| Metric | FY 2013 | Prior Q | FY 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | — | $42M | — | 29.5% |
| Op. Income | -$80M | — | -$54M | — | -50.0% |
| Gross Margin | 88.6% | — | 97.4% | — | -8.8pp |
| Net Margin | -152.3% | — | -126.5% | — | -25.8pp |
| EPS (Diluted) | $-0.74 | — | $-0.48 | — | -54.2% |
| Free Cash Flow | -$52M | — | -$66M | — | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $49M |
| R&D Expenses | $97M |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $135M |
| OPERATING INCOME | -$80M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$83M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$83M |
| D&A | $1M |
| EBIT | -$80M |
| EBITDA | -$79M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$83M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $155.8K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.0B |
| NET CASH FROM FINANCING | $25M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $44M |
| Net Receivables | $9M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $102M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $794.8K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $122M |
| Common Stock | $114.5K |
| Additional Paid-In Capital | $362M |
| Retained Earnings | -$382M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$20M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$20M |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $50M |
| Net Debt | $22M |
