| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $7M | — | 63.3% | — |
| Op. Income | -$25M | -$20M | — | -23.3% | — |
| Gross Margin | -40.6% | -49.6% | — | 9.0pp | — |
| Net Margin | -225.7% | -287.2% | — | 61.5pp | — |
| EPS (Diluted) | $-0.67 | $-0.69 | — | 2.9% | — |
| Free Cash Flow | -$21M | -$28M | — | 22.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $37M |
| OPERATING INCOME | -$25M |
| Interest Income | $67.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $491.0K |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $491.0K |
| Stock-Based Compensation | $683.0K |
| Deferred Income Tax | $923.0K |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $29.0K |
| NET CASH FROM FINANCING | $27.0K |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $3M |
| Net Receivables | $7M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $185M |
| Account Payables | $3M |
| Short-Term Debt | $29M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $210.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | -$430M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $15M |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $185M |
| Total Debt | $38M |
| Net Debt | -$104M |
