| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $956M | $1.1B | 86.4% | 67.3% |
| Op. Income | -$240M | -$643M | -$218M | 62.7% | -10.0% |
| Gross Margin | 78.2% | 72.0% | 78.1% | 6.1pp | 0.0pp |
| Net Margin | -7.4% | -63.0% | -13.8% | 55.6pp | 6.4pp |
| EPS (Diluted) | $-0.11 | $-0.52 | $-0.13 | 78.7% | 13.6% |
| Free Cash Flow | $803M | -$83M | $605M | 1069.1% | 32.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $389M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $243M |
| Selling & Marketing | $1.3B |
| General & Administrative | $58M |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | -$240M |
| Interest Income | $122M |
| Interest Expense | $24M |
| Other Income/Expenses | $108M |
| INCOME BEFORE TAX | -$131M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$131M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$131M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$131M |
| D&A | $23M |
| EBIT | -$240M |
| EBITDA | -$216M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$131M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $134M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $801M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $803M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $803M |
| Net Change in Cash | $611M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $615M |
| Short-Term Investments | $6.5B |
| Net Receivables | $418M |
| Inventory | $0 |
| Other Current Assets | $4.9B |
| TOTAL CURRENT ASSETS | $12.5B |
| PP&E (Net) | $82M |
| Goodwill | $0 |
| Intangible Assets | $249M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $446M |
| TOTAL NON-CURRENT ASSETS | $777M |
| TOTAL ASSETS | $13.3B |
| Account Payables | $4.7B |
| Short-Term Debt | $402M |
| Deferred Revenue | $110M |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $814M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $880M |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $22.4K |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | -$3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $262M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $1.3B |
| Net Debt | $683M |
