| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $68M | $60M | -9.7% | 2.9% |
| Op. Income | -$1M | $16M | $11M | -109.3% | -113.8% |
| Gross Margin | 27.2% | 33.8% | 27.7% | -6.6pp | -0.5pp |
| Net Margin | -12.6% | 15.1% | 11.5% | -27.7pp | -24.1pp |
| EPS (Diluted) | $-0.05 | $0.07 | $0.04 | -168.7% | -220.2% |
| Free Cash Flow | -$35M | -$33M | -$13M | -5.8% | -168.6% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $1M |
| Operating Expenses | $8M |
| Cost & Expenses | $53M |
| OPERATING INCOME | -$1M |
| Interest Income | $287.3K |
| Interest Expense | $224.4K |
| Other Income/Expenses | -$60.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $12M |
| EBIT | -$1M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $173.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $15M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $696M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $745M |
| TOTAL ASSETS | $871M |
| Account Payables | $13M |
| Short-Term Debt | $1M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $422M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $168M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $610M |
| Minority Interest | $0 |
| TOTAL EQUITY | $610M |
| TOTAL LIABILITIES & EQUITY | $871M |
| Total Debt | $135M |
| Net Debt | $63M |
