2012 Q2 Form 10-Q Financial Statement

#000110465912055975 Filed on August 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $4.938M $0.00
YoY Change -100.0%
Cost Of Revenue $6.600M $0.00
YoY Change -100.0%
Gross Profit -$1.665M $0.00
YoY Change -100.0%
Gross Profit Margin -33.72%
Selling, General & Admin $2.120M $3.060M
YoY Change -30.72% 5.15%
% of Gross Profit
Research & Development $5.130M $13.34M
YoY Change -61.54% 107.79%
% of Gross Profit
Depreciation & Amortization $1.997M $470.0K
YoY Change 324.89% 42.42%
% of Gross Profit
Operating Expenses $9.350M $18.69M
YoY Change -49.97% 87.46%
Operating Profit -$11.01M -$18.69M
YoY Change -41.07% 585.58%
Interest Expense $170.0K $40.00K
YoY Change 325.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $2.185M $114.0K
YoY Change 1816.67% 26.67%
Pretax Income -$8.829M -$18.58M
YoY Change -52.47% 604.67%
Income Tax -$1.189M $16.00K
% Of Pretax Income
Net Earnings -$7.640M -$18.59M
YoY Change -58.9% 412.15%
Net Earnings / Revenue -154.72%
Basic Earnings Per Share -$1.24
Diluted Earnings Per Share -$5.38 -$1.24
COMMON SHARES
Basic Shares Outstanding 35.49M shares 14.99M shares
Diluted Shares Outstanding 35.49M shares 14.99M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.10M $86.20M
YoY Change -73.2% 116.58%
Cash & Equivalents $23.06M $85.00M
Short-Term Investments $0.00 $1.200M
Other Short-Term Assets $2.000M $1.600M
YoY Change 25.0% -11.11%
Inventory $5.672M
Prepaid Expenses
Receivables $1.812M
Other Receivables $2.900M
Total Short-Term Assets $36.16M $87.76M
YoY Change -58.8% 109.46%
LONG-TERM ASSETS
Property, Plant & Equipment $282.6M $14.04M
YoY Change 1912.58% 51.0%
Goodwill $70.16M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.100M $300.0K
YoY Change 600.0% -72.73%
Total Long-Term Assets $353.0M $15.09M
YoY Change 2239.99% 43.68%
TOTAL ASSETS
Total Short-Term Assets $36.16M $87.76M
Total Long-Term Assets $353.0M $15.09M
Total Assets $389.2M $102.9M
YoY Change 278.38% 96.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.700M $2.700M
YoY Change 37.04% 92.86%
Accrued Expenses $2.800M $1.500M
YoY Change 86.67% 66.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.82M $4.209M
YoY Change 228.23% 75.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $240.0K $756.0K
YoY Change -68.25% 26.0%
Total Long-Term Liabilities $240.0K $756.0K
YoY Change -68.25% 26.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.82M $4.209M
Total Long-Term Liabilities $240.0K $756.0K
Total Liabilities $68.70M $4.965M
YoY Change 1283.77% 65.5%
SHAREHOLDERS EQUITY
Retained Earnings -$134.0M -$88.07M
YoY Change 52.15%
Common Stock $454.6M $186.3M
YoY Change 143.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $320.5M $97.89M
YoY Change
Total Liabilities & Shareholders Equity $389.2M $102.9M
YoY Change 278.38% 96.28%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$7.640M -$18.59M
YoY Change -58.9% 412.15%
Depreciation, Depletion And Amortization $1.997M $470.0K
YoY Change 324.89% 42.42%
Cash From Operating Activities -$9.290M -$17.95M
YoY Change -48.25% 322.35%
INVESTING ACTIVITIES
Capital Expenditures -$2.340M -$1.690M
YoY Change 38.46% 4.97%
Acquisitions
YoY Change
Other Investing Activities $2.450M $320.0K
YoY Change 665.63% -134.78%
Cash From Investing Activities $110.0K -$1.380M
YoY Change -107.97% -45.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -9.290M -17.95M
Cash From Investing Activities 110.0K -1.380M
Cash From Financing Activities 0.000 0.000
Net Change In Cash -9.180M -19.33M
YoY Change -52.51% 182.19%
FREE CASH FLOW
Cash From Operating Activities -$9.290M -$17.95M
Capital Expenditures -$2.340M -$1.690M
Free Cash Flow -$6.950M -$16.26M
YoY Change -57.26% 515.91%

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Files In Submission

Name View Source Status
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