| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $33M | $26M | -1.0% | 22.3% |
| Op. Income | -$24M | -$18M | -$18M | -37.2% | -34.0% |
| Gross Margin | 3.9% | 5.0% | 10.2% | -1.1pp | -6.3pp |
| Net Margin | -77.7% | -35.1% | -79.3% | -42.6pp | 1.7pp |
| EPS (Diluted) | $-0.63 | $-0.32 | $-0.62 | -96.9% | -1.6% |
| Free Cash Flow | -$20M | -$15M | -$27M | -32.6% | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $21M |
| Operating Expenses | $26M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$24M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $7M |
| EBIT | -$22M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $213.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $510.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$291.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $133.0K |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $2M |
| Net Receivables | $3M |
| Inventory | $38M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $419M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $110M |
| Tax Assets | $11M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $550M |
| TOTAL ASSETS | $642M |
| Account Payables | $34M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $143M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $0 |
| TOTAL EQUITY | $499M |
| TOTAL LIABILITIES & EQUITY | $642M |
| Total Debt | $57M |
| Net Debt | $10M |
