| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $28M | $35M | 47.6% | 17.5% |
| Op. Income | -$318.7K | -$13M | -$4M | 97.6% | 91.0% |
| Gross Margin | 16.1% | -19.6% | 3.6% | 35.6pp | 12.5pp |
| Net Margin | -20.0% | -74.5% | -34.3% | 54.5pp | 14.3pp |
| EPS (Diluted) | $-0.15 | $-0.38 | $-0.22 | 60.5% | 31.8% |
| Free Cash Flow | $211.3K | -$11M | $20M | 102.0% | -98.9% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$584.6K |
| Operating Expenses | $7M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$318.7K |
| Interest Income | $451.9K |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $16M |
| EBIT | $2M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $547.2K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $1M |
| 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 | -$16M |
| Common Stock Repurchased | -$777.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$467.5K |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $211.3K |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $8M |
| Short-Term Debt | $64M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $664M |
| TOTAL LIABILITIES | $747M |
| Common Stock | $588.6K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | $107M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $0 |
| TOTAL EQUITY | $932M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $727M |
| Net Debt | $678M |
