| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $194M | — | 26.3% | — |
| Op. Income | -$81M | $6M | — | -1450.0% | — |
| Gross Margin | -60.4% | -23.2% | — | -37.2pp | — |
| Net Margin | -20.8% | 8.8% | — | -29.6pp | — |
| EPS (Diluted) | $-0.24 | $0.07 | — | -421.3% | — |
| Free Cash Flow | -$162M | -$19M | — | -752.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $393M |
| GROSS PROFIT | -$148M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | -$84M |
| Operating Expenses | -$67M |
| Cost & Expenses | $326M |
| OPERATING INCOME | -$81M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$82M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$51M |
| D&A | $8M |
| EBIT | -$81M |
| EBITDA | -$73M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$51M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $64M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$180M |
| OPERATING CASH FLOW | -$173M |
| Capital Expenditure | $11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $30M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | -$162M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $565M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $23M |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $458M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $109M |
| Short-Term Debt | $116M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $305M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $236M |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $388M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $433M |
| Minority Interest | $0 |
| TOTAL EQUITY | $433M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.6B |
| Net Debt | $1.7B |
