$LIQT
LIQTECH INTERNATIONAL INC

2018 Q2 Form 10-K Financial Statement

#000143774919006256 Filed on April 01, 2019

View on sec.gov

Income Statement

Concept 2018 Q2 2018 2017 Q4
Revenue $3.598M $12.23M $2.990M
YoY Change 22.96% 7.84% 16.34%
Cost Of Revenue $2.938M $11.17M $2.930M
YoY Change 7.49% 0.27% -13.82%
Gross Profit $659.8K $1.066M $60.00K
YoY Change 242.46% 415.67% -107.23%
Gross Profit Margin 18.34% 8.72% 2.01%
Selling, General & Admin $1.046M $4.891M $1.100M
YoY Change 1.94% 14.34% -59.71%
% of Gross Profit 158.56% 458.72% 1833.33%
Research & Development $176.3K $661.0K $160.0K
YoY Change 54.62% 23.13% 6.67%
% of Gross Profit 26.72% 62.0% 266.67%
Depreciation & Amortization $210.0K $648.7K $210.0K
YoY Change -12.5% -30.95% -44.74%
% of Gross Profit 31.83% 60.85% 350.0%
Operating Expenses $1.222M $5.552M $1.270M
YoY Change 4.48% 15.32% -55.9%
Operating Profit -$562.7K -$4.486M -$1.210M
YoY Change -42.43% -2.64% -67.39%
Interest Expense $4.174K $71.78K -$70.00K
YoY Change -52.06% 56.43% 600.0%
% of Operating Profit
Other Income/Expense, Net $299.1K $305.6K
YoY Change -239.14% -278.78%
Pretax Income -$263.5K -$4.180M -$1.270M
YoY Change -77.9% -12.52% -88.52%
Income Tax -$365.4K -$320.0K
% Of Pretax Income
Net Earnings -$263.5K -$3.815M -$960.0K
YoY Change -77.9% -14.48% -91.58%
Net Earnings / Revenue -7.32% -31.18% -32.11%
Basic Earnings Per Share $0.00 -$0.24
Diluted Earnings Per Share $0.00 -$0.24 -$86.18K
COMMON SHARES
Basic Shares Outstanding 16.21M 15.96M
Diluted Shares Outstanding 16.21M 15.96M

Balance Sheet

Concept 2018 Q2 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.490M $3.780M $2.490M
YoY Change 250.78% 51.81% 105.79%
Cash & Equivalents $4.492M $2.486M
Short-Term Investments
Other Short-Term Assets $70.00K $130.0K $30.00K
YoY Change -50.0% 333.33% -50.0%
Inventory $4.495M $4.430M $4.662M
Prepaid Expenses $66.32K $28.15K
Receivables $1.445M $1.930M $1.125M
Other Receivables $314.0K $1.100M $636.5K
Total Short-Term Assets $12.13M $11.37M $9.428M
YoY Change 32.01% 20.57% 10.83%
LONG-TERM ASSETS
Property, Plant & Equipment $1.634M $1.430M $1.959M
YoY Change -28.51% -27.04% -25.61%
Goodwill
YoY Change
Intangibles $1.978K $3.349K
YoY Change -55.74% -40.35%
Long-Term Investments $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0%
Other Assets $350.0K $350.0K $280.0K
YoY Change 25.0% 25.0% 7.69%
Total Long-Term Assets $1.996M $1.790M $2.252M
YoY Change -22.48% -20.44% -22.5%
TOTAL ASSETS
Total Short-Term Assets $12.13M $11.37M $9.428M
Total Long-Term Assets $1.996M $1.790M $2.252M
Total Assets $14.13M $13.16M $11.68M
YoY Change 20.08% 12.67% 2.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.520M $2.120M $1.780M
YoY Change -26.57% 19.1% -21.24%
Accrued Expenses $1.099M $1.870M $1.726M
YoY Change -59.71% 8.72% -27.67%
Deferred Revenue $454.9K $306.8K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00K $10.00K $30.00K
YoY Change -66.67% -66.67% -50.0%
Total Short-Term Liabilities $3.518M $4.620M $4.768M
YoY Change -32.36% -3.14% -4.81%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.518M $4.620M $4.768M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $3.518M $4.620M $4.768M
YoY Change -33.08% -3.14% -7.29%
SHAREHOLDERS EQUITY
Retained Earnings -$30.27M -$28.47M
YoY Change 16.25% 18.58%
Common Stock $72.74K $44.43K
YoY Change 64.46% 20.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.61M $8.540M $6.912M
YoY Change
Total Liabilities & Shareholders Equity $14.13M $13.16M $11.68M
YoY Change 20.08% 12.67% 2.34%

Cashflow Statement

Concept 2018 Q2 2018 2017 Q4
OPERATING ACTIVITIES
Net Income -$263.5K -$3.815M -$960.0K
YoY Change -77.9% -14.48% -91.58%
Depreciation, Depletion And Amortization $210.0K $648.7K $210.0K
YoY Change -12.5% -30.95% -44.74%
Cash From Operating Activities -$1.570M -$3.914M -$620.0K
YoY Change 18.94% 18.06% -140.79%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K $178.9K -$50.00K
YoY Change 100.0% 29.92% -79.17%
Acquisitions
YoY Change
Other Investing Activities $0.00 $10.00K $0.00
YoY Change 0.0%
Cash From Investing Activities -$20.00K -$170.9K -$40.00K
YoY Change 100.0% 38.18% -83.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.865M $6.030M
YoY Change 221.37% 230.39%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.860M 6.017M 2.390M
YoY Change 236.78% 46.59% -3514.29%
NET CHANGE
Cash From Operating Activities -1.570M -3.914M -620.0K
Cash From Investing Activities -20.00K -170.9K -40.00K
Cash From Financing Activities 5.860M 6.017M 2.390M
Net Change In Cash 4.270M 1.290M 1.730M
YoY Change 941.46% 93.78% 42.98%
FREE CASH FLOW
Cash From Operating Activities -$1.570M -$3.914M -$620.0K
Capital Expenditures -$20.00K $178.9K -$50.00K
Free Cash Flow -$1.550M -$4.093M -$570.0K
YoY Change 18.32% 18.53% -132.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018 dei Amendment Flag
AmendmentFlag
false
CY2018 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2018 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Type
DocumentType
10-K
CY2019Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
73078184
CY2018 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q2 dei Entity Public Float
EntityPublicFloat
52533852
CY2018 dei Entity Shell Company
EntityShellCompany
false
CY2018 dei Entity Small Business
EntitySmallBusiness
true
CY2018Q4 liqt Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
400000
CY2018Q4 liqt Class Of Warrant Or Right Exercisable Weighted Average Exercise Price
ClassOfWarrantOrRightExercisableWeightedAverageExercisePrice
1.65
CY2018Q4 liqt Class Of Warrant Or Right Outstanding Nonvested Warrants
ClassOfWarrantOrRightOutstandingNonvestedWarrants
0
CY2017Q4 liqt Class Of Warrant Or Right Outstanding Nonvested Warrants
ClassOfWarrantOrRightOutstandingNonvestedWarrants
0
CY2018Q4 liqt Class Of Warrant Or Right Outstanding Weighted Average Exercise Price
ClassOfWarrantOrRightOutstandingWeightedAverageExercisePrice
1.65
CY2018 liqt Class Of Warrant Or Right Weighted Average Remaining Contractual Life
ClassOfWarrantOrRightWeightedAverageRemainingContractualLife
P208D
CY2017 liqt Convertible Preferred Stock Aggregate Shares Issued Upon Conversion
ConvertiblePreferredStockAggregateSharesIssuedUponConversion
8803348
CY2018 liqt Deferred Income Tax Expense Accrued Vacation
DeferredIncomeTaxExpenseAccruedVacation
-949
CY2017 liqt Deferred Income Tax Expense Accrued Vacation
DeferredIncomeTaxExpenseAccruedVacation
2550
CY2018 liqt Deferred Income Tax Expense Deferred Compensation
DeferredIncomeTaxExpenseDeferredCompensation
13127
CY2017 liqt Deferred Income Tax Expense Deferred Compensation
DeferredIncomeTaxExpenseDeferredCompensation
-8287
CY2018 liqt Deferred Income Tax Expense Valuation Allowance
DeferredIncomeTaxExpenseValuationAllowance
704876
CY2017 liqt Deferred Income Tax Expense Valuation Allowance
DeferredIncomeTaxExpenseValuationAllowance
75156
CY2018 liqt Deferred Tax Expense Allowance For Doubtful Accounts
DeferredTaxExpenseAllowanceForDoubtfulAccounts
CY2017 liqt Deferred Tax Expense Allowance For Doubtful Accounts
DeferredTaxExpenseAllowanceForDoubtfulAccounts
459
CY2018 liqt Deferred Tax Expense Reserve For Obsolete Inventory
DeferredTaxExpenseReserveForObsoleteInventory
53105
CY2017 liqt Deferred Tax Expense Reserve For Obsolete Inventory
DeferredTaxExpenseReserveForObsoleteInventory
-105307
CY2018Q4 liqt Inventory Pledged As Collateral
InventoryPledgedAsCollateral
4011203
CY2018 liqt Net Operating Loss Carryover
NetOperatingLossCarryover
-729928
CY2017 liqt Net Operating Loss Carryover
NetOperatingLossCarryover
260540
CY2018 liqt Proceeds From Repayments Of Longterm Capital Lease Obligations
ProceedsFromRepaymentsOfLongtermCapitalLeaseObligations
-12397
CY2017 liqt Proceeds From Repayments Of Longterm Capital Lease Obligations
ProceedsFromRepaymentsOfLongtermCapitalLeaseObligations
-113639
CY2018 liqt Value Added Tax Of Invoice Percentage
ValueAddedTaxOfInvoicePercentage
0.25
CY2018Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2122479
CY2017Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1775230
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1308122
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1124842
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1868229
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1725566
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9691083
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
9704930
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5744856
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5040792
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
46521299
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
40457907
CY2018 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-99646
CY2017 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1144991
CY2018 us-gaap Advertising Expense
AdvertisingExpense
38951
CY2017 us-gaap Advertising Expense
AdvertisingExpense
16350
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
56434
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
178944
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
660581
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2128452
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
971772
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
CY2017 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1678856
CY2018 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-42371
CY2017 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
313174
CY2018Q4 us-gaap Assets
Assets
13159249
CY2017Q4 us-gaap Assets
Assets
11679938
CY2018Q4 us-gaap Assets Current
AssetsCurrent
11373206
CY2017Q4 us-gaap Assets Current
AssetsCurrent
9427697
CY2018Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
13789
CY2017Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
26186
CY2018Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1182778
CY2017Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
1328672
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
14654
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
14654
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
865
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
13789
CY2018Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1169272
CY2017Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
1301870
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3776111
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1277549
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2486199
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1208650
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1289912
CY2017Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0
CY2018Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0
CY2018Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.65
CY2017Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.65
CY2018Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
400000
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
72915547
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44229264
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
72915547
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44229264
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
72916
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
44430
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
624275
CY2017Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
490100
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
516335
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
306845
CY2018 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
11165944
CY2017 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
11136426
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-365430
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-317810
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
CY2018Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
23499
CY2017Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
79933
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
933994
CY2018Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
98781
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
241624
CY2017Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
305425
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5184992
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
4646434
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
30935
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
24451
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
16787
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
3814
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
2900
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
734
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
743
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
5422432
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
4932108
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
33182
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
71116
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11691
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11347
CY2018Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
347932
CY2017Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
283686
CY2018 us-gaap Depreciation
Depreciation
819070
CY2017 us-gaap Depreciation
Depreciation
937235
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
648734
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
939500
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
14514
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-642304
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
611884
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
748
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
748
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
344023
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-102470
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4907
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-24065
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3187311
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2332169
CY2018 us-gaap Gross Profit
GrossProfit
1066144
CY2017 us-gaap Gross Profit
GrossProfit
206751
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
94620
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4179958
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4778163
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-365430
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-317810
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
193584
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
75156
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
321925
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
994336
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-15535
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
256207
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-877791
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1624575
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
14580
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
4664
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-40231
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
-225111
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2184
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-19248
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-9
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4350
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
570
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
580
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
347249
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-487458
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
999099
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
241256
CY2018 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-692550
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
80797
CY2018 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
134175
CY2017 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
209490
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
353070
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-32241
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-564359
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
184009
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-41314
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
748
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3349
CY2018 us-gaap Interest And Other Income
InterestAndOtherIncome
28401
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
1515
CY2018 us-gaap Interest Expense
InterestExpense
71781
CY2017 us-gaap Interest Expense
InterestExpense
45888
CY2018 us-gaap Interest Expense Lessee Assets Under Capital Lease
InterestExpenseLesseeAssetsUnderCapitalLease
5021
CY2017 us-gaap Interest Expense Lessee Assets Under Capital Lease
InterestExpenseLesseeAssetsUnderCapitalLease
6290
CY2018 us-gaap Interest Paid Net
InterestPaidNet
44604
CY2017 us-gaap Interest Paid Net
InterestPaidNet
45888
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1596042
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2297743
CY2018Q4 us-gaap Inventory Net
InventoryNet
4432055
CY2017Q4 us-gaap Inventory Net
InventoryNet
4661866
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1659826
CY2017Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
1260209
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1111794
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1420093
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1691175
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2123418
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
207384
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
-206155
CY2018 us-gaap Net Income Loss
NetIncomeLoss
-3814528
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-4460353
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
642546
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
651032
CY2018Q4 us-gaap Liabilities
Liabilities
4619613
CY2017Q4 us-gaap Liabilities
Liabilities
4767821
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13159249
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11679938
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4619613
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4767821
CY2018Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
94620
CY2018Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
14514
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6017280
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4104700
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-170890
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123673
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3914174
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3315362
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
305550
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-170908
CY2018 us-gaap Operating Expenses
OperatingExpenses
5551652
CY2017 us-gaap Operating Expenses
OperatingExpenses
4814006
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
-4485508
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-4607255
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2605057
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
712250
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
560977
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
350249
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
402584
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
578997
CY2018Q4 us-gaap Other Assets
OtherAssets
354394
CY2017Q4 us-gaap Other Assets
OtherAssets
293036
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-704064
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
650509
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4518592
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3809844
CY2018Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
596806
CY2017Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
400589
CY2018Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
5714
CY2017Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
6001
CY2018Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1098796
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
636539
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
747423
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
192736
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
178872
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
137674
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2200837
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
2200837
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
2201
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
133847
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
28151
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: left; text-indent: 45pt;"><div style="display: inline; font-weight: bold;">Reclassification</div>&nbsp;<div style="display: inline; font-weight: bold;">&#x2013;</div>&nbsp;Certain balances in previously issued consolidated financial statements have been reclassified to be consistent with the current period presentation. The reclassification had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> impact on total financial position, net income, or stockholder&#x2019;s equity.</div></div></div></div>
CY2018 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
CY2017 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
2641004
CY2018Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5865077
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6777100
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1825000
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7982
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
14001
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11122732
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11664135
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1431649
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1959205
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
353562
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-102189
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
54929
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
661014
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
536848
CY2018 us-gaap Selling Expense
SellingExpense
1703327
CY2017 us-gaap Selling Expense
SellingExpense
1944989
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
116434
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
178944
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
280000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.34
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-32286224
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-28471696
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
12232088
CY2017 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11343177
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
455000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
280000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.34
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
280000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0.34
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2018Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
280000
CY2018Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
280000
CY2018Q2 us-gaap Share Price
SharePrice
0.34
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y226D
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
0
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y54D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y226D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y226D
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.74
CY2018Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.74
CY2018 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P1Y226D
CY2018Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
19448529
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
175000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8539636
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6912117
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-591570
CY2018 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=" font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; text-align: left; margin: 0pt; text-indent: 45pt;"><div style="display: inline; font-weight: bold;">Accounting Estimates</div>&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, contract assets, reserve for obsolete inventory, depreciation and impairment of property plant and equipment&nbsp;and contract liabilities 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>
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2069655
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
2083567
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
3549797
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
605482
CY2017 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
-308344
CY2017 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-1171798
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63843634
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41595856
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
63843634
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
41595856
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63843634
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41595856

Files In Submission

Name View Source Status
0001437749-19-006256-index-headers.html Edgar Link pending
0001437749-19-006256-index.html Edgar Link pending
0001437749-19-006256.txt Edgar Link pending
0001437749-19-006256-xbrl.zip Edgar Link pending
a1.jpg Edgar Link pending
a2.jpg Edgar Link pending
a3.jpg Edgar Link pending
ex_138529.htm Edgar Link pending
ex_138530.htm Edgar Link pending
ex_138531.htm Edgar Link pending
ex_138532.htm Edgar Link pending
ex_139019.htm Edgar Link pending
ex_139020.htm Edgar Link pending
ex_139021img001.gif Edgar Link pending
ex_139029.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gregoryassoc.jpg Edgar Link pending
liqt-20181231.xml Edgar Link completed
liqt-20181231.xsd Edgar Link pending
liqt-20181231_cal.xml Edgar Link unprocessable
liqt-20181231_def.xml Edgar Link unprocessable
liqt-20181231_lab.xml Edgar Link unprocessable
liqt-20181231_pre.xml Edgar Link unprocessable
liqt20181231_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
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