2016 Form 10-K Financial Statement
#000155837017001095 Filed on February 28, 2017
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $6.400M |
| YoY Change | -20.7% |
| Cost Of Revenue | $2.046M |
| YoY Change | -79.67% |
| Gross Profit | $4.354M |
| YoY Change | -318.36% |
| Gross Profit Margin | 68.03% |
| Selling, General & Admin | $4.483M |
| YoY Change | -4.52% |
| % of Gross Profit | 102.96% |
| Research & Development | $6.242M |
| YoY Change | 3.64% |
| % of Gross Profit | 143.36% |
| Depreciation & Amortization | $1.548M |
| YoY Change | -65.45% |
| % of Gross Profit | 35.55% |
| Operating Expenses | $10.68M |
| YoY Change | -27.51% |
| Operating Profit | -$6.321M |
| YoY Change | -62.2% |
| Interest Expense | -$2.685M |
| YoY Change | -156.23% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$10.66M |
| YoY Change | -58.01% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$10.66M |
| YoY Change | -58.01% |
| Net Earnings / Revenue | -166.55% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$130.5K |
| COMMON SHARES | |
| Basic Shares Outstanding | 81.65M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.922M |
| YoY Change | -29.57% |
| Cash & Equivalents | $2.588M |
| Short-Term Investments | $334.0K |
| Other Short-Term Assets | $578.0K |
| YoY Change | 28.16% |
| Inventory | $245.0K |
| Prepaid Expenses | |
| Receivables | $380.0K |
| Other Receivables | $648.0K |
| Total Short-Term Assets | $4.773M |
| YoY Change | -18.77% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $9.235M |
| YoY Change | -16.99% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $9.235M |
| YoY Change | -16.99% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $4.773M |
| Total Long-Term Assets | $9.235M |
| Total Assets | $14.01M |
| YoY Change | -17.6% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $344.0K |
| YoY Change | -42.57% |
| Accrued Expenses | $880.0K |
| YoY Change | 61.47% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $1.248M |
| YoY Change | -80.47% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $4.398M |
| YoY Change | 54.86% |
| Total Long-Term Liabilities | $4.398M |
| YoY Change | 54.86% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.248M |
| Total Long-Term Liabilities | $4.398M |
| Total Liabilities | $5.646M |
| YoY Change | -38.83% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $8.362M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $14.01M |
| YoY Change | -17.6% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$10.66M |
| YoY Change | -58.01% |
| Depreciation, Depletion And Amortization | $1.548M |
| YoY Change | -65.45% |
| Cash From Operating Activities | -$6.205M |
| YoY Change | -37.54% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$50.00K |
| YoY Change | 13.64% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $1.167M |
| YoY Change | 47.91% |
| Cash From Investing Activities | $1.117M |
| YoY Change | 49.93% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 3.599M |
| YoY Change | -23.23% |
| NET CHANGE | |
| Cash From Operating Activities | -6.205M |
| Cash From Investing Activities | 1.117M |
| Cash From Financing Activities | 3.599M |
| Net Change In Cash | -1.489M |
| YoY Change | -66.93% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$6.205M |
| Capital Expenditures | -$50.00K |
| Free Cash Flow | -$6.155M |
| YoY Change | -37.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81651896 |
