| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $275M | $267M | -5.6% | -2.9% |
| Op. Income | -$45M | -$19M | -$22M | -137.9% | -103.7% |
| Gross Margin | 32.2% | 38.6% | 39.0% | -6.4pp | -6.8pp |
| Net Margin | -171.5% | -55.3% | -30.5% | -116.2pp | -141.0pp |
| EPS (Diluted) | $-1.79 | $-0.61 | $-0.33 | -193.4% | -442.4% |
| Free Cash Flow | -$94M | -$22M | -$84M | -323.6% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $118.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $320M |
| OPERATING INCOME | -$45M |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | -$665M |
| INCOME BEFORE TAX | -$710M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$707M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$445M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$445M |
| D&A | $113M |
| EBIT | -$45M |
| EBITDA | $68M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$445M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $317M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63.0K |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$18.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $445M |
| PP&E (Net) | $7.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $58M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $109M |
| Short-Term Debt | $362M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $771M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $41M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $707M |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $121M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $4.0B |
| Net Debt | $3.8B |
