| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $332M | $163M | -53.3% | -4.7% |
| Op. Income | $2M | $20M | -$5M | -90.6% | 138.2% |
| Gross Margin | 12.3% | 12.9% | 12.7% | -0.5pp | -0.4pp |
| Net Margin | -0.8% | 4.5% | -4.8% | -5.3pp | 4.0pp |
| EPS (Diluted) | $-0.05 | $0.52 | $-0.33 | -108.9% | 85.9% |
| Free Cash Flow | -$59M | $25M | -$37M | -338.0% | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $153M |
| OPERATING INCOME | $2M |
| Interest Income | $9.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$236.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $852.0K |
| Deferred Income Tax | $267.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $68M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $377.0K |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $84M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $82M |
| Goodwill | $19M |
| Intangible Assets | $55M |
| Long-Term Investments | $11M |
| Tax Assets | $4M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $174M |
| TOTAL ASSETS | $298M |
| Account Payables | $66M |
| Short-Term Debt | $10M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $200.0K |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $377M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$71M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$80M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$80M |
| TOTAL LIABILITIES & EQUITY | $298M |
| Total Debt | $210M |
| Net Debt | $191M |
