2019 Q2 Form 10-Q Financial Statement

#000114420419025310 Filed on May 10, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2019 Q1 2018 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.300M $1.470M $1.580M
YoY Change -19.25% 10.53% 18.8%
% of Gross Profit
Research & Development $3.554M $3.456M $3.860M
YoY Change 140.14% 253.74% -345.86%
% of Gross Profit
Depreciation & Amortization $33.00K $44.00K $20.00K
YoY Change 6.45% 76.0% -33.33%
% of Gross Profit
Operating Expenses $3.554M $3.456M $5.440M
YoY Change 15.02% 253.74% -2366.67%
Operating Profit -$4.857M -$4.928M
YoY Change 57.34% 113.61%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$40.00K -$100.0K $50.00K
YoY Change -1100.0% 25.0%
Pretax Income -$4.900M -$5.030M -$5.380M
YoY Change 58.58% 118.7% -2021.43%
Income Tax
% Of Pretax Income
Net Earnings -$4.900M -$5.027M -$5.380M
YoY Change 58.58% 118.76% -2021.43%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$225.8K -$240.4K -$259.5K
COMMON SHARES
Basic Shares Outstanding 21.70M 29.49M 20.71M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2019 Q1 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.700M $6.230M $7.060M
YoY Change -84.52% 11.05% -9.02%
Cash & Equivalents $1.126M $3.238M $942.0K
Short-Term Investments $1.580M $2.990M $6.120M
Other Short-Term Assets $920.0K $1.230M $1.190M
YoY Change -20.69% 7.89% -0.83%
Inventory
Prepaid Expenses $1.103M $1.103M
Receivables $1.920M $800.0K $2.010M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.540M $8.257M $10.27M
YoY Change -71.68% 4.92% 6.72%
LONG-TERM ASSETS
Property, Plant & Equipment $3.300M $611.0K $651.0K
YoY Change 450.0% 49.02% 66.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.00K $3.594M $958.0K
YoY Change -96.51% 215.26% -46.78%
Total Long-Term Assets $3.320M $3.594M $958.0K
YoY Change 127.4% 133.38% -46.78%
TOTAL ASSETS
Total Short-Term Assets $5.540M $8.257M $10.27M
Total Long-Term Assets $3.320M $3.594M $958.0K
Total Assets $8.860M $11.85M $11.23M
YoY Change -57.85% 25.94% -1.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.770M $5.029M $4.548M
YoY Change 109.81% 54.26% 219.38%
Accrued Expenses $1.020M $2.246M $1.042M
YoY Change -30.61% 410.45% 27.54%
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 $10.54M $8.480M $6.212M
YoY Change 29.33% 51.97% 12.07%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.840M $3.050M
YoY Change
Total Long-Term Liabilities $2.840M $3.045M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $10.54M $8.480M $6.212M
Total Long-Term Liabilities $2.840M $3.045M $0.00
Total Liabilities $13.38M $11.53M $6.212M
YoY Change 64.17% 106.58% 12.07%
SHAREHOLDERS EQUITY
Retained Earnings -$99.05M -$94.02M
YoY Change 17.42%
Common Stock $98.34M $94.63M
YoY Change 10.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.516M $326.0K $5.016M
YoY Change
Total Liabilities & Shareholders Equity $8.860M $11.85M $11.23M
YoY Change -57.85% 25.94% -1.71%

Cashflow Statement

Concept 2019 Q2 2019 Q1 2018 Q4
OPERATING ACTIVITIES
Net Income -$4.900M -$5.027M -$5.380M
YoY Change 58.58% 118.76% -2021.43%
Depreciation, Depletion And Amortization $33.00K $44.00K $20.00K
YoY Change 6.45% 76.0% -33.33%
Cash From Operating Activities -$3.508M -$835.0K -$3.720M
YoY Change -6478.18% -60.72% 26.96%
INVESTING ACTIVITIES
Capital Expenditures $21.00K $4.000K -$110.0K
YoY Change -90.23% -91.11% 83.33%
Acquisitions
YoY Change
Other Investing Activities $1.410M $3.140M $4.080M
YoY Change -111.0% 7.9% 45.2%
Cash From Investing Activities $1.391M $3.131M $3.970M
YoY Change -110.67% 9.32% 44.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.000K 0.000 0.000
YoY Change -99.96% -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -3.508M -835.0K -3.720M
Cash From Investing Activities 1.391M 3.131M 3.970M
Cash From Financing Activities 5.000K 0.000 0.000
Net Change In Cash -2.112M 2.296M 250.0K
YoY Change 114.63% 200.92% 1150.0%
FREE CASH FLOW
Cash From Operating Activities -$3.508M -$835.0K -$3.720M
Capital Expenditures $21.00K $4.000K -$110.0K
Free Cash Flow -$3.529M -$839.0K -$3.610M
YoY Change 2105.63% -61.35% 25.78%

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<table style="width: 100%; border-collapse: collapse; border-spacing: 0px; table-layout: fixed;"><tr><td style="width:56.7pt; padding:0in 0in 0in 0in;vertical-align:top;">&#160;</td><td style="width: 28.35pt; padding: 0in; font-size: 10pt; line-height: 10pt;;vertical-align:top;"><div style="margin: 0px 0px 0px 0in; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; line-height: normal;"><div style="font-weight:bold;display:inline;">D.</div></div></td><td style="padding: 0in; font-size: 10pt; line-height: 10pt;;vertical-align:top;"><div style="text-align: justify; margin: 0px 0px 0px 0in; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; line-height: normal;"><div style="font-weight:bold;display:inline;">Use of estimates</div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px; background: none;"></div><div style="margin: 0px 0px 0px 85.05pt; text-align: justify; text-indent: -28.35pt; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none;"><div style="background: none;;font-weight:bold;display:inline;">&#160;</div></div><div style="margin: 0px 0px 0px 85.05pt; text-align: justify; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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Files In Submission

Name View Source Status
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0001144204-19-025310-index.html Edgar Link pending
0001144204-19-025310.txt Edgar Link pending
0001144204-19-025310-xbrl.zip Edgar Link pending
bcli-20190331.xml Edgar Link completed
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