| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $89M | $91M | 8.6% | 5.9% |
| Op. Income | $7M | $3M | $6M | 125.6% | 23.1% |
| Gross Margin | 11.8% | 10.7% | 11.6% | 1.1pp | 0.2pp |
| Net Margin | -6.3% | -5.8% | -7.6% | -0.5pp | 1.4pp |
| EPS (Diluted) | $0.00 | $-0.18 | $-0.25 | 100.0% | 100.0% |
| Free Cash Flow | $4M | $15M | $8M | -71.2% | -44.4% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | -$89M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $297.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $20M |
| EBIT | $7M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $272.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$88.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | -$84M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$21M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $919.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$855M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $6M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
