| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $100M | $93M | -6.8% | 0.7% |
| Op. Income | -$45M | $16M | $31M | -380.4% | -243.9% |
| Gross Margin | -4.2% | 62.4% | 77.3% | -66.6pp | -81.5pp |
| Net Margin | -35.5% | 13.2% | 28.2% | -48.7pp | -63.7pp |
| EPS (Diluted) | $-0.85 | $0.34 | $0.76 | -350.0% | -211.8% |
| Free Cash Flow | $27M | -$61M | $28M | 143.9% | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $97M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $979.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $18M |
| Operating Expenses | $41M |
| Cost & Expenses | $138M |
| OPERATING INCOME | -$45M |
| Interest Income | $80M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$45M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $697.0K |
| EBIT | -$45M |
| EBITDA | -$44M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $697.0K |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$356M |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | -$328M |
| Common Stock Repurchased | -$31.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $833M |
| NET CASH FROM FINANCING | $494M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $56M |
| Goodwill | $373M |
| Intangible Assets | $10M |
| Long-Term Investments | $8.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $177M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $294M |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $104M |
| Additional Paid-In Capital | $400M |
| Retained Earnings | $692M |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $290M |
| Net Debt | -$61M |
