2016 Q4 Form 10-Q Financial Statement
#000157104917005015 Filed on May 15, 2017
Income Statement
| Concept | 2016 Q4 |
|---|---|
| Revenue | $30.80M |
| YoY Change | 1825.0% |
| Cost Of Revenue | $32.90M |
| YoY Change | 3555.56% |
| Gross Profit | -$2.100M |
| YoY Change | -400.0% |
| Gross Profit Margin | -6.82% |
| Selling, General & Admin | $5.000M |
| YoY Change | 108.33% |
| % of Gross Profit | |
| Research & Development | $0.00 |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $170.0K |
| YoY Change | 54.55% |
| % of Gross Profit | |
| Operating Expenses | $18.90M |
| YoY Change | 626.92% |
| Operating Profit | -$21.00M |
| YoY Change | 1005.26% |
| Interest Expense | $0.00 |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | $200.0K |
| YoY Change | 100.0% |
| Pretax Income | -$22.80M |
| YoY Change | 1040.0% |
| Income Tax | -$300.0K |
| % Of Pretax Income | |
| Net Earnings | -$20.60M |
| YoY Change | 984.21% |
| Net Earnings / Revenue | -66.88% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$419.6K |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q4 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $3.800M |
| YoY Change | 0.0% |
| Cash & Equivalents | $3.762M |
| Short-Term Investments | |
| Other Short-Term Assets | $3.582M |
| YoY Change | -23.79% |
| Inventory | $203.7K |
| Prepaid Expenses | $375.9K |
| Receivables | $9.522M |
| Other Receivables | $1.800M |
| Total Short-Term Assets | $19.32M |
| YoY Change | 91.28% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $4.964M |
| YoY Change | 2381.86% |
| Goodwill | $6.649M |
| YoY Change | |
| Intangibles | $453.2K |
| YoY Change | |
| Long-Term Investments | $6.700M |
| YoY Change | 1240.0% |
| Other Assets | $112.6K |
| YoY Change | 12.64% |
| Total Long-Term Assets | $36.43M |
| YoY Change | 275.53% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $19.32M |
| Total Long-Term Assets | $36.43M |
| Total Assets | $55.75M |
| YoY Change | 181.55% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $13.34M |
| YoY Change | |
| Accrued Expenses | $709.0K |
| YoY Change | -77.84% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $3.000M |
| YoY Change | 0.0% |
| Total Short-Term Liabilities | $24.02M |
| YoY Change | 140.15% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $24.02M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $24.02M |
| YoY Change | 203.99% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | -$115.7M |
| YoY Change | |
| Common Stock | $152.8M |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $35.79M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $55.75M |
| YoY Change | 181.55% |
Cashflow Statement
| Concept | 2016 Q4 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$20.60M |
| YoY Change | 984.21% |
| Depreciation, Depletion And Amortization | $170.0K |
| YoY Change | 54.55% |
| Cash From Operating Activities | -$1.480M |
| YoY Change | 572.73% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$420.0K |
| YoY Change | 147.06% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $850.0K |
| YoY Change | |
| Cash From Investing Activities | $430.0K |
| YoY Change | -352.94% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.000M |
| YoY Change | -745.16% |
| NET CHANGE | |
| Cash From Operating Activities | -1.480M |
| Cash From Investing Activities | 430.0K |
| Cash From Financing Activities | 2.000M |
| Net Change In Cash | 950.0K |
| YoY Change | -235.71% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$1.480M |
| Capital Expenditures | -$420.0K |
| Free Cash Flow | -$1.060M |
| YoY Change | 2020.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q1 | wcst |
Issuance Of Shares For Settlement Of Liability
IssuanceOfSharesForSettlementOfLiability
|
USD | |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3761814 | USD |
| CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
9522151 | USD |
| CY2016Q4 | wcst |
Licensed Content Current
LicensedContentCurrent
|
124319 | USD |
| CY2016Q4 | wcst |
Licensed Content Non Current
LicensedContentNonCurrent
|
17593528 | USD |
| CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
453242 | USD |
| CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
6648911 | USD |
| CY2016Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
6654664 | USD |
| CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
112643 | USD |
| CY2016Q4 | us-gaap |
Assets
Assets
|
55746290 | USD |
| CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
13341680 | USD |
| CY2016Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1350054 | USD |
| CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
708987 | USD |
| CY2016Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
766957 | USD |
| CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1995297 | USD |
| CY2016Q4 | wcst |
Accrued License Content Fees Current
AccruedLicenseContentFeesCurrent
|
1236661 | USD |
| CY2016Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
3000000 | USD |
| CY2016Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
70785 | USD |
| CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
24015354 | USD |
| CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
24015354 | USD |
| CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2016Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
1261995 | USD |
| CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
7155 | USD |
| CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
53918 | USD |
| CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
152755919 | USD |
| CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-115669268 | USD |
| CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1353302 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35794422 | USD |
| CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-5325481 | USD |
| CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
30468941 | USD |
| CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
55746290 | USD |
| CY2016Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
7000000 | shares |
| CY2016Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
7000000 | shares |
| CY2016Q4 | us-gaap |
Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
|
3500000 | USD |
| CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
16500000 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
7154997 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
7154997 | shares |
| CY2016Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
12521245 | USD |
| CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1500000000 | shares |
| CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
53918523 | shares |
| CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
53918523 | shares |
| CY2016Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
1749830 | USD |
| CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
557918 | USD |
| CY2016Q4 | wcst |
Office Building Payable Current
OfficeBuildingPayableCurrent
|
987015 | USD |
| CY2016Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
USD |
