| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $204M | $199M | $163M | 2.3% | 24.7% |
| Op. Income | -$14M | -$14M | -$16M | 3.4% | 13.4% |
| Gross Margin | 81.0% | 80.8% | 80.9% | 0.2pp | 0.0pp |
| Net Margin | -14.4% | -8.9% | -10.6% | -5.5pp | -3.8pp |
| EPS (Diluted) | $-0.67 | $-0.41 | $-0.41 | -63.4% | -63.4% |
| Free Cash Flow | -$48M | $7M | $3M | -770.3% | -1508.7% |
| Item | Amount |
|---|---|
| REVENUE | $204M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $165M |
| R&D Expenses | $49M |
| Selling & Marketing | $103M |
| General & Administrative | $26M |
| SG&A Expenses | $129M |
| Other Expenses | $0 |
| Operating Expenses | $178M |
| Cost & Expenses | $217M |
| OPERATING INCOME | -$14M |
| Interest Income | $2M |
| Interest Expense | $17M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $9M |
| EBIT | -$12M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$165.0K |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$528M |
| Sales/Maturities of Investments | $338M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$204M |
| Net Debt Issuance | $201M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $208M |
| FREE CASH FLOW | -$48M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $935M |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $360M |
| Goodwill | $30M |
| Intangible Assets | $31M |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $515M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $238M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $333M |
| Long-Term Debt | $468M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $754M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$445M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $461.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $723M |
| Minority Interest | $0 |
| TOTAL EQUITY | $723M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $773M |
| Net Debt | $571M |
