| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$146M | $41M | $137M | -453.0% | -206.6% |
| Op. Income | -$186M | -$11M | $89M | -1557.6% | -308.2% |
| Gross Margin | 122.2% | 23.8% | 75.0% | 98.4pp | 47.2pp |
| Net Margin | 127.0% | -27.0% | 65.0% | 154.1pp | 62.0pp |
| EPS (Diluted) | $-0.51 | $-0.03 | $0.24 | -1572.1% | -312.5% |
| Free Cash Flow | -$71M | $189M | $248M | -137.4% | -128.5% |
| Item | Amount |
|---|---|
| REVENUE | -$146M |
| Cost of Revenue | $32M |
| GROSS PROFIT | -$179M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$186M |
| Interest Income | $139M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$186M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$186M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$186M |
| D&A | $0 |
| EBIT | -$186M |
| EBITDA | -$186M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$186M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $124M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$71M |
| 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 | $45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$65M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $63M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.2B |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $368.0K |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $2.2B |
| Net Debt | $2.1B |
