| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $549.33M | $424.35M | $323.09M | $358.54M | $392.11M |
| Cost of Revenue | $310.50M | $211.98M | $131.23M | $165.46M | $194.30M |
| Gross Profit | $238.83M | $212.37M | $191.86M | $193.07M | $197.81M |
| Gross Margin % | 43.48% | 50.05% | 59.38% | 53.85% | 50.45% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $81.52M | $66.27M | $64.16M | $36.47M | $39.50M |
| Other Operating Expenses | $321.46M | $136.49M | $32.63M | $113.32M | $152.66M |
| Total Operating Expenses | $402.98M | $202.76M | $96.80M | $149.78M | $192.16M |
| Operating Performance | |||||
| Operating Income | $-164.14M | $9.61M | $95.06M | $77.92M | - |
| Operating Margin % | -29.88% | 2.26% | 29.42% | 21.73% | - |
| EBITDA | $-252.60M | $-255.49M | $-25.99M | $112.16M | $35.91M |
| EBITDA Margin % | -45.98% | -60.21% | -8.04% | 31.28% | 9.16% |
| Other Income/Expenses | |||||
| Interest Expense | $55.42M | $48.86M | $32.28M | $28.72M | $25.91M |
| Other Income/Expenses Net | $-332.27M | $-260.92M | $-62.25M | $-28.72M | $-117.02M |
| Income Before Tax | $-496.42M | $-251.31M | $32.81M | $49.20M | $-23.61M |
| Income Tax Expense | $3.17M | $-10.90M | $6.28M | $2.44M | $1.06M |
| Net Performance | |||||
| Net Income | $-414.51M | $-353.30M | $-101.05M | $45.79M | $-15.55M |
| Net Margin % | -75.46% | -83.26% | -31.28% | 12.77% | -3.97% |
| EPS | $-3.25 | $-2.75 | $-0.79 | $0.35 | $-0.12 |
| Diluted EPS | $-3.25 | $-2.75 | $-0.79 | $0.34 | $-0.12 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $69.62M | $474.82M | $259.72M | $306.32M | $257.51M |
| Short Term Investments | $273.60M | $11.19M | - | - | - |
| Net Receivables | $2.64B | $2.25B | $3.53B | $3.53B | $41.45M |
| Inventory | - | - | - | - | $-2.73M |
| Other Current Assets | $2.19B | $2.16B | $949.57M | $92.76M | $3.01B |
| Total Current Assets | $5.18B | $4.89B | $4.74B | $3.93B | $3.30B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $25.48M | $22.06M | $24.97M | $25.24M | $22.09M |
| Long Term Investments | $595.31M | $373.36M | $20.59M | $3.04M | $2.25M |
| Tax Assets | - | - | - | - | $2.89M |
| Other Non-Current Assets | $1.53B | $863.93M | $804.00M | $753.30M | $827.12M |
| Total Non-Current Assets | $2.23B | $1.32B | $899.38M | $822.76M | $898.00M |
| Total Assets | |||||
| Total Assets | $7.41B | $6.21B | $5.64B | $4.75B | $4.20B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $28.28M | $15.08M | $20.17M | $15.09M | $17.57M |
| Short Term Debt | $1.10B | $535.22M | $905.12M | $1.34B | $3.51M |
| Tax Payables | $31.51M | $32.57M | - | $26.20M | $24.20M |
| Deferred Revenue | $16.74M | $9.08M | $7.67M | $7.69M | $7.22M |
| Other Current Liabilities | $83.72M | $29.76M | $108.33M | $116.51M | $597.80M |
| Total Current Liabilities | $1.26B | $621.72M | $1.04B | $1.48B | $650.29M |
| Non-Current Liabilities | |||||
| Long Term Debt | $3.88B | $3.59B | $3.06B | $1.85B | $2.74B |
| Other Non-Current Liabilities | $27.54M | $-50.00K | $6.88M | $-2.22M | $-465.91M |
| Total Non-Current Liabilities | $3.95B | $3.63B | $3.11B | $1.88B | $2.27B |
| Total Liabilities | |||||
| Total Liabilities | $5.21B | $4.25B | $4.15B | $3.36B | $2.92B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.29M | $1.29M | $1.30M | $1.29M | $1.30M |
| Retained Earnings | $-819.74M | $-1.23B | $-1.41B | $-1.47B | $-1.59B |
| Accumulated Other Comprehensive Income/Loss | $28.29M | $54.59M | $8.79M | $-676.00K | $-2.56M |
| Total Shareholders Equity | $2.12B | $1.67B | $1.46B | $1.39B | $1.28B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $7.33B | $5.92B | $5.60B | $4.75B | $4.20B |
| Total Debt | $4.98B | $4.13B | $3.97B | $3.19B | $2.74B |
| Net Debt | $4.91B | $3.65B | $3.71B | $2.88B | $2.48B |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $-462.65M | $-375.58M | $-104.58M | $46.79M | $-15.62M |
| Depreciation & Amortization | $103.32M | $59.85M | $36.50M | $34.23M | $33.61M |
| Stock Based Compensation | $10.81M | $4.37M | $14.02M | $7.89M | $14.06M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-3.07M | $1.51M |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | - | - |
| Other Working Capital Changes | $-14.87M | $12.94M | $-3.72M | $341.00K | $-2.96M |
| Total Working Capital Change | $-23.42M | $3.13M | $-19.89M | $-2.73M | $-1.45M |
| Other Operating | |||||
| Other Non-Cash Items | $513.76M | $404.76M | $52.77M | $41.14M | $108.06M |
| Net Cash from Operations | $137.18M | $96.36M | $-21.27M | $125.28M | $137.62M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-3.97M | $-7.06M |
| Purchase of Investments | $-372.00K | - | - | $3.97M | - |
| Sale of Investments | $28.89M | $172.85M | $45.55M | $36.15M | $2.16M |
| Other Investing Activities | $-511.90M | $770.46M | $-787.74M | $15.08M | $389.06M |
| Net Cash from Investing | $-416.03M | $1.00B | $-555.79M | $89.34M | $384.16M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-1.85B | $-1.18B | $-1.30B | $-778.35M | $-451.71M |
| Stock Repurchases | $-1.60M | $-1.74M | $-2.61M | $-44.96M | $-2.89M |
| Dividends Paid | $-217.72M | $-51.71M | $-51.92M | $-99.39M | $-103.95M |
| Other Financing Activities | $2.35B | $478.78M | $1.74B | $761.24M | $-2.94M |
| Net Cash from Financing | $286.78M | $-754.06M | $384.36M | $-161.45M | $-558.60M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $8.22M | $344.35M | $-193.47M | $52.27M | $-36.74M |
| Cash at Beginning of Period | $187.46M | $195.68M | $540.03M | $346.56M | $398.83M |
| Cash at End of Period | $195.68M | $540.03M | $346.56M | $398.83M | $362.09M |
| Key Metrics | |||||
| Operating Cash Flow | $137.18M | $96.36M | $-21.27M | $125.28M | $137.62M |
| Capital Expenditure | - | - | - | $-3.97M | $-7.06M |
| Free Cash Flow | $137.18M | $96.36M | $-21.27M | $121.31M | $130.57M |