| Metric | FY 2015 | Prior Q | FY 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $25M | — | -62.2% |
| Op. Income | -$25M | — | -$20M | — | -29.2% |
| Gross Margin | 98.9% | — | 85.4% | — | 13.6pp |
| Net Margin | -273.1% | — | -77.6% | — | -195.5pp |
| EPS (Diluted) | $-0.72 | — | $-0.59 | — | -21.7% |
| Free Cash Flow | -$14M | — | -$10M | — | -47.4% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $100.0K |
| GROSS PROFIT | $9M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $100.0K |
| Operating Expenses | $34M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$25M |
| Interest Income | $0 |
| Interest Expense | $300.0K |
| Other Income/Expenses | -$200.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $100.0K |
| EBIT | -$25M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$200.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$259.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $19M |
| Net Receivables | $700.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $300.0K |
| Goodwill | $0 |
| Intangible Assets | $48.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$48.0K |
| TOTAL NON-CURRENT ASSETS | $300.0K |
| TOTAL ASSETS | $73M |
| Account Payables | $4M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $300.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $4M |
| Additional Paid-In Capital | $158M |
| Retained Earnings | -$134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $700.0K |
| Net Debt | -$49M |
