| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$313M | $139M | $155M | -325.3% | -302.6% |
| Op. Income | -$311M | $140M | $116M | -321.1% | -367.3% |
| Gross Margin | 110.7% | 77.3% | 78.8% | 33.4pp | 31.9pp |
| Net Margin | 99.7% | 100.8% | 74.0% | -1.1pp | 25.7pp |
| EPS (Diluted) | $-0.79 | $0.36 | $0.49 | -319.4% | -261.2% |
| Free Cash Flow | -$373M | -$376M | -$939M | 0.9% | 60.3% |
| Item | Amount |
|---|---|
| REVENUE | -$313M |
| Cost of Revenue | $34M |
| GROSS PROFIT | -$347M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$42M |
| Operating Expenses | -$37M |
| Cost & Expenses | -$3M |
| OPERATING INCOME | -$311M |
| Interest Income | $198M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$311M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$313M |
| D&A | $0 |
| EBIT | -$311M |
| EBITDA | -$311M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$313M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$140M |
| Change in Working Capital | $79M |
| OPERATING CASH FLOW | -$373M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $595M |
| Common Stock Repurchased | -$48M |
| Common Dividends Paid | -$94M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $439M |
| FREE CASH FLOW | -$373M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $379M |
| Short-Term Investments | $0 |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $476M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $141M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $202M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$447M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $3.6B |
| Net Debt | $3.3B |
