| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $156M | $118M | -9.4% | 19.7% |
| Op. Income | -$3M | $7M | -$45M | -145.3% | 92.6% |
| Gross Margin | 7.1% | 13.6% | 14.5% | -6.5pp | -7.4pp |
| Net Margin | -48.6% | -20.3% | -57.6% | -28.3pp | 9.0pp |
| EPS (Diluted) | $-2.23 | $-1.03 | $-3.76 | -116.5% | 40.7% |
| Free Cash Flow | $16M | $9M | -$39M | 86.6% | 141.0% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $132M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $145M |
| OPERATING INCOME | -$3M |
| Interest Income | $345.0K |
| Interest Expense | $49M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | -$69M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $44M |
| EBIT | -$20M |
| EBITDA | $24M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$69M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$129.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $237M |
| PP&E (Net) | $4.1B |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $16M |
| Short-Term Debt | $231M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$259M |
| Treasury Stock | -$444M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
