| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $153M | $147M | -12.1% | -8.9% |
| Op. Income | -$43M | -$16M | $4M | -169.6% | -1257.5% |
| Gross Margin | -15.1% | 2.3% | 23.8% | -17.3pp | -38.9pp |
| Net Margin | -34.7% | -16.7% | 8.2% | -18.0pp | -42.9pp |
| EPS (Diluted) | $-0.10 | $-0.05 | $0.03 | -80.9% | -419.0% |
| Free Cash Flow | -$49M | -$13M | $5M | -279.5% | -1096.6% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $154M |
| GROSS PROFIT | -$20M |
| R&D Expenses | $956.0K |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | -$1M |
| Operating Expenses | $15M |
| Cost & Expenses | $169M |
| OPERATING INCOME | -$43M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$58M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $51M |
| EBIT | -$46M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$107.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $81M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $145M |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $3M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $587M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $148M |
| Other Non-Current Liabilities | $158M |
| TOTAL NON-CURRENT LIABILITIES | $914M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $124M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$323M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $619M |
| Net Debt | $610M |
