| Metric | Q1 2012 | Q4 2011 | Q1 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | — | $38M | — | 22.7% |
| Op. Income | $252.0K | — | -$1M | — | 124.6% |
| Gross Margin | 51.4% | — | 46.6% | — | 4.8pp |
| Net Margin | -0.1% | — | -2.5% | — | 2.4pp |
| EPS (Diluted) | $-0.00 | — | $-0.01 | — | 94.8% |
| Free Cash Flow | $5M | — | $2M | — | 201.5% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $24M |
| R&D Expenses | $2M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $252.0K |
| Interest Income | $0 |
| Interest Expense | $27.0K |
| Other Income/Expenses | -$27.0K |
| INCOME BEFORE TAX | $225.0K |
| Income Tax Expense | $280.0K |
| Net Income from Continuing Ops | -$55.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55.0K |
| D&A | $1M |
| EBIT | $252.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$55.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $332.0K |
| Deferred Income Tax | $103.0K |
| Other Non-Cash Items | $4.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$145.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $264.0K |
| NET CASH FROM FINANCING | $119.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $430.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $62M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $32.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$60M |
| Treasury Stock | -$519.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$60M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$60M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $58.0K |
| Net Debt | -$32M |
