| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $21M | $18M | -42.9% | -32.4% |
| Op. Income | -$23M | -$16M | -$8M | -38.8% | -179.0% |
| Gross Margin | 84.0% | 84.6% | 82.8% | -0.6pp | 1.1pp |
| Net Margin | -189.5% | -76.1% | -42.4% | -113.4pp | -147.1pp |
| EPS (Diluted) | $-0.88 | $-0.67 | $-0.32 | -31.3% | -175.0% |
| Free Cash Flow | -$26M | -$15M | -$14M | -70.5% | -85.2% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$23M |
| Interest Income | $248.0K |
| Interest Expense | $526.0K |
| Other Income/Expenses | -$275.0K |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $188.0K |
| EBIT | -$23M |
| EBITDA | -$22M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $244.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$429.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $126M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $31M |
| Net Receivables | $10M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $469.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $271M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40.0K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $453M |
| Retained Earnings | -$219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $154.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $234M |
| Minority Interest | $0 |
| TOTAL EQUITY | $234M |
| TOTAL LIABILITIES & EQUITY | $271M |
| Total Debt | $25M |
| Net Debt | -$186M |
