| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $45M | — | 64.8% | — |
| Op. Income | $11M | -$4M | — | 363.8% | — |
| Gross Margin | 36.1% | 25.2% | — | 10.9pp | — |
| Net Margin | -1.2% | -28.9% | — | 27.7pp | — |
| EPS (Diluted) | $-0.01 | $-0.14 | — | 93.3% | — |
| Free Cash Flow | $56M | -$11M | — | 603.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$972.0K |
| Income Tax Expense | -$60.0K |
| Net Income from Continuing Ops | -$912.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$912.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$912.0K |
| D&A | $18M |
| EBIT | $9M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$914.0K |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$392.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$34.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $94.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $311M |
| Goodwill | $41M |
| Intangible Assets | $96M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $472M |
| TOTAL ASSETS | $514M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $333M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $428M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $108M |
| Retained Earnings | $4M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86M |
| Minority Interest | $0 |
| TOTAL EQUITY | $86M |
| TOTAL LIABILITIES & EQUITY | $514M |
| Total Debt | $334M |
| Net Debt | $328M |
