| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $5M | 19.7% | 9.2% |
| Op. Income | -$1M | -$1M | -$2M | -0.3% | 7.0% |
| Gross Margin | 38.7% | 30.6% | 30.6% | 8.1pp | 8.1pp |
| Net Margin | -31.7% | -37.5% | -34.7% | 5.8pp | 2.9pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.03 | -1.2% | 0.6% |
| Free Cash Flow | -$2M | -$876.0K | -$1M | -115.1% | -42.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $588.0K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $72.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $72.0K |
| 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 | $148.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $148.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $51.0K |
| Change in Working Capital | -$704.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $30.0K |
| NET CASH FROM INVESTING | -$30.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $153.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $513.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $922.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67.0K |
| TOTAL NON-CURRENT ASSETS | $989.0K |
| TOTAL ASSETS | $11M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $318.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $13.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $484.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$123M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $108M |
| TOTAL STOCKHOLDERS' EQUITY | -$19M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$19M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $27M |
| Net Debt | $25M |
