2016 Q3 Form 10-Q Financial Statement
#000155335016002703 Filed on November 18, 2016
Income Statement
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| Revenue | $410.0K | $431.0K |
| YoY Change | -4.88% | 55.69% |
| Cost Of Revenue | $230.0K | |
| YoY Change | ||
| Gross Profit | $180.0K | $157.8K |
| YoY Change | 14.08% | 74.87% |
| Gross Profit Margin | 43.9% | 36.61% |
| Selling, General & Admin | $690.0K | $516.4K |
| YoY Change | 33.61% | 18.67% |
| % of Gross Profit | 383.33% | 327.3% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $70.00K | $4.122K |
| YoY Change | 1598.2% | |
| % of Gross Profit | 38.89% | 2.61% |
| Operating Expenses | $690.0K | $516.4K |
| YoY Change | 33.61% | 18.67% |
| Operating Profit | -$510.0K | -$358.7K |
| YoY Change | 42.2% | 3.97% |
| Interest Expense | -$300.0K | $493.00 |
| YoY Change | -60951.93% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$483.00 | |
| YoY Change | -7000.0% | |
| Pretax Income | -$810.0K | -$359.1K |
| YoY Change | 125.54% | 4.11% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$870.0K | -$359.1K |
| YoY Change | 142.25% | 4.11% |
| Net Earnings / Revenue | -212.2% | -83.32% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$0.02 | -$0.01 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 35.20M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $100.0K | $350.0K |
| YoY Change | -71.43% | |
| Cash & Equivalents | $100.0K | $350.0K |
| Short-Term Investments | ||
| Other Short-Term Assets | $110.0K | $80.00K |
| YoY Change | 37.5% | |
| Inventory | $1.050M | $1.066M |
| Prepaid Expenses | ||
| Receivables | $60.00K | $44.38K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.320M | $1.550M |
| YoY Change | -14.84% | 44.2% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $80.00K | $50.06K |
| YoY Change | 59.82% | 39.65% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $130.0K | $15.55K |
| YoY Change | 736.17% | -31.15% |
| Total Long-Term Assets | $888.5K | $815.0K |
| YoY Change | 9.01% | 41.11% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.320M | $1.550M |
| Total Long-Term Assets | $888.5K | $815.0K |
| Total Assets | $2.208M | $2.365M |
| YoY Change | -6.62% | 43.12% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $470.0K | $262.3K |
| YoY Change | 79.17% | 25.7% |
| Accrued Expenses | $0.00 | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $10.00K | $20.00K |
| YoY Change | -50.0% | |
| Total Short-Term Liabilities | $480.0K | $280.0K |
| YoY Change | 71.43% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $30.00K | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $30.00K | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $480.0K | $280.0K |
| Total Long-Term Liabilities | $30.00K | $0.00 |
| Total Liabilities | $510.0K | $280.9K |
| YoY Change | 81.55% | 25.33% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$5.566M | |
| YoY Change | 36.3% | |
| Common Stock | $7.600M | |
| YoY Change | 38.66% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $2.501K | |
| YoY Change | 0.0% | |
| Treasury Stock Shares | 360.0K shares | |
| Shareholders Equity | $1.700M | $2.084M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.210M | $2.365M |
| YoY Change | -6.56% | 43.12% |
Cashflow Statement
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$870.0K | -$359.1K |
| YoY Change | 142.25% | 4.11% |
| Depreciation, Depletion And Amortization | $70.00K | $4.122K |
| YoY Change | 1598.2% | |
| Cash From Operating Activities | -$480.0K | -$420.0K |
| YoY Change | 14.29% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$40.00K | -$20.00K |
| YoY Change | 100.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$40.00K | -$20.00K |
| YoY Change | 100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 510.0K | 520.0K |
| YoY Change | -1.92% | |
| NET CHANGE | ||
| Cash From Operating Activities | -480.0K | -420.0K |
| Cash From Investing Activities | -40.00K | -20.00K |
| Cash From Financing Activities | 510.0K | 520.0K |
| Net Change In Cash | -10.00K | 80.00K |
| YoY Change | -112.5% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$480.0K | -$420.0K |
| Capital Expenditures | -$40.00K | -$20.00K |
| Free Cash Flow | -$440.0K | -$400.0K |
| YoY Change | 10.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
USD | ||
| CY2016Q3 | us-gaap |
Assets
Assets
|
2208475 | USD |
| CY2015Q3 | us-gaap |
Assets
Assets
|
2365036 | USD |
