2016 Q1 Form 10-K Financial Statement

#000119312516446037 Filed on February 01, 2016

View on sec.gov

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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