| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $53M | $59M | -23.3% | -30.7% |
| Op. Income | -$7M | -$15M | -$4M | 52.9% | -89.8% |
| Gross Margin | 67.7% | 73.1% | 74.5% | -5.3pp | -6.8pp |
| Net Margin | -20.2% | -30.8% | -7.0% | 10.7pp | -13.2pp |
| EPS (Diluted) | $-0.20 | $-0.42 | $-0.11 | 52.4% | -81.8% |
| Free Cash Flow | -$13M | -$18M | $999.0K | 29.3% | -1367.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $28M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $29.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$7M |
| Interest Income | $263.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$939.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $12.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$127M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$186.0K |
| Common Stock Repurchased | -$547.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $191M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $144M |
| Net Receivables | $23M |
| Inventory | $33M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $292M |
| PP&E (Net) | $33M |
| Goodwill | $235M |
| Intangible Assets | $129M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $366.0K |
| TOTAL NON-CURRENT ASSETS | $412M |
| TOTAL ASSETS | $704M |
| Account Payables | $12M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $249M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $724M |
| Retained Earnings | -$307M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $704M |
| Total Debt | $75M |
| Net Debt | -$14M |
