| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $130M | $134M | -7.5% | -10.5% |
| Op. Income | -$21M | -$13M | -$9M | -65.2% | -133.9% |
| Gross Margin | 22.2% | 27.9% | 27.5% | -5.8pp | -5.3pp |
| Net Margin | -14.3% | -6.9% | -5.0% | -7.4pp | -9.3pp |
| EPS (Diluted) | $-1.21 | $-0.62 | $-0.43 | -95.2% | -181.4% |
| Free Cash Flow | -$17M | -$23M | -$22M | 27.1% | 22.5% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $20M |
| Operating Expenses | $48M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$21M |
| Interest Income | $0 |
| Interest Expense | $68.0K |
| Other Income/Expenses | $158.0K |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $7M |
| EBIT | -$21M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $731.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $108M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $322M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $469M |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $139M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $228M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $171M |
| Additional Paid-In Capital | $171M |
| Retained Earnings | -$68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$171M |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $469M |
| Total Debt | $272M |
| Net Debt | $258M |
