| Metric | FY 2011 | Prior Q | FY 2010 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $362.5K | — | 212.8% |
| Op. Income | -$259.5K | — | -$358.3K | — | 27.6% |
| Gross Margin | 41.1% | — | 24.2% | — | 16.8pp |
| Net Margin | -47.5% | — | -152.4% | — | 104.9pp |
| EPS (Diluted) | $-1.22 | — | $-2.80 | — | 56.4% |
| Free Cash Flow | -$892.8K | — | -$615.6K | — | -45.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $668.3K |
| GROSS PROFIT | $465.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $719.0K |
| Other Expenses | -$6.0K |
| Operating Expenses | $725.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$259.5K |
| Interest Income | $0 |
| Interest Expense | $167.3K |
| Other Income/Expenses | -$278.7K |
| INCOME BEFORE TAX | -$538.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$538.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$538.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$538.2K |
| D&A | $370.6K |
| EBIT | -$314.6K |
| EBITDA | $56.1K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$538.2K |
| Depreciation & Amortization | $425 |
| Stock-Based Compensation | $179.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $438.7K |
| Change in Working Capital | $29.1K |
| OPERATING CASH FLOW | $109.8K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $366.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $457.3K |
| NET CASH FROM FINANCING | $861.0K |
| FREE CASH FLOW | -$892.8K |
| Net Change in Cash | -$267.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $494.4K |
| Short-Term Investments | $0 |
| Net Receivables | $231.6K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $730.3K |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $322.3K |
| Short-Term Debt | $754.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $876.7K |
| Long-Term Debt | $599.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $599.4K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $15.6K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $1M |
| Net Debt | $887.6K |
