| Metric | FY 2013 | Prior Q | FY 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $5M | — | 34.5% |
| Op. Income | -$804.7K | — | -$2M | — | 59.0% |
| Gross Margin | 88.1% | — | 83.6% | — | 4.5pp |
| Net Margin | -14.1% | — | -39.3% | — | 25.2pp |
| EPS (Diluted) | $-0.02 | — | $-0.05 | — | 51.9% |
| Free Cash Flow | -$607.3K | — | -$2M | — | 71.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $808.6K |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$804.7K |
| Interest Income | $0 |
| Interest Expense | $153.5K |
| Other Income/Expenses | -$153.5K |
| INCOME BEFORE TAX | -$958.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$958.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$958.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $116.4K |
| EBIT | -$804.7K |
| EBITDA | -$688.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$958.2K |
| Depreciation & Amortization | $116.4K |
| Stock-Based Compensation | $5.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60.4K |
| Change in Working Capital | $217.9K |
| OPERATING CASH FLOW | -$557.8K |
| Capital Expenditure | -$49.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49.5K |
| Net Debt Issuance | -$46.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$46.3K |
| FREE CASH FLOW | -$607.3K |
| Net Change in Cash | -$653.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $764.9K |
| Short-Term Investments | $0 |
| Net Receivables | $767.1K |
| Inventory | $726.8K |
| Other Current Assets | $64.4K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $181.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $181.2K |
| TOTAL ASSETS | $3M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $791.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $60.3K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $700 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $2M |
| Net Debt | $1M |
