2015 Form 10-K Financial Statement
#000110465916104068 Filed on March 10, 2016
Income Statement
| Concept | 2015 |
|---|---|
| Revenue | $31.59M |
| YoY Change | 101.85% |
| Cost Of Revenue | $5.840M |
| YoY Change | 71.76% |
| Gross Profit | $25.75M |
| YoY Change | 110.2% |
| Gross Profit Margin | 81.51% |
| Selling, General & Admin | $12.48M |
| YoY Change | 53.88% |
| % of Gross Profit | 48.47% |
| Research & Development | $1.760M |
| YoY Change | 64.49% |
| % of Gross Profit | 6.83% |
| Depreciation & Amortization | $810.0K |
| YoY Change | 440.0% |
| % of Gross Profit | 3.15% |
| Operating Expenses | $14.24M |
| YoY Change | 54.95% |
| Operating Profit | $11.51M |
| YoY Change | 276.14% |
| Interest Expense | -$20.00K |
| YoY Change | -66.67% |
| % of Operating Profit | -0.17% |
| Other Income/Expense, Net | $150.0K |
| YoY Change | 1400.0% |
| Pretax Income | $11.63M |
| YoY Change | 285.1% |
| Income Tax | $4.100M |
| % Of Pretax Income | 35.25% |
| Net Earnings | $7.530M |
| YoY Change | 267.32% |
| Net Earnings / Revenue | 23.84% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $599.5K |
| COMMON SHARES | |
| Basic Shares Outstanding | 11.00M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $26.97M |
| YoY Change | 55.27% |
| Cash & Equivalents | $19.37M |
| Short-Term Investments | $7.600M |
| Other Short-Term Assets | $460.0K |
| YoY Change | 15.0% |
| Inventory | $2.380M |
| Prepaid Expenses | |
| Receivables | $3.860M |
| Other Receivables | $280.0K |
| Total Short-Term Assets | $33.95M |
| YoY Change | 53.13% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $910.0K |
| YoY Change | 15.19% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $190.0K |
| YoY Change | 90.0% |
| Total Long-Term Assets | $1.290M |
| YoY Change | 13.16% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $33.95M |
| Total Long-Term Assets | $1.290M |
| Total Assets | $35.24M |
| YoY Change | 51.18% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.010M |
| YoY Change | 60.32% |
| Accrued Expenses | $1.320M |
| YoY Change | 0.76% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $2.890M |
| YoY Change | 26.75% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $420.0K |
| YoY Change | 200.0% |
| Total Long-Term Liabilities | $420.0K |
| YoY Change | 200.0% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.890M |
| Total Long-Term Liabilities | $420.0K |
| Total Liabilities | $3.310M |
| YoY Change | 36.78% |
| 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 | $31.93M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $35.24M |
| YoY Change | 51.18% |
Cashflow Statement
| Concept | 2015 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $7.530M |
| YoY Change | 267.32% |
| Depreciation, Depletion And Amortization | $810.0K |
| YoY Change | 440.0% |
| Cash From Operating Activities | $7.650M |
| YoY Change | 195.37% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$310.0K |
| YoY Change | -49.18% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $250.0K |
| YoY Change | -103.25% |
| Cash From Investing Activities | -$60.00K |
| YoY Change | -99.28% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.330M |
| YoY Change | -81.67% |
| NET CHANGE | |
| Cash From Operating Activities | 7.650M |
| Cash From Investing Activities | -60.00K |
| Cash From Financing Activities | 2.330M |
| Net Change In Cash | 9.920M |
| YoY Change | 41.71% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $7.650M |
| Capital Expenditures | -$310.0K |
| Free Cash Flow | $7.960M |
| YoY Change | 148.75% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11003272 |
