2015 Q4 Form 10-K Financial Statement

#000119312516505366 Filed on March 15, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 2014 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $51.80M $64.75M
YoY Change
Gross Profit -$51.80M -$64.75M
YoY Change
Gross Profit Margin
Selling, General & Admin $8.300M $40.96M $12.50M
YoY Change -33.6% -48.4% -28.98%
% of Gross Profit
Research & Development $6.200M $29.67M $17.60M
YoY Change -64.77% -70.4% -39.31%
% of Gross Profit
Depreciation & Amortization $3.190M $11.00M $3.010M
YoY Change 5.98% 12.24% -23.8%
% of Gross Profit
Operating Expenses $14.50M $344.7M $30.10M
YoY Change -51.83% 91.87% -35.41%
Operating Profit -$66.30M -$344.7M
YoY Change 91.87%
Interest Expense -$4.100M $24.10M -$6.400M
YoY Change -35.94% 18.14% 1.59%
% of Operating Profit
Other Income/Expense, Net -$100.0K -$23.79M $0.00
YoY Change 26.85% -100.0%
Pretax Income -$277.0M -$368.4M -$36.40M
YoY Change 660.99% 85.73% -32.09%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$277.0M -$368.4M -$36.44M
YoY Change 660.23% 85.73% -31.99%
Net Earnings / Revenue
Basic Earnings Per Share -$4.54
Diluted Earnings Per Share -$3.302M -$4.54 -$458.4K
COMMON SHARES
Basic Shares Outstanding 409.5M shares 81.23M 405.7M shares
Diluted Shares Outstanding 81.23M

Balance Sheet

Concept 2015 Q4 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $59.10M $59.10M $120.8M
YoY Change -51.08% -51.08% 70.62%
Cash & Equivalents $59.07M $59.10M $120.8M
Short-Term Investments
Other Short-Term Assets $17.50M $17.50M $20.20M
YoY Change -13.37% -13.37% 267.27%
Inventory $0.00 $0.00 $9.670M
Prepaid Expenses $15.00M $15.00M
Receivables $23.00K $0.00 $50.44M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $76.65M $76.70M $201.2M
YoY Change -61.89% -61.88% 163.72%
LONG-TERM ASSETS
Property, Plant & Equipment $48.75M $48.70M $192.1M
YoY Change -74.63% -74.65% 8.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.009M $1.000M $848.0K
YoY Change 18.99% -16.67% -84.63%
Total Long-Term Assets $49.76M $49.70M $193.3M
YoY Change -74.26% -74.28% 5.99%
TOTAL ASSETS
Total Short-Term Assets $76.65M $76.70M $201.2M
Total Long-Term Assets $49.76M $49.70M $193.3M
Total Assets $126.4M $126.4M $394.4M
YoY Change -67.95% -67.95% 52.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.60M $15.60M $7.394M
YoY Change 110.97% 110.81% 91.55%
Accrued Expenses $7.929M $6.300M $26.21M
YoY Change -69.74% -63.58% 21.13%
Deferred Revenue
YoY Change
Short-Term Debt $74.60M $74.60M $73.00M
YoY Change 2.19% 2.19% -28.64%
Long-Term Debt Due $0.00 $0.00 $99.40M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $268.3M $268.3M $403.4M
YoY Change -33.48% -33.49% 215.63%
LONG-TERM LIABILITIES
Long-Term Debt $139.5M $139.5M $52.60M
YoY Change 165.21% 165.21% -64.46%
Other Long-Term Liabilities $15.23M $68.90M $12.30M
YoY Change 23.77% 460.16% -9.58%
Total Long-Term Liabilities $15.23M $208.4M $12.30M
YoY Change 23.77% 221.11% -9.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $268.3M $268.3M $403.4M
Total Long-Term Liabilities $15.23M $208.4M $12.30M
Total Liabilities $476.7M $476.7M $468.2M
YoY Change 1.82% 1.82% 61.81%
SHAREHOLDERS EQUITY
Retained Earnings -$2.863B -$2.495B
YoY Change 14.77% 8.64%
Common Stock $2.513B $2.421B
YoY Change 3.8% 6.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$350.3M -$350.3M -$73.77M
YoY Change
Total Liabilities & Shareholders Equity $126.4M $126.4M $394.4M
YoY Change -67.95% -67.95% 52.5%

Cashflow Statement

Concept 2015 Q4 2015 2014 Q4
OPERATING ACTIVITIES
Net Income -$277.0M -$368.4M -$36.44M
YoY Change 660.23% 85.73% -31.99%
Depreciation, Depletion And Amortization $3.190M $11.00M $3.010M
YoY Change 5.98% 12.24% -23.8%
Cash From Operating Activities -$22.55M -$57.23M -$35.74M
YoY Change -36.91% -1499.27% 4.96%
INVESTING ACTIVITIES
Capital Expenditures -$320.0K $10.29M -$4.970M
YoY Change -93.56% -57.32% -19.45%
Acquisitions
YoY Change
Other Investing Activities $0.00 $80.00K -$9.250M
YoY Change -100.0%
Cash From Investing Activities -$310.0K -$10.20M -$14.22M
YoY Change -97.82% -57.68% 130.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $28.39M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 49.01M 5.670M -1.670M
YoY Change -3034.73% -91.91% -109.71%
NET CHANGE
Cash From Operating Activities -22.55M -57.23M -35.74M
Cash From Investing Activities -310.0K -10.20M -14.22M
Cash From Financing Activities 49.01M 5.670M -1.670M
Net Change In Cash 26.15M -61.76M -51.63M
YoY Change -150.65% -223.4% 124.28%
FREE CASH FLOW
Cash From Operating Activities -$22.55M -$57.23M -$35.74M
Capital Expenditures -$320.0K $10.29M -$4.970M
Free Cash Flow -$22.23M -$67.52M -$30.77M
YoY Change -27.75% 237.46% 10.37%

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0.6976 pure
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