2017 Q4 Form 10-K Financial Statement
#000114420419017205 Filed on April 01, 2019
Income Statement
| Concept | 2017 Q4 | 2017 |
|---|---|---|
| Revenue | $37.60M | $144.4M |
| YoY Change | 22.08% | 310.26% |
| Cost Of Revenue | $36.30M | $137.2M |
| YoY Change | 10.33% | 285.92% |
| Gross Profit | $1.300M | $7.164M |
| YoY Change | -161.9% | -2059.16% |
| Gross Profit Margin | 3.46% | 4.96% |
| Selling, General & Admin | $6.400M | $13.13M |
| YoY Change | 28.0% | 20.47% |
| % of Gross Profit | 492.31% | 183.26% |
| Research & Development | $0.00 | $406.8K |
| YoY Change | ||
| % of Gross Profit | 0.0% | 5.68% |
| Depreciation & Amortization | $20.00K | $310.0K |
| YoY Change | -88.24% | -39.22% |
| % of Gross Profit | 1.54% | 4.33% |
| Operating Expenses | $6.400M | $17.26M |
| YoY Change | -66.14% | -39.48% |
| Operating Profit | -$5.100M | -$10.10M |
| YoY Change | -75.71% | -65.05% |
| Interest Expense | -$100.0K | $94.62K |
| YoY Change | -62.85% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$400.0K | -$426.7K |
| YoY Change | -300.0% | -848.37% |
| Pretax Income | -$5.600M | -$10.86M |
| YoY Change | -75.44% | -62.33% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$5.800M | -$10.50M |
| YoY Change | -71.84% | -63.15% |
| Net Earnings / Revenue | -15.43% | -7.28% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$88.01K | -$171.6K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 Q4 | 2017 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $7.200M | $7.200M |
| YoY Change | 89.47% | 89.47% |
| Cash & Equivalents | $7.200M | $7.200M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.276M | $21.80M |
| YoY Change | -36.45% | 431.71% |
| Inventory | $216.5K | $200.0K |
| Prepaid Expenses | $2.203M | |
| Receivables | $26.96M | $27.00M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $56.19M | $56.20M |
| YoY Change | 190.86% | 191.19% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $127.3K | $100.0K |
| YoY Change | -97.44% | -98.0% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $148.9K | |
| YoY Change | -67.15% | |
| Long-Term Investments | $7.000M | $7.000M |
| YoY Change | 4.48% | 4.48% |
| Other Assets | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| Total Long-Term Assets | $7.252M | $7.200M |
| YoY Change | -80.09% | -80.22% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $56.19M | $56.20M |
| Total Long-Term Assets | $7.252M | $7.200M |
| Total Assets | $63.44M | $63.40M |
| YoY Change | 13.81% | 13.82% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $26.83M | $26.80M |
| YoY Change | 101.1% | 87.41% |
| Accrued Expenses | $175.6K | $800.0K |
| YoY Change | -75.23% | -75.76% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $3.000M | $3.000M |
| YoY Change | 0.0% | 0.0% |
| Total Short-Term Liabilities | $32.04M | $32.00M |
| YoY Change | 33.43% | 33.33% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $384.2K | $400.0K |
| YoY Change | ||
| Total Long-Term Liabilities | $384.2K | $400.0K |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $32.04M | $32.00M |
| Total Long-Term Liabilities | $384.2K | $400.0K |
| Total Liabilities | $32.43M | $31.10M |
| YoY Change | 35.03% | 66.31% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$126.7M | |
| YoY Change | 9.53% | |
| Common Stock | $68.51K | |
| YoY Change | -99.96% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $31.04M | $32.30M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $63.44M | $63.40M |
| YoY Change | 13.81% | 13.82% |
Cashflow Statement
| Concept | 2017 Q4 | 2017 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$5.800M | -$10.50M |
| YoY Change | -71.84% | -63.15% |
| Depreciation, Depletion And Amortization | $20.00K | $310.0K |
| YoY Change | -88.24% | -39.22% |
| Cash From Operating Activities | -$4.130M | -$10.32M |
| YoY Change | 179.05% | 9.42% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$10.00K | $63.88K |
| YoY Change | -97.62% | -98.33% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$2.620M | -$460.0K |
| YoY Change | -408.24% | -86.39% |
| Cash From Investing Activities | -$2.650M | -$525.5K |
| YoY Change | -716.28% | -94.85% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 12.33M | $14.26M |
| YoY Change | 516.5% | -27.66% |
| NET CHANGE | ||
| Cash From Operating Activities | -4.130M | -$10.32M |
| Cash From Investing Activities | -2.650M | -$525.5K |
| Cash From Financing Activities | 12.33M | $14.26M |
| Net Change In Cash | 5.550M | $3.414M |
| YoY Change | 484.21% | 4167.58% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$4.130M | -$10.32M |
| Capital Expenditures | -$10.00K | $63.88K |
| Free Cash Flow | -$4.120M | -$10.38M |
| YoY Change | 288.68% | -21.68% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
1261995 | USD |
| CY2018 | idex |
Capital Loss Carryover Available To Offset Future Capital Gains Expires In2024
CapitalLossCarryoverAvailableToOffsetFutureCapitalGainsExpiresIn2024
|
400000 | USD |
| CY2017Q4 | idex |
Licensed Content Current
LicensedContentCurrent
|
16958149 | USD |
| CY2017Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
222350 | USD |
| CY2017Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
737072 | USD |
| CY2017Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
434030 | USD |
| CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
801560 | USD |
| CY2017Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3000000 | USD |
| CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
32044660 | USD |
| CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
384243 | USD |
| CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
32428903 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
30327498 | USD |
| CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
63444488 | USD |
| CY2017 | idex |
Revenue From Third Parties
RevenueFromThirdParties
|
125379786 | USD |
| CY2017 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
18973054 | USD |
| CY2017 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
144352840 | USD |
| CY2017 | idex |
Third Parties Costs
ThirdPartiesCosts
|
137188393 | USD |
| CY2017 | us-gaap |
Gross Profit
GrossProfit
|
7164447 | USD |
| CY2017 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
13129313 | USD |
| CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
406845 | USD |
| CY2017 | us-gaap |
Professional Fees
ProfessionalFees
|
3200885 | USD |
| CY2017 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
308102 | USD |
| CY2017 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
216468 | USD |
| CY2017 | us-gaap |
Operating Expenses
OperatingExpenses
|
17261613 | USD |
| CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10097166 | USD |
| CY2017 | us-gaap |
Interest Expense
InterestExpense
|
94618 | USD |
| CY2017 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
112642 | USD |
| CY2017 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-129193 | USD |
| CY2017 | us-gaap |
Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
|
0 | USD |
| CY2017 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-426698 | USD |
| CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-10860317 | USD |
| CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
-10860317 | USD |
| CY2017 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-357268 | USD |
| CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10503049 | USD |
| CY2017 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.17 | |
| CY2017 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
61182209 | shares |
| CY2017 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
766070 | USD |
| CY2017 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-10094247 | USD |
| CY2017 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
401359 | USD |
| CY2017 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9692888 | USD |
| CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1305829 | USD |
| CY2017 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
145512 | USD |
| CY2017 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-688098 | USD |
| CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
18802766 | USD |
| CY2017 | idex |
Increase Decrease In Licensed Content
IncreaseDecreaseInLicensedContent
|
-759698 | USD |
| CY2017 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4130372 | USD |
| CY2017 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
13493865 | USD |
| CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-821351 | USD |
| CY2017 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1124119 | USD |
| CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10318774 | USD |
| CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
63877 | USD |
| CY2017 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2515923 | USD |
| CY2017 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
-8753 | USD |
| CY2017 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
754361 | USD |
| CY2017 | us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
2250000 | USD |
| CY2017 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
35612 | USD |
| CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-525456 | USD |
| CY2017 | us-gaap |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
|
13618207 | USD |
| CY2017 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
490000 | USD |
| CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14258290 | USD |
| CY2017 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
83488 | USD |
| CY2017 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3497548 | USD |
| CY2016Q4 | us-gaap |
Cash
Cash
|
4079769 | USD |
| CY2017 | idex |
Exchange Of Series E Preferred Stock For Common Stock
ExchangeOfSeriesEPreferredStockForCommonStock
|
7155 | USD |
| CY2017 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-293977 | USD |
| CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
407863 | USD |
| CY2017 | idex |
Proceeds From Exemption Due To Related Parties
ProceedsFromExemptionDueToRelatedParties
|
444060 | USD |
| CY2017 | idex |
Acquisition Of Guang Ming
AcquisitionOfGuangMing
|
444060 | USD |
