| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $113M | $116M | -1.8% | -3.9% |
| Op. Income | -$8M | $203.0K | $2M | -4092.6% | -577.9% |
| Gross Margin | 27.6% | 34.2% | 34.1% | -6.6pp | -6.5pp |
| Net Margin | -18.7% | -11.1% | -9.6% | -7.6pp | -9.1pp |
| EPS (Diluted) | $-10.25 | $-6.21 | $-5.57 | -65.1% | -84.0% |
| Free Cash Flow | -$8M | -$3M | $5M | -210.7% | -272.7% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $1.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$8M |
| Interest Income | $59.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $124.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $16M |
| EBIT | -$8M |
| EBITDA | $8M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $898.0K |
| Deferred Income Tax | $666.0K |
| Other Non-Cash Items | -$964.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$477.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $37M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $152.0K |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $4M |
| Short-Term Debt | $126M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $606.0K |
| TOTAL CURRENT LIABILITIES | $229M |
| Long-Term Debt | $837M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $320.0K |
| Additional Paid-In Capital | $189M |
| Retained Earnings | -$183M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
