2013 Q4 Form 10-K Financial Statement

#000110465914020261 Filed on March 17, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $47.00K $44.00K $49.00K
YoY Change -71.17% -79.25% 16.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.860M $2.210M $1.480M
YoY Change 86.0% 198.65% 82.72%
% of Gross Profit
Research & Development $1.040M $915.5K $940.0K
YoY Change 76.27% 79.0% 95.83%
% of Gross Profit
Depreciation & Amortization $40.00K $50.00K $20.00K
YoY Change 300.0% 150.0%
% of Gross Profit
Operating Expenses $2.900M $915.5K $2.420M
YoY Change 81.25% 79.0% 87.6%
Operating Profit -$3.078M
YoY Change 196.22%
Interest Expense $1.840M $6.263K -$2.900M
YoY Change -137.55% -98.39% 33.03%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$1.030M -$4.400M -$5.270M
YoY Change -83.73% 576.92% 53.64%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.030M -$4.401M -$5.270M
YoY Change -83.73% 576.88% 53.81%
Net Earnings / Revenue -2191.49% -10002.8% -10755.1%
Basic Earnings Per Share
Diluted Earnings Per Share -$3.962M -$17.60M -$20.27M
COMMON SHARES
Basic Shares Outstanding 18.90M shares 18.85M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.80M $27.80M $8.300M
YoY Change 138.89% 256.41% -10.75%
Cash & Equivalents $25.84M $27.80M $8.302M
Short-Term Investments
Other Short-Term Assets $200.0K $100.0K $200.0K
YoY Change 100.0% 0.0%
Inventory
Prepaid Expenses
Receivables $78.99K $69.57K $100.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $26.07M $28.00M $8.524M
YoY Change 135.95% 249.95% -9.32%
LONG-TERM ASSETS
Property, Plant & Equipment $750.6K $740.3K $600.0K
YoY Change 194.64% 255.25% 500.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $336.5K $411.9K $500.0K
YoY Change -7.08% 13.76% 25.0%
Total Long-Term Assets $1.087M $1.152M $1.102M
YoY Change 76.23% 101.98% 99.65%
TOTAL ASSETS
Total Short-Term Assets $26.07M $28.00M $8.524M
Total Long-Term Assets $1.087M $1.152M $1.102M
Total Assets $27.16M $29.15M $9.625M
YoY Change 132.8% 240.11% -3.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $286.6K $159.0K $300.0K
YoY Change 63.14% 13.53% -40.0%
Accrued Expenses $1.524M $1.054M $1.100M
YoY Change 174.76% 70.7% 57.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $100.0K $100.0K
YoY Change
Total Short-Term Liabilities $2.009M $1.361M $1.462M
YoY Change 175.05% 79.62% 21.85%
LONG-TERM LIABILITIES
Long-Term Debt $300.0K $400.0K $300.0K
YoY Change
Other Long-Term Liabilities $4.400M $6.300M $10.40M
YoY Change -50.0% 125.0% 225.0%
Total Long-Term Liabilities $4.700M $6.700M $10.70M
YoY Change -46.59% 139.29% 234.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.009M $1.361M $1.462M
Total Long-Term Liabilities $4.700M $6.700M $10.70M
Total Liabilities $6.764M $8.012M $12.10M
YoY Change -28.77% 122.84% 171.07%
SHAREHOLDERS EQUITY
Retained Earnings -$67.04M -$66.01M
YoY Change 21.45% 35.07%
Common Stock $1.890K $1.889K
YoY Change 22.17% 33.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.39M $21.14M -$2.471M
YoY Change
Total Liabilities & Shareholders Equity $27.16M $29.15M $9.600M
YoY Change 132.8% 240.11% -4.0%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income -$1.030M -$4.401M -$5.270M
YoY Change -83.73% 576.88% 53.81%
Depreciation, Depletion And Amortization $40.00K $50.00K $20.00K
YoY Change 300.0% 150.0%
Cash From Operating Activities -$1.860M -$2.100M -$1.730M
YoY Change 41.98% 47.89% 34.11%
INVESTING ACTIVITIES
Capital Expenditures -$80.00K -$210.0K -$270.0K
YoY Change 33.33% 200.0% 575.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$80.00K -$210.0K -$270.0K
YoY Change 33.33% 200.0% 575.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -30.00K 21.80M 1.140M
YoY Change -100.69% -88.67%
NET CHANGE
Cash From Operating Activities -1.860M -2.100M -1.730M
Cash From Investing Activities -80.00K -210.0K -270.0K
Cash From Financing Activities -30.00K 21.80M 1.140M
Net Change In Cash -1.970M 19.49M -860.0K
YoY Change -165.67% -1408.05% -109.85%
FREE CASH FLOW
Cash From Operating Activities -$1.860M -$2.100M -$1.730M
Capital Expenditures -$80.00K -$210.0K -$270.0K
Free Cash Flow -$1.780M -$1.890M -$1.460M
YoY Change 42.4% 40.0% 16.8%

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CY2007 us-gaap Dividends Preferred Stock
DividendsPreferredStock
59164 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
35054 USD
CY2008 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38240 USD
CY2009 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38240 USD
CY2010 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38240 USD
CY2011 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38240 USD
CY2012 us-gaap Dividends Preferred Stock
DividendsPreferredStock
38240 USD
CY2008 trov Stock Issued During Period Value Reclassification Of Temporary Equity
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905000 USD
CY2007 trov Reclassification Of Derivative Financial Instruments Adoption Of Pronouncement
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111700 USD
CY2012 trov Reclassification Of Derivative Financial Instruments Correction Of Error
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274967 USD
CY2009 trov Warrants And Price Protected Units Classified As Derivative Liabilities Value
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1497568 USD
CY2010 trov Warrants And Price Protected Units Classified As Derivative Liabilities Value
WarrantsAndPriceProtectedUnitsClassifiedAsDerivativeLiabilitiesValue
1010114 USD
CY2011 trov Warrants And Price Protected Units Classified As Derivative Liabilities Value
WarrantsAndPriceProtectedUnitsClassifiedAsDerivativeLiabilitiesValue
1298618 USD
CY2012 trov Warrants And Price Protected Units Classified As Derivative Liabilities Value
WarrantsAndPriceProtectedUnitsClassifiedAsDerivativeLiabilitiesValue
1796610 USD
CY2007 trov Adjustment To Additional Paid In Capital For Donated Services
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62500 USD
trov Adjustment To Additional Paid In Capital For Donated Services
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275000 USD
CY2008 trov Adjustment To Additional Paid In Capital For Donated Services
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390750 USD
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OperatingIncomeLoss
-4849156 USD
CY2003 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-14760 USD
CY2001 us-gaap Net Income Loss
NetIncomeLoss
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CY2002 us-gaap Net Income Loss
NetIncomeLoss
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CY2004 us-gaap Net Income Loss
NetIncomeLoss
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CY2005 us-gaap Net Income Loss
NetIncomeLoss
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CY2006 us-gaap Net Income Loss
NetIncomeLoss
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CY2007 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2008 us-gaap Net Income Loss
NetIncomeLoss
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CY2009 us-gaap Net Income Loss
NetIncomeLoss
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CY2010 us-gaap Net Income Loss
NetIncomeLoss
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CY2011 us-gaap Operating Income Loss
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227541 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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230584 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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237339 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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250855 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
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946319 USD
CY2013 us-gaap Operating Leases Rent Expense Net
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294000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
270000 USD
CY2013 trov Defined Contribution Plan Threshold Age Catch Up Contribution
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P55Y
CY2006Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2000000 shares
CY2006Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
833333 shares
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3666667 shares
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CY2013 us-gaap Allocated Share Based Compensation Expense
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1979364 USD
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111 pure
CY2012Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.1667 pure
CY2012 trov Class Of Warrant Or Right Number Exercised
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16667 shares
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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3.00
CY2011Q4 us-gaap Class Of Warrant Or Right Outstanding
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3601474 shares
CY2013Q4 us-gaap Class Of Warrant Or Right Outstanding
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6233483 shares
CY2012Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
6985070 shares
CY2013 trov Class Of Warrant Or Right Number Granted
ClassOfWarrantOrRightNumberGranted
50000 shares
CY2012 trov Class Of Warrant Or Right Number Granted
ClassOfWarrantOrRightNumberGranted
3416934 shares
CY2013 trov Class Of Warrant Or Right Number Exercised
ClassOfWarrantOrRightNumberExercised
728488 shares
CY2013 trov Class Of Warrant Or Right Number Expired
ClassOfWarrantOrRightNumberExpired
73099 shares
CY2012 trov Class Of Warrant Or Right Number Expired
ClassOfWarrantOrRightNumberExpired
16671 shares
CY2013Q4 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
3.87
CY2011Q4 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
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3.18
CY2012Q4 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
3.96
CY2013 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Granted
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsGranted
8.00
CY2012 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Granted
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsGranted
4.88
CY2012 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Exercised
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsExercised
3.00
CY2013 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Expired
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsExpired
4.50
CY2012 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Expired
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsExpired
3.00
CY2013 us-gaap Proceeds From Issuance Of Common Stock
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18829644 USD
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
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-455385 USD
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
250978 USD
CY2011 trov Unrealized Gain Loss On Modification Of Warrants
UnrealizedGainLossOnModificationOfWarrants
-581503 USD
CY2011 trov Preferred Stock Dividend Accrued
PreferredStockDividendAccrued
38240 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41842 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10285 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
394161 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
1979364 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
532140 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
250978 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13991829 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-54268328 USD
CY2013 us-gaap Investment Income Net
InvestmentIncomeNet
3663 USD
trov Founders Compensation Contributed To Equity
FoundersCompensationContributedToEquity
1655031 USD
trov Donated Services Contributed To Equity
DonatedServicesContributedToEquity
829381 USD
trov Settlement Of Consulting Services In Stock
SettlementOfConsultingServicesInStock
478890 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2346330 USD
trov Stock Based Liquidated Damages And Forbearance Settlement Costs
StockBasedLiquidatedDamagesAndForbearanceSettlementCosts
1758111 USD
CY2011 us-gaap Paid In Kind Interest
PaidInKindInterest
56636 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
104700 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
270080 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-270080 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1268367 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15323548 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2573500 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
51585195 USD
CY2013 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
3599831 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
3599831 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
38249 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
600 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
38849 USD
trov Proceeds From Non Exclusive Selling Agent Agreement
ProceedsFromNonExclusiveSellingAgentAgreement
142187 USD
CY2013 us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
515964 USD
us-gaap Proceeds From Long Term Capital Lease Obligations
ProceedsFromLongTermCapitalLeaseObligations
515964 USD
trov Payment For Recapitalization Cost
PaymentForRecapitalizationCost
-362849 USD
CY2012 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
10119407 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
25836937 USD
us-gaap Paid In Kind Interest
PaidInKindInterest
757198 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1084114 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2771000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
277102 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25836937 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
700374 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
7650 USD
CY2013 us-gaap Interest Paid
InterestPaid
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us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
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1130164 USD
trov Adjustments To Additional Paid In Capital Warrants Reclassified Amount
AdjustmentsToAdditionalPaidInCapitalWarrantsReclassifiedAmount
8735334 USD
trov Reclassification Of Derivative Financial Instruments Correction Of Error
ReclassificationOfDerivativeFinancialInstrumentsCorrectionOfError
274967 USD
CY2011 us-gaap Investment Income Net
InvestmentIncomeNet
171 USD
CY2012 trov Preferred Stock Dividend Accrued
PreferredStockDividendAccrued
38240 USD
trov Preferred Stock Dividend Accrued
PreferredStockDividendAccrued
221040 USD
CY2011 trov Interest Paid In Common Stock
InterestPaidInCommonStock
128421 USD
trov Interest Paid In Common Stock
InterestPaidInCommonStock
1325372 USD
us-gaap Stock Issued During Period Shares Issued For Noncash Consideration
StockIssuedDuringPeriodSharesIssuedForNoncashConsideration
41750 shares
CY2013 us-gaap Interest Expense
InterestExpense
17005 USD
CY2011 us-gaap Interest Expense
InterestExpense
56636 USD
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
41667 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.50
us-gaap Interest Expense
InterestExpense
1342377 USD
CY2013 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Exercised
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsExercised
4.99
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-22941 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
2335050 USD
CY2013Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.06 pure
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
198166 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
209032 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
113966 USD
us-gaap Investment Income Net
InvestmentIncomeNet
270546 USD
CY2005 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
0 USD
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
92748 USD
CY2012 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
17383 USD
CY2011 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-108374 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
152789 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1055690 USD
CY2013 trov Adjustments To Additional Paid In Capital Warrants Reclassified Amount
AdjustmentsToAdditionalPaidInCapitalWarrantsReclassifiedAmount
5417871 USD
CY2013 trov Adjustment To Additional Paid In Capital For Warrants Issued As Noncash Consideration
AdjustmentToAdditionalPaidInCapitalForWarrantsIssuedAsNoncashConsideration
198791 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6720805 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
0 USD
CY2013 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6127249 shares
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
78994 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
152789 USD
CY2011 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
170673 USD
CY2013Q4 us-gaap Other Assets Noncurrent
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336450 USD
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
286608 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1524092 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
60 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
1890 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
87433460 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-67043410 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18941 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2346330 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-6578913 USD
CY2011 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
623383 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
623383 USD
us-gaap Research And Development In Process
ResearchAndDevelopmentInProcess
2666869 USD
trov Liquidated Damages And Other Forbearance Costs
LiquidatedDamagesAndOtherForbearanceCosts
1758111 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-11810938 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-11565961 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-2239212 USD
us-gaap Net Income Loss
NetIncomeLoss
-65419071 USD
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
29840 USD
CY2012 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
38240 USD
CY2011 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
38240 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
375998 USD
us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
792956 USD
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnNetIncome
-455385 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11840778 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11604201 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2277452 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-67043410 USD
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.70
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.89
CY2011 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.23
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16978212 shares
CY2012 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
13066600 shares
CY2011 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9711519 shares
trov Stock Based Expense For Severance Pay
StockBasedExpenseForSeverancePay
28346 USD
trov Stock Based Expense For Legal Fees
StockBasedExpenseForLegalFees
100000 USD
CY2012 trov Stock Based Expense For Consulting Services
StockBasedExpenseForConsultingServices
164889 USD
CY2011 trov Stock Based Expense For Consulting Services
StockBasedExpenseForConsultingServices
175000 USD
trov Stock Based Expense For Consulting Services
StockBasedExpenseForConsultingServices
651180 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-25631 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-21648 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
44250 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-89387 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
69241 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24140 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
78995 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
7650 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-737752 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1734309 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1930301 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-32328999 USD
us-gaap Interest Paid
InterestPaid
9459 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1172000 USD
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2012Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
11001679 shares
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
649284 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1528 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1163667 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-649284 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1528 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
116718 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
22983688 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
15324148 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2573500 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
59434303 USD
CY2013 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
15017156 USD
CY2011 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
641671 USD
CY2013Q4 trov Noninterest Bearing Cash Balance Fdic Insured Amount Maximum
NoninterestBearingCashBalanceFDICInsuredAmountMaximum
250000 USD
CY2013Q4 us-gaap Area Of Land
AreaOfLand
8041
CY2013Q4 us-gaap Area Of Land
AreaOfLand
8303
CY2013 trov Stock Issued During Period Value Stock Options Exercised Net
StockIssuedDuringPeriodValueStockOptionsExercisedNet
38249 USD
CY2011 us-gaap Stock Issued During Period Shares Issued For Noncash Consideration
StockIssuedDuringPeriodSharesIssuedForNoncashConsideration
41750 shares
CY2013 us-gaap License And Services Revenue
LicenseAndServicesRevenue
0 USD
CY2013 us-gaap Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
0 USD
CY2011 us-gaap Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
0 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58703 USD
CY2010Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2629056 shares
CY2011 trov Class Of Warrant Or Right Number Granted
ClassOfWarrantOrRightNumberGranted
1048175 shares
CY2011 trov Class Of Warrant Or Right Number Expired
ClassOfWarrantOrRightNumberExpired
75757 shares
CY2010Q4 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
3.24
CY2011 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Granted
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsGranted
3.00
CY2011 trov Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights Expired
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRightsExpired
4.50
CY2013 trov Minimum Period Within Which Additional Capital Is Required To Be Raised
MinimumPeriodWithinWhichAdditionalCapitalIsRequiredToBeRaised
P12M
CY2013 trov Maximum Period Within Which Additional Capital Is Required To Be Raised
MaximumPeriodWithinWhichAdditionalCapitalIsRequiredToBeRaised
P18M
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
119000 USD
CY2013Q1 us-gaap Costs And Expenses
CostsAndExpenses
2509000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1117000 USD
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15510340 shares
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
49000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
2423000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5279000 USD
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15583957 shares
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
44000 USD
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
3121000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4407000 USD
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.25
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17870703 shares
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
47000 USD
CY2013Q4 us-gaap Costs And Expenses
CostsAndExpenses
2897000 USD
CY2013Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1038000 USD
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2013Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
18900781 shares
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
34000 USD
CY2012Q1 us-gaap Costs And Expenses
CostsAndExpenses
1164000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
42000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
1287000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3436000 USD
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.28
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
12086528 shares
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
212000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
1250000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-660000 USD
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14178733 shares
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
163000 USD
CY2012Q4 us-gaap Costs And Expenses
CostsAndExpenses
1598000 USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6336000 USD
CY2012Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
CY2012Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14715668 shares
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
504186 USD
CY2013Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
521164 USD
CY2006 trov Return Of Treasury Stock From Escrow During Period Value
ReturnOfTreasuryStockFromEscrowDuringPeriodValue
0 USD
CY2006 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2007 trov Reclassification Of Deferred Unamortized Stock Based Compensation
ReclassificationOfDeferredUnamortizedStockBasedCompensation
0 USD
CY2013 trov Stock Based Expense For Consulting Services
StockBasedExpenseForConsultingServices
198791 USD
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.00 pure
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
4398700 USD
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
1992100 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
348602 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
259641 USD

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