| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $47M | $41M | 5.3% | 21.6% |
| Op. Income | $2M | $252.0K | $3M | 791.7% | -12.9% |
| Gross Margin | 52.0% | 51.4% | 47.5% | 0.7pp | 4.5pp |
| Net Margin | 2.7% | -0.1% | 5.7% | 2.8pp | -3.0pp |
| EPS (Diluted) | $0.01 | $-0.00 | $0.02 | 2600.0% | -44.4% |
| Free Cash Flow | $1M | $5M | $2M | -75.5% | -46.9% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $26M |
| R&D Expenses | $2M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $49.0K |
| Other Income/Expenses | -$49.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $886.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $26M |
| R&D Expenses | $2M |
| Selling & Marketing | $16M |
| General & Administrative | $6M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $49.0K |
| Other Income/Expenses | -$49.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $886.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $347.0K |
| Deferred Income Tax | $710.0K |
| Other Non-Cash Items | $4.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$52.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$548.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $430.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $62M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $121M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$59M |
| Treasury Stock | -$519.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$59M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$59M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $6.0K |
| Net Debt | -$31M |
