| Metric | FY 2013 | Prior Q | FY 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $15M | — | -23.5% |
| Op. Income | -$707.0K | — | -$680.0K | — | -4.0% |
| Gross Margin | 27.6% | — | 24.7% | — | 2.9pp |
| Net Margin | -9.5% | — | -5.0% | — | -4.5pp |
| EPS (Diluted) | $-3.47 | — | $-2.52 | — | -37.7% |
| Free Cash Flow | $161.2K | — | -$1M | — | 111.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $920.0K |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $11 |
| Operating Expenses | $4M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$707.0K |
| Interest Income | $39 |
| Interest Expense | $0 |
| Other Income/Expenses | -$354.4K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $4.0K |
| 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 | $9.8K |
| EBIT | -$706.7K |
| EBITDA | -$696.9K |
| EPS | -$4 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $9.8K |
| Stock-Based Compensation | $35.2K |
| Deferred Income Tax | -$378.9K |
| Other Non-Cash Items | $272.9K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $195.9K |
| Capital Expenditure | -$34.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $40.0K |
| Other Investing Activities | $40.0K |
| NET CASH FROM INVESTING | $5.2K |
| Net Debt Issuance | -$592.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$343.8K |
| FREE CASH FLOW | $161.2K |
| Net Change in Cash | -$140.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55.0K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $225.2K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $51.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $51.0K |
| TOTAL ASSETS | $4M |
| Account Payables | $693.5K |
| Short-Term Debt | $318.3K |
| Deferred Revenue | -$410 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $34M |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $364.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $318.0K |
| Net Debt | $263.0K |
