| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $2.2B | $1.5B | -53.5% | -34.0% |
| Op. Income | -$108M | $75M | $18M | -243.6% | -717.1% |
| Gross Margin | 27.7% | 27.2% | 30.4% | 0.4pp | -2.8pp |
| Net Margin | -16.2% | 1.0% | 0.4% | -17.2pp | -16.7pp |
| EPS (Diluted) | $-0.64 | $0.08 | $0.02 | -901.0% | -3955.4% |
| Free Cash Flow | -$56M | $223M | -$684M | -125.0% | 91.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $739M |
| GROSS PROFIT | $282M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $387M |
| Other Expenses | $4M |
| Operating Expenses | $390M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | -$108M |
| Interest Income | $900.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$115M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | -$165M |
| Net Income from Discontinued Ops | -$600.0K |
| Other Adjustments | $0 |
| NET INCOME | -$166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$166M |
| D&A | $22M |
| EBIT | -$107M |
| EBITDA | -$86M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$166M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $45M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $133M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $570M |
| Short-Term Investments | $0 |
| Net Receivables | $87M |
| Inventory | $655M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $963M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $212M |
| Short-Term Debt | $552M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $514M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | $525M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $435M |
| Minority Interest | $0 |
| TOTAL EQUITY | $435M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.3B |
| Net Debt | $725M |
