| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $7M | -0.6% | 169.8% |
| Op. Income | $5M | $3M | $258.0K | 61.7% | 1809.3% |
| Gross Margin | 33.8% | 25.7% | 16.8% | 8.2pp | 17.0pp |
| Net Margin | -20.6% | -18.0% | -40.5% | -2.6pp | 19.9pp |
| EPS (Diluted) | $-0.07 | $-0.06 | $-0.08 | -14.0% | 6.7% |
| Free Cash Flow | -$137M | -$4M | -$177M | -3721.8% | 22.7% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $204.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $65.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $64.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$146M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | $118M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $118M |
| FREE CASH FLOW | -$137M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57.0K |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $2M |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $537M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $537M |
| TOTAL LIABILITIES | $584M |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$375M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $820M |
| Minority Interest | $0 |
| TOTAL EQUITY | $820M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $567M |
| Net Debt | $540M |
