| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $12M | $6M | -12.7% | 76.0% |
| Op. Income | -$45M | -$51M | -$42M | 11.6% | -8.2% |
| Gross Margin | 58.9% | 77.8% | 79.5% | -19.0pp | -20.6pp |
| Net Margin | -485.7% | -464.0% | -908.7% | -21.7pp | 423.0pp |
| EPS (Diluted) | $-9.56 | $-10.47 | $-11.45 | 8.7% | 16.5% |
| Free Cash Flow | -$56M | -$40M | -$52M | -42.5% | -9.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $3M |
| Selling & Marketing | $30M |
| General & Administrative | $19M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $56M |
| OPERATING INCOME | -$45M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $1M |
| EBIT | -$45M |
| EBITDA | -$44M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$56M |
| Capital Expenditure | -$399.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$394.0K |
| NET CASH FROM INVESTING | -$399.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $94.0K |
| NET CASH FROM FINANCING | $94.0K |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $10M |
| Other Current Assets | $275.4K |
| TOTAL CURRENT ASSETS | $149M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $446.9K |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $206M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35.0K |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $272.3K |
| Additional Paid-In Capital | $710M |
| Retained Earnings | -$804M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$94M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$94M |
| TOTAL LIABILITIES & EQUITY | $206M |
| Total Debt | $255M |
| Net Debt | $141M |
