| Metric | Q4 2012 | Q3 2012 | Q4 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | -4.5% |
| Op. Income | -$3M | — | -$5M | — | 34.8% |
| Gross Margin | 70.0% | — | 90.1% | — | -20.1pp |
| Net Margin | -182.3% | — | -250.6% | — | 68.3pp |
| EPS (Diluted) | $-1.37 | — | $-2.54 | — | 46.1% |
| Free Cash Flow | -$3M | — | -$4M | — | 35.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $498.3K |
| GROSS PROFIT | $1M |
| R&D Expenses | $2M |
| Selling & Marketing | $737.3K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | -$7M |
| Operating Expenses | $4M |
| Cost & Expenses | -$4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $89.3K |
| Other Income/Expenses | -$34.6K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $121.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $121.0K |
| Stock-Based Compensation | $58.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $82.5K |
| Change in Working Capital | $240.7K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$59.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.4K |
| NET CASH FROM INVESTING | -$5.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $195.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $123.0K |
| Other Current Assets | $94.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $37.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $20M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | -$2M |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $22.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22.5K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $25M |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76.7K |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $1M |
| Net Debt | -$14M |
