| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $87M | $83M | 4.6% | 9.4% |
| Op. Income | -$29M | -$22M | -$236M | -29.0% | 87.7% |
| Gross Margin | 2.3% | -8.8% | -11.1% | 11.1pp | 13.4pp |
| Net Margin | -40.5% | -35.1% | -292.9% | -5.4pp | 252.4pp |
| EPS (Diluted) | $-4.43 | $-3.67 | $-52.85 | -20.7% | 91.6% |
| Free Cash Flow | -$14M | -$30M | $2M | 55.3% | -713.6% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $2M |
| R&D Expenses | $100.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $15M |
| Operating Expenses | $30M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$29M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $15M |
| EBIT | -$29M |
| EBITDA | -$14M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $800.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $21M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $189M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $337M |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $470M |
| Retained Earnings | -$470M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $337M |
| Total Debt | $250M |
| Net Debt | $212M |
