| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $91M | $36M | 23.2% | 209.1% |
| Op. Income | -$17M | -$29M | -$13M | 41.5% | -32.0% |
| Gross Margin | 11.3% | 2.3% | -32.9% | 9.0pp | 44.2pp |
| Net Margin | -22.3% | -40.5% | -56.4% | 18.2pp | 34.0pp |
| EPS (Diluted) | $-2.98 | $-4.43 | $-4.08 | 32.7% | 27.0% |
| Free Cash Flow | -$30M | -$14M | -$26M | -119.3% | -13.0% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $13M |
| R&D Expenses | $100.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $15M |
| Operating Expenses | $29M |
| Cost & Expenses | $128M |
| OPERATING INCOME | -$17M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $15M |
| EBIT | -$17M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $800.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $23M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $176M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $335M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $274M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $282M |
| TOTAL LIABILITIES | $363M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | -$495M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$28M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$28M |
| TOTAL LIABILITIES & EQUITY | $335M |
| Total Debt | $280M |
| Net Debt | $240M |
