2014 Q1 Form 10-Q Financial Statement
#000144530514002097 Filed on May 13, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
---|---|---|---|
Revenue | $38.29M | $86.12M | $29.53M |
YoY Change | 29.64% | 86018.0% | 29433.0% |
Cost Of Revenue | $26.01M | $127.9M | $20.91M |
YoY Change | 24.41% | 127800.0% | |
Gross Profit | $12.28M | $26.74M | $8.625M |
YoY Change | 42.33% | 26636.0% | |
Gross Profit Margin | 32.06% | 31.05% | 29.2% |
Selling, General & Admin | $10.57M | $38.90M | $8.076M |
YoY Change | 30.92% | 4222.22% | 1053.71% |
% of Gross Profit | 86.13% | 145.5% | 93.63% |
Research & Development | $1.998M | $3.200M | $887.0K |
YoY Change | 125.25% | 700.0% | 195.67% |
% of Gross Profit | 16.28% | 11.97% | 10.28% |
Depreciation & Amortization | $1.814M | $5.340M | $936.0K |
YoY Change | 93.8% | 8800.0% | 2240.0% |
% of Gross Profit | 14.78% | 19.97% | 10.85% |
Operating Expenses | $16.80M | $42.10M | $8.963M |
YoY Change | 87.43% | 3138.46% | 796.3% |
Operating Profit | -$4.523M | -$15.36M | -$338.0K |
YoY Change | 1238.17% | 1180.33% | -66.2% |
Interest Expense | $4.240M | -$6.600M | $1.314M |
YoY Change | 222.68% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$4.215M | $0.00 | -$1.703M |
YoY Change | 147.5% | ||
Pretax Income | -$8.738M | $1.300M | -$2.041M |
YoY Change | 328.12% | -200.0% | 104.1% |
Income Tax | -$5.832M | $1.100M | $263.0K |
% Of Pretax Income | 84.62% | ||
Net Earnings | -$2.906M | $881.0K | -$2.304M |
YoY Change | 26.13% | -167.77% | 130.4% |
Net Earnings / Revenue | -7.59% | 1.02% | -7.8% |
Basic Earnings Per Share | -$0.09 | $0.07 | -$0.18 |
Diluted Earnings Per Share | -$0.09 | $0.07 | -$0.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 33.72M shares | 12.70M shares | |
Diluted Shares Outstanding | 33.72M shares | 12.70M shares |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.600M | $6.500M | $3.800M |
YoY Change | 47.37% | 38.3% | -47.22% |
Cash & Equivalents | $5.552M | $6.509M | $2.166M |
Short-Term Investments | |||
Other Short-Term Assets | $16.80M | $8.700M | $100.0K |
YoY Change | 16700.0% | 0.0% | |
Inventory | $41.58M | $49.64M | $400.0K |
Prepaid Expenses | |||
Receivables | $28.90M | $48.54M | $100.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $92.84M | $113.4M | $4.500M |
YoY Change | 1963.13% | 2123.41% | -41.56% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.229M | $7.369M | $300.0K |
YoY Change | 1976.33% | 28.56% | 200.0% |
Goodwill | $80.87M | $0.00 | |
YoY Change | |||
Intangibles | $40.21M | $3.972M | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $6.900M | $2.600M | |
YoY Change | |||
Total Long-Term Assets | $134.2M | $13.91M | $1.600M |
YoY Change | 8287.31% | 827.53% | 6.67% |
TOTAL ASSETS | |||
Total Short-Term Assets | $92.84M | $113.4M | $4.500M |
Total Long-Term Assets | $134.2M | $13.91M | $1.600M |
Total Assets | $227.0M | $127.3M | $6.100M |
YoY Change | 3621.93% | 1828.89% | -33.7% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $28.83M | $44.14M | $300.0K |
YoY Change | 9511.0% | 21968.0% | -57.14% |
Accrued Expenses | $10.34M | $8.615M | $100.0K |
YoY Change | 10241.0% | 8515.0% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $55.40M | $42.90M | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $14.50M | $0.00 |
YoY Change | |||
Total Short-Term Liabilities | $94.85M | $111.2M | $500.0K |
YoY Change | 18870.4% | 36969.67% | -37.5% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $10.34M | $100.0K |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $2.000M | $1.986M | |
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $12.33M | $100.0K |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $94.85M | $111.2M | $500.0K |
Total Long-Term Liabilities | $0.00 | $12.33M | $100.0K |
Total Liabilities | $125.2M | $138.1M | $600.0K |
YoY Change | 20770.17% | 45933.33% | -25.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $15.87M | $18.78M | |
YoY Change | |||
Common Stock | $38.00K | $13.00K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $101.8M | -$35.14M | $5.500M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $227.0M | $127.3M | $6.100M |
YoY Change | 3621.93% | 1828.89% | -33.7% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.906M | $881.0K | -$2.304M |
YoY Change | 26.13% | -167.77% | 130.4% |
Depreciation, Depletion And Amortization | $1.814M | $5.340M | $936.0K |
YoY Change | 93.8% | 8800.0% | 2240.0% |
Cash From Operating Activities | $8.902M | $18.29M | $24.95M |
YoY Change | -64.32% | -2226.74% | -5090.2% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $468.0K | -$6.170M | $254.0K |
YoY Change | 84.25% | 30750.0% | -2640.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $4.090M | $0.00 | |
YoY Change | |||
Cash From Investing Activities | $3.625M | -$6.170M | -$254.0K |
YoY Change | -1527.17% | 30750.0% | 2440.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$13.61M | -11.02M | -$27.75M |
YoY Change | -50.95% | -477.04% | |
NET CHANGE | |||
Cash From Operating Activities | $8.902M | 18.29M | $24.95M |
Cash From Investing Activities | $3.625M | -6.170M | -$254.0K |
Cash From Financing Activities | -$13.61M | -11.02M | -$27.75M |
Net Change In Cash | -$1.085M | 1.100M | -$3.053M |
YoY Change | -64.46% | -225.0% | -144.57% |
FREE CASH FLOW | |||
Cash From Operating Activities | $8.902M | $18.29M | $24.95M |
Capital Expenditures | $468.0K | -$6.170M | $254.0K |
Free Cash Flow | $8.434M | $24.46M | $24.70M |
YoY Change | -65.85% | -3011.9% | -5140.2% |
Facts In Submission
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---|---|---|---|---|
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Accounts Payable Current
AccountsPayableCurrent
|
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Accounts Receivable Net Current
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|
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CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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Accrued Income Taxes Noncurrent
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Accrued Income Taxes Noncurrent
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Accrued Liabilities Current
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Accrued Liabilities Current
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Allowance For Doubtful Accounts Receivable Recoveries
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Allowance For Doubtful Accounts Receivable Recoveries
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Amortization Of Financing Costs
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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Assets
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Assets
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Assets Current
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Business Acquisition Equity Interest Issued Or Issuable Value Assigned
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Business Acquisition Equity Interest Issued Or Issuable Value Assigned
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Cash And Cash Equivalents At Carrying Value
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Common Stock Par Or Stated Value Per Share
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Finite Lived Intangible Assets Accumulated Amortization
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Finite Lived Intangible Assets Amortization Expense Year Four
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|
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Finite Lived Intangible Assets Amortization Expense Year Three
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|
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Finite Lived Intangible Assets Amortization Expense Year Two
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|
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Goodwill
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|
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Goodwill
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Gross Profit
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|
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Gross Profit
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Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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Income Tax Expense Benefit
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Income Taxes Paid
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Income Taxes Paid
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|
-112000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8360000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1924000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-423000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
646000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1142000 | USD |
CY2014Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
42178000 | USD |
CY2014Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
40210000 | USD |
CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3972000 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
4240000 | USD |
CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
1314000 | USD |
CY2013 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1314000 | USD |
CY2014Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
4240000 | USD |
CY2013Q1 | us-gaap |
Interest Paid
InterestPaid
|
725000 | USD |
CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
563000 | USD |
CY2013Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
44144000 | USD |
CY2014Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
38717000 | USD |
CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
49643000 | USD |
CY2014Q1 | us-gaap |
Inventory Net
InventoryNet
|
41584000 | USD |
CY2014Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
2867000 | USD |
CY2013Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
5499000 | USD |
CY2014Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
381000 | USD |
CY2013Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
138100000 | USD |
CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
125221000 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
227038000 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
127307000 | USD |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
111209000 | USD |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
94852000 | USD |
CY2014Q1 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
34490000 | USD |
CY2013Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
39736000 | USD |
CY2013Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
14500000 | USD |
CY2014Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
0 | USD |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
64578000 | USD |
CY2014Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
52227000 | USD |
CY2014Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
0 | USD |
CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
10342000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13612000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-27750000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-254000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
3625000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8902000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
24951000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2906000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2304000 | USD |
CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4215000 | USD |
CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1703000 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
16799000 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8963000 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4523000 | USD |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-338000 | USD |
CY2014Q1 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
13000000 | USD |
CY2014Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2335000 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1231000 | USD |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
170000 | USD |
CY2014Q1 | us-gaap |
Other Assets
OtherAssets
|
119000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
128000 | USD |
CY2013Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1097000 | USD |
CY2014Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
288000 | USD |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
25000 | USD |
CY2013Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-389000 | USD |
CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
887000 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
18775000 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15868000 | USD |
CY2014Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
396000 | USD |
CY2013Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD |
CY2013Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2014Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1419000 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
254000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
468000 | USD |
CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3561000 | USD |
CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4131000 | USD |
CY2014Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
2925000 | USD |
CY2013Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
2925000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
|
7000000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
|
0 | USD |
CY2014Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
44490000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
9000000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
559000 | USD |
CY2013Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
139000 | USD |
CY2014Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
132000 | USD |
CY2012Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
165000 | USD |
CY2014Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
161000 | USD |
CY2013 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
640000 | USD |
CY2014Q1 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
154000 | USD |
CY2013 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
614000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
12803000 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
13582000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7369000 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6229000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
6000 | USD |
CY2013Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
0 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
49736000 | USD |
CY2013Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
33000000 | USD |
CY2013Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3750000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
14500000 | USD |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1998000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.019 | |
CY2014Q1 | us-gaap |
Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
|
-1265000 | USD |
CY2013Q1 | us-gaap |
Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
|
-1482000 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
38288000 | USD |
CY2013Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
29533000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.498 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.497 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.02 | |
CY2013Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
5706000 | USD |
CY2014Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
7000000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1049000 | USD |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
708000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
6000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1419000 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1439000 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2769932 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
4.50 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
1300000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
52752 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
947327 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
8.60 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
48829243 | USD |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
3031094 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6121033 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3960783 | shares |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.70 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
6.92 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
48829243 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
6121033 | shares |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
6.92 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
4.60 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
15.63 | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
26592151 | USD |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P5Y9M22D | |
CY2013 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y5M12D | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P7Y11M16D | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P7Y11M16D | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
4600000 | USD |
CY2014Q1 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Noncurrent
SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent
|
13983000 | USD |
CY2013Q4 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Amount Noncurrent
SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent
|
13713000 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
127179 | shares |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
101817000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-35138000 | USD |
CY2014Q1 | us-gaap |
Subordinated Debt Current
SubordinatedDebtCurrent
|
17737000 | USD |
CY2013Q4 | us-gaap |
Subordinated Debt Current
SubordinatedDebtCurrent
|
0 | USD |
CY2013Q4 | us-gaap |
Subordinated Long Term Debt
SubordinatedLongTermDebt
|
10342000 | USD |
CY2014Q1 | us-gaap |
Subordinated Long Term Debt
SubordinatedLongTermDebt
|
0 | USD |
CY2014Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | USD |
CY2013Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
24345000 | USD |
CY2013Q4 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0.01 | |
CY2014Q1 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
0 | |
CY2014Q1 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
0 | shares |
CY2013Q4 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
50000000 | shares |
CY2014Q1 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
0 | shares |
CY2013Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
48689555 | shares |
CY2014Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | shares |
CY2013Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
48689555 | shares |
CY2014Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
1500000 | USD |
CY2013Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12700000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
33715000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33715000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12700000 | shares |
CY2014Q1 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
2200000 | USD |
CY2013Q4 | hear |
Accounts Receivable Factoring Arrangement Nonrecourse Maximum
AccountsReceivableFactoringArrangementNonrecourseMaximum
|
5000000 | GBP |
CY2014Q1 | hear |
Accrued Expenses Current
AccruedExpensesCurrent
|
5619000 | USD |
CY2013Q4 | hear |
Accrued Expenses Current
AccruedExpensesCurrent
|
5295000 | USD |
CY2013Q1 | hear |
Accrued Interest On Redeemable Preferred Stock
AccruedInterestOnRedeemablePreferredStock
|
243000 | USD |
CY2014Q1 | hear |
Accrued Interest On Redeemable Preferred Stock
AccruedInterestOnRedeemablePreferredStock
|
270000 | USD |
CY2014Q1 | hear |
Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Shares Availablefor Grant Option Plan Terminated Business Combination
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAvailableforGrantOptionPlanTerminatedBusinessCombination
|
1439000 | shares |
CY2014Q1 | hear |
Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Shares Availablefor Grant Options Grantedand Assumedin Business Combination
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAvailableforGrantOptionsGrantedandAssumedinBusinessCombination
|
947000 | shares |
CY2014Q1 | hear |
Sharebased Compensation Arrangementby Sharebased Payment Award Numberof Shares Availablefor Grant Shares Authorizedand Assumedin Business Combination
SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAvailableforGrantSharesAuthorizedandAssumedinBusinessCombination
|
2372000 | shares |
CY2014Q1 | hear |
Sharebased Compensation Arrangementby Sharebased Payment Award Options Assumedin Acquisition
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsAssumedinAcquisition
|
1392854 | shares |
CY2014Q1 | hear |
Sharebased Compensation Arrangementby Sharebased Payment Award Options Assumedin Acquisition Weighted Average Exercise Price
SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsAssumedinAcquisitionWeightedAverageExercisePrice
|
6.02 | |
CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001493761 | |
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
37843247 | shares |
CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Parametric Sound Corp |