| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $133M | $437M | 50.7% | -54.0% |
| Op. Income | -$33M | -$113M | $72M | 70.8% | -145.9% |
| Gross Margin | -24.7% | -55.5% | 26.7% | 30.7pp | -51.4pp |
| Net Margin | -14.5% | -69.8% | 10.1% | 55.3pp | -24.6pp |
| EPS (Diluted) | $-1.82 | $-5.85 | $2.70 | 68.9% | -167.4% |
| Free Cash Flow | -$31M | $134M | -$72M | -123.0% | 57.1% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $251M |
| GROSS PROFIT | -$50M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | -$25M |
| Operating Expenses | -$17M |
| Cost & Expenses | $234M |
| OPERATING INCOME | -$33M |
| Interest Income | $868.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $45M |
| EBIT | -$33M |
| EBITDA | $13M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$215M |
| Sales/Maturities of Investments | $163M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$278.0K |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $442M |
| Net Receivables | $167M |
| Inventory | $26M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $951M |
| PP&E (Net) | $2.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $65M |
| Short-Term Debt | $234M |
| Deferred Revenue | $334M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $777M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $293M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $315M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$648M |
| Accum. Other Comp. Income | $183.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $712M |
| Minority Interest | $0 |
| TOTAL EQUITY | $712M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
