| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $562M | $210M | -68.8% | -16.7% |
| Op. Income | -$53M | $67M | -$23M | -178.9% | -132.0% |
| Gross Margin | 41.7% | 40.5% | 43.0% | 1.2pp | -1.3pp |
| Net Margin | -29.9% | 12.6% | -10.9% | -42.5pp | -19.0pp |
| EPS (Diluted) | $-0.48 | $0.60 | $-0.22 | -180.0% | -118.2% |
| Free Cash Flow | -$93M | $103M | -$30M | -190.7% | -214.8% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $73M |
| R&D Expenses | $50M |
| Selling & Marketing | $51M |
| General & Administrative | $26M |
| SG&A Expenses | $77M |
| Other Expenses | $0 |
| Operating Expenses | $126M |
| Cost & Expenses | $228M |
| OPERATING INCOME | -$53M |
| Interest Income | $874.0K |
| Interest Expense | $374.0K |
| Other Income/Expenses | -$923.0K |
| INCOME BEFORE TAX | -$54M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $10M |
| EBIT | -$54M |
| EBITDA | -$44M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $23.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | -$83M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$667.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | -$93M |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $112M |
| Other Current Assets | $182.0K |
| TOTAL CURRENT ASSETS | $464M |
| PP&E (Net) | $129M |
| Goodwill | $16M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $175M |
| TOTAL ASSETS | $639M |
| Account Payables | $82M |
| Short-Term Debt | $8M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $339M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $542M |
| Retained Earnings | -$190M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $300M |
| Minority Interest | $0 |
| TOTAL EQUITY | $300M |
| TOTAL LIABILITIES & EQUITY | $639M |
| Total Debt | $98M |
| Net Debt | -$185M |
