2017 Form 10-K Financial Statement
#000149315219003335 Filed on March 14, 2019
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $3.458M |
| YoY Change | -41.62% |
| Cost Of Revenue | $168.0K |
| YoY Change | -53.07% |
| Gross Profit | $3.290M |
| YoY Change | -40.88% |
| Gross Profit Margin | 95.14% |
| Selling, General & Admin | $19.92M |
| YoY Change | -29.92% |
| % of Gross Profit | 605.53% |
| Research & Development | $24.02M |
| YoY Change | -33.46% |
| % of Gross Profit | 730.21% |
| Depreciation & Amortization | $3.296M |
| YoY Change | -30.71% |
| % of Gross Profit | 100.18% |
| Operating Expenses | $43.95M |
| YoY Change | -31.9% |
| Operating Profit | -$40.66M |
| YoY Change | -31.05% |
| Interest Expense | -$54.73M |
| YoY Change | -289.11% |
| % of Operating Profit | |
| Other Income/Expense, Net | $1.449M |
| YoY Change | -459.55% |
| Pretax Income | -$23.29M |
| YoY Change | -225.07% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$19.98M |
| YoY Change | -159.5% |
| Net Earnings / Revenue | -577.67% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$174.5K |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $38.18M |
| YoY Change | 68.06% |
| Cash & Equivalents | $36.84M |
| Short-Term Investments | $1.337M |
| Other Short-Term Assets | $1.402M |
| YoY Change | -21.1% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $139.0K |
| Other Receivables | $2.907M |
| Total Short-Term Assets | $42.62M |
| YoY Change | 66.18% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $5.533M |
| YoY Change | 0.07% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $117.2M |
| YoY Change | 17.12% |
| Other Assets | $1.018M |
| YoY Change | -11.4% |
| Total Long-Term Assets | $130.6M |
| YoY Change | 11.71% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $42.62M |
| Total Long-Term Assets | $130.6M |
| Total Assets | $173.2M |
| YoY Change | 21.51% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $938.0K |
| YoY Change | -41.12% |
| Accrued Expenses | $4.855M |
| YoY Change | -8.71% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Long-Term Debt Due | $152.0K |
| YoY Change | 53.54% |
| Total Short-Term Liabilities | $6.879M |
| YoY Change | -22.27% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.169M |
| YoY Change | -58.95% |
| Other Long-Term Liabilities | $930.0K |
| YoY Change | 154.1% |
| Total Long-Term Liabilities | $2.099M |
| YoY Change | -34.69% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $6.879M |
| Total Long-Term Liabilities | $2.099M |
| Total Liabilities | $10.60M |
| YoY Change | -56.99% |
| 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 | $162.6M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $173.2M |
| YoY Change | 21.51% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$19.98M |
| YoY Change | -159.5% |
| Depreciation, Depletion And Amortization | $3.296M |
| YoY Change | -30.71% |
| Cash From Operating Activities | -$30.52M |
| YoY Change | -27.9% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.326M |
| YoY Change | -47.51% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$8.899M |
| YoY Change | 6.41% |
| Cash From Investing Activities | -$10.23M |
| YoY Change | -6.1% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 55.39M |
| YoY Change | 68.97% |
| NET CHANGE | |
| Cash From Operating Activities | -30.52M |
| Cash From Investing Activities | -10.23M |
| Cash From Financing Activities | 55.39M |
| Net Change In Cash | 14.65M |
| YoY Change | -171.69% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$30.52M |
| Capital Expenditures | -$1.326M |
| Free Cash Flow | -$29.19M |
| YoY Change | -26.66% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3458000 | USD |
| CY2018Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
1268000 | USD |
| CY2018Q4 | us-gaap |
Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
|
5835000 | USD |
| CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
19020000 | USD |
| CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
15895000 | USD |
| CY2018Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2359000 | USD |
| CY2018Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1639000 | USD |
| CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2456000 | USD |
| CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
9000 | USD |
| CY2018Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
5835000 | USD |
| CY2017 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3458000 | USD |
