2016 Q3 Form 10-K Financial Statement
#000109181817000003 Filed on January 13, 2017
Income Statement
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| Revenue | $90.00K | $140.0K |
| YoY Change | -35.71% | 180.0% |
| Cost Of Revenue | $30.00K | $50.00K |
| YoY Change | -40.0% | 150.0% |
| Gross Profit | $60.00K | $90.00K |
| YoY Change | -33.33% | 200.0% |
| Gross Profit Margin | 66.67% | 64.29% |
| Selling, General & Admin | $100.0K | $50.00K |
| YoY Change | 100.0% | -37.5% |
| % of Gross Profit | 166.67% | 55.56% |
| Research & Development | $10.00K | $0.00 |
| YoY Change | ||
| % of Gross Profit | 16.67% | 0.0% |
| Depreciation & Amortization | $30.00K | $100.0K |
| YoY Change | -70.0% | |
| % of Gross Profit | 50.0% | 111.11% |
| Operating Expenses | $140.0K | $150.0K |
| YoY Change | -6.67% | 87.5% |
| Operating Profit | -$80.00K | -$60.00K |
| YoY Change | 33.33% | 20.0% |
| Interest Expense | -$30.00K | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$20.00K | -$20.00K |
| YoY Change | 0.0% | |
| Pretax Income | -$370.0K | -$1.250M |
| YoY Change | -70.4% | 1983.33% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$370.0K | -$1.250M |
| YoY Change | -70.4% | 1983.33% |
| Net Earnings / Revenue | -411.11% | -892.86% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$1.863K | -$6.665K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 197.4M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $0.00 | $10.00K |
| YoY Change | -100.0% | |
| Cash & Equivalents | $6.156K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $20.00K | $0.00 |
| YoY Change | -100.0% | |
| Inventory | $10.00K | $11.97K |
| Prepaid Expenses | ||
| Receivables | $20.00K | $88.44K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $50.00K | $116.6K |
| YoY Change | -57.1% | 327.65% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $10.00K | $10.00K |
| YoY Change | 0.0% | |
| Total Long-Term Assets | $250.0K | $633.0K |
| YoY Change | -60.51% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $50.00K | $116.6K |
| Total Long-Term Assets | $250.0K | $633.0K |
| Total Assets | $300.0K | $749.6K |
| YoY Change | -59.98% | 2650.16% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $430.0K | $414.6K |
| YoY Change | 3.72% | 6.97% |
| Accrued Expenses | $35.35K | $52.61K |
| YoY Change | -32.82% | -81.6% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $30.00K |
| YoY Change | -100.0% | |
| Long-Term Debt Due | $0.00 | $100.0K |
| YoY Change | -100.0% | -44.44% |
| Total Short-Term Liabilities | $517.4K | $630.4K |
| YoY Change | -17.93% | -29.64% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $130.0K | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| Total Long-Term Liabilities | $130.0K | $3.253K |
| YoY Change | 3896.31% | 15.15% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $517.4K | $630.4K |
| Total Long-Term Liabilities | $130.0K | $3.253K |
| Total Liabilities | $653.0K | $633.6K |
| YoY Change | 3.05% | -29.5% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$14.65M | -$14.07M |
| YoY Change | 4.1% | 16.31% |
| Common Stock | $1.974K | |
| YoY Change | -90.71% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$351.2K | $115.9K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $301.8K | $749.6K |
| YoY Change | -59.74% | 2650.16% |
Cashflow Statement
| Concept | 2016 Q3 | 2015 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$370.0K | -$1.250M |
| YoY Change | -70.4% | 1983.33% |
| Depreciation, Depletion And Amortization | $30.00K | $100.0K |
| YoY Change | -70.0% | |
| Cash From Operating Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | ||
| YoY Change | ||
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 10.00K | 0.000 |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | 0.000 | 0.000 |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 10.00K | 0.000 |
| Net Change In Cash | 10.00K | 0.000 |
| YoY Change | -100.0% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $0.00 | $0.00 |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-14074917 | USD |
| CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-14652520 | USD |
| CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
749556 | USD |
| CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
301791 | USD |
| CY2015Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
52612 | USD |
| CY2016Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
35347 | USD |
| CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
630389 | USD |
| CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
517359 | USD |
| CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
633642 | USD |
| CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
652997 | USD |
| CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115914 | USD |
| CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-351206 | USD |
