2014 Form 10-K Financial Statement
#000110465915021769 Filed on March 23, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $15.65M |
| YoY Change | 38.01% |
| Cost Of Revenue | $3.400M |
| YoY Change | 19.3% |
| Gross Profit | $12.25M |
| YoY Change | 44.29% |
| Gross Profit Margin | 78.27% |
| Selling, General & Admin | $8.110M |
| YoY Change | 72.92% |
| % of Gross Profit | 66.2% |
| Research & Development | $1.070M |
| YoY Change | 5.94% |
| % of Gross Profit | 8.73% |
| Depreciation & Amortization | $150.0K |
| YoY Change | 7.14% |
| % of Gross Profit | 1.22% |
| Operating Expenses | $9.190M |
| YoY Change | 61.23% |
| Operating Profit | $3.060M |
| YoY Change | 9.68% |
| Interest Expense | -$60.00K |
| YoY Change | 200.0% |
| % of Operating Profit | -1.96% |
| Other Income/Expense, Net | $10.00K |
| YoY Change | -50.0% |
| Pretax Income | $3.020M |
| YoY Change | 8.63% |
| Income Tax | $970.0K |
| % Of Pretax Income | 32.12% |
| Net Earnings | $2.050M |
| YoY Change | 5.67% |
| Net Earnings / Revenue | 13.1% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $200.6K |
| COMMON SHARES | |
| Basic Shares Outstanding | 8.743M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $17.37M |
| YoY Change | 540.96% |
| Cash & Equivalents | $9.450M |
| Short-Term Investments | $7.910M |
| Other Short-Term Assets | $400.0K |
| YoY Change | 110.53% |
| Inventory | $2.130M |
| Prepaid Expenses | |
| Receivables | $1.960M |
| Other Receivables | $320.0K |
| Total Short-Term Assets | $22.17M |
| YoY Change | 246.95% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $790.0K |
| YoY Change | 139.39% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $100.0K |
| YoY Change | 900.0% |
| Total Long-Term Assets | $1.140M |
| YoY Change | 90.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $22.17M |
| Total Long-Term Assets | $1.140M |
| Total Assets | $23.31M |
| YoY Change | 233.48% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $630.0K |
| YoY Change | 46.51% |
| Accrued Expenses | $1.310M |
| YoY Change | 77.03% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $2.280M |
| YoY Change | 57.24% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $140.0K |
| YoY Change | 133.33% |
| Total Long-Term Liabilities | $140.0K |
| YoY Change | 133.33% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.280M |
| Total Long-Term Liabilities | $140.0K |
| Total Liabilities | $2.420M |
| YoY Change | 55.13% |
| 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 | $20.89M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $23.31M |
| YoY Change | 233.48% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $2.050M |
| YoY Change | 5.67% |
| Depreciation, Depletion And Amortization | $150.0K |
| YoY Change | 7.14% |
| Cash From Operating Activities | $2.590M |
| YoY Change | 76.19% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$610.0K |
| YoY Change | 221.05% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$7.700M |
| YoY Change | |
| Cash From Investing Activities | -$8.300M |
| YoY Change | 4050.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 12.71M |
| YoY Change | -2592.16% |
| NET CHANGE | |
| Cash From Operating Activities | 2.590M |
| Cash From Investing Activities | -8.300M |
| Cash From Financing Activities | 12.71M |
| Net Change In Cash | 7.000M |
| YoY Change | 821.05% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $2.590M |
| Capital Expenditures | -$610.0K |
| Free Cash Flow | $3.200M |
| YoY Change | 92.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8743461 |
