| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $290M | — | -69.0% |
| Op. Income | -$58M | — | $38M | — | -252.5% |
| Gross Margin | -56.0% | — | 17.3% | — | -73.3pp |
| Net Margin | -112.1% | — | 19.9% | — | -132.0pp |
| EPS (Diluted) | $-0.18 | — | $0.10 | — | -278.6% |
| Free Cash Flow | $11M | — | $101M | — | -89.5% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $140M |
| GROSS PROFIT | -$50M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $148M |
| OPERATING INCOME | -$58M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$85M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$101M |
| D&A | $78M |
| EBIT | -$58M |
| EBITDA | $20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$101M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $97M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | -$9M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $9M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $122M |
| Short-Term Debt | $4M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $516M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $495M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
