| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $206M | $134M | -38.9% | -6.4% |
| Op. Income | $11M | $45M | $17M | -75.7% | -37.8% |
| Gross Margin | 38.5% | 39.2% | 33.8% | -0.7pp | 4.7pp |
| Net Margin | -37.7% | 33.5% | 7.9% | -71.2pp | -45.6pp |
| EPS (Diluted) | $-0.38 | $0.50 | $0.08 | -176.0% | -575.0% |
| Free Cash Flow | $21M | $36M | $12M | -41.5% | 71.2% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $48M |
| R&D Expenses | $13M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $38M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $11M |
| Interest Income | $282.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $4M |
| EBIT | -$48M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $607M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $31M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $757M |
| PP&E (Net) | $44M |
| Goodwill | $25M |
| Intangible Assets | $28M |
| Long-Term Investments | $47M |
| Tax Assets | $94M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $241M |
| TOTAL ASSETS | $998M |
| Account Payables | $24M |
| Short-Term Debt | $106M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $224M |
| Long-Term Debt | $253M |
| Deferred Revenue NC | $111M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $404M |
| TOTAL LIABILITIES | $628M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $535M |
| Retained Earnings | -$164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $998M |
| Total Debt | $369M |
| Net Debt | -$238M |
