| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 1.5% | -19.9% |
| Op. Income | -$18M | -$23M | -$14M | 19.0% | -35.3% |
| Gross Margin | 100.0% | -1101.4% | 100.0% | 1201.4pp | 0.0pp |
| Net Margin | -1013.4% | -1367.3% | -609.9% | 353.9pp | -403.5pp |
| EPS (Diluted) | $-0.85 | $-1.19 | $-0.74 | 28.6% | -14.9% |
| Free Cash Flow | -$25M | -$23M | -$12M | -6.4% | -104.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$18M |
| Interest Income | $86.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $975.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $190.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $190.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$710.0K |
| Other Non-Cash Items | $105.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$15.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $119.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $979.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $6M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $98M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $314M |
| Retained Earnings | -$240M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $98M |
| Total Debt | $6M |
| Net Debt | -$60M |
