| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $195M | $189M | 22.7% | 26.2% |
| Op. Income | -$6M | -$24M | -$4M | 75.3% | -37.3% |
| Gross Margin | 26.3% | 21.4% | 30.3% | 4.8pp | -4.0pp |
| Net Margin | -7.3% | -17.6% | -7.1% | 10.3pp | -0.2pp |
| EPS (Diluted) | $-5.65 | $-11.11 | $-4.42 | 49.1% | -27.8% |
| Free Cash Flow | -$23M | -$21M | $22M | -13.7% | -205.8% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | $280.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $245M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $857.0K |
| 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 | -$22M |
| D&A | $10M |
| EBIT | -$7M |
| EBITDA | $3M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$442.0K |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $296M |
| Inventory | $38M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $230M |
| Goodwill | $91M |
| Intangible Assets | $97M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $435M |
| TOTAL ASSETS | $806M |
| Account Payables | $46M |
| Short-Term Debt | $17M |
| Deferred Revenue | $893.0K |
| Other Current Liabilities | $108M |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $423M |
| TOTAL LIABILITIES | $638M |
| Common Stock | $9M |
| Additional Paid-In Capital | $427M |
| Retained Earnings | -$241M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $168M |
| Minority Interest | $0 |
| TOTAL EQUITY | $168M |
| TOTAL LIABILITIES & EQUITY | $806M |
| Total Debt | $427M |
| Net Debt | $409M |
