| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.9B | — | -3.6% |
| Op. Income | -$364M | — | -$1.7B | — | 78.6% |
| Gross Margin | 19.7% | — | 17.3% | — | 2.4pp |
| Net Margin | -18.1% | — | -69.1% | — | 51.0pp |
| EPS (Diluted) | $-0.64 | — | $-1.21 | — | 47.2% |
| Free Cash Flow | -$333M | — | -$185M | — | -80.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $369M |
| R&D Expenses | $34M |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $641M |
| Operating Expenses | $733M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | -$364M |
| Interest Income | $732.4K |
| Interest Expense | $10M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | -$401M |
| Income Tax Expense | -$56M |
| Net Income from Continuing Ops | -$346M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$339M |
| D&A | $297M |
| EBIT | -$400M |
| EBITDA | -$103M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$339M |
| Depreciation & Amortization | $297M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$56M |
| Other Non-Cash Items | $608M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | $434M |
| Capital Expenditure | -$767M |
| Acquisitions (Net) | $88M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$802M |
| Net Debt Issuance | $471M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | $414M |
| FREE CASH FLOW | -$333M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329M |
| Short-Term Investments | $0 |
| Net Receivables | $959M |
| Inventory | $1.4B |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $24.5B |
| Goodwill | $799M |
| Intangible Assets | $226M |
| Long-Term Investments | $910M |
| Tax Assets | $198M |
| Other Non-Current Assets | $571M |
| TOTAL NON-CURRENT ASSETS | $27.2B |
| TOTAL ASSETS | $30.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $84M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $719M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.1B |
| TOTAL NON-CURRENT LIABILITIES | $12.7B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $177M |
| Retained Earnings | $9.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $181M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.6B |
| Minority Interest | $489M |
| TOTAL EQUITY | $15.1B |
| TOTAL LIABILITIES & EQUITY | $30.2B |
| Total Debt | $5.8B |
| Net Debt | $5.4B |
