2012 Q4 Form 10-K Financial Statement
#000114420413015576 Filed on March 18, 2013
Income Statement
| Concept | 2012 Q4 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $1.080M | $1.770M | $1.350M |
| YoY Change | -20.0% | 4.12% | -44.21% |
| % of Gross Profit | |||
| Research & Development | $2.740M | $6.423M | $17.54M |
| YoY Change | -84.38% | 561.62% | 2336.11% |
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | $997.00 | $0.00 |
| YoY Change | 32.05% | -100.0% | |
| % of Gross Profit | |||
| Operating Expenses | $3.820M | $6.423M | $18.89M |
| YoY Change | -79.78% | 561.62% | 499.68% |
| Operating Profit | -$8.190M | ||
| YoY Change | 207.11% | ||
| Interest Expense | $30.00K | $20.00K | $30.00K |
| YoY Change | 0.0% | -55.22% | -100.48% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$3.790M | -$8.170M | -$18.86M |
| YoY Change | -79.9% | 200.37% | 101.28% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$3.791M | -$8.174M | -$18.86M |
| YoY Change | -79.9% | 200.24% | 101.27% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$1.463M | -$3.294M | -$7.544M |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 Q4 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $20.50M | $31.10M | $37.00M |
| YoY Change | -44.59% | 122.14% | 153.42% |
| Cash & Equivalents | $20.49M | $31.07M | $36.98M |
| Short-Term Investments | |||
| Other Short-Term Assets | $59.58K | $316.3K | $62.13K |
| YoY Change | -4.1% | 216.34% | |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $20.55M | $31.38M | $37.04M |
| YoY Change | -44.52% | 122.57% | 153.68% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $6.841K | $7.221K | $8.218K |
| YoY Change | -16.76% | ||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $0.00 | ||
| YoY Change | |||
| Total Long-Term Assets | $6.841K | $7.221K | $8.218K |
| YoY Change | -16.76% | ||
| TOTAL ASSETS | |||
| Total Short-Term Assets | $20.55M | $31.38M | $37.04M |
| Total Long-Term Assets | $6.841K | $7.221K | $8.218K |
| Total Assets | $20.56M | $31.39M | $37.05M |
| YoY Change | -44.51% | 122.63% | 153.74% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.847M | $3.143M | $2.342M |
| YoY Change | -21.13% | 3042.86% | 680.69% |
| Accrued Expenses | $898.2K | $710.0K | $171.0K |
| YoY Change | 425.27% | 255.0% | -14.5% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $2.700M | $3.853M | $2.513M |
| YoY Change | 7.44% | 1184.29% | 47.83% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| Other Long-Term Liabilities | $0.00 | ||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.700M | $3.853M | $2.513M |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $2.745M | $3.900M | $2.500M |
| YoY Change | 9.82% | 143.75% | -16.67% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | $12.93K | $12.44K | $12.41K |
| YoY Change | 4.26% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $17.81M | $27.54M | $34.53M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $20.56M | $31.39M | $37.05M |
| YoY Change | -44.51% | 122.63% | 153.74% |
Cashflow Statement
| Concept | 2012 Q4 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$3.791M | -$8.174M | -$18.86M |
| YoY Change | -79.9% | 200.24% | 101.27% |
| Depreciation, Depletion And Amortization | $0.00 | $997.00 | $0.00 |
| YoY Change | 32.05% | -100.0% | |
| Cash From Operating Activities | -$3.070M | -$6.090M | -$16.33M |
| YoY Change | -81.2% | 235.52% | 1249.59% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 0.000 | 180.7K | 20.00K |
| YoY Change | -100.0% | -85.62% | -99.87% |
| NET CHANGE | |||
| Cash From Operating Activities | -3.070M | -6.090M | -16.33M |
| Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
| Cash From Financing Activities | 0.000 | 180.7K | 20.00K |
| Net Change In Cash | -3.070M | -5.909M | -16.31M |
| YoY Change | -81.18% | 935.67% | -214.06% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$3.070M | -$6.090M | -$16.33M |
| Capital Expenditures | $0.00 | $0.00 | $0.00 |
| Free Cash Flow | -$3.070M | -$6.090M | -$16.33M |
| YoY Change | -81.2% | 233.32% | 1249.59% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2722478 | USD |
| CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6961511 | USD |
| CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5801381 | USD |
| CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18859360 | USD |
| CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8173876 | USD |
| CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7470048 | USD |
| CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5355397 | USD |
| CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3791109 | USD |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.38 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.97 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.50 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.52 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.66 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.59 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.41 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.29 |
