2020 Q1 Form 10-K Financial Statement

#000143774920005495 Filed on March 17, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 2018 Q4
Revenue $3.825M $24.49M $6.630M
YoY Change -40.26% -25.49% -0.75%
Cost Of Revenue $8.139M $36.73M $9.660M
YoY Change -9.17% -11.63% 3.43%
Gross Profit -$4.314M -$12.25M -$3.040M
YoY Change 68.65% 40.68% 14.29%
Gross Profit Margin -112.78% -50.01% -45.85%
Selling, General & Admin $2.627M $9.823M $2.430M
YoY Change 25.57% 20.94% 89.84%
% of Gross Profit
Research & Development $580.0K $3.868M $1.250M
YoY Change -40.7% -28.02% 45.35%
% of Gross Profit
Depreciation & Amortization $1.643M $6.656M $1.620M
YoY Change 1.92% 2.13% -1.82%
% of Gross Profit
Operating Expenses $3.662M $14.11M $3.680M
YoY Change 19.28% 4.54% 71.16%
Operating Profit -$7.976M -$26.36M -$6.720M
YoY Change 41.72% 18.71% 39.71%
Interest Expense -$640.0K $2.738M -$390.0K
YoY Change 25.49% -176.48% -190.7%
% of Operating Profit
Other Income/Expense, Net -$1.277M -$2.305M $0.00
YoY Change 151.38% -60.09%
Pretax Income -$9.250M -$28.66M -$7.100M
YoY Change 50.65% 2.43% 61.73%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$9.253M -$28.66M -$7.100M
YoY Change 50.8% 2.44% 61.73%
Net Earnings / Revenue -241.91% -117.04% -107.09%
Basic Earnings Per Share
Diluted Earnings Per Share -$639.3K -$2.353M -$823.7K
COMMON SHARES
Basic Shares Outstanding 14.62M
Diluted Shares Outstanding 6.903M

Balance Sheet

Concept 2020 Q1 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.300M $16.30M $33.70M
YoY Change -73.8% -51.63% 190.52%
Cash & Equivalents $9.289M $16.30M $33.73M
Short-Term Investments
Other Short-Term Assets $3.800M $3.600M $1.300M
YoY Change 100.0% 176.92% 85.71%
Inventory $2.680M $3.200M $3.166M
Prepaid Expenses
Receivables $152.0K $1.100M $526.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $15.96M $24.20M $38.71M
YoY Change -61.71% -37.47% 118.94%
LONG-TERM ASSETS
Property, Plant & Equipment $65.86M $67.30M $67.46M
YoY Change -3.22% 0.45% -4.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.500M $1.500M
YoY Change
Other Assets $800.0K $300.0K $1.300M
YoY Change -33.33% -76.92% 62.5%
Total Long-Term Assets $68.20M $69.20M $68.33M
YoY Change -2.26% 1.32% -4.0%
TOTAL ASSETS
Total Short-Term Assets $15.96M $24.20M $38.71M
Total Long-Term Assets $68.20M $69.20M $68.33M
Total Assets $84.16M $93.40M $107.0M
YoY Change -24.49% -12.71% 20.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $900.0K $1.500M $1.900M
YoY Change -60.87% -21.05% 171.43%
Accrued Expenses $3.600M $4.200M $2.800M
YoY Change 38.46% 50.0% 3.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.40M $14.40M
YoY Change 10.77%
Total Short-Term Liabilities $19.00M $20.10M $5.290M
YoY Change 3.95% 279.25% -52.71%
LONG-TERM LIABILITIES
Long-Term Debt $200.0K $200.0K $12.60M
YoY Change -98.41% -10.0%
Other Long-Term Liabilities $435.0K $500.0K $404.0K
YoY Change -33.49% 25.0% 210.77%
Total Long-Term Liabilities $435.0K $700.0K $404.0K
YoY Change -33.49% -94.62% 210.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.00M $20.10M $5.290M
Total Long-Term Liabilities $435.0K $700.0K $404.0K
Total Liabilities $19.67M $20.90M $18.25M
YoY Change 3.88% 14.84% -27.94%
SHAREHOLDERS EQUITY
Retained Earnings -$467.2M -$429.3M
YoY Change 7.3% 6.97%
Common Stock $145.0K $86.00K
YoY Change 21.85% 681.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.49M $72.50M $88.79M
YoY Change
Total Liabilities & Shareholders Equity $84.16M $93.40M $107.0M
YoY Change -24.49% -12.71% 20.46%

Cashflow Statement

Concept 2020 Q1 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$9.253M -$28.66M -$7.100M
YoY Change 50.8% 2.44% 61.73%
Depreciation, Depletion And Amortization $1.643M $6.656M $1.620M
YoY Change 1.92% 2.13% -1.82%
Cash From Operating Activities -$6.975M -$20.84M -$5.700M
YoY Change 22.2% 31.47% 36.04%
INVESTING ACTIVITIES
Capital Expenditures $801.0K $6.497M -$1.300M
YoY Change -63.66% 190.95% 465.22%
Acquisitions
YoY Change
Other Investing Activities -$1.470M $0.00
YoY Change
Cash From Investing Activities -$790.0K -$7.457M -$1.300M
YoY Change -64.16% 233.95% 465.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $958.0K $11.59M
YoY Change -90.3% -70.58%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 752.0K $10.86M 2.420M
YoY Change -92.2% -73.02% 101.67%
NET CHANGE
Cash From Operating Activities -6.975M -$20.84M -5.700M
Cash From Investing Activities -790.0K -$7.457M -1.300M
Cash From Financing Activities 752.0K $10.86M 2.420M
Net Change In Cash -7.013M -$17.43M -4.580M
YoY Change -504.91% -178.59% 42.24%
FREE CASH FLOW
Cash From Operating Activities -$6.975M -$20.84M -$5.700M
Capital Expenditures $801.0K $6.497M -$1.300M
Free Cash Flow -$7.776M -$27.34M -$4.400M
YoY Change -1.72% 51.16% 11.11%

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IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1824000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
630000
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
2732000
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
3237000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
1391000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
1945000
CY2019Q4 us-gaap Inventory Net
InventoryNet
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CY2018Q4 us-gaap Inventory Net
InventoryNet
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
60000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
79000
CY2019Q4 us-gaap Long Term Investments
LongTermInvestments
1500000
CY2018Q4 us-gaap Long Term Investments
LongTermInvestments
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10864000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40265000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7457000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2233000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-20839000
CY2019 us-gaap Lease Cost
LeaseCost
1739000
CY2019Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.12
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1020000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
684000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
336000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
80000
CY2019Q4 us-gaap Liabilities
Liabilities
20855000
CY2018Q4 us-gaap Liabilities
Liabilities
18248000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
93359000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
107035000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
20094000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5290000
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
749000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
516000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
32000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
62000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
960000
CY2019Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
1521000
CY2018Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
1451000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
528000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-28660000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
404000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-27976000
CY2019Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
233000
CY2018Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6000
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
368000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
919000
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2309000
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5775000
CY2019 us-gaap Notes Issued1
NotesIssued1
1041000
CY2018 us-gaap Notes Issued1
NotesIssued1
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2019 us-gaap Operating Expenses
OperatingExpenses
14105000
CY2018 us-gaap Operating Expenses
OperatingExpenses
13496000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
-26351000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
-22201000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
1554000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
1554000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.12
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y270D
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1613000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15000
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000
CY2019Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
516000
CY2018Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
CY2019 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
232000
CY2018 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
392000
CY2019 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1500000
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5989000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2233000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3590000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1284000
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt 6.3pt 0pt 7.2pt; text-align: left; text-indent: 18pt;"><div style="display: inline; font-style: italic;">Reclassifications.&nbsp;</div>Certain prior year amounts have been reclassified to conform to the current year presentation. These reclassifications did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> affect total revenues, costs and expenses, net income or stockholders&#x2019; equity.</div></div></div></div></div></div>
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11589000
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
39394000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
32000
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
CY2019 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
CY2018 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1263766
CY2019 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
6497000
CY2018 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
3123000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
120087000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
115251000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66696000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67462000
CY2019 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
292000
CY2018 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4020000
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5374000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-457986000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-429326000
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
24453000
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
32863000
CY2019 us-gaap Revenues
Revenues
24487000
CY2018 us-gaap Revenues
Revenues
32863000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
280000
CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10085000
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8122000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1349000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
683000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1511
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1043.47
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2313
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
752
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1561
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2358.44
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
72504000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
88787000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
63531000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
928.79
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1561
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
928.79
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
5151.80
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y193D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y317D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y204D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y204D
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
66000
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-201000
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 27pt;"><div style="display: inline; font-style: italic;">Use of Estimates</div>. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</div></div></div></div></div></div>
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
119000
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
12177906
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4876897

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