| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $267M | $183M | 33.7% | 94.8% |
| Op. Income | $252M | $162M | $89M | 55.4% | 183.0% |
| Gross Margin | 74.7% | 66.8% | 57.3% | 8.0pp | 17.5pp |
| Net Margin | -30.1% | 123.4% | -27.9% | -153.5pp | -2.2pp |
| EPS (Diluted) | $-0.67 | $2.00 | $-0.32 | -133.3% | -106.8% |
| Free Cash Flow | $106M | $127M | $46M | -16.7% | 132.3% |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $9M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $252M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | -$108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$108M |
| D&A | $115M |
| EBIT | -$119M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$108M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $213M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$67M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $17M |
| Other Current Assets | $96M |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $3.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $273M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $266M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $373M |
| TOTAL CURRENT LIABILITIES | $655M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $233M |
| Other Non-Current Liabilities | $710M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
