2017 Q1 Form 10-Q Financial Statement

#000114420417026909 Filed on May 12, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2016 Q1
Revenue $2.717M $3.765M $224.0K
YoY Change 1112.95% 40.54% -95.82%
Cost Of Revenue $130.0K $140.0K $100.0K
YoY Change 30.0% 40.0% -60.78%
Gross Profit $2.590M $3.620M $120.0K
YoY Change 2058.33% 40.31% -97.65%
Gross Profit Margin 95.33% 96.15% 53.57%
Selling, General & Admin $1.296M $1.120M $2.246M
YoY Change -42.3% -56.76% -2.22%
% of Gross Profit 50.04% 30.94% 1871.67%
Research & Development $711.0K $770.0K $1.014M
YoY Change -29.88% 10.0% 5.19%
% of Gross Profit 27.45% 21.27% 845.0%
Depreciation & Amortization $80.00K $90.00K $34.00K
YoY Change 135.29% 0.0% 13.33%
% of Gross Profit 3.09% 2.49% 28.33%
Operating Expenses $2.007M $1.900M $3.260M
YoY Change -38.44% -42.25% -0.03%
Operating Profit $582.0K $1.729M -$3.138M
YoY Change -118.55% -343.52% -307.54%
Interest Expense $177.0K -$200.0K $249.0K
YoY Change -28.92% -4.76% -19.16%
% of Operating Profit 30.41% -11.57%
Other Income/Expense, Net -$177.0K $0.00 -$246.0K
YoY Change -28.05% -9.89%
Pretax Income $405.0K $1.530M -$3.384M
YoY Change -111.97% -266.3% -373.12%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $405.0K $1.534M -$3.384M
YoY Change -111.97% -267.47% -373.12%
Net Earnings / Revenue 14.91% 40.74% -1510.71%
Basic Earnings Per Share $0.03 $0.13 -$0.28
Diluted Earnings Per Share $0.03 $0.13 -$0.28
COMMON SHARES
Basic Shares Outstanding 11.91M shares 11.84M shares
Diluted Shares Outstanding 12.08M shares 11.84M shares

Balance Sheet

Concept 2017 Q1 2016 Q4 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.840M $2.681M $10.97M
YoY Change -65.0% -79.88% -22.8%
Cash & Equivalents $3.843M $2.681M $782.0K
Short-Term Investments $0.00 $7.690M
Other Short-Term Assets $2.800M $2.770M $300.0K
YoY Change 833.33% -4.81% -3.23%
Inventory $0.00 $309.0K $200.0K
Prepaid Expenses
Receivables $40.00K $100.0K $140.0K
Other Receivables $50.00K $50.00K $30.00K
Total Short-Term Assets $6.738M $5.910M $11.63M
YoY Change -42.06% -58.19% -22.26%
LONG-TERM ASSETS
Property, Plant & Equipment $739.0K $867.0K $1.030M
YoY Change -28.25% -14.41% 6.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $180.0K
YoY Change -100.0% 20.0%
Total Long-Term Assets $2.118M $2.298M $2.790M
YoY Change -24.09% -18.68% -4.12%
TOTAL ASSETS
Total Short-Term Assets $6.738M $5.910M $11.63M
Total Long-Term Assets $2.118M $2.298M $2.790M
Total Assets $8.856M $8.208M $14.42M
YoY Change -38.59% -51.61% -19.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $209.0K $77.00K $380.0K
YoY Change -45.0% -30.0% 137.5%
Accrued Expenses $1.040M $703.0K $1.210M
YoY Change -14.05% 24.65% 14.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.798M $2.376M $2.575M
YoY Change 8.66% 2.41% 8.65%
Total Short-Term Liabilities $4.403M $3.487M $4.430M
YoY Change -0.61% 7.49% 17.82%
LONG-TERM LIABILITIES
Long-Term Debt $2.142M $2.979M $4.810M
YoY Change -55.47% -45.14% -34.56%
Other Long-Term Liabilities $600.0K $560.0K $430.0K
YoY Change 39.53% 43.59% 79.17%
Total Long-Term Liabilities $2.142M $2.979M $5.240M
YoY Change -59.12% -45.14% -30.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.403M $3.487M $4.430M
Total Long-Term Liabilities $2.142M $2.979M $5.240M
Total Liabilities $7.143M $7.025M $9.670M
YoY Change -26.13% -22.47% -14.8%
SHAREHOLDERS EQUITY
Retained Earnings -$374.3M -$374.7M
YoY Change 2.01%
Common Stock $376.0M $375.9M
YoY Change 0.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.713M $1.183M $4.750M
YoY Change
Total Liabilities & Shareholders Equity $8.856M $8.208M $14.42M
YoY Change -38.59% -51.61% -19.31%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2016 Q1
OPERATING ACTIVITIES
Net Income $405.0K $1.534M -$3.384M
YoY Change -111.97% -267.47% -373.12%
Depreciation, Depletion And Amortization $80.00K $90.00K $34.00K
YoY Change 135.29% 0.0% 13.33%
Cash From Operating Activities $1.298M $1.780M -$1.920M
YoY Change -167.6% -267.92% -188.48%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$10.00K $49.00K
YoY Change -100.0% 6.52%
Acquisitions
YoY Change
Other Investing Activities $310.0K $0.00 $3.180M
YoY Change -90.25% -100.0% 241.94%
Cash From Investing Activities $309.0K $0.00 $3.130M
YoY Change -90.13% -100.0% 255.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$445.0K -870.0K -410.0K
YoY Change 8.54% 8.75%
NET CHANGE
Cash From Operating Activities $1.298M 1.780M -1.920M
Cash From Investing Activities $309.0K 0.000 3.130M
Cash From Financing Activities -$445.0K -870.0K -410.0K
Net Change In Cash $1.162M 910.0K 800.0K
YoY Change 45.25% -208.33% -73.77%
FREE CASH FLOW
Cash From Operating Activities $1.298M $1.780M -$1.920M
Capital Expenditures $0.00 -$10.00K $49.00K
Free Cash Flow $1.298M $1.790M -$1.969M
YoY Change -165.92% -268.87% -192.7%

Facts In Submission

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Egalet may terminate the Egalet Agreement for convenience on 120 days prior written notice, which termination may not occur prior to the second anniversary of Egalet’s launch of Oxaydo. Termination does not affect a party’s rights accrued prior thereto, but there are no stated payments in connection with termination other than payments of obligations previously accrued. For all terminations (but not expiration), the Egalet Agreement provides for the transition of development and marketing of Oxaydo from Egalet to us, including the conveyance by Egalet to us of the trademarks and all regulatory filings and approvals relating to Oxaydo, and for Egalet’s supply of Oxaydo for a transition period.
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CY2016Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
3177000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
309000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
3128000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1162000 USD
CY2017Q1 us-gaap Costs And Expenses
CostsAndExpenses
2135000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12083000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11837000 shares
CY2017Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
36000 USD
CY2016Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
100000 USD
CY2016Q1 us-gaap Costs And Expenses
CostsAndExpenses
3362000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-24000 USD
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25000 USD
CY2016Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
34000 USD
CY2017Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
30000 USD
CY2016Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
40000 USD
CY2017Q1 acur Amortization Of Bond Premium In Marketable Securities
AmortizationOfBondPremiumInMarketableSecurities
0 USD
CY2016Q1 acur Amortization Of Bond Premium In Marketable Securities
AmortizationOfBondPremiumInMarketableSecurities
19000 USD
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
52000 USD
CY2016Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
52000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
0 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-12000 USD
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-103000 USD
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-74000 USD
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
33000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
132000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
337000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1298000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1922000 USD
CY2017Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
74000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-445000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-409000 USD
CY2016Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
409000 USD
CY2017Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0 USD
CY2016Q1 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-24000 USD
CY2017Q1 acur Increase Decrease In Collaboration Revenue Receivable
IncreaseDecreaseInCollaborationRevenueReceivable
-43000 USD
CY2016Q1 acur Increase Decrease In Collaboration Revenue Receivable
IncreaseDecreaseInCollaborationRevenueReceivable
0 USD
CY2017Q1 acur Increase Decrease In Royalty Receivable
IncreaseDecreaseInRoyaltyReceivable
2000 USD
CY2016Q1 acur Increase Decrease In Royalty Receivable
IncreaseDecreaseInRoyaltyReceivable
0 USD
CY2017Q1 acur Cash Cash Equivalent And Marketable Securities
CashCashEquivalentAndMarketableSecurities
3800000 USD
CY2017Q1 acur Working Capital
WorkingCapital
200000 USD
CY2017Q1 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
2500000 USD
CY2016Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
243000 USD
CY2016Q4 us-gaap Inventory Gross
InventoryGross
341000 USD
CY2016Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
98000 USD
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1833000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1858000 USD
CY2017Q1 acur Impairment Of Property Plant And Equipment Reserve
ImpairmentOfPropertyPlantAndEquipmentReserve
-82000 USD
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
173000 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
116000 USD
CY2017Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
173000 USD
CY2016Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
232000 USD
CY2017Q1 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
445000 USD
CY2017Q1 acur Debt Instrument Classification Amount
DebtInstrumentClassificationAmount
0 USD
CY2017Q1 acur Other Accrued Taxes Current
OtherAccruedTaxesCurrent
6000 USD
CY2016Q4 acur Other Accrued Taxes Current
OtherAccruedTaxesCurrent
1000 USD
CY2017Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
18000 USD
CY2016Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
16000 USD
CY2016Q4 acur Accrued Other Professional Fees Current
AccruedOtherProfessionalFeesCurrent
131000 USD
CY2017Q1 acur Marketing Advertising And Promotion
MarketingAdvertisingAndPromotion
5000 USD
CY2016Q4 acur Marketing Advertising And Promotion
MarketingAdvertisingAndPromotion
10000 USD
CY2017Q1 acur Accrued Other Professional Fees Current
AccruedOtherProfessionalFeesCurrent
136000 USD
CY2013Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
10000000 USD
CY2013Q4 acur Debt Default Long Term Debt Percentage
DebtDefaultLongTermDebtPercentage
0.1335 pure
CY2017Q1 us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
260000 USD
CY2017Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2018-12-01
CY2015Q1 acur Debt Instrument Cash Maintenance
DebtInstrumentCashMaintenance
2500000 USD
CY2016Q4 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
6000000 USD
CY2017Q1 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
50000 USD
CY2017Q1 acur Debt Consulting Placement Fee
DebtConsultingPlacementFee
100000 USD
CY2017Q1 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.1016 pure
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5500000 USD
CY2017Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5055000 USD
CY2017Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
20000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
98000 USD
CY2017Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
78000 USD
CY2017Q1 acur Classification Of Debt Discount Premium
ClassificationOfDebtDiscountPremium
0 USD
CY2016Q4 acur Debt Instrument Issuance Costs
DebtInstrumentIssuanceCosts
-47000 USD
CY2017Q1 acur Amortization Expense Of Debt Instrument Issuance Costs
AmortizationExpenseOfDebtInstrumentIssuanceCosts
10000 USD
CY2017Q1 acur Debt Instrument Issuance Costs
DebtInstrumentIssuanceCosts
-37000 USD
CY2017Q1 us-gaap Long Term Debt
LongTermDebt
4940000 USD
CY2017Q1 acur Classification Of Deferred Debt Issuance Costs
ClassificationOfDeferredDebtIssuanceCosts
0 USD
CY2017Q1 acur Interest Expense Debt Discount
InterestExpenseDebtDiscount
20000 USD
CY2016Q1 acur Interest Expense Debt Discount
InterestExpenseDebtDiscount
26000 USD
CY2017Q1 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
10000 USD
CY2016Q1 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
14000 USD
CY2016Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
209000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2077000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
10000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
335000 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
64000 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
0 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
271000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.18
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
1.36
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
0
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.14
CY2017Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
11881000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
11832000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
5000 shares
CY2017Q1 acur Incremental Common Shares Attributable To Conversion Of Common Stock
IncrementalCommonSharesAttributableToConversionOfCommonStock
11881000 shares
CY2016Q1 acur Incremental Common Shares Attributable To Conversion Of Common Stock
IncrementalCommonSharesAttributableToConversionOfCommonStock
11832000 shares
CY2017Q1 acur Incremental Common Shares Attributable To Restricted Stock
IncrementalCommonSharesAttributableToRestrictedStock
202000 shares
CY2016Q1 acur Incremental Common Shares Attributable To Restricted Stock
IncrementalCommonSharesAttributableToRestrictedStock
5000 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2017Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
148000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2978000 USD
CY2017Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2017Q1 dei Trading Symbol
TradingSymbol
ACUR
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
11883339 shares
CY2017Q1 us-gaap Interest Payable Current
InterestPayableCurrent
35000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7000 USD
CY2017Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
27000 USD
CY2017Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 USD
CY2016Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
32000 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
621000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
569000 USD
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01

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