2017 Form 10-K Financial Statement
#000155837018002138 Filed on March 15, 2018
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $35.94M |
| YoY Change | 32.67% |
| Cost Of Revenue | $14.45M |
| YoY Change | 16.53% |
| Gross Profit | $21.49M |
| YoY Change | 46.19% |
| Gross Profit Margin | 59.79% |
| Selling, General & Admin | $16.26M |
| YoY Change | 47.95% |
| % of Gross Profit | 75.66% |
| Research & Development | $25.44M |
| YoY Change | 32.29% |
| % of Gross Profit | 118.38% |
| Depreciation & Amortization | $1.190M |
| YoY Change | 45.12% |
| % of Gross Profit | 5.54% |
| Operating Expenses | $41.69M |
| YoY Change | 37.95% |
| Operating Profit | -$20.20M |
| YoY Change | 30.15% |
| Interest Expense | -$760.0K |
| YoY Change | -67.66% |
| % of Operating Profit | |
| Other Income/Expense, Net | $120.0K |
| YoY Change | -89.66% |
| Pretax Income | -$21.10M |
| YoY Change | 26.27% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$21.10M |
| YoY Change | 26.27% |
| Net Earnings / Revenue | -58.71% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$1.691M |
| COMMON SHARES | |
| Basic Shares Outstanding | 12.64M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $12.95M |
| YoY Change | -56.44% |
| Cash & Equivalents | $12.95M |
| Short-Term Investments | |
| Other Short-Term Assets | $590.0K |
| YoY Change | -43.81% |
| Inventory | $9.840M |
| Prepaid Expenses | |
| Receivables | $4.040M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $27.42M |
| YoY Change | -30.58% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.950M |
| YoY Change | 105.73% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $70.00K |
| YoY Change | 40.0% |
| Total Long-Term Assets | $4.020M |
| YoY Change | 104.06% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $27.42M |
| Total Long-Term Assets | $4.020M |
| Total Assets | $31.44M |
| YoY Change | -24.19% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.920M |
| YoY Change | 94.67% |
| Accrued Expenses | $3.520M |
| YoY Change | 164.66% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $3.990M |
| YoY Change | 2.84% |
| Total Short-Term Liabilities | $12.38M |
| YoY Change | 19.27% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $8.180M |
| YoY Change | 93.84% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $8.180M |
| YoY Change | 93.84% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $12.38M |
| Total Long-Term Liabilities | $8.180M |
| Total Liabilities | $20.55M |
| YoY Change | 40.75% |
| 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 | $10.88M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $31.44M |
| YoY Change | -24.19% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$21.10M |
| YoY Change | 26.27% |
| Depreciation, Depletion And Amortization | $1.190M |
| YoY Change | 45.12% |
| Cash From Operating Activities | -$18.89M |
| YoY Change | 1.89% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$3.070M |
| YoY Change | 195.19% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$3.070M |
| YoY Change | 195.19% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 5.180M |
| YoY Change | -88.98% |
| NET CHANGE | |
| Cash From Operating Activities | -18.89M |
| Cash From Investing Activities | -3.070M |
| Cash From Financing Activities | 5.180M |
| Net Change In Cash | -16.78M |
| YoY Change | -161.2% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$18.89M |
| Capital Expenditures | -$3.070M |
| Free Cash Flow | -$15.82M |
| YoY Change | -9.6% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12640094 |
