| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $282M | $375M | -0.5% | -25.4% |
| Op. Income | -$20M | -$48M | -$17M | 58.3% | -18.0% |
| Gross Margin | 21.0% | 20.5% | 22.8% | 0.5pp | -1.7pp |
| Net Margin | -6.4% | -13.2% | -3.8% | 6.8pp | -2.6pp |
| EPS (Diluted) | $-0.49 | $-1.02 | $-0.48 | 52.0% | -2.1% |
| Free Cash Flow | -$15M | -$13M | $19M | -15.4% | -177.1% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $221M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | -$1M |
| Operating Expenses | $79M |
| Cost & Expenses | $300M |
| OPERATING INCOME | -$20M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $9M |
| EBIT | -$20M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$781.0K |
| Change in Working Capital | $960.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $0 |
| Net Receivables | $99M |
| Inventory | $92M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $224M |
| Goodwill | $215M |
| Intangible Assets | $108M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $564M |
| TOTAL ASSETS | $963M |
| Account Payables | $69M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $502M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$102M |
| TOTAL NON-CURRENT LIABILITIES | $505M |
| TOTAL LIABILITIES | $635M |
| Common Stock | $379.0K |
| Additional Paid-In Capital | $305M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $328M |
| Minority Interest | $0 |
| TOTAL EQUITY | $328M |
| TOTAL LIABILITIES & EQUITY | $963M |
| Total Debt | $646M |
| Net Debt | $471M |
