2016 Q1 Form 10-K Financial Statement
#000114420416091533 Filed on March 30, 2016
Income Statement
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
Revenue | $496.6K | $500.0K | $1.794M |
YoY Change | -58.54% | 100.0% | -5.2% |
Cost Of Revenue | $494.8K | $610.0K | $2.189M |
YoY Change | -51.47% | 1.67% | 1.96% |
Gross Profit | $1.890K | -$110.0K | -$395.0K |
YoY Change | -98.94% | -68.57% | 55.18% |
Gross Profit Margin | 0.38% | -22.0% | -22.02% |
Selling, General & Admin | $1.333M | $1.130M | $4.193M |
YoY Change | -3.68% | 36.14% | 61.49% |
% of Gross Profit | 70521.75% | ||
Research & Development | $1.480M | $770.0K | $2.340M |
YoY Change | 49.16% | 97.44% | 93.04% |
% of Gross Profit | 78306.08% | ||
Depreciation & Amortization | $87.00K | $30.00K | $67.79K |
YoY Change | 165.22% | 200.0% | 128.17% |
% of Gross Profit | 4603.12% | ||
Operating Expenses | $2.813M | $1.900M | $6.533M |
YoY Change | 18.39% | 54.47% | 71.53% |
Operating Profit | -$2.811M | -$2.010M | -$6.928M |
YoY Change | 27.92% | 27.22% | 70.51% |
Interest Expense | $10.00K | $10.00K | $30.00K |
YoY Change | -100.5% | -99.45% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$2.800M | -$2.000M | -$6.900M |
YoY Change | 27.85% | -43.98% | -27.75% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.802M | -$2.000M | -$6.900M |
YoY Change | 27.79% | -43.98% | -27.76% |
Net Earnings / Revenue | -564.26% | -400.0% | -384.61% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$2.947M | -$2.857M | -$9.857M |
COMMON SHARES | |||
Basic Shares Outstanding | 9.558M shares | 7.048M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.28M | $7.910M | $7.910M |
YoY Change | 99.03% | -44.06% | -44.06% |
Cash & Equivalents | $12.28M | $7.912M | $7.910M |
Short-Term Investments | |||
Other Short-Term Assets | $290.0K | $100.6K | $270.0K |
YoY Change | 11.54% | 315.2% | 17.39% |
Inventory | $720.0K | $251.3K | $250.0K |
Prepaid Expenses | |||
Receivables | $450.0K | $446.5K | $450.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $13.74M | $8.873M | $8.870M |
YoY Change | 83.18% | -41.39% | -41.41% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $950.0K | $374.4K | $370.0K |
YoY Change | 91.35% | 336.75% | 311.11% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $20.00K | $17.92K | $20.00K |
YoY Change | 11.61% | ||
Total Long-Term Assets | $2.760M | $1.405M | $1.410M |
YoY Change | 79.44% | 102.3% | 101.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.74M | $8.873M | $8.870M |
Total Long-Term Assets | $2.760M | $1.405M | $1.410M |
Total Assets | $16.50M | $10.28M | $10.28M |
YoY Change | 82.54% | -35.09% | -35.1% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $760.0K | $441.6K | $440.0K |
YoY Change | 10.56% | -18.09% | -18.52% |
Accrued Expenses | $1.190M | $773.1K | $770.0K |
YoY Change | 16.98% | 67.63% | 67.39% |
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 | $1.951M | $1.215M | $1.210M |
YoY Change | 14.45% | 21.43% | 21.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $260.0K | ||
YoY Change | |||
Total Long-Term Liabilities | $263.6K | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.951M | $1.215M | $1.210M |
Total Long-Term Liabilities | $263.6K | $0.00 | $0.00 |
Total Liabilities | $2.210M | $1.210M | $1.210M |
YoY Change | 30.03% | 20.96% | 21.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.65M | ||
YoY Change | 41.19% | ||
Common Stock | $7.048K | ||
YoY Change | 1.67% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.657K | ||
YoY Change | 0.0% | ||
Treasury Stock Shares | |||
Shareholders Equity | $14.29M | $9.064M | $9.060M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.50M | $10.28M | $10.28M |
YoY Change | 82.54% | -35.09% | -35.1% |
Cashflow Statement
Concept | 2016 Q1 | 2014 Q4 | 2014 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.802M | -$2.000M | -$6.900M |
YoY Change | 27.79% | -43.98% | -27.76% |
Depreciation, Depletion And Amortization | $87.00K | $30.00K | $67.79K |
YoY Change | 165.22% | 200.0% | 128.17% |
Cash From Operating Activities | -$2.576M | -$1.650M | -$5.470M |
YoY Change | 62.0% | 48.65% | 68.83% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $100.4K | -$170.0K | $342.2K |
YoY Change | -33.23% | 240.0% | 333.55% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$203.5K | -$170.0K | -$760.0K |
YoY Change | -15.21% | 240.0% | 245.45% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $35.54K | 0.000 | 0.000 |
YoY Change | -55.58% | -100.0% | -100.0% |
NET CHANGE | |||
Cash From Operating Activities | -$2.576M | -1.650M | -5.470M |
Cash From Investing Activities | -$203.5K | -170.0K | -760.0K |
Cash From Financing Activities | $35.54K | 0.000 | 0.000 |
Net Change In Cash | -$2.744M | -1.820M | -6.230M |
YoY Change | 56.79% | -113.13% | -151.19% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.576M | -$1.650M | -$5.470M |
Capital Expenditures | $100.4K | -$170.0K | $342.2K |
Free Cash Flow | -$2.676M | -$1.480M | -$5.812M |
YoY Change | 53.78% | 39.62% | 75.12% |
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|
5521390 | USD |
CY2014Q4 | us-gaap |
Grants Receivable Current
GrantsReceivableCurrent
|
132227 | USD |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2846325 | shares |
CY2014 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2932155 | shares |
CY2015Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2015Q4 | ipwr |
Trade Receivables Current
TradeReceivablesCurrent
|
803599 | USD |
CY2015Q4 | us-gaap |
Grants Receivable Current
GrantsReceivableCurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Other Receivables
OtherReceivables
|
84420 | USD |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
15145 | USD |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
24775 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
124498 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
143289 | USD |
CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
527785 | USD |
CY2014Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
148752 | USD |
CY2015Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
4274 | USD |
CY2014Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
40703 | USD |
CY2015Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
676881 | USD |
CY2014Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
263142 | USD |
CY2015Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
362300 | USD |
CY2014Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
48280 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
195497 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
183237 | USD |
CY2015Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
308779 | USD |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
120283 | USD |
CY2015Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
1313269 | USD |
CY2014Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
1040219 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
57852 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
27255 | USD |
CY2015Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
211394 | USD |
CY2014Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
0 | USD |
CY2015Q4 | us-gaap |
Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
|
159941 | USD |
CY2015Q4 | us-gaap |
Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
|
163489 | USD |
CY2015Q4 | us-gaap |
Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
|
68736 | USD |
CY2015Q4 | us-gaap |
Other Commitment
OtherCommitment
|
392166 | USD |
CY2015 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2017-05-31 | |
CY2015 | ipwr |
Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
|
17250144 | USD |
CY2015Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
3082439 | USD |
CY2015 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y9M18D | |
CY2015 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
212397 | USD |
CY2014 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
137559 | USD |
CY2015 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 18.1pt; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Concentration of Credit Risk</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash with a major financial institution located in the United States. Balances are insured by the Federal Deposit Insurance Corporation up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font>. The Company maintains balances in excess of federally insured limits. The Company has not experienced losses in such accounts and believes it is not exposed to significant credit risk regarding its cash and cash equivalents.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company encounters a certain amount of risk as a result of a concentration of revenue from a few significant customers. Credit is extended to customers based on an evaluation of their financial condition. In limited instances, the Company may require an upfront deposit and, in most cases, the Company does charge interest on past due amounts. The Company performs ongoing credit evaluations of its customers and records an allowance for potential bad debts based on available information.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">The Company had revenue from four customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 66</font>% of net revenue for the year ended December 31, 2015, and from a government entity and three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 76</font>% of net revenue for the year ended December 31, 2014. The Company had an accounts receivable balance from three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 66</font>% of trade receivables at December 31, 2015, and three customers that accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 92</font>% of trade receivables at December 31, 2014.</font></div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2015 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Reclassifications</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 15pt; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">Certain items in prior financial statements have been reclassified to conform to current year presentation. These changes did not impact total revenue, loss from operations or net loss.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14834948 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
50004 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
130179 | USD |
CY2014 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4966 | USD |
CY2014 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
944102 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
84900 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
653828 | USD |
CY2015 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1384763 | USD |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9549544 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7048235 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7048235 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9549544 | shares |
CY2015 | ipwr |
Research And Development Expense Including Grants
ResearchAndDevelopmentExpenseIncludingGrants
|
643421 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
888019 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
471296 | USD |
CY2014Q4 | us-gaap |
Inventory Gross
InventoryGross
|
292041 | USD |
CY2015Q4 | us-gaap |
Inventory Gross
InventoryGross
|
652283 | USD |
CY2015Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
168481 | USD |
CY2014Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
158400 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
68000 | USD |
CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
100648 | USD |
CY2015Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
59874 | USD |
CY2014Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
4557 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1234678 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
494659 | USD |
CY2015 | dei |
Entity Incorporation State Country Name
EntityIncorporationStateCountryName
|
Delaware | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1524663 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1040219 | USD |
CY2013Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
113078 | USD |
CY2015 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
235377 | USD |
CY2014 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
76671 | USD |
CY2015 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
20445 | USD |
CY2014 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
46385 | USD |
CY2015 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
7284 | USD |
CY2015Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1136000 | USD |
CY2015 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
0 | USD |
CY2014 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
75000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
13000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
199000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
151000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
|
274000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
|
164000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
8029000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4886000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
18000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
18000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
|
122000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
|
49000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
73000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
44000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
12000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
54000 | USD |
CY2015Q4 | ipwr |
Deferred Tax Liabilities Options And Warrants
DeferredTaxLiabilitiesOptionsAndWarrants
|
46000 | USD |
CY2014Q4 | ipwr |
Deferred Tax Liabilities Options And Warrants
DeferredTaxLiabilitiesOptionsAndWarrants
|
0 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
511000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
191000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
8147000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
|
4804000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
0 | USD |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
-0.34 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
-0.34 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.02 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
|
0.05 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.33 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.29 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2015 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.01 | pure |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0 | pure |
CY2015 | us-gaap |
Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
|
the Company has federal net operating loss carryforwards of approximately $23 million which will begin to expire in 2031 | |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15924405 | USD |
CY2015 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
0 | USD |
CY2015 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
199546 | USD |
CY2015 | us-gaap |
Property Plant And Equipment Depreciation Methods
PropertyPlantAndEquipmentDepreciationMethods
|
straight-line method | |
CY2015 | ipwr |
Licensing Agreements Expiration Date
LicensingAgreementsExpirationDate
|
February 7, 2033 | |
CY2015 | ipwr |
Number Of Warrants Issued To Purchase Common Stock
NumberOfWarrantsIssuedToPurchaseCommonStock
|
265484 | shares |
CY2015 | ipwr |
Value Of Warrants Issued To Purchase Common Stock
ValueOfWarrantsIssuedToPurchaseCommonStock
|
653828 | USD |
CY2015Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
58000000 | USD |
CY2015 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1325739 | USD |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q4 | ipwr |
Shares Authorized Value
SharesAuthorizedValue
|
75000000 | USD |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
24775 | USD |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
15145 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
548000 | USD |
CY2014Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
330000 | USD |