2016 Q2 Form 10-Q Financial Statement
#000114420416100413 Filed on May 10, 2016
Income Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
Revenue | $1.120M | $1.198M | $1.341M |
YoY Change | -16.46% | 3.44% | 41.2% |
Cost Of Revenue | $1.170M | $1.132M | $1.140M |
YoY Change | 2.63% | 2.64% | 4.59% |
Gross Profit | -$48.00K | $66.00K | $205.0K |
YoY Change | -123.42% | 19.57% | -250.53% |
Gross Profit Margin | -4.29% | 5.51% | 15.29% |
Selling, General & Admin | $1.520M | $1.211M | $1.150M |
YoY Change | 32.17% | 25.52% | 16.16% |
% of Gross Profit | 1834.85% | 561.08% | |
Research & Development | $140.0K | $183.0K | $160.0K |
YoY Change | -12.5% | 29.42% | -20.0% |
% of Gross Profit | 277.27% | 78.06% | |
Depreciation & Amortization | $140.0K | $140.0K | $150.0K |
YoY Change | -6.67% | 0.0% | -16.67% |
% of Gross Profit | 212.12% | 73.18% | |
Operating Expenses | $1.200M | $1.394M | $1.300M |
YoY Change | -7.69% | 26.02% | 10.17% |
Operating Profit | -$1.248M | -$1.327M | -$1.095M |
YoY Change | 13.97% | 26.26% | -16.8% |
Interest Expense | $70.00K | $0.00 | $70.00K |
YoY Change | 0.0% | -100.0% | -119.44% |
% of Operating Profit | |||
Other Income/Expense, Net | -$460.0K | $132.0K | $0.00 |
YoY Change | 35.44% | ||
Pretax Income | -$1.180M | -$1.200M | -$1.030M |
YoY Change | 14.56% | 26.32% | -38.69% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.185M | -$1.195M | -$1.035M |
YoY Change | 14.53% | 25.32% | -38.33% |
Net Earnings / Revenue | -105.8% | -99.75% | -77.17% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$21.44K | -$21.81K | -$18.76K |
COMMON SHARES | |||
Basic Shares Outstanding | 55.01M shares | 55.01M shares | 54.91M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.39M | $11.61M | $14.59M |
YoY Change | -15.08% | 14.27% | -17.48% |
Cash & Equivalents | $10.14M | $5.694M | $5.227M |
Short-Term Investments | $2.250M | $5.910M | $9.360M |
Other Short-Term Assets | $27.00K | $290.0K | $26.69K |
YoY Change | 1.15% | 31.82% | 0.0% |
Inventory | $334.0K | $457.3K | $404.0K |
Prepaid Expenses | |||
Receivables | $600.0K | $880.0K | $1.049M |
Other Receivables | $108.00 | $5.098K | $19.62K |
Total Short-Term Assets | $13.63M | $13.24M | $16.33M |
YoY Change | -16.52% | 11.36% | -15.04% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $577.0K | $415.7K | $574.8K |
YoY Change | 0.38% | -37.02% | -43.53% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.970M | $5.190M | $5.110M |
YoY Change | -41.88% | -48.87% | -5.37% |
Other Assets | $151.0K | $222.5K | $245.0K |
YoY Change | -38.38% | -65.76% | -7.21% |
Total Long-Term Assets | $4.473M | $6.556M | $6.678M |
YoY Change | -33.02% | -43.92% | -8.95% |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.63M | $13.24M | $16.33M |
Total Long-Term Assets | $4.473M | $6.556M | $6.678M |
Total Assets | $18.10M | $19.80M | $23.00M |
YoY Change | -21.31% | -16.05% | -13.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $610.0K | $730.0K | $500.0K |
YoY Change | 22.0% | 65.91% | -12.28% |
Accrued Expenses | $480.0K | $480.0K | $590.0K |
YoY Change | -18.64% | 9.09% | 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 | $1.094M | $1.212M | $1.092M |
YoY Change | 0.17% | 37.76% | -5.35% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $610.0K | $1.060M | $1.130M |
YoY Change | -46.02% | -4.5% | -21.53% |
Total Long-Term Liabilities | $610.0K | $1.060M | $1.130M |
YoY Change | -46.02% | -4.5% | -21.53% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.094M | $1.212M | $1.092M |
Total Long-Term Liabilities | $610.0K | $1.060M | $1.130M |
Total Liabilities | $1.701M | $2.271M | $2.221M |
YoY Change | -23.41% | 14.25% | -14.36% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$66.44M | -$65.26M | -$61.73M |
YoY Change | 7.63% | 7.51% | 6.34% |
Common Stock | $82.84M | $82.78M | $82.52M |
YoY Change | 0.39% | 150731.64% | 150757.52% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $0.00 | $0.00 | $8.390K |
YoY Change | -100.0% | -100.0% | 0.0% |
Treasury Stock Shares | 0.000 shares | 0.000 shares | 13.20K shares |
Shareholders Equity | $16.40M | $17.52M | $20.78M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $18.10M | $19.80M | $23.00M |
YoY Change | -21.31% | -16.06% | -13.36% |
Cashflow Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.185M | -$1.195M | -$1.035M |
YoY Change | 14.53% | 25.32% | -38.33% |
Depreciation, Depletion And Amortization | $140.0K | $140.0K | $150.0K |
YoY Change | -6.67% | 0.0% | -16.67% |
Cash From Operating Activities | -$1.200M | -$760.0K | -$630.0K |
YoY Change | 90.48% | -32.74% | -36.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$230.0K | -$210.0K | -$60.00K |
YoY Change | 283.33% | 425.0% | 200.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $5.880M | $5.980M | $4.750M |
YoY Change | 23.79% | 550.0% | -130.84% |
Cash From Investing Activities | $5.660M | $5.760M | $4.700M |
YoY Change | 20.43% | 562.07% | -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 | 0.000 | 0.000 | 70.00K |
YoY Change | -100.0% | -82.05% | |
NET CHANGE | |||
Cash From Operating Activities | -1.200M | -760.0K | -630.0K |
Cash From Investing Activities | 5.660M | 5.760M | 4.700M |
Cash From Financing Activities | 0.000 | 0.000 | 70.00K |
Net Change In Cash | 4.460M | 5.000M | 4.140M |
YoY Change | 7.73% | -2023.08% | -125.84% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.200M | -$760.0K | -$630.0K |
Capital Expenditures | -$230.0K | -$210.0K | -$60.00K |
Free Cash Flow | -$970.0K | -$550.0K | -$570.0K |
YoY Change | 70.18% | -49.54% | -41.24% |
Facts In Submission
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---|---|---|---|---|
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Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3533969 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2654343 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
55010619 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
54878297 | shares | |
isr |
Provision For Reduction Of Doubtful Accounts
ProvisionForReductionOfDoubtfulAccounts
|
0 | USD | |
isr |
Provision For Reduction Of Doubtful Accounts
ProvisionForReductionOfDoubtfulAccounts
|
8607 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
412170 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
439223 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
25494 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
34923 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
65933 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
60278 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
229442 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
64360 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-165339 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
116817 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
125536 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
104818 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-14517 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-43154 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-111 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
9171 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
233765 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-135198 | USD | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-26452 | USD | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P5Y4D | ||
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
38031 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
35044 | USD | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-23469 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-93630 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-146746 | USD | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-28641 | USD | |
us-gaap |
Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
-5633 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2675727 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2892464 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
259517 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
77963 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2992 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
14016 | USD | |
us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
9558812 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
6106994 | USD | |
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
9110673 | USD | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
4744580 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
106 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
40 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
3104018 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-3915514 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
70789 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
49940 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
145274 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
39308 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
205431 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
467599 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-6602547 | USD | |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7680073 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1077526 | USD |
isr |
Supplemental Common Stock Warrant Liability Reclassification
SupplementalCommonStockWarrantLiabilityReclassification
|
0 | USD | |
isr |
Supplemental Common Stock Warrant Liability Reclassification
SupplementalCommonStockWarrantLiabilityReclassification
|
17395 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10632 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10632 | USD | |
isr |
Federal Deposit Insurance Corporation Limits On Deposits In Financial Institutions
FederalDepositInsuranceCorporationLimitsOnDepositsInFinancialInstitutions
|
250000 | USD | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2774925 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2512859 | shares | |
CY2016Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
223588 | USD |
CY2015Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
143669 | USD |
CY2016Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
225978 | USD |
CY2016Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
7725 | USD |
CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7482445 | USD |
CY2015Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7114836 | USD |
CY2016Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
166066 | USD |
CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21452 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
229442 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
64360 | USD | |
CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
337350 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y4M2D | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
56260 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
133564 | shares | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2380060 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
2294065 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1966762 | shares |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y8M16D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P5Y7M28D | ||
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
289393 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
27469 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
145275 | USD | |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7001671 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
7001671 | shares |
CY2015Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
13200 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
282800 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
274200 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.48 | |
CY2016Q1 | isr |
Percentage Of Royalty Rate Payable
PercentageOfRoyaltyRatePayable
|
0.01 | pure |
CY2016Q1 | us-gaap |
Area Of Land
AreaOfLand
|
4.2 | acre |
CY2016Q1 | isr |
Number Of Employees Commitment
NumberOfEmployeesCommitment
|
25 | pure |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
385800 | shares |
CY2016Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
360800 | shares |
isr |
Class Of Warrant Or Right Expired In Period
ClassOfWarrantOrRightExpiredInPeriod
|
25000 | shares | |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.22 | |
CY2016Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.17 | |
isr |
Classofwarrantorrightexpiredinperiodweightedaverageexercisepriceofwarrantsorrights
Classofwarrantorrightexpiredinperiodweightedaverageexercisepriceofwarrantsorrights
|
2.00 | ||
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
6000 | USD | |
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
6000 | USD | |
us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
6000 | USD | |
CY2016Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
2000 | USD |
CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-6512 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
72200 | USD | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD | |
us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
8390 | USD | |
us-gaap |
Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
|
0 | USD | |
CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
30000 | USD |
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
30000 | USD |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
192998329 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
192998329 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
55010619 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
55010619 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
54967559 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
54967559 | shares |
CY2016Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px"> <div> </div> </td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <div><b><font style="BACKGROUND-COLOR: transparent"> 2.</font></b></div> </td> <td style="TEXT-ALIGN: justify"> <div><b><font style="BACKGROUND-COLOR: transparent">New Accounting Pronouncements</font></b></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><font style="BACKGROUND-COLOR: transparent">  </font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="BACKGROUND-COLOR: transparent">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></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="BACKGROUND-COLOR: transparent">  </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="BACKGROUND-COLOR: transparent">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.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="BACKGROUND-COLOR: transparent">  </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"><font style="BACKGROUND-COLOR: transparent">In January 2016, the FASB issued ASU No. 2016-01 – Financial Instruments – Overall. The guidance requires an entity’s management to measure equity investments except those accounted for under the equity method of accounting or those that result in consolidation of the investee to be measured at fair value; simplifies the impairment assessment of equity investments; eliminates the requirement to disclose the fair value of financial instruments measured at amortized cost for non-public entities: eliminates the requirement for a public entity to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (that is, securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early application is not permitted except as contained in the early adoption guidance.  The Company is currently evaluating the new standard and its impact on the Company's consolidated financial statements.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
CY2016Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7898120 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7689676 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
482500 | shares | |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
20000 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
462500 | shares |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10632 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10632 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
6000 | USD | |
CY2015Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
2000 | USD |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0051 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0151 | pure |