2019 Form 10-K Financial Statement
#000104746920001500 Filed on March 16, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $0.00 |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $9.090M |
| YoY Change | 1.91% |
| % of Gross Profit | |
| Research & Development | $24.37M |
| YoY Change | 11.64% |
| % of Gross Profit | |
| Depreciation & Amortization | $50.00K |
| YoY Change | 0.0% |
| % of Gross Profit | |
| Operating Expenses | $33.45M |
| YoY Change | 8.78% |
| Operating Profit | |
| YoY Change | |
| Interest Expense | $420.0K |
| YoY Change | -93.9% |
| % of Operating Profit | |
| Other Income/Expense, Net | $130.0K |
| YoY Change | -82.89% |
| Pretax Income | -$32.90M |
| YoY Change | 42.3% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$32.90M |
| YoY Change | 42.18% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$1.457M |
| COMMON SHARES | |
| Basic Shares Outstanding | 22.58M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $3.890M |
| YoY Change | -76.11% |
| Cash & Equivalents | $3.890M |
| Short-Term Investments | |
| Other Short-Term Assets | $170.0K |
| YoY Change | -15.0% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $4.240M |
| YoY Change | -75.52% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.150M |
| YoY Change | 1177.78% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $2.060M |
| YoY Change | 23.35% |
| Total Long-Term Assets | $3.210M |
| YoY Change | 83.43% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $4.240M |
| Total Long-Term Assets | $3.210M |
| Total Assets | $7.450M |
| YoY Change | -60.93% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.570M |
| YoY Change | 27.65% |
| Accrued Expenses | $3.920M |
| YoY Change | 36.59% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $8.490M |
| YoY Change | 31.63% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $710.0K |
| YoY Change | -79.42% |
| Total Long-Term Liabilities | $710.0K |
| YoY Change | -79.42% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $8.490M |
| Total Long-Term Liabilities | $710.0K |
| Total Liabilities | $9.200M |
| YoY Change | -7.07% |
| 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 | -$1.750M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $7.450M |
| YoY Change | -60.93% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$32.90M |
| YoY Change | 42.18% |
| Depreciation, Depletion And Amortization | $50.00K |
| YoY Change | 0.0% |
| Cash From Operating Activities | -$26.90M |
| YoY Change | 3.34% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$100.0K |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $20.00K |
| YoY Change | |
| Cash From Investing Activities | -$90.00K |
| YoY Change | |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 14.82M |
| YoY Change | -6.85% |
| NET CHANGE | |
| Cash From Operating Activities | -26.90M |
| Cash From Investing Activities | -90.00K |
| Cash From Financing Activities | 14.82M |
| Net Change In Cash | -12.17M |
| YoY Change | 20.26% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$26.90M |
| Capital Expenditures | -$100.0K |
| Free Cash Flow | -$26.80M |
| YoY Change | 2.96% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22582687 |
