| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $17M | $14M | 12.4% | 42.3% |
| Op. Income | -$32M | -$56M | -$26M | 42.5% | -22.2% |
| Gross Margin | 29.7% | 19.6% | 13.0% | 10.1pp | 16.7pp |
| Net Margin | -164.6% | -324.2% | -191.3% | 159.5pp | 26.7pp |
| EPS (Diluted) | $-0.85 | $-1.69 | $-0.93 | 49.7% | 8.6% |
| Free Cash Flow | -$61M | -$37M | -$25M | -66.1% | -149.8% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $6M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $18.0K |
| Operating Expenses | $38M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$32M |
| Interest Income | $576.0K |
| Interest Expense | $215.0K |
| Other Income/Expenses | $379.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $61.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$31M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$455.0K |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | -$834.0K |
| Common Stock Repurchased | -$390.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | -$61M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $46M |
| Net Receivables | $15M |
| Inventory | $11M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $260M |
| PP&E (Net) | $59M |
| Goodwill | $1M |
| Intangible Assets | $407.0K |
| Long-Term Investments | $579.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $324M |
| Account Payables | $7M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $95.0K |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $0 |
| Additional Paid-In Capital | $670M |
| Retained Earnings | -$406M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $213.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $324M |
| Total Debt | $40M |
| Net Debt | -$144M |
