| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $634M | $2.1B | — | -69.6% | — |
| Op. Income | -$47M | -$68M | — | 30.6% | — |
| Gross Margin | 29.0% | 13.4% | — | 15.7pp | — |
| Net Margin | -46.1% | -10.1% | — | -36.0pp | — |
| EPS (Diluted) | $-1.60 | $-1.16 | — | -37.9% | — |
| Free Cash Flow | -$677M | $819M | — | -182.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $634M |
| Cost of Revenue | $450M |
| GROSS PROFIT | $184M |
| R&D Expenses | $6M |
| Selling & Marketing | $47M |
| General & Administrative | $33M |
| SG&A Expenses | $80M |
| Other Expenses | $149M |
| Operating Expenses | $234M |
| Cost & Expenses | $684M |
| OPERATING INCOME | -$47M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | -$108M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | -$291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$292M |
| D&A | $57M |
| EBIT | -$50M |
| EBITDA | $7M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$291M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $132M |
| Other Non-Cash Items | $70M |
| Change in Working Capital | -$562M |
| OPERATING CASH FLOW | -$593M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $345M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | $262M |
| Net Debt Issuance | $445M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | $445M |
| FREE CASH FLOW | -$677M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $60M |
| Net Receivables | $844M |
| Inventory | $2.9B |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $2.1B |
| Goodwill | $0 |
| Intangible Assets | $844M |
| Long-Term Investments | $55M |
| Tax Assets | $94M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $861M |
| Short-Term Debt | $667M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $252M |
| Deferred Tax Liabilities | $492M |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$292M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | $1.9B |
| Other Equity | $37M |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $95M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $3.9B |
| Net Debt | $1.5B |
