| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $79M | $57M | 16.7% | 61.2% |
| Op. Income | $55M | $33M | $22M | 68.0% | 154.5% |
| Gross Margin | 79.7% | 68.3% | 63.4% | 11.4pp | 16.3pp |
| Net Margin | 44.6% | 31.1% | 28.7% | 13.5pp | 15.9pp |
| EPS (Diluted) | $0.87 | $0.49 | $0.34 | 77.6% | 155.9% |
| Free Cash Flow | -$1.1B | -$872M | -$991M | -26.1% | -11.0% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $55M |
| Interest Income | $68M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $462.0K |
| EBIT | $55M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $55M |
| Interest Income | $68M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $462.0K |
| EBIT | $55M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $462.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | -$1.1B |
| Capital Expenditure | -$442.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$204M |
| Sales/Maturities of Investments | $282M |
| Other Investing Activities | -$640M |
| NET CASH FROM INVESTING | -$562M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $260M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $681M |
| PP&E (Net) | $29M |
| Goodwill | $16M |
| Intangible Assets | $76M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $626M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $708.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $708M |
| Minority Interest | $0 |
| TOTAL EQUITY | $708M |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $1.8B |
| Net Debt | $1.4B |
