2015 Q4 Form 10-Q Financial Statement

#000117891315003458 Filed on November 16, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q4
Revenue $0.00 $30.00K
YoY Change -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $880.0K $563.3K $520.0K
YoY Change 69.23% 29.11% 108.0%
% of Gross Profit
Research & Development $670.0K $560.2K $520.0K
YoY Change 28.85% 32.84% -1.89%
% of Gross Profit
Depreciation & Amortization $10.00K $10.00K $0.00
YoY Change 0.0% -100.0%
% of Gross Profit
Operating Expenses $1.550M $1.123M $1.040M
YoY Change 49.04% 30.94% 33.33%
Operating Profit -$1.123M
YoY Change 35.25%
Interest Expense $10.00K $30.00K $30.00K
YoY Change -66.67% -50.0% -100.47%
% of Operating Profit
Other Income/Expense, Net $210.0K
YoY Change
Pretax Income -$1.540M -$1.100M -$780.0K
YoY Change 97.44% 42.86% -89.14%
Income Tax
% Of Pretax Income
Net Earnings -$1.670M -$1.096M $5.110M
YoY Change -132.68% 42.41% -167.68%
Net Earnings / Revenue 17033.33%
Basic Earnings Per Share
Diluted Earnings Per Share -$3.88 -$2.83 $12.46
COMMON SHARES
Basic Shares Outstanding 5.549M shares 5.513M shares 5.307M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $610.0K $2.100M $5.830M
YoY Change -89.54% -52.16% 143.93%
Cash & Equivalents $610.0K $2.105M $5.828M
Short-Term Investments
Other Short-Term Assets $270.0K $247.1K $113.8K
YoY Change 137.17% 139.77% 22.34%
Inventory $820.0K $260.3K $83.65K
Prepaid Expenses $46.09K
Receivables $20.00K $21.20K $23.25K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.710M $2.633M $6.048M
YoY Change -71.73% -43.24% 143.99%
LONG-TERM ASSETS
Property, Plant & Equipment $220.0K $185.8K $122.5K
YoY Change 79.61% 48.17% 14.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $200.0K $200.0K $180.0K
YoY Change 11.11% 5.26% 5.88%
Total Long-Term Assets $420.0K $385.5K $300.0K
YoY Change 40.02% 23.47% 8.19%
TOTAL ASSETS
Total Short-Term Assets $1.710M $2.633M $6.048M
Total Long-Term Assets $420.0K $385.5K $300.0K
Total Assets $2.130M $3.019M $6.348M
YoY Change -66.45% -39.03% 130.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.080M $465.1K $104.7K
YoY Change 931.41% 139.33% 110.32%
Accrued Expenses $235.9K
YoY Change 434.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $450.0K
YoY Change -100.0%
Total Short-Term Liabilities $1.510M $834.5K $1.000M
YoY Change 51.0% 44.73% 221.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $660.0K $720.0K $2.430M
YoY Change -72.84% -73.43% -73.44%
Total Long-Term Liabilities $660.0K $721.1K $2.432M
YoY Change -72.86% -73.34% -73.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.510M $834.5K $1.000M
Total Long-Term Liabilities $660.0K $721.1K $2.432M
Total Liabilities $2.170M $1.556M $3.432M
YoY Change -36.77% -52.6% -63.71%
SHAREHOLDERS EQUITY
Retained Earnings -$27.71M -$23.09M
YoY Change 24.91% -10.0%
Common Stock $21.98M $18.19M
YoY Change 27.76% 25.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$30.00K -$5.652M -$4.832M
YoY Change
Total Liabilities & Shareholders Equity $2.130M $3.019M $6.348M
YoY Change -66.45% -39.03% 130.33%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q4
OPERATING ACTIVITIES
Net Income -$1.670M -$1.096M $5.110M
YoY Change -132.68% 42.41% -167.68%
Depreciation, Depletion And Amortization $10.00K $10.00K $0.00
YoY Change 0.0% -100.0%
Cash From Operating Activities -$1.460M -$1.270M -$940.0K
YoY Change 55.32% 47.67% 0.0%
INVESTING ACTIVITIES
Capital Expenditures $50.00K $70.00K $10.00K
YoY Change 400.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$40.00K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$80.00K -$80.00K -$10.00K
YoY Change 700.0% 166.67% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 30.00K 0.000 2.430M
YoY Change -98.77% -100.0% -1450.0%
NET CHANGE
Cash From Operating Activities -1.460M -1.270M -940.0K
Cash From Investing Activities -80.00K -80.00K -10.00K
Cash From Financing Activities 30.00K 0.000 2.430M
Net Change In Cash -1.510M -1.350M 1.480M
YoY Change -202.03% -135.16% -230.97%
FREE CASH FLOW
Cash From Operating Activities -$1.460M -$1.270M -$940.0K
Capital Expenditures $50.00K $70.00K $10.00K
Free Cash Flow -$1.510M -$1.340M -$950.0K
YoY Change 58.95% 55.81% 0.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
igap Gain Loss On Unit Conversion
GainLossOnUnitConversion
USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8243 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
6344340 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3724 USD
igap Linkage Difference On Principal Of Loans From Stockholders
LinkageDifferenceOnPrincipalOfLoansFromStockholders
666 USD
igap Linkage Difference On Principal Of Loans From Stockholders
LinkageDifferenceOnPrincipalOfLoansFromStockholders
-1384 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-23877 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
119148 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-9227 USD
CY2015Q3 igap Financing Income Expenses Net
FinancingIncomeExpensesNet
-27511 USD
CY2015Q3 igap Gain Loss On Unit Conversion
GainLossOnUnitConversion
-13383 USD
dei Document Type
DocumentType
10-Q
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
Integrity Applications, Inc.
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Entity Central Index Key
EntityCentralIndexKey
0001506983
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2770503 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-701171 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4619975 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
83653 USD
CY2014Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
11637 USD
CY2014Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
16459 USD
CY2014Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
55557 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-868072 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
USD
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-849 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
14392 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-68374 USD
CY2015Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
27839 USD
CY2014Q3 igap Gain Loss On Unit Conversion
GainLossOnUnitConversion
USD
CY2014Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
USD
CY2014Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
50635 USD
CY2014Q3 igap Linkage Difference On Principal Of Loans From Stockholders
LinkageDifferenceOnPrincipalOfLoansFromStockholders
2024 USD
CY2014Q3 igap Financing Income Expenses Net
FinancingIncomeExpensesNet
-61120 USD
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12509 USD
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1185807 USD
CY2015Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
182492 USD
CY2015Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
46802 USD
CY2015Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30975 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
260269 USD
igap Financing Income Expenses Net
FinancingIncomeExpensesNet
-6355641 USD
CY2015Q3 igap Linkage Difference On Principal Of Loans From Stockholders
LinkageDifferenceOnPrincipalOfLoansFromStockholders
488 USD
igap Gain Loss On Unit Conversion
GainLossOnUnitConversion
-1284354 USD
igap Financing Income Expenses Net
FinancingIncomeExpensesNet
1196926 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
7300000 USD
CY2013 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
5300000 USD
CY2012 igap Proceeds From Issuance Of Common Stock Net Of Issuance Costs
ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts
1000000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-27707038 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
-5652403 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-741680 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2385911 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4387980 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2104858 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2002069 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-40970 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4542421 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
277852 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-79543 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51485 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2419839 USD
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
140541 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
151892 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
16354 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
139308 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14319 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-6344340 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19854 USD
us-gaap Depreciation
Depreciation
26091 USD
us-gaap Net Income Loss
NetIncomeLoss
3755438 USD
us-gaap Net Income Loss
NetIncomeLoss
-4297307 USD
us-gaap Depreciation
Depreciation
29709 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15675 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-119148 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1251 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
180144 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
135485 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
363639 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
247124 USD
CY2015Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
21197 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3107214 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
94714 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-118993 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
52361 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-439939 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-492300 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4195 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3722702 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
USD
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
USD
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
2384429 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
2435844 USD
igap Increase Decrease In Funds In Respect Of Employee Rights Upon Retirement
IncreaseDecreaseInFundsInRespectOfEmployeeRightsUponRetirement
-28058 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
USD
CY2015Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
7115716 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
5550 USD
CY2015Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
21972776 USD
CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
76309 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3018913 USD
CY2015Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Assets Current
AssetsCurrent
2633448 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
185796 USD
CY2015Q3 igap Funds In Respect Of Employee Rights Upon Retirement Noncurrent
FundsInRespectOfEmployeeRightsUponRetirementNoncurrent
199669 USD
CY2015Q3 us-gaap Assets
Assets
3018913 USD
CY2015Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
465084 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
369422 USD
CY2015Q3 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
834506 USD
CY2015Q3 us-gaap Due To Officers Or Stockholders Noncurrent
DueToOfficersOrStockholdersNoncurrent
160581 USD
CY2015Q3 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
208874 USD
CY2015Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
351639 USD
CY2015Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
721094 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6348266 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-4832203 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-23087063 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
66670 USD
CY2014Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
18182866 USD
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
5324 USD
CY2014Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
7748685 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
2431777 USD
CY2014Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2057618 USD
CY2014Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
210700 USD
CY2014Q4 us-gaap Due To Officers Or Stockholders Noncurrent
DueToOfficersOrStockholdersNoncurrent
163459 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1000007 USD
CY2014Q4 us-gaap Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
454532 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
440764 USD
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
104711 USD
CY2014Q4 us-gaap Assets
Assets
6348266 USD
CY2014Q4 igap Funds In Respect Of Employee Rights Upon Retirement Noncurrent
FundsInRespectOfEmployeeRightsUponRetirementNoncurrent
177470 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
122491 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
6048305 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
113842 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
23250 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5827560 USD
CY2015Q3 us-gaap Liabilities
Liabilities
1555600 USD
CY2014Q4 us-gaap Liabilities
Liabilities
3431784 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1123481 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
1123481 USD
CY2015Q3 us-gaap Revenues
Revenues
USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
560189 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
563292 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3767296 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
11858 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-2600203 USD
us-gaap Costs And Expenses
CostsAndExpenses
2627512 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1299935 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1327577 USD
us-gaap Revenues
Revenues
27309 USD
us-gaap Revenues
Revenues
143167 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1596494 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1647054 USD
us-gaap Costs And Expenses
CostsAndExpenses
3243548 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3100381 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9639 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4287668 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-1095970 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-46081 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1142051 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
27891 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-769571 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
436296 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
421704 USD
CY2014Q3 us-gaap Revenues
Revenues
27309 USD
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
858000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-830691 USD
us-gaap Dividends Stock
DividendsStock
USD
igap Stock Issued During Period Value Conversion Of Convertible Preferred Stock
StockIssuedDuringPeriodValueConversionOfConvertiblePreferredStock
58817 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9639 USD
igap Adjustments To Additional Paid In Capital Investor Warrant Issued
AdjustmentsToAdditionalPaidInCapitalInvestorWarrantIssued
3445337 USD
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
52361 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
15675 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
igap Number Of Units Sold
NumberOfUnitsSold
8500 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5513265 shares
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9539832 shares
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4160346 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5323058 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5549452 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
5549452 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5304100 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5323058 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5303721 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5426688 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5426688 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9425407 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3574815 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5352039 shares
CY2013Q1 igap Number Of Units Sold
NumberOfUnitsSold
6300 shares
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5549452 shares

Files In Submission

Name View Source Status
0001178913-15-003458-index-headers.html Edgar Link pending
0001178913-15-003458-index.html Edgar Link pending
0001178913-15-003458.txt Edgar Link pending
0001178913-15-003458-xbrl.zip Edgar Link pending
exhibit_31-1.htm Edgar Link pending
exhibit_31-2.htm Edgar Link pending
exhibit_32-1.htm Edgar Link pending
exhibit_32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
igap-20150930.xml Edgar Link completed
igap-20150930.xsd Edgar Link pending
igap-20150930_cal.xml Edgar Link unprocessable
igap-20150930_def.xml Edgar Link unprocessable
igap-20150930_lab.xml Edgar Link unprocessable
igap-20150930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
zk1517583.htm Edgar Link pending