2015 Q2 Form 10-Q Financial Statement
#000112785515000349 Filed on August 18, 2015
Income Statement
| Concept | 2015 Q2 |
|---|---|
| Revenue | $45.00K |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $360.0K |
| YoY Change | -53.25% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $0.00 |
| YoY Change | |
| % of Gross Profit | |
| Operating Expenses | $359.6K |
| YoY Change | -53.29% |
| Operating Profit | -$314.6K |
| YoY Change | |
| Interest Expense | $38.57K |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$310.0K |
| YoY Change | -59.74% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$313.2K |
| YoY Change | -59.32% |
| Net Earnings / Revenue | -696.07% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$18.64K |
| COMMON SHARES | |
| Basic Shares Outstanding | 16.63M |
| Diluted Shares Outstanding | 16.63M |
Balance Sheet
| Concept | 2015 Q2 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $200.0K |
| YoY Change | -28.57% |
| Cash & Equivalents | $101.4K |
| Short-Term Investments | $100.0K |
| Other Short-Term Assets | $2.280M |
| YoY Change | 22700.0% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $2.490M |
| YoY Change | 758.62% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $6.679K |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $20.00K |
| YoY Change | |
| Total Long-Term Assets | $1.820M |
| YoY Change | 810.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $2.490M |
| Total Long-Term Assets | $1.820M |
| Total Assets | $4.310M |
| YoY Change | 779.59% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $40.00K |
| YoY Change | 300.0% |
| Accrued Expenses | $40.00K |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $650.0K |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $740.0K |
| YoY Change | 3600.0% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.510M |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $1.510M |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $740.0K |
| Total Long-Term Liabilities | $1.510M |
| Total Liabilities | $2.240M |
| YoY Change | 11100.0% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $2.060M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $4.310M |
| YoY Change | 779.59% |
Cashflow Statement
| Concept | 2015 Q2 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$313.2K |
| YoY Change | -59.32% |
| Depreciation, Depletion And Amortization | $0.00 |
| YoY Change | |
| Cash From Operating Activities | -$230.0K |
| YoY Change | 53.33% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$10.00K |
| YoY Change | -96.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $250.0K |
| YoY Change | -225.0% |
| Cash From Investing Activities | $240.0K |
| YoY Change | -153.33% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 100.0K |
| YoY Change | 42.86% |
| NET CHANGE | |
| Cash From Operating Activities | -230.0K |
| Cash From Investing Activities | 240.0K |
| Cash From Financing Activities | 100.0K |
| Net Change In Cash | 110.0K |
| YoY Change | -120.75% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$230.0K |
| Capital Expenditures | -$10.00K |
| Free Cash Flow | -$220.0K |
| YoY Change | -320.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q3 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
0 | USD |
| us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
335000 | USD | |
| CY2014Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
|
18330 | USD |
| CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6679 | USD |
| CY2015Q2 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
1087556 | USD |
| us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | USD | |
| us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
0 | USD | |
| us-gaap |
Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
|
-200000 | USD | |
| us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
-987556 | USD | |
| us-gaap |
Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
|
0 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
100000 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
|
0 | USD | |
| CY2015Q2 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
665000 | USD |
