| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $4M | — | 1.3% |
| Op. Income | -$9M | — | -$6M | — | -65.0% |
| Gross Margin | 75.8% | — | -22.4% | — | 98.2pp |
| Net Margin | -253.9% | — | -155.2% | — | -98.7pp |
| EPS (Diluted) | $-0.40 | — | $-0.27 | — | -47.8% |
| Free Cash Flow | -$11M | — | -$8M | — | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $879.4K |
| GROSS PROFIT | $3M |
| R&D Expenses | $16M |
| Selling & Marketing | -$6M |
| General & Administrative | $7M |
| SG&A Expenses | $799.8K |
| Other Expenses | -$4M |
| Operating Expenses | $12M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$9M |
| Interest Income | $281.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $226.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| 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 | $183.8K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $183.8K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$503.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $290.4K |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $2M |
| Goodwill | $87.8K |
| Intangible Assets | $100.7K |
| Long-Term Investments | $331.1K |
| Tax Assets | $558.3K |
| Other Non-Current Assets | $350.6K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $101M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $304.6K |
| Other Current Liabilities | $792.7K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $1.3K |
| Deferred Tax Liabilities | $719.0K |
| Other Non-Current Liabilities | $1.1K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $7M |
| Additional Paid-In Capital | $136M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $101M |
| Total Debt | $8M |
| Net Debt | -$81M |
