2016 Form 10-K Financial Statement
#000155837017002252 Filed on March 29, 2017
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $27.09M |
| YoY Change | 2.03% |
| Cost Of Revenue | $12.40M |
| YoY Change | -1.35% |
| Gross Profit | $14.70M |
| YoY Change | 5.15% |
| Gross Profit Margin | 54.26% |
| Selling, General & Admin | $10.99M |
| YoY Change | 5.77% |
| % of Gross Profit | 74.76% |
| Research & Development | $19.23M |
| YoY Change | -8.99% |
| % of Gross Profit | 130.82% |
| Depreciation & Amortization | $820.0K |
| YoY Change | -38.81% |
| % of Gross Profit | 5.58% |
| Operating Expenses | $30.22M |
| YoY Change | -4.09% |
| Operating Profit | -$15.52M |
| YoY Change | -11.47% |
| Interest Expense | -$2.350M |
| YoY Change | 261.54% |
| % of Operating Profit | |
| Other Income/Expense, Net | $1.160M |
| YoY Change | 11500.0% |
| Pretax Income | -$16.71M |
| YoY Change | -8.09% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$16.71M |
| YoY Change | -8.09% |
| Net Earnings / Revenue | -61.68% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$3.525M |
| COMMON SHARES | |
| Basic Shares Outstanding | 5.117M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $29.73M |
| YoY Change | 1187.01% |
| Cash & Equivalents | $29.73M |
| Short-Term Investments | |
| Other Short-Term Assets | $1.050M |
| YoY Change | 452.63% |
| Inventory | $5.070M |
| Prepaid Expenses | |
| Receivables | $3.170M |
| Other Receivables | $490.0K |
| Total Short-Term Assets | $39.50M |
| YoY Change | 331.69% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.920M |
| YoY Change | 16.36% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $50.00K |
| YoY Change | 66.67% |
| Total Long-Term Assets | $1.970M |
| YoY Change | 8.84% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $39.50M |
| Total Long-Term Assets | $1.970M |
| Total Assets | $41.47M |
| YoY Change | 278.38% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.500M |
| YoY Change | 29.31% |
| Accrued Expenses | $1.330M |
| YoY Change | 3.1% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $3.880M |
| YoY Change | 228.81% |
| Total Short-Term Liabilities | $10.38M |
| YoY Change | 11.13% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $4.220M |
| YoY Change | -41.23% |
| Other Long-Term Liabilities | $0.00 |
| YoY Change | -100.0% |
| Total Long-Term Liabilities | $4.220M |
| YoY Change | -43.05% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $10.38M |
| Total Long-Term Liabilities | $4.220M |
| Total Liabilities | $14.60M |
| YoY Change | -12.84% |
| 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 | $26.87M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $41.47M |
| YoY Change | 278.38% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$16.71M |
| YoY Change | -8.09% |
| Depreciation, Depletion And Amortization | $820.0K |
| YoY Change | -38.81% |
| Cash From Operating Activities | -$18.54M |
| YoY Change | 73.76% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.040M |
| YoY Change | -20.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$1.040M |
| YoY Change | -20.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 47.00M |
| YoY Change | 910.75% |
| NET CHANGE | |
| Cash From Operating Activities | -18.54M |
| Cash From Investing Activities | -1.040M |
| Cash From Financing Activities | 47.00M |
| Net Change In Cash | 27.42M |
| YoY Change | -474.59% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$18.54M |
| Capital Expenditures | -$1.040M |
| Free Cash Flow | -$17.50M |
| YoY Change | 86.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5117226 |
