Q2 2020 Earnings

Reported June 29, 2020

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q2 2020	Q1 2020	Q2 2019	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$5M	-$4M	—	-19.6%	—
EPS (Diluted)	$-0.40	$-0.38	—	-5.3%	—
Free Cash Flow	-$3M	-$7M	—	57.5%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$52.0K
GROSS PROFIT	-$52.0K
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1M
Other Expenses	$0
Operating Expenses	$5M
Cost & Expenses	$5M
OPERATING INCOME	-$5M
Interest Income	$0
Interest Expense	$3.0K
Other Income/Expenses	-$3.0K
INCOME BEFORE TAX	-$5M
Income Tax Expense	$0
Net Income from Continuing Ops	-$5M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$5M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$5M
D&A	$52.0K
EBIT	-$5M
EBITDA	-$5M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$5M
Depreciation & Amortization	$52.0K
Stock-Based Compensation	$163.0K
Deferred Income Tax	$0
Other Non-Cash Items	$544.0K
Change in Working Capital	$1M
OPERATING CASH FLOW	-$3M
Capital Expenditure	-$2.0K
Acquisitions (Net)	-$197
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$197.0K
NET CASH FROM INVESTING	-$199.0K
Net Debt Issuance	$556.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$556.0K
FREE CASH FLOW	-$3M
Net Change in Cash	-$2M