| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $119M | $128M | 6.2% | -1.6% |
| Op. Income | -$5M | -$11M | -$27M | 50.0% | 80.5% |
| Gross Margin | 50.1% | 48.9% | 35.4% | 1.3pp | 14.7pp |
| Net Margin | -8.1% | -23.8% | -36.0% | 15.7pp | 27.9pp |
| EPS (Diluted) | $-0.15 | $-0.43 | $-0.71 | 65.1% | 78.9% |
| Free Cash Flow | $20M | $33M | $13M | -38.7% | 59.5% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $63M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $815.0K |
| Operating Expenses | $69M |
| Cost & Expenses | $132M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $20M |
| EBIT | -$974.0K |
| EBITDA | $19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$808.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $363.0K |
| Purchases of Investments | -$82.0K |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $79.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $101M |
| Net Receivables | $85M |
| Inventory | $100M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $418M |
| PP&E (Net) | $160M |
| Goodwill | $315M |
| Intangible Assets | $156M |
| Long-Term Investments | $15M |
| Tax Assets | $43M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $695M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $26M |
| Short-Term Debt | $16M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $654M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $734M |
| TOTAL LIABILITIES | $827M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$832M |
| Treasury Stock | -$330.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $0 |
| TOTAL EQUITY | $286M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $732M |
| Net Debt | $611M |
