| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $16M | $34M | 132.6% | 7.6% |
| Op. Income | -$11M | -$11M | -$9M | -6.1% | -23.1% |
| Gross Margin | 12.9% | 9.1% | 26.1% | 3.7pp | -13.2pp |
| Net Margin | -35.8% | -64.8% | -15.9% | 29.0pp | -19.9pp |
| EPS (Diluted) | $-0.38 | $-0.30 | $-0.16 | -26.7% | -137.5% |
| Free Cash Flow | -$6M | -$27M | -$27M | 76.9% | 76.7% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$501.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $4M |
| EBIT | -$11M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $136.0K |
| Deferred Income Tax | -$501.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$578.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $5M |
| Net Receivables | $1M |
| Inventory | $33M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $436M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $119M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $558M |
| TOTAL ASSETS | $623M |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$29M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $101M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$995M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $488M |
| Minority Interest | $0 |
| TOTAL EQUITY | $488M |
| TOTAL LIABILITIES & EQUITY | $623M |
| Total Debt | $57M |
| Net Debt | $48M |
