2016 Q1 Form 10-Q Financial Statement

#000133349316000093 Filed on May 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $51.41M $61.29M
YoY Change -16.12% 20.31%
Cost Of Revenue $2.184M $2.414M
YoY Change -9.53% 14.25%
Gross Profit $49.23M $58.87M
YoY Change -16.39% 20.58%
Gross Profit Margin 95.75% 96.06%
Selling, General & Admin $47.70M $56.10M
YoY Change -14.97% 8.72%
% of Gross Profit 96.9% 95.29%
Research & Development $8.507M $10.77M
YoY Change -21.03% 2.92%
% of Gross Profit 17.28% 18.3%
Depreciation & Amortization $1.005M $1.058M
YoY Change -5.01% 5.91%
% of Gross Profit 2.04% 1.8%
Operating Expenses $8.507M $10.77M
YoY Change -21.03% 2.92%
Operating Profit $3.149M -$2.012M
YoY Change -256.51% -35.31%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$11.00K -$14.00K
YoY Change -21.43% -64.1%
Pretax Income $23.67M -$2.026M
YoY Change -1268.41% -35.66%
Income Tax $5.638M $56.00K
% Of Pretax Income 23.82%
Net Earnings -$795.0K -$2.082M
YoY Change -61.82% 34.06%
Net Earnings / Revenue -1.55% -3.4%
Basic Earnings Per Share -$0.04 -$0.12
Diluted Earnings Per Share -$0.04 -$0.12
COMMON SHARES
Basic Shares Outstanding 18.15M shares 17.84M shares
Diluted Shares Outstanding 18.22M shares 17.84M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.70M $39.40M
YoY Change 69.29% -59.88%
Cash & Equivalents $66.69M $39.37M
Short-Term Investments
Other Short-Term Assets $4.900M $7.500M
YoY Change -34.67% -52.23%
Inventory
Prepaid Expenses
Receivables $19.63M $14.61M
Other Receivables $17.90M $13.30M
Total Short-Term Assets $91.26M $61.42M
YoY Change 48.59% -49.82%
LONG-TERM ASSETS
Property, Plant & Equipment $6.733M $8.944M
YoY Change -24.72% -14.0%
Goodwill $14.10M $14.10M
YoY Change 0.0%
Intangibles $9.360M $10.43M
YoY Change -10.25%
Long-Term Investments
YoY Change
Other Assets $3.624M $3.875M
YoY Change -6.48% -62.74%
Total Long-Term Assets $33.81M $37.34M
YoY Change -9.46% -20.21%
TOTAL ASSETS
Total Short-Term Assets $91.26M $61.42M
Total Long-Term Assets $33.81M $37.34M
Total Assets $125.1M $98.76M
YoY Change 26.64% -41.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.057M $2.303M
YoY Change -10.68% -4.04%
Accrued Expenses $11.70M $11.20M
YoY Change 4.46% -44.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.19M $19.15M
YoY Change 26.32% -29.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.900M $6.700M
YoY Change -26.87% 13.56%
Total Long-Term Liabilities $4.888M $6.650M
YoY Change -26.5% 12.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.19M $19.15M
Total Long-Term Liabilities $4.888M $6.650M
Total Liabilities $29.07M $25.80M
YoY Change 12.71% -22.07%
SHAREHOLDERS EQUITY
Retained Earnings $27.53M $12.18M
YoY Change 126.06%
Common Stock $29.00K $29.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $200.0M $200.0M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $96.00M $72.97M
YoY Change
Total Liabilities & Shareholders Equity $125.1M $98.76M
YoY Change 26.64% -41.63%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$795.0K -$2.082M
YoY Change -61.82% 34.06%
Depreciation, Depletion And Amortization $1.005M $1.058M
YoY Change -5.01% 5.91%
Cash From Operating Activities $4.697M -$11.17M
YoY Change -142.04% 106.51%
INVESTING ACTIVITIES
Capital Expenditures $411.0K $384.0K
YoY Change 7.03% -65.56%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$411.0K -$384.0K
YoY Change 7.03% -93.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$296.0K -$499.0K
YoY Change -40.68% -122.83%
NET CHANGE
Cash From Operating Activities $4.697M -$11.17M
Cash From Investing Activities -$411.0K -$384.0K
Cash From Financing Activities -$296.0K -$499.0K
Net Change In Cash $3.990M -$12.06M
YoY Change -133.1% 36.38%
FREE CASH FLOW
Cash From Operating Activities $4.697M -$11.17M
Capital Expenditures $411.0K $384.0K
Free Cash Flow $4.286M -$11.56M
YoY Change -137.09% 77.1%

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Files In Submission

Name View Source Status
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