| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $140M | $121M | -6.5% | 8.1% |
| Op. Income | $3M | $19M | $6M | -82.5% | -43.3% |
| Gross Margin | 17.7% | 27.9% | 31.1% | -10.1pp | -13.4pp |
| Net Margin | -8.8% | 14.3% | -2.3% | -23.1pp | -6.5pp |
| EPS (Diluted) | $-0.04 | $0.06 | $-0.01 | -159.1% | -306.3% |
| Free Cash Flow | -$54M | $13M | -$7M | -530.7% | -626.0% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $23M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | -$20M |
| Operating Expenses | $20M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $0 |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $262M |
| Short-Term Investments | $61M |
| Net Receivables | $150M |
| Inventory | $12M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $521M |
| PP&E (Net) | $309M |
| Goodwill | $291M |
| Intangible Assets | $128M |
| Long-Term Investments | $63M |
| Tax Assets | $37M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $871M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $44M |
| Short-Term Debt | $7M |
| Deferred Revenue | $91M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $212M |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $623M |
| TOTAL LIABILITIES | $835M |
| Common Stock | $177M |
| Additional Paid-In Capital | $923M |
| Retained Earnings | -$507M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $557M |
| Minority Interest | $0 |
| TOTAL EQUITY | $557M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $573M |
| Net Debt | $310M |
