2017 Q4 Form 10-K Financial Statement
#000151116418000217 Filed on April 06, 2018
Income Statement
| Concept | 2017 Q4 | 2017 | 2016 |
|---|---|---|---|
| Revenue | $60.00K | $122.8K | $95.15K |
| YoY Change | 200.0% | 29.01% | -13.84% |
| Cost Of Revenue | $30.00K | $44.47K | |
| YoY Change | |||
| Gross Profit | $20.00K | $78.28K | |
| YoY Change | |||
| Gross Profit Margin | 33.33% | 63.77% | |
| Selling, General & Admin | $240.0K | $650.0K | $436.7K |
| YoY Change | 300.0% | 48.85% | -71.24% |
| % of Gross Profit | 1200.0% | 830.4% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | $7.200K | $7.240K |
| YoY Change | -0.55% | 17.34% | |
| % of Gross Profit | 0.0% | 9.2% | |
| Operating Expenses | $300.0K | $791.1K | $506.7K |
| YoY Change | 233.33% | 56.12% | -69.92% |
| Operating Profit | -$280.0K | -$712.8K | |
| YoY Change | |||
| Interest Expense | -$1.200M | -$279.2K | -$56.23K |
| YoY Change | 380.0% | 396.53% | 15.55% |
| % of Operating Profit | |||
| Other Income/Expense, Net | -$190.0K | -$191.6K | |
| YoY Change | |||
| Pretax Income | -$1.670M | -$2.140M | -$665.1K |
| YoY Change | 421.88% | 221.74% | -81.48% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$1.670M | -$2.140M | -$665.1K |
| YoY Change | 421.88% | 221.74% | -81.48% |
| Net Earnings / Revenue | -2783.33% | -1743.15% | -698.95% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$8.783K | -$58.33M | -$20.56M |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 Q4 | 2017 | 2016 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $0.00 | $1.650K | $30.19K |
| YoY Change | -100.0% | -94.53% | 64.34% |
| Cash & Equivalents | $0.00 | $1.650K | $30.19K |
| Short-Term Investments | |||
| Other Short-Term Assets | $60.00K | $64.91K | $2.500K |
| YoY Change | 2496.4% | -93.7% | |
| Inventory | $10.00K | $9.830K | |
| Prepaid Expenses | |||
| Receivables | $10.00K | $6.080K | $13.74K |
| Other Receivables | $70.00K | $75.00K | $0.00 |
| Total Short-Term Assets | $160.0K | $157.5K | $46.44K |
| YoY Change | 220.0% | 239.08% | -43.72% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $10.00K | $11.15K | $14.38K |
| YoY Change | 0.0% | -22.46% | -18.48% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $0.00 | ||
| YoY Change | -100.0% | ||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $10.00K | $11.69K | $11.69K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Total Long-Term Assets | $60.00K | $61.84K | $90.54K |
| YoY Change | -33.33% | -31.7% | -7.4% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $160.0K | $157.5K | $46.44K |
| Total Long-Term Assets | $60.00K | $61.84K | $90.54K |
| Total Assets | $220.0K | $219.3K | $137.0K |
| YoY Change | 57.14% | 60.1% | -24.03% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $140.0K | $143.3K | $54.71K |
| YoY Change | 180.0% | 161.87% | 46.21% |
| Accrued Expenses | $160.0K | $161.3K | $185.9K |
| YoY Change | -15.79% | -13.21% | 488.32% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $190.0K | $193.5K | $58.32K |
| YoY Change | 216.67% | 231.79% | 629.0% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $1.950M | $1.949M | $651.6K |
| YoY Change | 200.0% | 199.15% | 746.08% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.950M | $1.949M | $651.6K |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $1.950M | $1.949M | $651.6K |
| YoY Change | 200.0% | 199.15% | 746.08% |
| 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 | -$1.730M | -$1.730M | -$514.6K |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $220.0K | $219.3K | $137.0K |
| YoY Change | 57.14% | 60.1% | -24.03% |
Cashflow Statement
| Concept | 2017 Q4 | 2017 | 2016 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.670M | -$2.140M | -$665.1K |
| YoY Change | 421.88% | 221.74% | -81.48% |
| Depreciation, Depletion And Amortization | $0.00 | $7.200K | $7.240K |
| YoY Change | -0.55% | 17.34% | |
| Cash From Operating Activities | -$80.00K | -$286.3K | -$142.4K |
| YoY Change | 100.0% | 101.0% | -57.79% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | ||
| YoY Change | -100.0% | ||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$80.00K | -$75.00K | $0.00 |
| YoY Change | -100.0% | ||
| Cash From Investing Activities | -$80.00K | -$75.00K | $0.00 |
| 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 | 150.0K | 332.8K | 154.3K |
| YoY Change | 150.0% | 115.72% | -45.88% |
| NET CHANGE | |||
| Cash From Operating Activities | -80.00K | -286.3K | -142.4K |
| Cash From Investing Activities | -80.00K | -75.00K | 0.000 |
| Cash From Financing Activities | 150.0K | 332.8K | 154.3K |
| Net Change In Cash | -10.00K | -28.54K | 11.82K |
| YoY Change | -150.0% | -341.46% | -114.4% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$80.00K | -$286.3K | -$142.4K |
| Capital Expenditures | $0.00 | ||
| Free Cash Flow | -$142.4K | ||
| YoY Change | -55.3% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
27900 | USD |
| CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
USD | |
| CY2017 | fil |
Officers And Directors Compensation
OfficersAndDirectorsCompensation
|
154406 | USD |
| CY2016 | fil |
Officers And Directors Compensation
OfficersAndDirectorsCompensation
|
180448 | USD |
| CY2017 | fil |
Consulting Fees
ConsultingFees
|
284741 | USD |
| CY2017 | us-gaap |
Interest Expense
InterestExpense
|
-279221 | USD |
| CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
231590 | USD |
| CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
30000 | USD |
| CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD |
