2009 Form 10-K Financial Statement
#000095012311015737 Filed on February 18, 2011
Income Statement
| Concept | 2009 | 2008 |
|---|---|---|
| Revenue | $100.5M | $96.20M |
| YoY Change | 4.47% | 89.0% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $39.90M | $27.10M |
| YoY Change | 47.23% | 15.81% |
| % of Gross Profit | ||
| Research & Development | $108.7M | $96.88M |
| YoY Change | 12.23% | -19.73% |
| % of Gross Profit | ||
| Depreciation & Amortization | $6.000M | $5.700M |
| YoY Change | 5.26% | 39.02% |
| % of Gross Profit | ||
| Operating Expenses | $108.7M | $96.88M |
| YoY Change | 12.23% | -32.77% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $500.0K | $4.300M |
| YoY Change | -88.37% | -67.42% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $600.0K | -$1.900M |
| YoY Change | -131.58% | 533.33% |
| Pretax Income | -$47.00M | -$25.50M |
| YoY Change | 84.31% | -68.2% |
| Income Tax | $600.0K | $700.0K |
| % Of Pretax Income | ||
| Net Earnings | -$47.60M | -$26.20M |
| YoY Change | 81.68% | -69.36% |
| Net Earnings / Revenue | -47.36% | -27.23% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$1.144M | -$637.5K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2009 | 2008 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $281.4M | $430.4M |
| YoY Change | -34.62% | 10.39% |
| Cash & Equivalents | $137.5M | $191.8M |
| Short-Term Investments | $143.9M | $238.6M |
| Other Short-Term Assets | $6.100M | $8.600M |
| YoY Change | -29.07% | 196.55% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $6.000M | $4.200M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $293.5M | $443.1M |
| YoY Change | -33.76% | 11.36% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $18.30M | $19.20M |
| YoY Change | -4.69% | 39.13% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $160.3M | $83.90M |
| YoY Change | 91.06% | 12.17% |
| Other Assets | $8.600M | $7.700M |
| YoY Change | 11.69% | 22.22% |
| Total Long-Term Assets | $187.9M | $111.6M |
| YoY Change | 68.37% | 16.37% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $293.5M | $443.1M |
| Total Long-Term Assets | $187.9M | $111.6M |
| Total Assets | $481.4M | $554.7M |
| YoY Change | -13.21% | 12.33% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $12.50M | $2.600M |
| YoY Change | 380.77% | -31.58% |
| Accrued Expenses | $9.800M | $9.300M |
| YoY Change | 5.38% | -20.51% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $110.7M | $99.50M |
| YoY Change | 11.26% | 19.16% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $192.7M | $253.1M |
| YoY Change | -23.86% | 21.57% |
| Total Long-Term Liabilities | $192.7M | $253.1M |
| YoY Change | -23.86% | 19.84% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $110.7M | $99.50M |
| Total Long-Term Liabilities | $192.7M | $253.1M |
| Total Liabilities | $303.4M | $352.6M |
| YoY Change | -13.95% | 19.69% |
| 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 | $178.0M | $202.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $481.4M | $554.7M |
| YoY Change | -13.21% | 12.33% |
Cashflow Statement
| Concept | 2009 | 2008 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$47.60M | -$26.20M |
| YoY Change | 81.68% | -69.36% |
| Depreciation, Depletion And Amortization | $6.000M | $5.700M |
| YoY Change | 5.26% | 39.02% |
| Cash From Operating Activities | -$72.10M | $65.50M |
| YoY Change | -210.08% | -66.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.900M | -$10.80M |
| YoY Change | -54.63% | 38.46% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $19.40M | $28.70M |
| YoY Change | -32.4% | -110.65% |
| Cash From Investing Activities | $14.40M | $17.90M |
| YoY Change | -19.55% | -106.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 3.500M | 3.200M |
| YoY Change | 9.38% | -94.54% |
| NET CHANGE | ||
| Cash From Operating Activities | -72.10M | 65.50M |
| Cash From Investing Activities | 14.40M | 17.90M |
| Cash From Financing Activities | 3.500M | 3.200M |
| Net Change In Cash | -54.20M | 86.60M |
| YoY Change | -162.59% | -488.34% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$72.10M | $65.50M |
| Capital Expenditures | -$4.900M | -$10.80M |
| Free Cash Flow | -$67.20M | $76.30M |
| YoY Change | -188.07% | -62.65% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2009 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
39914000 | USD |
| CY2010 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
106384000 | USD |
| CY2010 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
37727000 | USD |
| CY2009 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
108730000 | USD |
| CY2008 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
27115000 | USD |
| CY2008 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
96883000 | USD |
