| Metric | Q3 2013 | Q2 2013 | Q3 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $29M | $22M | 2.2% | 31.1% |
| Op. Income | -$1M | -$1M | -$18M | -3.6% | 94.3% |
| Gross Margin | 46.2% | 45.6% | 47.6% | 0.6pp | -1.4pp |
| Net Margin | -2.2% | -4.2% | -80.7% | 1.9pp | 78.5pp |
| EPS (Diluted) | $-1.09 | $-1.99 | $-31.71 | 45.2% | 96.6% |
| Free Cash Flow | $1M | $1M | -$3M | -17.1% | 134.6% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $44.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$356.0K |
| Net Income from Continuing Ops | -$656.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$656.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$656.0K |
| D&A | $1M |
| EBIT | $0 |
| EBITDA | $477.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$656.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$351.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$322.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $976.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $653.0K |
| NET CASH FROM FINANCING | $653.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $18M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $16M |
| Goodwill | $7M |
| Intangible Assets | $13M |
| Long-Term Investments | $18M |
| Tax Assets | $47.0K |
| Other Non-Current Assets | -$17M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $77M |
| Account Payables | $6M |
| Short-Term Debt | $664.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $235.0K |
| Other Equity | $80M |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $2M |
| Net Debt | -$3M |
