| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $110M | $117M | 9.2% | 2.4% |
| Op. Income | $1M | -$1M | -$4M | 213.6% | 129.7% |
| Gross Margin | 18.1% | 13.6% | 16.2% | 4.4pp | 1.8pp |
| Net Margin | 0.4% | -1.7% | -5.1% | 2.0pp | 5.4pp |
| EPS (Diluted) | $0.08 | $-0.34 | $-1.12 | 123.8% | 107.1% |
| Free Cash Flow | $5M | -$5M | $2M | 189.0% | 203.5% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $800.0K |
| Other Income/Expenses | -$800.0K |
| INCOME BEFORE TAX | $438.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $438.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $438.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438.0K |
| D&A | $6M |
| EBIT | $1M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $800.0K |
| Other Income/Expenses | -$800.0K |
| INCOME BEFORE TAX | $438.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $438.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $438.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $438.0K |
| D&A | $6M |
| EBIT | $1M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $438.0K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $125.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$21.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$256.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $350M |
| Goodwill | $7M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $361M |
| TOTAL ASSETS | $381M |
| Account Payables | $8M |
| Short-Term Debt | $23M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$30M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $283M |
| TOTAL LIABILITIES | $334M |
| Common Stock | $465.0K |
| Additional Paid-In Capital | $200M |
| Retained Earnings | -$119M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $381M |
| Total Debt | $300M |
| Net Debt | $297M |
