| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $246M | — | -32.6% | — |
| Op. Income | -$36M | -$25M | — | -41.8% | — |
| Gross Margin | 0.6% | 3.0% | — | -2.3pp | — |
| Net Margin | -23.5% | 1.4% | — | -24.9pp | — |
| EPS (Diluted) | $-1.14 | $0.14 | — | -914.3% | — |
| Free Cash Flow | -$62M | -$75M | — | 17.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $164M |
| GROSS PROFIT | $1M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $201M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $9M |
| EBIT | -$27M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$919.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$62M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $199M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $484M |
| PP&E (Net) | $277M |
| Goodwill | $0 |
| Intangible Assets | $391.0K |
| Long-Term Investments | $527.0K |
| Tax Assets | -$527.0K |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $443M |
| TOTAL ASSETS | $928M |
| Account Payables | $167M |
| Short-Term Debt | $36M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $138M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $528M |
| Common Stock | $0 |
| Additional Paid-In Capital | $450M |
| Retained Earnings | -$47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $393M |
| Minority Interest | $7M |
| TOTAL EQUITY | $400M |
| TOTAL LIABILITIES & EQUITY | $928M |
| Total Debt | $188M |
| Net Debt | $56M |
