| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $401M | $365M | $275M | 9.9% | 45.7% |
| Op. Income | -$103M | -$93M | -$92M | -10.7% | -11.0% |
| Gross Margin | 50.2% | 50.9% | 51.9% | -0.7pp | -1.7pp |
| Net Margin | -24.9% | -26.0% | -33.7% | 1.1pp | 8.7pp |
| EPS (Diluted) | $-0.71 | $-0.68 | $-0.72 | -4.4% | 1.4% |
| Free Cash Flow | -$17M | $590.0K | -$15M | -3002.9% | -13.4% |
| Item | Amount |
|---|---|
| REVENUE | $401M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $201M |
| R&D Expenses | $121M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $183M |
| Other Expenses | $0 |
| Operating Expenses | $304M |
| Cost & Expenses | $503M |
| OPERATING INCOME | -$103M |
| Interest Income | $8M |
| Interest Expense | $7M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$100M |
| Income Tax Expense | $294.0K |
| Net Income from Continuing Ops | -$100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$100M |
| D&A | $42M |
| EBIT | -$93M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$100M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | -$195.0K |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$348.0K |
| Purchases of Investments | -$216M |
| Sales/Maturities of Investments | $305M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $73M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $59M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $476M |
| Short-Term Investments | $1.4B |
| Net Receivables | $195M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $358M |
| Goodwill | $2.3B |
| Intangible Assets | $425M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $296M |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $673M |
| TOTAL LIABILITIES | $969M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | -$874M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $695M |
| Net Debt | $220M |
