2019 Form 10-K Financial Statement
#000155837020002943 Filed on March 19, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $0.00 |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $8.165M |
| YoY Change | 43.2% |
| % of Gross Profit | |
| Research & Development | $9.824M |
| YoY Change | 100.82% |
| % of Gross Profit | |
| Depreciation & Amortization | $1.351M |
| YoY Change | 277.37% |
| % of Gross Profit | |
| Operating Expenses | $17.99M |
| YoY Change | 43.64% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | $282.0K |
| YoY Change | 227.91% |
| % of Operating Profit | |
| Other Income/Expense, Net | $1.091M |
| YoY Change | 1168.6% |
| Pretax Income | -$19.48M |
| YoY Change | 169.75% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$19.48M |
| YoY Change | 60.85% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$2.489M |
| COMMON SHARES | |
| Basic Shares Outstanding | 7.827M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $6.033M |
| YoY Change | -26.04% |
| Cash & Equivalents | $6.033M |
| Short-Term Investments | |
| Other Short-Term Assets | $622.0K |
| YoY Change | 147.81% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $6.655M |
| YoY Change | -20.85% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $4.215M |
| YoY Change | 737.97% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $835.0K |
| YoY Change | |
| Total Long-Term Assets | $18.80M |
| YoY Change | 440.27% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $6.655M |
| Total Long-Term Assets | $18.80M |
| Total Assets | $25.45M |
| YoY Change | 114.11% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $547.0K |
| YoY Change | -24.97% |
| Accrued Expenses | $3.362M |
| YoY Change | 86.26% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $4.879M |
| YoY Change | 89.7% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $2.902M |
| YoY Change | 13090.91% |
| Total Long-Term Liabilities | $2.902M |
| YoY Change | 13090.91% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.879M |
| Total Long-Term Liabilities | $2.902M |
| Total Liabilities | $10.86M |
| YoY Change | 218.14% |
| 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 | $14.59M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $25.45M |
| YoY Change | 114.11% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$19.48M |
| YoY Change | 60.85% |
| Depreciation, Depletion And Amortization | $1.351M |
| YoY Change | 277.37% |
| Cash From Operating Activities | -$15.58M |
| YoY Change | 66.08% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$224.0K |
| YoY Change | -609.09% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $3.101M |
| YoY Change | |
| Cash From Investing Activities | $2.877M |
| YoY Change | -6638.64% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 8.975M |
| YoY Change | -27.92% |
| NET CHANGE | |
| Cash From Operating Activities | -15.58M |
| Cash From Investing Activities | 2.877M |
| Cash From Financing Activities | 8.975M |
| Net Change In Cash | -3.730M |
| YoY Change | -223.31% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$15.58M |
| Capital Expenditures | -$224.0K |
| Free Cash Flow | -$15.36M |
| YoY Change | 62.93% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7827197 |
