| Metric | Q3 2014 | Q2 2014 | Q3 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $2M | — | 55.8% | — |
| Op. Income | -$3M | -$3M | — | -2.2% | — |
| Gross Margin | 45.3% | 35.1% | — | 10.2pp | — |
| Net Margin | -131.1% | -169.4% | — | 38.3pp | — |
| EPS (Diluted) | $-87.91 | $-73.63 | — | -19.4% | — |
| Free Cash Flow | -$3M | -$3M | — | 17.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $330.0K |
| Selling & Marketing | $311.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$647.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $884.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$26.0K |
| 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 | $137.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$88 |
| EPS Diluted | -$88 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $137.0K |
| Stock-Based Compensation | $119.0K |
| Deferred Income Tax | -$30.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $562.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$181.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$181.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$391.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $6M |
| Intangible Assets | $870.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $18M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $600.0K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $18M |
| Net Debt | $11M |
