2012 Q3 Form 10-K Financial Statement
#000114420413001064 Filed on January 07, 2013
Income Statement
| Concept | 2012 Q3 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| Revenue | -$19.61M | $22.09M | $23.35M |
| YoY Change | -173.2% | -2.77% | -11.65% |
| Cost Of Revenue | -$19.23M | $19.85M | $20.94M |
| YoY Change | -178.3% | -2.5% | -12.13% |
| Gross Profit | -$380.0K | $2.240M | $2.410M |
| YoY Change | -117.04% | -5.08% | -7.31% |
| Gross Profit Margin | 10.14% | 10.32% | |
| Selling, General & Admin | -$790.0K | $2.550M | $2.480M |
| YoY Change | -134.05% | 5.37% | 2.06% |
| % of Gross Profit | 113.84% | 102.9% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | -$260.0K | $100.0K | $80.00K |
| YoY Change | -360.0% | 25.0% | 0.0% |
| % of Gross Profit | 4.46% | 3.32% | |
| Operating Expenses | -$1.050M | $2.660M | $2.560M |
| YoY Change | -143.39% | 6.4% | 1.99% |
| Operating Profit | $670.0K | -$420.0K | -$150.0K |
| YoY Change | -452.63% | 200.0% | -266.67% |
| Interest Expense | $30.00K | -$40.00K | -$40.00K |
| YoY Change | -200.0% | 100.0% | -20.0% |
| % of Operating Profit | 4.48% | ||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $690.0K | -$460.0K | -$190.0K |
| YoY Change | -428.57% | 170.59% | -480.0% |
| Income Tax | $1.790M | -$260.0K | -$170.0K |
| % Of Pretax Income | 259.42% | ||
| Net Earnings | -$1.820M | -$400.0K | -$250.0K |
| YoY Change | 550.0% | 185.71% | -2600.0% |
| Net Earnings / Revenue | -1.81% | -1.07% | |
| Basic Earnings Per Share | -$0.08 | -$0.02 | -$0.01 |
| Diluted Earnings Per Share | -$0.08 | -$0.02 | -$0.01 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 Q3 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $840.0K | $300.0K | $550.0K |
| YoY Change | 58.49% | -62.5% | -57.03% |
| Cash & Equivalents | $773.9K | $240.0K | $490.0K |
| Short-Term Investments | $70.00K | $70.00K | $60.00K |
| Other Short-Term Assets | $3.590M | $130.0K | $90.00K |
| YoY Change | 378.67% | -13.33% | -35.71% |
| Inventory | $770.0K | $710.0K | |
| Prepaid Expenses | |||
| Receivables | $4.578M | $5.710M | $6.140M |
| Other Receivables | $0.00 | $190.0K | $240.0K |
| Total Short-Term Assets | $9.004M | $7.110M | $7.730M |
| YoY Change | 22.0% | 12.15% | 7.66% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $38.20K | $540.0K | $480.0K |
| YoY Change | -91.7% | 350.0% | 336.36% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $60.00K | $1.600M | $1.480M |
| YoY Change | -95.31% | 40.35% | 38.32% |
| Total Long-Term Assets | $95.25K | $5.280M | $5.160M |
| YoY Change | -98.1% | 13.06% | 10.73% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $9.004M | $7.110M | $7.730M |
| Total Long-Term Assets | $95.25K | $5.280M | $5.160M |
| Total Assets | $9.099M | $12.39M | $12.89M |
| YoY Change | -26.56% | 12.53% | 8.87% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $3.920M | $5.070M | $5.090M |
| YoY Change | -13.66% | 55.05% | 35.73% |
| Accrued Expenses | $310.0K | $370.0K | $450.0K |
| YoY Change | -26.19% | 32.14% | 4.65% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $1.600M | $1.400M | $1.400M |
| YoY Change | 52.38% | 47.37% | 47.37% |
| Long-Term Debt Due | $350.0K | $340.0K | |
| YoY Change | -33.96% | -39.29% | |
| Total Short-Term Liabilities | $7.028M | $7.190M | $7.280M |
| YoY Change | 5.36% | 42.94% | 28.17% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $1.090M | $1.110M |
| YoY Change | -100.0% | 29.76% | 32.14% |
| Other Long-Term Liabilities | $80.00K | $80.00K | $80.00K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Total Long-Term Liabilities | $78.57K | $1.170M | $1.190M |
| YoY Change | -93.51% | 27.17% | 29.35% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $7.028M | $7.190M | $7.280M |
| Total Long-Term Liabilities | $78.57K | $1.170M | $1.190M |
| Total Liabilities | $7.106M | $8.350M | $8.470M |
| YoY Change | -9.71% | 40.57% | 28.33% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | $150.0K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.993M | $4.030M | $4.430M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $9.099M | $12.39M | $12.89M |
| YoY Change | -26.56% | 12.53% | 8.87% |
Cashflow Statement
| Concept | 2012 Q3 | 2012 Q1 | 2011 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.820M | -$400.0K | -$250.0K |
| YoY Change | 550.0% | 185.71% | -2600.0% |
| Depreciation, Depletion And Amortization | -$260.0K | $100.0K | $80.00K |
| YoY Change | -360.0% | 25.0% | 0.0% |
| Cash From Operating Activities | $510.0K | -$180.0K | -$450.0K |
| YoY Change | -1800.0% | -50.0% | -228.57% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $100.0K | -$100.0K | -$30.00K |
| YoY Change | -190.91% | 150.0% | 200.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cash From Investing Activities | $100.0K | -$100.0K | -$30.00K |
| YoY Change | -190.91% | 150.0% | 200.0% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -10.00K | 30.00K | 460.0K |
| YoY Change | -125.0% | -137.5% | -195.83% |
| NET CHANGE | |||
| Cash From Operating Activities | 510.0K | -180.0K | -450.0K |
| Cash From Investing Activities | 100.0K | -100.0K | -30.00K |
| Cash From Financing Activities | -10.00K | 30.00K | 460.0K |
| Net Change In Cash | 600.0K | -250.0K | -20.00K |
| YoY Change | -700.0% | -47.92% | -85.71% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $510.0K | -$180.0K | -$450.0K |
| Capital Expenditures | $100.0K | -$100.0K | -$30.00K |
| Free Cash Flow | $410.0K | -$80.00K | -$420.0K |
| YoY Change | 412.5% | -75.0% | -216.67% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.001 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.001 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | |
| CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 |
