2014 Q2 Form 10-Q Financial Statement

#000114420414050135 Filed on August 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $605.0K $0.00
YoY Change
Gross Profit -$605.0K $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $1.670M $1.560M
YoY Change 7.05% 271.43%
% of Gross Profit
Research & Development $1.333M $1.416M
YoY Change -5.86% 215.26%
% of Gross Profit
Depreciation & Amortization $160.0K $190.0K
YoY Change -15.79%
% of Gross Profit
Operating Expenses $2.998M $3.596M
YoY Change -16.63% 700.63%
Operating Profit -$3.603M -$3.596M
YoY Change 0.19% 315.08%
Interest Expense $390.0K -$1.680M
YoY Change -123.21%
% of Operating Profit
Other Income/Expense, Net $349.0K -$1.690M
YoY Change -120.65% 191727.47%
Pretax Income -$3.250M -$5.290M
YoY Change -38.56% 508.05%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.254M -$5.286M
YoY Change -38.44% 509.53%
Net Earnings / Revenue
Basic Earnings Per Share -$0.14 -$0.29
Diluted Earnings Per Share -$0.15 -$0.29
COMMON SHARES
Basic Shares Outstanding 22.99M shares 18.33M shares
Diluted Shares Outstanding 23.20M shares 18.33M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.000M $7.200M
YoY Change -72.22%
Cash & Equivalents $1.819M $7.026M
Short-Term Investments $200.0K $100.0K
Other Short-Term Assets $0.00 $0.00
YoY Change
Inventory $22.00K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.362M $7.807M
YoY Change -69.75%
LONG-TERM ASSETS
Property, Plant & Equipment $991.0K $1.486M
YoY Change -33.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $100.0K
YoY Change -100.0%
Total Long-Term Assets $1.040M $1.594M
YoY Change -34.76%
TOTAL ASSETS
Total Short-Term Assets $2.362M $7.807M
Total Long-Term Assets $1.040M $1.594M
Total Assets $3.402M $9.401M
YoY Change -63.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $700.0K
YoY Change 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.776M $1.327M
YoY Change 33.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.400M $6.200M
YoY Change -12.9%
Total Long-Term Liabilities $5.400M $6.200M
YoY Change -12.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.776M $1.327M
Total Long-Term Liabilities $5.400M $6.200M
Total Liabilities $7.200M $7.600M
YoY Change -5.26%
SHAREHOLDERS EQUITY
Retained Earnings -$26.24M
YoY Change
Common Stock $2.000K $1.996K
YoY Change 0.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.800M $1.842M
YoY Change
Total Liabilities & Shareholders Equity $3.400M $9.401M
YoY Change -63.84%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$3.254M -$5.286M
YoY Change -38.44% 509.53%
Depreciation, Depletion And Amortization $160.0K $190.0K
YoY Change -15.79%
Cash From Operating Activities -$2.080M -$2.050M
YoY Change 1.46% 327.08%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K -$690.0K
YoY Change -95.65% 6800.0%
Acquisitions
YoY Change
Other Investing Activities $20.00K -$180.0K
YoY Change -111.11%
Cash From Investing Activities -$10.00K -$870.0K
YoY Change -98.85% 8600.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 100.0K 9.650M
YoY Change -98.96%
NET CHANGE
Cash From Operating Activities -2.080M -2.050M
Cash From Investing Activities -10.00K -870.0K
Cash From Financing Activities 100.0K 9.650M
Net Change In Cash -1.990M 6.730M
YoY Change -129.57% -1473.47%
FREE CASH FLOW
Cash From Operating Activities -$2.080M -$2.050M
Capital Expenditures -$30.00K -$690.0K
Free Cash Flow -$2.050M -$1.360M
YoY Change 50.74% 189.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Basis Of Accounting
BasisOfAccounting
<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-TRANSFORM: none; TEXT-INDENT: -56.7pt; MARGIN: 0pt 0px 0pt 56.7pt; FONT: bold 10pt 'Times New Roman', Times, serif; WHITE-SPACE: normal; LETTER-SPACING: normal; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px" align="justify">NOTE 3:-&#160;&#160;&#160;&#160;&#160;&#160;&#160;UNAUDITED INTERIM FINANCIAL STATEMENTS</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-TRANSFORM: none; TEXT-INDENT: -28.35pt; MARGIN: 0pt 0px 0pt 85.05pt; FONT: 10pt 'Times New Roman', Times, serif; WHITE-SPACE: normal; LETTER-SPACING: normal; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-TRANSFORM: none; TEXT-INDENT: 0in; MARGIN: 0pt 0px 0pt 55.7pt; FONT: 10pt 'Times New Roman', Times, serif; WHITE-SPACE: normal; LETTER-SPACING: normal; COLOR: rgb(0,0,0); WORD-SPACING: 0px; -webkit-text-stroke-width: 0px" align="justify">The accompanying unaudited interim consolidated financial statements as of June 30, 2014, have been prepared in accordance with U.S. generally accepted accounting principles and standards of the Public Company Accounting Oversight Board for interim financial information. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles in the United States for complete financial statements. In the opinion of management, the unaudited interim consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the Company&#8217;s consolidated financial position as of June 30, 2014, the Company&#8217;s consolidated results of operations and the Company&#8217;s consolidated cash flows for the six and three months ended June 30, 2014. Results for the six and three months periods ended June 30, 2014 are not necessarily indicative of the results that may be expected for the year ended December 31, 2014.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23013889 shares
us-gaap Operating Income Loss
OperatingIncomeLoss
-6271000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4418000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1819000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2263000 USD
CY2014Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
0 USD
CY2013Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
38000 USD
CY2014Q2 us-gaap Short Term Investments
ShortTermInvestments
166000 USD
CY2013Q4 us-gaap Short Term Investments
ShortTermInvestments
154000 USD
CY2014Q2 us-gaap Assets Current
AssetsCurrent
2362000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
2930000 USD
CY2014Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
49000 USD
CY2013Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
41000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
991000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1145000 USD
CY2014Q2 us-gaap Assets
Assets
3402000 USD
CY2013Q4 us-gaap Assets
Assets
4116000 USD
CY2014Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
681000 USD
CY2013Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
586000 USD
CY2014Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
1095000 USD
CY2013Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
920000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1776000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1506000 USD
CY2014Q2 drio Liability Related To Warrants
LiabilityRelatedToWarrants
5379000 USD
CY2013Q4 drio Liability Related To Warrants
LiabilityRelatedToWarrants
2696000 USD
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
2000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
2000 USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
22486000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19915000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4116000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
923 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P6M22D
drio Percentage Of Aggregate Of Weighted Average Prices Of Common Stock
PercentageOfAggregateOfWeightedAveragePricesOfCommonStock
0.9 pure
us-gaap Labor And Related Expense
LaborAndRelatedExpense
534000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
560000 USD
CY2013Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
276000 USD
CY2014Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
263000 USD
drio Legal And Professional Fees
LegalAndProfessionalFees
469000 USD
drio Legal And Professional Fees
LegalAndProfessionalFees
453000 USD
CY2013Q2 drio Legal And Professional Fees
LegalAndProfessionalFees
336000 USD
CY2014Q2 drio Legal And Professional Fees
LegalAndProfessionalFees
242000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1358000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
877000 USD
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
280000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
531000 USD
drio Stock And Warrants Issued During Period To Service Provider
StockAndWarrantsIssuedDuringPeriodToServiceProvider
1011000 USD
drio Stock And Warrants Issued During Period To Service Provider
StockAndWarrantsIssuedDuringPeriodToServiceProvider
0 USD
CY2013Q2 drio Stock And Warrants Issued During Period To Service Provider
StockAndWarrantsIssuedDuringPeriodToServiceProvider
618000 USD
CY2014Q2 drio Stock And Warrants Issued During Period To Service Provider
StockAndWarrantsIssuedDuringPeriodToServiceProvider
0 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3420000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2146000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1516000 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1292000 USD
drio Bank Charges
BankCharges
14000 USD
drio Bank Charges
BankCharges
7000 USD
CY2013Q2 drio Bank Charges
BankCharges
10000 USD
CY2014Q2 drio Bank Charges
BankCharges
2000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-27000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9000 USD
CY2013Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-16000 USD
CY2014Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
0 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
489000 USD
CY2013Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
0 USD
CY2014Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
41000 USD
drio Revaluation Of Warrant Income Expenses
RevaluationOfWarrantIncomeExpenses
-3800000 USD
drio Revaluation Of Warrant Income Expenses
RevaluationOfWarrantIncomeExpenses
538000 USD
CY2013Q2 drio Revaluation Of Warrant Income Expenses
RevaluationOfWarrantIncomeExpenses
-1664000 USD
CY2014Q2 drio Revaluation Of Warrant Income Expenses
RevaluationOfWarrantIncomeExpenses
396000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3841000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
33000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1690000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
349000 USD
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16590423 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22152675 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16590423 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20071816 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18327387 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22985523 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.63
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.29
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23013889 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
20071816 shares
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2091000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2440000 USD
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1416000 USD
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1333000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1161000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
659000 USD
CY2013Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
664000 USD
CY2014Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
373000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-6672000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3596000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3603000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-41000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-505000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-26000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-47000 USD
us-gaap Net Income Loss
NetIncomeLoss
-10513000 USD
us-gaap Net Income Loss
NetIncomeLoss
-6238000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-5286000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-3254000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.63
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.29
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22260952 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18327387 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23202077 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
-1070000 USD
CY2013 drio Stock Issued During Period Value New Issues February And June2013
StockIssuedDuringPeriodValueNewIssuesFebruaryAndJune2013
996000 USD
CY2013 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
488000 USD
CY2013 drio Warrant Issued During Period For Services Value March And May2013
WarrantIssuedDuringPeriodForServicesValueMarchAndMay2013
523000 USD
drio Stock Issued During Period Value New Issues February2014
StockIssuedDuringPeriodValueNewIssuesFebruary2014
1013000 USD
CY2013 drio Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
708000 USD
drio Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
352000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7000 USD
drio Stockbased Compensation Warrants And Restricted Shares
StockbasedCompensationWarrantsAndRestrictedShares
2862000 USD
drio Stockbased Compensation Warrants And Restricted Shares
StockbasedCompensationWarrantsAndRestrictedShares
1199000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3213000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1199000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-13931000 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
0 USD
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
489000 USD
us-gaap Depreciation
Depreciation
314000 USD
us-gaap Depreciation
Depreciation
358000 USD
drio Increase Decrease In Accounts Receivables And Prepaid Expense
IncreaseDecreaseInAccountsReceivablesAndPrepaidExpense
208000 USD
drio Increase Decrease In Accounts Receivables And Prepaid Expense
IncreaseDecreaseInAccountsReceivablesAndPrepaidExpense
-120000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
371000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
39000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
350000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
175000 USD
drio Increase Decrease In Fair Value Of Warrants
IncreaseDecreaseInFairValueOfWarrants
-3800000 USD
drio Increase Decrease In Fair Value Of Warrants
IncreaseDecreaseInFairValueOfWarrants
538000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3021000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
105000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
130000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
14000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
158000 USD
us-gaap Payments To Acquire Leases Held For Investment
PaymentsToAcquireLeasesHeldForInvestment
92000 USD
us-gaap Payments To Acquire Leases Held For Investment
PaymentsToAcquireLeasesHeldForInvestment
8000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1146000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
150000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1329000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-130000 USD
drio Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
9951000 USD
drio Proceeds From Issuance Of Common Stock And Warrants
ProceedsFromIssuanceOfCommonStockAndWarrants
3754000 USD
drio Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
195000 USD
drio Proceeds From Stock Options And Warrants Exercised
ProceedsFromStockOptionsAndWarrantsExercised
350000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
10146000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4104000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5796000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-444000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1230000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7026000 USD
drio Receivable On Account Of Shares
ReceivableOnAccountOfShares
31000 USD
drio Receivable On Account Of Shares
ReceivableOnAccountOfShares
0 USD
drio Conversionofwarantliabilitytocommonstock
Conversionofwarantliabilitytocommonstock
385000 USD
drio Conversionofwarantliabilitytocommonstock
Conversionofwarantliabilitytocommonstock
9000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
39000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
56000 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
LabStyle Innovations Corp.
dei Entity Central Index Key
EntityCentralIndexKey
0001533998
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
DRIO
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
25498305 shares
CY2014Q2 drio Other Accounts Receivable And Prepaid Expenses
OtherAccountsReceivableAndPrepaidExpenses
355000 USD
CY2013Q4 drio Other Accounts Receivable And Prepaid Expenses
OtherAccountsReceivableAndPrepaidExpenses
475000 USD
CY2014Q2 us-gaap Inventory Net
InventoryNet
22000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
0 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26241000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20003000 USD
us-gaap Revenues
Revenues
0 USD
us-gaap Revenues
Revenues
0 USD
CY2013Q2 us-gaap Revenues
Revenues
0 USD
CY2014Q2 us-gaap Revenues
Revenues
0 USD
us-gaap Cost Of Revenue
CostOfRevenue
0 USD
us-gaap Cost Of Revenue
CostOfRevenue
1026000 USD
CY2013Q2 us-gaap Cost Of Revenue
CostOfRevenue
0 USD
CY2014Q2 us-gaap Cost Of Revenue
CostOfRevenue
605000 USD
us-gaap Gross Profit
GrossProfit
0 USD
us-gaap Gross Profit
GrossProfit
-1026000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
0 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
-605000 USD
us-gaap Operating Expenses
OperatingExpenses
6672000 USD
us-gaap Operating Expenses
OperatingExpenses
5245000 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
3596000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
2998000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22000 USD
us-gaap Other Expenses
OtherExpenses
48000 USD
us-gaap Other Expenses
OtherExpenses
256000 USD
CY2013Q2 us-gaap Other Expenses
OtherExpenses
6000 USD
CY2014Q2 us-gaap Other Expenses
OtherExpenses
256000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-3000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2014Q1 drio Stockbased Compensation Warrants And Restricted Shares
StockbasedCompensationWarrantsAndRestrictedShares
690000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
343000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-303000 USD
CY2013Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2014Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-290000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-10513000 USD
us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-6541000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-5286000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-3544000 USD
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
108277 shares
CY2013Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
216554 shares

Files In Submission

Name View Source Status
0001144204-14-050135-index-headers.html Edgar Link pending
0001144204-14-050135-index.html Edgar Link pending
0001144204-14-050135.txt Edgar Link pending
0001144204-14-050135-xbrl.zip Edgar Link pending
drio-20140630.xml Edgar Link completed
drio-20140630.xsd Edgar Link pending
drio-20140630_cal.xml Edgar Link unprocessable
drio-20140630_def.xml Edgar Link unprocessable
drio-20140630_lab.xml Edgar Link unprocessable
drio-20140630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v385596_10q.htm Edgar Link pending
v385596_ex31-1.htm Edgar Link pending
v385596_ex31-2.htm Edgar Link pending
v385596_ex32-1.htm Edgar Link pending
v385596_ex32-2.htm Edgar Link pending