| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $27M | $15M | 106.6% | 258.0% |
| Op. Income | $4M | $3M | -$18M | 32.5% | 119.8% |
| Gross Margin | 10.8% | 20.4% | -21.5% | -9.6pp | 32.3pp |
| Net Margin | 8.5% | -28.9% | -121.5% | 37.4pp | 130.0pp |
| EPS (Diluted) | $0.80 | $-2.28 | $-9.43 | 135.1% | 108.5% |
| Free Cash Flow | -$26M | -$23M | $22M | -13.5% | -217.3% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $376.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $4M |
| Interest Income | $245.0K |
| Interest Expense | $169.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $629.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $376.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $4M |
| Interest Income | $245.0K |
| Interest Expense | $169.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $629.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $629.0K |
| Stock-Based Compensation | $148.0K |
| Deferred Income Tax | -$126.0K |
| Other Non-Cash Items | -$412.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$121.0K |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37.0K |
| NET CASH FROM FINANCING | $215M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | $144M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $36M |
| Net Receivables | $100M |
| Inventory | $7M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $381M |
| PP&E (Net) | $106M |
| Goodwill | $66M |
| Intangible Assets | $560.0K |
| Long-Term Investments | $11M |
| Tax Assets | $1M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $588M |
| Account Payables | $77M |
| Short-Term Debt | $75M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $326M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $588M |
| Total Debt | $118M |
| Net Debt | -$39M |
