| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$518M | $295M | $287M | -275.6% | -280.5% |
| Op. Income | -$609M | $207M | $218M | -394.2% | -379.4% |
| Gross Margin | 114.1% | 76.3% | 78.4% | 37.8pp | 35.7pp |
| Net Margin | 118.1% | 69.2% | 74.6% | 49.0pp | 43.6pp |
| EPS (Diluted) | $-1.42 | $0.48 | $0.50 | -395.8% | -384.0% |
| Free Cash Flow | $765M | $124M | $90M | 516.9% | 750.0% |
| Item | Amount |
|---|---|
| REVENUE | -$518M |
| Cost of Revenue | $73M |
| GROSS PROFIT | -$591M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $9M |
| Operating Expenses | $18M |
| Cost & Expenses | $91M |
| OPERATING INCOME | -$609M |
| Interest Income | $298M |
| Interest Expense | $73M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$609M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$612M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$612M |
| D&A | $0 |
| EBIT | -$609M |
| EBITDA | -$609M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$612M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $810M |
| Change in Working Capital | $567M |
| OPERATING CASH FLOW | $765M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$750M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$172M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $924M |
| FREE CASH FLOW | $765M |
| Net Change in Cash | $939M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $460M |
| Short-Term Investments | $0 |
| Net Receivables | $134M |
| Inventory | $0 |
| Other Current Assets | $655M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $94M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $14.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $14.6B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $25M |
| Short-Term Debt | $99M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $655M |
| TOTAL NON-CURRENT LIABILITIES | $8.9B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.7B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.6B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $8.4B |
| Net Debt | $7.9B |
