| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $27M | — | -37.8% |
| Op. Income | -$384.4K | — | -$4M | — | 91.0% |
| Gross Margin | 7.5% | — | 7.4% | — | 0.1pp |
| Net Margin | -8.1% | — | -19.2% | — | 11.0pp |
| EPS (Diluted) | $-1100.04 | — | $-5502.07 | — | 80.0% |
| Free Cash Flow | $7M | — | -$3M | — | 338.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $1M |
| R&D Expenses | $294.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | -$445.3K |
| Operating Expenses | $1M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$384.4K |
| Interest Income | $273.9K |
| Interest Expense | $535.0K |
| Other Income/Expenses | -$207.9K |
| INCOME BEFORE TAX | -$592.3K |
| Income Tax Expense | $754.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $1M |
| EBIT | -$57.3K |
| EBITDA | $936.6K |
| EPS | -$1.1K |
| EPS Diluted | -$1.1K |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $313.2K |
| Deferred Income Tax | $748.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$4.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $791.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $5M |
| Net Receivables | $41M |
| Inventory | $1M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $116M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $128M |
| Account Payables | $23M |
| Short-Term Debt | $57M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $88M |
| Common Stock | $2.2K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $128M |
| Total Debt | $58M |
| Net Debt | $56M |
