| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6K | -$2.5K | — | 324.9% | — |
| Op. Income | -$3M | -$2M | — | -28.0% | — |
| Gross Margin | 76.6% | 36.2% | — | 40.4pp | — |
| Net Margin | -50219.0% | 84978.1% | — | -135197.1pp | — |
| EPS (Diluted) | $-1.96 | $-1.54 | — | -27.3% | — |
| Free Cash Flow | -$2M | -$3M | — | 48.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.6K |
| Cost of Revenue | $1.3K |
| GROSS PROFIT | $4.3K |
| R&D Expenses | $888.5K |
| Selling & Marketing | $147.6K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $443.4K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $884 |
| Interest Expense | $0 |
| Other Income/Expenses | $2.4K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2.9K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $443.4K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $443.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.9K |
| Change in Working Capital | $890.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$303.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$124.5K |
| NET CASH FROM INVESTING | -$428.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $775.9K |
| NET CASH FROM FINANCING | $775.9K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $36.5K |
| Other Current Assets | $752.5K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $54.4K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $12M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9M |
| Common Stock | $214.7K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $220.1K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | $955.7K |
