| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $182M | $202M | $176M | -9.9% | 3.6% |
| Op. Income | -$5M | $5M | -$2M | -196.5% | -125.0% |
| Gross Margin | 2.1% | 7.2% | 3.9% | -5.1pp | -1.7pp |
| Net Margin | -10.9% | -7.1% | -9.9% | -3.8pp | -0.9pp |
| EPS (Diluted) | $-0.59 | $-0.43 | $-0.52 | -37.2% | -13.5% |
| Free Cash Flow | -$2M | $12M | -$17M | -118.3% | 86.9% |
| Item | Amount |
|---|---|
| REVENUE | $182M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $15.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $189M |
| OPERATING INCOME | -$5M |
| Interest Income | $138.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $32M |
| EBIT | -$4M |
| EBITDA | $28M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$665.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$665.0K |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $50M |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $262M |
| PP&E (Net) | $1.9B |
| Goodwill | $8M |
| Intangible Assets | $10M |
| Long-Term Investments | $26M |
| Tax Assets | $82.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $55M |
| Short-Term Debt | $151M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $508M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $948M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$371M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $926M |
| Minority Interest | $0 |
| TOTAL EQUITY | $926M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
