2012 Q4 Form 10-Q Financial Statement
#000119312512451812 Filed on November 05, 2012
Income Statement
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
Revenue | $380.0K | $3.478M | $584.0K |
YoY Change | -35.37% | 495.55% | -74.61% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.300M | $1.500M | $1.500M |
YoY Change | 53.33% | 0.0% | -6.25% |
% of Gross Profit | |||
Research & Development | $4.900M | $4.400M | $4.158M |
YoY Change | 11.36% | 5.82% | -16.84% |
% of Gross Profit | |||
Depreciation & Amortization | $20.00K | $30.00K | $30.00K |
YoY Change | -33.33% | 0.0% | -70.0% |
% of Gross Profit | |||
Operating Expenses | $7.200M | $5.885M | $5.677M |
YoY Change | 22.03% | 3.66% | -12.66% |
Operating Profit | -$2.407M | -$5.093M | |
YoY Change | -52.74% | ||
Interest Expense | $0.00 | $5.000K | $0.00 |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$6.800M | -$2.400M | -$5.100M |
YoY Change | 28.3% | -52.94% | 21.43% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$6.810M | -$2.402M | -$5.076M |
YoY Change | 28.49% | -52.68% | 20.86% |
Net Earnings / Revenue | -1792.11% | -69.06% | -869.18% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$112.0K | -$44.53K | -$96.59K |
COMMON SHARES | |||
Basic Shares Outstanding | 56.62M shares | 53.03M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $108.0M | $23.10M | $36.20M |
YoY Change | 248.28% | -36.19% | 12.42% |
Cash & Equivalents | $57.90M | $8.016M | $8.317M |
Short-Term Investments | $50.07M | $15.00M | $27.80M |
Other Short-Term Assets | $600.0K | $600.0K | $600.0K |
YoY Change | -33.33% | 0.0% | -25.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $108.5M | $23.69M | $36.80M |
YoY Change | 239.75% | -35.64% | 5.14% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $42.00K | $63.00K | $200.0K |
YoY Change | -72.19% | -68.5% | -66.67% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $2.000K | $100.0K |
YoY Change | -100.0% | -98.0% | 0.0% |
Total Long-Term Assets | $42.00K | $65.00K | $200.0K |
YoY Change | -74.55% | -67.5% | -75.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $108.5M | $23.69M | $36.80M |
Total Long-Term Assets | $42.00K | $65.00K | $200.0K |
Total Assets | $108.6M | $23.75M | $37.00M |
YoY Change | 238.14% | -35.81% | 3.35% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.375M | $1.131M | $1.300M |
YoY Change | -29.85% | -13.0% | -50.0% |
Accrued Expenses | $4.139M | $4.686M | $4.400M |
YoY Change | 18.12% | 6.5% | 15.79% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Total Short-Term Liabilities | $5.948M | $6.086M | $6.400M |
YoY Change | -3.52% | -4.91% | -51.52% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $17.70M | $0.00 | $2.500M |
YoY Change | 580.77% | -100.0% | -88.99% |
Total Long-Term Liabilities | $17.70M | $0.00 | $2.500M |
YoY Change | 580.77% | -100.0% | -88.99% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.948M | $6.086M | $6.400M |
Total Long-Term Liabilities | $17.70M | $0.00 | $2.500M |
Total Liabilities | $5.948M | $6.086M | $8.900M |
YoY Change | -32.04% | -31.62% | -75.21% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$367.7M | -$360.9M | |
YoY Change | 6.01% | ||
Common Stock | $7.000K | $6.000K | |
YoY Change | 40.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $84.98M | $17.66M | $28.10M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $108.6M | $23.75M | $37.00M |
YoY Change | 238.14% | -35.81% | 3.35% |
Cashflow Statement
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.810M | -$2.402M | -$5.076M |
YoY Change | 28.49% | -52.68% | 20.86% |
Depreciation, Depletion And Amortization | $20.00K | $30.00K | $30.00K |
YoY Change | -33.33% | 0.0% | -70.0% |
Cash From Operating Activities | -$6.290M | -$5.310M | -$4.170M |
YoY Change | 17.79% | 27.34% | 65.48% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$35.06M | -$2.740M | $4.480M |
YoY Change | -1020.21% | -161.16% | 52.38% |
Cash From Investing Activities | -$35.06M | -$2.740M | $4.480M |
YoY Change | -1020.21% | -161.16% | 52.38% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $6.800M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 91.23M | 6.860M | -10.00K |
YoY Change | 101266.67% | -68700.0% | -103.12% |
NET CHANGE | |||
Cash From Operating Activities | -6.290M | -5.310M | -4.170M |
Cash From Investing Activities | -35.06M | -2.740M | 4.480M |
Cash From Financing Activities | 91.23M | 6.860M | -10.00K |
Net Change In Cash | 49.88M | -1.190M | 300.0K |
YoY Change | -3563.89% | -496.67% | -59.46% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$6.290M | -$5.310M | -$4.170M |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$4.170M | ||
YoY Change |
Facts In Submission
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Cash And Cash Equivalents At Carrying Value
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Prepaid Expense And Other Assets Current
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CY2012Q3 | us-gaap |
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Available For Sale Debt Securities Amortized Cost Basis
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Liabilities
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Accounts Payable Current
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Available For Sale Securities Current
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Deferred Revenue Current
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Preferred Stock Shares Authorized
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Trading Symbol
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ACAD | ||
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|
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10-Q | ||
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2012-09-30 | ||
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Current Fiscal Year End Date
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|
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|
-0.26 | ||
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General And Administrative Expense
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us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y4M24D | ||
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
-252000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13893000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6939000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
15609000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
18594000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-252000 | ||
us-gaap |
Revenues
Revenues
|
4527000 | ||
us-gaap |
Depreciation
Depreciation
|
88000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
161000 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53262000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11502000 | shares | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-14039000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1182000 | ||
CY2011Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
13900000 | |
CY2011Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
12565446 | shares |
CY2011Q1 | us-gaap |
Equity Issuance Per Share Amount
EquityIssuancePerShareAmount
|
1.19375 | |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5093000 | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5080000 | |
CY2011Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
401000 | |
CY2011Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.10 | |
CY2011Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
17000 | |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1519000 | |
CY2011Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4158000 | |
CY2011Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5677000 | |
CY2011Q3 | us-gaap |
Revenues
Revenues
|
584000 | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52800000 | shares |
CY2011Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10414000 | shares |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5076000 | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2407000 | |
CY2012Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6800000 | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2400000 | |
CY2012Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
488000 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.04 | |
CY2012Q3 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
5000 | |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1485000 | |
CY2012Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4400000 | |
CY2012Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5885000 | |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
3478000 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53911000 | shares |
CY2012Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11919000 | shares |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2402000 | |
CY2012Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3491500 | shares |
CY2012Q3 | acad |
Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
|
7000000 |