| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $10M | $12M | 58.9% | 26.1% |
| Op. Income | -$11M | -$9M | -$4M | -23.1% | -156.5% |
| Gross Margin | 73.3% | 66.5% | 73.2% | 6.8pp | 0.1pp |
| Net Margin | -66.4% | -78.1% | -30.7% | 11.7pp | -35.7pp |
| EPS (Diluted) | $-39.22 | $-46.03 | $-42.77 | 14.8% | 8.3% |
| Free Cash Flow | $9M | -$2M | -$8M | 678.3% | 211.2% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $6M |
| SG&A Expenses | $12M |
| Other Expenses | $17.8K |
| Operating Expenses | $22M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$11M |
| Interest Income | $289.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $290.3K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$39 |
| EPS Diluted | -$39 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $43M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $270M |
| NET CASH FROM FINANCING | $270M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $322M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $10M |
| Other Current Assets | $38.4K |
| TOTAL CURRENT ASSETS | $408M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $34.9K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $430M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $38.4K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $19.7K |
| Additional Paid-In Capital | $555M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $430M |
| Total Debt | $8M |
| Net Debt | -$367M |
