| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $859.11M | $566.32M | $723.36M | $889.80M | $999.35M |
| Cost of Revenue | $698.85M | $400.47M | $543.84M | $704.20M | $775.27M |
| Gross Profit | $160.26M | $165.85M | $179.53M | $185.60M | $224.09M |
| Gross Margin % | 18.65% | 29.29% | 24.82% | 20.86% | 22.42% |
| Operating Expenses | |||||
| R&D Expenses | $2.86M | $4.38M | $1.60M | $3.80M | $8.44M |
| SG&A Expenses | $179.01M | $154.62M | $167.98M | $187.00M | $191.47M |
| Other Operating Expenses | $0.00 | $0.00 | $0.00 | $33.60M | - |
| Total Operating Expenses | $181.87M | $159.00M | $169.58M | $190.80M | $204.19M |
| Operating Performance | |||||
| Operating Income | $-29.38M | $-1.74M | $20.82M | $29.10M | $19.90M |
| Operating Margin % | -3.42% | -0.31% | 2.88% | 3.27% | 1.99% |
| EBITDA | $-48.69M | $57.99M | $80.41M | $53.10M | $-267.00K |
| EBITDA Margin % | -5.67% | 10.24% | 11.12% | 5.97% | -0.03% |
| Other Income/Expenses | |||||
| Interest Expense | $44.39M | $43.33M | $33.40M | $45.00M | $49.90M |
| Other Income/Expenses Net | $-95.07M | $-2.18M | $8.49M | $-44.60M | $-90.05M |
| Income Before Tax | $-124.45M | $-3.92M | $29.31M | $-15.50M | $-70.15M |
| Income Tax Expense | $5.29M | $8.18M | $-2.22M | $11.10M | $8.48M |
| Net Performance | |||||
| Net Income | $-121.97M | $-10.32M | $30.89M | $-26.60M | $-197.21M |
| Net Margin % | -14.20% | -1.82% | 4.27% | -2.99% | -19.73% |
| EPS | $0.00 | $0.00 | $0.00 | $-0.30 | $-2.38 |
| Diluted EPS | $0.00 | $0.00 | $0.00 | $-0.30 | $-2.38 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $43.77M | $57.34M | $224.87M | $76.70M | $71.04M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | $257.04M | $223.07M | $246.80M | $335.90M | $270.25M |
| Inventory | $63.10M | $67.16M | $79.53M | $102.60M | $113.89M |
| Other Current Assets | $48.30M | $41.23M | $31.24M | $27.10M | $42.41M |
| Total Current Assets | $412.22M | $388.80M | $582.43M | $557.60M | $497.59M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $109.55M | $95.89M | $115.79M | $115.80M | $106.56M |
| Long Term Investments | - | - | - | $30.19M | $7.35M |
| Tax Assets | - | - | - | $23.46M | $2.11M |
| Other Non-Current Assets | $32.29M | $35.83M | $54.78M | $-1.64M | $14.51M |
| Total Non-Current Assets | $214.30M | $202.99M | $330.83M | $385.10M | $278.10M |
| Total Assets | |||||
| Total Assets | $626.52M | $591.79M | $913.27M | $942.70M | $775.70M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $109.91M | $73.48M | $85.93M | $139.20M | $127.49M |
| Short Term Debt | $287.28M | $4.00M | $18.78M | $9.10M | $11.47M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | $75.29M | $64.00M | $68.38M | $133.40M | $81.10M |
| Other Current Liabilities | $130.02M | $129.35M | $80.30M | $90.30M | $2.64M |
| Total Current Liabilities | $602.49M | $270.83M | $253.38M | $372.00M | $350.20M |
| Non-Current Liabilities | |||||
| Long Term Debt | $38.84M | $384.35M | $383.96M | $402.80M | $373.31M |
| Other Non-Current Liabilities | $280.12M | $274.87M | $217.30M | $159.90M | $187.95M |
| Total Non-Current Liabilities | $318.96M | $659.22M | $601.26M | $572.80M | $625.85M |
| Total Liabilities | |||||
| Total Liabilities | $921.46M | $930.05M | $854.64M | $944.80M | $976.05M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $4.70M | $4.78M | $5.11M | $5.10M | $5.15M |
| Retained Earnings | $-1.34B | $-1.35B | $-1.32B | $-1.36B | $-1.57B |
| Accumulated Other Comprehensive Income/Loss | $1.93M | $-52.39M | $-58.82M | $-72.80M | $-66.36M |
| Total Shareholders Equity | $-296.36M | $-339.37M | $33.15M | $-2.60M | $-200.96M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $625.10M | $590.69M | $887.79M | $942.70M | $775.70M |
| Total Debt | $326.12M | $388.35M | $402.74M | $411.90M | $436.34M |
| Net Debt | $282.35M | $331.01M | $177.86M | $335.20M | $365.30M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $-129.04M | $-10.30M | $31.54M | $-26.60M | $-78.87M |
| Depreciation & Amortization | $23.61M | $16.81M | $18.34M | $24.00M | $21.00M |
| Stock Based Compensation | $3.08M | $4.56M | $7.80M | $10.00M | $8.70M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $63.91M | $21.67M | $225.00K | $-28.20M | $71.39M |
| Change in Inventory | $-4.14M | $-4.08M | $-3.05M | $-19.00M | $-8.13M |
| Change in Accounts Payable | $-80.46M | $-42.00M | $7.08M | $52.70M | $12.93M |
| Other Working Capital Changes | $-86.67M | $-71.20M | $-79.49M | $-45.20M | $-61.32M |
| Total Working Capital Change | $-132.62M | $-56.18M | $-143.30M | $-39.70M | $14.87M |
| Other Operating | |||||
| Other Non-Cash Items | $59.51M | $2.51M | $-17.83M | $-4.20M | $-6.50M |
| Net Cash from Operations | $-176.32M | $-40.81M | $-111.20M | $-30.60M | $-42.27M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-3.80M | $-8.23M | $-6.68M | $-13.20M | $-9.80M |
| Purchase of Investments | $-8.91M | $-29.07M | $-12.61M | $-6.40M | $-6.09M |
| Sale of Investments | $11.55M | $26.56M | $15.69M | $9.80M | $8.05M |
| Other Investing Activities | $2.51M | $4.95M | - | $500.00K | $-102.00K |
| Net Cash from Investing | $8.78M | $2.22M | $-33.54M | $-68.70M | $-7.94M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-299.87M | $-173.60M | $-255.05M | $-19.30M | $-24.72M |
| Stock Repurchases | $-117.00K | $-283.00K | $-4.94M | $-2.80M | $-1.41M |
| Dividends Paid | - | - | $-9.13M | $-14.90M | $-11.14M |
| Other Financing Activities | $465.61M | $217.98M | $411.10M | $25.80M | $-3.61M |
| Net Cash from Financing | $167.02M | $44.10M | $302.81M | $-11.20M | $8.56M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-3.34M | $10.48M | $159.29M | $-113.20M | $-20.53M |
| Cash at Beginning of Period | $60.28M | $56.94M | $67.42M | $226.70M | $91.57M |
| Cash at End of Period | $56.94M | $67.42M | $226.72M | $113.50M | $71.04M |
| Key Metrics | |||||
| Operating Cash Flow | $-176.32M | $-40.81M | $-111.20M | $-30.60M | $-42.27M |
| Capital Expenditure | $-3.80M | $-8.23M | $-6.68M | $-13.20M | $-9.80M |
| Free Cash Flow | $-180.12M | $-49.04M | $-117.88M | $-43.80M | $-52.07M |