| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $207M | $250M | $598M | -17.3% | -65.4% |
| Op. Income | -$115M | -$159M | -$307M | 28.0% | 62.7% |
| Gross Margin | -44.1% | -34.9% | -42.7% | -9.2pp | -1.4pp |
| Net Margin | -54.1% | -60.0% | -43.7% | 5.9pp | -10.4pp |
| EPS (Diluted) | $-0.60 | $-0.81 | $-1.31 | 25.9% | 54.2% |
| Free Cash Flow | $51M | $96M | $151M | -47.6% | -66.4% |
| Item | Amount |
|---|---|
| REVENUE | $207M |
| Cost of Revenue | $299M |
| GROSS PROFIT | -$91M |
| R&D Expenses | $842.0K |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $322M |
| OPERATING INCOME | -$115M |
| Interest Income | $238.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$125M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$112M |
| D&A | $157M |
| EBIT | -$114M |
| EBITDA | $44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$112M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$194.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $0 |
| Net Receivables | $136M |
| Inventory | $34M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $532M |
| PP&E (Net) | $2.9B |
| Goodwill | $0 |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $74M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $263M |
| Long-Term Debt | $967M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $582M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $996M |
| Net Debt | $692M |
