2018 Q2 Form 10-Q Financial Statement
#000111748018000023 Filed on May 07, 2018
Income Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
Revenue | $1.193M | $790.0K | $1.078M |
YoY Change | 76.74% | -26.72% | -12.21% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $6.650M | $6.740M | $6.600M |
YoY Change | 5.89% | 2.12% | -4.62% |
% of Gross Profit | |||
Research & Development | $13.71M | $14.36M | $12.74M |
YoY Change | 17.84% | 12.69% | -39.14% |
% of Gross Profit | |||
Depreciation & Amortization | $240.0K | $248.0K | $281.0K |
YoY Change | -14.29% | -11.74% | 5.24% |
% of Gross Profit | |||
Operating Expenses | $20.36M | $21.10M | $19.34M |
YoY Change | 13.63% | 9.1% | -30.59% |
Operating Profit | -$19.17M | -$20.31M | -$18.26M |
YoY Change | 11.16% | 11.21% | -31.44% |
Interest Expense | $630.0K | $620.0K | $510.0K |
YoY Change | 10.53% | 21.57% | 37.84% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$18.61M | -$19.83M | -$17.75M |
YoY Change | 11.57% | 11.72% | -32.41% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$18.61M | -$19.83M | -$17.75M |
YoY Change | 11.59% | 11.67% | -32.39% |
Net Earnings / Revenue | -1560.18% | -2509.62% | -1646.94% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$389.2K | -$416.2K | -$381.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 47.75M shares | 47.65M shares | 46.56M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $174.8M | $160.4M | $161.7M |
YoY Change | 17.71% | -0.8% | -38.59% |
Cash & Equivalents | $27.45M | $22.11M | $21.87M |
Short-Term Investments | $147.3M | $138.3M | $139.8M |
Other Short-Term Assets | $3.300M | $3.100M | $2.400M |
YoY Change | 6.45% | 29.17% | -51.02% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $219.0K | $426.0K | $811.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $178.3M | $163.9M | $164.9M |
YoY Change | 17.56% | -0.59% | -38.66% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.502M | $1.688M | $2.567M |
YoY Change | -34.87% | -34.24% | -14.6% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $21.10M | $49.20M | $104.9M |
YoY Change | -79.63% | -53.1% | 100.19% |
Other Assets | $52.00K | $61.00K | $59.00K |
YoY Change | 1.96% | 3.39% | -7.81% |
Total Long-Term Assets | $22.67M | $50.97M | $107.5M |
YoY Change | -78.61% | -52.59% | 93.95% |
TOTAL ASSETS | |||
Total Short-Term Assets | $178.3M | $163.9M | $164.9M |
Total Long-Term Assets | $22.67M | $50.97M | $107.5M |
Total Assets | $201.0M | $214.9M | $272.4M |
YoY Change | -22.0% | -21.11% | -15.99% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.426M | $1.892M | $2.813M |
YoY Change | -11.37% | -32.74% | -21.16% |
Accrued Expenses | $7.976M | $7.109M | $5.819M |
YoY Change | 29.5% | 22.17% | -12.34% |
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 | $9.402M | $9.001M | $8.632M |
YoY Change | 21.04% | 4.27% | -15.42% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $200.0K | $200.0K | $400.0K |
YoY Change | 0.0% | -50.0% | 33.33% |
Total Long-Term Liabilities | $200.0K | $200.0K | $400.0K |
YoY Change | 0.0% | -50.0% | 33.33% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.402M | $9.001M | $8.632M |
Total Long-Term Liabilities | $200.0K | $200.0K | $400.0K |
Total Liabilities | $9.587M | $9.207M | $9.033M |
YoY Change | 19.63% | 1.93% | -14.27% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$525.2M | -$506.6M | -$433.6M |
YoY Change | 16.66% | 16.85% | 18.56% |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $191.4M | $205.7M | $263.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $201.0M | $214.9M | $272.4M |
YoY Change | -22.0% | -21.11% | -15.99% |
Cashflow Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$18.61M | -$19.83M | -$17.75M |
YoY Change | 11.59% | 11.67% | -32.39% |
Depreciation, Depletion And Amortization | $240.0K | $248.0K | $281.0K |
YoY Change | -14.29% | -11.74% | 5.24% |
Cash From Operating Activities | -$14.04M | -$18.51M | -$13.62M |
YoY Change | 7.92% | 35.89% | -52.43% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$60.00K | $42.00K | $5.000K |
YoY Change | 500.0% | 740.0% | -97.84% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $19.37M | $21.98M | -$16.36M |
YoY Change | 29.65% | -234.35% | -145.96% |
Cash From Investing Activities | $19.32M | $21.94M | -$16.37M |
YoY Change | 29.4% | -234.02% | -146.28% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 50.00K | $138.0K | $395.0K |
YoY Change | -50.0% | -65.06% | 137.95% |
NET CHANGE | |||
Cash From Operating Activities | -14.04M | -$18.51M | -$13.62M |
Cash From Investing Activities | 19.32M | $21.94M | -$16.37M |
Cash From Financing Activities | 50.00K | $138.0K | $395.0K |
Net Change In Cash | 5.330M | $3.564M | -$29.60M |
YoY Change | 163.86% | -112.04% | -529.07% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$14.04M | -$18.51M | -$13.62M |
Capital Expenditures | -$60.00K | $42.00K | $5.000K |
Free Cash Flow | -$13.98M | -$18.55M | -$13.63M |
YoY Change | 7.54% | 36.15% | -52.79% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q4 | cmrx |
Accrued Development Liabilities
AccruedDevelopmentLiabilities
|
3384000 | USD |
CY2018Q1 | cmrx |
Accrued Development Liabilities
AccruedDevelopmentLiabilities
|
4084000 | USD |
CY2017Q4 | cmrx |
Accrued Indemnification Claim
AccruedIndemnificationClaim
|
1000000 | USD |
CY2018Q1 | cmrx |
Accrued Indemnification Claim
AccruedIndemnificationClaim
|
0 | USD |
CY2018Q1 | cmrx |
Available For Sale Securities Debt Securities And Equity Securities Fvni
AvailableForSaleSecuritiesDebtSecuritiesAndEquitySecuritiesFVNI
|
187560000 | USD |
CY2018Q1 | cmrx |
Availableforsale Securities Debt Maturities Year Two Fair Value
AvailableforsaleSecuritiesDebtMaturitiesYearTwoFairValue
|
49225000 | USD |
CY2018Q1 | cmrx |
Equity Securities Fvni
EquitySecuritiesFVNI
|
252000 | USD |
CY2017Q1 | cmrx |
Equity Securities Fvni Gain Loss
EquitySecuritiesFVNIGainLoss
|
0 | USD |
CY2018Q1 | cmrx |
Equity Securities Fvni Gain Loss
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|
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Amendment Flag
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false | |
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Current Fiscal Year End Date
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|
--12-31 | |
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Document Fiscal Period Focus
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|
Q1 | |
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Document Fiscal Year Focus
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|
2018 | |
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Document Period End Date
DocumentPeriodEndDate
|
2018-03-31 | |
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Document Type
DocumentType
|
10-Q | |
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Entity Registrant Name
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3812000 | USD |
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Accounts Receivable Net Current
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Accounts Receivable Net Current
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Accretion Amortization Of Discounts And Premiums Investments
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Accretion Amortization Of Discounts And Premiums Investments
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Accrued Salaries Current And Noncurrent
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|
1911000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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Depreciation
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Depreciation
Depreciation
|
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Earnings Per Share Basic And Diluted
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|
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Earnings Per Share Basic And Diluted
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|
-0.42 | |
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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|
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|
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Liabilities
Liabilities
|
13420000 | USD |
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Liabilities
Liabilities
|
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Liabilities And Stockholders Equity
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|
235230000 | USD |
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|
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|
13196000 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9001000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
395000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
138000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16369000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
21938000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13623000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18512000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17754000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19826000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
19338000 | USD |
CY2018Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
21097000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18260000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-20307000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
200000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
200000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1322000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1114000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
72000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
61000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
331000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-103000 | USD |
CY2017Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
CY2018Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
|
0 | USD |
CY2017Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2018Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
280000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
87509000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
6031000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
0 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
1989000 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2018Q1 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3331000 | USD |
CY2018Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3051000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
386000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
358000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
71145000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
20500000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
9500000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
60000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1894000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1688000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
12742000 | USD |
CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
14359000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-486788000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-506614000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4028000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3391000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
146800 | shares |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
221810000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
205691000 | USD |
CY2018Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
46573394 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
47637907 | shares |