2018 Form 10-K Financial Statement
#000155837019002175 Filed on March 15, 2019
Income Statement
| Concept | 2018 |
|---|---|
| Revenue | $49.42M |
| YoY Change | 37.51% |
| Cost Of Revenue | $24.08M |
| YoY Change | 66.64% |
| Gross Profit | $25.33M |
| YoY Change | 17.87% |
| Gross Profit Margin | 51.25% |
| Selling, General & Admin | $19.02M |
| YoY Change | 16.97% |
| % of Gross Profit | 75.09% |
| Research & Development | $23.64M |
| YoY Change | -7.08% |
| % of Gross Profit | 93.33% |
| Depreciation & Amortization | $1.450M |
| YoY Change | 21.85% |
| % of Gross Profit | 5.72% |
| Operating Expenses | $42.66M |
| YoY Change | 2.33% |
| Operating Profit | -$17.33M |
| YoY Change | -14.21% |
| Interest Expense | -$890.0K |
| YoY Change | 17.11% |
| % of Operating Profit | |
| Other Income/Expense, Net | $460.0K |
| YoY Change | 283.33% |
| Pretax Income | -$17.75M |
| YoY Change | -15.88% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$17.75M |
| YoY Change | -15.88% |
| Net Earnings / Revenue | -35.92% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$1.084M |
| COMMON SHARES | |
| Basic Shares Outstanding | 16.41M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $23.38M |
| YoY Change | 80.54% |
| Cash & Equivalents | $23.38M |
| Short-Term Investments | |
| Other Short-Term Assets | $690.0K |
| YoY Change | 16.95% |
| Inventory | $9.100M |
| Prepaid Expenses | |
| Receivables | $7.520M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $40.69M |
| YoY Change | 48.4% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $4.290M |
| YoY Change | 8.61% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $70.00K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $4.360M |
| YoY Change | 8.46% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $40.69M |
| Total Long-Term Assets | $4.360M |
| Total Assets | $45.05M |
| YoY Change | 43.29% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.640M |
| YoY Change | -9.59% |
| Accrued Expenses | $4.610M |
| YoY Change | 30.97% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $5.980M |
| YoY Change | 49.87% |
| Total Short-Term Liabilities | $13.62M |
| YoY Change | 10.02% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $6.510M |
| YoY Change | -20.42% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $6.510M |
| YoY Change | -20.42% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $13.62M |
| Total Long-Term Liabilities | $6.510M |
| Total Liabilities | $20.12M |
| YoY Change | -2.09% |
| 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 | $24.92M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $45.05M |
| YoY Change | 43.29% |
Cashflow Statement
| Concept | 2018 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$17.75M |
| YoY Change | -15.88% |
| Depreciation, Depletion And Amortization | $1.450M |
| YoY Change | 21.85% |
| Cash From Operating Activities | -$14.67M |
| YoY Change | -22.34% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.910M |
| YoY Change | -37.79% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$1.910M |
| YoY Change | -37.79% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 27.02M |
| YoY Change | 421.62% |
| NET CHANGE | |
| Cash From Operating Activities | -14.67M |
| Cash From Investing Activities | -1.910M |
| Cash From Financing Activities | 27.02M |
| Net Change In Cash | 10.44M |
| YoY Change | -162.22% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$14.67M |
| Capital Expenditures | -$1.910M |
| Free Cash Flow | -$12.76M |
| YoY Change | -19.34% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16413733 |
