2015 Q4 Form 10-Q Financial Statement
#000114420415063851 Filed on November 09, 2015
Income Statement
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| Revenue | $1.189M | $1.261M | $1.341M |
| YoY Change | 11.58% | 21.01% | 41.2% |
| Cost Of Revenue | $1.162M | $1.178M | $1.140M |
| YoY Change | 5.3% | 7.38% | 4.59% |
| Gross Profit | $30.00K | $83.00K | $205.0K |
| YoY Change | -179.02% | -251.45% | -250.53% |
| Gross Profit Margin | 2.52% | 6.58% | 15.29% |
| Selling, General & Admin | $1.379M | $1.030M | $1.150M |
| YoY Change | 63.83% | 10.8% | 16.16% |
| % of Gross Profit | 4596.67% | 1241.12% | 561.08% |
| Research & Development | $58.00K | $143.9K | $160.0K |
| YoY Change | -58.76% | -18.52% | -20.0% |
| % of Gross Profit | 193.33% | 173.38% | 78.06% |
| Depreciation & Amortization | $137.5K | $136.7K | $150.0K |
| YoY Change | 1.74% | -19.59% | -16.67% |
| % of Gross Profit | 458.44% | 164.66% | 73.18% |
| Operating Expenses | $1.437M | $1.174M | $1.300M |
| YoY Change | 46.28% | 6.12% | 10.17% |
| Operating Profit | -$1.410M | -$1.091M | -$1.095M |
| YoY Change | 38.19% | -6.07% | -16.8% |
| Interest Expense | $0.00 | $950.00 | $70.00K |
| YoY Change | -72.47% | -119.44% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | $99.00K | $71.47K | $0.00 |
| YoY Change | -12.67% | -80.95% | |
| Pretax Income | -$1.310M | -$1.020M | -$1.030M |
| YoY Change | 43.96% | 29.11% | -38.69% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | -$1.312M | -$1.019M | -$1.035M |
| YoY Change | 44.66% | 29.67% | -38.33% |
| Net Earnings / Revenue | -110.34% | -80.81% | -77.17% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$23.81K | -$18.54K | -$18.76K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 55.01M shares | 55.01M shares | 54.91M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $12.60M | $13.48M | $14.59M |
| YoY Change | 10.72% | 11.4% | -17.48% |
| Cash & Equivalents | $679.0K | $1.588M | $5.227M |
| Short-Term Investments | $11.92M | $11.89M | $9.360M |
| Other Short-Term Assets | $220.0K | $260.0K | $26.69K |
| YoY Change | 0.0% | 4.0% | 0.0% |
| Inventory | $476.7K | $460.6K | $404.0K |
| Prepaid Expenses | |||
| Receivables | $980.0K | $1.130M | $1.049M |
| Other Receivables | $8.715K | $10.41K | $19.62K |
| Total Short-Term Assets | $14.28M | $15.34M | $16.33M |
| YoY Change | 11.37% | 11.75% | -15.04% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $335.8K | $441.9K | $574.8K |
| YoY Change | -55.9% | -48.34% | -43.53% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $5.160M | $5.140M | $5.110M |
| YoY Change | -48.91% | -48.86% | -5.37% |
| Other Assets | $233.0K | $240.4K | $245.0K |
| YoY Change | -7.13% | -7.05% | -7.21% |
| Total Long-Term Assets | $6.461M | $6.569M | $6.678M |
| YoY Change | -45.06% | -44.39% | -8.95% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $14.28M | $15.34M | $16.33M |
| Total Long-Term Assets | $6.461M | $6.569M | $6.678M |
| Total Assets | $20.74M | $21.91M | $23.00M |
| YoY Change | -15.62% | -14.22% | -13.36% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $680.0K | $410.0K | $500.0K |
| YoY Change | 38.78% | -19.61% | -12.28% |
| Accrued Expenses | $400.0K | $520.0K | $590.0K |
| YoY Change | -11.11% | 10.64% | 1.72% |
| 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 | $1.079M | $931.4K | $1.092M |
| YoY Change | 14.53% | -4.87% | -5.35% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $1.110M | $1.140M | $1.130M |
| YoY Change | -0.89% | 0.0% | -21.53% |
| Total Long-Term Liabilities | $1.110M | $1.140M | $1.130M |
| YoY Change | -0.89% | 0.0% | -21.53% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.079M | $931.4K | $1.092M |
| Total Long-Term Liabilities | $1.110M | $1.140M | $1.130M |
| Total Liabilities | $2.193M | $2.067M | $2.221M |
| YoY Change | 6.6% | -2.3% | -14.36% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$64.06M | -$62.75M | -$61.73M |
| YoY Change | 7.23% | 6.65% | 6.34% |
| Common Stock | $82.62M | $55.01K | $82.52M |
| YoY Change | 150441.23% | 0.24% | 150757.52% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $8.390K | $8.390K | $8.390K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Treasury Stock Shares | 13.20K shares | 13.20K shares | 13.20K shares |
| Shareholders Equity | $18.55M | $19.84M | $20.78M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $20.74M | $21.91M | $23.00M |
| YoY Change | -15.62% | -14.22% | -13.36% |
Cashflow Statement
| Concept | 2015 Q4 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.312M | -$1.019M | -$1.035M |
| YoY Change | 44.66% | 29.67% | -38.33% |
| Depreciation, Depletion And Amortization | $137.5K | $136.7K | $150.0K |
| YoY Change | 1.74% | -19.59% | -16.67% |
| Cash From Operating Activities | -$810.0K | -$1.110M | -$630.0K |
| YoY Change | 30.65% | -2.63% | -36.36% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$30.00K | $4.000K | -$60.00K |
| YoY Change | -25.0% | -46.33% | 200.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$50.00K | -$2.560M | $4.750M |
| YoY Change | -28.57% | -45.18% | -130.84% |
| Cash From Investing Activities | -$80.00K | -$2.580M | $4.700M |
| YoY Change | -27.27% | -44.87% | -130.48% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -10.00K | 50.00K | 70.00K |
| YoY Change | 0.0% | -77.27% | -82.05% |
| NET CHANGE | |||
| Cash From Operating Activities | -810.0K | -1.110M | -630.0K |
| Cash From Investing Activities | -80.00K | -2.580M | 4.700M |
| Cash From Financing Activities | -10.00K | 50.00K | 70.00K |
| Net Change In Cash | -900.0K | -3.640M | 4.140M |
| YoY Change | 21.62% | -35.0% | -125.84% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$810.0K | -$1.110M | -$630.0K |
| Capital Expenditures | -$30.00K | $4.000K | -$60.00K |
| Free Cash Flow | -$780.0K | -$1.114M | -$570.0K |
| YoY Change | 34.48% | -2.92% | -41.24% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
141500 | USD |
| CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
129500 | USD |
| CY2015Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
129540 | USD |
| CY2015Q3 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
96847 | USD |
| CY2015Q2 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
127515 | USD |
| CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
931384 | USD |
| CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1092194 | USD |
| CY2015Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
166000 | USD |
| CY2015Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
947849 | USD |
| CY2015Q2 | us-gaap |
Assets
Assets
|
23003284 | USD |
| CY2015Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
152465 | USD |
| CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
124131 | USD |
| CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
2221043 | USD |
| CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2015Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2015Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
30000 | USD |
| CY2015Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1049041 | USD |
| CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
460557 | USD |
| CY2015Q2 | us-gaap |
Inventory Net
InventoryNet
|
403955 | USD |
| CY2015Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
10406 | USD |
| CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
263597 | USD |
| CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
16325522 | USD |
| CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
441890 | USD |
| CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
574840 | USD |
| CY2015Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
181262 | USD |
| CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
181262 | USD |
| CY2015Q3 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
569854 | USD |
| CY2015Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
569854 | USD |
| CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
240403 | USD |
| CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
245031 | USD |
| CY2015Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
55013553 | shares |
| CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
54967559 | shares |
| CY2015Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
55014 | USD |
| CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
54968 | USD |
| CY2015Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
13200 | shares |
| CY2015Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
8390 | USD |
| CY2015Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
8390 | USD |
| CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-61731507 | USD |
| CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20782241 | USD |
| CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21908898 | USD |
| CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
23003284 | USD |
| CY2015Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
59 | USD |
| CY2015Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
59 | USD |
| CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2015Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2015Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
13200 | shares |
| CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
54967559 | shares |
| CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
143903 | USD |
| CY2014Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
176610 | USD |
| CY2015Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
278421 | USD |
| CY2014Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
353743 | USD |
| CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
751712 | USD |
| CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1174036 | USD |
| CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1106304 | USD |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1161106 | USD |
| CY2015Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
57417 | USD |
| CY2014Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
72695 | USD |
| CY2015Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
15000 | USD |
| CY2014Q3 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
306000 | USD |
| CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
3451 | USD |
| CY2015Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
71467 | USD |
| CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1019110 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-785862 | USD |
| CY2014Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2658 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-788520 | USD |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
| CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
55012901 | shares |
| CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
54868053 | shares |
| CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1261322 | USD |
| CY2014Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1042101 | USD |
| CY2015Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1177863 | USD |
| CY2014Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1096903 | USD |
| CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
83459 | USD |
| CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
-54802 | USD |
| CY2015Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
20725 | USD |
| CY2014Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
7734 | USD |
| CY2014Q3 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
19644 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
32312 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
81499 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
37889 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
47742 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-9209 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-47824 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-3048 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
46136 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-87221 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-65167 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
28334 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
14029 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
12000 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
12000 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-30668 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-4944 | USD |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1143186 | USD |
| CY2015Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3718 | USD |
| CY2014Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7453 | USD |
| CY2015Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
16097 | USD |
| CY2015Q3 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
6055737 | USD |
| CY2014Q3 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
22355 | USD |
| CY2015Q3 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
28341 | USD |
| CY2014Q3 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
4645139 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
USD | |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2576894 | USD |
| CY2015Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
46735 | USD |
| CY2014Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
145275 | USD |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
215686 | USD |
| CY2015Q3 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-3639731 | USD |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5604756 | USD |
| CY2015Q3 | isr |
Provision For Reduction Of Doubtful Accounts
ProvisionForReductionOfDoubtfulAccounts
|
USD | |
| CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5226740 | USD |
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7680073 | USD |
| CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
385800 | shares |
| CY2015Q3 | isr |
Class Of Warrant Or Right Expired In Period
ClassOfWarrantOrRightExpiredInPeriod
|
25000 | shares |
| CY2015Q3 | isr |
Class Of Warrant Or Right Expired In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExpiredInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
2.00 | |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
360800 | shares |
| CY2015Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.17 | |
| CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21453 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2364346 | shares |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.93 | |
| CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y6M7D | |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2075317 | USD |
| CY2015Q3 | isr |
Supplemental Common Stock Warrant Liability Reclassification
SupplementalCommonStockWarrantLiabilityReclassification
|
USD | |
| CY2014Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
169970 | USD |
| CY2015Q3 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
3526999 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
1.94 | |
| CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P4Y4M24D | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
570238 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1967880 | shares |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.96 | |
| CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P3Y6M18D | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
21654 | USD |
| CY2014Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
133564 | shares |
| CY2015Q3 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div class="CursorPointer"> <table cellpadding="0" cellspacing="0" style="font-family: 'Times New Roman', Times, serif; letter-spacing: normal; orphans: auto; text-indent: 0px; text-transform: none; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; width: 923px; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; margin-top: 0pt; margin-bottom: 0pt;"> <tr style="vertical-align: top; text-align: justify;"> <td style="width: 0in;"></td> <td style="width: 0.5in; text-align: left;"><b>2.</b></td> <td style="text-align: justify;"><b>New Accounting Pronouncements</b></td> </tr> </table> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"> </p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><font style="font-family: 'Times New Roman', Times, serif;">In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, "Revenue from Contracts with Customers" (ASU 2014-09), which supersedes the revenue recognition requirements in FASB Accounting Standards Codification (ASC) Topic 605, "Revenue Recognition". The guidance requires that an entity recognize revenue in a way that depicts the transfer of promised goods or services to customers in the amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods and services. The guidance will be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period, and is to be applied retrospectively, with early application not permitted. The Company is currently evaluating the new standard and its impact on the Company's consolidated financial statements.</font></p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify; text-indent: 27.5pt;"> </p> <p style="color: #000000; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px;">In July 2015, the FASB issued ASU No. 2015-11 – Inventory. The guidance requires an entity's management to measure inventory within the scope of this ASU at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early application is permitted.  The Company is currently evaluating the new standard and its impact on the Company's consolidated financial statements.</p> </div> </div> | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
591185 | USD |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
2267045 | shares |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
| CY2015Q3 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2015Q3 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3000 | USD |
| CY2014Q3 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3000 | USD |
| CY2015Q3 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
3000 | USD |
| CY2014Q3 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
3000 | USD |
| CY2015Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000728387 | |
| CY2015Q3 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2015Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
| CY2015Q3 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2015Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
55013553 | shares |
| CY2015Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
| CY2015Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2015Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2015Q3 | dei |
Trading Symbol
TradingSymbol
|
ISR | |
| CY2015Q3 | us-gaap |
Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
|
168000 | USD |
| CY2015Q3 | us-gaap |
Area Of Land
AreaOfLand
|
4.2 | acre |
| CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2784211 | shares |
| CY2014Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2636497 | shares |
| CY2015Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
264900 | USD |
| CY2015Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
156759 | USD |
| CY2015Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
38898 | USD |
| CY2015Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
55526 | USD |
| CY2015Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7689676 | USD |
| CY2015Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7251504 | USD |
| CY2015Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7114836 | USD |
| CY2015Q3 | us-gaap |
Depreciation
Depreciation
|
136668 | USD |
| CY2014Q3 | us-gaap |
Depreciation
Depreciation
|
169970 | USD |
| CY2015Q3 | isr |
Percentage Of Royalty Rate Payable
PercentageOfRoyaltyRatePayable
|
0.01 | pure |
| CY2015Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
192998329 | shares |
| CY2015Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
82546112 | USD |
| CY2015Q3 | isr |
Number Of Employees Commitment
NumberOfEmployeesCommitment
|
25 | item |
| CY2015Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
11891312 | USD |
| CY2015Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
9362574 | USD |
| CY2015Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
19615 | USD |
| CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
260549 | USD |
| CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
375244 | USD |
| CY2015Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2658 | USD |
| CY2015Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1021768 | USD |
| CY2015Q3 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
21487 | USD |
| CY2014Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21453 | USD |
| CY2015Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
56602 | USD |
| CY2015Q3 | us-gaap |
Assets Current
AssetsCurrent
|
15340373 | USD |
| CY2015Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
5135116 | USD |
| CY2015Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
5106775 | USD |
| CY2015Q3 | us-gaap |
Assets
Assets
|
21908898 | USD |
| CY2015Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
411032 | USD |
| CY2015Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
498253 | USD |
| CY2015Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
212795 | USD |
| CY2015Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
181000 | USD |
| CY2015Q3 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
969336 | USD |
| CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
2066720 | USD |
| CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7001671 | shares |
| CY2015Q3 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-83255 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-130779 | USD |
| CY2015Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
82467111 | USD |
| CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-62750617 | USD |
| CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19842178 | USD |
| CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
192998329 | shares |
| CY2015Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
55013553 | shares |
| CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7001671 | shares |
| CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
575951 | USD |
| CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1090577 | USD |
| CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
950 | USD |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-1109572 | USD |
| CY2014Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2296 | USD |
| CY2014Q3 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
13 | USD |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4677256 | USD |
| CY2015Q3 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | |
| CY2014Q3 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
70411 | USD |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
46735 | USD |
| CY2014Q3 | isr |
Provision For Reduction Of Doubtful Accounts
ProvisionForReductionOfDoubtfulAccounts
|
11321 | USD |
| CY2014Q3 | isr |
Supplemental Common Stock Warrant Liability Reclassification
SupplementalCommonStockWarrantLiabilityReclassification
|
17000 | USD |
| CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
136668 | USD |
| CY2014Q3 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
USD | |
| CY2015Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32312 | USD |
| CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
381596 | USD |
| CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y6M22D | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
583083 | USD |
| CY2015Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
45994 | shares |
| CY2015Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.22 | |
| CY2015Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-09-30 | |
| CY2015Q3 | dei |
Entity Registrant Name
EntityRegistrantName
|
IsoRay, Inc. | |
| CY2015Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
143669 | USD |
| CY2015Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
204760 | USD |
| CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7718394 | USD |
