| Metric | Q2 2016 | Q1 2016 | Q2 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | — | 10.7% | — |
| Op. Income | -$238M | -$248M | — | 4.1% | — |
| Gross Margin | 21.6% | 22.0% | — | -0.4pp | — |
| Net Margin | -23.1% | -24.6% | — | 1.5pp | — |
| EPS (Diluted) | $-0.14 | $-0.14 | — | 0.0% | — |
| Free Cash Flow | -$144M | -$466M | — | 69.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $995M |
| GROSS PROFIT | $275M |
| R&D Expenses | $192M |
| Selling & Marketing | $0 |
| General & Administrative | $321M |
| SG&A Expenses | $321M |
| Other Expenses | $0 |
| Operating Expenses | $513M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$238M |
| Interest Income | $2M |
| Interest Expense | $46M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | -$290M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$293M |
| D&A | $183M |
| EBIT | -$243M |
| EBITDA | -$60M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$293M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $159M |
| OPERATING CASH FLOW | $150M |
| Capital Expenditure | -$295M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$320M |
| Net Debt Issuance | $232M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | -$144M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $0 |
| Net Receivables | $179M |
| Inventory | $1.6B |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $6.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $1.1B |
| Short-Term Debt | $627M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $533M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $148.0K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $3.3B |
| Net Debt | $38M |
