| Metric | Q2 2014 | Q1 2014 | Q2 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $2M | — | -28.4% |
| Op. Income | -$6M | — | -$3M | — | -87.5% |
| Gross Margin | 86.9% | — | 93.7% | — | -6.8pp |
| Net Margin | -480.5% | — | -187.9% | — | -292.6pp |
| EPS (Diluted) | $-8.45 | — | $-5.83 | — | -44.9% |
| Free Cash Flow | -$5M | — | -$3M | — | -63.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $154.1K |
| GROSS PROFIT | $1M |
| R&D Expenses | $5M |
| Selling & Marketing | $90.4K |
| General & Administrative | $19.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$6M |
| Interest Income | $9.6K |
| Interest Expense | $4.8K |
| Other Income/Expenses | -$65.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $8.6K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $8.6K |
| Stock-Based Compensation | $471.5K |
| Deferred Income Tax | $285.1K |
| Other Non-Cash Items | $936.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$9.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $107.1K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $34.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31.4K |
| TOTAL NON-CURRENT ASSETS | $65.5K |
| TOTAL ASSETS | $18M |
| Account Payables | $2M |
| Short-Term Debt | $600.1K |
| Deferred Revenue | $28.5K |
| Other Current Liabilities | $301.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $505 |
| TOTAL NON-CURRENT LIABILITIES | $505 |
| TOTAL LIABILITIES | $3M |
| Common Stock | $83M |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | -$83M |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $600.1K |
| Net Debt | -$13M |
