| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $31M | $36M | -41.7% | -49.7% |
| Op. Income | -$21M | -$99M | -$11M | 78.7% | -88.8% |
| Gross Margin | -48.5% | -11.7% | 12.9% | -36.8pp | -61.4pp |
| Net Margin | -108.3% | -315.9% | -35.8% | 207.6pp | -72.6pp |
| EPS (Diluted) | $-0.49 | $-2.48 | $-0.38 | 80.2% | -28.9% |
| Free Cash Flow | -$11M | -$17M | -$6M | 35.7% | -77.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $10M |
| Operating Expenses | $12M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$30.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $5M |
| EBIT | -$18M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $214.0K |
| Deferred Income Tax | -$30.0K |
| Other Non-Cash Items | $672.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $193.0K |
| Other Investing Activities | $282.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$502.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$503.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $33M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $334M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $106M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $447M |
| TOTAL ASSETS | $505M |
| Account Payables | $28M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $122M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $383M |
| Minority Interest | $0 |
| TOTAL EQUITY | $383M |
| TOTAL LIABILITIES & EQUITY | $505M |
| Total Debt | $54M |
| Net Debt | $35M |
