| Metric | Q2 2014 | Q1 2014 | Q2 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $780.4K | — | 49.7% |
| Op. Income | -$5M | — | -$5M | — | 2.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -417.7% | — | -642.1% | — | 224.4pp |
| EPS (Diluted) | $-0.37 | — | $-0.47 | — | 20.0% |
| Free Cash Flow | -$6M | — | -$5M | — | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1M |
| R&D Expenses | $4M |
| Selling & Marketing | $63.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $46.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $43.3K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $169.4K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $169.4K |
| Stock-Based Compensation | $63.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $76.5K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$212.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50 |
| NET CASH FROM INVESTING | -$212.9K |
| Net Debt Issuance | $265.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $80.2K |
| Inventory | $211.5K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $686.4K |
| Goodwill | $0 |
| Intangible Assets | $611 |
| Long-Term Investments | $79.8K |
| Tax Assets | -$80.4K |
| Other Non-Current Assets | $80.4K |
| TOTAL NON-CURRENT ASSETS | $766.8K |
| TOTAL ASSETS | $35M |
| Account Payables | $2M |
| Short-Term Debt | $277.2K |
| Deferred Revenue | $1M |
| Other Current Liabilities | -$338.1K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $275.9K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $471.2K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$5M |
| Treasury Stock | -$120.2K |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $2M |
| Net Debt | -$30M |
