| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $309M | $366M | $328M | -15.6% | -5.8% |
| Op. Income | -$1.8B | $111M | $98M | -1743.0% | -1955.9% |
| Gross Margin | 45.7% | 80.5% | 82.2% | -34.8pp | -36.5pp |
| Net Margin | -599.7% | 22.9% | 22.6% | -622.6pp | -622.3pp |
| EPS (Diluted) | $-0.13 | $0.38 | $0.34 | -134.2% | -138.2% |
| Free Cash Flow | -$123M | -$7M | -$56M | -1644.8% | -119.7% |
| Item | Amount |
|---|---|
| REVENUE | $309M |
| Cost of Revenue | $168M |
| GROSS PROFIT | $141M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $126M |
| SG&A Expenses | $129M |
| Other Expenses | $1.8B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$1.8B |
| Interest Income | $267M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.8B |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | -$1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.9B |
| D&A | $10M |
| EBIT | -$1.8B |
| EBITDA | -$1.8B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1.9B |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | -$255M |
| OPERATING CASH FLOW | -$119M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $290M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$46M |
| Other Financing Activities | $253M |
| NET CASH FROM FINANCING | $488M |
| FREE CASH FLOW | -$123M |
| Net Change in Cash | $295M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $2.9B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $311M |
| Goodwill | $3M |
| Intangible Assets | $111M |
| Long-Term Investments | $20.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $27.5B |
| Account Payables | $0 |
| Short-Term Debt | $346M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.7B |
| TOTAL CURRENT LIABILITIES | $23.0B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $332M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $25.0B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $168M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $27.5B |
| Total Debt | $2.0B |
| Net Debt | $293M |
