| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | $291M | $332M | 5.5% | -7.5% |
| Op. Income | -$25M | -$32M | -$26M | 21.9% | 3.8% |
| Gross Margin | 13.7% | 13.7% | 13.6% | -0.1pp | 0.1pp |
| Net Margin | 65.5% | -6.2% | 1.2% | 71.7pp | 64.3pp |
| EPS (Diluted) | $4.56 | $-0.54 | $-0.02 | 944.4% | 19587.2% |
| Free Cash Flow | -$3M | -$15M | -$29M | 80.0% | 89.7% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $42M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $2M |
| Operating Expenses | $67M |
| Cost & Expenses | $332M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $207M |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $14M |
| EBIT | $1M |
| EBITDA | $15M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$232M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $302M |
| NET CASH FROM INVESTING | $300M |
| Net Debt Issuance | -$297M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$297M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $0 |
| Net Receivables | $204M |
| Inventory | $251M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $273M |
| Goodwill | $12M |
| Intangible Assets | $56M |
| Long-Term Investments | $155M |
| Tax Assets | $154M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $702M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $156M |
| Short-Term Debt | $1M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $525M |
| TOTAL NON-CURRENT LIABILITIES | $689M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $612M |
| Retained Earnings | -$12M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$408M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $360M |
| Minority Interest | $0 |
| TOTAL EQUITY | $360M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $160M |
| Net Debt | -$56M |
