2013 Q2 Form 10-Q Financial Statement

#000110465913061786 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $4.467M $4.938M
YoY Change -9.54%
Cost Of Revenue $8.150M $6.600M
YoY Change 23.48%
Gross Profit -$3.680M -$1.665M
YoY Change 121.02%
Gross Profit Margin -82.38% -33.72%
Selling, General & Admin $2.190M $2.120M
YoY Change 3.3% -30.72%
% of Gross Profit
Research & Development $4.910M $5.130M
YoY Change -4.29% -61.54%
% of Gross Profit
Depreciation & Amortization $2.529M $1.997M
YoY Change 26.64% 324.89%
% of Gross Profit
Operating Expenses $9.050M $9.350M
YoY Change -3.21% -49.97%
Operating Profit -$261.9M -$11.01M
YoY Change 2278.14% -41.07%
Interest Expense -$890.0K $170.0K
YoY Change -623.53% 325.0%
% of Operating Profit
Other Income/Expense, Net -$894.0K $2.185M
YoY Change -140.92% 1816.67%
Pretax Income -$262.8M -$8.829M
YoY Change 2876.8% -52.47%
Income Tax -$45.02M -$1.189M
% Of Pretax Income
Net Earnings -$217.8M -$7.640M
YoY Change 2750.92% -58.9%
Net Earnings / Revenue -4875.98% -154.72%
Basic Earnings Per Share
Diluted Earnings Per Share -$127.40 -$5.38
COMMON SHARES
Basic Shares Outstanding 42.82M 35.49M shares
Diluted Shares Outstanding 35.49M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.00M $23.10M
YoY Change 29.87% -73.2%
Cash & Equivalents $29.99M $23.06M
Short-Term Investments $0.00
Other Short-Term Assets $900.0K $2.000M
YoY Change -55.0% 25.0%
Inventory $1.249M $5.672M
Prepaid Expenses
Receivables $1.312M $1.812M
Other Receivables $2.800M $2.900M
Total Short-Term Assets $36.17M $36.16M
YoY Change 0.04% -58.8%
LONG-TERM ASSETS
Property, Plant & Equipment $40.14M $282.6M
YoY Change -85.8% 1912.58%
Goodwill $487.0K $70.16M
YoY Change -99.31%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.200M $2.100M
YoY Change 4.76% 600.0%
Total Long-Term Assets $40.73M $353.0M
YoY Change -88.46% 2239.99%
TOTAL ASSETS
Total Short-Term Assets $36.17M $36.16M
Total Long-Term Assets $40.73M $353.0M
Total Assets $76.90M $389.2M
YoY Change -80.24% 278.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.100M $3.700M
YoY Change -43.24% 37.04%
Accrued Expenses $3.400M $2.800M
YoY Change 21.43% 86.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.98M $13.82M
YoY Change -13.28% 228.23%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $105.0K $240.0K
YoY Change -56.25% -68.25%
Total Long-Term Liabilities $105.0K $240.0K
YoY Change -56.25% -68.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.98M $13.82M
Total Long-Term Liabilities $105.0K $240.0K
Total Liabilities $14.62M $68.70M
YoY Change -78.72% 1283.77%
SHAREHOLDERS EQUITY
Retained Earnings -$432.3M -$134.0M
YoY Change 222.64% 52.15%
Common Stock $494.6M $454.6M
YoY Change 8.79% 143.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $62.28M $320.5M
YoY Change
Total Liabilities & Shareholders Equity $76.90M $389.2M
YoY Change -80.24% 278.38%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$217.8M -$7.640M
YoY Change 2750.92% -58.9%
Depreciation, Depletion And Amortization $2.529M $1.997M
YoY Change 26.64% 324.89%
Cash From Operating Activities -$5.490M -$9.290M
YoY Change -40.9% -48.25%
INVESTING ACTIVITIES
Capital Expenditures -$790.0K -$2.340M
YoY Change -66.24% 38.46%
Acquisitions
YoY Change
Other Investing Activities $50.00K $2.450M
YoY Change -97.96% 665.63%
Cash From Investing Activities -$740.0K $110.0K
YoY Change -772.73% -107.97%
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
NET CHANGE
Cash From Operating Activities -5.490M -9.290M
Cash From Investing Activities -740.0K 110.0K
Cash From Financing Activities 0.000 0.000
Net Change In Cash -6.230M -9.180M
YoY Change -32.14% -52.51%
FREE CASH FLOW
Cash From Operating Activities -$5.490M -$9.290M
Capital Expenditures -$790.0K -$2.340M
Free Cash Flow -$4.700M -$6.950M
YoY Change -32.37% -57.26%

Facts In Submission

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CY2011 aumn Adjustments To Additional Paid In Capital Options And Warrant Issued
AdjustmentsToAdditionalPaidInCapitalOptionsAndWarrantIssued
9853000 USD
CY2011 aumn Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
30674000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-287000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
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-62671000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
337768000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2012 aumn Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
7475000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
32000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-92025000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
979000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7074000 USD
CY2013Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
238020000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
238020000 USD
us-gaap Mineral Extraction Processing And Marketing Costs
MineralExtractionProcessingAndMarketingCosts
17017000 USD
CY2013Q2 us-gaap Assets
Assets
76896000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
14620000 USD
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1312000 USD
CY2013Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
2748000 USD
CY2013Q2 us-gaap Goodwill
Goodwill
487000 USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
97000 USD
CY2013Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2535000 USD
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
433000 USD
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
494154000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-432311000 USD
CY2013Q2 us-gaap Assets Current
AssetsCurrent
36169000 USD
aumn Exploration Expense Gross
ExplorationExpenseGross
2764000 USD
aumn Project Feasibility Expense
ProjectFeasibilityExpense
1673000 USD
aumn Project Expense
ProjectExpense
2921000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3530000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
979000 USD
aumn Reclamation Expense
ReclamationExpense
88000 USD
aumn Investment And Other Income Nonoperating
InvestmentAndOtherIncomeNonoperating
323000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-410000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-47495000 USD
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-5.09
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
78000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
35000 USD
aumn Foreign Currency Transaction Gain Loss On Loss Contingency
ForeignCurrencyTransactionGainLossOnLossContingency
260000 USD
aumn Foreign Currency Transaction Gain Loss On Loss Contingency
ForeignCurrencyTransactionGainLossOnLossContingency
118000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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aumn Foreign Currency Transaction Gain Loss On Deferred Tax Liability
ForeignCurrencyTransactionGainLossOnDeferredTaxLiability
189000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
60000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
425000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-133000 USD
aumn Fair Value Of Stock Or Warrants Received For Mineral Rights
FairValueOfStockOrWarrantsReceivedForMineralRights
101000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3236000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1860000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-767000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
979000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
523000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1812000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-241000 USD
us-gaap Business Exit Costs
BusinessExitCosts
2329000 USD
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
-299000 USD
us-gaap Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
1667000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-278000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1564000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
149000 USD
aumn Increase Decrease In Value Added Tax Receivable Net
IncreaseDecreaseInValueAddedTaxReceivableNet
-1674000 USD
aumn Increase Decrease In Value Added Tax Receivable Net
IncreaseDecreaseInValueAddedTaxReceivableNet
1409000 USD
aumn Increase Decrease In Reclamation Liability
IncreaseDecreaseInReclamationLiability
-6000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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aumn Increase Decrease In Deferred Leasehold Payments
IncreaseDecreaseInDeferredLeaseholdPayments
-88000 USD
aumn Increase Decrease In Deferred Leasehold Payments
IncreaseDecreaseInDeferredLeaseholdPayments
-48000 USD
CY2013Q2 us-gaap Business Exit Costs
BusinessExitCosts
2329000 USD
CY2013Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2200000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2500000 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
294831000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2960000 USD

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