| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $259M | $267M | $308M | -2.8% | -16.0% |
| Op. Income | -$82M | $416M | $24M | -119.7% | -442.2% |
| Gross Margin | 57.2% | 172.3% | 57.6% | -115.1pp | -0.4pp |
| Net Margin | -9.8% | 13.1% | -14.4% | -22.9pp | 4.6pp |
| EPS (Diluted) | $-2.84 | $3.90 | $-4.95 | -172.8% | 42.6% |
| Free Cash Flow | $141M | -$66M | $51M | 313.9% | 174.1% |
| Item | Amount |
|---|---|
| REVENUE | $259M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $178M |
| Operating Expenses | $230M |
| Cost & Expenses | $341M |
| OPERATING INCOME | -$82M |
| Interest Income | $5M |
| Interest Expense | $30M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | -$62M |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $4M |
| EBIT | -$82M |
| EBITDA | -$78M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $746.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $131M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$295M |
| Sales/Maturities of Investments | $175M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | -$137M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$199M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | -$176M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $421M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $99M |
| Short-Term Debt | $617M |
| Deferred Revenue | $774.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $810M |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $774.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $813M |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $9.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $553M |
| Retained Earnings | -$117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $430M |
| Minority Interest | $0 |
| TOTAL EQUITY | $430M |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $8.5B |
| Net Debt | $8.3B |
