| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $80M | $47M | 12.9% | 91.0% |
| Op. Income | -$41M | -$26M | -$12M | -57.6% | -236.9% |
| Gross Margin | 45.2% | 43.5% | 32.9% | 1.6pp | 12.3pp |
| Net Margin | -41.4% | -31.3% | -27.1% | -10.1pp | -14.2pp |
| EPS (Diluted) | $-0.34 | $-0.22 | $-0.11 | -51.3% | -198.7% |
| Free Cash Flow | $0 | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $41M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$41M |
| Interest Income | $0 |
| Interest Expense | $61.7K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $1.3K |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$38M |
| D&A | $0 |
| EBIT | -$37M |
| EBITDA | -$37M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$38M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $243M |
| Net Receivables | $35M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $327M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $342M |
| Account Payables | $24M |
| Short-Term Debt | $128M |
| Deferred Revenue | $104M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $346M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $697.8K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $353M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$11M |
| TOTAL STOCKHOLDERS' EQUITY | -$11M |
| Minority Interest | $216.4K |
| TOTAL EQUITY | -$10M |
| TOTAL LIABILITIES & EQUITY | $342M |
| Total Debt | $134M |
| Net Debt | $116M |
