| Metric | Q4 2013 | Q3 2013 | Q4 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $979.1K | — | 266.5% |
| Op. Income | -$6M | — | -$5M | — | -23.2% |
| Gross Margin | -22.4% | — | 28.5% | — | -51.0pp |
| Net Margin | -155.2% | — | -323.6% | — | 168.4pp |
| EPS (Diluted) | $-0.27 | — | $-0.20 | — | -35.3% |
| Free Cash Flow | -$8M | — | -$5M | — | -74.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$805.2K |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | -$13M |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$6M |
| Interest Income | $92.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $157.6K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $116.9K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $116.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$72.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$284.3K |
| NET CASH FROM INVESTING | -$356.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $195.6K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $1M |
| Goodwill | $87.8K |
| Intangible Assets | $65.0K |
| Long-Term Investments | $281.3K |
| Tax Assets | $798.0K |
| Other Non-Current Assets | -$234 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $34M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $198.7K |
| Other Current Liabilities | $606.2K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $50.9K |
| Deferred Tax Liabilities | $482.4K |
| Other Non-Current Liabilities | $532.9K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $6M |
| Additional Paid-In Capital | $52M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $364.2K |
| Other Equity | $27M |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $9M |
| Net Debt | -$16M |
