| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $942M | -7.3% | 25.6% |
| Op. Income | -$58M | -$41M | -$86M | -42.2% | 32.2% |
| Gross Margin | 27.1% | 25.9% | 26.8% | 1.3pp | 0.3pp |
| Net Margin | -5.2% | -5.2% | -11.8% | 0.0pp | 6.6pp |
| EPS (Diluted) | $-0.21 | $-0.25 | $-0.43 | 16.0% | 51.2% |
| Free Cash Flow | -$25M | -$34M | $182M | 25.4% | -113.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $863M |
| GROSS PROFIT | $321M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | -$58M |
| Interest Income | $100.0K |
| Interest Expense | $600.0K |
| Other Income/Expenses | -$500.0K |
| INCOME BEFORE TAX | -$59M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62M |
| D&A | $18M |
| EBIT | -$58M |
| EBITDA | -$40M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$62M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $596M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $832M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $889M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $410M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $500M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $347M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $701M |
| Net Debt | -$1.0B |
