| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $132M | $67M | -19.7% | 57.9% |
| Op. Income | $10M | $37M | -$12M | -71.9% | 184.6% |
| Gross Margin | 13.5% | 30.5% | -12.2% | -17.0pp | 25.6pp |
| Net Margin | -9.9% | 13.4% | -42.0% | -23.3pp | 32.1pp |
| EPS (Diluted) | $-0.07 | $0.12 | $-0.20 | -161.6% | 63.1% |
| Free Cash Flow | $30M | $35M | -$76M | -15.3% | 139.0% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $10M |
| Interest Income | $444.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $61.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $28M |
| EBIT | $4M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $901.0K |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $38M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $157M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $21M |
| Short-Term Debt | $97M |
| Deferred Revenue | -$21M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $807M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $822M |
| TOTAL LIABILITIES | $944M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$297M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $737.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $849M |
| Minority Interest | $0 |
| TOTAL EQUITY | $849M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $904M |
| Net Debt | $833M |
