| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $808M | $701M | $2.2B | 15.3% | -63.7% |
| Op. Income | -$595M | -$571M | $252M | -4.2% | -336.1% |
| Gross Margin | -26.4% | -40.5% | 27.2% | 14.2pp | -53.6pp |
| Net Margin | -55.3% | -61.5% | 8.1% | 6.2pp | -63.4pp |
| EPS (Diluted) | $-3.47 | $-3.49 | $1.46 | 0.6% | -337.7% |
| Free Cash Flow | -$352M | -$241M | $172M | -46.1% | -304.7% |
| Item | Amount |
|---|---|
| REVENUE | $808M |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | -$213M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $364M |
| Operating Expenses | $382M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$595M |
| Interest Income | $8M |
| Interest Expense | $31M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$643M |
| Income Tax Expense | -$196M |
| Net Income from Continuing Ops | -$447M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$447M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | -$430M |
| D&A | $100M |
| EBIT | -$449M |
| EBITDA | -$349M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$447M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $277M |
| Other Non-Cash Items | $578M |
| Change in Working Capital | -$868M |
| OPERATING CASH FLOW | -$350M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$870M |
| Sales/Maturities of Investments | $798M |
| Other Investing Activities | $248M |
| NET CASH FROM INVESTING | $174M |
| Net Debt Issuance | -$344M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | -$352M |
| Net Change in Cash | -$481M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $2.0B |
| Net Receivables | $480M |
| Inventory | $57M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $7.6B |
| Goodwill | $1.9B |
| Intangible Assets | $107M |
| Long-Term Investments | $20M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $108M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $424M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $1.5B |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $391M |
| Retained Earnings | $3.8B |
| Treasury Stock | -$674M |
| Accum. Other Comp. Income | -$494M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $5.1B |
| Net Debt | $3.7B |
