| Metric | Q4 2013 | Q3 2013 | Q4 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $18M | 3.8% | 17.7% |
| Op. Income | $7M | $9M | $7M | -23.2% | -8.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 16.3% | 23.2% | 20.4% | -6.9pp | -4.1pp |
| EPS (Diluted) | $0.28 | $0.38 | $0.30 | -26.3% | -6.7% |
| Free Cash Flow | -$82M | -$62M | -$317M | -31.0% | 74.2% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $7M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $347.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $7M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $347.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $347.0K |
| Stock-Based Compensation | $978.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $5M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$5M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $604M |
| TOTAL NON-CURRENT ASSETS | $611M |
| TOTAL ASSETS | $702M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $525M |
| TOTAL CURRENT LIABILITIES | $539M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | -$18M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $539M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $103M |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $702M |
| Total Debt | $503M |
| Net Debt | $417M |
