2019 Form 10-K Financial Statement
#000110465920039272 Filed on March 27, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $1.010M |
| YoY Change | -39.57% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $3.600M |
| YoY Change | -26.98% |
| % of Gross Profit | |
| Research & Development | $5.140M |
| YoY Change | -57.4% |
| % of Gross Profit | |
| Depreciation & Amortization | $170.0K |
| YoY Change | 7.83% |
| % of Gross Profit | |
| Operating Expenses | $8.740M |
| YoY Change | -48.58% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | $90.00K |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$7.640M |
| YoY Change | -49.7% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$7.640M |
| YoY Change | -49.71% |
| Net Earnings / Revenue | -756.44% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$2.059M |
| COMMON SHARES | |
| Basic Shares Outstanding | 3.711M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $9.890M |
| YoY Change | 36.23% |
| Cash & Equivalents | $3.900M |
| Short-Term Investments | $5.990M |
| Other Short-Term Assets | $570.0K |
| YoY Change | -43.56% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $10.54M |
| YoY Change | 24.44% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $440.0K |
| YoY Change | -22.81% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $120.0K |
| YoY Change | -20.0% |
| Total Long-Term Assets | $570.0K |
| YoY Change | -26.92% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $10.54M |
| Total Long-Term Assets | $570.0K |
| Total Assets | $11.11M |
| YoY Change | 20.11% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $900.0K |
| YoY Change | -28.57% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $900.0K |
| YoY Change | -28.57% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $3.380M |
| YoY Change | 0.0% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $3.380M |
| YoY Change | 0.0% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $900.0K |
| Total Long-Term Liabilities | $3.380M |
| Total Liabilities | $4.270M |
| YoY Change | -7.78% |
| 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 | $6.840M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $11.11M |
| YoY Change | 20.11% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$7.640M |
| YoY Change | -49.71% |
| Depreciation, Depletion And Amortization | $170.0K |
| YoY Change | 7.83% |
| Cash From Operating Activities | -$6.820M |
| YoY Change | -50.8% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $0.00 |
| YoY Change | -100.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$3.000M |
| YoY Change | -160.12% |
| Cash From Investing Activities | -$3.000M |
| YoY Change | -164.21% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 9.180M |
| YoY Change | 33.95% |
| NET CHANGE | |
| Cash From Operating Activities | -6.820M |
| Cash From Investing Activities | -3.000M |
| Cash From Financing Activities | 9.180M |
| Net Change In Cash | -640.0K |
| YoY Change | -72.61% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$6.820M |
| Capital Expenditures | $0.00 |
| Free Cash Flow | -$6.820M |
| YoY Change | -51.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3711333 |
