| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $143M | $137M | 1.2% | 5.9% |
| Op. Income | $8M | $4M | $6M | 114.1% | 33.3% |
| Gross Margin | 23.3% | 20.3% | 28.0% | 3.1pp | -4.7pp |
| Net Margin | -12.4% | -12.7% | -9.4% | 0.2pp | -3.0pp |
| EPS (Diluted) | $-0.14 | $-0.15 | $-0.12 | 6.7% | -16.7% |
| Free Cash Flow | $68M | -$42M | $5M | 262.5% | 1334.9% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $34M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $75M |
| EBIT | $8M |
| EBITDA | $83M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$802.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | -$395.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $760.0K |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $39M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $294M |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $47M |
| Long-Term Investments | $195M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $14M |
| Short-Term Debt | $219M |
| Deferred Revenue | $41M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $323M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $62M |
| Deferred Tax Liabilities | $223M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $440M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.9B |
| Net Debt | $1.7B |
