2010 Q4 Form 10-K Financial Statement

#000104746912002036 Filed on March 02, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2009 2008 Q4
Revenue $20.50M $118.1M $45.40M
YoY Change -17.34% -42.16% -27.13%
Cost Of Revenue $34.10M $80.10M $21.30M
YoY Change 61.61% -26.31% -48.3%
Gross Profit -$13.50M $38.00M $24.10M
YoY Change -455.26% -60.25% 14.76%
Gross Profit Margin -65.85% 32.18% 53.08%
Selling, General & Admin $3.800M $10.51M $3.000M
YoY Change -7.32% -46.94% -25.0%
% of Gross Profit 27.64% 12.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $200.0K $800.0K $400.0K
YoY Change 100.0% 0.0%
% of Gross Profit 2.11% 1.66%
Operating Expenses $25.40M $345.0M $127.0M
YoY Change -75.55% 127.25% 1853.85%
Operating Profit -$38.90M -$307.0M -$102.9M
YoY Change -61.14% 446.2% -809.66%
Interest Expense -$1.200M $80.10M -$200.0K
YoY Change -233.33% -3582.7% -107.69%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$41.20M -$206.1M -$107.9M
YoY Change -69.16% 170.46% -730.99%
Income Tax $800.0K $0.00 $0.00
% Of Pretax Income
Net Earnings -$41.10M -$212.0M -$108.2M
YoY Change -69.24% 161.03% -807.19%
Net Earnings / Revenue -200.49% -179.47% -238.33%
Basic Earnings Per Share -$9.11
Diluted Earnings Per Share -$1.599M -$9.11 -$4.260M
COMMON SHARES
Basic Shares Outstanding 25.31M shares
Diluted Shares Outstanding 25.31M shares

Balance Sheet

Concept 2010 Q4 2009 2008 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $101.1M $64.60M $800.0K
YoY Change 56.5% 7975.0% -96.4%
Cash & Equivalents $101.1M $832.0K
Short-Term Investments
Other Short-Term Assets $19.00M $19.00M $26.30M
YoY Change 0.0% -27.76% 38.42%
Inventory
Prepaid Expenses
Receivables $300.0K $15.20M $2.900M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $120.4M $98.80M $30.00M
YoY Change 21.86% 229.33% -27.18%
LONG-TERM ASSETS
Property, Plant & Equipment $22.80M $8.200M $46.50M
YoY Change 178.05% -82.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.483B $1.827B $2.270B
YoY Change -18.79% -19.52% -13.94%
Other Assets $62.50M $69.40M $93.20M
YoY Change -9.94% -25.54% -33.0%
Total Long-Term Assets $1.611B $1.962B $2.549B
YoY Change -17.9% -23.03% -10.88%
TOTAL ASSETS
Total Short-Term Assets $120.4M $98.80M $30.00M
Total Long-Term Assets $1.611B $1.962B $2.549B
Total Assets $1.731B $2.061B $2.579B
YoY Change -15.99% -20.1% -11.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.600M $6.700M $32.30M
YoY Change -61.19% -79.26% 76.5%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.00M $8.700M $33.30M
YoY Change 129.89% -73.87% 60.87%
LONG-TERM LIABILITIES
Long-Term Debt $1.343B $1.779B $2.053B
YoY Change -24.5% -13.34% -9.48%
Other Long-Term Liabilities $161.5M $174.1M $211.8M
YoY Change -7.24% -17.8% 46.57%
Total Long-Term Liabilities $1.505B $1.953B $2.265B
YoY Change -22.97% -13.75% -6.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.00M $8.700M $33.30M
Total Long-Term Liabilities $1.505B $1.953B $2.265B
Total Liabilities $1.525B $1.964B $2.298B
YoY Change -22.37% -14.54% -8.3%
SHAREHOLDERS EQUITY
Retained Earnings -$180.7M
YoY Change
Common Stock $450.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.67M
YoY Change
Treasury Stock Shares 980.6K shares
Shareholders Equity $204.4M $96.70M $281.0M
YoY Change
Total Liabilities & Shareholders Equity $1.731B $2.061B $2.579B
YoY Change -15.99% -20.1% -11.11%

Cashflow Statement

Concept 2010 Q4 2009 2008 Q4
OPERATING ACTIVITIES
Net Income -$41.10M -$212.0M -$108.2M
YoY Change -69.24% 161.03% -807.19%
Depreciation, Depletion And Amortization $200.0K $800.0K $400.0K
YoY Change 100.0% 0.0%
Cash From Operating Activities $5.700M $46.56M $18.90M
YoY Change -10.94% -7.61% -22.22%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $67.10M $154.6M $111.7M
YoY Change 83.84% -33.13% 134.17%
Cash From Investing Activities $67.10M $154.6M $111.7M
YoY Change 83.84% -33.14% 134.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.100M -$137.3M -152.6M
YoY Change -138.89% -54.67% 138.07%
NET CHANGE
Cash From Operating Activities 5.700M $46.56M 18.90M
Cash From Investing Activities 67.10M $154.6M 111.7M
Cash From Financing Activities 2.100M -$137.3M -152.6M
Net Change In Cash 74.90M $63.79M -22.00M
YoY Change 99.73% -398.09% -378.48%
FREE CASH FLOW
Cash From Operating Activities $5.700M $46.56M $18.90M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2010 us-gaap Notes Assumed1
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CY2010 us-gaap Proceeds From Repayments Of Debt
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5500000 USD
CY2009 abr Noncash Losses Gains On Sale And Restructuring Of Loans
NoncashLossesGainsOnSaleAndRestructuringOfLoans
-57579561 USD

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