| Metric | Q1 2012 | Q4 2011 | Q1 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $22M | $25M | 10.8% | -0.3% |
| Op. Income | -$5M | -$975.0K | -$799.0K | -391.9% | -500.3% |
| Gross Margin | 47.6% | 47.8% | 44.2% | -0.2pp | 3.4pp |
| Net Margin | -18.8% | -8.8% | -3.2% | -10.0pp | -15.6pp |
| EPS (Diluted) | $-8.25 | $-3.48 | $-1.44 | -137.1% | -472.9% |
| Free Cash Flow | $3M | $1M | -$3M | 92.8% | 195.2% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $129.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$51.0K |
| 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 | $1M |
| EBIT | $0 |
| EBITDA | -$4M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$680.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $202.0K |
| NET CASH FROM FINANCING | $202.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $22M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $11M |
| Goodwill | $5M |
| Intangible Assets | $13M |
| Long-Term Investments | $22M |
| Tax Assets | $48.0K |
| Other Non-Current Assets | -$22M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $73M |
| Account Payables | $5M |
| Short-Term Debt | $731.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $525.0K |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $79.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $341.0K |
| Other Equity | $55M |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $525.0K |
| Net Debt | -$5M |
