| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $126M | $173M | 73.1% | 26.3% |
| Op. Income | $88M | $12M | $38M | 627.3% | 134.7% |
| Gross Margin | 43.9% | 23.3% | 26.4% | 20.6pp | 17.5pp |
| Net Margin | 31.1% | 9.3% | 10.2% | 21.8pp | 20.9pp |
| EPS (Diluted) | $0.17 | $0.03 | $0.04 | 466.7% | 325.0% |
| Free Cash Flow | $76M | -$5M | $2M | 1620.0% | 4650.0% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $44M |
| EBIT | $87M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $2M |
| Operating Expenses | $8M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $44M |
| EBIT | $87M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$800.0K |
| Change in Working Capital | $800.0K |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $40M |
| Net Receivables | $0 |
| Inventory | $136M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $511M |
| PP&E (Net) | $3.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $116M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $228M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $559M |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $620M |
| TOTAL LIABILITIES | $847M |
| Common Stock | $3.7B |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $100M |
| Net Debt | -$174M |
