| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $93M | $93M | -9.9% | -10.1% |
| Op. Income | -$19M | $4M | $16M | -551.4% | -217.7% |
| Gross Margin | 20.9% | 52.7% | 74.2% | -31.9pp | -53.3pp |
| Net Margin | -18.2% | 3.6% | 13.8% | -21.8pp | -32.0pp |
| EPS (Diluted) | $-0.37 | $0.08 | $0.30 | -562.5% | -223.3% |
| Free Cash Flow | $22M | $2M | $18M | 1073.0% | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $14M |
| Operating Expenses | $37M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$19M |
| Interest Income | $64M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $2M |
| EBIT | -$19M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $750.0K |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$197M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$157M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $182M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $217M |
| Short-Term Investments | $1.5B |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $128M |
| Goodwill | $20M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.8B |
| Tax Assets | $16M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.0B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $432M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $830M |
| Minority Interest | $0 |
| TOTAL EQUITY | $830M |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $1.2B |
| Net Debt | $955M |
