2011 Q4 Form 10-K Financial Statement
#000114420413012648 Filed on March 04, 2013
Income Statement
| Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $20.23M |
| YoY Change | -100.0% | -100.0% | 3163.39% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $1.060M | $1.185M | $1.730M |
| YoY Change | -42.08% | -31.1% | -24.12% |
| % of Gross Profit | |||
| Research & Development | $790.0K | $962.0K | $1.140M |
| YoY Change | -45.89% | -15.61% | -25.49% |
| % of Gross Profit | |||
| Depreciation & Amortization | $30.00K | $30.00K | $40.00K |
| YoY Change | -25.0% | 0.0% | 33.33% |
| % of Gross Profit | |||
| Operating Expenses | $1.850M | $2.147M | $2.870M |
| YoY Change | -43.94% | -24.93% | -24.67% |
| Operating Profit | -$2.147M | ||
| YoY Change | |||
| Interest Expense | $10.00K | ||
| YoY Change | 0.0% | ||
| % of Operating Profit | |||
| Other Income/Expense, Net | $0.00 | $6.000K | $10.00K |
| YoY Change | -70.0% | ||
| Pretax Income | -$1.840M | -$2.141M | $17.37M |
| YoY Change | -37.2% | -16.04% | -644.51% |
| Income Tax | -$190.0K | $0.00 | $340.0K |
| % Of Pretax Income | 1.96% | ||
| Net Earnings | -$1.650M | -$2.141M | $17.03M |
| YoY Change | -43.69% | -16.04% | -633.86% |
| Net Earnings / Revenue | 84.17% | ||
| Basic Earnings Per Share | -$0.05 | ||
| Diluted Earnings Per Share | -$172.6K | -$0.05 | $1.774M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 47.80M shares | ||
| Diluted Shares Outstanding | 47.80M shares |
Balance Sheet
| Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $35.69M | $37.66M | $39.50M |
| YoY Change | 48.4% | 45.57% | 46.24% |
| Cash & Equivalents | $35.69M | $37.66M | $39.50M |
| Short-Term Investments | |||
| Other Short-Term Assets | $290.0K | $430.0K | $560.0K |
| YoY Change | 11.54% | 10.26% | 27.27% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $0.00 | $0.00 | |
| Other Receivables | $0.00 | $0.00 | |
| Total Short-Term Assets | $36.13M | $38.09M | $40.06M |
| YoY Change | 47.83% | 44.77% | 43.89% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.044M | $1.000M | $1.030M |
| YoY Change | -0.57% | -7.41% | -5.5% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $1.044M | $1.000M | $1.040M |
| YoY Change | -0.57% | -7.41% | -4.59% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $36.13M | $38.09M | $40.06M |
| Total Long-Term Assets | $1.044M | $1.000M | $1.040M |
| Total Assets | $37.17M | $39.09M | $41.10M |
| YoY Change | 45.83% | 42.72% | 42.07% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $53.00K | $50.00K | |
| YoY Change | |||
| Accrued Expenses | $477.0K | $970.0K | $950.0K |
| YoY Change | -30.87% | 56.45% | 63.79% |
| 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 | $530.0K | $1.120M | $1.230M |
| YoY Change | -53.91% | -15.15% | -18.54% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $530.0K | $1.120M | $1.230M |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $530.0K | $1.120M | $1.230M |
| YoY Change | -53.91% | -15.15% | -18.54% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$325.5M | ||
| YoY Change | |||
| Common Stock | $362.2M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $36.64M | $37.97M | $39.86M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $37.17M | $39.09M | $41.10M |
| YoY Change | 45.83% | 42.72% | 42.07% |
Cashflow Statement
| Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.650M | -$2.141M | $17.03M |
| YoY Change | -43.69% | -16.04% | -633.86% |
| Depreciation, Depletion And Amortization | $30.00K | $30.00K | $40.00K |
| YoY Change | -25.0% | 0.0% | 33.33% |
| Cash From Operating Activities | -$1.890M | -$1.840M | $17.60M |
| YoY Change | 3.85% | 64.29% | -2478.38% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$80.00K | $0.00 | -$10.00K |
| YoY Change | 700.0% | -100.0% | 0.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | ||
| YoY Change | |||
| Cash From Investing Activities | -$80.00K | $0.00 | -$10.00K |
| YoY Change | 700.0% | -100.0% | 0.0% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -10.00K | 0.000 | 280.0K |
| YoY Change | -28.21% | ||
| NET CHANGE | |||
| Cash From Operating Activities | -1.890M | -1.840M | 17.60M |
| Cash From Investing Activities | -80.00K | 0.000 | -10.00K |
| Cash From Financing Activities | -10.00K | 0.000 | 280.0K |
| Net Change In Cash | -1.980M | -1.840M | 17.87M |
| YoY Change | 8.2% | 62.83% | -5063.89% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$1.890M | -$1.840M | $17.60M |
| Capital Expenditures | -$80.00K | $0.00 | -$10.00K |
| Free Cash Flow | -$1.810M | -$1.840M | $17.61M |
| YoY Change | 0.0% | 65.77% | -2512.33% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6746000 | USD |
| CY2011Q1 | us-gaap |
Revenues
Revenues
|
233000 | USD |
| CY2011Q2 | us-gaap |
Revenues
Revenues
|
20233000 | USD |
| CY2011Q3 | us-gaap |
Revenues
Revenues
|
0 | USD |
| CY2011Q4 | us-gaap |
Revenues
Revenues
|
0 | USD |
| CY2012Q1 | us-gaap |
Revenues
Revenues
|
0 | USD |
| CY2012Q2 | us-gaap |
Revenues
Revenues
|
0 | USD |
| CY2012Q3 | us-gaap |
Revenues
Revenues
|
0 | USD |
| CY2012Q4 | us-gaap |
Revenues
Revenues
|
0 | USD |
