| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $217M | $368M | -40.6% | -64.9% |
| Op. Income | $26M | $97M | $33M | -73.5% | -21.7% |
| Gross Margin | 34.6% | 53.4% | 40.9% | -18.8pp | -6.3pp |
| Net Margin | -40.4% | -443.7% | 0.4% | 403.3pp | -40.8pp |
| EPS (Diluted) | $-0.33 | $-6.15 | $0.01 | 94.7% | -4600.0% |
| Free Cash Flow | -$36M | $33M | $50M | -210.8% | -172.0% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $12M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $83M |
| EBIT | -$20M |
| EBITDA | $63M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$37M |
| Other Non-Cash Items | $142M |
| Change in Working Capital | -$64M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$89M |
| Net Debt Issuance | $103M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $86M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $170M |
| Inventory | $16M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $250M |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $322M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $226M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $269M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $204M |
| Other Non-Current Liabilities | $339M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $753M |
| Minority Interest | $0 |
| TOTAL EQUITY | $753M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
