2016 Form 10-K Financial Statement
#000110465916162610 Filed on December 16, 2016
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $27.97M |
| YoY Change | 39.36% |
| Cost Of Revenue | $11.48M |
| YoY Change | -12.63% |
| Gross Profit | $16.49M |
| YoY Change | 137.95% |
| Gross Profit Margin | 58.96% |
| Selling, General & Admin | $9.170M |
| YoY Change | 16.82% |
| % of Gross Profit | 55.61% |
| Research & Development | $4.870M |
| YoY Change | 79.7% |
| % of Gross Profit | 29.53% |
| Depreciation & Amortization | $490.0K |
| YoY Change | -14.04% |
| % of Gross Profit | 2.97% |
| Operating Expenses | $14.05M |
| YoY Change | 33.18% |
| Operating Profit | $2.440M |
| YoY Change | -167.4% |
| Interest Expense | $30.00K |
| YoY Change | 50.0% |
| % of Operating Profit | 1.23% |
| Other Income/Expense, Net | $80.00K |
| YoY Change | 166.67% |
| Pretax Income | $2.560M |
| YoY Change | -171.91% |
| Income Tax | $570.0K |
| % Of Pretax Income | 22.27% |
| Net Earnings | $1.990M |
| YoY Change | -133.9% |
| Net Earnings / Revenue | 7.11% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $116.8K |
| COMMON SHARES | |
| Basic Shares Outstanding | 16.93M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $18.80M |
| YoY Change | 15.34% |
| Cash & Equivalents | $18.80M |
| Short-Term Investments | |
| Other Short-Term Assets | $800.0K |
| YoY Change | 0.0% |
| Inventory | $3.600M |
| Prepaid Expenses | |
| Receivables | $6.100M |
| Other Receivables | $100.0K |
| Total Short-Term Assets | $29.40M |
| YoY Change | 3.52% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $7.000M |
| YoY Change | -1.41% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $100.0K |
| YoY Change | -80.0% |
| Total Long-Term Assets | $7.100M |
| YoY Change | -7.79% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $29.40M |
| Total Long-Term Assets | $7.100M |
| Total Assets | $36.50M |
| YoY Change | 1.11% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.500M |
| YoY Change | 7.14% |
| Accrued Expenses | $1.900M |
| YoY Change | -26.92% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $3.600M |
| YoY Change | -25.0% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $0.00 |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.600M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $3.600M |
| YoY Change | -25.0% |
| 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 | $32.80M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $36.50M |
| YoY Change | 1.11% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $1.990M |
| YoY Change | -133.9% |
| Depreciation, Depletion And Amortization | $490.0K |
| YoY Change | -14.04% |
| Cash From Operating Activities | $3.560M |
| YoY Change | 154.29% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$350.0K |
| YoY Change | 84.21% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | -100.0% |
| Cash From Investing Activities | -$350.0K |
| YoY Change | 191.67% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -720.0K |
| YoY Change | 227.27% |
| NET CHANGE | |
| Cash From Operating Activities | 3.560M |
| Cash From Investing Activities | -350.0K |
| Cash From Financing Activities | -720.0K |
| Net Change In Cash | 2.490M |
| YoY Change | 134.91% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $3.560M |
| Capital Expenditures | -$350.0K |
| Free Cash Flow | $3.910M |
| YoY Change | 145.91% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16927055 |
