| Metric | Q3 2009 | Q2 2009 | Q3 2008 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.4K | $88.8K | $49.7K | -45.5% | -2.7% |
| Op. Income | -$636.2K | -$355.8K | -$201.2K | -78.8% | -216.3% |
| Gross Margin | 82.1% | 87.4% | 4.3% | -5.3pp | 77.8pp |
| Net Margin | -1222.6% | -344.2% | -411.0% | -878.4pp | -811.6pp |
| EPS (Diluted) | $-6574.00 | $-4066.00 | $-2708.00 | -61.7% | -142.8% |
| Free Cash Flow | -$61.2K | $30.6K | $33.1K | -300.2% | -284.9% |
| Item | Amount |
|---|---|
| REVENUE | $48.4K |
| Cost of Revenue | $8.7K |
| GROSS PROFIT | $39.7K |
| R&D Expenses | $288.3K |
| Selling & Marketing | $55.5K |
| General & Administrative | $332.1K |
| SG&A Expenses | $387.6K |
| Other Expenses | $0 |
| Operating Expenses | $675.9K |
| Cost & Expenses | $684.5K |
| OPERATING INCOME | -$636.2K |
| Interest Income | $0 |
| Interest Expense | $25.0K |
| Other Income/Expenses | -$25.0K |
| INCOME BEFORE TAX | -$661.2K |
| Income Tax Expense | -$64.9K |
| Net Income from Continuing Ops | -$596.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$591.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$591.3K |
| D&A | $192.3K |
| EBIT | -$636.2K |
| EBITDA | -$443.9K |
| EPS | -$6.6K |
| EPS Diluted | -$6.6K |
| Item | Amount |
|---|---|
| Net Income | -$596.2K |
| Depreciation & Amortization | $192.3K |
| Stock-Based Compensation | $126.8K |
| Deferred Income Tax | -$64.9K |
| Other Non-Cash Items | $104.7K |
| Change in Working Capital | $176.1K |
| OPERATING CASH FLOW | -$61.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$10.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $89.0K |
| NET CASH FROM FINANCING | $79.0K |
| FREE CASH FLOW | -$61.2K |
| Net Change in Cash | $17.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69.3K |
| Short-Term Investments | $0 |
| Net Receivables | $5.1K |
| Inventory | $3.1K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $87.6K |
| PP&E (Net) | $92.0K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | -$1M |
| Tax Assets | $1M |
| Other Non-Current Assets | $3.7K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $3M |
| Account Payables | $182.5K |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $888.4K |
| Other Current Liabilities | $343.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $61.6K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $155.8K |
| Minority Interest | $82.0K |
| TOTAL EQUITY | $237.8K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $500.0K |
| Net Debt | $430.7K |
