2014 Form 10-K Financial Statement
#000110465915016689 Filed on March 04, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $26.31M |
| YoY Change | -5.21% |
| Cost Of Revenue | $14.52M |
| YoY Change | -3.26% |
| Gross Profit | $11.78M |
| YoY Change | -7.58% |
| Gross Profit Margin | 44.77% |
| Selling, General & Admin | $11.32M |
| YoY Change | 9.38% |
| % of Gross Profit | 96.1% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.180M |
| YoY Change | 11.53% |
| % of Gross Profit | 10.02% |
| Operating Expenses | $11.32M |
| YoY Change | 9.38% |
| Operating Profit | $460.0K |
| YoY Change | -80.81% |
| Interest Expense | |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | $40.00K |
| YoY Change | 42.86% |
| Pretax Income | $510.0K |
| YoY Change | -78.97% |
| Income Tax | $300.0K |
| % Of Pretax Income | 58.82% |
| Net Earnings | $210.0K |
| YoY Change | -84.77% |
| Net Earnings / Revenue | 0.8% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $114.1K |
| COMMON SHARES | |
| Basic Shares Outstanding | 12.64M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $16.94M |
| YoY Change | -22.15% |
| Cash & Equivalents | $7.240M |
| Short-Term Investments | $9.700M |
| Other Short-Term Assets | $720.0K |
| YoY Change | 46.94% |
| Inventory | $520.0K |
| Prepaid Expenses | |
| Receivables | $7.490M |
| Other Receivables | $290.0K |
| Total Short-Term Assets | $25.95M |
| YoY Change | -3.39% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.470M |
| YoY Change | -16.0% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $3.060M |
| YoY Change | 3.38% |
| Total Long-Term Assets | $4.530M |
| YoY Change | -3.82% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $25.95M |
| Total Long-Term Assets | $4.530M |
| Total Assets | $30.48M |
| YoY Change | -3.45% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $3.090M |
| YoY Change | 17.05% |
| Accrued Expenses | $1.920M |
| YoY Change | 10.34% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $5.260M |
| YoY Change | 12.88% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $490.0K |
| YoY Change | 6.52% |
| Total Long-Term Liabilities | $490.0K |
| YoY Change | 6.52% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $5.260M |
| Total Long-Term Liabilities | $490.0K |
| Total Liabilities | $5.920M |
| YoY Change | 9.63% |
| 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 | $24.56M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $30.48M |
| YoY Change | -3.45% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $210.0K |
| YoY Change | -84.77% |
| Depreciation, Depletion And Amortization | $1.180M |
| YoY Change | 11.53% |
| Cash From Operating Activities | -$1.650M |
| YoY Change | -141.46% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$430.0K |
| YoY Change | -262.26% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$10.24M |
| YoY Change | -51300.0% |
| Cash From Investing Activities | -$10.66M |
| YoY Change | 4164.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -2.210M |
| YoY Change | -1.34% |
| NET CHANGE | |
| Cash From Operating Activities | -1.650M |
| Cash From Investing Activities | -10.66M |
| Cash From Financing Activities | -2.210M |
| Net Change In Cash | -14.52M |
| YoY Change | -1074.5% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$1.650M |
| Capital Expenditures | -$430.0K |
| Free Cash Flow | -$1.220M |
| YoY Change | -132.84% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12635000 |
