2014 Form 10-K Financial Statement
#000127043615000006 Filed on March 09, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $55.75M |
| YoY Change | -3.04% |
| Cost Of Revenue | $9.062M |
| YoY Change | -32.37% |
| Gross Profit | $46.69M |
| YoY Change | 5.87% |
| Gross Profit Margin | 83.75% |
| Selling, General & Admin | $42.18M |
| YoY Change | -33.89% |
| % of Gross Profit | 90.34% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.103M |
| YoY Change | -21.21% |
| % of Gross Profit | 2.36% |
| Operating Expenses | $46.40M |
| YoY Change | -28.83% |
| Operating Profit | $288.0K |
| YoY Change | -101.36% |
| Interest Expense | -$4.374M |
| YoY Change | 82.25% |
| % of Operating Profit | -1518.75% |
| Other Income/Expense, Net | $0.00 |
| YoY Change | |
| Pretax Income | -$4.086M |
| YoY Change | -82.61% |
| Income Tax | -$414.0K |
| % Of Pretax Income | |
| Net Earnings | -$2.585M |
| YoY Change | -80.56% |
| Net Earnings / Revenue | -4.64% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$1.723M |
| COMMON SHARES | |
| Basic Shares Outstanding | 15.00M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $12.25M |
| YoY Change | -5.75% |
| Cash & Equivalents | $12.25M |
| Short-Term Investments | |
| Other Short-Term Assets | $0.00 |
| YoY Change | -100.0% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $48.62M |
| Other Receivables | $9.398M |
| Total Short-Term Assets | $70.27M |
| YoY Change | 205.52% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $0.00 |
| YoY Change | -100.0% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $155.1M |
| YoY Change | 5.54% |
| Other Assets | $0.00 |
| YoY Change | -100.0% |
| Total Long-Term Assets | $272.2M |
| YoY Change | 40.33% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $70.27M |
| Total Long-Term Assets | $272.2M |
| Total Assets | $342.5M |
| YoY Change | 57.84% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $99.55M |
| YoY Change | 221.12% |
| Accrued Expenses | $4.054M |
| YoY Change | -63.15% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $101.9M |
| YoY Change | 251.23% |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $205.5M |
| YoY Change | 185.36% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $27.94M |
| YoY Change | -6.87% |
| Other Long-Term Liabilities | $48.74M |
| YoY Change | -2.52% |
| Total Long-Term Liabilities | $76.68M |
| YoY Change | -4.15% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $205.5M |
| Total Long-Term Liabilities | $76.68M |
| Total Liabilities | $294.3M |
| YoY Change | 78.35% |
| 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 | $48.24M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $342.5M |
| YoY Change | 57.84% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$2.585M |
| YoY Change | -80.56% |
| Depreciation, Depletion And Amortization | $1.103M |
| YoY Change | -21.21% |
| Cash From Operating Activities | $4.114M |
| YoY Change | -150.17% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$184.0K |
| YoY Change | -77.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $648.0K |
| YoY Change | -82.95% |
| Cash From Investing Activities | $464.0K |
| YoY Change | -84.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -5.289M |
| YoY Change | -232.23% |
| NET CHANGE | |
| Cash From Operating Activities | 4.114M |
| Cash From Investing Activities | 464.0K |
| Cash From Financing Activities | -5.289M |
| Net Change In Cash | -711.0K |
| YoY Change | -45.31% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $4.114M |
| Capital Expenditures | -$184.0K |
| Free Cash Flow | $4.298M |
| YoY Change | -158.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14998620 |
