| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $155M | $217M | 36.6% | -2.3% |
| Op. Income | $3M | $2M | $3M | 64.7% | -10.7% |
| Gross Margin | 12.3% | 12.3% | 10.0% | -0.1pp | 2.3pp |
| Net Margin | -0.3% | -0.8% | 0.8% | 0.5pp | -1.2pp |
| EPS (Diluted) | $-0.03 | $-0.05 | $0.04 | 45.5% | -163.2% |
| Free Cash Flow | $10M | -$59M | -$3M | 116.1% | 437.4% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$852.0K |
| Income Tax Expense | -$179.0K |
| Net Income from Continuing Ops | -$673.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$673.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$673.0K |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$673.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$184.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$239.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $126M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $92M |
| Goodwill | $19M |
| Intangible Assets | $56M |
| Long-Term Investments | $11M |
| Tax Assets | $4M |
| Other Non-Current Assets | $412.0K |
| TOTAL NON-CURRENT ASSETS | $184M |
| TOTAL ASSETS | $355M |
| Account Payables | $113M |
| Short-Term Debt | $10M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $198M |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $259M |
| TOTAL LIABILITIES | $433M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$72M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$78M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$78M |
| TOTAL LIABILITIES & EQUITY | $355M |
| Total Debt | $208M |
| Net Debt | $182M |
