| Metric | Q3 2014 | Q2 2014 | Q3 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | — | 8.7% | — |
| Op. Income | -$1M | -$2M | — | 46.3% | — |
| Gross Margin | 30.1% | 29.6% | — | 0.5pp | — |
| Net Margin | -33.3% | -66.6% | — | 33.3pp | — |
| EPS (Diluted) | $-0.03 | $-0.05 | — | 45.6% | — |
| Free Cash Flow | -$2M | -$1M | — | -27.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $428.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $1.0K |
| Interest Expense | $44.0K |
| Other Income/Expenses | -$37.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $174.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $174.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9.0K |
| Change in Working Capital | -$424.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | -$25.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$877.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $6M |
| Other Current Assets | $393.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $77.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $153.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $61.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $464.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $105M |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $20M |
| Net Debt | $20M |
