| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $153M | $212M | 66.7% | 20.7% |
| Op. Income | $4M | $805.0K | $3M | 435.5% | 42.5% |
| Gross Margin | 9.5% | 13.9% | 12.3% | -4.4pp | -2.8pp |
| Net Margin | -0.3% | -0.3% | -0.3% | 0.0pp | 0.1pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $-0.03 | -56.6% | 5.9% |
| Free Cash Flow | $33M | -$95M | $10M | 134.4% | 244.8% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$817.0K |
| Net Income from Continuing Ops | -$639.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$639.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$639.0K |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$639.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$166.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $144M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $198M |
| PP&E (Net) | $111M |
| Goodwill | $19M |
| Intangible Assets | $53M |
| Long-Term Investments | $11M |
| Tax Assets | $4M |
| Other Non-Current Assets | $228.0K |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $396M |
| Account Payables | $116M |
| Short-Term Debt | $11M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $374.0K |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $461M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$47M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$65M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$65M |
| TOTAL LIABILITIES & EQUITY | $396M |
| Total Debt | $215M |
| Net Debt | $181M |
