| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $94M | $79M | 4.8% | 25.3% |
| Op. Income | -$16M | -$20M | -$12M | 20.6% | -29.2% |
| Gross Margin | 70.6% | 70.6% | 71.9% | -0.0pp | -1.3pp |
| Net Margin | -21.7% | -24.3% | -17.0% | 2.6pp | -4.7pp |
| EPS (Diluted) | $-0.42 | $-0.46 | $-0.28 | 8.7% | -50.0% |
| Free Cash Flow | -$757.0K | -$10M | -$7M | 92.4% | 88.8% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $70M |
| R&D Expenses | $26M |
| Selling & Marketing | $45M |
| General & Administrative | $14M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $115M |
| OPERATING INCOME | -$16M |
| Interest Income | $208.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $235.0K |
| 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 | $6M |
| EBIT | -$15M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $233.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $442.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | $196M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $196M |
| FREE CASH FLOW | -$757.0K |
| Net Change in Cash | $75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $36M |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $432M |
| PP&E (Net) | $121M |
| Goodwill | $214M |
| Intangible Assets | $48M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $429M |
| TOTAL ASSETS | $860M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $227M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $368M |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $490M |
| TOTAL LIABILITIES | $770M |
| Common Stock | $509.0K |
| Additional Paid-In Capital | $658M |
| Retained Earnings | -$563M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $860M |
| Total Debt | $458M |
| Net Debt | $178M |
