| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $896M | $772M | $854M | 16.0% | 4.9% |
| Op. Income | $9M | $16M | $30M | -39.4% | -68.7% |
| Gross Margin | 13.8% | 17.3% | 15.5% | -3.5pp | -1.7pp |
| Net Margin | 2.1% | 2.0% | 2.8% | 0.0pp | -0.7pp |
| EPS (Diluted) | $0.03 | $0.03 | $0.05 | 17.2% | -25.9% |
| Free Cash Flow | -$106M | -$32M | $73M | -227.3% | -244.9% |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $773M |
| GROSS PROFIT | $124M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $606.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $9M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $773M |
| GROSS PROFIT | $124M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $606.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $8M |
| EBIT | $9M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$106M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $0 |
| Net Receivables | $500M |
| Inventory | $851M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $258M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $55M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $326M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $418M |
| Short-Term Debt | $24M |
| Deferred Revenue | $152M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $708M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $98M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $853M |
| Common Stock | $390M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $696M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$152.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $167.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $54M |
| Net Debt | -$157M |
