| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $96M | $82M | -17.0% | -2.2% |
| Op. Income | -$28M | $10M | $8M | -388.6% | -446.6% |
| Gross Margin | 19.1% | 15.0% | 14.2% | 4.1pp | 4.9pp |
| Net Margin | -42.0% | -5.0% | 4.9% | -37.1pp | -46.9pp |
| EPS (Diluted) | $-0.23 | $-0.03 | $0.03 | -658.3% | -900.0% |
| Free Cash Flow | -$11M | $16M | -$10M | -171.3% | -14.9% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $15M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$28M |
| Interest Income | $797.3K |
| Interest Expense | $4M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $8M |
| EBIT | -$38M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$144.0K |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $19M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $68M |
| Goodwill | $81M |
| Intangible Assets | $0 |
| Long-Term Investments | $195M |
| Tax Assets | $0 |
| Other Non-Current Assets | $956M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $310M |
| TOTAL LIABILITIES | $323M |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $262M |
| Net Debt | $171M |
