| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $461M | $691M | $1.3B | -33.2% | -63.7% |
| Op. Income | -$100M | -$220M | $195M | 54.4% | -151.6% |
| Gross Margin | 72.4% | 74.2% | 79.3% | -1.8pp | -6.9pp |
| Net Margin | -15.1% | -113.1% | -4.6% | 98.1pp | -10.4pp |
| EPS (Diluted) | $-0.12 | $-1.31 | $-0.11 | 91.2% | -9.7% |
| Free Cash Flow | $0 | $0 | $221M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $461M |
| Cost of Revenue | $127M |
| GROSS PROFIT | $334M |
| R&D Expenses | $263M |
| Selling & Marketing | $97M |
| General & Administrative | $75M |
| SG&A Expenses | $171M |
| Other Expenses | $0 |
| Operating Expenses | $434M |
| Cost & Expenses | $562M |
| OPERATING INCOME | -$100M |
| Interest Income | $88M |
| Interest Expense | $67M |
| Other Income/Expenses | $61M |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$70M |
| D&A | $40M |
| EBIT | -$100M |
| EBITDA | -$61M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $71M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $3.5B |
| Net Receivables | $749M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $990M |
| Goodwill | $8.7B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $7.8B |
| Tax Assets | $199M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $19.7B |
| TOTAL ASSETS | $29.0B |
| Account Payables | $654M |
| Short-Term Debt | $6.1B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $521M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $14.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $14.2B |
| TOTAL STOCKHOLDERS' EQUITY | $14.2B |
| Minority Interest | $297M |
| TOTAL EQUITY | $14.5B |
| TOTAL LIABILITIES & EQUITY | $29.0B |
| Total Debt | $10.3B |
| Net Debt | $7.6B |
