2018 Q1 Form 10-K Financial Statement

#000119312518047834 Filed on February 16, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2016 Q4 2016
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $500.0K $2.030M $4.381M
YoY Change -74.87% 256.14% 93.04%
% of Gross Profit
Research & Development $674.0K $730.0K $2.642M
YoY Change -17.64% 55.32% 57.21%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.175M $2.760M $7.022M
YoY Change -58.24% 167.96% 77.8%
Operating Profit -$1.175M -$7.022M
YoY Change -58.24% 77.8%
Interest Expense $0.00 $10.00K $21.99K
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.170M -$2.750M -$7.000M
YoY Change -58.21% 166.99% 77.24%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.171M -$2.750M -$7.000M
YoY Change -58.21% 166.99% 77.24%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$0.01 -$24.24K
COMMON SHARES
Basic Shares Outstanding 369.6M shares 300.4M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2016 Q4 2016
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.570M $6.890M $6.885M
YoY Change -32.91% 1048.33% 1044.8%
Cash & Equivalents $1.573M $6.885M $6.885M
Short-Term Investments
Other Short-Term Assets $300.0K $310.0K $311.1K
YoY Change 0.0% 800.8% 804.1%
Inventory
Prepaid Expenses $51.36K $61.10K
Receivables
Other Receivables
Total Short-Term Assets $1.875M $7.197M $7.197M
YoY Change -29.01% 1031.78% 1031.78%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $105.0K $141.6K $141.6K
YoY Change -21.82% -43.37% -43.37%
Total Long-Term Assets $105.0K $141.6K $141.6K
YoY Change -21.82% -43.37% -43.37%
TOTAL ASSETS
Total Short-Term Assets $1.875M $7.197M $7.197M
Total Long-Term Assets $105.0K $141.6K $141.6K
Total Assets $1.980M $7.338M $7.338M
YoY Change -28.67% 728.36% 728.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $370.1K $297.8K $297.8K
YoY Change 8.95% -22.31% -22.31%
Accrued Expenses
YoY Change
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 $441.2K $308.1K $308.1K
YoY Change 11.46% -33.29% -33.29%
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 $441.2K $308.1K $308.1K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $441.2K $308.1K $308.1K
YoY Change 11.46% -33.29% -33.29%
SHAREHOLDERS EQUITY
Retained Earnings -$49.47M -$43.17M
YoY Change 7.61% 19.35%
Common Stock $51.01M $50.20M
YoY Change 5.49% 37.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$822.4K $7.030M $7.030M
YoY Change
Total Liabilities & Shareholders Equity $1.980M $7.338M $7.338M
YoY Change -28.67% 728.36% 728.36%

Cashflow Statement

Concept 2018 Q1 2016 Q4 2016
OPERATING ACTIVITIES
Net Income -$1.171M -$2.750M -$7.000M
YoY Change -58.21% 166.99% 77.24%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.132M -$1.210M -$3.759M
YoY Change 30.08% 89.06% 66.03%
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 $2.665M
YoY Change 6.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.361M 4.540M 10.04M
YoY Change -164.15% 301.7%
NET CHANGE
Cash From Operating Activities -1.132M -1.210M -3.759M
Cash From Investing Activities
Cash From Financing Activities 2.361M 4.540M 10.04M
Net Change In Cash 1.229M 3.330M 6.284M
YoY Change -127.01% -620.31% 2559.55%
FREE CASH FLOW
Cash From Operating Activities -$1.132M -$1.210M -$3.759M
Capital Expenditures
Free Cash Flow
YoY Change

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