2019 Form 10-K Financial Statement
#000110465920032764 Filed on March 13, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $160.0K |
| YoY Change | -62.62% |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $5.600M |
| YoY Change | 5.86% |
| % of Gross Profit | |
| Research & Development | $7.470M |
| YoY Change | 15.55% |
| % of Gross Profit | |
| Depreciation & Amortization | $20.00K |
| YoY Change | 0.0% |
| % of Gross Profit | |
| Operating Expenses | $13.07M |
| YoY Change | 11.2% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | -$340.0K |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | $240.0K |
| YoY Change | -171.96% |
| Pretax Income | -$13.01M |
| YoY Change | 11.58% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$13.01M |
| YoY Change | 11.58% |
| Net Earnings / Revenue | -8131.25% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$502.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 25.88M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $14.07M |
| YoY Change | -7.74% |
| Cash & Equivalents | $9.730M |
| Short-Term Investments | $4.340M |
| Other Short-Term Assets | $5.550M |
| YoY Change | 0.54% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $20.00K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $19.63M |
| YoY Change | -5.67% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $0.00 |
| YoY Change | -100.0% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $20.00K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $30.00K |
| YoY Change | -25.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $19.63M |
| Total Long-Term Assets | $30.00K |
| Total Assets | $19.66M |
| YoY Change | -5.71% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.180M |
| YoY Change | 76.12% |
| Accrued Expenses | $450.0K |
| YoY Change | -8.16% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $3.330M |
| YoY Change | 0.0% |
| Total Short-Term Liabilities | $4.960M |
| YoY Change | 10.47% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $3.810M |
| YoY Change | -45.02% |
| Other Long-Term Liabilities | $4.590M |
| YoY Change | |
| Total Long-Term Liabilities | $8.400M |
| YoY Change | 21.21% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.960M |
| Total Long-Term Liabilities | $8.400M |
| Total Liabilities | $13.37M |
| YoY Change | 17.08% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $6.290M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $19.66M |
| YoY Change | -5.71% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$13.01M |
| YoY Change | 11.58% |
| Depreciation, Depletion And Amortization | $20.00K |
| YoY Change | 0.0% |
| Cash From Operating Activities | -$11.67M |
| YoY Change | -3.38% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $3.000M |
| YoY Change | -73.43% |
| Cash From Investing Activities | $3.000M |
| YoY Change | -73.44% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 10.32M |
| YoY Change | -3.12% |
| NET CHANGE | |
| Cash From Operating Activities | -11.67M |
| Cash From Investing Activities | 3.000M |
| Cash From Financing Activities | 10.32M |
| Net Change In Cash | 1.650M |
| YoY Change | -83.28% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$11.67M |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25882273 |
