2016 Q1 Form 10-K Financial Statement
#000119312516446037 Filed on February 01, 2016
Income Statement
Concept | 2016 Q1 | 2015 | 2014 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $610.0K | $2.269M | $590.0K |
YoY Change | 0.0% | 50.58% | 195.0% |
% of Gross Profit | |||
Research & Development | $582.5K | $1.680M | $310.0K |
YoY Change | 86.1% | -30.87% | 1450.0% |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.194M | $3.950M | $900.0K |
YoY Change | 29.46% | 0.3% | 328.57% |
Operating Profit | -$1.194M | -$3.950M | |
YoY Change | 29.46% | 0.3% | |
Interest Expense | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$1.190M | -$3.950M | -$900.0K |
YoY Change | 29.35% | -0.65% | 309.09% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.194M | -$3.950M | -$900.0K |
YoY Change | 29.46% | -0.65% | 309.09% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.00 | -$16.98K | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 245.4M shares | 211.4M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q1 | 2015 | 2014 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $120.0K | $601.5K | $370.0K |
YoY Change | 50.0% | 64.71% | |
Cash & Equivalents | $118.6K | $601.5K | $365.2K |
Short-Term Investments | |||
Other Short-Term Assets | $52.02K | $34.41K | $97.82K |
YoY Change | 18.97% | -64.82% | |
Inventory | |||
Prepaid Expenses | $97.82K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $170.6K | $635.9K | $463.0K |
YoY Change | 33.65% | 37.34% | 4431.45% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $250.0K | $250.0K | $0.00 |
YoY Change | |||
Total Long-Term Assets | $250.0K | $250.0K | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $170.6K | $635.9K | $463.0K |
Total Long-Term Assets | $250.0K | $250.0K | $0.00 |
Total Assets | $420.6K | $885.9K | $463.0K |
YoY Change | 229.46% | 91.34% | 4431.45% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $647.1K | $383.4K | $325.0K |
YoY Change | 31.03% | 17.97% | 13.2% |
Accrued Expenses | $23.00K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $743.4K | $461.9K | $400.9K |
YoY Change | 30.76% | 15.21% | -48.34% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $743.4K | $461.9K | $400.9K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $743.4K | $461.9K | $400.9K |
YoY Change | 30.76% | 15.21% | -48.34% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$37.37M | -$32.22M | |
YoY Change | 12.74% | 14.07% | |
Common Stock | $37.04M | $32.29M | |
YoY Change | 13.27% | 1709007.04% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$322.8K | $424.0K | $62.08K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $420.6K | $885.9K | $463.0K |
YoY Change | 229.46% | 91.34% | 4431.45% |
Cashflow Statement
Concept | 2016 Q1 | 2015 | 2014 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.194M | -$3.950M | -$900.0K |
YoY Change | 29.46% | -0.65% | 309.09% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$480.0K | -$2.264M | -$520.0K |
YoY Change | 71.43% | 73.66% | 205.88% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.500M | ||
YoY Change | 66.67% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.500M | 510.0K | |
YoY Change | 49.84% | 200.0% | |
NET CHANGE | |||
Cash From Operating Activities | -480.0K | -2.264M | -520.0K |
Cash From Investing Activities | |||
Cash From Financing Activities | 2.500M | 510.0K | |
Net Change In Cash | -480.0K | 236.3K | -10.00K |
YoY Change | 71.43% | -35.26% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$480.0K | -$2.264M | -$520.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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0001042418 | |
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Smaller Reporting Company | |
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HedgePath Pharmaceuticals, Inc. | |
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Valuation Allowance Methodologies And Assumptions
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In accordance with GAAP, it is required that a deferred tax asset be reduced by a valuation allowance if, based on the weight of available evidence it is more likely than not (a likelihood of more than 50 percent) that some portion or all of the deferred tax assets will not be realized. | |
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2015-12-31 | |
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <b><i>Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> The preparation of financial statements 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 period. Actual results could differ from those estimates.</p> </div> | |
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CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
2500000 | |
CY2015 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1680250 | |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1342859 | |
CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-136332 | |
CY2015 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2500000 | |
CY2015 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2269335 | |
CY2015 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
150981 | |
CY2015 | hppi |
Issuance Of Common Stock In Payment Of Trade Payable
IssuanceOfCommonStockInPaymentOfTradePayable
|
90000 |