2012 Q2 Form 10-Q Financial Statement

#000110465912055942 Filed on August 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $679.0K $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $14.98M $2.300M
YoY Change 551.3% 33.72%
% of Gross Profit
Research & Development $10.07M $10.63M
YoY Change -5.27% 153.7%
% of Gross Profit
Depreciation & Amortization $263.0K $140.0K
YoY Change 87.86% 27.27%
% of Gross Profit
Operating Expenses $25.44M $13.20M
YoY Change 92.73% 115.33%
Operating Profit -$24.86M -$13.41M
YoY Change 85.4%
Interest Expense $210.0K $250.0K
YoY Change -16.0% -135.71%
% of Operating Profit
Other Income/Expense, Net -$1.782M
YoY Change
Pretax Income -$26.64M -$13.15M
YoY Change 102.59% 3.54%
Income Tax -$6.277M $0.00
% Of Pretax Income
Net Earnings -$20.36M -$13.15M
YoY Change 54.83% 22.9%
Net Earnings / Revenue -2998.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$75.97K -$89.96K
COMMON SHARES
Basic Shares Outstanding 139.6M shares
Diluted Shares Outstanding 139.6M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.80M $91.30M
YoY Change -59.69% 209.49%
Cash & Equivalents $23.40M $53.35M
Short-Term Investments $13.40M $37.90M
Other Short-Term Assets $4.800M
YoY Change
Inventory $800.0K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $48.50M $94.90M
YoY Change -48.89% 209.12%
LONG-TERM ASSETS
Property, Plant & Equipment $13.74M $247.5M
YoY Change -94.45% 3.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $226.0M
YoY Change
Other Assets $54.00K $5.200M
YoY Change -98.96% 6.12%
Total Long-Term Assets $1.089B $252.8M
YoY Change 330.66% 4.03%
TOTAL ASSETS
Total Short-Term Assets $48.50M $94.90M
Total Long-Term Assets $1.089B $252.8M
Total Assets $1.137B $347.7M
YoY Change 227.07% 27.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.200M $3.600M
YoY Change 127.78% 125.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.733M $4.600M
YoY Change 89.85% 100.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $400.0K $6.200M
YoY Change -93.55% -4.62%
Total Long-Term Liabilities $400.0K $6.200M
YoY Change -93.55% -4.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.733M $4.600M
Total Long-Term Liabilities $400.0K $6.200M
Total Liabilities $283.9M $89.40M
YoY Change 217.51% 2.41%
SHAREHOLDERS EQUITY
Retained Earnings -$433.7M
YoY Change
Common Stock $1.287B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $856.1M $258.3M
YoY Change
Total Liabilities & Shareholders Equity $1.137B $347.7M
YoY Change 227.07% 27.04%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income -$20.36M -$13.15M
YoY Change 54.83% 22.9%
Depreciation, Depletion And Amortization $263.0K $140.0K
YoY Change 87.86% 27.27%
Cash From Operating Activities $260.0K $160.0K
YoY Change 62.5% 6.67%
INVESTING ACTIVITIES
Capital Expenditures -$550.0K -$7.370M
YoY Change -92.54% 1170.69%
Acquisitions
YoY Change
Other Investing Activities $8.180M -$1.550M
YoY Change -627.74% -112.91%
Cash From Investing Activities $7.620M -$8.900M
YoY Change -185.62% -177.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 780.0K 490.0K
YoY Change 59.18% 512.5%
NET CHANGE
Cash From Operating Activities 260.0K 160.0K
Cash From Investing Activities 7.620M -8.900M
Cash From Financing Activities 780.0K 490.0K
Net Change In Cash 8.660M -8.250M
YoY Change -204.97% -170.82%
FREE CASH FLOW
Cash From Operating Activities $260.0K $160.0K
Capital Expenditures -$550.0K -$7.370M
Free Cash Flow $810.0K $7.530M
YoY Change -89.24% 931.51%

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