| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $733M | $661M | $1.6B | 10.9% | -53.8% |
| Op. Income | -$294M | -$454M | -$334M | 35.2% | 12.0% |
| Gross Margin | -30.7% | -25.3% | 20.7% | -5.4pp | -51.4pp |
| Net Margin | -33.7% | -56.4% | -16.9% | 22.7pp | -16.8pp |
| EPS (Diluted) | $-0.78 | $-1.34 | $-0.97 | 41.8% | 19.6% |
| Free Cash Flow | -$40M | -$655M | -$243M | 93.9% | 83.5% |
| Item | Amount |
|---|---|
| REVENUE | $733M |
| Cost of Revenue | $958M |
| GROSS PROFIT | -$225M |
| R&D Expenses | $0 |
| Selling & Marketing | $23M |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $46M |
| Operating Expenses | $69M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | -$294M |
| Interest Income | $4M |
| Interest Expense | $58M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$347M |
| Income Tax Expense | -$100M |
| Net Income from Continuing Ops | -$247M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$247M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$247M |
| D&A | $125M |
| EBIT | -$583M |
| EBITDA | -$458M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$247M |
| Depreciation & Amortization | $125M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$97M |
| Other Non-Cash Items | $87M |
| Change in Working Capital | $301M |
| OPERATING CASH FLOW | $177M |
| Capital Expenditure | -$217M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | -$212M |
| NET CASH FROM INVESTING | $52M |
| Net Debt Issuance | $211M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $212M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | $441M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $867M |
| Net Receivables | $153M |
| Inventory | $68M |
| Other Current Assets | $162M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $9.3B |
| Goodwill | $0 |
| Intangible Assets | $243M |
| Long-Term Investments | $85M |
| Tax Assets | $0 |
| Other Non-Current Assets | $446M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $13.7B |
| Account Payables | $375M |
| Short-Term Debt | $575M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $573M |
| Deferred Tax Liabilities | $826M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $13.7B |
| Total Debt | $5.9B |
| Net Debt | $3.6B |
