| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $160M | $158M | -8.2% | -7.1% |
| Op. Income | -$6M | $502.0K | -$3M | -1315.5% | -113.1% |
| Gross Margin | 27.2% | 33.3% | 37.2% | -6.1pp | -10.0pp |
| Net Margin | -35.3% | -6.3% | -2.5% | -29.0pp | -32.8pp |
| EPS (Diluted) | $-3.04 | $-0.59 | $-0.23 | -415.3% | -1221.7% |
| Free Cash Flow | $6M | -$22M | -$1M | 126.6% | 541.6% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $11M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $153M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $8M |
| EBIT | -$6M |
| EBITDA | $2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $43M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $100M |
| Other Current Assets | $144.0K |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $191M |
| Goodwill | $36M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $267M |
| TOTAL ASSETS | $453M |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $123M |
| Deferred Revenue NC | -$6.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $17M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $453M |
| Total Debt | $123M |
| Net Debt | $111M |
