| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $22M | 0.4% | -5.2% |
| Op. Income | -$37M | -$35M | -$16M | -6.6% | -129.2% |
| Gross Margin | 76.6% | 74.4% | 74.1% | 2.1pp | 2.5pp |
| Net Margin | -159.8% | -150.2% | -70.7% | -9.6pp | -89.0pp |
| EPS (Diluted) | $-0.26 | $-0.25 | $-0.13 | -4.0% | -100.0% |
| Free Cash Flow | -$33M | -$35M | -$17M | 3.6% | -90.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $16M |
| R&D Expenses | $26M |
| Selling & Marketing | $14M |
| General & Administrative | $12M |
| SG&A Expenses | $27M |
| Other Expenses | $423.0K |
| Operating Expenses | $53M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$37M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$35M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $2M |
| EBIT | -$37M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $177M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365M |
| Short-Term Investments | $205M |
| Net Receivables | $8M |
| Inventory | $11M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $600M |
| PP&E (Net) | $64M |
| Goodwill | $119M |
| Intangible Assets | $11M |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $255M |
| TOTAL ASSETS | $855M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $76M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $187M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $325M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $958M |
| Retained Earnings | -$430M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $530M |
| Minority Interest | $0 |
| TOTAL EQUITY | $530M |
| TOTAL LIABILITIES & EQUITY | $855M |
| Total Debt | $46M |
| Net Debt | -$320M |
