| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $8M | — | 690.9% | — |
| Op. Income | -$122M | -$131M | — | 6.7% | — |
| Gross Margin | 88.5% | 11.2% | — | 77.3pp | — |
| Net Margin | -175.9% | -1480.9% | — | 1305.0pp | — |
| EPS (Diluted) | $-0.31 | $-0.35 | — | 11.4% | — |
| Free Cash Flow | -$43M | -$112M | -$123M | 62.2% | 65.4% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $59M |
| R&D Expenses | $152M |
| Selling & Marketing | $378.0K |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | -$8M |
| Operating Expenses | $181M |
| Cost & Expenses | $188M |
| OPERATING INCOME | -$122M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$117M |
| Income Tax Expense | $148.0K |
| Net Income from Continuing Ops | -$117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $287.0K |
| NET INCOME | -$117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$117M |
| D&A | $8M |
| EBIT | -$115M |
| EBITDA | -$107M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$117M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40.0K |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$282M |
| Sales/Maturities of Investments | $313M |
| Other Investing Activities | $521.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$241.0K |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $955M |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $322M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $355M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $689M |
| TOTAL ASSETS | $3.5B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $162M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $208M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $539M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $168M |
| Net Debt | -$1.6B |
