| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $57M | $39M | -16.4% | 23.4% |
| Op. Income | $11M | $26M | $14M | -59.6% | -21.9% |
| Gross Margin | 54.9% | 68.4% | 61.8% | -13.5pp | -6.9pp |
| Net Margin | 25.0% | 42.3% | 32.8% | -17.3pp | -7.7pp |
| EPS (Diluted) | $0.16 | $0.35 | $0.19 | -54.3% | -15.8% |
| Free Cash Flow | $28M | $12M | $17M | 139.7% | 64.0% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $12M |
| Operating Expenses | $16M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $11M |
| Interest Income | $24M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $895.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $12M |
| Operating Expenses | $16M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $11M |
| Interest Income | $24M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $895.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $895.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | $270M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $282M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $370M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $542M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $556M |
| Tax Assets | $0 |
| Other Non-Current Assets | $640M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $52M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $733.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$199M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.7B |
| Net Debt | $1.2B |
