| Metric | Q4 2011 | Q3 2011 | Q4 2010 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55.8K | — | $76.8K | — | -27.4% |
| Op. Income | -$2M | — | -$2M | — | -28.1% |
| Gross Margin | -155.7% | — | 100.0% | — | -255.7pp |
| Net Margin | -4119.0% | — | -2282.2% | — | -1836.8pp |
| EPS (Diluted) | $-5.57 | — | $-4.63 | — | -20.4% |
| Free Cash Flow | -$2M | — | -$2M | — | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $55.8K |
| Cost of Revenue | $142.6K |
| GROSS PROFIT | -$86.9K |
| R&D Expenses | $832.3K |
| Selling & Marketing | $39.5K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $11.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1.3K |
| Other Income/Expenses | -$55.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1.3K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $11.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $108.2K |
| Change in Working Capital | $549.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$4.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$955 |
| NET CASH FROM INVESTING | -$5.8K |
| Net Debt Issuance | $124.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $5.2K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $29.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.0K |
| TOTAL NON-CURRENT ASSETS | $56.3K |
| TOTAL ASSETS | $6M |
| Account Payables | $222.4K |
| Short-Term Debt | $206.9K |
| Deferred Revenue | -$429.3K |
| Other Current Liabilities | $278.7K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1K |
| TOTAL NON-CURRENT LIABILITIES | $3.1K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $0 |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $206.9K |
| Net Debt | -$6M |
