2014 Q2 Form 10-Q Financial Statement
#000114420414050135 Filed on August 14, 2014
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:-       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"> </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’s consolidated financial position as of June 30, 2014, the Company’s consolidated results of operations and the Company’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 |