| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $216M | $142M | -40.0% | -9.0% |
| Op. Income | -$13M | $19M | -$2M | -166.5% | -683.2% |
| Gross Margin | 27.9% | 34.4% | 31.8% | -6.4pp | -3.9pp |
| Net Margin | -6.9% | 6.5% | -0.6% | -13.4pp | -6.3pp |
| EPS (Diluted) | $-0.62 | $0.95 | $-0.06 | -165.3% | -1011.1% |
| Free Cash Flow | -$23M | $39M | -$19M | -158.7% | -21.4% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $22M |
| Operating Expenses | $49M |
| Cost & Expenses | $142M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $70.0K |
| Other Income/Expenses | $258.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $560.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $68.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $90M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $331M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $343M |
| TOTAL ASSETS | $475M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $170M |
| Additional Paid-In Capital | $170M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$170M |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $475M |
| Total Debt | $280M |
| Net Debt | $248M |
