2019 Form 10-K Financial Statement
#000155837020002576 Filed on March 13, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $37.50M |
| YoY Change | -24.11% |
| Cost Of Revenue | $19.17M |
| YoY Change | -20.38% |
| Gross Profit | $18.33M |
| YoY Change | -27.63% |
| Gross Profit Margin | 48.88% |
| Selling, General & Admin | $17.78M |
| YoY Change | -6.53% |
| % of Gross Profit | 96.98% |
| Research & Development | $14.18M |
| YoY Change | -40.0% |
| % of Gross Profit | 77.37% |
| Depreciation & Amortization | $1.690M |
| YoY Change | 16.55% |
| % of Gross Profit | 9.22% |
| Operating Expenses | $32.74M |
| YoY Change | -23.25% |
| Operating Profit | -$14.41M |
| YoY Change | -16.84% |
| Interest Expense | $747.0K |
| YoY Change | -183.93% |
| % of Operating Profit | |
| Other Income/Expense, Net | $490.0K |
| YoY Change | 6.52% |
| Pretax Income | -$14.67M |
| YoY Change | -17.36% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$14.67M |
| YoY Change | -17.36% |
| Net Earnings / Revenue | -39.11% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$847.0K |
| COMMON SHARES | |
| Basic Shares Outstanding | 17.32M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $14.49M |
| YoY Change | -38.02% |
| Cash & Equivalents | $14.49M |
| Short-Term Investments | |
| Other Short-Term Assets | $540.0K |
| YoY Change | -21.74% |
| Inventory | $7.860M |
| Prepaid Expenses | |
| Receivables | $5.800M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $28.69M |
| YoY Change | -29.49% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $6.610M |
| YoY Change | 54.08% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $70.00K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $6.680M |
| YoY Change | 53.21% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $28.69M |
| Total Long-Term Assets | $6.680M |
| Total Assets | $35.37M |
| YoY Change | -21.49% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.870M |
| YoY Change | 8.71% |
| Accrued Expenses | $4.310M |
| YoY Change | -6.51% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $670.0K |
| YoY Change | -88.8% |
| Total Short-Term Liabilities | $7.890M |
| YoY Change | -42.07% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $7.150M |
| YoY Change | 9.83% |
| Other Long-Term Liabilities | $1.840M |
| YoY Change | |
| Total Long-Term Liabilities | $8.990M |
| YoY Change | 38.1% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $7.890M |
| Total Long-Term Liabilities | $8.990M |
| Total Liabilities | $16.88M |
| YoY Change | -16.1% |
| 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 | $18.49M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $35.37M |
| YoY Change | -21.49% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$14.67M |
| YoY Change | -17.36% |
| Depreciation, Depletion And Amortization | $1.690M |
| YoY Change | 16.55% |
| Cash From Operating Activities | -$8.116M |
| YoY Change | -44.68% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $861.0K |
| YoY Change | -145.08% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$861.0K |
| YoY Change | -54.92% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 85.00K |
| YoY Change | -99.69% |
| NET CHANGE | |
| Cash From Operating Activities | -8.116M |
| Cash From Investing Activities | -861.0K |
| Cash From Financing Activities | 85.00K |
| Net Change In Cash | -8.892M |
| YoY Change | -185.17% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$8.116M |
| Capital Expenditures | $861.0K |
| Free Cash Flow | -$8.977M |
| YoY Change | -29.65% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17317042 |
