| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $272M | $272M | $261M | 0.2% | 4.3% |
| Op. Income | -$105M | -$146M | -$1.2B | 28.4% | 91.0% |
| Gross Margin | 60.3% | 63.5% | 59.6% | -3.2pp | 0.6pp |
| Net Margin | -37.0% | -51.9% | -443.8% | 14.9pp | 406.9pp |
| EPS (Diluted) | $-0.17 | $-0.25 | $-2.62 | 32.0% | 93.5% |
| Free Cash Flow | -$41M | $50M | -$58M | -181.2% | 29.2% |
| Item | Amount |
|---|---|
| REVENUE | $272M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $164M |
| R&D Expenses | $137M |
| Selling & Marketing | $86M |
| General & Administrative | $46M |
| SG&A Expenses | $132M |
| Other Expenses | $0 |
| Operating Expenses | $269M |
| Cost & Expenses | $377M |
| OPERATING INCOME | -$105M |
| Interest Income | $4M |
| Interest Expense | $16.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$100M |
| Income Tax Expense | $420.0K |
| Net Income from Continuing Ops | -$101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$101M |
| D&A | $8M |
| EBIT | -$100M |
| EBITDA | -$92M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$101M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$37M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $213M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $158M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$395.0K |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | $121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $867M |
| Short-Term Investments | $839M |
| Net Receivables | $210M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $248M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $291M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $176M |
| TOTAL LIABILITIES | $343M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $151M |
| Net Debt | -$716M |
