2017 Q2 Form 10-Q Financial Statement

#000156459017016542 Filed on August 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $28.52M $0.00
YoY Change -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.900M $5.300M
YoY Change 30.19% 43.24%
% of Gross Profit
Research & Development $43.80M $30.90M
YoY Change 41.75% 330.24%
% of Gross Profit
Depreciation & Amortization $100.0K $46.00K
YoY Change 117.39% 43.75%
% of Gross Profit
Operating Expenses $50.66M $36.19M
YoY Change 39.98% 232.34%
Operating Profit -$22.14M -$36.19M
YoY Change -38.83% 232.34%
Interest Expense $608.0K $300.0K
YoY Change 102.67% 200.0%
% of Operating Profit
Other Income/Expense, Net $618.0K $409.0K
YoY Change 51.1% 104.5%
Pretax Income -$21.50M -$35.80M
YoY Change -39.94% 234.58%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$21.52M -$35.78M
YoY Change -39.86% 234.73%
Net Earnings / Revenue -75.45%
Basic Earnings Per Share -$0.53
Diluted Earnings Per Share -$0.53 -$947.1K
COMMON SHARES
Basic Shares Outstanding 40.82M
Diluted Shares Outstanding 40.82M

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $316.6M $161.1M
YoY Change 96.54% 41.25%
Cash & Equivalents $125.4M $46.18M
Short-Term Investments $191.2M $114.9M
Other Short-Term Assets $11.20M $3.900M
YoY Change 187.18% 85.71%
Inventory
Prepaid Expenses
Receivables $0.00
Other Receivables $0.00
Total Short-Term Assets $332.4M $192.5M
YoY Change 72.66% 24.24%
LONG-TERM ASSETS
Property, Plant & Equipment $2.900M $1.832M
YoY Change 58.3% 360.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M $1.281M
YoY Change 17.1% 320.0%
Total Long-Term Assets $4.400M $3.113M
YoY Change 41.34% 342.82%
TOTAL ASSETS
Total Short-Term Assets $332.4M $192.5M
Total Long-Term Assets $4.400M $3.113M
Total Assets $336.8M $195.6M
YoY Change 72.16% 25.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.20M $5.143M
YoY Change 98.33% 113.23%
Accrued Expenses $28.90M $15.79M
YoY Change 83.04% 352.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $181.6M $20.93M
YoY Change 767.57% 254.6%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $98.20M $9.000K
YoY Change 1091011.11% -10.0%
Total Long-Term Liabilities $98.20M $9.000K
YoY Change 1091011.11% -10.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $181.6M $20.93M
Total Long-Term Liabilities $98.20M $9.000K
Total Liabilities $279.8M $62.35M
YoY Change 348.78% 954.41%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $356.2M
YoY Change 30.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $57.00M $133.3M
YoY Change
Total Liabilities & Shareholders Equity $336.8M $195.6M
YoY Change 72.19% 25.65%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$21.52M -$35.78M
YoY Change -39.86% 234.73%
Depreciation, Depletion And Amortization $100.0K $46.00K
YoY Change 117.39% 43.75%
Cash From Operating Activities $24.37M -$26.95M
YoY Change -190.43% 122.54%
INVESTING ACTIVITIES
Capital Expenditures -$150.0K -$1.250M
YoY Change -88.0% 4066.67%
Acquisitions
YoY Change
Other Investing Activities -$31.54M $31.04M
YoY Change -201.61% -830.35%
Cash From Investing Activities -$31.69M $29.79M
YoY Change -206.38% -796.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 45.46M -90.00K
YoY Change -50611.11% -100.14%
NET CHANGE
Cash From Operating Activities 24.37M -26.95M
Cash From Investing Activities -31.69M 29.79M
Cash From Financing Activities 45.46M -90.00K
Net Change In Cash 38.14M 2.750M
YoY Change 1286.91% -94.31%
FREE CASH FLOW
Cash From Operating Activities $24.37M -$26.95M
Capital Expenditures -$150.0K -$1.250M
Free Cash Flow $24.52M -$25.70M
YoY Change -195.41% 112.75%

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