| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $28M | $22M | 7.4% | 39.3% |
| Op. Income | -$1M | -$2M | $681.6K | 35.7% | -309.8% |
| Gross Margin | 3.9% | 1.4% | 15.0% | 2.5pp | -11.1pp |
| Net Margin | -2.8% | -5.6% | 1.5% | 2.9pp | -4.3pp |
| EPS (Diluted) | $-0.03 | $-0.06 | $0.01 | 47.1% | -352.3% |
| Free Cash Flow | -$5M | -$3M | -$1M | -80.6% | -277.9% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $170.1K |
| Other Income/Expenses | -$154.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$738.3K |
| Net Income from Continuing Ops | -$846.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$846.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$846.3K |
| D&A | $2M |
| EBIT | -$1M |
| EBITDA | $199.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$846.3K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $61.5K |
| Other Non-Cash Items | $5.9K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$3M |
| 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 | -$17M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $385.8K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $39M |
| Goodwill | $101.4K |
| Intangible Assets | $922.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $79M |
| Account Payables | $10M |
| Short-Term Debt | $4M |
| Deferred Revenue | $757.3K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $78.8K |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $49M |
| Common Stock | $3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $47M |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $27M |
| Net Debt | $21M |
