| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $55M | $59M | -43.0% | -46.1% |
| Op. Income | -$47M | -$53M | -$6M | 10.3% | -656.4% |
| Gross Margin | 31.3% | 41.2% | 86.6% | -9.9pp | -55.2pp |
| Net Margin | -126.4% | -97.7% | -10.8% | -28.7pp | -115.6pp |
| EPS (Diluted) | $-0.90 | $-1.24 | $-0.17 | 27.4% | -429.4% |
| Free Cash Flow | -$14M | -$14M | $5M | 1.7% | -388.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $10M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$47M |
| Interest Income | $590.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$81.0K |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $9M |
| EBIT | -$45M |
| EBITDA | -$37M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $716.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $242M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$501.0K |
| NET CASH FROM FINANCING | $244M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $128M |
| Net Receivables | $27M |
| Inventory | $21M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $90M |
| Goodwill | $66M |
| Intangible Assets | $370M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $543M |
| TOTAL ASSETS | $996M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $184M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $278M |
| TOTAL LIABILITIES | $333M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $944M |
| Retained Earnings | -$284M |
| Treasury Stock | -$132.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $996M |
| Total Debt | $258M |
| Net Debt | -$9M |
