| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $142M | $104M | -16.8% | 13.8% |
| Op. Income | -$32M | -$43M | -$40M | 25.7% | 20.0% |
| Gross Margin | 73.9% | 65.0% | 68.7% | 8.9pp | 5.3pp |
| Net Margin | -31.3% | -30.1% | -45.3% | -1.2pp | 14.0pp |
| EPS (Diluted) | $-0.35 | $-0.41 | $-0.45 | 14.6% | 22.2% |
| Free Cash Flow | -$13M | -$24M | -$30M | 43.7% | 55.0% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $33M |
| SG&A Expenses | $73M |
| Other Expenses | $46M |
| Operating Expenses | $119M |
| Cost & Expenses | $150M |
| OPERATING INCOME | -$32M |
| Interest Income | $827.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$37M |
| Income Tax Expense | $206.0K |
| Net Income from Continuing Ops | -$37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$37M |
| D&A | $9M |
| EBIT | -$31M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$37M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$77.0K |
| NET CASH FROM INVESTING | -$77.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $78M |
| Net Receivables | $66M |
| Inventory | $180.0K |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $395M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $12M |
| Tax Assets | $39M |
| Other Non-Current Assets | $211.0K |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $108M |
| Short-Term Debt | $4M |
| Deferred Revenue | $92M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $184.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $280M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$779M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $27M |
| Net Debt | -$145M |
