| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $137M | $134M | 21.5% | 24.0% |
| Op. Income | $11M | -$15M | -$43M | 170.0% | 124.3% |
| Gross Margin | 20.5% | 8.3% | -15.1% | 12.2pp | 35.6pp |
| Net Margin | -8.4% | -12.6% | -34.7% | 4.1pp | 26.2pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.10 | 18.6% | 72.1% |
| Free Cash Flow | $27M | -$15M | -$49M | 278.7% | 154.0% |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $34M |
| R&D Expenses | $563.0K |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $16M |
| Operating Expenses | $24M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $626.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $43M |
| EBIT | -$2M |
| EBITDA | $41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$591.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$162M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$93.0K |
| NET CASH FROM FINANCING | -$166M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$140M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $83M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $12M |
| Tax Assets | $3M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $41M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $518M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129M |
| Other Non-Current Liabilities | $166M |
| TOTAL NON-CURRENT LIABILITIES | $829M |
| TOTAL LIABILITIES | $945M |
| Common Stock | $134M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$388M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $544M |
| Net Debt | $468M |
