| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | — | $205M | — | -25.8% |
| Op. Income | -$5M | — | $13M | — | -136.4% |
| Gross Margin | 30.1% | — | 36.6% | — | -6.5pp |
| Net Margin | -12.8% | — | 2.9% | — | -15.7pp |
| EPS (Diluted) | $-0.21 | — | $0.06 | — | -450.0% |
| Free Cash Flow | $20M | — | $13M | — | 55.1% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $46M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $157M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $15M |
| EBIT | -$14M |
| EBITDA | $900.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | $700.0K |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $102M |
| Inventory | $163M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $443M |
| PP&E (Net) | $224M |
| Goodwill | $910M |
| Intangible Assets | $85M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $75M |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $232M |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $444M |
| Common Stock | $900.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$204M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $293M |
| Net Debt | $125M |
