2016 Q2 Form 10-K Financial Statement

#000114420416105671 Filed on May 31, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q1 2015
Revenue $3.474K $0.00 $14.26K
YoY Change -5.19% -100.0%
Cost Of Revenue $1.564K $0.00 $6.906K
YoY Change -2.74% -100.0%
Gross Profit $1.910K $0.00 $7.353K
YoY Change -7.1% -100.0%
Gross Profit Margin 54.98% 51.57%
Selling, General & Admin $10.00K $0.00 $83.12K
YoY Change 0.0% 315.6%
% of Gross Profit 523.56% 1130.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.039K $10.00K $83.12K
YoY Change 7.49% -34.85% 315.61%
Operating Profit -$6.129K -$10.00K -$75.77K
YoY Change 13.02% -31.99% 278.84%
Interest Expense $104.00 $0.00 $264.00
YoY Change 50.72% -100.0%
% of Operating Profit
Other Income/Expense, Net -$104.00 -$264.00
YoY Change 50.72%
Pretax Income -$10.00K $0.00 -$76.03K
YoY Change 82.08% -100.0% 660.32%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$6.233K $0.00 -$76.03K
YoY Change 13.49% -100.0% 660.32%
Net Earnings / Revenue -179.42% -533.22%
Basic Earnings Per Share
Diluted Earnings Per Share -$3.876K $0.00 -$31.70K
COMMON SHARES
Basic Shares Outstanding 10.31M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q2 2015 Q1 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $1.030K
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $0.00 $0.00
YoY Change -100.0%
Inventory
Prepaid Expenses $0.00
Receivables
Other Receivables
Total Short-Term Assets $474.00 $1.030K $1.030K
YoY Change -59.38% -88.16% -89.7%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $474.00 $1.030K $1.030K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $474.00 $1.030K $1.030K
YoY Change -59.38% -88.16% -89.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.00K $20.00K $23.05K
YoY Change 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $30.00K $20.00K $17.50K
YoY Change 50.0% -12.5%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $44.36K $40.55K $40.55K
YoY Change -3.94% 79.94% 102.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $44.36K $40.55K $40.55K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $40.00K $40.00K $40.55K
YoY Change -20.0% 102.75%
SHAREHOLDERS EQUITY
Retained Earnings -$110.1K -$90.77K
YoY Change 14.41% 515.79%
Common Stock $1.031K $1.001K
YoY Change 3.0% 11.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$48.70K -$39.52K -$39.52K
YoY Change
Total Liabilities & Shareholders Equity $474.00 $1.030K $1.030K
YoY Change -59.38% -88.16% -89.7%

Cashflow Statement

Concept 2016 Q2 2015 Q1 2015
OPERATING ACTIVITIES
Net Income -$6.233K $0.00 -$76.03K
YoY Change 13.49% -100.0% 660.32%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 $0.00 -$46.73K
YoY Change -100.0% 133.65%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.35K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 $45.31K
YoY Change -100.0% -100.0% 126.57%
NET CHANGE
Cash From Operating Activities 0.000 0.000 -46.73K
Cash From Investing Activities
Cash From Financing Activities 0.000 0.000 $45.31K
Net Change In Cash 0.000 0.000 $45.31K
YoY Change -100.0% -100.0%
FREE CASH FLOW
Cash From Operating Activities $0.00 $0.00 -$46.73K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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