| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $34M | $13M | -20.4% | 100.3% |
| Op. Income | -$15M | -$9M | -$7M | -67.2% | -124.7% |
| Gross Margin | 14.6% | 26.1% | 25.3% | -11.5pp | -10.7pp |
| Net Margin | -49.4% | -15.9% | -60.1% | -33.5pp | 10.7pp |
| EPS (Diluted) | $-0.39 | $-0.16 | $-0.26 | -143.8% | -50.0% |
| Free Cash Flow | -$27M | -$27M | $2M | -0.9% | -1225.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $2M |
| SG&A Expenses | $10M |
| Other Expenses | $9M |
| Operating Expenses | $13M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $832.0K |
| Other Income/Expenses | $303.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$2M |
| 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 | -$10M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | -$214.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$874.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$890.0K |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $3M |
| Net Receivables | $0 |
| Inventory | $28M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $403M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $133M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $621M |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$38M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$950M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $495M |
| Minority Interest | $0 |
| TOTAL EQUITY | $495M |
| TOTAL LIABILITIES & EQUITY | $621M |
| Total Debt | $53M |
| Net Debt | $12M |
