2017 Form 10-K Financial Statement
#000149315219005323 Filed on April 15, 2019
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $589.5K |
| YoY Change | -3.63% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $7.958M |
| YoY Change | 135.04% |
| % of Gross Profit | |
| Research & Development | $3.207M |
| YoY Change | 11.3% |
| % of Gross Profit | |
| Depreciation & Amortization | $67.88K |
| YoY Change | 13.93% |
| % of Gross Profit | |
| Operating Expenses | $11.17M |
| YoY Change | 78.15% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | $247.1K |
| YoY Change | 0.38% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$10.33M |
| YoY Change | 90.93% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$10.33M |
| YoY Change | 90.93% |
| Net Earnings / Revenue | -1752.25% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$21.36M |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding | 6.285M shares |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $53.78K |
| YoY Change | -63.87% |
| Cash & Equivalents | $53.78K |
| Short-Term Investments | |
| Other Short-Term Assets | $94.14K |
| YoY Change | -73.63% |
| Inventory | $957.4K |
| Prepaid Expenses | |
| Receivables | $121.8K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $1.227M |
| YoY Change | -39.18% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $216.8K |
| YoY Change | -9.86% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $225.1K |
| YoY Change | 10.9% |
| Total Long-Term Assets | $441.9K |
| YoY Change | -0.35% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $1.227M |
| Total Long-Term Assets | $441.9K |
| Total Assets | $1.669M |
| YoY Change | -32.18% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.420M |
| YoY Change | 48.04% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $3.686M |
| YoY Change | 56.97% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $1.137M |
| YoY Change | 11.35% |
| Total Long-Term Liabilities | $1.137M |
| YoY Change | 11.35% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.686M |
| Total Long-Term Liabilities | $1.137M |
| Total Liabilities | $4.823M |
| YoY Change | 43.15% |
| 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 | -$3.154M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $1.669M |
| YoY Change | -32.18% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$10.33M |
| YoY Change | 90.93% |
| Depreciation, Depletion And Amortization | $67.88K |
| YoY Change | 13.93% |
| Cash From Operating Activities | -$5.895M |
| YoY Change | 10.98% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$19.47K |
| YoY Change | -74.54% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | |
| Cash From Investing Activities | -$19.47K |
| YoY Change | -74.54% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 5.751M |
| YoY Change | 16.49% |
| NET CHANGE | |
| Cash From Operating Activities | -5.895M |
| Cash From Investing Activities | -19.47K |
| Cash From Financing Activities | 5.751M |
| Net Change In Cash | -163.9K |
| YoY Change | -63.73% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$5.895M |
| Capital Expenditures | -$19.47K |
| Free Cash Flow | -$5.876M |
| YoY Change | 12.23% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
27272569 | shares |
| CY2017 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
21300975 | shares |
| CY2018Q4 | us-gaap |
Share Price
SharePrice
|
2.45 | |
| CY2017Q4 | us-gaap |
Share Price
SharePrice
|
2.38 | |
| CY2017Q4 | IGAP |
Decrease In Accumulated Deficit
DecreaseInAccumulatedDeficit
|
2505723 | USD |
| CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8396847 | shares |
| CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6285324 | shares |
| CY2018Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1456597 | USD |
| CY2017Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
756134 | USD |
| CY2018 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
6.12 | |
| CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5659 | pure |
| CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.5659 | pure |
| CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
2042413 | shares |
| CY2018 | IGAP |
Early Adoption
EarlyAdoption
|
768248 | USD |
