| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.0B | $8.5B | -0.5% | -52.9% |
| Op. Income | -$1.3B | -$2.5B | -$2.5B | 47.7% | 48.4% |
| Gross Margin | -53.8% | -46.1% | 2.8% | -7.7pp | -56.6pp |
| Net Margin | -31.2% | -54.1% | -26.3% | 22.9pp | -4.9pp |
| EPS (Diluted) | $-1.97 | $-3.81 | $-5.26 | 48.3% | 62.5% |
| Free Cash Flow | $132M | -$3.0B | -$1.0B | 104.4% | 113.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | -$2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $151M |
| General & Administrative | $0 |
| SG&A Expenses | $151M |
| Other Expenses | -$992M |
| Operating Expenses | -$841M |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | -$1.3B |
| Interest Income | $4M |
| Interest Expense | $371M |
| Other Income/Expenses | -$258M |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | -$323M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.3B |
| D&A | $574M |
| EBIT | -$1.2B |
| EBITDA | -$628M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.3B |
| Depreciation & Amortization | $478M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $946M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.6B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | -$7.2B |
| Net Debt Issuance | $6.6B |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $7.0B |
| FREE CASH FLOW | $132M |
| Net Change in Cash | $7.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $13.8B |
| Net Receivables | $971M |
| Inventory | $1.7B |
| Other Current Assets | $806M |
| TOTAL CURRENT ASSETS | $18.1B |
| PP&E (Net) | $38.9B |
| Goodwill | $4.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $50.6B |
| TOTAL ASSETS | $68.6B |
| Account Payables | $1.6B |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17.3B |
| Long-Term Debt | $37.2B |
| Deferred Revenue NC | $7.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.2B |
| TOTAL NON-CURRENT LIABILITIES | $59.3B |
| TOTAL LIABILITIES | $76.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $7.0B |
| Retained Earnings | -$7.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$7.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$7.9B |
| TOTAL LIABILITIES & EQUITY | $68.6B |
| Total Debt | $48.0B |
| Net Debt | $47.7B |
