| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $123M | $137M | -3.6% | -13.7% |
| Op. Income | -$45M | $10M | $29M | -537.8% | -255.2% |
| Gross Margin | 14.5% | 18.1% | 30.6% | -3.6pp | -16.1pp |
| Net Margin | -57.6% | -9.4% | 2.8% | -48.2pp | -60.4pp |
| EPS (Diluted) | $-3.76 | $-0.71 | $0.20 | -429.6% | -1980.0% |
| Free Cash Flow | -$39M | -$50M | $20M | 21.8% | -294.8% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$45M |
| Interest Income | $436.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $31M |
| EBIT | -$43M |
| EBITDA | -$12M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $128M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | $151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $7M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $366M |
| PP&E (Net) | $3.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $8M |
| Short-Term Debt | $191M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $269M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$80M |
| Treasury Stock | -$444M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
