| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $985M | $1.3B | 23.4% | -9.7% |
| Op. Income | -$822M | -$316M | -$301M | -160.1% | -173.1% |
| Gross Margin | 24.9% | 24.4% | 19.6% | 0.5pp | 5.2pp |
| Net Margin | -79.5% | 535.9% | -35.7% | -615.4pp | -43.8pp |
| EPS (Diluted) | $-13.80 | $75.41 | $-0.48 | -118.3% | -2775.0% |
| Free Cash Flow | -$10M | -$129M | -$313M | 92.2% | 96.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $913M |
| GROSS PROFIT | $302M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $248M |
| SG&A Expenses | $248M |
| Other Expenses | $843M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$822M |
| Interest Income | $0 |
| Interest Expense | $58M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | -$914M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | -$958M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$966M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$966M |
| D&A | $157M |
| EBIT | -$856M |
| EBITDA | -$699M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$958M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $815M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $670M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.0B |
| Other Current Assets | $496M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.6B |
| Goodwill | $72M |
| Intangible Assets | $928M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $237M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $544M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $627M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $509M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$992M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $44M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.2B |
| Net Debt | $1.5B |
