| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446M | $492M | $704M | -9.4% | -36.7% |
| Op. Income | -$494M | -$83M | -$23M | -497.4% | -2014.4% |
| Gross Margin | -15.1% | -10.4% | 0.1% | -4.7pp | -15.2pp |
| Net Margin | -97.5% | -17.5% | -4.1% | -80.0pp | -93.4pp |
| EPS (Diluted) | $-2.28 | $-0.44 | $-0.14 | -418.2% | -1528.6% |
| Free Cash Flow | $1M | $48M | $65M | -97.2% | -97.9% |
| Item | Amount |
|---|---|
| REVENUE | $446M |
| Cost of Revenue | $513M |
| GROSS PROFIT | -$67M |
| R&D Expenses | $895.0K |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $395M |
| Operating Expenses | $427M |
| Cost & Expenses | $940M |
| OPERATING INCOME | -$494M |
| Interest Income | $657.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$505M |
| Income Tax Expense | -$70M |
| Net Income from Continuing Ops | -$435M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$435M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$435M |
| D&A | $187M |
| EBIT | -$494M |
| EBITDA | -$307M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$435M |
| Depreciation & Amortization | $187M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$68M |
| Other Non-Cash Items | $395M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $0 |
| Net Receivables | $327M |
| Inventory | $34M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $585M |
| PP&E (Net) | $3.2B |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $140M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $354M |
| Long-Term Debt | $967M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $852M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.0B |
| Net Debt | $850M |
