| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $328.33M | $144.92M | $203.98M | $294.85M | $311.11M |
| Cost of Revenue | $204.64M | $122.58M | $144.85M | $183.29M | $159.66M |
| Gross Profit | $123.69M | $22.33M | $59.13M | $111.56M | $151.45M |
| Gross Margin % | 37.67% | 15.41% | 28.99% | 37.84% | 48.68% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $14.08M | $11.56M | $32.31M | $17.34M | $17.52M |
| Other Operating Expenses | $51.51M | $53.87M | $37.66M | $60.03M | $64.80M |
| Total Operating Expenses | $65.58M | $65.44M | $69.97M | $77.37M | $82.32M |
| Operating Performance | |||||
| Operating Income | $53.39M | $-41.65M | $-17.21M | $36.45M | $28.61M |
| Operating Margin % | 16.26% | -28.74% | -8.44% | 12.36% | 9.20% |
| EBITDA | $96.72M | $4.59M | $62.19M | $93.55M | $91.12M |
| EBITDA Margin % | 29.46% | 3.16% | 30.49% | 31.73% | 29.29% |
| Other Income/Expenses | |||||
| Interest Expense | $26.76M | $26.98M | $23.09M | $26.45M | $25.92M |
| Other Income/Expenses Net | $-34.51M | $-35.37M | $-1.63M | $-26.58M | $-26.13M |
| Income Before Tax | $18.88M | $-77.02M | $-18.85M | $9.87M | $2.49M |
| Income Tax Expense | $0.00 | $0.00 | $3.54M | $26.65M | - |
| Net Performance | |||||
| Net Income | $18.70M | $-76.02M | $-18.41M | $-16.78M | $2.64M |
| Net Margin % | 5.70% | -52.46% | -9.03% | -5.69% | 0.85% |
| EPS | $0.00 | $0.00 | $-0.46 | $-0.34 | $-0.11 |
| Diluted EPS | $0.00 | $0.00 | $-0.46 | $-0.34 | $-0.11 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $6.62M | $21.12M | $19.19M | $26.27M | $68.13M |
| Short Term Investments | - | - | $1.28B | $800.00K | - |
| Net Receivables | $4.63M | $1.69M | $3.00M | $5.18M | $4.38M |
| Inventory | - | - | - | $-800.00K | $107.74M |
| Other Current Assets | $16.18M | $12.60M | $-1.27B | $18.88M | $-90.12M |
| Total Current Assets | $27.42M | $35.41M | $35.66M | $50.33M | $90.12M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $21.27M | $20.64M | $19.99M | $19.30M | $18.14M |
| Long Term Investments | $17.97M | - | - | $800.00K | - |
| Tax Assets | $29.00K | - | - | - | - |
| Other Non-Current Assets | $1.37B | $1.31B | $1.36B | $1.27B | $1.23B |
| Total Non-Current Assets | $1.41B | $1.33B | $1.38B | $1.29B | $1.25B |
| Total Assets | |||||
| Total Assets | $1.44B | $1.37B | $1.41B | $1.34B | $1.34B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $33.01M | $25.37M | $27.72M | $28.53M | $29.26M |
| Short Term Debt | $90.00M | $135.30M | - | $117.96M | $24.59M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | $-117.96M | $-24.59M |
| Other Current Liabilities | $-68.64M | $-114.88M | $1.80M | $5.22M | $-23.84M |
| Total Current Liabilities | $54.37M | $45.79M | $29.52M | $33.75M | $34.67M |
| Non-Current Liabilities | |||||
| Long Term Debt | $609.18M | $632.00M | $566.99M | $491.99M | $504.89M |
| Other Non-Current Liabilities | - | - | - | - | $-560.36M |
| Total Non-Current Liabilities | $609.18M | $632.00M | $566.99M | $491.99M | $504.89M |
| Total Liabilities | |||||
| Total Liabilities | $663.55M | $677.80M | $596.51M | $525.74M | $539.55M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $469.00K | $470.00K | $487.00K | $488.00K | $488.00K |
| Retained Earnings | $-142.37M | $-228.72M | $-251.10M | $-252.67M | $-271.65M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | - | $-48.00K |
| Total Shareholders Equity | $762.38M | $677.75M | $797.50M | $794.89M | $776.06M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.43B | $1.36B | $1.39B | $1.34B | $1.34B |
| Total Debt | $699.18M | $767.30M | $566.99M | $491.99M | $504.89M |
| Net Debt | $692.56M | $746.18M | $547.80M | $465.72M | $436.76M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $18.70M | $-76.02M | $-18.41M | $9.87M | $2.49M |
| Depreciation & Amortization | $51.26M | $53.63M | $53.97M | $59.12M | $58.04M |
| Stock Based Compensation | $4.72M | $4.89M | $4.82M | $5.55M | $6.12M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-102.00K | $2.94M | $-1.31M | $-2.19M | $803.00K |
| Change in Inventory | - | - | - | - | $-361.00K |
| Change in Accounts Payable | - | - | $5.73M | $460.00K | $1.05M |
| Other Working Capital Changes | $-17.00K | $-6.00K | $-327.00K | $-839.00K | $-102.00K |
| Total Working Capital Change | $459.00K | $-4.59M | $3.68M | $-2.57M | $1.39M |
| Other Operating | |||||
| Other Non-Cash Items | $11.07M | $2.11M | $-15.29M | $-440.00K | $9.46M |
| Net Cash from Operations | $86.23M | $-19.96M | $28.78M | $71.54M | $76.44M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | $-15.66M | $-28.11M |
| Purchase of Investments | - | - | - | $-3.30M | - |
| Sale of Investments | - | - | - | $79.57M | - |
| Other Investing Activities | $-44.58M | $26.81M | $-104.74M | $400.00K | $-28.11M |
| Net Cash from Investing | $-44.58M | $26.81M | $-101.94M | $29.96M | $-28.11M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-72.70M | $-76.44M | $-176.49M | $-119.00M | $-157.07M |
| Stock Repurchases | - | - | - | $-1.00 | $172.93M |
| Dividends Paid | $-62.66M | $-16.24M | $-2.60M | $-8.10M | $-22.16M |
| Other Financing Activities | $74.24M | $96.93M | $226.06M | $40.83M | $-1.48M |
| Net Cash from Financing | $-53.81M | $4.43M | $71.58M | $-86.21M | $-7.73M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-12.16M | $11.27M | $-1.58M | $15.28M | $40.60M |
| Cash at Beginning of Period | $32.34M | $20.18M | $31.45M | $29.87M | $45.15M |
| Cash at End of Period | $20.18M | $31.45M | $29.87M | $45.15M | $85.75M |
| Key Metrics | |||||
| Operating Cash Flow | $86.23M | $-19.96M | $28.78M | $71.54M | $76.44M |
| Capital Expenditure | - | - | - | $-15.66M | $-28.11M |
| Free Cash Flow | $86.23M | $-19.96M | $28.78M | $55.87M | $48.33M |