2014 Form 10-K Financial Statement
#000156761916002020 Filed on March 15, 2016
Income Statement
| Concept | 2014 | 2013 |
|---|---|---|
| Revenue | $12.13M | $23.40M |
| YoY Change | -48.16% | |
| Cost Of Revenue | $6.870M | $1.480M |
| YoY Change | 364.19% | |
| Gross Profit | $7.823M | $22.53M |
| YoY Change | -65.28% | |
| Gross Profit Margin | 64.49% | 96.3% |
| Selling, General & Admin | $3.030M | $720.0K |
| YoY Change | 320.83% | 2300.0% |
| % of Gross Profit | 38.73% | 3.2% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $5.588M | $1.332M |
| YoY Change | 319.52% | 4340.0% |
| Operating Profit | $2.235M | $21.20M |
| YoY Change | -89.46% | |
| Interest Expense | $4.307M | $867.0K |
| YoY Change | 396.77% | |
| % of Operating Profit | 192.71% | 4.09% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $2.235M | $21.20M |
| YoY Change | -89.46% | -70773.33% |
| Income Tax | -$140.0K | $0.00 |
| % Of Pretax Income | -6.26% | 0.0% |
| Net Earnings | $2.375M | $21.20M |
| YoY Change | -88.8% | -70773.33% |
| Net Earnings / Revenue | 19.58% | 90.61% |
| Basic Earnings Per Share | $0.31 | $12.50 |
| Diluted Earnings Per Share | $0.31 | $12.50 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 7.506M shares | 1.688M shares |
| Diluted Shares Outstanding | 7.509M shares | 1.688M shares |
Balance Sheet
| Concept | 2014 | 2013 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $12.40M | $10.40M |
| YoY Change | 19.23% | |
| Cash & Equivalents | $12.40M | $10.40M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $4.900M | $11.40M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $17.30M | $21.80M |
| YoY Change | -20.64% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $507.3M | $397.3M |
| YoY Change | 27.69% | |
| Other Assets | $6.900M | $3.700M |
| YoY Change | 86.49% | |
| Total Long-Term Assets | $514.6M | $405.6M |
| YoY Change | 26.87% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $17.30M | $21.80M |
| Total Long-Term Assets | $514.6M | $405.6M |
| Total Assets | $531.9M | $427.4M |
| YoY Change | 24.45% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $800.0K | $600.0K |
| YoY Change | 33.33% | |
| Accrued Expenses | $800.0K | $400.0K |
| YoY Change | 100.0% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $362.1M | $261.3M |
| YoY Change | 38.58% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $367.5M | $265.7M |
| YoY Change | 38.31% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $4.100M | $600.0K |
| YoY Change | 583.33% | |
| Total Long-Term Liabilities | $4.100M | $600.0K |
| YoY Change | 583.33% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $367.5M | $265.7M |
| Total Long-Term Liabilities | $4.100M | $600.0K |
| Total Liabilities | $372.2M | $266.6M |
| YoY Change | 39.61% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $159.8M | $160.8M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $531.9M | $427.4M |
| YoY Change | 24.45% |
Cashflow Statement
| Concept | 2014 | 2013 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.375M | $21.20M |
| YoY Change | -88.8% | -70773.33% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $26.51M | -$6.080M |
| YoY Change | -536.02% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$107.3M | -$390.0M |
| YoY Change | -72.48% | |
| Cash From Investing Activities | -$107.3M | -$387.4M |
| YoY Change | -72.29% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $14.79M | |
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $180.0K | $148.2M |
| YoY Change | -99.88% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 82.91M | 403.9M |
| YoY Change | -79.47% | |
| NET CHANGE | ||
| Cash From Operating Activities | 26.51M | -6.080M |
| Cash From Investing Activities | -107.3M | -387.4M |
| Cash From Financing Activities | 82.91M | 403.9M |
| Net Change In Cash | 2.080M | 10.37M |
| YoY Change | -79.95% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $26.51M | -$6.080M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-343000 | |
| CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-140000 | |
| CY2015Q4 | chmi |
Investment In Servicing Related Assets Change In Fair Value
InvestmentInServicingRelatedAssetsChangeInFairValue
|
-1142 | |
| CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.059 | |
| CY2014Q4 | chmi |
Federal Income Taxes Payable Receivable
FederalIncomeTaxesPayableReceivable
|
0 | |
| CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.026 | |
| CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
| CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
| CY2015 | chmi |
Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
|
P26Y1M6D | |
| CY2014 | chmi |
Investment In Servicing Related Assets Weighted Average Maturity Period
InvestmentInServicingRelatedAssetsWeightedAverageMaturityPeriod
|
P27Y4M24D | |
| CY2014Q4 | chmi |
Investment In Servicing Related Assets Change In Fair Value
InvestmentInServicingRelatedAssetsChangeInFairValue
|
-5100 | |
| CY2015Q4 | chmi |
Investment In Servicing Related Assets At Fair Value
InvestmentInServicingRelatedAssetsAtFairValue
|
97803 | |
| CY2014Q4 | chmi |
Investment In Servicing Related Assets At Fair Value
InvestmentInServicingRelatedAssetsAtFairValue
|
91322 | |
| CY2015Q4 | chmi |
Investment In Servicing Related Assets At Amortized Cost
InvestmentInServicingRelatedAssetsAtAmortizedCost
|
89157 | |
| CY2014Q4 | chmi |
Investment In Servicing Related Assets At Amortized Cost
InvestmentInServicingRelatedAssetsAtAmortizedCost
|
81529 |
