2015 Q3 Form 10-Q Financial Statement
#000162828015006417 Filed on August 10, 2015
Income Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
Revenue | $20.73M | $18.69M | $5.554M |
YoY Change | 279.6% | 236.44% | 16.12% |
Cost Of Revenue | $20.66M | $16.41M | $4.140M |
YoY Change | 464.24% | 296.43% | 32.82% |
Gross Profit | $77.00K | $2.274M | $1.414M |
YoY Change | -95.72% | 60.82% | -15.13% |
Gross Profit Margin | 0.37% | 12.17% | 25.46% |
Selling, General & Admin | $5.815M | $6.671M | $4.135M |
YoY Change | 35.52% | 61.33% | -0.96% |
% of Gross Profit | 7551.95% | 293.36% | 292.43% |
Research & Development | $2.406M | $2.754M | $1.959M |
YoY Change | 11.65% | 40.58% | 23.36% |
% of Gross Profit | 3124.68% | 121.11% | 138.54% |
Depreciation & Amortization | $4.610M | $2.240M | $370.0K |
YoY Change | 1145.95% | 505.41% | 1093.55% |
% of Gross Profit | 5987.01% | 98.5% | 26.17% |
Operating Expenses | $8.221M | $9.425M | $6.094M |
YoY Change | 27.54% | 54.66% | 5.74% |
Operating Profit | -$8.144M | -$7.151M | -$4.680M |
YoY Change | 75.33% | 52.8% | 14.23% |
Interest Expense | -$420.0K | -$490.0K | $0.00 |
YoY Change | 223.08% | -100.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$407.0K | -$496.0K | -$2.000K |
YoY Change | 215.5% | 24700.0% | -99.86% |
Pretax Income | -$8.551M | -$7.647M | -$4.682M |
YoY Change | 79.12% | 63.33% | -15.03% |
Income Tax | -$230.0K | $470.0K | -$70.00K |
% Of Pretax Income | |||
Net Earnings | -$8.322M | -$8.119M | -$4.610M |
YoY Change | 60.01% | 76.12% | -18.92% |
Net Earnings / Revenue | -40.14% | -43.45% | -83.0% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$145.3K | -$141.5K | -$123.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 57.34M shares | 57.17M | 37.44M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.600M | $6.200M | $18.70M |
YoY Change | -72.46% | -66.84% | 1068.75% |
Cash & Equivalents | $4.582M | $6.180M | $18.69M |
Short-Term Investments | |||
Other Short-Term Assets | $700.0K | $900.0K | $600.0K |
YoY Change | 16.67% | 50.0% | -50.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $14.48M | $12.66M | $5.106M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $19.76M | $19.72M | $24.43M |
YoY Change | -8.89% | -19.25% | 226.64% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.158M | $878.0K | $470.0K |
YoY Change | 174.41% | 86.81% | 9.3% |
Goodwill | $76.62M | $76.80M | $6.309M |
YoY Change | 1114.47% | 1117.32% | 30.35% |
Intangibles | $18.15M | $22.77M | $7.257M |
YoY Change | 162.58% | 213.79% | -34.75% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $100.0K | $100.0K | $100.0K |
YoY Change | -80.0% | 0.0% | -75.0% |
Total Long-Term Assets | $96.01M | $100.5M | $14.12M |
YoY Change | 576.86% | 612.04% | -16.06% |
TOTAL ASSETS | |||
Total Short-Term Assets | $19.76M | $19.72M | $24.43M |
Total Long-Term Assets | $96.01M | $100.5M | $14.12M |
Total Assets | $115.8M | $120.3M | $38.55M |
YoY Change | 222.74% | 211.99% | 58.63% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $13.17M | $10.69M | $3.504M |
YoY Change | 245.01% | 205.17% | -38.77% |
Accrued Expenses | $9.169M | $7.796M | $4.500M |
YoY Change | 286.39% | 73.24% | 7.14% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $3.300M | $3.450M | |
YoY Change | |||
Total Short-Term Liabilities | $29.84M | $28.06M | $9.084M |
YoY Change | 197.1% | 208.86% | -47.61% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.326M | $7.207M | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $7.326M | $7.207M | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $29.84M | $28.06M | $9.084M |
Total Long-Term Liabilities | $7.326M | $7.207M | $0.00 |
Total Liabilities | $37.17M | $35.26M | $9.084M |
YoY Change | 270.04% | 288.2% | -53.32% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$201.4M | -$193.1M | -$164.9M |
YoY Change | 18.39% | 17.07% | 11.97% |
Common Stock | $7.000K | $7.000K | $7.000K |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $71.00K | $71.00K | $71.00K |
YoY Change | 0.0% | 0.0% | 0.0% |
Treasury Stock Shares | 754.6K shares | 754.6K shares | 754.6K shares |
Shareholders Equity | $78.61M | $84.99M | $29.46M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $115.8M | $120.3M | $38.55M |
YoY Change | 222.74% | 211.99% | 58.63% |
Cashflow Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.322M | -$8.119M | -$4.610M |
YoY Change | 60.01% | 76.12% | -18.92% |
Depreciation, Depletion And Amortization | $4.610M | $2.240M | $370.0K |
YoY Change | 1145.95% | 505.41% | 1093.55% |
Cash From Operating Activities | -$1.330M | -$336.0K | -$3.135M |
YoY Change | -43.16% | -89.28% | 96.68% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$270.0K | -$340.0K | -$30.00K |
YoY Change | -1450.0% | 1033.33% | 50.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $10.00K | ||
YoY Change | -101.3% | ||
Cash From Investing Activities | -$270.0K | -$341.0K | -$22.00K |
YoY Change | -1000.0% | 1450.0% | -97.22% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -110.0K | -$140.0K | $0.00 |
YoY Change | -128.95% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -1.330M | -$336.0K | -$3.135M |
Cash From Investing Activities | -270.0K | -$341.0K | -$22.00K |
Cash From Financing Activities | -110.0K | -$140.0K | $0.00 |
Net Change In Cash | -1.710M | -$817.0K | -$3.157M |
YoY Change | -11.4% | -74.12% | -1105.41% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.330M | -$336.0K | -$3.135M |
Capital Expenditures | -$270.0K | -$340.0K | -$30.00K |
Free Cash Flow | -$1.060M | $4.000K | -$3.105M |
YoY Change | -55.08% | -100.13% | 97.27% |
Facts In Submission
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---|---|---|---|---|
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Cash And Cash Equivalents And Restricted Cash And Equivalents
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|
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793000 | USD |
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Fair Value Of Accrual Settlement
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|
381000 | USD |
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Interest Accretion Expense
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|
0 | USD |
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|
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Numberof Segmentson Call
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2 | |
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Payment Of Contingent Liability
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2015-06-30 | |
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Q1 | |
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Document Type
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10-Q | |
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Fair Value Assumptions Expected Dividend Rate
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28000 | USD |
CY2015Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
52000 | USD |
CY2014Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-10000 | USD |
CY2015Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2014Q2 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
2000 | USD |
CY2015Q2 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
-23000 | USD |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3374000 | USD |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5389000 | USD |
CY2015Q1 | us-gaap |
Goodwill
Goodwill
|
76747000 | USD |
CY2015Q2 | us-gaap |
Goodwill
Goodwill
|
76801000 | USD |
CY2015Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2015Q2 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
54000 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
1414000 | USD |
CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
2274000 | USD |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-4682000 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-7647000 | USD |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
|
-72000 | USD |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
|
472000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
561000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2575000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
354000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-3156000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
0 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
20000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
5000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
201000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
76000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-757000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
963000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-2886000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
554000 | USD |
CY2014Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
39000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-70000 | USD |
CY2015Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
28970000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
28970000 | USD |
CY2015Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
24936000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
22772000 | USD |
CY2014Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
3000 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-491000 | USD |
CY2014Q2 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
76000 | USD |
CY2015Q2 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
327000 | USD |
CY2015Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
32000 | USD |
CY2015Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
69000 | USD |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
31042000 | USD |
CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
35264000 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
122571000 | USD |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
120256000 | USD |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
23952000 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
28057000 | USD |
CY2014Q2 | us-gaap |
License Costs
LicenseCosts
|
3796000 | USD |
CY2015Q2 | us-gaap |
License Costs
LicenseCosts
|
14221000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3600000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3450000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
7090000 | USD |
CY2015Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
7207000 | USD |
CY2015Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
727000 | USD |
CY2015Q2 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
984000 | USD |
CY2014Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-140000 | USD |
CY2014Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-22000 | USD |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-318000 | USD |
CY2014Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3135000 | USD |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-359000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4610000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8119000 | USD |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2000 | USD |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-496000 | USD |
CY2015Q2 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | |
CY2015Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
6094000 | USD |
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
9425000 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4680000 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7151000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
2460000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
554000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
300000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
300000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
293000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
263000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
750000 | USD |
CY2014Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
136000 | USD |
CY2015Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
215000 | USD |
CY2015Q2 | us-gaap |
Other Commitment
OtherCommitment
|
1376000 | USD |
CY2015Q2 | us-gaap |
Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
|
1102000 | USD |
CY2015Q2 | us-gaap |
Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
|
274000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
38000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-49000 | USD |
CY2015Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3000000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
3139000 | USD |
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9000 | USD |
CY2015Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
17000 | USD |
CY2014Q2 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
32000 | USD |
CY2015Q2 | us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
318000 | USD |
CY2014Q2 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2015Q2 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
54000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
1000000 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
1000000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
100000 | shares |
CY2014Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
818000 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
100000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
100000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
100000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
100000 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
100000 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
640000 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
570000 | USD |
CY2014Q2 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
0 | USD |
CY2015Q2 | us-gaap |
Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
|
-150000 | USD |
CY2014Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2015Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
10000 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
787000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1105000 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
614000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
878000 | USD |
CY2014Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
CY2015Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-131000 | USD |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1959000 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2754000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
200000 | USD |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
200000 | USD |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-184955000 | USD |
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-193074000 | USD |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
5554000 | USD |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
18686000 | USD |
CY2014Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
761000 | USD |
CY2015Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1282000 | USD |
CY2015Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1294000 | USD |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
0 | USD |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
5000 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
8131 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
2037196 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
5533225 | shares |
CY2014Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
1461000 | USD |
CY2015Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
1266000 | USD |
CY2015Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
10000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
91529000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
84992000 | USD |
CY2015Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
754599 | shares |
CY2015Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
754599 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
71000 | USD |
CY2015Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
71000 | USD |
CY2015Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
4463000 | USD |
CY2015Q2 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
4924000 | USD |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
37424000 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
57388000 | shares |
CY2015Q2 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations of Credit Risk</font></div><div style="line-height:120%;padding-top:16px;text-indent:73px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments which potentially subject us to concentration of credit risk consist principally of cash and cash equivalents, and accounts receivable. We have placed cash and cash equivalents at high credit-quality institutions. In our content business most of our sales are made directly to large national mobile phone carriers. In our advertising business most of our sales are made either directly to advertisers or through advertising aggregators. We have a significant level of business and resulting significant accounts receivable balance with one operator and therefore have a high concentration of credit risk with that operator. We perform ongoing credit evaluations of our customers and maintain an allowance for potential credit losses. </font></div></div> | |
CY2015Q2 | us-gaap |
Nature Of Operations
NatureOfOperations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Digital Turbine, through its subsidiaries, innovates at the convergence of media and mobile communications, delivering end-to-end products and solutions for mobile operators, application advertisers, device OEMs and other third parties to enable them to effectively monetize mobile content and generate higher value user acquisition. The Company operates its business in </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> reportable segments - Advertising and Content.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Advertising business is comprised of products including:</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DT Ignite™, a mobile device management solution with targeted application distribution capabilities, </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DT IQ™, a customized user experience and application discovery tool,</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DT Media, an advertiser solution for unique and exclusive carrier and OEM inventory, and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Appia Core, a leading worldwide mobile user acquisition network. </font></div></td></tr></table><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Content business is comprised of products including: </font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DT Marketplace™, an application and content store, and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:112px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:88px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">DT Pay™, a content management and mobile payment solution.</font></div></td></tr></table><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">With global headquarters in Austin, Texas and offices in Durham, North Carolina, Berlin, Singapore, Sydney and Tel Aviv, Digital Turbine’s solutions are available worldwide.</font></div></div> |