| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $1.6B | $11.9B | 95.6% | -73.4% |
| Op. Income | -$2.9B | -$2.5B | $808M | -15.5% | -455.3% |
| Gross Margin | -74.8% | -204.8% | 23.5% | 130.0pp | -98.3pp |
| Net Margin | -75.6% | -127.4% | 3.6% | 51.8pp | -79.2pp |
| EPS (Diluted) | $-4.71 | $-4.82 | $0.96 | 2.3% | -590.6% |
| Free Cash Flow | -$3.2B | -$1.3B | $22M | -145.4% | -14559.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | -$2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $97M |
| General & Administrative | $0 |
| SG&A Expenses | $97M |
| Other Expenses | $401M |
| Operating Expenses | $498M |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | -$2.9B |
| Interest Income | $5M |
| Interest Expense | $340M |
| Other Income/Expenses | -$224M |
| INCOME BEFORE TAX | -$3.1B |
| Income Tax Expense | -$696M |
| Net Income from Continuing Ops | -$2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.4B |
| D&A | $577M |
| EBIT | -$2.8B |
| EBITDA | -$2.2B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2.4B |
| Depreciation & Amortization | $577M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$782M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2.6B |
| Capital Expenditure | -$577M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $850M |
| Sales/Maturities of Investments | $472M |
| Other Investing Activities | $178M |
| NET CASH FROM INVESTING | $923M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$3.2B |
| Net Change in Cash | -$5.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $8.0B |
| Net Receivables | $1.1B |
| Inventory | $1.6B |
| Other Current Assets | $508M |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $40.2B |
| Goodwill | $4.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $50.4B |
| TOTAL ASSETS | $62.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $7.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $29.6B |
| Deferred Revenue NC | $7.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $51.7B |
| TOTAL LIABILITIES | $68.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5.5B |
| TOTAL LIABILITIES & EQUITY | $62.8B |
| Total Debt | $41.2B |
| Net Debt | $41.0B |
