| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $60M | — | 43.4% | — |
| Op. Income | -$114M | -$95M | — | -20.0% | — |
| Gross Margin | -2.7% | -4.8% | — | 2.1pp | — |
| Net Margin | -24.7% | -157.7% | — | 133.0pp | — |
| EPS (Diluted) | $-0.02 | $-0.11 | — | 77.6% | — |
| Free Cash Flow | -$82M | -$141M | — | 41.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $89M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | -$5M |
| Operating Expenses | $111M |
| Cost & Expenses | $200M |
| OPERATING INCOME | -$114M |
| Interest Income | $2M |
| Interest Expense | $1M |
| Other Income/Expenses | $92M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$167M |
| D&A | $0 |
| EBIT | -$20M |
| EBITDA | -$20M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $145.7K |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | -$76M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $33M |
| Net Receivables | $109M |
| Inventory | $113M |
| Other Current Assets | $271M |
| TOTAL CURRENT ASSETS | $682M |
| PP&E (Net) | $530M |
| Goodwill | $0 |
| Intangible Assets | $127M |
| Long-Term Investments | $146.1K |
| Tax Assets | $23M |
| Other Non-Current Assets | $360.8K |
| TOTAL NON-CURRENT ASSETS | $680M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $231M |
| Short-Term Debt | $49M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $604M |
| Long-Term Debt | $247M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $311M |
| TOTAL LIABILITIES | $915M |
| Common Stock | $9.2K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $448M |
| Minority Interest | $0 |
| TOTAL EQUITY | $448M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $357M |
| Net Debt | $202M |
