| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $2M | — | 32.9% |
| Op. Income | -$11M | — | -$6M | — | -71.1% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -391.7% | — | -303.9% | — | -87.8pp |
| EPS (Diluted) | $-0.82 | — | $-0.44 | — | -84.2% |
| Free Cash Flow | -$9M | — | -$5M | — | -79.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $9M |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$11M |
| Interest Income | $13.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $46.6K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $348.2K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $348.2K |
| Stock-Based Compensation | $857.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $21.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63.1K |
| NET CASH FROM INVESTING | $84.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $309.3K |
| NET CASH FROM FINANCING | $228.3K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $828.3K |
| Inventory | $1M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $8.8K |
| Long-Term Investments | $255.4K |
| Tax Assets | $952.1K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $31M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$925.6K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $203.6K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $497.6K |
| Additional Paid-In Capital | $62M |
| Retained Earnings | -$20M |
| Treasury Stock | -$95.9K |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $5M |
| Net Debt | -$15M |
