| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $25M | $22M | -5.6% | 3.6% |
| Op. Income | -$644.0K | -$5M | $246.0K | 86.6% | -361.8% |
| Gross Margin | 49.6% | 47.6% | 45.8% | 2.0pp | 3.8pp |
| Net Margin | -2.7% | -18.8% | 1.8% | 16.1pp | -4.4pp |
| EPS (Diluted) | $-1.10 | $-8.25 | $0.69 | 86.7% | -259.4% |
| Free Cash Flow | -$1M | $3M | -$1M | -146.4% | 13.3% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$644.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $79.0K |
| INCOME BEFORE TAX | -$565.0K |
| Income Tax Expense | $53.0K |
| Net Income from Continuing Ops | -$618.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$618.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$618.0K |
| D&A | $1M |
| EBIT | $0 |
| EBITDA | $585.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$618.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $860.0K |
| OPERATING CASH FLOW | $337.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $543.0K |
| NET CASH FROM FINANCING | $543.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $22M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $12M |
| Goodwill | $5M |
| Intangible Assets | $13M |
| Long-Term Investments | $22M |
| Tax Assets | $38.0K |
| Other Non-Current Assets | -$22M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $71M |
| Account Payables | $5M |
| Short-Term Debt | $735.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $531.0K |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $75.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80.0K |
| Other Equity | $57M |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $531.0K |
| Net Debt | -$4M |
