2019 Q2 Form 10-Q Financial Statement

#000143774919016799 Filed on August 14, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $2.258M $2.428M
YoY Change -7.03% -3.77%
Cost Of Revenue $752.2K $1.022M
YoY Change -26.37% 16.94%
Gross Profit $1.506M $1.407M
YoY Change 7.02% -14.74%
Gross Profit Margin 66.69% 57.93%
Selling, General & Admin $2.518M $2.822M
YoY Change -10.77% -8.46%
% of Gross Profit 167.23% 200.57%
Research & Development $95.53K $9.775K
YoY Change 877.28% -91.86%
% of Gross Profit 6.34% 0.69%
Depreciation & Amortization $25.46K $245.1K
YoY Change -89.62% 669.75%
% of Gross Profit 1.69% 17.42%
Operating Expenses $2.613M $2.832M
YoY Change -7.7% -11.58%
Operating Profit -$1.108M -$1.425M
YoY Change -22.24% -8.23%
Interest Expense $12.65K $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$2.563K -$1.756K
YoY Change 45.96% 71.48%
Pretax Income -$1.098M -$1.425M
YoY Change -22.94% -8.17%
Income Tax $14.16K $4.075K
% Of Pretax Income
Net Earnings -$1.041M -$1.343M
YoY Change -22.47% -9.18%
Net Earnings / Revenue -46.12% -55.3%
Basic Earnings Per Share -$0.02 -$0.04
Diluted Earnings Per Share -$0.02 -$0.04
COMMON SHARES
Basic Shares Outstanding 45.37M 35.30M
Diluted Shares Outstanding 45.37M 35.30M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.338M $870.0K
YoY Change 168.69% -70.51%
Cash & Equivalents $2.338M $865.7K
Short-Term Investments
Other Short-Term Assets $499.4K $2.280M
YoY Change -78.1% 145.16%
Inventory $1.270M $2.310M
Prepaid Expenses
Receivables $1.659M $1.840M
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.296M $10.98M
YoY Change -42.64% -4.54%
LONG-TERM ASSETS
Property, Plant & Equipment $65.67K $105.5K
YoY Change -37.77% -38.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.36K $26.88K
YoY Change -35.43% 0.0%
Total Long-Term Assets $491.8K $2.453M
YoY Change -79.95% 53.54%
TOTAL ASSETS
Total Short-Term Assets $6.296M $10.98M
Total Long-Term Assets $491.8K $2.453M
Total Assets $6.788M $13.43M
YoY Change -49.45% 2.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.193M $1.365M
YoY Change -12.65% 38.53%
Accrued Expenses $1.465M $1.938M
YoY Change -24.4% 17.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.951M $8.110M
YoY Change -26.62% 100.96%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.951M $8.110M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $5.951M $8.110M
YoY Change -26.62% 49.2%
SHAREHOLDERS EQUITY
Retained Earnings -$87.82M -$81.78M
YoY Change 7.38% 8.52%
Common Stock $89.61M $87.87M
YoY Change 1.98% 5.06%
Preferred Stock
YoY Change
Treasury Stock (at cost) $911.5K $911.5K
YoY Change 0.0% 0.0%
Treasury Stock Shares $33.33K $33.33K
Shareholders Equity $871.2K $5.171M
YoY Change
Total Liabilities & Shareholders Equity $6.788M $13.43M
YoY Change -49.45% 2.54%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$1.041M -$1.343M
YoY Change -22.47% -9.18%
Depreciation, Depletion And Amortization $25.46K $245.1K
YoY Change -89.62% 669.75%
Cash From Operating Activities -$402.1K -$980.0K
YoY Change -58.97% 1125.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -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 0.000 -250.0K
YoY Change -100.0% -292.31%
NET CHANGE
Cash From Operating Activities -402.1K -980.0K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 0.000 -250.0K
Net Change In Cash -402.1K -1.230M
YoY Change -67.31% -12400.0%
FREE CASH FLOW
Cash From Operating Activities -$402.1K -$980.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$402.1K -$980.0K
YoY Change -58.97% 2350.0%

Facts In Submission

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1406925
us-gaap Gross Profit
GrossProfit
2802883
us-gaap Gross Profit
GrossProfit
2649853
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1500000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1424517
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1876911
us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
243360
us-gaap Increase Decrease In Accounts Receivable
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-319537
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-100000
us-gaap Increase Decrease In Accounts Receivable Related Parties
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us-gaap Increase Decrease In Accounts Payable Related Parties
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
49100
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
115374
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
58664
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
78591
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14163
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4075
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18627
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15538
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-12573
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
511632
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
284128
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
623014
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-99997
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1092540
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-50000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
686365
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-652631
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-778530
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-9523
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-7978
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
48343
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
188
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1926
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1207
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4590
CY2019Q2 us-gaap Inventory Net
InventoryNet
1270480
CY2018Q4 us-gaap Inventory Net
InventoryNet
1921051
CY2019Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
754000
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
763000
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
81544
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
123918
us-gaap Inventory Write Down
InventoryWriteDown
-2061
us-gaap Inventory Write Down
InventoryWriteDown
290349
CY2019Q2 us-gaap Lease Cost
LeaseCost
39554
us-gaap Lease Cost
LeaseCost
79109
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
95085
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
15976
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
79109
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2255
CY2019Q2 us-gaap Liabilities
Liabilities
5950857
CY2018Q4 us-gaap Liabilities
Liabilities
4872760
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6788289
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6400968
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
5950857
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4872760
CY2019Q2 us-gaap Minority Interest
MinorityInterest
-33804
CY2018Q4 us-gaap Minority Interest
MinorityInterest
-11402
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2224547
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-250000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8104
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4531
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-622279
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1516771
us-gaap Operating Expenses
OperatingExpenses
4728898
us-gaap Operating Expenses
OperatingExpenses
6076193
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1107831
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4531
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8104
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-1041284
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-1343007
us-gaap Net Income Loss
NetIncomeLoss
-1824036
us-gaap Net Income Loss
NetIncomeLoss
-3216714
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-11959
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6994
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22402
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-108657
CY2019Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
60
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Open Tax Year
OpenTaxYear
2015 2016 2017
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
2613499
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
2831612
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1424687
us-gaap Operating Income Loss
OperatingIncomeLoss
-1926015
us-gaap Operating Income Loss
OperatingIncomeLoss
-3426340
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
39554
us-gaap Operating Lease Cost
OperatingLeaseCost
79109
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
166292
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
92830
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
92830
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
us-gaap Operating Lease Payments
OperatingLeasePayments
79109
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
166292
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
92830
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.092
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P21D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
175557
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four And Five Years
OperatingLeasesFutureMinimumPaymentsDueInFourAndFiveYears
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two And Three Years
OperatingLeasesFutureMinimumPaymentsDueInTwoAndThreeYears
16419
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
159138
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
17355
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
26878
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2563
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1756
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4825
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3457
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
7000
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
7000
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
7
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
406563
CY2019Q2 us-gaap Share Price
SharePrice
0.36
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
82557
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2257851
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2428498
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4173759
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4234103
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
414541
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=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3.</div>&nbsp; Reclassifications</div></div> <div style=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div> <div style=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;">Certain reclassifications have been made to the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>&nbsp;financial statements to conform to the condensed&nbsp; consolidated <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019</div>&nbsp;financial statement presentation. These reclassifications had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> effect on net loss or cash flows as previously reported.</div></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1974547
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
CY2019Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
250000
CY2014Q2 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
10000000
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
250000
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
us-gaap Profit Loss
ProfitLoss
-1846437
us-gaap Profit Loss
ProfitLoss
-3325371
CY2019Q2 us-gaap Profit Loss
ProfitLoss
-1053243
CY2018Q2 us-gaap Profit Loss
ProfitLoss
-1350001
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-793195
CY2018Q1 us-gaap Profit Loss
ProfitLoss
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65668
CY2019Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
95529
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9775
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
101875
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
235592
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-87823965
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-85999929
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2517970
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2821837
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4627023
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5840601
us-gaap Share Based Compensation
ShareBasedCompensation
101700
us-gaap Share Based Compensation
ShareBasedCompensation
170901
us-gaap Stock Issued1
StockIssued1
us-gaap Stock Issued1
StockIssued1
286602
CY2018Q2 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
286602
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7500
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
15000
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
37500
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
871236
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1539610
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1528208
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2726502
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
837432
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7500628
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5951567
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5319509
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
33333
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
33333
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
911516
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
911516
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
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=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">4.</div>&nbsp; Use of Estimates</div></div> <div style=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;">&nbsp;</div> <div style=" font-family: &quot;Times New Roman&quot;; font-size: 9pt; margin: 0pt; text-align: left;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions in determining the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to the allowance for doubtful accounts, inventory valuation, and cash flow assumptions regarding evaluations for impairment of long-lived assets and going concern considerations, and valuation allowances on deferred tax assets. Actual results could differ from those estimates<div style="display: inline; font-weight: bold;">.</div></div></div></div>
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45366237
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35297906
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41904581
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34939306
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45366237
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35297906
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41904581
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34939306

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