| Metric | Q1 2015 | Q4 2014 | Q1 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $31M | $25M | 9.5% | 32.1% |
| Op. Income | $3M | -$1M | $697.6K | 306.5% | 323.3% |
| Gross Margin | 18.2% | 3.9% | 13.3% | 14.3pp | 4.9pp |
| Net Margin | 3.9% | -2.8% | -0.9% | 6.7pp | 4.9pp |
| EPS (Diluted) | $0.05 | $-0.03 | $-0.01 | 255.0% | 648.9% |
| Free Cash Flow | -$4M | -$5M | $4M | 24.1% | -200.4% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $163.8K |
| Other Income/Expenses | -$153.8K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $163.8K |
| Other Income/Expenses | -$153.8K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $9.9K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$850.5K |
| NET CASH FROM FINANCING | -$850.5K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $673.8K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $39M |
| Goodwill | $101.4K |
| Intangible Assets | $906.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $83M |
| Account Payables | $11M |
| Short-Term Debt | $8M |
| Deferred Revenue | $361.3K |
| Other Current Liabilities | $982.7K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $81.8K |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $47M |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $32M |
| Net Debt | $24M |
