| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $92M | $78M | 5.6% | 25.7% |
| Op. Income | -$32M | -$27M | -$14M | -18.8% | -125.1% |
| Gross Margin | 45.5% | 42.5% | 48.4% | 3.0pp | -2.9pp |
| Net Margin | -39.9% | -36.9% | -22.3% | -3.0pp | -17.6pp |
| EPS (Diluted) | $-0.76 | $-0.70 | $-0.39 | -8.6% | -94.9% |
| Free Cash Flow | -$22M | -$21M | -$13M | -4.5% | -61.6% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $44M |
| R&D Expenses | $24M |
| Selling & Marketing | $16M |
| General & Administrative | $18M |
| SG&A Expenses | $34M |
| Other Expenses | $19M |
| Operating Expenses | $77M |
| Cost & Expenses | $130M |
| OPERATING INCOME | -$32M |
| Interest Income | $265.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $13M |
| EBIT | -$32M |
| EBITDA | -$19M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$103.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$111.0K |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $298M |
| NET CASH FROM FINANCING | $298M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $293M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $376M |
| Short-Term Investments | $13M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $465M |
| PP&E (Net) | $84M |
| Goodwill | $462M |
| Intangible Assets | $204M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $817M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $68M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $436M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $514M |
| TOTAL LIABILITIES | $634M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $964M |
| Retained Earnings | -$317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $647M |
| Minority Interest | $0 |
| TOTAL EQUITY | $647M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $478M |
| Net Debt | $102M |
