| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $123M | $102M | 5.6% | 27.0% |
| Op. Income | -$155M | -$33M | -$26M | -368.2% | -488.2% |
| Gross Margin | 69.4% | 75.9% | 74.2% | -6.5pp | -4.7pp |
| Net Margin | -322.6% | -40.1% | -39.2% | -282.5pp | -283.4pp |
| EPS (Diluted) | $-1.58 | $-0.17 | $-0.14 | -829.4% | -1028.6% |
| Free Cash Flow | -$258M | $30M | $16M | -959.5% | -1744.4% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $90M |
| R&D Expenses | $47M |
| Selling & Marketing | $100M |
| General & Administrative | $87M |
| SG&A Expenses | $187M |
| Other Expenses | $11M |
| Operating Expenses | $244M |
| Cost & Expenses | $284M |
| OPERATING INCOME | -$155M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$169M |
| Income Tax Expense | $248M |
| Net Income from Continuing Ops | -$417M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$417M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$417M |
| D&A | $17M |
| EBIT | -$154M |
| EBITDA | -$138M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$417M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $155M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | -$252M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$231.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$436M |
| Common Stock Repurchased | -$92.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $265M |
| NET CASH FROM FINANCING | $414M |
| FREE CASH FLOW | -$258M |
| Net Change in Cash | $154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $356M |
| PP&E (Net) | $25M |
| Goodwill | $1.3B |
| Intangible Assets | $230M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $292M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $381M |
| Long-Term Debt | $570M |
| Deferred Revenue NC | $78M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $665M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $281.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$642M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $886M |
| Minority Interest | $0 |
| TOTAL EQUITY | $886M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $570M |
| Net Debt | $358M |
