| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $137M | $140M | 11.8% | 9.2% |
| Op. Income | -$16M | -$24M | $12M | 34.1% | -234.9% |
| Gross Margin | 2.3% | -0.9% | 27.8% | 3.2pp | -25.5pp |
| Net Margin | -16.7% | -17.4% | 5.9% | 0.6pp | -22.6pp |
| EPS (Diluted) | $-0.05 | $-0.05 | $0.02 | -7.3% | -364.5% |
| Free Cash Flow | -$13M | -$35M | -$1M | 62.3% | -941.6% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | -$1M |
| Operating Expenses | $16M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$16M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $40M |
| EBIT | -$22M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$751.0K |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$39.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $79M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $3M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $62M |
| Short-Term Debt | $0 |
| Deferred Revenue | $51M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $147M |
| Long-Term Debt | $534M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $159M |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $877M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $122M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$275M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $570M |
| Net Debt | $558M |
