| Metric | Q1 2014 | Q4 2013 | Q1 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $15M | — | -76.5% | — |
| Op. Income | -$1M | -$18M | — | 93.9% | — |
| Gross Margin | 5.5% | -21.5% | — | 27.0pp | — |
| Net Margin | -23.0% | -121.5% | — | 98.5pp | — |
| EPS (Diluted) | $-0.42 | $-9.43 | — | 95.5% | — |
| Free Cash Flow | -$694.0K | $22M | — | -103.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $197.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $317.0K |
| General & Administrative | $970.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $410.0K |
| Interest Expense | $122.0K |
| Other Income/Expenses | $258.0K |
| INCOME BEFORE TAX | -$832.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$832.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$832.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$832.0K |
| D&A | $406.0K |
| EBIT | -$710.0K |
| EBITDA | -$304.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$832.0K |
| Depreciation & Amortization | $406.0K |
| Stock-Based Compensation | $215.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$89.0K |
| Change in Working Capital | -$394.0K |
| OPERATING CASH FLOW | -$694.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $79.0K |
| NET CASH FROM INVESTING | $79.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$694.0K |
| Net Change in Cash | -$759.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272.0K |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $23.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $989.0K |
| Long-Term Investments | $8M |
| Tax Assets | $26M |
| Other Non-Current Assets | $400.0K |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $70M |
| Account Payables | $3M |
| Short-Term Debt | $4M |
| Deferred Revenue | $692.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$333.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $16M |
| Net Debt | $16M |
