| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $106M | $90M | -1.4% | 16.1% |
| Op. Income | $6M | $10M | -$5M | -38.4% | 225.8% |
| Gross Margin | 9.4% | 13.5% | 2.1% | -4.1pp | 7.3pp |
| Net Margin | -9.0% | -9.9% | -23.8% | 0.9pp | 14.9pp |
| EPS (Diluted) | $-0.07 | $-0.07 | $-0.15 | 11.0% | 56.1% |
| Free Cash Flow | $8M | $30M | -$63M | -74.0% | 112.3% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $6M |
| Interest Income | $113.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $30M |
| EBIT | $4M |
| EBITDA | $34M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $438.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $28M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.0K |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $24M |
| Short-Term Debt | $100M |
| Deferred Revenue | -$24M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $846M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $863M |
| TOTAL LIABILITIES | $992M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $837M |
| Minority Interest | $0 |
| TOTAL EQUITY | $837M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $946M |
| Net Debt | $830M |
