2013 Q4 Form 10-Q Financial Statement

#000110465913081810 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue -$120.0K $500.0K $7.063M
YoY Change -101.56% -92.92%
Cost Of Revenue $0.00 $520.0K $8.570M
YoY Change -100.0% -93.93% 783.51%
Gross Profit -$120.0K -$20.00K -$1.510M
YoY Change -95.32% -98.68% 55.67%
Gross Profit Margin -4.0% -21.38%
Selling, General & Admin $1.270M $1.380M $2.240M
YoY Change -58.09% -38.39% -56.08%
% of Gross Profit
Research & Development $3.130M $3.810M $2.960M
YoY Change -34.11% 28.72% -70.87%
% of Gross Profit
Depreciation & Amortization $750.0K $1.083M $2.774M
YoY Change -77.88% -60.96% 286.89%
% of Gross Profit
Operating Expenses $11.92M $6.350M $7.760M
YoY Change 29.28% -18.17% -51.74%
Operating Profit -$12.04M -$6.374M -$66.47M
YoY Change 2.17% -90.41% 196.8%
Interest Expense -$150.0K $60.00K $530.0K
YoY Change -54.55% -88.68% -94.32%
% of Operating Profit
Other Income/Expense, Net $59.00K $544.0K
YoY Change -89.15% -94.26%
Pretax Income -$12.19M -$6.315M -$65.93M
YoY Change -8.89% -90.42% 410.61%
Income Tax -$2.090M -$104.0K -$2.614M
% Of Pretax Income
Net Earnings -$10.10M -$6.210M -$63.32M
YoY Change -7.68% -90.19% 439.35%
Net Earnings / Revenue -1242.0% -896.5%
Basic Earnings Per Share -$0.14 -$1.74
Diluted Earnings Per Share -$5.77 -$3.62 -$43.66
COMMON SHARES
Basic Shares Outstanding 43.22M shares 42.86M shares 36.32M shares
Diluted Shares Outstanding 36.32M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.10M $23.80M $54.00M
YoY Change -57.17% -55.93% -1.82%
Cash & Equivalents $19.15M $23.82M $53.56M
Short-Term Investments $0.00 $400.0K
Other Short-Term Assets $1.000M $800.0K $1.200M
YoY Change -9.09% -33.33% -62.5%
Inventory $449.0K $492.0K $5.170M
Prepaid Expenses
Receivables $25.00K $244.0K $1.199M
Other Receivables $1.900M $1.800M $3.000M
Total Short-Term Assets $22.48M $27.10M $64.56M
YoY Change -58.98% -58.02% 5.83%
LONG-TERM ASSETS
Property, Plant & Equipment $32.38M $39.42M $282.0M
YoY Change -88.47% -86.02% -25.47%
Goodwill $487.0K $12.94M
YoY Change -96.24%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.100M $2.200M $2.100M
YoY Change -19.23% 4.76% -44.74%
Total Long-Term Assets $32.41M $39.98M $295.2M
YoY Change -88.95% -86.45% -22.9%
TOTAL ASSETS
Total Short-Term Assets $22.48M $27.10M $64.56M
Total Long-Term Assets $32.41M $39.98M $295.2M
Total Assets $54.88M $67.08M $359.7M
YoY Change -84.23% -81.35% -18.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $800.0K $2.800M
YoY Change -82.93% -71.43% -41.67%
Accrued Expenses $600.0K $1.200M $3.200M
YoY Change -71.43% -62.5% -34.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.770M $8.064M $13.55M
YoY Change -56.64% -40.47% -59.2%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $53.00K $76.00K $217.0K
YoY Change -72.54% -64.98% -94.58%
Total Long-Term Liabilities $53.00K $76.00K $217.0K
YoY Change -72.54% -64.98% -94.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.770M $8.064M $13.55M
Total Long-Term Liabilities $53.00K $76.00K $217.0K
Total Liabilities $8.425M $10.71M $65.22M
YoY Change -86.59% -83.58% -45.92%
SHAREHOLDERS EQUITY
Retained Earnings -$448.6M -$438.5M -$197.3M
YoY Change 115.43% 122.25%
Common Stock $495.1M $494.9M $491.8M
YoY Change 0.3% 0.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $46.46M $56.37M $294.5M
YoY Change
Total Liabilities & Shareholders Equity $54.88M $67.08M $359.7M
YoY Change -84.23% -81.35% -18.94%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$10.10M -$6.210M -$63.32M
YoY Change -7.68% -90.19% 439.35%
Depreciation, Depletion And Amortization $750.0K $1.083M $2.774M
YoY Change -77.88% -60.96% 286.89%
Cash From Operating Activities -$4.440M -$6.650M -$4.480M
YoY Change -51.95% 48.44% -70.47%
INVESTING ACTIVITIES
Capital Expenditures -$330.0K $200.0K -$1.960M
YoY Change -86.8% -110.2% 42.03%
Acquisitions
YoY Change
Other Investing Activities $100.0K $280.0K $50.00K
YoY Change -96.11% 460.0% -100.56%
Cash From Investing Activities -$230.0K $480.0K -$1.910M
YoY Change -428.57% -125.13% -81.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $36.90M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 36.89M
YoY Change -100.0% -100.0% -901.96%
NET CHANGE
Cash From Operating Activities -4.440M -6.650M -4.480M
Cash From Investing Activities -230.0K 480.0K -1.910M
Cash From Financing Activities 0.000 0.000 36.89M
Net Change In Cash -4.670M -6.170M 30.50M
YoY Change -48.96% -120.23% -201.67%
FREE CASH FLOW
Cash From Operating Activities -$4.440M -$6.650M -$4.480M
Capital Expenditures -$330.0K $200.0K -$1.960M
Free Cash Flow -$4.110M -$6.850M -$2.520M
YoY Change -39.02% 171.83% -81.73%

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-438522000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-208246000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-90000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
56370000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
285272000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
67081000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
348102000 USD
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43327833 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43327833 shares
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43265833 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43265833 shares
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2535000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7118000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4583000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
198000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
36891000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
36891000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
4912000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-20583000 USD
aumn Project Feasibility Expense
ProjectFeasibilityExpense
2159000 USD
aumn Project Feasibility Expense
ProjectFeasibilityExpense
3574000 USD
CY2013Q3 aumn Project Expense
ProjectExpense
85000 USD
CY2012Q3 aumn Project Expense
ProjectExpense
767000 USD
aumn Project Expense
ProjectExpense
3006000 USD
aumn Project Expense
ProjectExpense
6291000 USD
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1078000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1934000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4608000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5787000 USD
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
305000 USD
CY2012Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
308000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1284000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
831000 USD
CY2013Q3 aumn Reclamation Expense
ReclamationExpense
47000 USD
CY2012Q3 aumn Reclamation Expense
ReclamationExpense
40000 USD
aumn Reclamation Expense
ReclamationExpense
135000 USD
aumn Reclamation Expense
ReclamationExpense
185000 USD
CY2012Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
57213000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
57213000 USD
CY2012Q3 us-gaap Other Operating Income
OtherOperatingIncome
264000 USD
us-gaap Other Operating Income
OtherOperatingIncome
3615000 USD
us-gaap Other Operating Income
OtherOperatingIncome
479000 USD
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
6874000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
73537000 USD
us-gaap Costs And Expenses
CostsAndExpenses
288644000 USD
us-gaap Costs And Expenses
CostsAndExpenses
108541000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-6374000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-66474000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-277847000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-90157000 USD
CY2013Q3 aumn Investment And Other Income Nonoperating
InvestmentAndOtherIncomeNonoperating
186000 USD
CY2012Q3 aumn Investment And Other Income Nonoperating
InvestmentAndOtherIncomeNonoperating
162000 USD
aumn Investment And Other Income Nonoperating
InvestmentAndOtherIncomeNonoperating
509000 USD
aumn Investment And Other Income Nonoperating
InvestmentAndOtherIncomeNonoperating
2323000 USD
CY2012Q3 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
14000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
371000 USD
CY2013Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-127000 USD
CY2012Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
368000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-537000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
802000 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
59000 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
544000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3496000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-63316000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
166000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
90000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
107000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6211000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-63150000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-230186000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-80980000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42827891 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42857347 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36318747 shares
us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.073 pure
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
131818000 USD
CY2011 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
5540000 USD
CY2011 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
1834000 USD
CY2011 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
224675000 USD
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
NetIncomeLossAvailableToCommonStockholdersBasic
-62671000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
337768000 USD
CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2589000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
29433000 USD
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
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
285272000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1284000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56370000 USD
CY2013Q3 aumn Shutdown And Care And Maintenance Costs
ShutdownAndCareAndMaintenanceCosts
2218000 USD
aumn Shutdown And Care And Maintenance Costs
ShutdownAndCareAndMaintenanceCosts
4547000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-100000 USD
CY2013Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.38
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.74
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.27
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35762251 shares

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