| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | — | $23M | — | -22.9% |
| Op. Income | -$4M | — | -$3M | — | -30.3% |
| Gross Margin | 7.4% | — | 8.4% | — | -1.0pp |
| Net Margin | -25.3% | — | -9.5% | — | -15.8pp |
| EPS (Diluted) | $-0.28 | — | $-0.13 | — | -108.3% |
| Free Cash Flow | -$518.0K | — | $7M | — | -107.3% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | -$6M |
| General & Administrative | $8M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $262.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $470.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | -$411.0K |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $199.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$127.0K |
| Capital Expenditure | -$391.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $818.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $619.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$592.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$518.0K |
| Net Change in Cash | $241.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $18M |
| Net Receivables | $8M |
| Inventory | $11M |
| Other Current Assets | $758.0K |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | -$11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $101M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $691.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $691.0K |
| Other Non-Current Liabilities | -$691.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $53M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $26M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $5M |
| TOTAL STOCKHOLDERS' EQUITY | $90M |
| Minority Interest | $0 |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $101M |
| Total Debt | $0 |
| Net Debt | -$23M |
