| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $57M | — | 39.5% | — |
| Op. Income | $4M | -$3M | — | 254.7% | — |
| Gross Margin | 11.0% | 2.8% | — | 8.2pp | — |
| Net Margin | 3.8% | -5.0% | — | 8.8pp | — |
| EPS (Diluted) | $0.09 | $-0.22 | — | 139.3% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $9M |
| R&D Expenses | $399.2K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $4M |
| Interest Income | $37.1K |
| Interest Expense | $324.8K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$8M |
| NET INCOME | $3M |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $515.5K |
| EBIT | -$3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $9M |
| R&D Expenses | $399.2K |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $4M |
| Interest Income | $37.1K |
| Interest Expense | $324.8K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$8M |
| NET INCOME | $3M |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $515.5K |
| EBIT | -$3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $188.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $7M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $4M |
| Goodwill | $4M |
| Intangible Assets | $10M |
| Long-Term Investments | $155.6K |
| Tax Assets | $349.1K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $93M |
| Account Payables | $23M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $151M |
| Deferred Tax Liabilities | $330.7K |
| Other Non-Current Liabilities | -$147M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $2.5K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$113M |
| Minority Interest | -$12.4K |
| TOTAL EQUITY | -$113M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $18M |
| Net Debt | $2M |
