2016 Q1 Form 10-K Financial Statement
#000114420416091408 Filed on March 30, 2016
Income Statement
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $20.00K |
| YoY Change | -100.0% | -100.0% | -60.0% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $230.0K | $800.0K | $210.0K |
| YoY Change | -11.54% | -24.89% | -22.22% |
| % of Gross Profit | |||
| Research & Development | $12.75K | $47.74K | $60.00K |
| YoY Change | -70.29% | -75.96% | -33.33% |
| % of Gross Profit | |||
| Depreciation & Amortization | $279.00 | $0.00 | |
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $44.46K | $847.8K | $270.0K |
| YoY Change | 3.62% | 326.97% | -25.0% |
| Operating Profit | -$44.46K | ||
| YoY Change | |||
| Interest Expense | $4.571K | -$57.79K | -$20.00K |
| YoY Change | -47.0% | -176.31% | 0.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$230.0K | -$900.4K | -$270.0K |
| YoY Change | -25.81% | -28.18% | -18.18% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | -$49.04K | -$900.4K | -$270.0K |
| YoY Change | -83.94% | -28.18% | -18.18% |
| Net Earnings / Revenue | -1350.0% | ||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$49.78K | -$305.3K | -$156.1K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 1.384B shares | 528.2M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $0.00 | $8.810K | $30.00K |
| YoY Change | -74.46% | -57.14% | |
| Cash & Equivalents | |||
| Short-Term Investments | |||
| Other Short-Term Assets | $10.00K | $1.830K | $20.00K |
| YoY Change | 0.0% | -89.33% | 100.0% |
| Inventory | |||
| Prepaid Expenses | $17.15K | ||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $10.00K | $15.64K | $51.63K |
| YoY Change | -43.64% | -69.71% | -39.03% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $7.250K | ||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $0.00 | $0.00 | $10.00K |
| YoY Change | -100.0% | -100.0% | -66.67% |
| Total Long-Term Assets | $10.00K | $7.240K | $5.440K |
| YoY Change | -31.53% | 33.09% | -80.41% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $10.00K | $15.64K | $51.63K |
| Total Long-Term Assets | $10.00K | $7.240K | $5.440K |
| Total Assets | $20.00K | $22.88K | $57.07K |
| YoY Change | -38.18% | -59.91% | -49.25% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $310.0K | $24.52K | $384.6K |
| YoY Change | -25.73% | -93.63% | 173.94% |
| Accrued Expenses | $80.00K | $3.050K | $190.0K |
| YoY Change | -66.67% | -98.43% | 850.0% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $60.00K | $410.0K | |
| YoY Change | -85.0% | -32.79% | |
| Total Short-Term Liabilities | $460.0K | $27.56K | $1.007M |
| YoY Change | -57.18% | -97.26% | 4.53% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $130.6K | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $0.00 | ||
| YoY Change | -100.0% | ||
| Total Long-Term Liabilities | $0.00 | $130.6K | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $460.0K | $27.56K | $1.007M |
| Total Long-Term Liabilities | $0.00 | $130.6K | $0.00 |
| Total Liabilities | $460.0K | $158.1K | $1.007M |
| YoY Change | -57.18% | -84.29% | 4.53% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$22.38M | -$21.26M | |
| YoY Change | |||
| Common Stock | $21.94M | $20.31M | |
| YoY Change | 8.79% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$439.1K | -$135.3K | -$949.8K |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $16.26K | $22.88K | $57.07K |
| YoY Change | -45.81% | -59.91% | -49.25% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 | 2014 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$49.04K | -$900.4K | -$270.0K |
| YoY Change | -83.94% | -28.18% | -18.18% |
| Depreciation, Depletion And Amortization | $279.00 | $0.00 | |
| YoY Change | |||
| Cash From Operating Activities | -$8.175K | -$142.5K | -$80.00K |
| YoY Change | -95.0% | -78.09% | -68.0% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | |||
| YoY Change | |||
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | $0.00 | $119.1K | 40.00K |
| YoY Change | -100.0% | -80.6% | -87.1% |
| NET CHANGE | |||
| Cash From Operating Activities | -$8.175K | -$142.5K | -80.00K |
| Cash From Investing Activities | |||
| Cash From Financing Activities | $0.00 | $119.1K | 40.00K |
| Net Change In Cash | -$8.175K | -$23.36K | -40.00K |
| YoY Change | -74.24% | -35.61% | -166.67% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$8.175K | -$142.5K | -$80.00K |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2015 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2015 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2015 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2015Q2 | dei |
Entity Public Float
EntityPublicFloat
|
760304 | USD |
| CY2015 | dei |
Trading Symbol
TradingSymbol
|
TDCP | |
| CY2016Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
1384399001 | shares |
| CY2014Q4 | us-gaap |
Cash
Cash
|
34485 | USD |
| CY2014Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
17149 | USD |
| CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
51634 | USD |
| CY2015Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
0 | USD |
| CY2014Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
3125 | USD |
| CY2014Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
2315 | USD |
| CY2014Q4 | us-gaap |
Assets
Assets
|
57074 | USD |
| CY2014Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
405791 | USD |
| CY2014Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
21591 | USD |
| CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
384639 | USD |
| CY2014Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
158102 | USD |
| CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
36777 | USD |
| CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1006900 | USD |
| CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
1006900 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
69 | USD |
| CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
274191 | USD |
| CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
20545939 | USD |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22158990 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-21258575 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1338791 | USD |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
34757 | USD |
| CY2015 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
685572 | USD |
| CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
420911 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-650414 | USD |
| CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-142491 | USD |
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
15000 | USD |
| CY2014 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
108500 | USD |
| CY2015 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
60001 | USD |
| CY2014 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
77109 | USD |
| CY2015 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
16523 | USD |
| CY2015 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
0 | USD |
| CY2014 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3230 | USD |
| CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4172 | USD |
| CY2014 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
539310 | USD |
| CY2015 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
54710 | USD |
| CY2014 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
215500 | USD |
| CY2015 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
121764 | USD |
| CY2014 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
140680 | USD |
| CY2015 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
57347 | USD |
| CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
614130 | USD |
| CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
119127 | USD |
| CY2014 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-36284 | USD |
| CY2015 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-23364 | USD |
| CY2013Q4 | us-gaap |
Cash
Cash
|
70769 | USD |
| CY2014 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
336552 | USD |
| CY2015 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
300204 | USD |
| CY2014 | us-gaap |
Stock Issued1
StockIssued1
|
6267 | USD |
| CY2015 | us-gaap |
Stock Issued1
StockIssued1
|
75000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
22158990 | USD | |
| CY2015Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0475 | pure |
| CY2015 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
54710 | USD |
| CY2013Q3 | us-gaap |
Grants Receivable
GrantsReceivable
|
300000 | USD |
| CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0002 | |
| CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0002 | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
345000 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
355000 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
355000 | shares |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
345000 | shares |
| CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0002 | |
| CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0002 | |
| CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1500000000 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1500000000 | shares |
| CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1370953255 | shares |
| CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1370953255 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
539674567 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
539674567 | shares |
| CY2015 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt">Use of estimates</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of financial statements in conformity with U. S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and the disclosure of contingent assets and liabilities. Actual results could differ from the estimates and assumptions used. </font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1336480 | USD |
| CY2014 | tdcp |
Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
|
513390 | USD |
| CY2015 | tdcp |
Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
|
76245 | USD |
| CY2014 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
336552 | USD |
| CY2015 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
300204 | USD |
| CY2015 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
0 | USD |
| CY2014 | tdcp |
Stock Issued During Period Value Subject To Expired Put Calls Restored
StockIssuedDuringPeriodValueSubjectToExpiredPutCallsRestored
|
485649 | USD |
| CY2015 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2015-07-31 | |
| CY2015 | tdcp |
Lease Agreement Signed Date
LeaseAgreementSignedDate
|
2015-07-02 | |
| CY2015 | tdcp |
Extended Lease Expiration Date
ExtendedLeaseExpirationDate
|
2018-07-31 | |
| CY2015 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
42819790 | shares |
| CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
60000 | USD |
| CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
23000 | USD |
| CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
23000 | USD |
| CY2015Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
14000 | USD |
| CY2014 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
0 | USD |
| CY2013Q4 | us-gaap |
Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
|
195000 | USD |
| CY2013Q4 | us-gaap |
Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
|
195000 | USD |
| CY2013Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
195000 | USD |
| CY2014Q1 | tdcp |
Purchase Price Per Share
PurchasePricePerShare
|
1.00 | |
| CY2014Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
385000 | USD |
| CY2015 | tdcp |
Conversion Price Of Stock
ConversionPriceOfStock
|
0.05 | |
| CY2013Q4 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
195000 | USD |
| CY2014Q1 | tdcp |
Warrants To Purchase Of Common Stock
WarrantsToPurchaseOfCommonStock
|
50 | shares |
| CY2015 | us-gaap |
Interest Paid
InterestPaid
|
28462 | USD |
| CY2014 | us-gaap |
Interest Paid
InterestPaid
|
11928 | USD |
| CY2014 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
42819790 | shares |
