| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $215M | $1.6B | $2.1B | -86.5% | -89.8% |
| Op. Income | -$410M | -$334M | $250M | -22.8% | -264.0% |
| Gross Margin | -205.6% | 20.7% | 34.7% | -226.3pp | -240.3pp |
| Net Margin | -148.8% | -16.9% | 8.5% | -132.0pp | -157.3pp |
| EPS (Diluted) | $-1.18 | $-0.97 | $0.59 | -21.6% | -300.0% |
| Free Cash Flow | $32M | -$243M | $242M | 113.2% | -86.8% |
| Item | Amount |
|---|---|
| REVENUE | $215M |
| Cost of Revenue | $657M |
| GROSS PROFIT | -$442M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | -$40M |
| Operating Expenses | -$32M |
| Cost & Expenses | $625M |
| OPERATING INCOME | -$410M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | -$450M |
| Income Tax Expense | -$130M |
| Net Income from Continuing Ops | -$320M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$320M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$320M |
| D&A | $140M |
| EBIT | -$714M |
| EBITDA | -$574M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$320M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$115M |
| Other Non-Cash Items | $370M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$654M |
| Sales/Maturities of Investments | $495M |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$226M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $340M |
| Net Receivables | $85M |
| Inventory | $71M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $9.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $808M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $347M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $492M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $5.6B |
| Net Debt | $3.0B |
