| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $11M | — | -64.0% |
| Op. Income | -$13M | — | -$719.0K | — | -1675.9% |
| Gross Margin | -314.4% | — | 43.3% | — | -357.7pp |
| Net Margin | -304.3% | — | -5.9% | — | -298.4pp |
| EPS (Diluted) | $-0.23 | — | $-0.02 | — | -1288.9% |
| Free Cash Flow | -$13M | — | -$4M | — | -261.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $14M |
| Selling & Marketing | $84.3K |
| General & Administrative | $5M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $208.4K |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$13M |
| Interest Income | $621.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $346.6K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $441.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41.0K |
| Change in Working Capital | -$516.4K |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $168.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$106.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$350.1K |
| NET CASH FROM FINANCING | -$456.7K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $6M |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | $1.2K |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $98.4K |
| Tax Assets | -$98.4K |
| Other Non-Current Assets | $98.4K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $106M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $3M |
| Additional Paid-In Capital | $213M |
| Retained Earnings | -$128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$282.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | $0 |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $5M |
| Net Debt | -$70M |
