2018 Q4 Form 10-K Financial Statement
#000149315219004545 Filed on April 01, 2019
Income Statement
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $1.440M | $4.830M | $1.340M |
| YoY Change | 7.46% | 15.83% | -82.39% |
| % of Gross Profit | |||
| Research & Development | $650.0K | $2.700M | $200.0K |
| YoY Change | 225.0% | 145.45% | -33.33% |
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | $50.00K | $0.00 |
| YoY Change | 150.0% | ||
| % of Gross Profit | |||
| Operating Expenses | $2.080M | $7.240M | $1.540M |
| YoY Change | 35.06% | 37.38% | -80.53% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | -$40.00K | -$20.00K | -$50.00K |
| YoY Change | -20.0% | -150.0% | -123.81% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$2.130M | -$7.260M | -$1.590M |
| YoY Change | 33.96% | -4.35% | -79.35% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | -$2.130M | $7.240M | -$1.590M |
| YoY Change | 33.96% | -195.39% | -79.35% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$712.4K | -$2.503M | -$611.5K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $5.240M | $5.240M | $10.79M |
| YoY Change | -51.44% | -51.44% | 298.15% |
| Cash & Equivalents | $5.240M | $5.240M | $10.79M |
| Short-Term Investments | |||
| Other Short-Term Assets | $600.0K | $530.0K | $110.0K |
| YoY Change | 445.45% | 381.82% | -81.67% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $5.830M | $5.830M | $10.93M |
| YoY Change | -46.66% | -46.66% | 229.22% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $260.0K | $260.0K | $90.00K |
| YoY Change | 188.89% | 188.89% | 80.0% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $260.0K | $260.0K | $90.00K |
| YoY Change | 188.89% | 188.89% | 80.0% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $5.830M | $5.830M | $10.93M |
| Total Long-Term Assets | $260.0K | $260.0K | $90.00K |
| Total Assets | $6.090M | $6.090M | $11.02M |
| YoY Change | -44.74% | -44.74% | 227.0% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $630.0K | $630.0K | $80.00K |
| YoY Change | 687.5% | 687.5% | -84.38% |
| Accrued Expenses | $4.130M | $3.440M | $60.00K |
| YoY Change | 6783.33% | 5633.33% | -77.86% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $4.760M | $4.760M | $530.0K |
| YoY Change | 798.11% | 798.11% | -32.31% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Other Long-Term Liabilities | $10.00K | $10.00K | $30.00K |
| YoY Change | -66.67% | -66.67% | -90.32% |
| Total Long-Term Liabilities | $10.00K | $10.00K | $30.00K |
| YoY Change | -66.67% | -66.67% | -92.31% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $4.760M | $4.760M | $530.0K |
| Total Long-Term Liabilities | $10.00K | $10.00K | $30.00K |
| Total Liabilities | $4.770M | $4.770M | $560.0K |
| YoY Change | 751.79% | 751.79% | -52.14% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$27.86M | ||
| YoY Change | |||
| Common Stock | $32.57M | $27.00K | |
| YoY Change | 120525.93% | -89.85% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.320M | $1.320M | $10.46M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $6.090M | $6.090M | $11.02M |
| YoY Change | -44.74% | -44.74% | 227.2% |
Cashflow Statement
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$2.130M | $7.240M | -$1.590M |
| YoY Change | 33.96% | -195.39% | -79.35% |
| Depreciation, Depletion And Amortization | $0.00 | $50.00K | $0.00 |
| YoY Change | 150.0% | ||
| Cash From Operating Activities | -$1.430M | -$5.310M | -$1.310M |
| YoY Change | 9.16% | 9.26% | 6450.0% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $20.00K | -$220.0K | -$30.00K |
| YoY Change | -166.67% | 266.67% | 0.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | $20.00K | -$220.0K | $0.00 |
| YoY Change | 266.67% | -100.0% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -20.00K | -20.00K | 400.0K |
| YoY Change | -105.0% | -100.15% | -81.65% |
| NET CHANGE | |||
| Cash From Operating Activities | -1.430M | -5.310M | -1.310M |
| Cash From Investing Activities | 20.00K | -220.0K | 0.000 |
| Cash From Financing Activities | -20.00K | -20.00K | 400.0K |
| Net Change In Cash | -1.430M | -5.550M | -910.0K |
| YoY Change | 57.14% | -168.52% | -142.72% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$1.430M | -$5.310M | -$1.310M |
| Capital Expenditures | $20.00K | -$220.0K | -$30.00K |
| Free Cash Flow | -$1.450M | -$5.090M | -$1.280M |
| YoY Change | 13.28% | 6.04% | -12900.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
237000 | USD |
| CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2013193 | shares |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
414965 | shares |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
174328 | shares |
| CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
272090 | shares |
| CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.70 | |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.95 | |
| CY2017 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
16.50 | |
| 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 Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
||
| CY2017 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P9Y3M19D | |
| CY2018 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6986000 | USD |
| CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
6007000 | USD |
| CY2017Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
414965 | shares |
| CY2017Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
142875 | shares |
| CY2017 | MBOT |
Exercise Warrants
ExerciseWarrants
|
USD | |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
1859000 | USD |
| CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
3739000 | USD |
| CY2018 | MBOT |
Derivative Warrant Liabilities Expired
DerivativeWarrantLiabilitiesExpired
|
USD | |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
142875 | shares |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
1.95 | |
| CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
1375000 | USD |
| CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
27000 | USD |
| CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
31000 | USD |
| CY2018 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2904253 | shares |
| CY2017 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2178827 | shares |
| CY2018 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.41 | |
| CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3012343 | shares |
| CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2013193 | shares |
| CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3012343 | shares |
| CY2017 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.76 | |
| CY2018 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
254000 | USD |
| CY2017 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1582000 | USD |
| CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2017 | MBOT |
Stock Issued During Period Value Cashless Exercise Of Warrants
StockIssuedDuringPeriodValueCashlessExerciseOfWarrants
|
USD | |
| CY2017 | MBOT |
Stock Issued During Period Shares Stock Option Exercised
StockIssuedDuringPeriodSharesStockOptionExercised
|
-31453 | shares |
| CY2018 | us-gaap |
Profit Loss
ProfitLoss
|
7240000 | USD |
