2015 Q2 Form 10-Q Financial Statement

#000114420415030723 Filed on May 14, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit $0.00 $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $1.100M $1.020M $37.00K
YoY Change 2872.97% 2656.76% -95.89%
% of Gross Profit
Research & Development $710.0K $573.0K $607.0K
YoY Change 27.7% -5.6% 32.53%
% of Gross Profit
Depreciation & Amortization $50.00K $56.00K $58.00K
YoY Change -16.67% -3.45% 11.54%
% of Gross Profit
Operating Expenses $1.810M $1.592M $1.647M
YoY Change 11.18% -3.34% 21.01%
Operating Profit -$1.810M -$1.592M -$1.647M
YoY Change 11.18% -3.34% 21.01%
Interest Expense $10.00K $10.00K $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $1.000K
YoY Change -75.0%
Pretax Income -$1.800M -$1.580M -$1.650M
YoY Change 10.43% -4.24% 21.32%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.796M -$1.583M -$1.646M
YoY Change 10.46% -3.83% 21.3%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$140.6K -$139.1K -$173.9K
COMMON SHARES
Basic Shares Outstanding 12.80M shares 12.67M shares 9.648M shares
Diluted Shares Outstanding 1.120M shares 1.250M shares

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.61M $16.19M $6.500M
YoY Change 208.88% 149.08% -2.4%
Cash & Equivalents $14.61M $16.19M $6.503M
Short-Term Investments
Other Short-Term Assets $250.0K $110.0K $40.00K
YoY Change 19.05% 175.0% -75.0%
Inventory
Prepaid Expenses $111.0K $42.00K
Receivables
Other Receivables
Total Short-Term Assets $14.86M $16.30M $6.545M
YoY Change 200.63% 149.06% -3.89%
LONG-TERM ASSETS
Property, Plant & Equipment $190.0K $226.0K $386.0K
YoY Change -48.79% -41.45% -21.22%
Goodwill
YoY Change
Intangibles $2.705M $1.779M
YoY Change 52.05%
Long-Term Investments
YoY Change
Other Assets $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $3.170M $2.941M $2.175M
YoY Change 31.48% 35.22% 69.92%
TOTAL ASSETS
Total Short-Term Assets $14.86M $16.30M $6.545M
Total Long-Term Assets $3.170M $2.941M $2.175M
Total Assets $18.03M $19.24M $8.720M
YoY Change 145.17% 120.67% 7.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $430.0K $200.0K $284.0K
YoY Change 99.07% -29.58% -13.94%
Accrued Expenses $830.0K $688.0K $322.0K
YoY Change 60.85% 113.66% 19.26%
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 $1.260M $888.0K $606.0K
YoY Change 72.13% 46.53% 2.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $210.0K $310.0K $40.00K
YoY Change 425.0% 675.0% 33.33%
Total Long-Term Liabilities $210.0K $310.0K $40.00K
YoY Change 425.0% 675.0% 33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.260M $888.0K $606.0K
Total Long-Term Liabilities $210.0K $310.0K $40.00K
Total Liabilities $1.470M $1.193M $646.0K
YoY Change 90.91% 84.67% 4.19%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.000K $1.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $16.56M $18.05M $8.074M
YoY Change
Total Liabilities & Shareholders Equity $18.03M $19.24M $8.720M
YoY Change 145.17% 120.67% 7.79%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$1.796M -$1.583M -$1.646M
YoY Change 10.46% -3.83% 21.3%
Depreciation, Depletion And Amortization $50.00K $56.00K $58.00K
YoY Change -16.67% -3.45% 11.54%
Cash From Operating Activities -$1.420M -$1.740M -$1.640M
YoY Change -3.4% 6.1% 53.27%
INVESTING ACTIVITIES
Capital Expenditures -$290.0K $17.00K $17.00K
YoY Change 0.0% 0.0% -87.94%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$290.0K -$350.0K -$350.0K
YoY Change 0.0% 0.0% 16.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 120.0K 16.44M 5.800M
YoY Change 183.45%
NET CHANGE
Cash From Operating Activities -1.420M -1.740M -1.640M
Cash From Investing Activities -290.0K -350.0K -350.0K
Cash From Financing Activities 120.0K 16.44M 5.800M
Net Change In Cash -1.590M 14.35M 3.810M
YoY Change -9.66% 276.64% -378.1%
FREE CASH FLOW
Cash From Operating Activities -$1.420M -$1.740M -$1.640M
Capital Expenditures -$290.0K $17.00K $17.00K
Free Cash Flow -$1.130M -$1.757M -$1.657M
YoY Change -4.24% 6.04% 36.83%

Facts In Submission

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CY2015Q1 dei Entity Filer Category
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CY2015Q1 dei Trading Symbol
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CY2015Q1 us-gaap Use Of Estimates
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Files In Submission

Name View Source Status
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