| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $483M | $830M | $879M | -41.8% | -45.0% |
| Op. Income | -$324M | -$14M | $44M | -2204.6% | -836.6% |
| Gross Margin | -5.5% | 24.8% | 30.1% | -30.3pp | -35.6pp |
| Net Margin | -44.7% | -0.9% | 3.6% | -43.8pp | -48.3pp |
| EPS (Diluted) | $-3.00 | $-0.11 | $0.40 | -2627.3% | -850.0% |
| Free Cash Flow | -$54M | $60M | -$28M | -189.6% | -93.9% |
| Item | Amount |
|---|---|
| REVENUE | $483M |
| Cost of Revenue | $509M |
| GROSS PROFIT | -$26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $190M |
| Other Expenses | -$87.0K |
| Operating Expenses | $187M |
| Cost & Expenses | $696M |
| OPERATING INCOME | -$324M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$326M |
| Income Tax Expense | -$110M |
| Net Income from Continuing Ops | -$216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$216M |
| D&A | $23M |
| EBIT | -$324M |
| EBITDA | -$301M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$216M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$109M |
| Other Non-Cash Items | $113M |
| Change in Working Capital | $145M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $203M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | $164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $534M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $949M |
| PP&E (Net) | $1.2B |
| Goodwill | $94M |
| Intangible Assets | $14M |
| Long-Term Investments | $58M |
| Tax Assets | $139M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $283M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $733M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$763M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $975M |
| Additional Paid-In Capital | $975M |
| Retained Earnings | $44M |
| Treasury Stock | -$515M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$975M |
| TOTAL STOCKHOLDERS' EQUITY | $498M |
| Minority Interest | $0 |
| TOTAL EQUITY | $498M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $2.2B |
| Net Debt | $1.9B |
