| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$50M | $30M | $9M | -268.8% | -675.1% |
| Op. Income | -$60M | $20M | -$4M | -407.6% | -1249.2% |
| Gross Margin | 118.0% | 70.0% | -6.1% | 48.0pp | 124.0pp |
| Net Margin | 120.9% | 65.0% | -54.8% | 55.9pp | 175.7pp |
| EPS (Diluted) | $-0.90 | $0.29 | $-0.07 | -410.3% | -1185.7% |
| Free Cash Flow | -$147M | -$71M | -$83M | -106.5% | -78.3% |
| Item | Amount |
|---|---|
| REVENUE | -$50M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$60M |
| Interest Income | $27M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $0 |
| EBIT | -$60M |
| EBITDA | -$60M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | -$147M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $153M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $140M |
| FREE CASH FLOW | -$147M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $200M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $847M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $854M |
| TOTAL LIABILITIES | $870M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $788M |
| Retained Earnings | -$272M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $517M |
| Minority Interest | $0 |
| TOTAL EQUITY | $517M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $847M |
| Net Debt | $822M |
