| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $267M | $544M | 1.5% | -50.2% |
| Op. Income | -$92M | -$184M | -$106M | 50.0% | 13.2% |
| Gross Margin | -71.6% | -58.4% | -7.5% | -13.2pp | -64.0pp |
| Net Margin | -33.6% | -47.6% | -11.8% | 14.0pp | -21.8pp |
| EPS (Diluted) | $-0.42 | $-0.59 | $-0.30 | 28.8% | -40.0% |
| Free Cash Flow | $27M | -$201M | -$191M | 113.4% | 114.1% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $465M |
| GROSS PROFIT | -$194M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$119M |
| Operating Expenses | -$102M |
| Cost & Expenses | $363M |
| OPERATING INCOME | -$92M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$22M |
| Net Income from Continuing Ops | -$91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$91M |
| D&A | $8M |
| EBIT | -$92M |
| EBITDA | -$84M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$91M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $429M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $20M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $462M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $79M |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $526M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $242M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.7B |
| Net Debt | $2.2B |
