2016 Form 10-K Financial Statement
#000121390017005790 Filed on May 24, 2017
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $5.240M |
| YoY Change | 329.51% |
| Cost Of Revenue | $1.950M |
| YoY Change | 680.0% |
| Gross Profit | $3.290M |
| YoY Change | 239.18% |
| Gross Profit Margin | 62.79% |
| Selling, General & Admin | $4.470M |
| YoY Change | 269.42% |
| % of Gross Profit | 135.87% |
| Research & Development | $0.00 |
| YoY Change | -100.0% |
| % of Gross Profit | 0.0% |
| Depreciation & Amortization | $0.00 |
| YoY Change | -100.0% |
| % of Gross Profit | 0.0% |
| Operating Expenses | $4.460M |
| YoY Change | 262.6% |
| Operating Profit | -$1.170M |
| YoY Change | 350.0% |
| Interest Expense | -$50.00K |
| YoY Change | -155.56% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$1.220M |
| YoY Change | 617.65% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$1.110M |
| YoY Change | 1750.0% |
| Net Earnings / Revenue | -21.18% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$165.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 33.48M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $180.0K |
| YoY Change | -21.74% |
| Cash & Equivalents | |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | $160.0K |
| Prepaid Expenses | |
| Receivables | $440.0K |
| Other Receivables | $10.00K |
| Total Short-Term Assets | $790.0K |
| YoY Change | 75.56% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $0.00 |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | $790.0K |
| Total Long-Term Assets | $0.00 |
| Total Assets | $790.0K |
| YoY Change | 75.56% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $750.0K |
| YoY Change | 341.18% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $210.0K |
| YoY Change | 110.0% |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $1.150M |
| YoY Change | 325.93% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.150M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $1.140M |
| YoY Change | 225.71% |
| 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 | -$360.0K |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $790.0K |
| YoY Change | 75.56% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.110M |
| YoY Change | 1750.0% |
| Depreciation, Depletion And Amortization | $0.00 |
| YoY Change | -100.0% |
| Cash From Operating Activities | -$410.0K |
| YoY Change | 36.67% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | |
| YoY Change | |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 360.0K |
| YoY Change | 9.09% |
| NET CHANGE | |
| Cash From Operating Activities | -410.0K |
| Cash From Investing Activities | |
| Cash From Financing Activities | 360.0K |
| Net Change In Cash | -50.00K |
| YoY Change | -131.25% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$410.0K |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33478229 | shares |
