| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $57M | -1.4% | -64.0% |
| Op. Income | -$26M | -$17M | $4M | -54.8% | -811.8% |
| Gross Margin | 74.6% | 93.3% | 96.3% | -18.7pp | -21.7pp |
| Net Margin | -167.3% | 197.1% | -23.8% | -364.4pp | -143.5pp |
| EPS (Diluted) | $-21.00 | $30.60 | $-12.60 | -168.6% | -66.7% |
| Free Cash Flow | -$20M | -$25M | $21M | 19.8% | -196.1% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $15M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $11M |
| Operating Expenses | $41M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | -$9M |
| 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 | $5M |
| EBIT | -$42M |
| EBITDA | -$37M |
| EPS | -$21 |
| EPS Diluted | -$21 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $58M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | -$268M |
| Common Stock Repurchased | -$569.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $178M |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $25M |
| Other Current Assets | $100.0K |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $7M |
| Goodwill | $14M |
| Intangible Assets | $180M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $210M |
| TOTAL ASSETS | $346M |
| Account Payables | $29M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $92M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $261M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $478M |
| Retained Earnings | -$393M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $346M |
| Total Debt | $102M |
| Net Debt | $43M |
