| Metric | Q1 2016 | Q4 2015 | Q1 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $269.3K | $371.5K | — | -27.5% | — |
| Op. Income | -$690.5K | -$983.5K | — | 29.8% | — |
| Gross Margin | 72.8% | 70.0% | — | 2.9pp | — |
| Net Margin | -640.3% | -296.9% | — | -343.5pp | — |
| EPS (Diluted) | $-8.60 | $-6.56 | — | -31.1% | — |
| Free Cash Flow | -$1M | -$465.7K | — | -117.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $269.3K |
| Cost of Revenue | $73.2K |
| GROSS PROFIT | $196.1K |
| R&D Expenses | $310.0K |
| Selling & Marketing | $0 |
| General & Administrative | $499.1K |
| SG&A Expenses | $499.1K |
| Other Expenses | $4.3K |
| Operating Expenses | $886.6K |
| Cost & Expenses | $959.8K |
| OPERATING INCOME | -$690.5K |
| Interest Income | $0 |
| Interest Expense | $234.4K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $77.5K |
| EBIT | -$690.5K |
| EBITDA | -$612.9K |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $77.5K |
| Stock-Based Compensation | $4.5K |
| Deferred Income Tax | $868.7K |
| Other Non-Cash Items | $84.7K |
| Change in Working Capital | -$322.4K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | $1.0K |
| Net Debt Issuance | $106.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $451.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604.1K |
| Short-Term Investments | $0 |
| Net Receivables | $46.0K |
| Inventory | $258.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $3.4K |
| Goodwill | $0 |
| Intangible Assets | $230.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.2K |
| TOTAL NON-CURRENT ASSETS | $244.7K |
| TOTAL ASSETS | $1M |
| Account Payables | $356.2K |
| Short-Term Debt | $5M |
| Deferred Revenue | $721.1K |
| Other Current Liabilities | $122.8K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$95M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $5M |
| Net Debt | $5M |
