| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $53M | $71M | -10.7% | -33.1% |
| Op. Income | -$1M | $14M | $1M | -108.1% | -196.1% |
| Gross Margin | 1.9% | 30.9% | 4.6% | -29.0pp | -2.7pp |
| Net Margin | 32.0% | 35.9% | 5.2% | -3.9pp | 26.8pp |
| EPS (Diluted) | $0.35 | $0.44 | $0.08 | -20.5% | 337.5% |
| Free Cash Flow | $79M | $2M | $14M | 3157.0% | 448.6% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $911.0K |
| R&D Expenses | $768.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$1M |
| Interest Income | $2M |
| Interest Expense | $31.0K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $721.0K |
| Other Non-Cash Items | $530.0K |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $708.0K |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$134M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $62M |
| Net Receivables | $57M |
| Inventory | $42M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $354M |
| PP&E (Net) | $95M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$14M |
| Tax Assets | $14M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $457M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $87M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $133.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $370M |
| Minority Interest | $0 |
| TOTAL EQUITY | $370M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $392.0K |
| Net Debt | -$187M |
