| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $120M | $155M | 20.9% | -6.2% |
| Op. Income | -$14M | -$21M | -$4M | 32.3% | -292.0% |
| Gross Margin | 27.7% | 22.2% | 30.2% | 5.5pp | -2.5pp |
| Net Margin | -15.4% | -14.3% | -1.8% | -1.1pp | -13.6pp |
| EPS (Diluted) | $-1.61 | $-1.21 | $-0.18 | -33.1% | -794.4% |
| Free Cash Flow | -$35M | -$17M | -$5M | -108.9% | -598.1% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $25M |
| Operating Expenses | $54M |
| Cost & Expenses | $159M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $169.0K |
| Other Income/Expenses | -$11.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $7M |
| EBIT | -$14M |
| EBITDA | -$7M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $704.0K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | -$31M |
| 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 | $25M |
| Common Stock Repurchased | -$243.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12.0K |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$35M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | -$8M |
| Inventory | $140M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $153M |
| PP&E (Net) | $306M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $944.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $314M |
| TOTAL ASSETS | $466M |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $386M |
| Common Stock | $172M |
| Additional Paid-In Capital | $172M |
| Retained Earnings | -$91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$172M |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $466M |
| Total Debt | $285M |
| Net Debt | $281M |
