| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $74M | $81M | 2.8% | -6.5% |
| Op. Income | $11M | $4M | $12M | 142.2% | -8.7% |
| Gross Margin | 21.7% | 14.7% | 22.1% | 7.0pp | -0.4pp |
| Net Margin | -3.9% | -10.5% | 0.8% | 6.7pp | -4.6pp |
| EPS (Diluted) | $-0.05 | $-0.14 | $0.01 | 62.7% | -622.0% |
| Free Cash Flow | $16M | $13M | $13M | 29.6% | 28.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $11M |
| Interest Income | $197.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $131.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $19M |
| EBIT | $11M |
| EBITDA | $30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $369.0K |
| Deferred Income Tax | $982.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $1.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $118M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $8M |
| Short-Term Debt | $68M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $807M |
| Deferred Revenue NC | $635M |
| Deferred Tax Liabilities | -$1.4B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $814M |
| TOTAL LIABILITIES | $922M |
| Common Stock | $558.0K |
| Additional Paid-In Capital | $592M |
| Retained Earnings | $350M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$360.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $942M |
| Minority Interest | $0 |
| TOTAL EQUITY | $942M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $874M |
| Net Debt | $817M |
