| Metric | FY 2013 | Prior Q | FY 2012 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | — | $46M | — | 30.4% |
| Op. Income | -$19M | — | -$13M | — | -46.5% |
| Gross Margin | 78.5% | — | 82.1% | — | -3.6pp |
| Net Margin | -31.4% | — | -26.9% | — | -4.5pp |
| EPS (Diluted) | $-0.61 | — | $-0.46 | — | -32.6% |
| Free Cash Flow | -$3M | — | -$3M | — | -20.1% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $47M |
| R&D Expenses | $21M |
| Selling & Marketing | $32M |
| General & Administrative | $13M |
| SG&A Expenses | $44M |
| Other Expenses | $43.0K |
| Operating Expenses | $66M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $122.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $170.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $3M |
| EBIT | -$19M |
| EBITDA | -$16M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $111.0K |
| Other Non-Cash Items | $460.0K |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | -$613.0K |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $4M |
| Goodwill | $11M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $177.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $60M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$33M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$33M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $16M |
| Net Debt | -$4M |
