| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $749.0K | $1M | $2M | -26.1% | -54.0% |
| Op. Income | -$20M | -$21M | -$33M | 4.5% | 40.5% |
| Gross Margin | 100.0% | -1559.3% | 100.0% | 1659.3pp | 0.0pp |
| Net Margin | -2608.0% | -1994.9% | -1981.2% | -613.1pp | -626.8pp |
| EPS (Diluted) | $-14.06 | $-14.62 | $-23.55 | 3.8% | 40.3% |
| Free Cash Flow | -$14M | -$31M | -$26M | 53.3% | 45.5% |
| Item | Amount |
|---|---|
| REVENUE | $749.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $749.0K |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$20M |
| Interest Income | $138.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $138.0K |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $613.0K |
| EBIT | -$20M |
| EBITDA | -$19M |
| EPS | -$14 |
| EPS Diluted | -$14 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $600.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $512.0K |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$75.0K |
| Acquisitions (Net) | $10.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $751.0K |
| Inventory | $0 |
| Other Current Assets | $89.0K |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $128M |
| Account Payables | $3M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $0 |
| Additional Paid-In Capital | $192M |
| Retained Earnings | -$125M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $53M |
| Net Debt | -$4M |
