| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $165M | $123M | -18.4% | 9.2% |
| Op. Income | -$63M | $11M | -$10M | -673.6% | -537.4% |
| Gross Margin | 11.3% | 21.5% | 26.8% | -10.2pp | -15.5pp |
| Net Margin | -51.9% | 2.1% | -8.0% | -54.0pp | -43.9pp |
| EPS (Diluted) | $-15.51 | $0.78 | $-2.46 | -2088.5% | -530.5% |
| Free Cash Flow | $31M | -$20M | $2M | 257.4% | 1179.2% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $15M |
| R&D Expenses | $800.0K |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $152M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | -$500.0K |
| Net Income from Continuing Ops | -$70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $17M |
| EBIT | -$63M |
| EBITDA | -$46M |
| EPS | -$16 |
| EPS Diluted | -$16 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $57M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $13M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $251M |
| PP&E (Net) | $322M |
| Goodwill | $24M |
| Intangible Assets | $47M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $407M |
| TOTAL ASSETS | $658M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $329M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | -$76M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $329M |
| Minority Interest | $0 |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $658M |
| Total Debt | $243M |
| Net Debt | $122M |
