| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | $81M | $67M | 25.4% | 51.2% |
| Op. Income | -$5M | -$20M | -$10M | 73.4% | 48.4% |
| Gross Margin | 92.6% | 91.4% | 91.8% | 1.1pp | 0.7pp |
| Net Margin | -5.3% | -25.0% | -2.7% | 19.7pp | -2.6pp |
| EPS (Diluted) | $-0.03 | $-0.12 | $-0.01 | 73.1% | -207.6% |
| Free Cash Flow | $188.0K | -$12M | -$3M | 101.6% | 107.0% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $94M |
| R&D Expenses | $4M |
| Selling & Marketing | $23M |
| General & Administrative | $11M |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$5M |
| Interest Income | $25.0K |
| Interest Expense | $136.0K |
| Other Income/Expenses | -$59.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $1.0K |
| 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 | $2M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $272.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | $364.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $188.0K |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $33M |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $184M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $59M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$127M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $221M |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $184M |
| Total Debt | $0 |
| Net Debt | -$50M |
