2014 Form 10-K Financial Statement
#000110465915023367 Filed on March 27, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $7.200M |
| YoY Change | -6.04% |
| Cost Of Revenue | $2.500M |
| YoY Change | -9.12% |
| Gross Profit | $4.700M |
| YoY Change | -4.32% |
| Gross Profit Margin | 65.28% |
| Selling, General & Admin | $3.000M |
| YoY Change | 16.32% |
| % of Gross Profit | 63.83% |
| Research & Development | $1.900M |
| YoY Change | 20.33% |
| % of Gross Profit | 40.43% |
| Depreciation & Amortization | $240.0K |
| YoY Change | 63.27% |
| % of Gross Profit | 5.11% |
| Operating Expenses | $4.900M |
| YoY Change | 17.85% |
| Operating Profit | -$200.0K |
| YoY Change | -126.53% |
| Interest Expense | -$100.0K |
| YoY Change | -23.66% |
| % of Operating Profit | |
| Other Income/Expense, Net | $100.0K |
| YoY Change | |
| Pretax Income | -$300.0K |
| YoY Change | -148.15% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$300.0K |
| YoY Change | -148.15% |
| Net Earnings / Revenue | -4.17% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$24.19K |
| COMMON SHARES | |
| Basic Shares Outstanding | 12.39M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $1.000M |
| YoY Change | -9.09% |
| Cash & Equivalents | $1.000M |
| Short-Term Investments | |
| Other Short-Term Assets | $100.0K |
| YoY Change | 0.0% |
| Inventory | $0.00 |
| Prepaid Expenses | |
| Receivables | $700.0K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $1.900M |
| YoY Change | -9.52% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $400.0K |
| YoY Change | 33.33% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $100.0K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $400.0K |
| YoY Change | 33.33% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $1.900M |
| Total Long-Term Assets | $400.0K |
| Total Assets | $2.300M |
| YoY Change | -4.17% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $200.0K |
| YoY Change | 0.0% |
| Accrued Expenses | $700.0K |
| YoY Change | -12.5% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $100.0K |
| YoY Change | 0.0% |
| Total Short-Term Liabilities | $1.500M |
| YoY Change | -11.76% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.700M |
| YoY Change | 6.25% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $1.700M |
| YoY Change | 6.25% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.500M |
| Total Long-Term Liabilities | $1.700M |
| Total Liabilities | $3.100M |
| YoY Change | -6.06% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | -$800.0K |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $2.300M |
| YoY Change | -4.17% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$300.0K |
| YoY Change | -148.15% |
| Depreciation, Depletion And Amortization | $240.0K |
| YoY Change | 63.27% |
| Cash From Operating Activities | $570.0K |
| YoY Change | -60.42% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$60.00K |
| YoY Change | -151.72% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$60.00K |
| YoY Change | -50.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -650.0K |
| YoY Change | 170.83% |
| NET CHANGE | |
| Cash From Operating Activities | 570.0K |
| Cash From Investing Activities | -60.00K |
| Cash From Financing Activities | -650.0K |
| Net Change In Cash | -140.0K |
| YoY Change | -112.96% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $570.0K |
| Capital Expenditures | -$60.00K |
| Free Cash Flow | $630.0K |
| YoY Change | -52.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12393000 |
