| Metric | FY 2020 | Prior Q | FY 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $510M | — | $264M | — | 92.7% |
| Op. Income | -$108M | — | -$102M | — | -6.1% |
| Gross Margin | 66.2% | — | 58.9% | — | 7.3pp |
| Net Margin | -22.1% | — | -45.6% | — | 23.5pp |
| EPS (Diluted) | $-0.44 | — | $-0.47 | — | 6.4% |
| Free Cash Flow | -$100M | — | -$114M | — | 12.1% |
| Item | Amount |
|---|---|
| REVENUE | $510M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $337M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $121M |
| SG&A Expenses | $146M |
| Other Expenses | $299M |
| Operating Expenses | $445M |
| Cost & Expenses | $617M |
| OPERATING INCOME | -$108M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$112M |
| Income Tax Expense | $376.0K |
| Net Income from Continuing Ops | -$113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$126M |
| D&A | $9M |
| EBIT | -$80M |
| EBITDA | -$70M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$113M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $385.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$232M |
| NET CASH FROM INVESTING | -$253M |
| Net Debt Issuance | $326M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $302M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $48M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $917M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $816M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$447M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$302.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$367M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$367M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $917M |
| Net Debt | $650M |
