| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $278M | $422M | -78.8% | -86.0% |
| Op. Income | -$164M | -$27M | $66M | -507.4% | -348.5% |
| Gross Margin | 83.1% | 93.2% | 93.6% | -10.1pp | -10.6pp |
| Net Margin | -259.3% | -5.8% | 8.1% | -253.6pp | -267.4pp |
| EPS (Diluted) | $-1.14 | $-0.12 | $0.24 | -850.0% | -575.0% |
| Free Cash Flow | -$94M | -$90M | $160M | -4.4% | -158.8% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $54M |
| General & Administrative | $43M |
| SG&A Expenses | $97M |
| Other Expenses | $116M |
| Operating Expenses | $213M |
| Cost & Expenses | $223M |
| OPERATING INCOME | -$164M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | -$179M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | -$153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$153M |
| D&A | $32M |
| EBIT | -$172M |
| EBITDA | -$140M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$153M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$78M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $698M |
| Short-Term Investments | $0 |
| Net Receivables | $129M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $853M |
| PP&E (Net) | $322M |
| Goodwill | $837M |
| Intangible Assets | $95M |
| Long-Term Investments | $41M |
| Tax Assets | $6M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $700M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $509M |
| Treasury Stock | -$722M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $912M |
| Minority Interest | $0 |
| TOTAL EQUITY | $912M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $725M |
| Net Debt | $27M |
