| Metric | Q4 2013 | Q3 2013 | Q4 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $29M | $25M | 7.2% | 26.7% |
| Op. Income | -$695.0K | -$1M | -$2M | 34.2% | 60.7% |
| Gross Margin | 47.9% | 46.2% | 44.5% | 1.8pp | 3.4pp |
| Net Margin | -1.2% | -2.2% | -7.4% | 1.1pp | 6.2pp |
| EPS (Diluted) | $-0.60 | $-1.09 | $-3.17 | 45.0% | 81.1% |
| Free Cash Flow | $3M | $1M | $2M | 121.6% | 74.0% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$695.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $53.0K |
| INCOME BEFORE TAX | -$642.0K |
| Income Tax Expense | -$276.0K |
| Net Income from Continuing Ops | -$366.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$366.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$366.0K |
| D&A | $2M |
| EBIT | $0 |
| EBITDA | $901.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$366.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$216.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$41.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$50.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $232.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $826.0K |
| NET CASH FROM FINANCING | $826.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$232.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $22M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $17M |
| Goodwill | $7M |
| Intangible Assets | $13M |
| Long-Term Investments | $22M |
| Tax Assets | $46.0K |
| Other Non-Current Assets | -$21M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $83M |
| Account Payables | $6M |
| Short-Term Debt | $517.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $799.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $331.0K |
| Other Equity | $81M |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $0 |
| Net Debt | -$5M |
