| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $245M | — | 9.0% | — |
| Op. Income | -$184M | -$81M | — | -127.2% | — |
| Gross Margin | -58.4% | -60.4% | — | 2.0pp | — |
| Net Margin | -47.6% | -20.8% | — | -26.7pp | — |
| EPS (Diluted) | $-0.59 | $-0.24 | — | -145.8% | — |
| Free Cash Flow | -$201M | -$162M | — | -24.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $423M |
| GROSS PROFIT | -$156M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $451M |
| OPERATING INCOME | -$184M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$193M |
| Income Tax Expense | -$66M |
| Net Income from Continuing Ops | -$127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$127M |
| D&A | $10M |
| EBIT | -$183M |
| EBITDA | -$173M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$127M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | -$191M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$201M |
| Net Change in Cash | -$187M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $378M |
| Short-Term Investments | $0 |
| Net Receivables | $215M |
| Inventory | $18M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $2.4B |
| Goodwill | $0 |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $449M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $71M |
| Short-Term Debt | $101M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $318M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $247M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.6B |
| Net Debt | $2.2B |
