2013 Q2 Form 10-Q Financial Statement

#000144530513001238 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $51.51M $50.37M $36.21M
YoY Change 15.49% 39.1% 262.85%
Cost Of Revenue $7.290M $7.330M $4.989M
YoY Change 13.37% 46.92% 215.76%
Gross Profit $44.22M $43.50M $31.22M
YoY Change 15.83% 39.32% 272.15%
Gross Profit Margin 85.85% 86.36% 86.22%
Selling, General & Admin $42.66M $38.21M $24.29M
YoY Change 41.21% 57.31% 226.94%
% of Gross Profit 96.47% 87.85% 77.8%
Research & Development $840.0K $848.0K $378.0K
YoY Change 95.35% 124.34% 215.0%
% of Gross Profit 1.9% 1.95% 1.21%
Depreciation & Amortization $480.0K $499.0K $146.0K
YoY Change 140.0% 241.78% 143.33%
% of Gross Profit 1.09% 1.15% 0.47%
Operating Expenses $43.98M $39.56M $24.82M
YoY Change 42.61% 59.42% 226.53%
Operating Profit $242.0K $3.940M $6.407M
YoY Change -96.7% -38.5% 711.01%
Interest Expense -$840.0K -$270.0K -$10.67M
YoY Change 1580.0% -97.47% 1.04%
% of Operating Profit -347.11% -6.85% -166.54%
Other Income/Expense, Net $350.0K $122.0K -$10.67M
YoY Change -101.14%
Pretax Income -$250.0K $4.062M -$4.259M
YoY Change -103.43% -195.37% -56.41%
Income Tax -$60.00K $646.0K $587.0K
% Of Pretax Income 15.9%
Net Earnings -$182.0K $3.416M -$4.846M
YoY Change -103.77% -170.49% -50.4%
Net Earnings / Revenue -0.35% 6.78% -13.38%
Basic Earnings Per Share $0.00 $0.03 -$0.05
Diluted Earnings Per Share $0.00 $0.03 -$0.05
COMMON SHARES
Basic Shares Outstanding 113.5M shares 112.8M shares 103.0M shares
Diluted Shares Outstanding 125.0M shares 103.0M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.30M $27.24M $16.90M
YoY Change 6.69% 61.18% 286.73%
Cash & Equivalents $26.30M $27.24M $16.90M
Short-Term Investments $0.00
Other Short-Term Assets $5.180M $7.230M $4.190M
YoY Change 108.03% 72.55% 544.62%
Inventory $10.52M $8.025M $6.980M
Prepaid Expenses
Receivables $1.789M $1.381M $820.0K
Other Receivables $2.150M $0.00 $0.00
Total Short-Term Assets $45.94M $43.87M $28.88M
YoY Change 18.32% 51.92% 295.62%
LONG-TERM ASSETS
Property, Plant & Equipment $5.692M $5.926M $1.770M
YoY Change 185.03% 234.8% 785.0%
Goodwill
YoY Change
Intangibles $1.747M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.374M $2.900M $820.0K
YoY Change -24.51% 253.66% 2633.33%
Total Long-Term Assets $9.543M $10.61M $4.500M
YoY Change 67.42% 135.67% 98.24%
TOTAL ASSETS
Total Short-Term Assets $45.94M $43.87M $28.88M
Total Long-Term Assets $9.543M $10.61M $4.500M
Total Assets $55.48M $54.48M $33.38M
YoY Change 24.6% 63.21% 248.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.171M $4.608M $0.00
YoY Change 43.04% -100.0%
Accrued Expenses $14.62M $12.85M $9.910M
YoY Change 34.75% 29.67% 231.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $20.57M $18.58M $10.77M
YoY Change 28.31% 72.52% -15.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $973.0K $1.042M $80.00K
YoY Change 348.39% 1202.5% -99.2%
Total Long-Term Liabilities $973.0K $1.042M $80.00K
YoY Change 348.39% 1202.5% -99.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.57M $18.58M $10.77M
Total Long-Term Liabilities $973.0K $1.042M $80.00K
Total Liabilities $21.54M $19.62M $10.85M
YoY Change 32.59% 80.85% -52.29%
SHAREHOLDERS EQUITY
Retained Earnings -$76.48M -$74.06M
YoY Change -0.63%
Common Stock $110.5M $109.0M
YoY Change 5.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $33.95M $34.86M $22.53M
YoY Change
Total Liabilities & Shareholders Equity $55.48M $54.48M $33.38M
YoY Change 24.6% 63.21% 248.8%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$182.0K $3.416M -$4.846M
YoY Change -103.77% -170.49% -50.4%
Depreciation, Depletion And Amortization $480.0K $499.0K $146.0K
YoY Change 140.0% 241.78% 143.33%
Cash From Operating Activities $590.0K $3.710M $3.630M
YoY Change -92.36% 2.2% 170.9%
INVESTING ACTIVITIES
Capital Expenditures -$450.0K -$760.0K -$740.0K
YoY Change -2.17% 2.7% 2366.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$450.0K -$760.0K -$740.0K
YoY Change -2.17% 2.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.190M -4.090M 640.0K
YoY Change -358.7% -739.06% 1180.0%
NET CHANGE
Cash From Operating Activities 590.0K 3.710M 3.630M
Cash From Investing Activities -450.0K -760.0K -740.0K
Cash From Financing Activities -1.190M -4.090M 640.0K
Net Change In Cash -1.050M -1.140M 3.530M
YoY Change -113.6% -132.29% 153.96%
FREE CASH FLOW
Cash From Operating Activities $590.0K $3.710M $3.630M
Capital Expenditures -$450.0K -$760.0K -$740.0K
Free Cash Flow $1.040M $4.470M $4.370M
YoY Change -87.29% 2.29% 218.98%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;padding-bottom:10px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In December 2012 the Company initiated a voluntary recall of specific lots of Protandim</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#174;</sup></font><font style="font-family:inherit;font-size:10pt;">.&#160; On December 31, 2012, the Company recorded </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$5.9 million</font><font style="font-family:inherit;font-size:10pt;"> in costs related to the recall. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;"> the Company has recorded a total net expense of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$5.6 million</font><font style="font-family:inherit;font-size:10pt;">. The costs recorded for the recall include initial cost recoveries from insurance of approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$511,000</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10067000 USD
us-gaap Net Income Loss
NetIncomeLoss
7637000 USD
us-gaap Net Income Loss
NetIncomeLoss
7790000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
3416000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-4846000 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
376000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
122000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-426000 USD
CY2012Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10666000 USD
us-gaap Operating Expenses
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55836000 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Expenses
OperatingExpenses
115488000 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
39561000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
11825000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6407000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
14118000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3940000 USD
CY2012Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2932000 USD
CY2013Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5552000 USD
CY2013Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1042000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
217000 USD
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
122000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
976000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4893000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
49000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1744000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4625000 USD
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-434000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
350000 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
0 USD
us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
4155000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5926000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1997000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
924000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2105000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
378000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
848000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-76961000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-74064000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
36212000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
50370000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
156667000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
81579000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
88976000 USD
CY2012Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
19676000 USD
CY2013Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
29844000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
44097000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1635000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
881000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.27
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.37
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.29
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.13
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0119
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0097
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0046
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0093
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1500000 shares
CY2013Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
957000 shares
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1635000 USD
CY2013Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
5000000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2000000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4893000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
28283000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
34857000 USD
CY2012Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
546000 USD
CY2013Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
70000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management has made a number of estimates and assumptions relating to the reporting of revenues, expenses, assets and liabilities and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements. Actual results could differ from those estimates.</font></div></div>
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124985000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115232000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103016000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125371000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103016000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
100451000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112806000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112203000 shares
CY2012Q1 lfvn Common Shares Issuable Upon Exercise Of Warrants Or Rights
CommonSharesIssuableUponExerciseOfWarrantsOrRights
120000 shares
CY2013Q1 lfvn Common Shares Issuable Upon Exercise Of Warrants Or Rights
CommonSharesIssuableUponExerciseOfWarrantsOrRights
710000 shares
CY2012Q1 lfvn Derivative Instruments Realized Gain Loss Net
DerivativeInstrumentsRealizedGainLossNet
0 USD
lfvn Derivative Instruments Realized Gain Loss Net
DerivativeInstrumentsRealizedGainLossNet
112000 USD
lfvn Derivative Instruments Realized Gain Loss Net
DerivativeInstrumentsRealizedGainLossNet
0 USD
CY2013Q1 lfvn Derivative Instruments Realized Gain Loss Net
DerivativeInstrumentsRealizedGainLossNet
112000 USD
lfvn Increase Decrease In Other Long Term Liabilities
IncreaseDecreaseInOtherLongTermLiabilities
0 USD
lfvn Increase Decrease In Other Long Term Liabilities
IncreaseDecreaseInOtherLongTermLiabilities
442000 USD
lfvn Issuance Of Common Stock And Warrants
IssuanceOfCommonStockAndWarrants
1703000 USD
lfvn Issuance Of Common Stock And Warrants
IssuanceOfCommonStockAndWarrants
2066000 USD
CY2013Q1 lfvn Other Accrued Operating Liabilities Current
OtherAccruedOperatingLiabilitiesCurrent
2300000 USD
CY2012Q2 lfvn Other Accrued Operating Liabilities Current
OtherAccruedOperatingLiabilitiesCurrent
939000 USD
lfvn Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Excluding Sale Of Subsidiary Amount
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseExcludingSaleOfSubsidiaryAmount
-24000 USD
lfvn Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Excluding Sale Of Subsidiary Amount
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseExcludingSaleOfSubsidiaryAmount
12000 USD
CY2012Q1 lfvn Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Excluding Sale Of Subsidiary Amount
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseExcludingSaleOfSubsidiaryAmount
-80000 USD
CY2013Q1 lfvn Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Excluding Sale Of Subsidiary Amount
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseExcludingSaleOfSubsidiaryAmount
-87000 USD
CY2013Q1 lfvn Other Comprehensive Income Loss Net Of Tax Period Increase Decrease Excluding Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseExcludingNoncontrollingInterest
-87000 USD
lfvn Other Comprehensive Income Loss Net Of Tax Period Increase Decrease Excluding Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseExcludingNoncontrollingInterest
-24000 USD
CY2012Q1 lfvn Other Comprehensive Income Loss Net Of Tax Period Increase Decrease Excluding Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseExcludingNoncontrollingInterest
-80000 USD
lfvn Other Comprehensive Income Loss Net Of Tax Period Increase Decrease Excluding Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseExcludingNoncontrollingInterest
12000 USD
CY2013Q1 lfvn Other Income Expense Net
OtherIncomeExpenseNet
26000 USD
CY2012Q1 lfvn Other Income Expense Net
OtherIncomeExpenseNet
18000 USD
lfvn Other Income Expense Net
OtherIncomeExpenseNet
25000 USD
lfvn Other Income Expense Net
OtherIncomeExpenseNet
33000 USD
CY2013Q1 lfvn Prepaid Expenses And Deposits
PrepaidExpensesAndDeposits
5985000 USD
CY2012Q2 lfvn Prepaid Expenses And Deposits
PrepaidExpensesAndDeposits
1250000 USD
CY2013Q1 lfvn Reserve For Sales Returns
ReserveForSalesReturns
821000 USD
CY2012Q2 lfvn Reserve For Sales Returns
ReserveForSalesReturns
863000 USD
lfvn Share Based Compensation Arrangement By Share Based Payment Award Options And Restricted Stock Shares Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndRestrictedStockSharesGrantsInPeriod
1700000 shares
CY2012Q1 lfvn Share Based Compensation Arrangement By Share Based Payment Award Options And Restricted Stock Shares Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndRestrictedStockSharesGrantsInPeriod
1800000 shares
lfvn Share Based Compensation Arrangement By Share Based Payment Award Options And Restricted Stock Shares Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndRestrictedStockSharesGrantsInPeriod
1900000 shares
CY2013Q1 lfvn Share Based Compensation Arrangement By Share Based Payment Award Options And Restricted Stock Shares Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndRestrictedStockSharesGrantsInPeriod
1000000 shares
lfvn Stock Issued During Period Shares Stock Warrants Exercised
StockIssuedDuringPeriodSharesStockWarrantsExercised
3777000 shares
CY2013Q1 lfvn Stock Issued During Period Shares Stock Warrants Exercised
StockIssuedDuringPeriodSharesStockWarrantsExercised
657000 shares
lfvn Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
2066000 USD
lfvn Stock Options
StockOptions
4586000 shares
CY2012Q1 lfvn Stock Options
StockOptions
0 shares
lfvn Stock Options
StockOptions
4772000 shares
CY2013Q1 lfvn Stock Options
StockOptions
3802000 shares
lfvn Warrant Issued
WarrantIssued
8582000 shares
CY2013Q1 lfvn Warrant Issued
WarrantIssued
8377000 shares
lfvn Warrant Issued
WarrantIssued
10009000 shares
CY2012Q1 lfvn Warrant Issued
WarrantIssued
0 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000849146
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
113524045 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
LIFEVANTAGE CORPORATION
dei Trading Symbol
TradingSymbol
LFVN

Files In Submission

Name View Source Status
0001445305-13-001238-index-headers.html Edgar Link pending
0001445305-13-001238-index.html Edgar Link pending
0001445305-13-001238.txt Edgar Link pending
0001445305-13-001238-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
lfvn-20130331.xml Edgar Link completed
lfvn-20130331.xsd Edgar Link pending
lfvn-20130331_cal.xml Edgar Link unprocessable
lfvn-20130331_def.xml Edgar Link unprocessable
lfvn-20130331_lab.xml Edgar Link unprocessable
lfvn-20130331_pre.xml Edgar Link unprocessable
lfvn_033113x10q.htm Edgar Link pending
lfvn_033113xex311.htm Edgar Link pending
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