$LIQT
LIQTECH INTERNATIONAL INC

2017 Q4 Form 10-K Financial Statement

#000143774918005356 Filed on March 23, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $2.990M $11.34M $2.570M
YoY Change 16.34% -18.43% -49.31%
Cost Of Revenue $2.930M $11.14M $3.400M
YoY Change -13.82% -10.72% -4.76%
Gross Profit $60.00K $206.8K -$830.0K
YoY Change -107.23% -85.57% -154.97%
Gross Profit Margin 2.01% 1.82% -32.3%
Selling, General & Admin $1.100M $4.277M $2.730M
YoY Change -59.71% -30.59% 95.0%
% of Gross Profit 1833.33% 2068.75%
Research & Development $160.0K $536.8K $150.0K
YoY Change 6.67% -14.26% -11.76%
% of Gross Profit 266.67% 259.66%
Depreciation & Amortization $210.0K $939.5K $380.0K
YoY Change -44.74% -31.84% 0.0%
% of Gross Profit 350.0% 454.41%
Operating Expenses $1.270M $4.814M $2.880M
YoY Change -55.9% -66.95% 83.44%
Operating Profit -$1.210M -$4.607M -$3.710M
YoY Change -67.39% -64.92% 6083.33%
Interest Expense -$70.00K $45.89K -$10.00K
YoY Change 600.0% 17.83% -102.86%
% of Operating Profit
Other Income/Expense, Net -$170.9K
YoY Change 166.41%
Pretax Income -$1.270M -$4.778M -$11.06M
YoY Change -88.52% -63.8% -4050.0%
Income Tax -$320.0K -$317.8K $330.0K
% Of Pretax Income
Net Earnings -$960.0K -$4.460M -$11.40M
YoY Change -91.58% -72.83% -8869.23%
Net Earnings / Revenue -32.11% -39.32% -443.58%
Basic Earnings Per Share -$0.11
Diluted Earnings Per Share -$86.18K -$0.11 -$1.586M
COMMON SHARES
Basic Shares Outstanding 41.60M
Diluted Shares Outstanding 41.60M

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.490M $2.490M $1.210M
YoY Change 105.79% 105.79% -11.68%
Cash & Equivalents $2.486M $1.209M
Short-Term Investments
Other Short-Term Assets $30.00K $30.00K $60.00K
YoY Change -50.0% -50.0% -87.23%
Inventory $4.662M $5.150M $5.175M
Prepaid Expenses $28.15K $62.16K
Receivables $1.125M $1.120M $1.112M
Other Receivables $636.5K $640.0K $306.2K
Total Short-Term Assets $9.428M $9.430M $8.506M
YoY Change 10.83% 10.81% -34.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.959M $1.960M $2.634M
YoY Change -25.61% -25.48% -25.58%
Goodwill
YoY Change
Intangibles $3.349K $5.614K
YoY Change -40.35% -45.95%
Long-Term Investments $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% -50.0%
Other Assets $280.0K $280.0K $260.0K
YoY Change 7.69% 7.69% -93.4%
Total Long-Term Assets $2.252M $2.250M $2.906M
YoY Change -22.5% -22.41% -80.74%
TOTAL ASSETS
Total Short-Term Assets $9.428M $9.430M $8.506M
Total Long-Term Assets $2.252M $2.250M $2.906M
Total Assets $11.68M $11.68M $11.41M
YoY Change 2.34% 2.37% -59.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.780M $1.780M $2.260M
YoY Change -21.24% -21.24% -34.68%
Accrued Expenses $1.726M $1.720M $2.386M
YoY Change -27.67% -28.03% 65.45%
Deferred Revenue $306.8K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $30.00K $30.00K $60.00K
YoY Change -50.0% -50.0% -60.0%
Total Short-Term Liabilities $4.768M $4.770M $5.009M
YoY Change -4.81% -4.79% -6.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $130.0K
YoY Change -100.0% -100.0% -23.53%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $133.8K
YoY Change -100.0% -19.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.768M $4.770M $5.009M
Total Long-Term Liabilities $0.00 $133.8K
Total Liabilities $4.768M $4.770M $5.143M
YoY Change -7.29% -7.2% -6.6%
SHAREHOLDERS EQUITY
Retained Earnings -$28.47M -$24.01M
YoY Change 18.58% 216.24%
Common Stock $44.43K $36.84K
YoY Change 20.62% -6.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.912M $6.910M $6.270M
YoY Change
Total Liabilities & Shareholders Equity $11.68M $11.68M $11.41M
YoY Change 2.34% 2.37% -59.35%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$960.0K -$4.460M -$11.40M
YoY Change -91.58% -72.83% -8869.23%
Depreciation, Depletion And Amortization $210.0K $939.5K $380.0K
YoY Change -44.74% -31.84% 0.0%
Cash From Operating Activities -$620.0K -$3.315M $1.520M
YoY Change -140.79% -897.36% 2433.33%
INVESTING ACTIVITIES
Capital Expenditures -$50.00K $137.7K -$240.0K
YoY Change -79.17% -63.16% 41.18%
Acquisitions
YoY Change
Other Investing Activities $0.00 $10.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$40.00K -$123.7K -$240.0K
YoY Change -83.33% -66.91% 33.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.825M
YoY Change
Debt Paid & Issued, Net $54.93K
YoY Change 105.62%
Cash From Financing Activities 2.390M 4.105M -70.00K
YoY Change -3514.29% -2125.82% -73.08%
NET CHANGE
Cash From Operating Activities -620.0K -3.315M 1.520M
Cash From Investing Activities -40.00K -123.7K -240.0K
Cash From Financing Activities 2.390M 4.105M -70.00K
Net Change In Cash 1.730M 665.7K 1.210M
YoY Change 42.98% -514.58% -418.42%
FREE CASH FLOW
Cash From Operating Activities -$620.0K -$3.315M $1.520M
Capital Expenditures -$50.00K $137.7K -$240.0K
Free Cash Flow -$570.0K -$3.453M $1.760M
YoY Change -132.39% -8310.96% 665.22%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016 liqt Canceled Common Shares Held In Escrow In Connection With An Acquisition Shares
CanceledCommonSharesHeldInEscrowInConnectionWithAnAcquisitionShares
2696521
CY2017Q4 liqt Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
400000
CY2017Q4 liqt Class Of Warrant Or Right Exercisable Weighted Average Exercise Price
ClassOfWarrantOrRightExercisableWeightedAverageExercisePrice
1.65
CY2017Q4 liqt Class Of Warrant Or Right Outstanding Nonvested Warrants
ClassOfWarrantOrRightOutstandingNonvestedWarrants
0
CY2016Q4 liqt Class Of Warrant Or Right Outstanding Nonvested Warrants
ClassOfWarrantOrRightOutstandingNonvestedWarrants
66667
CY2017Q4 liqt Class Of Warrant Or Right Outstanding Weighted Average Exercise Price
ClassOfWarrantOrRightOutstandingWeightedAverageExercisePrice
1.65
CY2017 liqt Class Of Warrant Or Right Weighted Average Remaining Contractual Life
ClassOfWarrantOrRightWeightedAverageRemainingContractualLife
P1Y208D
CY2017 liqt Convertible Preferred Stock Aggregate Shares Issued Upon Conversion
ConvertiblePreferredStockAggregateSharesIssuedUponConversion
8803348
CY2017 liqt Deferred Income Tax Expense Accrued Vacation
DeferredIncomeTaxExpenseAccruedVacation
2550
CY2016 liqt Deferred Income Tax Expense Accrued Vacation
DeferredIncomeTaxExpenseAccruedVacation
-1517
CY2017 liqt Deferred Income Tax Expense Deferred Compensation
DeferredIncomeTaxExpenseDeferredCompensation
-8287
CY2016 liqt Deferred Income Tax Expense Deferred Compensation
DeferredIncomeTaxExpenseDeferredCompensation
-8500
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
296227
CY2017 liqt Deferred Income Tax Expense Valuation Allowance
DeferredIncomeTaxExpenseValuationAllowance
75156
CY2016 liqt Deferred Income Tax Expense Valuation Allowance
DeferredIncomeTaxExpenseValuationAllowance
4756011
CY2017 liqt Deferred Tax Expense Allowance For Doubtful Accounts
DeferredTaxExpenseAllowanceForDoubtfulAccounts
459
CY2016 liqt Deferred Tax Expense Allowance For Doubtful Accounts
DeferredTaxExpenseAllowanceForDoubtfulAccounts
12705
CY2017 liqt Deferred Tax Expense Reserve For Obsolete Inventory
DeferredTaxExpenseReserveForObsoleteInventory
-105307
CY2016 liqt Deferred Tax Expense Reserve For Obsolete Inventory
DeferredTaxExpenseReserveForObsoleteInventory
-50452
CY2017 liqt Net Operating Loss Carryover
NetOperatingLossCarryover
260540
CY2016 liqt Net Operating Loss Carryover
NetOperatingLossCarryover
-1000650
CY2017 liqt Non Cash Investing And Financing Activities Total
NonCashInvestingAndFinancingActivitiesTotal
178944
CY2016 liqt Non Cash Investing And Financing Activities Total
NonCashInvestingAndFinancingActivitiesTotal
435794
CY2017 liqt Share Based Compensation Arrangements By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
0.74
CY2017Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1775230
CY2016Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2262688
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1124842
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1111759
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
580
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
580
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1724986
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2385586
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9704930
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9140320
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5040792
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5691301
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
40457907
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
36084117
CY2017 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1144990
CY2016 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
16834428
CY2017 us-gaap Advertising Expense
AdvertisingExpense
16350
CY2016 us-gaap Advertising Expense
AdvertisingExpense
14504
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
178944
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
435794
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
660581
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1678856
CY2016 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
252792
CY2017 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
313174
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2128452
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1087871
CY2016 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-144576
CY2017Q4 us-gaap Assets
Assets
11679938
CY2016Q4 us-gaap Assets
Assets
11412328
CY2017Q4 us-gaap Assets Current
AssetsCurrent
9427697
CY2016Q4 us-gaap Assets Current
AssetsCurrent
8506321
CY2017Q4 us-gaap Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
306845
CY2016Q4 us-gaap Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
106375
CY2017Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
26186
CY2016Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
45883
CY2017Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
93942
CY2017Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1328672
CY2016Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1240358
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
26949
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
26949
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
763
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
26186
CY2017Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1301870
CY2016Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1126550
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2486199
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1208650
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1370591
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1277549
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-161941
CY2017Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0
CY2016Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0
CY2017Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.65
CY2017Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
400000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44229264
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36835514
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44229264
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36835514
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
44430
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
36836
CY2017 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11136426
CY2016 us-gaap Cost Of Goods Sold
CostOfGoodsSold
12473965
CY2017Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
490100
CY2016Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
642700
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-317810
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-329236
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
580
CY2017Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
79933
CY2016Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
148561
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3548913
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
933994
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
192597
CY2017Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
305425
CY2016Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
200118
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4646434
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4906974
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
30935
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
30935
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
16787
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
8500
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
2900
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
5450
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
743
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
71116
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1202
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
4932108
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
4856952
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
939500
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11691
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11347
CY2017Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
283686
CY2016Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
261553
CY2017 us-gaap Depreciation
Depreciation
937235
CY2016 us-gaap Depreciation
Depreciation
1373505
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1378277
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
611884
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1376
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
5256
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
27270
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
26407
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2579
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
770
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3349
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-102470
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9555
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-24065
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
CY2017 us-gaap Gain Loss On Investments
GainLossOnInvestments
CY2016 us-gaap Gain Loss On Investments
GainLossOnInvestments
-16621
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2153225
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3997304
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7343208
CY2017 us-gaap Gross Profit
GrossProfit
206751
CY2016 us-gaap Gross Profit
GrossProfit
1432429
CY2017Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
94620
CY2017Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
15242
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4778163
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-13198957
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-317810
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3219677
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
75156
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4739806
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
994336
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-21489
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
256207
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1325180
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1624575
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4487649
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
4664
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
4242
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-225111
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-158684
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
1615506
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
148170
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-19248
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-100368
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4350
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-3721
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
580
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
590
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-487458
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1192386
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
241256
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-841918
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
80797
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2123418
CY2016Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2499242
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1018643
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-3856619
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1147934
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
353070
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1807658
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-41314
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
57666
CY2017 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-292826
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-564359
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3349
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5614
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
1515
CY2016 us-gaap Interest And Other Income
InterestAndOtherIncome
968
CY2017 us-gaap Interest Expense
InterestExpense
45888
CY2016 us-gaap Interest Expense
InterestExpense
38945
CY2017 us-gaap Interest Expense Lessee Assets Under Capital Lease
InterestExpenseLesseeAssetsUnderCapitalLease
6290
CY2016 us-gaap Interest Expense Lessee Assets Under Capital Lease
InterestExpenseLesseeAssetsUnderCapitalLease
16758
CY2017 us-gaap Interest Paid Net
InterestPaidNet
45888
CY2016 us-gaap Interest Paid Net
InterestPaidNet
38945
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2297743
CY2016Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2544080
CY2017Q4 us-gaap Inventory Net
InventoryNet
4661866
CY2016Q4 us-gaap Inventory Net
InventoryNet
5174874
CY2017Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1260209
CY2016Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1216098
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1420093
CY2016Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1421345
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
-206155
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
802966
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
651032
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
645817
CY2017Q4 us-gaap Liabilities
Liabilities
4767821
CY2016Q4 us-gaap Liabilities
Liabilities
5142580
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11679938
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11412328
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4767821
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5008743
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
CY2016Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
133837
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
94620
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
15242
CY2017Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
CY2016Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
39895
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4104700
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-202619
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123673
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-373740
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3315362
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
415794
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-4460353
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-16418634
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-170908
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-64153
CY2017Q4 us-gaap Notes Payable Current
NotesPayableCurrent
CY2016Q4 us-gaap Notes Payable Current
NotesPayableCurrent
15034
CY2017 us-gaap Operating Expenses
OperatingExpenses
4814006
CY2016 us-gaap Operating Expenses
OperatingExpenses
14567233
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-4607255
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-13134804
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
780737
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
388421
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
30546
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
182676
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
179094
CY2017Q4 us-gaap Other Assets
OtherAssets
293036
CY2016Q4 us-gaap Other Assets
OtherAssets
272449
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
650509
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-314696
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3809844
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-16733330
CY2017Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
400589
CY2016Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
336799
CY2017Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
6001
CY2016Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
5282
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
636539
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
306177
CY2017Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
65000
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
192736
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
137674
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
373740
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2200837
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2200837
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
2201
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
28151
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
62161
CY2017Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1825000
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1825000
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
CY2017 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
2641004
CY2016 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14001
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
11343177
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
13906394
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11664135
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11773878
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1959205
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2633558
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-102189
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1437949
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
113639
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
175905
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
54929
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
26714
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
536848
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
626147
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-28471696
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-24011343
CY2017 us-gaap Selling Expense
SellingExpense
1944989
CY2016 us-gaap Selling Expense
SellingExpense
2164780
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
178944
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
435794
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
346667
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.84
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
238000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
175000
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
868000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
455000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.10
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
455000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0.82
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
1.90
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.75
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
346667
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
455000
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y229D
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
108333
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.46
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y149D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y54D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y54D
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.84
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.82
CY2017 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y54D
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6912117
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6269748
CY2017 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
CY2016 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-16556
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: left; text-indent: 52.8pt; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;">Accounting Estimates</div><div style="display: inline; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;">&nbsp;<div style="display: inline; font-weight: bold;">--</div>&nbsp;The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets allowance for doubtful accounts receivable, cost in excess of billings, reserve for obsolete inventory, depreciation and impairment of property plant and equipment and impairment of goodwill and liabilities billings in excess of cost commitment and contingencies, the disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimated.</div></div></div></div></div></div>
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
3549797
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2069655
CY2015Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1694375
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
-308344
CY2016 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
2262907
CY2017 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-1171798
CY2016 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-407485
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41595856
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36835514
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41595856
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36835514

Files In Submission

Name View Source Status
0001437749-18-005356-index-headers.html Edgar Link pending
0001437749-18-005356-index.html Edgar Link pending
0001437749-18-005356.txt Edgar Link pending
0001437749-18-005356-xbrl.zip Edgar Link pending
ex_108460.htm Edgar Link pending
ex_108461.htm Edgar Link pending
ex_108462.htm Edgar Link pending
ex_108463.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
liqt-20171231.xml Edgar Link completed
liqt-20171231.xsd Edgar Link pending
liqt-20171231_cal.xml Edgar Link unprocessable
liqt-20171231_def.xml Edgar Link unprocessable
liqt-20171231_lab.xml Edgar Link unprocessable
liqt-20171231_pre.xml Edgar Link unprocessable
liqt20171231_10k.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
zz1w0e5j210-kimg001.jpg Edgar Link pending