| Metric | FY 2014 | Prior Q | FY 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | — | $55M | — | 37.5% |
| Op. Income | -$63M | — | -$80M | — | 21.6% |
| Gross Margin | 69.8% | — | 88.6% | — | -18.8pp |
| Net Margin | -90.8% | — | -152.3% | — | 61.6pp |
| EPS (Diluted) | $-0.56 | — | $-0.74 | — | 24.3% |
| Free Cash Flow | -$49M | — | -$52M | — | 5.3% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $53M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $116M |
| Cost & Expenses | $138M |
| OPERATING INCOME | -$63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68M |
| D&A | $2M |
| EBIT | -$63M |
| EBITDA | -$61M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$68M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $106.0K |
| OPERATING CASH FLOW | -$48M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$89M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | -$49M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $74M |
| Net Receivables | $9M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $166M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $47M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | -$450M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $166M |
| Total Debt | $50M |
| Net Debt | -$12M |
