2014 Q2 Form 10-K Financial Statement

#000100190715000017 Filed on September 22, 2015

View on sec.gov

Income Statement

Concept 2014 Q2 2014 2013 Q2
Revenue $0.00 $130.0K $9.180M
YoY Change -100.0% -99.46% 20.63%
Cost Of Revenue $0.00 $0.00 $5.100M
YoY Change -100.0% -100.0% -14.86%
Gross Profit $0.00 $130.0K $4.080M
YoY Change -100.0% -98.43% 151.85%
Gross Profit Margin 100.0% 44.44%
Selling, General & Admin $3.100M $8.109M $1.450M
YoY Change 113.79% 19.25% -10.49%
% of Gross Profit 6237.69% 35.54%
Research & Development $710.0K $2.505M $590.0K
YoY Change 20.34% 19.29% 0.0%
% of Gross Profit 1926.92% 14.46%
Depreciation & Amortization $80.00K $310.0K $570.0K
YoY Change -85.96% -85.38% 14.0%
% of Gross Profit 238.46% 13.97%
Operating Expenses $3.810M $10.61M $2.040M
YoY Change 86.76% 19.26% -7.27%
Operating Profit -$3.810M -$10.48M $2.040M
YoY Change -286.76% 1647.33% -451.72%
Interest Expense $0.00 $0.00 -$40.00K
YoY Change -100.0% -100.0% -95.12%
% of Operating Profit -1.96%
Other Income/Expense, Net $11.00K
YoY Change
Pretax Income -$3.810M -$10.47M $2.000M
YoY Change -290.5% 1396.14% -241.84%
Income Tax -$2.780M -$4.148M $0.00
% Of Pretax Income 0.0%
Net Earnings -$820.0K -$4.960M $2.160M
YoY Change -137.96% 2380.0% -268.75%
Net Earnings / Revenue -3815.38% 23.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$210.3K -$1.282M $553.8K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.800M $3.800M $5.100M
YoY Change -25.49% -25.49% -50.0%
Cash & Equivalents $3.831M $3.800M $5.096M
Short-Term Investments
Other Short-Term Assets $1.800M $1.800M $500.0K
YoY Change 260.0% 260.0% -16.67%
Inventory $0.00
Prepaid Expenses
Receivables $59.00K $100.0K $5.300M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.684M $5.700M $10.90M
YoY Change -47.85% -47.71% -14.17%
LONG-TERM ASSETS
Property, Plant & Equipment $1.211M $1.200M $37.00M
YoY Change -96.73% -96.76% -0.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.90M $33.90M $100.0K
YoY Change 33800.0% 33800.0% 0.0%
Total Long-Term Assets $35.10M $35.10M $37.10M
YoY Change -5.4% -5.39% -0.54%
TOTAL ASSETS
Total Short-Term Assets $5.684M $5.700M $10.90M
Total Long-Term Assets $35.10M $35.10M $37.10M
Total Assets $40.78M $40.80M $48.00M
YoY Change -15.04% -15.0% -4.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $996.0K $1.000M $2.500M
YoY Change -60.16% -60.0% -16.67%
Accrued Expenses $1.753M $1.800M $2.400M
YoY Change -26.96% -25.0% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K
YoY Change 0.0%
Total Short-Term Liabilities $10.09M $10.10M $6.600M
YoY Change 52.92% 53.03% -16.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $5.700M
YoY Change -100.0% -100.0% -5.0%
Other Long-Term Liabilities $152.0K $400.0K $300.0K
YoY Change -49.33% 33.33%
Total Long-Term Liabilities $152.0K $400.0K $6.000M
YoY Change -97.47% -93.33% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.09M $10.10M $6.600M
Total Long-Term Liabilities $152.0K $400.0K $6.000M
Total Liabilities $10.48M $12.30M $15.30M
YoY Change -31.49% -19.61% -7.83%
SHAREHOLDERS EQUITY
Retained Earnings -$156.8M
YoY Change
Common Stock $183.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.0K
YoY Change
Treasury Stock Shares 311.7K shares
Shareholders Equity $28.50M $28.50M $32.70M
YoY Change
Total Liabilities & Shareholders Equity $40.78M $40.80M $48.00M
YoY Change -15.04% -15.0% -4.0%

Cashflow Statement

Concept 2014 Q2 2014 2013 Q2
OPERATING ACTIVITIES
Net Income -$820.0K -$4.960M $2.160M
YoY Change -137.96% 2380.0% -268.75%
Depreciation, Depletion And Amortization $80.00K $310.0K $570.0K
YoY Change -85.96% -85.38% 14.0%
Cash From Operating Activities $890.0K -$552.0K -$1.930M
YoY Change -146.11% -80.97% -59.02%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $150.0K -$910.0K
YoY Change -100.0% -108.11% 5.81%
Acquisitions
YoY Change
Other Investing Activities -$1.560M -$220.0K
YoY Change
Cash From Investing Activities -$1.560M -$368.0K -$910.0K
YoY Change 71.43% -80.11% 5.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $42.00K
YoY Change 5.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -60.00K -$345.0K -90.00K
YoY Change -33.33% 4.55% 0.0%
NET CHANGE
Cash From Operating Activities 890.0K -$552.0K -1.930M
Cash From Investing Activities -1.560M -$368.0K -910.0K
Cash From Financing Activities -60.00K -$345.0K -90.00K
Net Change In Cash -730.0K -$1.265M -2.930M
YoY Change -75.09% -75.1% -48.23%
FREE CASH FLOW
Cash From Operating Activities $890.0K -$552.0K -$1.930M
Capital Expenditures $0.00 $150.0K -$910.0K
Free Cash Flow $890.0K -$702.0K -$1.020M
YoY Change -187.25% -33.14% -73.51%

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DepreciationNonproduction
300000 USD
CY2014 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
We have a defined contribution retirement plan, which covers substantially all employees and officers. We have the right, but not an obligation, to make additional contributions to the plan in future years at the discretion of the Company’s Board of Directors.
CY2015 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
25400000 USD
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
4611000 USD
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
26739000 USD
CY2014 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
4154000 USD
CY2015 us-gaap Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
6138000 USD
CY2014Q2 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
33887000 USD
CY2015Q2 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 USD
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.52
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.37
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Gross Profit
GrossProfit
130000 USD
CY2015 us-gaap Gross Profit
GrossProfit
89000 USD
CY2015Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
14450000 USD
CY2015Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
11000 USD
CY2015Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
37000 USD
CY2015Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
14424000 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-5417000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-9823000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10473000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15887000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-6325000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9946000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.28
CY2015 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.52
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
457000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.02
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
1.04
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4148000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5941000 USD
CY2014 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
6000 USD
CY2015 us-gaap Income Tax Expense Benefit Continuing Operations Discontinued Operations Extraordinary Items
IncomeTaxExpenseBenefitContinuingOperationsDiscontinuedOperationsExtraordinaryItems
197000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-123000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4960000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40782000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
667000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-598000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-81000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
139000 USD
CY2014 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
0 USD
CY2015 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
190000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-194000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
368000 USD
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
256000 USD
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
62000 USD
CY2014 us-gaap Interest Paid
InterestPaid
235000 USD
CY2015 us-gaap Interest Paid
InterestPaid
62000 USD
CY2015Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
234000 USD
CY2014Q2 us-gaap Inventory Net
InventoryNet
0 USD
CY2015Q2 us-gaap Inventory Net
InventoryNet
509000 USD
CY2015Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
245000 USD
CY2015Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
30000 USD
CY2014Q2 us-gaap Investments
Investments
5655000 USD
CY2015Q2 us-gaap Investments
Investments
31677000 USD
CY2014Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
5655000 USD
CY2015Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
31651000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
300000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
300000 USD
CY2014Q2 us-gaap Liabilities
Liabilities
10482000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
2490000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
44218000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
10093000 USD
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
2389000 USD
CY2014Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
7344000 USD
CY2015Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2014Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
237000 USD
CY2015Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
CY2014Q3 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
50000 USD
CY2014Q2 us-gaap Long Term Investments
LongTermInvestments
0 USD
CY2015Q2 us-gaap Long Term Investments
LongTermInvestments
8516000 USD
CY2013Q2 us-gaap Minority Interest
MinorityInterest
2788000 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
1800000 USD
CY2015Q2 us-gaap Minority Interest
MinorityInterest
299000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2331000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-345000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9887000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
42000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-4232000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-368000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10247000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2015Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
31100000 USD
CY2015Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
11900000 USD
CY2014Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
8000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
422000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
224000 USD
CY2014Q2 us-gaap Notes Payable
NotesPayable
5655000 USD
CY2014Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
5655000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
10614000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-23000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-15000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
16200000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-10484000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-16111000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
152000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
19244000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-150000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-33945000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-552000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10858000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4431000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
101000 USD
CY2014 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
0 USD
CY2015Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-5513000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-4960000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
10778000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-908000 USD
CY2015 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
2435000 USD
CY2014 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2015 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
35418000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
88000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1403000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
505000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
109000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
150000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2268000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
355000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
346000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
389000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
296000 USD
CY2014 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
1000000 USD
CY2015 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
42000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
112000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
2241000 USD
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
422000 USD
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1500000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
-5868000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
10655000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3786000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6054000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1211000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3108000 USD
CY2015 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P5Y
CY2015 us-gaap Revenues
Revenues
513000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5028000 USD
CY2014 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.32
CY2015 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.32
CY2014 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
0 USD
CY2015 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
2331000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2505000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3234000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-156800000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-146022000 USD
CY2014 us-gaap Revenues
Revenues
130000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8109000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12966000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
646000 USD
CY2014 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
24.10
CY2015 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
3.2
CY2014Q2 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2015Q2 us-gaap Short Term Investments
ShortTermInvestments
23161000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
70000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
42000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
112000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
28500000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
41429000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35480000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
30300000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41728000 USD
CY2015Q2 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
500000 USD
CY2014 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
0 USD
CY2015 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
531000 USD
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
311660 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1120575 shares
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
237000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
2672000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2435000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
68000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
72000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
76000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
49000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
4000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
4000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000 USD
CY2014 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
100000 USD
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19487000 shares
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19811000 shares
CY2015 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
100000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2500000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4100000 USD
CY2015 astc Working Capital And Indemnity Holdback Related To Asset Sale
WorkingCapitalAndIndemnityHoldbackRelatedToAssetSale
<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;">Receivable &#8211; Indemnity Holdback Related to the Asset Sale</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2014, the Company completed the Asset Sale. The net purchase price was </font><font style="font-family:inherit;font-size:10pt;">$59.3 million</font><font style="font-family:inherit;font-size:10pt;">, which includes a working capital adjustment of $</font><font style="font-family:inherit;font-size:10pt;">1.7 million</font><font style="font-family:inherit;font-size:10pt;">. As of </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company has received cash of </font><font style="font-family:inherit;font-size:10pt;">$53.2 million</font><font style="font-family:inherit;font-size:10pt;"> and has recorded a receivable of </font><font style="font-family:inherit;font-size:10pt;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the indemnity holdback. The Company is currently not aware of any pending claims and does not believe any will materialize.</font></div></div>
CY2015 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<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-style:italic;font-weight:bold;">Multiple Element Arrangements</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We evaluate new or significantly modified contracts with customers to the extent the contracts includes multiple elements, to determine if the individual deliverables should be accounted for as separate units of accounting. When we determine that accounting for the deliverables as separate units is appropriate, we allocate the contract value to the deliverables based on the fair value of those deliverables. The contracts or contract modifications we evaluate for multiple elements may be both short and long-term in nature for services to be performed. </font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that directly affect the amounts reported in our consolidated financial statements and accompanying notes. Management continuously evaluates its critical accounting policies and estimates including those used in evaluating the recoverability of long-lived assets, valuation of inventory and the recognition and measurement of loss contingencies, if any.</font></div></div>

Files In Submission

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