| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $19M | $19M | 56.8% | 56.8% |
| Op. Income | $14M | $5M | $7M | 185.7% | 94.6% |
| Gross Margin | 54.9% | 33.8% | 44.0% | 21.1pp | 10.9pp |
| Net Margin | 1.6% | -20.6% | 6.2% | 22.2pp | -4.6pp |
| EPS (Diluted) | $0.01 | $-0.07 | $0.03 | 113.8% | -66.7% |
| Free Cash Flow | -$137M | -$137M | -$39M | 0.0% | -246.6% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $14M |
| Interest Income | $264.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $467.0K |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | $468.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $468.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468.0K |
| D&A | $8M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $14M |
| Interest Income | $264.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $467.0K |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | $468.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $468.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468.0K |
| D&A | $8M |
| EBIT | $10M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $468.0K |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $65.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$145M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3.0K |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | $172M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $167M |
| FREE CASH FLOW | -$137M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $383.0K |
| Inventory | $2M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $269.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $933.0K |
| Short-Term Debt | $34M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $703M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0K |
| TOTAL NON-CURRENT LIABILITIES | $703M |
| TOTAL LIABILITIES | $758M |
| 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 | $821M |
| Minority Interest | $0 |
| TOTAL EQUITY | $821M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $737M |
| Net Debt | $681M |
