| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $233M | $172M | -13.0% | 17.8% |
| Op. Income | $5M | $32M | -$13M | -84.3% | 137.7% |
| Gross Margin | 7.2% | 17.7% | -1.9% | -10.5pp | 9.1pp |
| Net Margin | -7.1% | 5.4% | -16.0% | -12.4pp | 8.9pp |
| EPS (Diluted) | $-0.43 | $0.37 | $-0.82 | -216.2% | 47.6% |
| Free Cash Flow | $12M | $46M | $15M | -73.1% | -16.7% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $19.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $5M |
| Interest Income | $221.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $31M |
| EBIT | $4M |
| EBITDA | $35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$126.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $63M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $1.9B |
| Goodwill | $8M |
| Intangible Assets | $10M |
| Long-Term Investments | $26M |
| Tax Assets | $240.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $48M |
| Short-Term Debt | $116M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $492M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $939M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$351M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$659M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $946M |
| Minority Interest | $0 |
| TOTAL EQUITY | $946M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
