| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $239M | $219M | -17.2% | -9.7% |
| Op. Income | -$72M | -$6M | $2M | -1105.0% | -3244.4% |
| Gross Margin | 21.6% | 26.3% | 27.3% | -4.7pp | -5.8pp |
| Net Margin | -46.1% | -7.3% | -4.1% | -38.8pp | -41.9pp |
| EPS (Diluted) | $-29.43 | $-5.65 | $-2.96 | -420.9% | -894.3% |
| Free Cash Flow | -$4M | -$23M | -$11M | 82.0% | 62.6% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $115M |
| Operating Expenses | $115M |
| Cost & Expenses | $270M |
| OPERATING INCOME | -$72M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$83M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | -$736.0K |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $8M |
| EBIT | -$18M |
| EBITDA | -$10M |
| EPS | -$29 |
| EPS Diluted | -$29 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $105.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$723.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $246M |
| Inventory | $37M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $321M |
| PP&E (Net) | $224M |
| Goodwill | $34M |
| Intangible Assets | $93M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $685M |
| Account Payables | $49M |
| Short-Term Debt | $17M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $358M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $428M |
| TOTAL LIABILITIES | $610M |
| Common Stock | $9M |
| Additional Paid-In Capital | $428M |
| Retained Earnings | -$333M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75M |
| Minority Interest | $0 |
| TOTAL EQUITY | $75M |
| TOTAL LIABILITIES & EQUITY | $685M |
| Total Debt | $432M |
| Net Debt | $415M |
