| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $2.1B | — | 86.8% | — |
| Op. Income | -$299M | -$189M | — | -58.0% | — |
| Gross Margin | 56.6% | 77.1% | — | -20.5pp | — |
| Net Margin | -5.2% | -5.5% | — | 0.3pp | — |
| EPS (Diluted) | $-0.16 | $-0.09 | — | -75.0% | — |
| Free Cash Flow | $2.2B | $1.2B | — | 79.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $285M |
| Selling & Marketing | $2.1B |
| General & Administrative | $59M |
| SG&A Expenses | $2.2B |
| Other Expenses | $0 |
| Operating Expenses | $2.5B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | -$299M |
| Interest Income | $98M |
| Interest Expense | $41M |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | -$201M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$201M |
| D&A | $24M |
| EBIT | -$299M |
| EBITDA | -$275M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$201M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.2B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$877 |
| NET CASH FROM FINANCING | $6.2B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $4.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $9.4B |
| Net Receivables | $571M |
| Inventory | $251M |
| Other Current Assets | $8.3B |
| TOTAL CURRENT ASSETS | $21.8B |
| PP&E (Net) | $122M |
| Goodwill | $0 |
| Intangible Assets | $187M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $23.2B |
| Account Payables | $8.0B |
| Short-Term Debt | $273M |
| Deferred Revenue | $354M |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $426.4K |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $14.4B |
| Common Stock | $23.2K |
| Additional Paid-In Capital | $12.7B |
| Retained Earnings | -$3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.8B |
| TOTAL LIABILITIES & EQUITY | $23.2B |
| Total Debt | $2.5B |
| Net Debt | -$797M |
