| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $4.2B | $3.5B | -21.9% | -6.5% |
| Op. Income | -$64M | $680M | -$137M | -109.4% | 53.3% |
| Gross Margin | 34.9% | 46.3% | 38.5% | -11.4pp | -3.6pp |
| Net Margin | 0.2% | 22.0% | -1.4% | -21.8pp | 1.5pp |
| EPS (Diluted) | $0.02 | $2.68 | $-0.14 | -99.1% | 116.7% |
| Free Cash Flow | $241M | $1.6B | -$192M | -85.0% | 225.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $649M |
| Selling & Marketing | $0 |
| General & Administrative | $563M |
| SG&A Expenses | $563M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | -$64M |
| Interest Income | $210M |
| Interest Expense | $110M |
| Other Income/Expenses | -$152M |
| INCOME BEFORE TAX | -$216M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | -$245M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $263M |
| EBIT | -$106M |
| EBITDA | $156M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $218M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $315M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $321M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$201M |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $241M |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $18.1B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $24.1B |
| PP&E (Net) | $3.6B |
| Goodwill | $2.7B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $10.2B |
| Tax Assets | $339M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $19.5B |
| TOTAL ASSETS | $43.7B |
| Account Payables | $4.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $8.7B |
| Deferred Revenue NC | $134M |
| Deferred Tax Liabilities | $464M |
| Other Non-Current Liabilities | $635M |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $18.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.8B |
| Retained Earnings | $18.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$243M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $24.9B |
| TOTAL LIABILITIES & EQUITY | $43.7B |
| Total Debt | $10.9B |
| Net Debt | $7.7B |
