| Metric | Q3 2011 | Q2 2011 | Q3 2010 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $67M | $38M | 12.0% | 99.0% |
| Op. Income | $5M | -$10M | -$234.0K | 150.2% | 2326.5% |
| Gross Margin | 91.7% | 91.8% | 91.8% | -0.2pp | -0.2pp |
| Net Margin | 0.9% | -2.7% | 2.5% | 3.6pp | -1.6pp |
| EPS (Diluted) | $0.00 | $-0.01 | $0.08 | 131.4% | -95.8% |
| Free Cash Flow | -$4M | -$3M | -$2M | -31.7% | -110.0% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $69M |
| R&D Expenses | $4M |
| Selling & Marketing | $17M |
| General & Administrative | $10M |
| SG&A Expenses | $27M |
| Other Expenses | -$297M |
| Operating Expenses | -$267M |
| Cost & Expenses | -$261M |
| OPERATING INCOME | $5M |
| Interest Income | $28.0K |
| Interest Expense | $123.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $661.0K |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | $638.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638.0K |
| D&A | $1M |
| EBIT | $784.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $69M |
| R&D Expenses | $4M |
| Selling & Marketing | $17M |
| General & Administrative | $10M |
| SG&A Expenses | $27M |
| Other Expenses | -$297M |
| Operating Expenses | -$267M |
| Cost & Expenses | -$261M |
| OPERATING INCOME | $5M |
| Interest Income | $28.0K |
| Interest Expense | $123.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $661.0K |
| Income Tax Expense | $23.0K |
| Net Income from Continuing Ops | $638.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $638.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $638.0K |
| D&A | $1M |
| EBIT | $784.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $638.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$638.0K |
| Other Non-Cash Items | $987.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $111.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$375.0K |
| Other Financing Activities | -$580.0K |
| NET CASH FROM FINANCING | -$955.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $37M |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $154M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $170M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $62M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.0K |
| Other Equity | $201M |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $170M |
| Total Debt | $0 |
| Net Debt | -$54M |
