| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $3M | $16M | 383.1% | -9.5% |
| Op. Income | $14M | $2M | $11M | 676.9% | 18.4% |
| Gross Margin | 99.8% | 94.7% | 100.0% | 5.2pp | -0.2pp |
| Net Margin | 91.5% | 56.9% | 52.6% | 34.6pp | 38.9pp |
| EPS (Diluted) | $0.33 | $0.05 | $0.55 | 560.0% | -40.0% |
| Free Cash Flow | -$32M | $7M | -$44M | -547.6% | 27.6% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $23.1K |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $200.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | $14M |
| Interest Income | $11M |
| Interest Expense | $23.1K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $23.1K |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $200.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | $14M |
| Interest Income | $11M |
| Interest Expense | $23.1K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$44M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$32M |
| 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 | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$32M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $410M |
| TOTAL NON-CURRENT ASSETS | $410M |
| TOTAL ASSETS | $461M |
| Account Payables | $0 |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54.0K |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $269.4K |
| Additional Paid-In Capital | $401M |
| Retained Earnings | -$13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $388M |
| Minority Interest | $0 |
| TOTAL EQUITY | $388M |
| TOTAL LIABILITIES & EQUITY | $461M |
| Total Debt | $69M |
| Net Debt | $66M |
