Q2 2020 Earnings

Reported June 30, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$2M	—	$0	—	—
Op. Income	-$27M	—	-$17M	—	-58.1%
Gross Margin	108.6%	—	—	—	—
Net Margin	-2355.5%	—	—	—	—
EPS (Diluted)	$-20.61	—	$-0.51	—	-3974.4%

Income Statement

Item	Amount
REVENUE	$2M
Cost of Revenue	$451.0K
GROSS PROFIT	$2M
R&D Expenses	$22M
Selling & Marketing	$0
General & Administrative	$11M
SG&A Expenses	$6M
Other Expenses	$0
Operating Expenses	$28M
Cost & Expenses	$28M
OPERATING INCOME	-$27M
Interest Income	$290.0K
Interest Expense	$54.0K
Other Income/Expenses	-$17M
INCOME BEFORE TAX	-$43M
Income Tax Expense	$121.0K
Net Income from Continuing Ops	-$43M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$43M
D&A	-$21.0K
EBIT	-$9M
EBITDA	-$9M
EPS	-$21
EPS Diluted	-$21