| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $266M | $206M | -14.4% | 10.6% |
| Op. Income | -$51M | -$24M | -$52M | -111.6% | 1.7% |
| Gross Margin | 66.3% | 70.1% | 62.5% | -3.8pp | 3.8pp |
| Net Margin | -9.1% | -9.6% | -15.7% | 0.4pp | 6.6pp |
| EPS (Diluted) | $-0.13 | $-0.16 | $-0.20 | 18.7% | 36.7% |
| Free Cash Flow | -$9M | -$31M | -$17M | 69.4% | 44.7% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $151M |
| R&D Expenses | $59M |
| Selling & Marketing | $128M |
| General & Administrative | $16M |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $202M |
| Cost & Expenses | $279M |
| OPERATING INCOME | -$51M |
| Interest Income | $242.0K |
| Interest Expense | $6M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $5M |
| EBIT | -$28M |
| EBITDA | -$22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$279.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $512M |
| Short-Term Investments | $0 |
| Net Receivables | $380M |
| Inventory | $0 |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $970M |
| PP&E (Net) | $0 |
| Goodwill | $79M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $448M |
| TOTAL NON-CURRENT ASSETS | $526M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $196M |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $356M |
| Long-Term Debt | $509M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $940M |
| Common Stock | $804.0K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | $360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $556M |
| Minority Interest | $0 |
| TOTAL EQUITY | $556M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $562M |
| Net Debt | $50M |
