2015 Q4 Form 10-K Financial Statement

#000156459016014868 Filed on March 15, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q2 2015 Q1
Revenue $27.28M $24.37M $23.03M
YoY Change 9.12% 17.9% 26.64%
Cost Of Revenue $15.10M $13.56M $13.48M
YoY Change 11.85% 29.97% 42.32%
Gross Profit $12.23M $10.81M $9.544M
YoY Change 6.59% 5.61% 9.59%
Gross Profit Margin 44.82% 44.37% 41.45%
Selling, General & Admin $15.60M $9.982M $9.436M
YoY Change 60.82% 10.57% 22.75%
% of Gross Profit 127.58% 92.31% 98.87%
Research & Development $1.900M $803.0K $669.0K
YoY Change 375.0% 26.86% 6.53%
% of Gross Profit 15.54% 7.43% 7.01%
Depreciation & Amortization $1.890M $1.760M $1.586M
YoY Change 25.17% 35.38% 37.79%
% of Gross Profit 15.46% 16.28% 16.62%
Operating Expenses $17.40M $10.79M $10.11M
YoY Change 70.59% 11.63% 21.53%
Operating Profit -$5.172M $28.00K -$561.0K
YoY Change -506.6% -95.16% -242.39%
Interest Expense -$200.0K -$200.0K -$200.0K
YoY Change 0.0% -33.33% -175.47%
% of Operating Profit -714.29%
Other Income/Expense, Net $2.000M -$189.0K -$195.0K
YoY Change -25.3% -26.42%
Pretax Income -$3.400M -$161.0K -$756.0K
YoY Change -409.09% -149.54% -686.05%
Income Tax -$2.000M $15.00K $5.000K
% Of Pretax Income
Net Earnings -$1.473M -$176.0K -$761.0K
YoY Change -240.69% -164.23% -846.08%
Net Earnings / Revenue -5.4% -0.72% -3.3%
Basic Earnings Per Share -$0.03 $0.00 -$0.01
Diluted Earnings Per Share -$0.03 $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 60.86M 60.43M 60.28M
Diluted Shares Outstanding 60.86M 60.43M 60.28M

Balance Sheet

Concept 2015 Q4 2015 Q2 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.40M $33.00M $31.20M
YoY Change -30.56% 560.0% 477.78%
Cash & Equivalents $23.42M $32.95M $31.25M
Short-Term Investments
Other Short-Term Assets $4.900M $2.100M $2.000M
YoY Change 145.0% 31.25% 33.33%
Inventory $5.108M $3.416M $2.595M
Prepaid Expenses
Receivables $48.94M $21.13M $21.48M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $99.03M $59.60M $57.33M
YoY Change 68.58% 112.24% 103.68%
LONG-TERM ASSETS
Property, Plant & Equipment $34.58M $16.29M $16.64M
YoY Change 129.26% 25.53% 45.05%
Goodwill $147.0M $2.929M $2.929M
YoY Change 4919.43%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $129.0K $128.0K $139.0K
YoY Change -8.51% 10.34% -22.35%
Total Long-Term Assets $268.9M $23.37M $23.83M
YoY Change 1102.5% 50.2% 68.13%
TOTAL ASSETS
Total Short-Term Assets $99.03M $59.60M $57.33M
Total Long-Term Assets $268.9M $23.37M $23.83M
Total Assets $368.0M $82.97M $81.16M
YoY Change 353.67% 90.12% 91.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.46M $6.059M $5.465M
YoY Change 98.03% -0.36% 16.25%
Accrued Expenses $13.60M $5.200M $4.600M
YoY Change 1025.83% 698.77% 897.83%
Deferred Revenue
YoY Change
Short-Term Debt $8.900M $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $600.0K $3.900M $3.800M
YoY Change -81.25% 25.81% 26.67%
Total Short-Term Liabilities $40.06M $15.13M $13.86M
YoY Change 173.94% -0.66% -9.01%
LONG-TERM LIABILITIES
Long-Term Debt $52.34M $6.200M $6.300M
YoY Change 887.47% 31.91% 57.5%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $73.12M $6.974M $7.148M
YoY Change 1102.98% 32.11% 55.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.06M $15.13M $13.86M
Total Long-Term Liabilities $73.12M $6.974M $7.148M
Total Liabilities $113.2M $22.10M $21.00M
YoY Change 446.71% 7.77% 5.95%
SHAREHOLDERS EQUITY
Retained Earnings -$21.94M -$20.34M -$20.17M
YoY Change 13.06% 0.9% -1.31%
Common Stock $231.5M $81.21M $80.32M
YoY Change 190.06% 87.58% 87.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $208.5M $60.87M $60.16M
YoY Change
Total Liabilities & Shareholders Equity $351.3M $82.97M $81.16M
YoY Change 333.12% 90.12% 91.78%

Cashflow Statement

Concept 2015 Q4 2015 Q2 2015 Q1
OPERATING ACTIVITIES
Net Income -$1.473M -$176.0K -$761.0K
YoY Change -240.69% -164.23% -846.08%
Depreciation, Depletion And Amortization $1.890M $1.760M $1.586M
YoY Change 25.17% 35.38% 37.79%
Cash From Operating Activities $2.120M $2.690M -$790.0K
YoY Change 114.14% -37.0% -176.7%
INVESTING ACTIVITIES
Capital Expenditures -$540.0K -$340.0K $842.0K
YoY Change -48.57% -68.81% -4.64%
Acquisitions
YoY Change
Other Investing Activities -$72.94M
YoY Change
Cash From Investing Activities -$73.48M -$340.0K -$840.0K
YoY Change 6898.1% -68.81% -4.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 60.80M -640.0K -810.0K
YoY Change -10067.21% -81.97% -297.56%
NET CHANGE
Cash From Operating Activities 2.120M 2.690M -790.0K
Cash From Investing Activities -73.48M -340.0K -840.0K
Cash From Financing Activities 60.80M -640.0K -810.0K
Net Change In Cash -10.56M 1.710M -2.440M
YoY Change 1476.12% -562.16% -535.71%
FREE CASH FLOW
Cash From Operating Activities $2.120M $2.690M -$790.0K
Capital Expenditures -$540.0K -$340.0K $842.0K
Free Cash Flow $2.660M $3.030M -$1.632M
YoY Change 30.39% -43.47% -1210.2%

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CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3772000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2011000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-75155000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9602000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2011000
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
10002000
CY2014 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-4282000
CY2013 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-4177000
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
4115000
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
3581000
CY2013 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
2606000
CY2015 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
55022000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3351000
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
935000
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2616000
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
515000
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
34254000
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9018000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
58493000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
29007000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2750000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10269000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
28855000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2966000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4834000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1868000
CY2015 us-gaap Interest Paid
InterestPaid
911000
CY2014 us-gaap Interest Paid
InterestPaid
981000
CY2013 us-gaap Interest Paid
InterestPaid
945000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
25000
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
177000
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
17000
CY2015 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4813000
CY2014 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
5884000
CY2013 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3377000
CY2015 neo Fair Value Of Common Stock Issued To Fund Acquisition
FairValueOfCommonStockIssuedToFundAcquisition
102510000
CY2015 neo Fair Value Of Preferred Stock Issued To Fund Acquisition
FairValueOfPreferredStockIssuedToFundAcquisition
73200000
CY2015 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
890000
CY2014 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
79000
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Use of Estimates</font></p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States of America. These principles require management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, together with amounts disclosed in the related notes to the consolidated financial statements. Actual results and outcomes may differ from management&#8217;s estimates, judgments and assumptions. Significant estimates, judgments and assumptions used in these consolidated financial statements include, but are not limited to, those related to revenues, accounts receivable and related allowances, contingencies, useful lives and recovery of long-term assets and intangible assets, income taxes and valuation allowances, stock-based compensation and impairment analysis of goodwill. These estimates, judgments, and assumptions are reviewed periodically and the effects of material revisions in estimates are reflected in the consolidated financial statements prospectively from the date of the change in estimate.</p></div>
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Concentrations of Credit Risk</font></p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Concentrations of credit risk with respect to revenue and accounts receivable are primarily limited to certain clients and geographies to which the Company provides a significant volume of its services, and to specific payers of our services such as Medicare and individual insurance companies. The Company&#8217;s client base consists of a large number of geographically dispersed clients diversified across various customer types. For the year ended December 31, 2015, no clients accounted for more than 5% of revenue.&nbsp;&nbsp;For the years ended December&#160;31, 2014 and 2013, a large oncology practice with multiple locations accounted for 10.1% and 15.8%, respectively, of total revenue. All other clients were less than 10% of total revenue individually. For the years ended December&#160;31, 2015, 2014 and 2013, revenue derived from the State of Florida accounted for 20.5%, 25.8% and 30.6%, respectively, of total revenue.</p></div>
CY2014Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
13000000
CY2015 neo Minimum Threshold Percentage Of Voting Securities On Acquisition For Deemed Liquidation Event
MinimumThresholdPercentageOfVotingSecuritiesOnAcquisitionForDeemedLiquidationEvent
0.50
CY2015 neo Maximum Voting Power Percentage After Consolidation Merger Or Reorganization For Deemed Liquidation Event
MaximumVotingPowerPercentageAfterConsolidationMergerOrReorganizationForDeemedLiquidationEvent
0.50
CY2015 neo Preferred Stock Conversion Trading Price Per Share
PreferredStockConversionTradingPricePerShare
8.00
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2015 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
225057000
CY2014 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
224460000
CY2013 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
173784000
CY2015 neo Contractual Adjustments And Discounts
ContractualAdjustmentsAndDiscounts
125255000
CY2014 neo Contractual Adjustments And Discounts
ContractualAdjustmentsAndDiscounts
137391000
CY2013 neo Contractual Adjustments And Discounts
ContractualAdjustmentsAndDiscounts
107317000
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
3600000
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
3000000
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
2900000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4180000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4540000
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3002000
CY2015 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1739000
CY2014 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2797000
CY2013 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1259000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4759000
CY2015 neo Number Of Clients Accounting For More Than Five Percent Of Revenue
NumberOfClientsAccountingForMoreThanFivePercentOfRevenue
0
CY2015Q4 neo Property Plant And Equipment Minimum Cost
PropertyPlantAndEquipmentMinimumCost
1000
CY2015 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P1Y
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2014 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2013 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2015 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Retrospective Application Impracticable
NewAccountingPronouncementOrChangeInAccountingPrincipleRetrospectiveApplicationImpracticable
The retrospective application of the adoption of ASU 2015-03 did not have an impact on the December 31, 2014 consolidated balance sheet as the Company did not have debt issuance costs at that date. The adoption resulted in the classification of approximately $3.5 million of debt issuance costs as a direct reduction of the Company’s long-term debt and revolving credit facility on the December 31, 2015 consolidated balance sheet.
CY2015 us-gaap Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
conversion (Written Call Option) on the underlying shares if after three years the stock trades at $8.00 for thirty trading days, and (v) conversion (Contingent Forward) on the underlying shares automatically at the ten year anniversary of the issue date.
CY2015 neo Accretion Expense Recognized Period
AccretionExpenseRecognizedPeriod
P3Y
CY2015 neo Largest Amount Of Tax Benefit
LargestAmountOfTaxBenefit
Greater than 50%
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
61111000
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
34904000
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
6730000
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
5345000
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4189000
CY2015Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
18501000
CY2015Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
64728000
CY2015Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
9047000
CY2014Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
4959000
CY2015Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
9454000
CY2014Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
8041000
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100.0
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250.0
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10.0
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50.0
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
890000
CY2014Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
79000
CY2015 neo Extended Duration To Commercialize Products
ExtendedDurationToCommercializeProducts
P2Y
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
5000000
CY2015 neo Agreement Expiration Date
AgreementExpirationDate
2017-01-05
CY2015Q4 neo Milestone Payment To Be Made Upon Incremental Revenue
MilestonePaymentToBeMadeUponIncrementalRevenue
500000
CY2015 us-gaap Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
2000000
CY2015Q4 neo Maximum Milestone Payment To Be Made
MaximumMilestonePaymentToBeMade
5000000
CY2015Q4 neo Royalty Payable As Percentage Of Net Revenue
RoyaltyPayableAsPercentageOfNetRevenue
0.065
CY2015Q4 neo Royalty Payable As Percentage Of Sublicensing Revenue
RoyaltyPayableAsPercentageOfSublicensingRevenue
0.50
CY2015 neo Milestone Payments
MilestonePayments
0
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
88912000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1112000
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4912000
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
700000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7272000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7264000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5771000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5771000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5771000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
55951000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
550000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
545000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
539000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
534000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
52854000
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
55022000
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
550000
CY2015 us-gaap Debt Issuance Costs
DebtIssuanceCosts
2218000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
52254000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
5327000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
3494000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1668000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
526000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
189000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
11204000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
1498000
CY2015Q4 neo Capital Lease Obligations And Car Loans Current
CapitalLeaseObligationsAndCarLoansCurrent
4584000
CY2015Q4 neo Capital Lease Obligations And Car Loans Noncurrent
CapitalLeaseObligationsAndCarLoansNoncurrent
5122000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
5877000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
4039000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
2207000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
1060000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
53043000
CY2015Q4 neo Volume Weighted Average Price Per Share
VolumeWeightedAveragePricePerShare
8.00
CY2015 neo Temporary Equity Redemption Amount Until Forth Anniversary
TemporaryEquityRedemptionAmountUntilForthAnniversary
10000000
CY2015 neo Temporary Equity Redemption Amount At Forth Anniversary Thereafter
TemporaryEquityRedemptionAmountAtForthAnniversaryThereafter
5000000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
5134000
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
57376000
CY2015 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
1498000
CY2015 neo Temporary Equity Redemption Description
TemporaryEquityRedemptionDescription
At any time, and from time to time, we may redeem for cash all, or any portion of, the outstanding Series A Preferred Stock at a price per share equal to the then effective Liquidation Preference, provided the aggregate amount redeemed at such time is not less than (a) from the Original Issue Date until the fourth anniversary thereof, $10.0 million and (b) thereafter, $5.0 million, and in each case only in $1.0 million increments above such amounts.
CY2015 neo Temporary Equity Redemption At Forth Anniversary Thereafter Increments Above Redemption Amounts
TemporaryEquityRedemptionAtForthAnniversaryThereafterIncrementsAboveRedemptionAmounts
1000000
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
56000
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
113000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
93000
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
101000
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
44000
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
59000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
157000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
157000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
152000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1866000
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-245000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2111000
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0441
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0337
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0177
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.2917
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.0589
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.0189
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.1024
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.0400
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.1445
CY2015 neo Effective Income Tax Rate Reconciliation Nondeductible Tax Expense
EffectiveIncomeTaxRateReconciliationNondeductibleTaxExpense
0.0000
CY2014 neo Effective Income Tax Rate Reconciliation Nondeductible Tax Expense
EffectiveIncomeTaxRateReconciliationNondeductibleTaxExpense
0.0879
CY2015 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.0026
CY2014 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.2793
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0026
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.4949
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.1596
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.4544
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.4823
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.1216
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0693
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
15741000
CY2015 us-gaap Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
2028-12-31
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
2240800
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
174000
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
552000
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2533000
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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