2017 Q1 Form 10-K Financial Statement

#000156459017004119 Filed on March 13, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2015 Q4 2015 Q3
Revenue $148.0K $685.0K $1.188M
YoY Change -84.29% -69.92% -46.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.472M $6.230M $5.290M
YoY Change -12.89% 23.37% 25.65%
% of Gross Profit
Research & Development $16.35M $20.93M $24.11M
YoY Change -18.55% 6.57% -14.13%
% of Gross Profit
Depreciation & Amortization $790.0K $410.0K $330.0K
YoY Change 97.5% 7.89% -2.94%
% of Gross Profit
Operating Expenses $25.60M $27.16M $29.63M
YoY Change -9.34% 10.0% -8.23%
Operating Profit -$25.45M
YoY Change -6.75%
Interest Expense $150.0K $130.0K $62.00K
YoY Change -34.78% -1400.0% 55.0%
% of Operating Profit
Other Income/Expense, Net $20.00K -$40.00K $17.00K
YoY Change -56.52% -130.77% -92.13%
Pretax Income -$25.29M -$26.86M -$30.12M
YoY Change -6.4% 20.5% 1.01%
Income Tax
% Of Pretax Income
Net Earnings -$25.29M -$26.86M -$30.12M
YoY Change -6.42% 20.53% 1.02%
Net Earnings / Revenue -17085.81% -3921.46% -2535.69%
Basic Earnings Per Share
Diluted Earnings Per Share -$604.6K -$510.1K -$824.5K
COMMON SHARES
Basic Shares Outstanding 44.35M
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $85.40M $196.1M $220.7M
YoY Change -48.8% 59.9% 68.99%
Cash & Equivalents $21.47M $44.81M $103.0M
Short-Term Investments $63.90M $151.3M $117.7M
Other Short-Term Assets $2.800M $2.400M $2.500M
YoY Change 3.7% -41.46% -30.56%
Inventory
Prepaid Expenses
Receivables $1.500M $1.400M $1.200M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $89.70M $199.9M $224.3M
YoY Change -47.45% 56.9% 66.27%
LONG-TERM ASSETS
Property, Plant & Equipment $16.60M $13.80M $11.60M
YoY Change 4.4% 74.73% 43.21%
Goodwill $2.043M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.800M $231.0K $800.0K
YoY Change 100.0% -67.0% -46.67%
Total Long-Term Assets $20.40M $16.69M $14.60M
YoY Change 7.94% 53.61% 21.67%
TOTAL ASSETS
Total Short-Term Assets $89.70M $199.9M $224.3M
Total Long-Term Assets $20.40M $16.69M $14.60M
Total Assets $110.1M $216.6M $238.9M
YoY Change -41.93% 56.64% 62.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.500M $3.433M $2.400M
YoY Change -57.14% 186.08% -52.0%
Accrued Expenses $10.90M $15.34M $13.80M
YoY Change -43.52% 142.79% 13.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.40M $28.80M $19.70M
YoY Change -49.39% 42.02% -13.6%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $358.0K $800.0K $8.000M
YoY Change -48.86% -25.23% 220.0%
Total Long-Term Liabilities $358.0K $800.0K $8.000M
YoY Change -48.86% -92.47% 220.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.40M $28.80M $19.70M
Total Long-Term Liabilities $358.0K $800.0K $8.000M
Total Liabilities $12.74M $29.60M $27.70M
YoY Change -49.46% -21.71% 9.49%
SHAREHOLDERS EQUITY
Retained Earnings -$837.5M -$699.7M
YoY Change 15.23%
Common Stock $938.2M $889.7M $886.6M
YoY Change 5.03% 28.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $97.40M $187.1M $211.2M
YoY Change
Total Liabilities & Shareholders Equity $110.1M $216.6M $238.9M
YoY Change -41.93% 56.64% 62.63%

Cashflow Statement

Concept 2017 Q1 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income -$25.29M -$26.86M -$30.12M
YoY Change -6.42% 20.53% 1.02%
Depreciation, Depletion And Amortization $790.0K $410.0K $330.0K
YoY Change 97.5% 7.89% -2.94%
Cash From Operating Activities -$25.25M -$21.85M -$23.00M
YoY Change -6.93% 29.52% -0.39%
INVESTING ACTIVITIES
Capital Expenditures $234.0K -$2.720M -$2.580M
YoY Change -91.04% 491.3% 789.66%
Acquisitions
YoY Change
Other Investing Activities -$6.780M -$33.83M -$60.93M
YoY Change -129.02% -190.05% -333.0%
Cash From Investing Activities -$7.010M -$36.56M -$63.50M
YoY Change -133.78% -198.52% -345.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $29.54M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 29.39M 300.0K 153.0M
YoY Change 8544.12% -96.93% 254916.67%
NET CHANGE
Cash From Operating Activities -25.25M -21.85M -23.00M
Cash From Investing Activities -7.010M -36.56M -63.50M
Cash From Financing Activities 29.39M 300.0K 153.0M
Net Change In Cash -2.814M -58.11M 66.51M
YoY Change -53.41% -293.7% 2241.9%
FREE CASH FLOW
Cash From Operating Activities -$25.25M -$21.85M -$23.00M
Capital Expenditures $234.0K -$2.720M -$2.580M
Free Cash Flow -$25.48M -$19.13M -$20.42M
YoY Change -14.31% 16.58% -10.44%

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