| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $956M | $867M | -64.5% | -60.9% |
| Op. Income | -$487M | -$414M | -$673M | -17.7% | 27.6% |
| Gross Margin | 25.9% | 43.2% | 27.3% | -17.3pp | -1.4pp |
| Net Margin | -128.8% | -41.7% | -74.3% | -87.2pp | -54.5pp |
| EPS (Diluted) | $-1.41 | $-1.31 | $-2.23 | -7.6% | 36.8% |
| Free Cash Flow | -$773M | -$241M | -$28M | -220.4% | -2678.0% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $251M |
| GROSS PROFIT | $88M |
| R&D Expenses | $203M |
| Selling & Marketing | $52M |
| General & Administrative | $222M |
| SG&A Expenses | $274M |
| Other Expenses | $99M |
| Operating Expenses | $575M |
| Cost & Expenses | $827M |
| OPERATING INCOME | -$487M |
| Interest Income | $11M |
| Interest Expense | $7M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$482M |
| Income Tax Expense | -$45M |
| Net Income from Continuing Ops | -$437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$437M |
| D&A | $44M |
| EBIT | -$475M |
| EBITDA | -$431M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$437M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $120M |
| Change in Working Capital | -$433M |
| OPERATING CASH FLOW | -$752M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | $93M |
| Net Debt Issuance | $710M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$144M |
| NET CASH FROM FINANCING | $585M |
| FREE CASH FLOW | -$773M |
| Net Change in Cash | $244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $841M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $651M |
| Goodwill | $183M |
| Intangible Assets | $80M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $48M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $623M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $938M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$6.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.0B |
| Net Debt | $163M |
