| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | — | 13.6% | — |
| Op. Income | -$2M | -$1M | — | -21.1% | — |
| Gross Margin | 30.6% | 30.1% | — | 0.5pp | — |
| Net Margin | -34.7% | -33.3% | — | -1.3pp | — |
| EPS (Diluted) | $-0.03 | $-0.03 | — | -18.1% | — |
| Free Cash Flow | -$1M | -$2M | — | 27.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $1M |
| R&D Expenses | $552.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $58.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $8.0K |
| 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 | $170.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $170.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | -$118.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$12.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $667.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $313.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $183.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $76.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $476.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $106M |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $22M |
| Net Debt | $21M |
