| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $292M | $306M | -39.2% | -41.8% |
| Op. Income | -$105M | -$29M | $55M | -265.9% | -292.0% |
| Gross Margin | -35.5% | 1.1% | 29.2% | -36.6pp | -64.7pp |
| Net Margin | -40.8% | -7.9% | 14.6% | -32.9pp | -55.4pp |
| EPS (Diluted) | $-2.90 | $-0.93 | $1.74 | -211.8% | -266.7% |
| Free Cash Flow | -$10M | $33M | -$1M | -129.2% | -633.0% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $241M |
| GROSS PROFIT | -$63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $42M |
| Operating Expenses | $42M |
| Cost & Expenses | $283M |
| OPERATING INCOME | -$105M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$105M |
| Income Tax Expense | -$32M |
| Net Income from Continuing Ops | -$73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$73M |
| D&A | $2M |
| EBIT | -$105M |
| EBITDA | -$103M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$73M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $99M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $2.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $175.0K |
| Net Receivables | $363M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $484M |
| PP&E (Net) | $123M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $145M |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $616M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $833M |
| Minority Interest | $0 |
| TOTAL EQUITY | $833M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $0 |
| Net Debt | -$121M |
