| Metric | Q4 2011 | Q3 2011 | Q4 2010 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $75M | $48M | 8.4% | 70.7% |
| Op. Income | -$17M | $5M | -$2M | -424.4% | -599.2% |
| Gross Margin | 91.8% | 91.7% | 92.5% | 0.1pp | -0.7pp |
| Net Margin | -10.1% | 0.9% | -3.0% | -10.9pp | -7.0pp |
| EPS (Diluted) | $-0.05 | $0.00 | $-0.01 | -1597.0% | -431.2% |
| Free Cash Flow | -$224.0K | -$4M | -$3M | 93.7% | 93.4% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $75M |
| R&D Expenses | $4M |
| Selling & Marketing | $21M |
| General & Administrative | $10M |
| SG&A Expenses | $31M |
| Other Expenses | -$297M |
| Operating Expenses | -$263M |
| Cost & Expenses | -$256M |
| OPERATING INCOME | -$17M |
| Interest Income | $28.0K |
| Interest Expense | $123.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $9.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $966.0K |
| NET CASH FROM FINANCING | $966.0K |
| FREE CASH FLOW | -$224.0K |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $46M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $160M |
| 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 | $178M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $46M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $178M |
| Total Debt | $0 |
| Net Debt | -$44M |
