2018 Q1 Form 10-K Financial Statement

#000082241118000004 Filed on March 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $734.6K $1.108M $4.027M
YoY Change -7.02% -43.16% -19.56%
% of Gross Profit
Research & Development $290.6K -$676.7K $17.13M
YoY Change -93.8% -112.6% -10.36%
% of Gross Profit
Depreciation & Amortization $106.00 $640.00 $47.77K
YoY Change -99.36% -96.8% -36.41%
% of Gross Profit
Operating Expenses $1.025M $431.7K $21.15M
YoY Change -81.29% -94.1% -12.27%
Operating Profit -$1.025M -$21.15M
YoY Change -81.29% -12.27%
Interest Expense $0.00 $400.00 $882.7K
YoY Change -100.0% -99.96% -32.71%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.025M -$431.3K -$14.31M
YoY Change -82.71% -93.18% -35.2%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.025M -$431.3K -$14.31M
YoY Change -82.71% -93.18% -35.2%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$244.5K -$123.1K -$9.936M
COMMON SHARES
Basic Shares Outstanding 41.93M shares 35.20M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.027M $6.630M $6.630M
YoY Change -5.87% -42.05% -42.03%
Cash & Equivalents $5.027M $6.630M $6.630M
Short-Term Investments
Other Short-Term Assets $137.6K $378.8K $378.8K
YoY Change -72.15% -52.14% -80.85%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $5.164M $7.009M $7.009M
YoY Change -27.65% -47.75% -47.75%
LONG-TERM ASSETS
Property, Plant & Equipment $462.00 $568.00 $570.00
YoY Change -99.5% -99.48% -99.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets $462.00 $568.00 $570.00
YoY Change -99.99% -99.98% -99.98%
TOTAL ASSETS
Total Short-Term Assets $5.164M $7.009M $7.009M
Total Long-Term Assets $462.00 $568.00 $570.00
Total Assets $5.165M $7.009M $7.009M
YoY Change -50.84% -58.5% -58.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.125M $1.775M $1.775M
YoY Change 22.99% 32.22% 32.22%
Accrued Expenses $215.0K $295.6K $586.1K
YoY Change -78.72% -62.44% -69.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.493M $2.361M $2.361M
YoY Change -30.83% -27.11% -27.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.493M $2.361M $2.361M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.493M $2.361M $2.361M
YoY Change -85.11% -78.06% -78.06%
SHAREHOLDERS EQUITY
Retained Earnings -$117.5M -$116.4M
YoY Change 15.11% 21.01%
Common Stock $121.1M $121.1M
YoY Change 18.15% 18.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.672M $4.648M $4.648M
YoY Change
Total Liabilities & Shareholders Equity $5.165M $7.009M $7.009M
YoY Change -50.84% -58.5% -58.5%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017
OPERATING ACTIVITIES
Net Income -$1.025M -$431.3K -$14.31M
YoY Change -82.71% -93.18% -35.2%
Depreciation, Depletion And Amortization $106.00 $640.00 $47.77K
YoY Change -99.36% -96.8% -36.41%
Cash From Operating Activities -$1.603M -$4.929M -$16.67M
YoY Change -73.59% 31.79% -16.07%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.330K
YoY Change
Cash From Investing Activities $0.00 $1.326K
YoY Change -133.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 5.553M $11.86M
YoY Change -100.0% -4727.87% 36.34%
NET CHANGE
Cash From Operating Activities -$1.603M -4.929M -$16.67M
Cash From Investing Activities 0.000 $1.326K
Cash From Financing Activities $0.00 5.553M $11.86M
Net Change In Cash -$1.603M 624.6K -$4.807M
YoY Change -73.7% -116.18% -56.95%
FREE CASH FLOW
Cash From Operating Activities -$1.603M -$4.929M -$16.67M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$4.929M -$16.67M
YoY Change 31.79% -16.09%

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ValuationAllowancesAndReservesDeductions
4197375 USD
CY2014Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
597719 USD
CY2015Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1958775 USD
CY2016Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
573560 USD
CY2017Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 USD
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2180092 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2798881 shares
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14404344 shares
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:37px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions about the future outcome of current transactions which may affect the reporting and disclosure of these transactions. Accordingly, actual results could differ from those estimates used in the preparation of these consolidated financial statements.</font></div></div>

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imuc-123117x10k.htm Edgar Link pending
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