| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $225M | $153M | -39.1% | -10.3% |
| Op. Income | -$15M | $8M | -$16M | -298.1% | 6.6% |
| Gross Margin | 8.3% | 11.3% | 2.3% | -2.9pp | 6.0pp |
| Net Margin | -12.6% | -3.5% | -16.7% | -9.0pp | 4.2pp |
| EPS (Diluted) | $-0.03 | $-0.02 | $-0.05 | -106.3% | 38.0% |
| Free Cash Flow | -$15M | $34M | -$13M | -144.3% | -14.6% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $11M |
| R&D Expenses | $535.0K |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $17M |
| Operating Expenses | $26M |
| Cost & Expenses | $152M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $42M |
| EBIT | -$2M |
| EBITDA | $40M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $154.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $172M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$458.0K |
| NET CASH FROM FINANCING | $170M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $75M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $343M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $3M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $679M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $126M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $990M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $132M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$372M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $705M |
| Net Debt | $489M |
