| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $86M | $66M | 236.9% | 342.5% |
| Op. Income | -$255M | -$114M | -$111M | -123.9% | -129.0% |
| Gross Margin | 4.6% | -2.7% | -10.1% | 7.3pp | 14.7pp |
| Net Margin | -57.7% | -24.7% | -172.6% | -33.0pp | 114.9pp |
| EPS (Diluted) | $-0.39 | $-0.02 | $-0.13 | -1458.8% | -194.4% |
| Free Cash Flow | $69M | -$82M | -$289M | 183.5% | 123.8% |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $13M |
| R&D Expenses | $93M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $176M |
| Other Expenses | -$502.6K |
| Operating Expenses | $268M |
| Cost & Expenses | $546M |
| OPERATING INCOME | -$255M |
| Interest Income | $3M |
| Interest Expense | $573.6K |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | -$168M |
| Income Tax Expense | $877 |
| Net Income from Continuing Ops | -$168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$296M |
| D&A | $0 |
| EBIT | -$167M |
| EBITDA | -$167M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$168M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $206M |
| Change in Working Capital | -$82M |
| OPERATING CASH FLOW | $109M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$825M |
| NET CASH FROM INVESTING | -$866M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.6B |
| NET CASH FROM FINANCING | $2.6B |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $843M |
| Net Receivables | $140M |
| Inventory | $126M |
| Other Current Assets | $502M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $513M |
| Goodwill | $0 |
| Intangible Assets | $125M |
| Long-Term Investments | $146.1K |
| Tax Assets | $15M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $663M |
| TOTAL ASSETS | $4.1B |
| Account Payables | $510M |
| Short-Term Debt | $41M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $382M |
| TOTAL CURRENT LIABILITIES | $867M |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $312M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $13.7K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $344M |
| Net Debt | -$1.4B |
