| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $283M | $217M | $244M | 30.3% | 16.3% |
| Op. Income | -$12M | -$19M | -$38M | 37.0% | 68.1% |
| Gross Margin | 10.9% | 5.8% | 7.8% | 5.1pp | 3.0pp |
| Net Margin | -5.8% | -6.2% | -22.9% | 0.3pp | 17.1pp |
| EPS (Diluted) | $-0.04 | $-0.03 | $-0.14 | -23.4% | 70.0% |
| Free Cash Flow | -$60M | $52M | $31M | -215.4% | -292.2% |
| Item | Amount |
|---|---|
| REVENUE | $283M |
| Cost of Revenue | $253M |
| GROSS PROFIT | $31M |
| R&D Expenses | $760.0K |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $295M |
| OPERATING INCOME | -$12M |
| Interest Income | $5M |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $44M |
| EBIT | $2M |
| EBITDA | $46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$136M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$520.3K |
| NET CASH FROM INVESTING | -$153M |
| Net Debt Issuance | -$533.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$214M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $484M |
| Short-Term Investments | $329M |
| Net Receivables | $161M |
| Inventory | $584M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $2.9B |
| Goodwill | $0 |
| Intangible Assets | $46M |
| Long-Term Investments | $183M |
| Tax Assets | $738M |
| Other Non-Current Assets | $507M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $142M |
| Short-Term Debt | $365M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $602M |
| Long-Term Debt | $728M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $950M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $173M |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $198.0K |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $1.1B |
| Net Debt | $609M |
