| Metric | Q1 2013 | Q4 2012 | Q1 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $25M | $25M | 14.3% | 15.9% |
| Op. Income | -$1M | -$2M | -$5M | 22.0% | 71.2% |
| Gross Margin | 42.9% | 44.5% | 47.6% | -1.6pp | -4.7pp |
| Net Margin | -7.2% | -7.4% | -18.8% | 0.2pp | 11.5pp |
| EPS (Diluted) | $-3.51 | $-3.17 | $-8.25 | -10.7% | 57.5% |
| Free Cash Flow | -$6M | $2M | $3M | -465.2% | -303.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$13.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $665.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$1M |
| EBITDA | -$49.0K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $576.0K |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$866.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$104.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $249.0K |
| NET CASH FROM FINANCING | $249.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$850.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $17M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $14M |
| Goodwill | $5M |
| Intangible Assets | $12M |
| Long-Term Investments | $500.0K |
| Tax Assets | $36.0K |
| Other Non-Current Assets | $294.0K |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $72M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $550.0K |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $574.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31.0K |
| Other Equity | $76M |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $550.0K |
| Net Debt | -$3M |
