| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | — | $248M | — | 11.0% |
| Op. Income | -$19M | — | -$53M | — | 64.5% |
| Gross Margin | 38.6% | — | 38.9% | — | -0.3pp |
| Net Margin | -55.3% | — | -253.6% | — | 198.3pp |
| EPS (Diluted) | $-0.61 | — | $-2.55 | — | 76.1% |
| Free Cash Flow | -$22M | — | -$43M | — | 48.4% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $111.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $312M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | -$167M |
| INCOME BEFORE TAX | -$186M |
| Income Tax Expense | -$37M |
| Net Income from Continuing Ops | -$149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$152M |
| D&A | $111M |
| EBIT | -$19M |
| EBITDA | $92M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$152M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $0 |
| Net Receivables | $223M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $462M |
| PP&E (Net) | $8.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $71M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $118M |
| Short-Term Debt | $300M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $271M |
| TOTAL CURRENT LIABILITIES | $735M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $705M |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $391M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $3.9B |
| Net Debt | $3.7B |
