| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $72M | $56M | -40.3% | -23.1% |
| Op. Income | -$39M | -$20M | -$10M | -98.2% | -280.4% |
| Gross Margin | 76.6% | 79.0% | 73.1% | -2.4pp | 3.5pp |
| Net Margin | -93.6% | -29.4% | -19.5% | -64.2pp | -74.1pp |
| EPS (Diluted) | $-0.41 | $-0.22 | $-0.70 | -86.4% | 41.4% |
| Free Cash Flow | -$36M | -$11M | -$9M | -240.3% | -300.3% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $33M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $322.0K |
| Operating Expenses | $72M |
| Cost & Expenses | $82M |
| OPERATING INCOME | -$39M |
| Interest Income | $125.0K |
| Interest Expense | $306.0K |
| Other Income/Expenses | -$325.0K |
| INCOME BEFORE TAX | -$40M |
| Income Tax Expense | $422.0K |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $4M |
| EBIT | -$39M |
| EBITDA | -$35M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $0 |
| Net Receivables | $23M |
| Inventory | $22M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $452M |
| PP&E (Net) | $99M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $583M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $715M |
| Retained Earnings | -$324M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $314.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $391M |
| Minority Interest | $0 |
| TOTAL EQUITY | $391M |
| TOTAL LIABILITIES & EQUITY | $583M |
| Total Debt | $59M |
| Net Debt | -$281M |
