2013 Q4 Form 10-K Financial Statement

#000119312515094038 Filed on March 16, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $9.232M $10.54M $10.15M
YoY Change -12.31% 27.75% 10.04%
Cost Of Revenue $4.939M $6.826M $5.747M
YoY Change -3.48% 54.75% 3.1%
Gross Profit $4.293M $3.716M $4.403M
YoY Change -20.66% -3.25% 20.63%
Gross Profit Margin 46.5% 35.25% 43.38%
Selling, General & Admin $7.430M $7.728M $7.954M
YoY Change 9.36% 24.26% 18.97%
% of Gross Profit 173.07% 207.97% 180.65%
Research & Development $4.618M $4.363M $3.506M
YoY Change 113.4% 129.27% 104.79%
% of Gross Profit 107.57% 117.41% 79.63%
Depreciation & Amortization $340.0K $130.0K $110.0K
YoY Change 112.5% -27.78% -42.11%
% of Gross Profit 7.92% 3.5% 2.5%
Operating Expenses $12.10M $12.14M $11.51M
YoY Change 34.3% 48.57% 36.24%
Operating Profit -$7.806M -$8.425M -$7.108M
YoY Change 116.95% 94.53% 48.11%
Interest Expense $1.800M $41.00K $107.0K
YoY Change -15.49% -69.85% -20.74%
% of Operating Profit
Other Income/Expense, Net $1.999M -$12.02M $438.0K
YoY Change 0.3% -1397.62% -85.07%
Pretax Income -$5.807M -$20.44M -$6.670M
YoY Change 261.81% 500.32% 257.45%
Income Tax $53.00K $60.00K $54.00K
% Of Pretax Income
Net Earnings -$5.860M -$20.50M -$6.724M
YoY Change 241.49% 492.51% 252.6%
Net Earnings / Revenue -63.47% -194.47% -66.25%
Basic Earnings Per Share -$0.08 -$0.29 -$0.10
Diluted Earnings Per Share -$0.10 -$0.29 -$0.10
COMMON SHARES
Basic Shares Outstanding 70.46M shares 69.79M shares 69.73M shares
Diluted Shares Outstanding 69.79M shares 71.93M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.70M $53.30M $58.20M
YoY Change 116.1% 99.63% 117.98%
Cash & Equivalents $29.49M $24.36M $58.20M
Short-Term Investments $28.20M $29.00M
Other Short-Term Assets $442.0K $394.0K $200.0K
YoY Change -78.31% -87.69% -80.0%
Inventory $13.06M $12.69M $12.76M
Prepaid Expenses $848.0K $1.071M $739.0K
Receivables $6.125M $7.025M $5.868M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $78.15M $74.50M $77.77M
YoY Change 77.64% 71.27% 90.61%
LONG-TERM ASSETS
Property, Plant & Equipment $2.189M $1.848M $1.641M
YoY Change 28.92% 2.67% -13.63%
Goodwill $1.316M $1.316M $1.316M
YoY Change 0.0%
Intangibles $1.344M $1.395M $1.445M
YoY Change -13.07%
Long-Term Investments
YoY Change
Other Assets $70.00K $72.00K $72.00K
YoY Change 18.64% -82.0% -82.0%
Total Long-Term Assets $5.227M $4.937M $4.778M
YoY Change 6.18% -5.06% -9.85%
TOTAL ASSETS
Total Short-Term Assets $78.15M $74.50M $77.77M
Total Long-Term Assets $5.227M $4.937M $4.778M
Total Assets $83.38M $79.44M $82.55M
YoY Change 70.45% 63.12% 79.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.674M $4.076M $5.035M
YoY Change -21.04% -28.49% 43.86%
Accrued Expenses $9.813M $12.06M $8.748M
YoY Change 28.8% 48.89% 32.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.400M $3.600M $2.200M
YoY Change -29.17% -26.53% -40.54%
Total Short-Term Liabilities $39.42M $42.59M $26.38M
YoY Change 53.92% 56.01% 16.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Other Long-Term Liabilities $1.073M $1.120M $1.145M
YoY Change -13.54% 1.82% -4.58%
Total Long-Term Liabilities $1.073M $1.120M $1.145M
YoY Change -13.54% -74.55% -76.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.42M $42.59M $26.38M
Total Long-Term Liabilities $1.073M $1.120M $1.145M
Total Liabilities $40.59M $43.79M $27.60M
YoY Change 36.14% 38.15% 0.37%
SHAREHOLDERS EQUITY
Retained Earnings -$503.2M -$497.3M -$476.8M
YoY Change 9.42%
Common Stock $546.0M $70.00K $70.00K
YoY Change 974858.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $42.80M $35.65M $54.95M
YoY Change
Total Liabilities & Shareholders Equity $83.38M $79.44M $82.55M
YoY Change 70.45% 63.12% 79.06%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income -$5.860M -$20.50M -$6.724M
YoY Change 241.49% 492.51% 252.6%
Depreciation, Depletion And Amortization $340.0K $130.0K $110.0K
YoY Change 112.5% -27.78% -42.11%
Cash From Operating Activities -$6.530M -$6.090M -$5.690M
YoY Change 126.74% 248.0% 5.57%
INVESTING ACTIVITIES
Capital Expenditures -$220.0K -$260.0K -$150.0K
YoY Change -1200.0% 550.0% 150.0%
Acquisitions
YoY Change
Other Investing Activities $650.0K -$29.17M -$10.00K
YoY Change -111.11%
Cash From Investing Activities $430.0K -$29.43M -$160.0K
YoY Change 2050.0% 73475.0% -633.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.23M 1.670M -5.110M
YoY Change 288.58% -6.7% -996.49%
NET CHANGE
Cash From Operating Activities -6.530M -6.090M -5.690M
Cash From Investing Activities 430.0K -29.43M -160.0K
Cash From Financing Activities 11.23M 1.670M -5.110M
Net Change In Cash 5.130M -33.85M -10.96M
YoY Change 17000.0% 3606440755835040000.0% 128.81%
FREE CASH FLOW
Cash From Operating Activities -$6.530M -$6.090M -$5.690M
Capital Expenditures -$220.0K -$260.0K -$150.0K
Free Cash Flow -$6.310M -$5.830M -$5.540M
YoY Change 117.59% 240.94% 3.94%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
95177692 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
112500000 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q2 dei Entity Public Float
EntityPublicFloat
268000000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
18313000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25497000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
19107000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
5903000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26696000
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
71859000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
71859000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
112500000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.46
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-503189000
CY2013Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
20390000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
89000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
545905000
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9813000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
42795000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1073000
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
726000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
83381000
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
673000
CY2013Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2722000
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
20390000
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
181000
CY2013Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
226000
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10405000 shares
CY2013Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
0
CY2013Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
400000
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
199000000
CY2013Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
0
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8584000
CY2013Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
20390000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
39424000
CY2013Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
7000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
72000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
5674000
CY2013Q4 us-gaap Liabilities
Liabilities
40586000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2527000
CY2013Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
3366000
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
89000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29485000
CY2013Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
155000
CY2013Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
763000
CY2013Q4 us-gaap Goodwill
Goodwill
1316000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2189000
CY2013Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
36834000
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
36841000
CY2013Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
199000000
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
308000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3300000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1344000
CY2013Q4 us-gaap Noncurrent Assets
NoncurrentAssets
3533000
CY2013Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
0
CY2013Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
3900000
CY2013Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
32100000
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
8200000
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
100000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10773000
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
30700000
CY2013Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
0
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
142500000
CY2013Q4 us-gaap Assets
Assets
83381000
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
6140000
CY2013Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1083000
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0
CY2013Q4 us-gaap Inventory Net
InventoryNet
13063000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6125000
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
36834000
CY2013Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
28191000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
4900000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1344000
CY2013Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5628000
CY2013Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1751000
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
442000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
70000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
78154000
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
30701000
CY2013Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
36841000
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
6134000
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2017000
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4863000
CY2013Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
848000
CY2013Q4 cers Deferred Tax Liabilities Amortization Of Intangible Assets
DeferredTaxLiabilitiesAmortizationOfIntangibleAssets
89000
CY2013Q4 cers Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
12300000
CY2013Q4 cers Cumulative Outstanding Trade Receivables Number Of Major Customers
CumulativeOutstandingTradeReceivablesNumberOfMajorCustomers
2 Customer
CY2013Q4 cers Accrued Inventory
AccruedInventory
3553000
CY2013Q4 cers Computer Equipment Gross
ComputerEquipmentGross
651000
CY2013Q4 cers Accrued Customer Costs Current
AccruedCustomerCostsCurrent
59000
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
80404000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
80404000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
10920000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
225000000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.13
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7006000 shares
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1172000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
93000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3003000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
81776000
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
875000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.70
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.08
CY2014Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
17100000 shares
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11323000 shares
CY2014Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
9872000
CY2014Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
100000
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
213100000
CY2014Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
100000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8820000
CY2014Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
10485000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2802000
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
29187000
CY2014Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-31000
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
80000
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31000
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
9882000
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-541944000
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
25000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1581000
CY2014Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
10485000
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
115000
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
583416000
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8444000
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
41521000
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1081000
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
851000
CY2014Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2123000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
10485000
CY2014Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
376000
CY2014Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
264000
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
163000
CY2014Q4 us-gaap Liabilities
Liabilities
40255000
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3951000
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
115000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
22781000
CY2014Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
0
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
891000
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2614000
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
10000000
CY2014Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
150000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
200000
CY2014Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
783000
CY2014Q4 us-gaap Goodwill
Goodwill
1316000
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3781000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
25517000
CY2014Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
33457000
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
33426000
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
213100000
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
508000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
25174000
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3200000
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1142000
CY2014Q4 us-gaap Noncurrent Assets
NoncurrentAssets
4923000
CY2014Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
1300000
CY2014Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
3700000
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
33800000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
200000
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
12734000
CY2014Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
123000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12601000
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
19324000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
27752000
CY2014Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
1800000
CY2014Q4 us-gaap Cost Method Investments
CostMethodInvestments
0
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
151100000
CY2014Q4 us-gaap Assets
Assets
81776000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
5699000
CY2014Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2913000
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
200000
CY2014Q4 us-gaap Inventory Net
InventoryNet
14956000
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5493000
CY2014Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
33457000
CY2014Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
28513000
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
5800000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
200000
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1142000
CY2014Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5638000
CY2014Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1351000
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1932000
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
144000
CY2014Q4 us-gaap Assets Current
AssetsCurrent
74885000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
5705000
CY2014Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
200000
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
27727000
CY2014Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
33426000
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2017000
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2222000
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1210000
CY2014Q4 cers Operating Loss Carryforwards Related To Windfall Stock Option Deductions
OperatingLossCarryforwardsRelatedToWindfallStockOptionDeductions
2200000
CY2014Q4 cers Debt Instrument Carrying Non Current
DebtInstrumentCarryingNonCurrent
10000000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal And Interest In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearFour
3227000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest In Year Four
LongTermDebtMaturitiesRepaymentsOfInterestInYearFour
224000
CY2014Q4 cers Long Term Purchase Commitment Amount Due Within One Year
LongTermPurchaseCommitmentAmountDueWithinOneYear
8500000
CY2014Q4 cers Outstanding Liability Related To Leasehold Improvements Current And Non Current
OutstandingLiabilityRelatedToLeaseholdImprovementsCurrentAndNonCurrent
600000
CY2014Q4 cers Debt Instrument Unamortized Noncurrent
DebtInstrumentUnamortizedNoncurrent
128000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal And Interest
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterest
12690000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest In Year Three
LongTermDebtMaturitiesRepaymentsOfInterestInYearThree
425000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest
LongTermDebtMaturitiesRepaymentsOfInterest
2690000
CY2014Q4 cers Deferred Tax Liabilities Amortization Of Intangible Assets
DeferredTaxLiabilitiesAmortizationOfIntangibleAssets
115000
CY2014Q4 cers Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
100000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal And Interest In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInNextTwelveMonths
695000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
3227000
CY2014Q4 cers Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
15500000
CY2014Q4 cers Cumulative Outstanding Trade Receivables Number Of Major Customers
CumulativeOutstandingTradeReceivablesNumberOfMajorCustomers
1 Customer
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest In Year Five
LongTermDebtMaturitiesRepaymentsOfInterestInYearFive
733000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest In Year Two
LongTermDebtMaturitiesRepaymentsOfInterestInYearTwo
613000
CY2014Q4 cers Accrued Inventory
AccruedInventory
870000
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal And Interest In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearTwo
3227000
CY2014Q4 cers Computer Equipment Gross
ComputerEquipmentGross
663000
CY2014Q4 cers Debt Instrument Unamortized Current
DebtInstrumentUnamortizedCurrent
0
CY2014Q4 cers Long Term Debt Maturities Repayments Of Principal And Interest In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearFive
2314000
CY2014Q4 cers Leasehold Improvement Reflected In Other Non Current Liabilities
LeaseholdImprovementReflectedInOtherNonCurrentLiabilities
500000
CY2014Q4 cers Long Term Purchase Commitment Amount Due Within Two Years
LongTermPurchaseCommitmentAmountDueWithinTwoYears
2300000
CY2014Q4 cers Operating Leases Future Minimum Payments Due In Five Years And Thereafter
OperatingLeasesFutureMinimumPaymentsDueInFiveYearsAndThereafter
0
CY2014Q4 cers Options And Other Stock Based Awards
OptionsAndOtherStockBasedAwards
11300000 shares
CY2014Q4 cers Long Term Debt Maturities Repayments Of Interest In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfInterestInNextTwelveMonths
695000
CY2014Q4 cers Debt Instrument Carrying Current
DebtInstrumentCarryingCurrent
0
CY2014Q4 cers Sales And Marketing Related Expenses Accrued
SalesAndMarketingRelatedExpensesAccrued
100000
CY2014Q4 cers Leasehold Improvement Reflected In Accrued Liabilities
LeaseholdImprovementReflectedInAccruedLiabilities
100000
CY2014Q4 cers Accrued Customer Costs Current
AccruedCustomerCostsCurrent
385000
CY2010 cers Proceeds From Landlord Financing Leasehold Improvement
ProceedsFromLandlordFinancingLeaseholdImprovement
1100000
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.64
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.03
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-26662000
CY2013 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
8500000
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67569000 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.64
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16370000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67569000 shares
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
61454000
CY2013 us-gaap Revenue From Grants
RevenueFromGrants
0
CY2013 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2733000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-43337000
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
14000
CY2013 us-gaap Gross Profit
GrossProfit
17055000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
916000
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
39657000
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7568000
CY2013 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
30146000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-286000
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1813000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
15099000
CY2013 us-gaap Payments For Royalties
PaymentsForRoyalties
3000000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
-28299000
CY2013 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-56000
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
533000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-43330000
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14820000
CY2013 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
0
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
146000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-43119000
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
78000
CY2013 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2013 us-gaap Revenues
Revenues
39657000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
663000
CY2013 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
25000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-43337000
CY2013 us-gaap Interest Paid
InterestPaid
294000
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1681000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3268000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
7000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-44035000
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3268000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
27000
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
745000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
22000
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
104000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
600000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
21000
CY2013 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
9955000
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3102000
CY2013 cers Settlements Of Warranty Claims
SettlementsOfWarrantyClaims
1272000
CY2013 cers Issuance Of Common Stock From Exercise Of Stock Options Or Warrants And Purchases From Employee Stock Purchase Plans Value
IssuanceOfCommonStockFromExerciseOfStockOptionsOrWarrantsAndPurchasesFromEmployeeStockPurchasePlansValue
2296000
CY2013 cers Income Tax Reconciliation Change In Fair Value Of Warrants
IncomeTaxReconciliationChangeInFairValueOfWarrants
4926000
CY2013 cers Income Tax Reconciliation Expiration Of Federal Net Operating Losses
IncomeTaxReconciliationExpirationOfFederalNetOperatingLosses
0
CY2013 cers Income Tax Reconciliation Nondeductible Expense Lobbying Expenses
IncomeTaxReconciliationNondeductibleExpenseLobbyingExpenses
107000
CY2013 cers Payment For Manufacturing Of Entity Products
PaymentForManufacturingOfEntityProducts
15000000
CY2013 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
15187000
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
191000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
191000
CY2013 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1512000
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1631000
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
3268000
CY2013 us-gaap Interest Expense
InterestExpense
332000
CY2013 us-gaap Operating Expenses
OperatingExpenses
45354000
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29965000
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
6000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
612000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
202000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2789000
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2013 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
15099000
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-121000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-14661000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
218000
CY2013 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
700000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
22602000
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
400000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
58643000
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
61425000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-10000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2121000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-29192000
CY2013 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1684000
CY2013 cers Purchase Commitment Payments
PurchaseCommitmentPayments
6500000
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y8M12D
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.44
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Registrant Name
EntityRegistrantName
CERUS CORP
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Trading Symbol
TradingSymbol
CERS
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1767000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
114000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.28
CY2014 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.60 pure
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-39811000
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
233000 shares
CY2014 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
14100000
CY2014 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2783000 shares
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 18px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Use of Estimates</b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements requires management to make estimates, assumptions and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosures of contingent assets and liabilities. On an ongoing basis, management evaluates its estimates, which are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from those estimates under different assumptions or conditions.</font></p> </div>
CY2014 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
8.64
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.31
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76534000 shares
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.52
CY2014 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Guarantee and Indemnification Arrangements</b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company recognizes the fair value for guarantee and indemnification arrangements issued or modified by the Company. In addition, the Company monitors the conditions that are subject to the guarantees and indemnifications in order to identify if a loss has occurred. If the Company determines it is probable that a loss has occurred, then any such estimable loss would be recognized under those guarantees and indemnifications. Some of the agreements that the Company is a party to contain provisions that indemnify the counter party from damages and costs resulting from claims that the Company&#x2019;s technology infringes the intellectual property rights of a third party or claims that the sale or use of the Company&#x2019;s products have caused personal injury or other damage or loss. The Company has not received any such requests for indemnification under these provisions and has not been required to make material payments pursuant to these provisions.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company generally provides for a one-year warranty on certain of its INTERCEPT blood-safety products covering defects in materials and workmanship. The Company accrues costs associated with warranty obligations when claims become known and are estimable. The Company has not experienced significant or systemic warranty claims nor is it aware of any existing current warranty claims. Accordingly, the Company had not accrued for any future warranty costs for its products at December&#xA0;31, 2014 or 2013.</font></p> </div>
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001020214
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y8M12D
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.90
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11722000 shares
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
18521000
CY2014 us-gaap Revenue From Grants
RevenueFromGrants
0
CY2014 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
470000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-46463000
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1518000 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74767000 shares
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
175000
CY2014 us-gaap Gross Profit
GrossProfit
15228000
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 18px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Concentration of Credit Risk</b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash equivalents, short-term investments and accounts receivable.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Pursuant to the Company&#x2019;s investment policy, substantially all of the Company&#x2019;s cash, cash equivalents and short-term investments are maintained at a major financial institution of high credit standing. The Company monitors the financial credit worthiness of the issuers of its investments and limits the concentration in individual securities and types of investments that exist within its investment portfolio. Generally, all of the Company&#x2019;s investments carry high credit quality ratings, which is in accordance with its investment policy. The Company has not experienced any losses in its investments and believes it is not exposed to any significant risk.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Concentrations of credit risk with respect to trade receivables exist. On a regular basis, including at the time of sale, the Company performs credit evaluations of its significant customers that it expects to sell to on credit terms. Generally, the Company does not require collateral from its customers to secure accounts receivable. To the extent that the Company determines specific invoices or customer accounts may be uncollectible, the Company establishes an allowance for doubtful accounts against the accounts receivable on its consolidated balance sheets and records a charge on its consolidated statements of operations as a component of selling, general and administrative expenses.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company had one customer and two customers that accounted for more than 10% of the Company&#x2019;s outstanding trade receivables at December&#xA0;31, 2014 and 2013, respectively. These customers cumulatively represented approximately 36% and 48% of the Company&#x2019;s outstanding trade receivables at December&#xA0;31, 2014 and 2013, respectively. To date, the Company has not experienced collection difficulties from these customers.</font></p> </div>
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 Segment
CY2014 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 18px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2"><font style="FONT-FAMILY: 'Times New Roman'" size="2"><b>Reclassifications</b></font></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; WIDOWS: 1; MARGIN-TOP: 6px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2"><font style="FONT-FAMILY: 'Times New Roman'" size="2">In 2014, certain reclassifications have been made to prior period reported amounts to conform to the current period presentations. Previously the Company had presented the amortization of premium and accretion of any discount resulting from the purchase of debt securities as a component of &#x201C;Interest expense&#x201D; on the consolidated statements of operations. The Company has reclassified approximately $0.2 million of the amortization of premium resulting from the purchase of debt securities as a component of &#x201C;Other income, net&#x201D; on the consolidated statements of operations. This reclassification had no impact on net loss, total assets or total stockholders&#x2019; equity.</font></font></p> </div>
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1415000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
28000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
368000
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
36416000
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3474000
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
25981000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-38000
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1655000
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3033000
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-7708000
CY2014 us-gaap Payments For Royalties
PaymentsForRoyalties
2500000
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-44503000
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-3000
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1296000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-38793000
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5943000
CY2014 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
0
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
177000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-38560000
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
130000
CY2014 us-gaap Goodwill Other Changes
GoodwillOtherChanges
0
CY2014 us-gaap Dilutive Securities
DilutiveSecurities
-7708000
CY2014 us-gaap Revenues
Revenues
36416000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2106000
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-131000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-38755000
CY2014 us-gaap Interest Paid
InterestPaid
563000
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-632000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5153000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-38000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-38928000
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5153000
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26000
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
269000
CY2014 us-gaap Interest Expense
InterestExpense
599000
CY2014 us-gaap Operating Expenses
OperatingExpenses
59731000
CY2014 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
3000000
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
37729000
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4000
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
2197000
CY2014 cers Expiration Of Non Cancelable Operating Leases Maximum Year
ExpirationOfNonCancelableOperatingLeasesMaximumYear
2019
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
11592000
CY2014 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
21800000
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
168000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
169000
CY2014 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2014 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-973000
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
24915000
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
5153000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3800000
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
22000
CY2014 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
16576000
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
9848000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55061000 shares
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
202000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6704000
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2014 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-7708000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
43000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-13110000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
195000
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
800000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
21188000
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
700000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
36454000
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
18488000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1000
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-8000
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1382000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-3347000
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1652000
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2541000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0
CY2014 cers Agreement Expiration Date
AgreementExpirationDate
2014-09-30
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8716000 shares
CY2012 us-gaap Dilutive Securities
DilutiveSecurities
-2059000
CY2012 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0
CY2014 cers Income Tax Reconciliation Nondeductible Expense Lobbying Expenses
IncomeTaxReconciliationNondeductibleExpenseLobbyingExpenses
33000
CY2012 us-gaap Valuation Allowances And Reserves Period Increase Decrease
ValuationAllowancesAndReservesPeriodIncreaseDecrease
-800000
CY2014 cers Safety Product Warranty Period
SafetyProductWarrantyPeriod
P1Y
CY2014 cers Issuance Of Common Stock From Exercise Of Stock Options Or Warrants And Purchases From Employee Stock Purchase Plans Value
IssuanceOfCommonStockFromExerciseOfStockOptionsOrWarrantsAndPurchasesFromEmployeeStockPurchasePlansValue
13845000
CY2014 cers Inventory Life Finished Goods Period
InventoryLifeFinishedGoodsPeriod
P2Y
CY2014 cers Work In Process Inventory Life Period
WorkInProcessInventoryLifePeriod
P1Y
CY2012 us-gaap Revenues
Revenues
36786000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
81000
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-20000
CY2014 cers Income Tax Reconciliation Change In Fair Value Of Warrants
IncomeTaxReconciliationChangeInFairValueOfWarrants
-3367000
CY2014 cers Eligible To Receive Royalty Fee
EligibleToReceiveRoyaltyFee
0.01 pure
CY2014 cers Income Tax Reconciliation Expiration Of Federal Net Operating Losses
IncomeTaxReconciliationExpirationOfFederalNetOperatingLosses
0
CY2014 cers Prior Written Notice Period For Termination Of Agreement
PriorWrittenNoticePeriodForTerminationOfAgreement
P24M
CY2014 cers Payment For Manufacturing Of Entity Products
PaymentForManufacturingOfEntityProducts
19100000
CY2014 cers Minimum Term Of Non Cancelable Operating Leases
MinimumTermOfNonCancelableOperatingLeases
P1Y
CY2014 cers Purchase Commitment Payments
PurchaseCommitmentPayments
6800000
CY2014 cers Sales Commissions And Fees Per Unit
SalesCommissionsAndFeesPerUnit
10
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
546000 shares
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.13
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-13917000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-15917000
CY2012 us-gaap Interest Paid
InterestPaid
460000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-16360000
CY2012 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2541000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
62000
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
744000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
19000
CY2012 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-34000
CY2012 us-gaap Interest Expense
InterestExpense
551000
CY2012 us-gaap Operating Expenses
OperatingExpenses
33470000
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54515000 shares
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13821000
CY2012 us-gaap Revenue From Grants
RevenueFromGrants
91000
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
550000
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-17976000
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1000
CY2012 us-gaap Gross Profit
GrossProfit
16079000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
685000
CY2012 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
36695000
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1457000
CY2012 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1663000
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3740000
CY2012 us-gaap Payments For Royalties
PaymentsForRoyalties
2700000
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
-17300000
CY2012 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
86000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-15917000
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1625000
CY2012 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
0
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
162000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-15675000
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
31000
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0
CY2012 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-2059000
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25665000
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
14000
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
202000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1199000
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-53000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-5329000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
242000
CY2012 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
600000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0
CY2012 us-gaap Cost Of Goods Sold
CostOfGoodsSold
20616000
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
400000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
14911000
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
14226000
CY2012 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
9496000
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
99000
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1971000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
205000
CY2012 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
332000
CY2012 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
7603000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
180000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
180000
CY2012 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2012 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2506000
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
287000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
2541000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
300000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
48000
CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1809000
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1810000
CY2012 cers Issuance Of Common Stock From Exercise Of Stock Options Or Warrants And Purchases From Employee Stock Purchase Plans Value
IssuanceOfCommonStockFromExerciseOfStockOptionsOrWarrantsAndPurchasesFromEmployeeStockPurchasePlansValue
349000
CY2012 cers Income Tax Reconciliation Change In Fair Value Of Warrants
IncomeTaxReconciliationChangeInFairValueOfWarrants
-706000
CY2012 cers Income Tax Reconciliation Expiration Of Federal Net Operating Losses
IncomeTaxReconciliationExpirationOfFederalNetOperatingLosses
-4352000
CY2012 cers Income Tax Reconciliation Nondeductible Expense Lobbying Expenses
IncomeTaxReconciliationNondeductibleExpenseLobbyingExpenses
51000
CY2012 cers Payment For Manufacturing Of Entity Products
PaymentForManufacturingOfEntityProducts
12200000
CY2012 cers Purchase Commitment Payments
PurchaseCommitmentPayments
7200000
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2013Q1 us-gaap Gross Profit
GrossProfit
4643000
CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
9733000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-10252000
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2014Q1 us-gaap Gross Profit
GrossProfit
3709000
CY2014Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7866000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-225000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2013Q2 us-gaap Gross Profit
GrossProfit
4403000
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
10150000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-6724000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2014Q2 us-gaap Gross Profit
GrossProfit
3849000
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
8601000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-7589000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
CY2013Q3 us-gaap Gross Profit
GrossProfit
3716000
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
10542000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-20501000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2014Q3 us-gaap Gross Profit
GrossProfit
4673000
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
10362000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-10759000
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2013Q4 us-gaap Gross Profit
GrossProfit
4293000
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
9232000
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-5860000
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2014Q4 us-gaap Gross Profit
GrossProfit
2997000
CY2014Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
9587000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-20182000

Files In Submission

Name View Source Status
0001193125-15-094038-index-headers.html Edgar Link pending
0001193125-15-094038-index.html Edgar Link pending
0001193125-15-094038.txt Edgar Link pending
0001193125-15-094038-xbrl.zip Edgar Link pending
cers-20141231.xml Edgar Link completed
cers-20141231.xsd Edgar Link pending
cers-20141231_cal.xml Edgar Link unprocessable
cers-20141231_def.xml Edgar Link unprocessable
cers-20141231_lab.xml Edgar Link unprocessable
cers-20141231_pre.xml Edgar Link unprocessable
d838501d10k.htm Edgar Link pending
d838501dex105.htm Edgar Link pending
d838501dex1051.htm Edgar Link pending
d838501dex121.htm Edgar Link pending
d838501dex211.htm Edgar Link pending
d838501dex231.htm Edgar Link pending
d838501dex311.htm Edgar Link pending
d838501dex312.htm Edgar Link pending
d838501dex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
g838501g21e76.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending