| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $9M | 11.9% | 9.4% |
| Op. Income | -$8M | -$11M | -$11M | 29.6% | 30.4% |
| Gross Margin | 83.9% | 77.0% | 78.6% | 6.9pp | 5.3pp |
| Net Margin | -82.0% | -130.5% | -128.2% | 48.6pp | 46.2pp |
| EPS (Diluted) | $-10.17 | $-14.48 | $-1.91 | 29.8% | -432.5% |
| Free Cash Flow | -$8M | -$12M | -$14M | 30.7% | 41.7% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $13M |
| SG&A Expenses | $16M |
| Other Expenses | -$46.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$8M |
| Interest Income | $1.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $18.2K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$521.1K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $13.5K |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $462.1K |
| EBIT | -$8M |
| EBITDA | $4M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $462.1K |
| Stock-Based Compensation | $416.5K |
| Deferred Income Tax | -$540.2K |
| Other Non-Cash Items | $416.5K |
| Change in Working Capital | -$869.1K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$178.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.8K |
| NET CASH FROM INVESTING | -$174.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $20M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $187M |
| TOTAL LIABILITIES | $254M |
| Common Stock | $125M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$234M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$681.5K |
| Other Equity | $681.1K |
| TOTAL STOCKHOLDERS' EQUITY | -$234M |
| Minority Interest | $43.0K |
| TOTAL EQUITY | -$234M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $0 |
| Net Debt | -$2M |
