| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $297M | $267M | -10.8% | -0.7% |
| Op. Income | -$14M | $6M | -$21M | -333.3% | 33.3% |
| Gross Margin | 15.1% | 15.8% | 13.5% | -0.7pp | 1.6pp |
| Net Margin | 2.3% | 6.7% | -41.6% | -4.5pp | 43.8pp |
| EPS (Diluted) | $0.16 | $0.46 | $-2.66 | -65.2% | 106.0% |
| Free Cash Flow | -$17M | $9M | -$45M | -288.9% | 62.2% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $40M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $46M |
| Operating Expenses | $54M |
| Cost & Expenses | $279M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $240M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $242M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $0 |
| Net Receivables | $165M |
| Inventory | $224M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $834M |
| PP&E (Net) | $190M |
| Goodwill | $12M |
| Intangible Assets | $38M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $415M |
| TOTAL NON-CURRENT ASSETS | $655M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $141M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $134M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $611M |
| TOTAL NON-CURRENT LIABILITIES | $898M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$614M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | -$441M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $307M |
| Net Debt | -$94M |
