| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $807M | — | $634M | — | 27.4% |
| Op. Income | -$33M | — | -$47M | — | 29.4% |
| Gross Margin | 9.5% | — | 29.0% | — | -19.6pp |
| Net Margin | -11.1% | — | -46.1% | — | 35.0pp |
| EPS (Diluted) | $-0.48 | — | $-1.60 | — | 70.0% |
| Free Cash Flow | -$489M | — | -$677M | — | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $807M |
| Cost of Revenue | $731M |
| GROSS PROFIT | $76M |
| R&D Expenses | $8M |
| Selling & Marketing | $46M |
| General & Administrative | $34M |
| SG&A Expenses | $80M |
| Other Expenses | $22M |
| Operating Expenses | $111M |
| Cost & Expenses | $841M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $75M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $50M |
| EBIT | -$34M |
| EBITDA | $16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$374M |
| OPERATING CASH FLOW | -$446M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | -$240M |
| Sales/Maturities of Investments | -$240M |
| Other Investing Activities | $216M |
| NET CASH FROM INVESTING | -$283M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | -$489M |
| Net Change in Cash | -$760M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $1.3B |
| Net Receivables | $827M |
| Inventory | $2.5B |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $2.0B |
| Goodwill | $0 |
| Intangible Assets | $827M |
| Long-Term Investments | $57M |
| Tax Assets | $124M |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $540M |
| Short-Term Debt | $361M |
| Deferred Revenue | $1.0B |
| Other Current Liabilities | $136M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $311M |
| Deferred Tax Liabilities | $489M |
| Other Non-Current Liabilities | $237M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $37M |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $108M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $4.4B |
| Net Debt | $3.3B |
