| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$155M | $27M | $67M | -665.6% | -331.2% |
| Op. Income | -$167M | $14M | $64M | -1293.8% | -359.6% |
| Gross Margin | 104.6% | 76.2% | 86.7% | 28.4pp | 18.0pp |
| Net Margin | 106.5% | 50.4% | 95.9% | 56.1pp | 10.5pp |
| EPS (Diluted) | $-3.52 | $0.29 | $1.37 | -1313.8% | -356.9% |
| Free Cash Flow | -$78M | -$43M | -$12M | -79.6% | -543.3% |
| Item | Amount |
|---|---|
| REVENUE | -$155M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$163M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $5M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$167M |
| Interest Income | $32M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$167M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$165M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$165M |
| D&A | $0 |
| EBIT | -$167M |
| EBITDA | -$167M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$165M |
| Depreciation & Amortization | $161M |
| Stock-Based Compensation | -$78M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$379M |
| Sales/Maturities of Investments | $154M |
| Other Investing Activities | $225M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $163M |
| Common Stock Repurchased | -$506.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $146M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $821.0K |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $699M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $748M |
| TOTAL LIABILITIES | $749M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$737M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $752M |
| Minority Interest | $0 |
| TOTAL EQUITY | $752M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $699M |
| Net Debt | $609M |
