| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $30M | $18M | 19.4% | 98.9% |
| Op. Income | -$979.0K | -$6M | -$21M | 84.3% | 95.3% |
| Gross Margin | 71.5% | 68.6% | 47.7% | 2.9pp | 23.8pp |
| Net Margin | -2.7% | -20.1% | -113.7% | 17.3pp | 110.9pp |
| EPS (Diluted) | $-0.03 | $-0.17 | $-0.54 | 82.4% | 94.4% |
| Free Cash Flow | -$1M | -$6M | -$20M | 78.3% | 93.6% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $15M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$979.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $35.0K |
| INCOME BEFORE TAX | -$944.0K |
| Income Tax Expense | $37.0K |
| Net Income from Continuing Ops | -$981.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$981.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$981.0K |
| D&A | $212.0K |
| EBIT | -$944.0K |
| EBITDA | -$732.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$981.0K |
| Depreciation & Amortization | $212.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $101.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$155.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$598.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$357.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $152.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $43M |
| Net Receivables | $2M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $104M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $126.0K |
| TOTAL NON-CURRENT LIABILITIES | $126.0K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $0 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$160M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $104M |
| Total Debt | $0 |
| Net Debt | -$46M |
