2013 Q2 Form 10-Q Financial Statement
#000119312513204467 Filed on May 07, 2013
Income Statement
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
Revenue | $451.0K | $417.0K | $450.0K |
YoY Change | -24.71% | -7.33% | 3.45% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.500M | $2.200M | $1.700M |
YoY Change | 56.25% | 29.41% | -10.53% |
% of Gross Profit | |||
Research & Development | $7.112M | $4.430M | $5.021M |
YoY Change | 59.03% | -11.77% | 14.11% |
% of Gross Profit | |||
Depreciation & Amortization | $12.00K | ||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $9.608M | $6.581M | $6.681M |
YoY Change | 59.39% | -1.5% | 6.05% |
Operating Profit | -$9.157M | -$6.164M | -$6.231M |
YoY Change | 68.67% | -1.08% | |
Interest Expense | $76.00K | $41.00K | $0.00 |
YoY Change | 660.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$9.100M | -$6.100M | -$6.200M |
YoY Change | 68.52% | -1.61% | 6.9% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$9.081M | -$6.123M | -$6.218M |
YoY Change | 67.58% | -1.53% | 6.6% |
Net Earnings / Revenue | -2013.53% | -1468.35% | -1381.78% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$109.1K | -$77.51K | -$117.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 79.16M shares | 78.76M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $205.5M | $101.5M | $25.90M |
YoY Change | 864.56% | 291.89% | -43.33% |
Cash & Equivalents | $24.25M | $18.44M | $5.558M |
Short-Term Investments | $181.2M | $83.00M | $20.40M |
Other Short-Term Assets | $1.300M | $1.500M | $500.0K |
YoY Change | 225.0% | 200.0% | -44.44% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $206.8M | $103.0M | $26.40M |
YoY Change | 849.53% | 290.09% | -43.23% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $92.00K | $30.00K | $100.0K |
YoY Change | 0.0% | -70.0% | -50.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $56.00K | $0.00 | |
YoY Change | 700.0% | -100.0% | |
Total Long-Term Assets | $148.0K | $30.00K | $100.0K |
YoY Change | 49.49% | -70.0% | -75.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $206.8M | $103.0M | $26.40M |
Total Long-Term Assets | $148.0K | $30.00K | $100.0K |
Total Assets | $206.9M | $103.0M | $26.50M |
YoY Change | 845.91% | 288.74% | -43.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.177M | $1.396M | $1.000M |
YoY Change | 55.48% | 39.6% | -28.57% |
Accrued Expenses | $6.488M | $4.159M | $4.700M |
YoY Change | 24.17% | -11.51% | 9.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $7.776M | $5.695M | $6.400M |
YoY Change | 15.03% | -11.02% | 4.92% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $17.70M | $17.70M | $2.500M |
YoY Change | 637.5% | 608.0% | -3.85% |
Total Long-Term Liabilities | $17.70M | $17.70M | $2.500M |
YoY Change | 637.5% | 608.0% | -3.85% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $7.776M | $5.695M | $6.400M |
Total Long-Term Liabilities | $17.70M | $17.70M | $2.500M |
Total Liabilities | $25.40M | $23.40M | $8.900M |
YoY Change | 177.11% | 162.92% | 1.14% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$382.9M | -$373.8M | |
YoY Change | 6.81% | ||
Common Stock | $8.000K | $7.000K | |
YoY Change | 60.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $181.5M | $79.66M | $17.60M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $206.9M | $103.0M | $26.50M |
YoY Change | 845.91% | 288.74% | -43.5% |
Cashflow Statement
Concept | 2013 Q2 | 2013 Q1 | 2012 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$9.081M | -$6.123M | -$6.218M |
YoY Change | 67.58% | -1.53% | 6.6% |
Depreciation, Depletion And Amortization | $12.00K | ||
YoY Change | |||
Cash From Operating Activities | -$5.440M | -$6.585M | -$5.230M |
YoY Change | 13.33% | 25.91% | 2.35% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$60.00K | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$98.55M | -$33.09M | $3.880M |
YoY Change | -1274.61% | -952.84% | -144.39% |
Cash From Investing Activities | -$98.61M | -$33.09M | $3.877M |
YoY Change | -1275.33% | -953.39% | -144.36% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $107.9M | $208.0K | $31.00K |
YoY Change | 570.97% | -99.78% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 109.9M | 208.0K | 22.00K |
YoY Change | 183016.67% | 845.45% | -99.84% |
NET CHANGE | |||
Cash From Operating Activities | -5.440M | -6.585M | -5.230M |
Cash From Investing Activities | -98.61M | -33.09M | 3.877M |
Cash From Financing Activities | 109.9M | 208.0K | 22.00K |
Net Change In Cash | 5.820M | -39.46M | -1.331M |
YoY Change | 59.45% | 2864.91% | 3227.5% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.440M | -$6.585M | -$5.230M |
Capital Expenditures | -$60.00K | ||
Free Cash Flow | -$5.380M | ||
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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Common Stock Shares Authorized
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Available For Sale Securities
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Employee Related Liabilities Current
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Available For Sale Debt Securities Amortized Cost Basis
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Common Stock Shares Outstanding
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accrued Liabilities Current
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Property Plant And Equipment Net
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Additional Paid In Capital
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Trading Symbol
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|
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Operating Expenses
OperatingExpenses
|
6681000 | |
CY2012Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
21000 | |
CY2012Q1 | us-gaap |
Revenues
Revenues
|
450000 | |
CY2012Q1 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
79000 | |
CY2012Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
52903000 | shares |
CY2012Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11085000 | shares |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6218000 | |
CY2012Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-3000 | |
CY2012Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1189000 |