| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $51M | $299M | 114.5% | -63.6% |
| Op. Income | -$56M | -$81M | $6M | 30.9% | -962.3% |
| Gross Margin | 83.6% | 82.9% | 82.6% | 0.7pp | 1.0pp |
| Net Margin | -44.1% | -115.3% | 0.2% | 71.2pp | -44.2pp |
| EPS (Diluted) | $-1.01 | $-1.24 | $0.02 | 18.5% | -5150.0% |
| Free Cash Flow | -$27M | -$39M | $6M | 29.2% | -549.7% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $108M |
| Operating Expenses | $147M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$56M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$65M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$48M |
| D&A | $34M |
| EBIT | -$57M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$48M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $82.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$172M |
| Common Stock Repurchased | -$229.0K |
| Common Dividends Paid | -$272.0K |
| Other Financing Activities | -$810.0K |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$216M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $27M |
| Other Current Assets | -$5M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $1.9B |
| Goodwill | $273M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $562M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $605.0K |
| Additional Paid-In Capital | $530M |
| Retained Earnings | $283M |
| Treasury Stock | -$596M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $207M |
| Minority Interest | $0 |
| TOTAL EQUITY | $207M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
