| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | — | $32M | — | 27.4% |
| Op. Income | $341.4K | — | $5M | — | -92.5% |
| Gross Margin | 8.0% | — | 25.6% | — | -17.6pp |
| Net Margin | 0.2% | — | 12.2% | — | -12.0pp |
| EPS (Diluted) | $0.04 | — | $1.63 | — | -97.7% |
| Free Cash Flow | $462.6K | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $3M |
| R&D Expenses | $630.7K |
| Selling & Marketing | $961.5K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $341.4K |
| Interest Income | $3.0K |
| Interest Expense | $424.5K |
| Other Income/Expenses | -$251.1K |
| INCOME BEFORE TAX | $90.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $90.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87.8K |
| D&A | $176.1K |
| EBIT | $341.4K |
| EBITDA | $517.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $3M |
| R&D Expenses | $630.7K |
| Selling & Marketing | $961.5K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $341.4K |
| Interest Income | $3.0K |
| Interest Expense | $424.5K |
| Other Income/Expenses | -$251.1K |
| INCOME BEFORE TAX | $90.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $90.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87.8K |
| D&A | $176.1K |
| EBIT | $341.4K |
| EBITDA | $517.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87.8K |
| Depreciation & Amortization | $176.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.5K |
| Change in Working Capital | $804.6K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$608.4K |
| Acquisitions (Net) | $48.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$59 |
| NET CASH FROM INVESTING | -$574.0K |
| Net Debt Issuance | -$943.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $462.6K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $7.2K |
| Net Receivables | $30M |
| Inventory | $18M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $922.7K |
| Long-Term Investments | $294.2K |
| Tax Assets | $292.5K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $76M |
| Account Payables | $2M |
| Short-Term Debt | $17M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $32M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44M |
| Minority Interest | $304.8K |
| TOTAL EQUITY | $44M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $17M |
| Net Debt | $16M |
