| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $653M | $830M | -6.7% | -26.6% |
| Op. Income | -$68M | -$59M | -$14M | -15.7% | -382.3% |
| Gross Margin | 22.2% | 25.4% | 24.8% | -3.2pp | -2.7pp |
| Net Margin | -22.0% | -6.2% | -0.9% | -15.8pp | -21.1pp |
| EPS (Diluted) | $-1.85 | $-0.56 | $-0.11 | -230.4% | -1581.8% |
| Free Cash Flow | -$52M | -$31M | $60M | -64.0% | -185.5% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $132M |
| General & Administrative | $64M |
| SG&A Expenses | $196M |
| Other Expenses | $681.0K |
| Operating Expenses | $202M |
| Cost & Expenses | $676M |
| OPERATING INCOME | -$68M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$76M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | -$134M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$134M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$134M |
| D&A | $22M |
| EBIT | -$67M |
| EBITDA | -$45M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$134M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $214M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$158M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$699.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $196M |
| Inventory | $473M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $781M |
| PP&E (Net) | $997M |
| Goodwill | $94M |
| Intangible Assets | $16M |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $245M |
| Short-Term Debt | $63M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $753M |
| Long-Term Debt | $950M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$647M |
| TOTAL NON-CURRENT LIABILITIES | $981M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $990M |
| Additional Paid-In Capital | $990M |
| Retained Earnings | -$229M |
| Treasury Stock | -$515M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$990M |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
