2017 Q4 Form 10-K Financial Statement

#000162828018002226 Filed on February 26, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $185.0K $505.4K $68.00K
YoY Change 172.06% 32.63% -13.92%
Cost Of Revenue $380.0K $1.811M $590.0K
YoY Change -35.59% 4.68% 195.0%
Gross Profit -$200.0K -$1.306M -$520.0K
YoY Change -61.54% -3.22% 333.33%
Gross Profit Margin -108.11% -258.41% -764.71%
Selling, General & Admin $1.850M $14.23M $3.610M
YoY Change -48.75% -38.12% -13.01%
% of Gross Profit
Research & Development $1.230M $7.883M $4.860M
YoY Change -74.69% -47.47% 56.27%
% of Gross Profit
Depreciation & Amortization $290.0K $1.248M $380.0K
YoY Change -23.68% 16.65% 192.31%
% of Gross Profit
Operating Expenses $3.969M $26.10M $9.850M
YoY Change -59.71% -35.6% 31.98%
Operating Profit -$4.169M -$25.60M -$10.37M
YoY Change -59.8% -36.24% 36.75%
Interest Expense $1.380M $1.034M $1.380M
YoY Change 0.0% -38.25% 13700.0%
% of Operating Profit
Other Income/Expense, Net -$170.0K -$170.0K -$140.0K
YoY Change 21.43% 21.43% 1300.0%
Pretax Income -$2.570M -$24.91M -$8.550M
YoY Change -69.94% -36.45% 15.85%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$2.570M -$24.91M -$8.550M
YoY Change -69.94% -36.47% 15.85%
Net Earnings / Revenue -1389.19% -4928.09% -12573.53%
Basic Earnings Per Share -$0.06 -$51.76 -$0.28
Diluted Earnings Per Share -$0.06 -$51.76 -$0.34
COMMON SHARES
Basic Shares Outstanding 40.18M shares 481.7K shares 30.64M shares
Diluted Shares Outstanding 40.18M shares 481.7K shares 30.71M shares

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.200M $8.200M $37.90M
YoY Change -78.36% -78.36% -43.85%
Cash & Equivalents $8.226M $8.200M $13.92M
Short-Term Investments $0.00 $0.00 $24.00M
Other Short-Term Assets $1.200M $1.200M $1.000M
YoY Change 20.0% 20.0% 25.0%
Inventory
Prepaid Expenses
Receivables $77.10K $100.0K $100.5K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.469M $9.500M $38.95M
YoY Change -75.69% -75.64% -43.04%
LONG-TERM ASSETS
Property, Plant & Equipment $2.426M $2.400M $3.827M
YoY Change -36.6% -36.84% 42.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $389.9K $400.0K $1.173M
YoY Change -66.77% -66.67% 213.71%
Total Long-Term Assets $2.816M $2.800M $5.000M
YoY Change -43.68% -44.0% 63.16%
TOTAL ASSETS
Total Short-Term Assets $9.469M $9.500M $38.95M
Total Long-Term Assets $2.816M $2.800M $5.000M
Total Assets $12.28M $12.30M $43.95M
YoY Change -72.05% -72.05% -38.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $825.2K $800.0K $1.131M
YoY Change -27.0% -27.27% 8.61%
Accrued Expenses $1.455M $1.500M $4.021M
YoY Change -63.83% -62.5% 111.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.300M $1.300M $2.400M
YoY Change -45.83% -45.83% -53.85%
Total Short-Term Liabilities $3.946M $3.900M $7.797M
YoY Change -49.4% -50.0% -4.92%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $14.20M
YoY Change -100.0% -100.0% 26.79%
Other Long-Term Liabilities $1.800M $1.800M $2.200M
YoY Change -18.18% -18.18%
Total Long-Term Liabilities $1.800M $1.800M $16.40M
YoY Change -89.02% -89.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.946M $3.900M $7.797M
Total Long-Term Liabilities $1.800M $1.800M $16.40M
Total Liabilities $5.779M $5.800M $24.18M
YoY Change -76.1% -76.03% 6.32%
SHAREHOLDERS EQUITY
Retained Earnings -$173.0M -$148.1M
YoY Change 16.83% 36.03%
Common Stock $5.279K $3.070K
YoY Change 71.95% 3.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.506M $6.500M $19.77M
YoY Change
Total Liabilities & Shareholders Equity $12.28M $12.30M $43.95M
YoY Change -72.05% -72.05% -38.48%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$2.570M -$24.91M -$8.550M
YoY Change -69.94% -36.47% 15.85%
Depreciation, Depletion And Amortization $290.0K $1.248M $380.0K
YoY Change -23.68% 16.65% 192.31%
Cash From Operating Activities -$3.330M -$23.28M -$9.000M
YoY Change -63.0% -25.0% 32.16%
INVESTING ACTIVITIES
Capital Expenditures $40.00K $101.1K -$20.00K
YoY Change -300.0% -87.72% -97.96%
Acquisitions
YoY Change
Other Investing Activities $0.00 $24.06M $440.0K
YoY Change -100.0% -200.21% 4300.0%
Cash From Investing Activities $30.00K $23.96M $420.0K
YoY Change -92.86% -196.5% -143.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.73M
YoY Change 395.9%
Debt Paid & Issued, Net $15.00M
YoY Change 68.61%
Cash From Financing Activities 4.070M -6.380M -60.00K
YoY Change -6883.33% -377.39% -105.31%
NET CHANGE
Cash From Operating Activities -3.330M -23.28M -9.000M
Cash From Investing Activities 30.00K 23.96M 420.0K
Cash From Financing Activities 4.070M -6.380M -60.00K
Net Change In Cash 770.0K -5.700M -8.640M
YoY Change -108.91% -89.36% 29.92%
FREE CASH FLOW
Cash From Operating Activities -$3.330M -$23.28M -$9.000M
Capital Expenditures $40.00K $101.1K -$20.00K
Free Cash Flow -$3.370M -$23.38M -$8.980M
YoY Change -62.47% -26.62% 54.03%

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-0.34
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.72
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.72
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5825 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
7569 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.43
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.43
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.85
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.06
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.03
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.03
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.02
CY2016Q4 us-gaap Employee Related Liabilities Current
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2203876 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
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618128 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
0 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-577314 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-455051 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1655825 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11475947 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11497466 USD
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
104700 USD
CY2017 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
16996000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-23281067 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
800 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2157221 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2940999 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1724 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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-23365 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-11029000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
21454000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-114000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
0 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-13206000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-8591000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2286000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-697000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1276000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
431000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
4560 USD
CY2016 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
84182 USD
CY2017 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
90330 USD
CY2016 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
201037 USD
CY2017 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
140863 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
789739 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
0 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
277327 USD
CY2017 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
208185 USD
CY2016 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
106425 shares
CY2017 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2016 us-gaap Interest Expense
InterestExpense
1674341 USD
CY2017 us-gaap Interest Expense
InterestExpense
1033939 USD
CY2016 us-gaap Interest Paid
InterestPaid
1103677 USD
CY2017 us-gaap Interest Paid
InterestPaid
668465 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
298829 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
147883 USD
CY2016Q4 us-gaap Liabilities
Liabilities
24182272 USD
CY2017Q4 us-gaap Liabilities
Liabilities
5778834 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
43950411 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12284941 USD
CY2016Q4 us-gaap Liabilities Current
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7797256 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
3945770 USD
CY2017Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
1331515 USD
CY2017Q4 us-gaap Litigation Reserve
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2100000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
14176359 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
0 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2360109 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1331515 USD
CY2016 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-53577953 USD
CY2017 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-5689330 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2301376 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-6378057 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-24833649 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
23962225 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-31039855 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-39203719 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-24906744 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10269000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10208000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10197000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8554000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-39227959 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10005000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8052000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4298000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2576000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24930984 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-41549012 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-24930984 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
10579000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
10084000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
10013000 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
9850000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
40526683 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
10221000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
5990000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
5921000 USD
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
3969000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
26101201 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-40145611 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-25595797 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3679552 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
881815 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
959401 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
931457 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
906879 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
399628 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
216504 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
183124 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
0 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
602000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
663000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
659976 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
701320 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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1173304 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
36873 USD
CY2017 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
23849 USD
CY2016 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2017 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
1613067 USD
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
79386 USD
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
866039 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
37760166 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
8804604 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
389942 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1708 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1708 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10773 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10773 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-9065 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
9065 USD
CY2016 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-144733 USD
CY2017 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-170138 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
823483 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
101101 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24240 USD
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
24240 USD
CY2016Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
606000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
606000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
60600 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
60600 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
60 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
60 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
956616 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1165828 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2364801 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11727153 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
7805085 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
100000 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
792251 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
13750000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
16431837 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
16434553 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1540 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
CY2017 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
589700 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
262000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-148115202 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-173046186 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
626104 USD
CY2016 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
15006642 USD
CY2017 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
7882650 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
790438 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
2174251 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
366966 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5588900 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4497804 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3826915 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2426312 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8896166 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15000000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
52175 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
258062 USD
CY2017 us-gaap Royalty Revenue
RoyaltyRevenue
285444 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
120000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
104000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
89000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
68000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
381072 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
95000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
102000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
123000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
185000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
505404 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
86137 USD
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
196111 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11523144 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2735410 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
7504316 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
4012585 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1932799 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
293781 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
647885 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6261655 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3992127 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
23978022 USD
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2017 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
745392 shares
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2285415 USD
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10861113 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
366966 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
48701289 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
19768139 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
6506107 USD
CY2016 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2462137 USD
CY2017 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3401072 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30108377 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29958037 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30339774 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30711946 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30281263 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30961014 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30991740 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36465672 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40182071 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34680362 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29755184 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29958037 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30339774 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30639440 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30174838 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30961014 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30991740 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36465672 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40182071 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34680362 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents and short-term investments. The Company maintains deposit accounts at financial institutions that are in excess of federally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to significant risk on its cash due to the financial position of the depository institution in which those deposits are held. We limit our exposure to credit loss by generally placing our cash and short-term investments in high credit quality financial institutions and investment in fixed income instruments denominated and payable in U.S. dollars. Additionally, we have established guidelines regarding diversification of our investments and their maturities, which are designed to maintain principal and maximize liquidity.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0001628280-18-002226-index-headers.html Edgar Link pending
0001628280-18-002226-index.html Edgar Link pending
0001628280-18-002226.txt Edgar Link pending
0001628280-18-002226-xbrl.zip Edgar Link pending
exhibit231q42017.htm Edgar Link pending
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