| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $687M | $365M | -70.8% | -44.9% |
| Op. Income | -$72M | $144M | $24M | -150.1% | -395.1% |
| Gross Margin | 10.2% | 42.1% | 32.9% | -31.9pp | -22.7pp |
| Net Margin | -25.2% | 16.1% | 7.0% | -41.2pp | -32.2pp |
| EPS (Diluted) | $-0.91 | $1.97 | $0.46 | -146.2% | -297.8% |
| Free Cash Flow | -$105M | $129M | -$41M | -181.5% | -157.5% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $180M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $273M |
| OPERATING INCOME | -$72M |
| Interest Income | $143.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $143.0K |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | -$21M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $16M |
| EBIT | -$72M |
| EBITDA | -$56M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | -$4M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $225.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $40.0B |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$40.0B |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $69M |
| Net Receivables | $0 |
| Inventory | $368M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $573M |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $137M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $364M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $879M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $558.0K |
| Additional Paid-In Capital | $303M |
| Retained Earnings | $386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $690M |
| Minority Interest | $0 |
| TOTAL EQUITY | $690M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.0B |
| Net Debt | $934M |
