| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $4M | -35.5% | -55.3% |
| Op. Income | -$97M | -$86M | -$60M | -13.3% | -60.8% |
| Gross Margin | -4327.4% | -2484.9% | -1264.9% | -1842.5pp | -3062.6pp |
| Net Margin | -6610.9% | -2845.7% | -1834.4% | -3765.2pp | -4776.4pp |
| EPS (Diluted) | $-2.30 | $-1.54 | $-1.46 | -49.2% | -57.6% |
| Free Cash Flow | -$72M | -$85M | -$7M | 15.7% | -891.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $74M |
| GROSS PROFIT | -$73M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | -$74M |
| Operating Expenses | $24M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$97M |
| Interest Income | $100.5K |
| Interest Expense | $12M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$111M |
| Income Tax Expense | -$123.9K |
| Net Income from Continuing Ops | -$111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$111M |
| D&A | $3M |
| EBIT | -$99M |
| EBITDA | -$97M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$111M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$123.9K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$273M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$363.6K |
| NET CASH FROM INVESTING | -$279M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | -$343M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $270M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $575M |
| PP&E (Net) | $58M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $655M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $98M |
| Common Stock | $8M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$900M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $558M |
| Minority Interest | $0 |
| TOTAL EQUITY | $558M |
| TOTAL LIABILITIES & EQUITY | $655M |
| Total Debt | $41M |
| Net Debt | -$240M |
