2011 Q2 Form 10-Q Financial Statement
#000119312511216493 Filed on August 09, 2011
Income Statement
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $2.666M | $1.870M |
| YoY Change | 42.57% | 20.65% |
| % of Gross Profit | ||
| Research & Development | $6.203M | $4.574M |
| YoY Change | 35.61% | 36.95% |
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | $0.00 |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $8.869M | $4.574M |
| YoY Change | 93.9% | -6.46% |
| Operating Profit | -$8.869M | |
| YoY Change | ||
| Interest Expense | -$10.00K | $0.00 |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$8.880M | -$5.700M |
| YoY Change | 55.79% | 16.8% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$8.882M | -$5.700M |
| YoY Change | 55.82% | 16.8% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$105.7K | -$86.18K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $52.20M | $35.40M |
| YoY Change | 47.46% | 145.83% |
| Cash & Equivalents | $52.23M | $35.40M |
| Short-Term Investments | ||
| Other Short-Term Assets | $500.0K | $600.0K |
| YoY Change | -16.67% | -40.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $52.70M | $36.00M |
| YoY Change | 46.39% | 133.77% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $0.00 | $0.00 |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $0.00 | $100.0K |
| YoY Change | -100.0% | -50.0% |
| Total Long-Term Assets | $0.00 | $100.0K |
| YoY Change | -100.0% | -50.0% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $52.70M | $36.00M |
| Total Long-Term Assets | $0.00 | $100.0K |
| Total Assets | $52.70M | $36.10M |
| YoY Change | 45.98% | 131.41% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.300M | $1.200M |
| YoY Change | 91.67% | 71.43% |
| Accrued Expenses | $1.600M | $1.700M |
| YoY Change | -5.88% | 13.33% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | |
| YoY Change | ||
| Total Short-Term Liabilities | $3.900M | $2.900M |
| YoY Change | 34.48% | 38.1% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.900M | $2.900M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $3.900M | $2.900M |
| YoY Change | 34.48% | 38.1% |
| 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 | $48.86M | $33.20M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $52.70M | $36.10M |
| YoY Change | 45.98% | 131.41% |
Cashflow Statement
| Concept | 2011 Q2 | 2010 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$8.882M | -$5.700M |
| YoY Change | 55.82% | 16.8% |
| Depreciation, Depletion And Amortization | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Operating Activities | -$7.200M | -$4.500M |
| YoY Change | 60.0% | -27.42% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | $0.00 |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $13.80M | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 300.0K | 21.30M |
| YoY Change | -98.59% | |
| NET CHANGE | ||
| Cash From Operating Activities | -7.200M | -4.500M |
| Cash From Investing Activities | 0.000 | 0.000 |
| Cash From Financing Activities | 300.0K | 21.30M |
| Net Change In Cash | -6.900M | 16.80M |
| YoY Change | -141.07% | -457.45% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$7.200M | -$4.500M |
| Capital Expenditures | $0.00 | $0.00 |
| Free Cash Flow | -$7.200M | -$4.500M |
| YoY Change | 60.0% | -27.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4840000 | ||
| CY2011Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
48864000 | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
54089000 | ||
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3446000 | ||
| CY2010Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1871000 | |
| CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2666000 | |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
144288000 | ||
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
9063000 | ||
| CY2010Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4574000 | |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
11127000 | ||
| CY2011Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6203000 |
