2016 Q1 Form 10-K Financial Statement

#000119312516505181 Filed on March 15, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 2014 Q4
Revenue $0.00 $250.0K $16.00K
YoY Change 9.17% -23.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.550M $21.60M $5.920M
YoY Change 2.78% 35.85% 138.71%
% of Gross Profit
Research & Development $21.80M $97.74M $20.04M
YoY Change 5.03% 62.56% 106.81%
% of Gross Profit
Depreciation & Amortization $180.0K $630.0K $130.0K
YoY Change 28.57% 96.88% 333.33%
% of Gross Profit
Operating Expenses $27.35M $119.3M $25.96M
YoY Change 4.59% 56.85% 113.31%
Operating Profit -$27.35M -$119.1M -$25.94M
YoY Change 4.59% 57.0% 113.55%
Interest Expense $290.0K $900.0K $40.00K
YoY Change 107.14% 89900.0%
% of Operating Profit
Other Income/Expense, Net $290.0K $895.0K $14.00K
YoY Change 249.4% 1197.1% 600.0%
Pretax Income -$27.06M -$118.2M -$25.93M
YoY Change 3.79% 55.96% 113.42%
Income Tax -$118.1M
% Of Pretax Income
Net Earnings -$27.06M -$118.2M -$25.93M
YoY Change 3.81% 55.96% 113.4%
Net Earnings / Revenue -47272.4% -162050.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$754.2K -$3.320M -$793.2K
COMMON SHARES
Basic Shares Outstanding 35.88M shares 32.70M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $136.4M $175.6M $205.7M
YoY Change -44.64% -14.63% 31.86%
Cash & Equivalents $42.19M $58.40M $150.6M
Short-Term Investments $94.20M $117.3M $55.10M
Other Short-Term Assets $1.700M $2.000M $2.000M
YoY Change -41.38% 0.0% 0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $138.1M $177.6M $207.8M
YoY Change -44.59% -14.53% 31.52%
LONG-TERM ASSETS
Property, Plant & Equipment $3.343M $3.500M $2.754M
YoY Change 1.86% 25.0% 1047.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $50.20M $33.90M $8.700M
YoY Change 30.39% 289.66%
Other Assets $500.0K $500.0K $774.0K
YoY Change 0.0% -58.33% 2480.0%
Total Long-Term Assets $53.99M $37.80M $12.59M
YoY Change 26.39% 202.4% 4561.48%
TOTAL ASSETS
Total Short-Term Assets $138.1M $177.6M $207.8M
Total Long-Term Assets $53.99M $37.80M $12.59M
Total Assets $192.1M $215.4M $220.3M
YoY Change -34.21% -2.22% 39.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.109M $3.800M $6.288M
YoY Change -40.94% -39.68% 261.38%
Accrued Expenses $8.652M $11.00M $5.825M
YoY Change 16.65% 89.66% 398.72%
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 $13.22M $15.10M $12.30M
YoY Change -10.07% 22.76% 273.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.900M $1.900M $1.200M
YoY Change 5.56% 58.33%
Total Long-Term Liabilities $1.900M $1.900M $1.200M
YoY Change 5.56% 58.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.22M $15.10M $12.30M
Total Long-Term Liabilities $1.900M $1.900M $1.200M
Total Liabilities $15.10M $17.10M $13.54M
YoY Change -8.57% 26.67% 311.39%
SHAREHOLDERS EQUITY
Retained Earnings -$283.6M -$138.3M
YoY Change 72.48% 121.11%
Common Stock $460.5M $345.2M
YoY Change 4.68% 11505533.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $177.0M $198.4M $206.8M
YoY Change
Total Liabilities & Shareholders Equity $192.1M $215.4M $220.3M
YoY Change -34.21% -2.22% 39.25%

Cashflow Statement

Concept 2016 Q1 2015 2014 Q4
OPERATING ACTIVITIES
Net Income -$27.06M -$118.2M -$25.93M
YoY Change 3.81% 55.96% 113.4%
Depreciation, Depletion And Amortization $180.0K $630.0K $130.0K
YoY Change 28.57% 96.88% 333.33%
Cash From Operating Activities -$23.17M -$94.03M -$12.77M
YoY Change 14.53% 82.76% 26.69%
INVESTING ACTIVITIES
Capital Expenditures $39.00K $1.416M -$90.00K
YoY Change -78.09% -50.04% 200.0%
Acquisitions
YoY Change
Other Investing Activities $6.790M -$89.41M -$63.80M
YoY Change -104.0% 39.27%
Cash From Investing Activities $6.750M -$90.82M -$63.89M
YoY Change -103.97% 35.49% 212866.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 200.0K 92.70M 150.0K
YoY Change -99.78% -18.05% -99.87%
NET CHANGE
Cash From Operating Activities -23.17M -94.03M -12.77M
Cash From Investing Activities 6.750M -90.82M -63.89M
Cash From Financing Activities 200.0K 92.70M 150.0K
Net Change In Cash -16.22M -92.15M -76.51M
YoY Change -83.64% 1619.22% -174.25%
FREE CASH FLOW
Cash From Operating Activities -$23.17M -$94.03M -$12.77M
Capital Expenditures $39.00K $1.416M -$90.00K
Free Cash Flow -$23.21M -$95.45M -$12.68M
YoY Change 13.73% 75.83% 26.17%

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