| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454M | $462M | $388M | -1.8% | 17.0% |
| Op. Income | -$311M | -$286M | -$305M | -8.5% | -1.9% |
| Gross Margin | 44.9% | 45.2% | 44.5% | -0.4pp | 0.4pp |
| Net Margin | -71.8% | -66.2% | -65.8% | -5.6pp | -6.0pp |
| EPS (Diluted) | $-0.23 | $-0.21 | $-0.19 | -9.5% | -21.1% |
| Free Cash Flow | -$82M | -$5M | -$103M | -1686.5% | 20.4% |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $204M |
| R&D Expenses | $261M |
| Selling & Marketing | $132M |
| General & Administrative | $121M |
| SG&A Expenses | $253M |
| Other Expenses | $0 |
| Operating Expenses | $514M |
| Cost & Expenses | $765M |
| OPERATING INCOME | -$311M |
| Interest Income | $5M |
| Interest Expense | $25M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$327M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$326M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326M |
| D&A | $21M |
| EBIT | -$302M |
| EBITDA | -$281M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$326M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $186M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | -$67M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$932M |
| Sales/Maturities of Investments | $477M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$492M |
| Net Debt Issuance | $989M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | $909M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | $350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $1.6B |
| Net Receivables | $379M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $435M |
| Goodwill | $775M |
| Intangible Assets | $87M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $544M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | -$7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$609.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.9B |
| Net Debt | $695M |
