| Metric | Q2 2013 | Q1 2013 | Q2 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $979.1K | — | 229.0% |
| Op. Income | -$6M | — | -$4M | — | -47.5% |
| Gross Margin | 1.8% | — | 28.5% | — | -26.8pp |
| Net Margin | -287.0% | — | -323.6% | — | 36.6pp |
| EPS (Diluted) | $-0.50 | — | $-0.21 | — | -138.9% |
| Free Cash Flow | -$3M | — | -$5M | — | 43.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $57.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$6M |
| Interest Income | $15.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$61.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $428.2K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $428.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$208.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $478.7K |
| Inventory | $185.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $1M |
| Goodwill | $87.8K |
| Intangible Assets | $65.5K |
| Long-Term Investments | $525.3K |
| Tax Assets | -$525.3K |
| Other Non-Current Assets | $987.2K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $41M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $895.0K |
| Other Current Liabilities | $182.1K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $56.1K |
| Deferred Tax Liabilities | $483.6K |
| Other Non-Current Liabilities | $483.4K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $6M |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $10M |
| Net Debt | -$24M |
