| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | -$129M | $227M | 311.2% | 19.7% |
| Op. Income | $74M | -$229M | $258M | 132.3% | -71.3% |
| Gross Margin | 94.8% | 111.6% | 95.9% | -16.8pp | -1.1pp |
| Net Margin | -20.2% | 287.6% | 25.8% | -307.7pp | -46.0pp |
| EPS (Diluted) | $-1.10 | $-6.24 | $0.64 | 82.4% | -271.9% |
| Free Cash Flow | $438M | -$419M | -$85M | 204.3% | 615.5% |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $198M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$129M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $36.0K |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $0 |
| EBIT | $74M |
| EBITDA | $74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $150M |
| Change in Working Capital | $343M |
| OPERATING CASH FLOW | $438M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$132M |
| Sales/Maturities of Investments | $390M |
| Other Investing Activities | $125M |
| NET CASH FROM INVESTING | $383M |
| Net Debt Issuance | -$635M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$780M |
| FREE CASH FLOW | $438M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | -$392M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $18.4B |
| Account Payables | $0 |
| Short-Term Debt | $6.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $382M |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$8.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $538M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $14.7B |
| Net Debt | $14.4B |
