2014 Form 10-K Financial Statement
#000089710114001338 Filed on September 23, 2014
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $15.49M |
| YoY Change | 2.58% |
| Cost Of Revenue | $4.850M |
| YoY Change | 4.08% |
| Gross Profit | $10.63M |
| YoY Change | 1.72% |
| Gross Profit Margin | 68.62% |
| Selling, General & Admin | $10.91M |
| YoY Change | -6.51% |
| % of Gross Profit | 102.63% |
| Research & Development | $470.0K |
| YoY Change | -21.67% |
| % of Gross Profit | 4.42% |
| Depreciation & Amortization | $700.0K |
| YoY Change | 18.64% |
| % of Gross Profit | 6.59% |
| Operating Expenses | $11.38M |
| YoY Change | -7.25% |
| Operating Profit | -$750.0K |
| YoY Change | -58.79% |
| Interest Expense | -$80.00K |
| YoY Change | -33.33% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$820.0K |
| YoY Change | -57.73% |
| Income Tax | $470.0K |
| % Of Pretax Income | |
| Net Earnings | -$1.290M |
| YoY Change | -3.01% |
| Net Earnings / Revenue | -8.33% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$159.1K |
| COMMON SHARES | |
| Basic Shares Outstanding | 8.114M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.500M |
| YoY Change | 200.0% |
| Cash & Equivalents | $1.500M |
| Short-Term Investments | |
| Other Short-Term Assets | $400.0K |
| YoY Change | -59.6% |
| Inventory | $2.240M |
| Prepaid Expenses | |
| Receivables | $6.490M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $10.62M |
| YoY Change | -14.49% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.940M |
| YoY Change | 5.35% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $300.0K |
| YoY Change | -3.23% |
| Total Long-Term Assets | $5.170M |
| YoY Change | 0.58% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $10.62M |
| Total Long-Term Assets | $5.170M |
| Total Assets | $15.79M |
| YoY Change | -10.08% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $380.0K |
| YoY Change | -40.63% |
| Accrued Expenses | $690.0K |
| YoY Change | -14.81% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $50.00K |
| YoY Change | -16.67% |
| Total Short-Term Liabilities | $1.820M |
| YoY Change | -16.89% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.250M |
| YoY Change | -6.02% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $1.250M |
| YoY Change | -6.02% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.820M |
| Total Long-Term Liabilities | $1.250M |
| Total Liabilities | $3.070M |
| YoY Change | -15.43% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $12.72M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $15.79M |
| YoY Change | -10.08% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.290M |
| YoY Change | -3.01% |
| Depreciation, Depletion And Amortization | $700.0K |
| YoY Change | 18.64% |
| Cash From Operating Activities | $2.060M |
| YoY Change | 9.57% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$940.0K |
| YoY Change | -10.48% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$940.0K |
| YoY Change | -10.48% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -130.0K |
| YoY Change | -93.56% |
| NET CHANGE | |
| Cash From Operating Activities | 2.060M |
| Cash From Investing Activities | -940.0K |
| Cash From Financing Activities | -130.0K |
| Net Change In Cash | 990.0K |
| YoY Change | -183.19% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.060M |
| Capital Expenditures | -$940.0K |
| Free Cash Flow | $3.000M |
| YoY Change | 2.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8114252 |
