| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $141M | $178M | 8.5% | -14.3% |
| Op. Income | $11M | $8M | $25M | 35.8% | -56.7% |
| Gross Margin | 39.3% | 44.1% | 39.7% | -4.8pp | -0.5pp |
| Net Margin | -7.1% | -1.6% | 7.4% | -5.5pp | -14.5pp |
| EPS (Diluted) | $-0.27 | $-0.06 | $0.33 | -385.6% | -181.8% |
| Free Cash Flow | -$30M | -$7M | -$16M | -327.0% | -93.3% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $39M |
| Operating Expenses | $49M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $373.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $15M |
| EBIT | $852.0K |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $361.0K |
| Deferred Income Tax | $184.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $400.0K |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$194.0K |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $78M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $164M |
| PP&E (Net) | $420M |
| Goodwill | $18M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $626M |
| Account Payables | $45M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $391.0K |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $541M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $566M |
| TOTAL LIABILITIES | $671M |
| Common Stock | -$46M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$46M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$44M |
| TOTAL LIABILITIES & EQUITY | $626M |
| Total Debt | $597M |
| Net Debt | $595M |
