| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $230M | $318M | 26.5% | -8.5% |
| Op. Income | -$32M | -$58M | -$35M | 44.8% | 8.6% |
| Gross Margin | 13.7% | 0.9% | 11.9% | 12.9pp | 1.8pp |
| Net Margin | -6.2% | -6.1% | -7.9% | -0.1pp | 1.7pp |
| EPS (Diluted) | $-0.54 | $-0.44 | $-0.70 | -22.7% | 22.9% |
| Free Cash Flow | -$15M | $8M | -$37M | -287.5% | 59.5% |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $40M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $2M |
| Operating Expenses | $72M |
| Cost & Expenses | $323M |
| OPERATING INCOME | -$32M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $15M |
| EBIT | -$6M |
| EBITDA | $9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $0 |
| Net Receivables | $201M |
| Inventory | $249M |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $859M |
| PP&E (Net) | $282M |
| Goodwill | $12M |
| Intangible Assets | $58M |
| Long-Term Investments | $134M |
| Tax Assets | $155M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $679M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $160M |
| Short-Term Debt | $394M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $795M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $510M |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $615M |
| Retained Earnings | -$213M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$409M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $472M |
| Net Debt | $232M |
