| Metric | Q4 2014 | Q3 2014 | Q4 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $37M | — | 2.2% |
| Op. Income | $10M | — | $7M | — | 40.1% |
| Gross Margin | 31.3% | — | 27.2% | — | 4.0pp |
| Net Margin | 22.5% | — | 15.5% | — | 7.0pp |
| EPS (Diluted) | $61.11 | — | $27.89 | — | 119.1% |
| Free Cash Flow | -$4M | — | -$3M | — | -52.1% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $12M |
| R&D Expenses | $433.7K |
| Selling & Marketing | $520.4K |
| General & Administrative | $792.3K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $10M |
| Interest Income | $88.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $363.4K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $926.5K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $61 |
| EPS Diluted | $61 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $12M |
| R&D Expenses | $433.7K |
| Selling & Marketing | $520.4K |
| General & Administrative | $792.3K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $10M |
| Interest Income | $88.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $363.4K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $926.5K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $61 |
| EPS Diluted | $61 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $926.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$355.5K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$154.9K |
| NET CASH FROM FINANCING | -$154.9K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $343.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415.3K |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $1M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $26.1K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $79M |
| Account Payables | $4M |
| Short-Term Debt | $9M |
| Deferred Revenue | $563.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | -$26M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $3M |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $79M |
| Total Debt | $9M |
| Net Debt | $9M |
