| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $213M | — | -28.7% | — |
| Op. Income | $2M | $22M | — | -89.3% | — |
| Gross Margin | 32.0% | 33.3% | — | -1.3pp | — |
| Net Margin | 0.2% | 5.4% | — | -5.1pp | — |
| EPS (Diluted) | $0.01 | $0.27 | — | -96.3% | — |
| Free Cash Flow | -$24M | $28M | — | -188.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $311.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $311.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $311.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $311.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $625.0K |
| Deferred Income Tax | $633.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $295.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $251M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $261M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $78M |
| TOTAL ASSETS | $339M |
| Account Payables | $59M |
| Short-Term Debt | $64M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $134M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $422.0K |
| Additional Paid-In Capital | $77M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $339M |
| Total Debt | $199M |
| Net Debt | $196M |
