| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $103M | $85M | 4.4% | 25.6% |
| Op. Income | -$11M | -$22M | -$22M | 51.3% | 52.5% |
| Gross Margin | 82.1% | 81.8% | 83.7% | 0.4pp | -1.6pp |
| Net Margin | -11.2% | -22.4% | -25.3% | 11.2pp | 14.2pp |
| EPS (Diluted) | $-0.12 | $-0.23 | $-0.23 | 47.8% | 47.8% |
| Free Cash Flow | $7M | $4M | -$5M | 70.4% | 228.3% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $88M |
| R&D Expenses | $25M |
| Selling & Marketing | $55M |
| General & Administrative | $18M |
| SG&A Expenses | $73M |
| Other Expenses | -$298.0K |
| Operating Expenses | $99M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$11M |
| Interest Income | $455.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $157.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $3M |
| EBIT | -$11M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$41.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $106M |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $76M |
| Goodwill | $54M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $196M |
| TOTAL ASSETS | $576M |
| Account Payables | $429.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $275M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $465M |
| Common Stock | $1M |
| Additional Paid-In Capital | $710M |
| Retained Earnings | -$600M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $149.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $576M |
| Total Debt | $54M |
| Net Debt | -$82M |
