2012 Q1 Form 10-K Financial Statement
#000117891312000920 Filed on March 30, 2012
Income Statement
Concept | 2012 Q1 | 2010 Q4 | 2010 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $310.0K | $130.0K | $130.0K |
YoY Change | 933.33% | -7.14% | 30.0% |
% of Gross Profit | |||
Research & Development | 297.0K ILs | $0.00 | 3.642M ILs |
YoY Change | -25.38% | 884.32% | |
% of Gross Profit | |||
Depreciation & Amortization | 13.00K ILs | $10.00K | 31.00K ILs |
YoY Change | 62.5% | ||
% of Gross Profit | |||
Operating Expenses | 1.475M ILs | $130.0K | 4.218M ILs |
YoY Change | 184.2% | -103.01% | 778.75% |
Operating Profit | -1.475M ILs | -4.218M ILs | |
YoY Change | 184.2% | ||
Interest Expense | $10.00K | $20.00K | $0.00 |
YoY Change | -200.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | 46.00K ILs | -485.0K ILs | |
YoY Change | 53.33% | -2525.0% | |
Pretax Income | -$380.0K | -$110.0K | -$1.230M |
YoY Change | 171.43% | -102.56% | 167.39% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -1.429M ILs | -$110.0K | -4.703M ILs |
YoY Change | 192.23% | -102.56% | 174.23% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$6.33 | -$26.34 | -$41.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 23.81M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q1 | 2010 Q4 | 2010 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $20.00K | $260.0K | $260.0K |
YoY Change | -33.33% | 0.0% | 0.0% |
Cash & Equivalents | 90.00K ILs | 922.0K ILs | $260.0K |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | ||
YoY Change | -100.0% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | $90.00K | $40.00K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | 420.0K ILs | 1.055M ILs | $300.0K |
YoY Change | 281.82% | 210.29% | -11.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | 217.0K ILs | $80.00K | $80.00K |
YoY Change | 210.0% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | 217.0K ILs | 268.0K ILs | $80.00K |
YoY Change | 171.25% | 2580.0% | 700.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | 420.0K ILs | 1.055M ILs | $300.0K |
Total Long-Term Assets | 217.0K ILs | 268.0K ILs | $80.00K |
Total Assets | 637.0K ILs | 1.323M ILs | $380.0K |
YoY Change | 235.26% | 278.0% | 8.57% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $470.0K | $130.0K | $130.0K |
YoY Change | 571.43% | -56.67% | -56.67% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | 3.061M ILs | 459.0K ILs | $130.0K |
YoY Change | 4272.86% | -30.45% | -80.3% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $70.00K | $90.00K | $90.00K |
YoY Change | -22.22% | ||
Total Long-Term Liabilities | 185.0K ILs | 1.039M ILs | $90.00K |
YoY Change | 105.56% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | 3.061M ILs | 459.0K ILs | $130.0K |
Total Long-Term Liabilities | 185.0K ILs | 1.039M ILs | $90.00K |
Total Liabilities | 3.246M ILs | 1.498M ILs | $220.0K |
YoY Change | 1928.75% | 126.97% | -66.67% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -11.59M ILs | -9.117M ILs | |
YoY Change | |||
Common Stock | 93.00K ILs | 38.00K ILs | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -2.609M ILs | -175.0K ILs | $160.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | 637.0K ILs | 1.323M ILs | $380.0K |
YoY Change | 235.26% | 278.0% | 8.57% |
Cashflow Statement
Concept | 2012 Q1 | 2010 Q4 | 2010 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -1.429M ILs | -$110.0K | -4.703M ILs |
YoY Change | 192.23% | -102.56% | 174.23% |
Depreciation, Depletion And Amortization | 13.00K ILs | $10.00K | 31.00K ILs |
YoY Change | 62.5% | ||
Cash From Operating Activities | -938.0K ILs | -$340.0K | -3.094M ILs |
YoY Change | 14.81% | -189.47% | 673.5% |
INVESTING ACTIVITIES | |||
Capital Expenditures | 5.000K ILs | -195.0K ILs | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$60.00K | -$50.00K |
YoY Change | -60.0% | 66.67% | |
Cash From Investing Activities | -5.000K ILs | -$60.00K | -195.0K ILs |
YoY Change | -60.0% | 550.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | 104.0K ILs | 0.000 ILs | |
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 104.0K ILs | 730.0K | 3.465M ILs |
YoY Change | -417.39% | ||
NET CHANGE | |||
Cash From Operating Activities | -938.0K ILs | -340.0K | -3.094M ILs |
Cash From Investing Activities | -5.000K ILs | -60.00K | -195.0K ILs |
Cash From Financing Activities | 104.0K ILs | 730.0K | 3.465M ILs |
Net Change In Cash | -839.0K ILs | 330.0K | 176.0K ILs |
YoY Change | 2.69% | -140.93% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -938.0K ILs | -$340.0K | -3.094M ILs |
Capital Expenditures | 5.000K ILs | -195.0K ILs | |
Free Cash Flow | -943.0K ILs | -2.899M ILs | |
YoY Change | 15.42% |
Facts In Submission
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|
411000 | ILS |
CY2010Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
133000 | ILS |
CY2011 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
ILS | |
CY2010 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
ILS | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
4586000 | ILS | |
CY2011 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
ILS | |
CY2010 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
1870000 | ILS |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
1870000 | ILS | |
CY2011 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1352000 | ILS |
CY2010 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
ILS | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1352000 | ILS | |
CY2011 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
ILS | |
CY2010 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1595000 | ILS |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
1595000 | ILS | |
CY2011 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
734000 | ILS |
CY2010 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3642000 | ILS |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7890000 | ILS | |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10159000 | ILS |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-9117000 | ILS |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-481000 | ILS |
CY2010 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1012000 | ILS |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
977000 | ILS | |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1545000 | ILS |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-175000 | ILS |
CY2009Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
566000 | ILS |
CY2008Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2281000 | ILS |
CY2007Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
928000 | ILS |
CY2007Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
ILS | |
CY2011 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
858000 | ILS |
CY2010 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
207000 | ILS |
CY2008 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2605000 | ILS |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1981000 | ILS | |
CY2011 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
ILS | |
CY2010 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
3346000 | ILS |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
1743000 | ILS | |
CY2011 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
310000 | ILS |
CY2010 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-399000 | ILS |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-89000 | ILS | |
CY2011Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
175000 | ILS |
CY2010Q4 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
966000 | ILS |