| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $543M | — | $220M | — | 146.5% |
| Op. Income | -$169M | — | -$471M | — | 64.0% |
| Gross Margin | 8.4% | — | -33.4% | — | 41.8pp |
| Net Margin | -32.5% | — | -219.7% | — | 187.2pp |
| EPS (Diluted) | $-0.17 | — | $-0.47 | — | 64.4% |
| Free Cash Flow | $93M | — | -$444M | — | 120.8% |
| Item | Amount |
|---|---|
| REVENUE | $543M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $46M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | -$1M |
| Operating Expenses | $215M |
| Cost & Expenses | $713M |
| OPERATING INCOME | -$169M |
| Interest Income | $3M |
| Interest Expense | $16M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$172M |
| Income Tax Expense | $294.7K |
| Net Income from Continuing Ops | -$172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$176M |
| Net Income Deductions | -$5M |
| BOTTOM LINE NET INCOME | -$176M |
| D&A | $0 |
| EBIT | -$155M |
| EBITDA | -$155M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$176M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $155M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $34M |
| Net Receivables | $211M |
| Inventory | $150M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $976M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $572M |
| Short-Term Debt | $639M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $291.1K |
| Additional Paid-In Capital | $6.4B |
| Retained Earnings | -$7.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$847M |
| Minority Interest | $904.0K |
| TOTAL EQUITY | -$846M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.9B |
| Net Debt | $398M |
