2015 Q3 Form 10-Q Financial Statement

#000114420415047739 Filed on August 10, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q4
Revenue $25.00K $0.00 $0.00
YoY Change
Cost Of Revenue $0.00 $0.00
YoY Change
Gross Profit $25.00K $0.00
YoY Change
Gross Profit Margin 100.0%
Selling, General & Admin $8.079M $4.530M $3.200M
YoY Change 194.85% 89.54% 7.74%
% of Gross Profit 32316.0%
Research & Development $9.073M $2.411M $1.770M
YoY Change 463.89% 1.43% -72.98%
% of Gross Profit 36292.0%
Depreciation & Amortization $6.000K $5.000K $0.00
YoY Change 0.0% -16.67% -100.0%
% of Gross Profit 24.0%
Operating Expenses $18.10M $7.762M $4.960M
YoY Change 316.41% 62.96% -47.9%
Operating Profit -$18.10M -$7.762M -$4.961M
YoY Change 316.41% 62.96% -47.91%
Interest Expense $350.0K $352.0K $1.250M
YoY Change 189.26% 195.8% -562.96%
% of Operating Profit
Other Income/Expense, Net -$1.783M $1.344M
YoY Change 624.8% 2484.62%
Pretax Income -$19.86M -$6.420M -$3.710M
YoY Change 332.68% 36.31% -62.14%
Income Tax
% Of Pretax Income
Net Earnings -$18.16M -$6.175M -$3.713M
YoY Change 295.49% 31.08% -62.1%
Net Earnings / Revenue -72644.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$460.8K -$158.0K -$99.30K
COMMON SHARES
Basic Shares Outstanding 46.83M shares 44.31M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.61M $66.60M $73.92M
YoY Change -2.78% -12.48% -25.71%
Cash & Equivalents $25.56M $41.04M $49.76M
Short-Term Investments $44.05M $25.57M $24.16M
Other Short-Term Assets $1.100M $1.000M $700.0K
YoY Change 175.0% 150.0% 40.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $66.60M $62.03M $70.46M
YoY Change -7.59% -18.91% -29.56%
LONG-TERM ASSETS
Property, Plant & Equipment $100.0K $90.00K $52.00K
YoY Change 72.41% -10.0% -88.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $250.0K $250.0K $250.0K
YoY Change -16.67% -16.67%
Other Assets $14.80M $172.0K $64.00K
YoY Change 8076.8% -98.78% -38.46%
Total Long-Term Assets $20.26M $21.67M $18.86M
YoY Change 27.17% 50.45% 3323.23%
TOTAL ASSETS
Total Short-Term Assets $66.60M $62.03M $70.46M
Total Long-Term Assets $20.26M $21.67M $18.86M
Total Assets $86.86M $83.70M $89.33M
YoY Change -1.3% -7.92% -11.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.287M $583.0K $366.0K
YoY Change 286.49% 94.33% -21.79%
Accrued Expenses $7.137M $4.386M $3.683M
YoY Change 123.03% 41.48% -16.86%
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 $8.450M $4.995M $4.077M
YoY Change 137.56% 45.33% -63.63%
LONG-TERM LIABILITIES
Long-Term Debt $23.30M $23.20M $14.00M
YoY Change 66.43% 65.71% 100.0%
Other Long-Term Liabilities $202.0K $264.0K $722.0K
YoY Change -74.53% -64.99% -32.96%
Total Long-Term Liabilities $202.0K $264.0K $722.0K
YoY Change -82.9% -75.0% -32.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.450M $4.995M $4.077M
Total Long-Term Liabilities $202.0K $264.0K $722.0K
Total Liabilities $31.94M $28.49M $18.80M
YoY Change 70.39% 53.99% -2.6%
SHAREHOLDERS EQUITY
Retained Earnings -$178.1M -$160.0M -$141.7M
YoY Change 29.06% 19.89% 16.8%
Common Stock $47.00K $47.00K $46.00K
YoY Change 6.82% 6.82% 15.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $53.60M $55.88M $70.52M
YoY Change
Total Liabilities & Shareholders Equity $86.86M $83.70M $89.33M
YoY Change -1.3% -7.92% -11.19%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q4
OPERATING ACTIVITIES
Net Income -$18.16M -$6.175M -$3.713M
YoY Change 295.49% 31.08% -62.1%
Depreciation, Depletion And Amortization $6.000K $5.000K $0.00
YoY Change 0.0% -16.67% -100.0%
Cash From Operating Activities -$15.17M -$6.160M -$3.520M
YoY Change 457.72% 53.23% -50.7%
INVESTING ACTIVITIES
Capital Expenditures -$40.00K -$50.00K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities -$11.33M -$1.700M -$22.67M
YoY Change 22560.0% 466.67% 15013.33%
Cash From Investing Activities -$11.37M -$1.750M -$22.67M
YoY Change 22640.0% 483.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.07M 30.00K 4.370M
YoY Change -868.75% -76.92% 1020.51%
NET CHANGE
Cash From Operating Activities -15.17M -6.160M -3.520M
Cash From Investing Activities -11.37M -1.750M -22.67M
Cash From Financing Activities 11.07M 30.00K 4.370M
Net Change In Cash -15.47M -7.880M -21.82M
YoY Change 267.46% 88.07% 223.26%
FREE CASH FLOW
Cash From Operating Activities -$15.17M -$6.160M -$3.520M
Capital Expenditures -$40.00K -$50.00K $0.00
Free Cash Flow -$15.13M -$6.110M -$3.520M
YoY Change 456.25% 51.99% -51.71%

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CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46494034 shares
us-gaap Use Of Estimates
UseOfEstimates
<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-INDENT: 27.5pt; MARGIN: 0in 0in 0pt 26.4pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 24.2pt" align="justify"><b><font style="FONT-SIZE: 10pt">Use of Estimates</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 27.5pt; MARGIN: 0in 0in 0pt 26.4pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 24.2pt" align="justify"><font style="FONT-SIZE: 10pt">The Company&#8217;s unaudited condensed consolidated financial statements include certain amounts that are based on management&#8217;s best estimates and judgments. The Company&#8217;s significant estimates include, but are not limited to, useful lives assigned to long-lived assets, fair value of stock options and warrants, common stock issued to acquire licenses, investments, accrued expenses, provisions for income taxes and contingencies. Due to the uncertainty inherent in such estimates, actual results may differ from these estimates.&#160;</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 26.4pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 24.2pt" align="justify"><b><font style="FONT-SIZE: 10pt"> Reclassifications</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 26.4pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 24.2pt" align="justify"><font style="FONT-SIZE: 10pt">The Company reclassified debt issuance costs from other assets to notes payable, long-term, net on the unaudited condensed consolidated balance sheets for all periods presented pursuant to&#160;the early adoption of Accounting Standards Update ("ASU") No. 2015-03 - <i> Simplifying the Presentation of Debt Issuance Costs</i>.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
14600000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
400000 USD
CY2014Q4 us-gaap Trading Securities Cost
TradingSecuritiesCost
20002000 USD
CY2014 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
0 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
700000 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
14300000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4M24D
CY2015Q2 fbio Employee Stock Purchase Plan Number Of Shares Purchased By Employees
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployees
77875 shares
CY2015Q2 fbio Employee Stock Purchase Plan Number Of Shares Available For Future Sale
EmployeeStockPurchasePlanNumberOfSharesAvailableForFutureSale
122125 shares
CY2015Q2 fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
8465 USD
CY2014Q2 fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
7128 USD
fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
14848 USD
fbio Employee Stock Purchase Plan Compensation Expense Recognized
EmployeeStockPurchasePlanCompensationExpenseRecognized
15746 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
49000 USD
CY2015Q2 us-gaap Equity Method Investments
EquityMethodInvestments
250000 USD
us-gaap Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
0.254 pure
CY2015Q2 us-gaap Share Price
SharePrice
9.52
CY2014Q4 us-gaap Equity Method Investments
EquityMethodInvestments
250000 USD
us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
1400000 USD
CY2015Q2 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
5300000 USD
CY2015Q2 fbio Working Capital
WorkingCapital
500000 USD
CY2015Q2 fbio Working Capital Committed
WorkingCapitalCommitted
100000 USD
CY2015Q2 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
6000 USD
CY2014Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
38000 USD
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9679623 shares
CY2015Q2 fbio Milestone Payments
MilestonePayments
500000 USD
CY2014Q4 fbio Milestone Payments
MilestonePayments
0 USD
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9188360 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9555712 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8749229 shares
CY2015Q2 fbio Lease Impairment Current
LeaseImpairmentCurrent
165000 USD
CY2014Q4 fbio Lease Impairment Current
LeaseImpairmentCurrent
165000 USD
CY2015Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
38000 USD
CY2015Q2 us-gaap Depreciation
Depreciation
5000 USD
CY2014Q2 us-gaap Depreciation
Depreciation
6000 USD
us-gaap Depreciation
Depreciation
11000 USD
us-gaap Depreciation
Depreciation
11000 USD
CY2015Q2 us-gaap Minority Interest
MinorityInterest
-673000 USD
CY2015Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q2 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
38000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
352000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
119000 USD
us-gaap Interest Expense
InterestExpense
683000 USD
us-gaap Interest Expense
InterestExpense
1085000 USD
fbio Percentage Of Tax Benefit Likely Of Being Realized
PercentageOfTaxBenefitLikelyOfBeingRealized
0.5 pure
us-gaap Interest Expense Debt
InterestExpenseDebt
800000 USD
us-gaap Accretion Of Discount
AccretionOfDiscount
400000 USD
CY2015Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
44400 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
87700 USD
CY2014Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
38400 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
38400 USD
CY2014Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
400000 USD
CY2015Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.09 pure
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
55881000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
70523000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
55208000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70523000 USD
fbio Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
26000 USD
fbio Proceeds From Issuance Of Common Stock Employee Stock Purchase Plan
ProceedsFromIssuanceOfCommonStockEmployeeStockPurchasePlan
0 USD
CY2015Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
23232000 USD
CY2014Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
14003000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
264000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
722000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
28491000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
18802000 USD
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
47000 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
46000 USD
CY2015Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
215793000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
212205000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
997000 USD
CY2015Q2 us-gaap Assets Current
AssetsCurrent
62034000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
90000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
172000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
64000 USD
CY2014Q4 us-gaap Assets
Assets
89325000 USD
CY2015Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
583000 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
366000 USD
CY2015Q2 us-gaap Interest Payable Current
InterestPayableCurrent
26000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
28000 USD
CY2015Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4386000 USD
CY2014Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3683000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4077000 USD
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
Fortress Biotech, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001429260
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
52000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41037000 USD
CY2014Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
120000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-11346000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-141728000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
83699000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
89325000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
4763000 USD
us-gaap Net Income Loss
NetIncomeLoss
-18231000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.47
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
38848660 shares
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3803000 USD
CY2015Q2 fbio Change In Fair Value Of Short Term Investments
ChangeInFairValueOfShortTermInvestments
1622000 USD
us-gaap Profit Loss
ProfitLoss
-12081000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-124000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-2000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
295000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-2000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
920000 USD
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-16702000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1250000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1407000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
216000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
10000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9387000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-8722000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99521000 USD
us-gaap Interest Paid
InterestPaid
80000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
855000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
108000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-624000 USD
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2598000 USD

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