2015 Form 10-K Financial Statement
#000091114716000101 Filed on March 11, 2016
Income Statement
| Concept | 2015 | 2014 Q2 |
|---|---|---|
| Revenue | $133.7M | $31.56M |
| YoY Change | 11.42% | 11.32% |
| Cost Of Revenue | $67.20M | $18.53M |
| YoY Change | -4.82% | 15.52% |
| Gross Profit | $133.7M | $31.56M |
| YoY Change | 11.4% | 156.34% |
| Gross Profit Margin | 100.03% | 99.98% |
| Selling, General & Admin | $42.70M | $10.74M |
| YoY Change | 9.77% | 27.86% |
| % of Gross Profit | 31.93% | 34.04% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $8.000M | $1.960M |
| YoY Change | 2.04% | 8.89% |
| % of Gross Profit | 5.98% | 6.21% |
| Operating Expenses | $50.70M | $12.71M |
| YoY Change | 8.33% | 24.61% |
| Operating Profit | $83.03M | $322.0K |
| YoY Change | 13.36% | -84.74% |
| Interest Expense | -$1.200M | -$610.0K |
| YoY Change | -45.45% | 369.23% |
| % of Operating Profit | -1.45% | -189.44% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $14.60M | -$280.0K |
| YoY Change | 3550.0% | -106.9% |
| Income Tax | $1.700M | $430.0K |
| % Of Pretax Income | 11.64% | |
| Net Earnings | $11.50M | $156.0K |
| YoY Change | 858.33% | -95.74% |
| Net Earnings / Revenue | 8.6% | 0.49% |
| Basic Earnings Per Share | $0.01 | |
| Diluted Earnings Per Share | $471.3K | $0.01 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 24.40M | 24.38M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 | 2014 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $29.40M | $26.50M |
| YoY Change | 19.03% | -6.03% |
| Cash & Equivalents | $29.40M | $26.50M |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.400M | $2.100M |
| YoY Change | -56.25% | 61.54% |
| Inventory | $500.0K | $600.0K |
| Prepaid Expenses | ||
| Receivables | $2.600M | $1.400M |
| Other Receivables | $0.00 | $400.0K |
| Total Short-Term Assets | $33.90M | $31.10M |
| YoY Change | 12.25% | 0.0% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $131.6M | $134.7M |
| YoY Change | -2.23% | 19.41% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $1.000M | |
| YoY Change | 0.0% | |
| Other Assets | $5.100M | $4.600M |
| YoY Change | 34.21% | 6.98% |
| Total Long-Term Assets | $152.5M | $159.4M |
| YoY Change | -2.8% | 18.69% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $33.90M | $31.10M |
| Total Long-Term Assets | $152.5M | $159.4M |
| Total Assets | $186.4M | $190.5M |
| YoY Change | -0.37% | 15.18% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.700M | $2.500M |
| YoY Change | -20.59% | -62.12% |
| Accrued Expenses | $14.00M | $14.20M |
| YoY Change | -10.83% | 94.52% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $4.100M | $5.800M |
| YoY Change | -22.64% | -7.94% |
| Total Short-Term Liabilities | $23.10M | $27.80M |
| YoY Change | -17.79% | 7.75% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $32.40M | $29.80M |
| YoY Change | -0.61% | 195.05% |
| Other Long-Term Liabilities | $600.0K | $600.0K |
| YoY Change | 20.0% | 100.0% |
| Total Long-Term Liabilities | $33.00M | $30.40M |
| YoY Change | -0.3% | 192.31% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $23.10M | $27.80M |
| Total Long-Term Liabilities | $33.00M | $30.40M |
| Total Liabilities | $64.40M | $68.20M |
| YoY Change | -6.26% | 50.22% |
| 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 | $122.1M | $122.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $186.4M | $190.5M |
| YoY Change | -0.37% | 15.18% |
Cashflow Statement
| Concept | 2015 | 2014 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $11.50M | $156.0K |
| YoY Change | 858.33% | -95.74% |
| Depreciation, Depletion And Amortization | $8.000M | $1.960M |
| YoY Change | 2.04% | 8.89% |
| Cash From Operating Activities | $19.31M | $2.410M |
| YoY Change | 163.8% | 53.5% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$18.88M | -$3.590M |
| YoY Change | 17.27% | 270.1% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $700.0K | $70.00K |
| YoY Change | -270.73% | -101.53% |
| Cash From Investing Activities | -$18.18M | -$3.520M |
| YoY Change | 10.12% | -36.69% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 4.420M | 920.0K |
| YoY Change | -39.78% | 155.56% |
| NET CHANGE | ||
| Cash From Operating Activities | 19.31M | 2.410M |
| Cash From Investing Activities | -18.18M | -3.520M |
| Cash From Financing Activities | 4.420M | 920.0K |
| Net Change In Cash | 5.550M | -190.0K |
| YoY Change | -400.0% | -94.77% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $19.31M | $2.410M |
| Capital Expenditures | -$18.88M | -$3.590M |
| Free Cash Flow | $38.19M | $6.000M |
| YoY Change | 63.07% | 136.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24395000 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.27 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.27 | |
| CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
31555000 | |
| CY2015Q2 | us-gaap |
Gross Profit
GrossProfit
|
37875000 | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.01 | |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.32 | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.01 | |
| CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.32 | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
156000 | |
| CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6597000 | |
| CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
322000 | |
| CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7839000 | |
| CY2014Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-716000 | |
| CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
7619000 |
