$NEON
Neonode Inc

2014 Q4 Form 10-Q Financial Statement

#000121390014007791 Filed on November 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $1.735M $1.126M $1.076M
YoY Change 71.95% 4.65% -35.91%
Cost Of Revenue $469.0K $422.0K $765.0K
YoY Change 135.68% -44.84% 127.0%
Gross Profit $1.266M $704.0K $311.0K
YoY Change 56.3% 126.37% -76.83%
Gross Profit Margin 72.97% 62.52% 28.9%
Selling, General & Admin $2.330M $2.182M $1.378M
YoY Change 22.63% 58.35% -31.31%
% of Gross Profit 184.04% 309.94% 443.09%
Research & Development $2.080M $1.767M $2.211M
YoY Change 6.67% -20.08% 52.38%
% of Gross Profit 164.3% 250.99% 710.93%
Depreciation & Amortization $50.00K $70.00K $40.00K
YoY Change 25.0% 75.0% 33.33%
% of Gross Profit 3.95% 9.94% 12.86%
Operating Expenses $4.410M $3.949M $3.589M
YoY Change 14.84% 10.03% 3.82%
Operating Profit -$3.144M -$3.245M -$3.278M
YoY Change 3.76% -1.01% 54.99%
Interest Expense $80.00K $30.00K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$30.00K
YoY Change
Pretax Income -$3.100M -$3.245M -$3.278M
YoY Change 2.31% -1.01% 54.99%
Income Tax $10.00K $65.00K
% Of Pretax Income
Net Earnings -$3.107M -$3.245M -$3.343M
YoY Change 1.97% -2.93% 55.92%
Net Earnings / Revenue -179.08% -288.19% -310.69%
Basic Earnings Per Share
Diluted Earnings Per Share -$767.9K -$802.5K -$943.5K
COMMON SHARES
Basic Shares Outstanding 40.46M shares 40.46M shares 35.44M shares
Diluted Shares Outstanding 40.46M shares 35.44M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.130M $8.840M $10.57M
YoY Change -30.5% -16.37% -6.04%
Cash & Equivalents $6.129M $8.844M
Short-Term Investments
Other Short-Term Assets $215.0K $1.150M $1.300M
YoY Change 7.5% -11.54% 242.11%
Inventory
Prepaid Expenses
Receivables $1.106M $558.0K $1.085M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.948M $10.56M $12.95M
YoY Change -28.63% -18.48% -1.56%
LONG-TERM ASSETS
Property, Plant & Equipment $654.0K $758.0K $365.0K
YoY Change 95.22% 107.67% 7.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $70.00K
YoY Change
Total Long-Term Assets $654.0K $758.0K $434.0K
YoY Change 95.22% 74.65% 27.65%
TOTAL ASSETS
Total Short-Term Assets $7.948M $10.56M $12.95M
Total Long-Term Assets $654.0K $758.0K $434.0K
Total Assets $8.602M $11.31M $13.38M
YoY Change -25.01% -15.46% -0.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $566.0K $651.0K $426.0K
YoY Change 18.16% 52.82% -14.46%
Accrued Expenses $935.0K $848.0K $896.0K
YoY Change -4.4% -5.36% 21.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $60.00K $70.00K
YoY Change
Total Short-Term Liabilities $4.965M $4.817M $4.801M
YoY Change -3.08% 0.33% 25.39%
LONG-TERM LIABILITIES
Long-Term Debt $370.0K $410.0K $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $370.0K $410.0K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $4.965M $4.817M $4.801M
Total Long-Term Liabilities $370.0K $410.0K $0.00
Total Liabilities $5.332M $5.227M $4.801M
YoY Change 4.08% 8.87% 25.39%
SHAREHOLDERS EQUITY
Retained Earnings -$165.9M -$162.8M -$148.6M
YoY Change 9.38% 9.54% 8.91%
Common Stock $40.00K $40.00K $38.00K
YoY Change 5.26% 5.26% 15.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.270M $6.087M $8.582M
YoY Change
Total Liabilities & Shareholders Equity $8.602M $11.31M $13.38M
YoY Change -25.01% -15.46% -0.82%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$3.107M -$3.245M -$3.343M
YoY Change 1.97% -2.93% 55.92%
Depreciation, Depletion And Amortization $50.00K $70.00K $40.00K
YoY Change 25.0% 75.0% 33.33%
Cash From Operating Activities -$2.770M -$3.040M -$2.420M
YoY Change 22.03% 25.62% 952.17%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K -$10.00K -$110.0K
YoY Change 0.0% -90.91% 450.0%
Acquisitions
YoY Change
Other Investing Activities $10.00K
YoY Change
Cash From Investing Activities -$10.00K -$10.00K -$110.0K
YoY Change -50.0% -90.91% 450.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.900M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.00K -20.00K 7.750M
YoY Change -101.82% -100.26% 5066.67%
NET CHANGE
Cash From Operating Activities -2.770M -3.040M -2.420M
Cash From Investing Activities -10.00K -10.00K -110.0K
Cash From Financing Activities -10.00K -20.00K 7.750M
Net Change In Cash -2.790M -3.070M 5.220M
YoY Change 60.34% -158.81% -5320.0%
FREE CASH FLOW
Cash From Operating Activities -$2.770M -$3.040M -$2.420M
Capital Expenditures -$20.00K -$10.00K -$110.0K
Free Cash Flow -$2.750M -$3.030M -$2.310M
YoY Change 22.22% 31.17% 1000.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
Neonode, Inc
dei Entity Central Index Key
EntityCentralIndexKey
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dei Amendment Flag
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dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Type
DocumentType
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dei Document Period End Date
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2014-09-30
dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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<div><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><b><i>Estimates</i></b></font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">The preparation of financial statements in conformity with U.S. GAAP requires making estimates and assumptions that affect, at the date of the financial statements, the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses. Actual results could differ from these estimates. Significant estimates include, but are not limited to, collectibility of accounts receivable, recoverability of capitalized project costs and long-lived assets, the valuation allowance related to our deferred tax assets and the fair value of options and warrants issued for stock-based compensation.</font></p></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><b><i>Concentration of Credit and Business Risks</i></b></font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Our customers are located in the Americas, Europe and Asia.</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">As of December 31, 2013, two customers represented approximately 56% of the Company&#8217;s consolidated accounts receivable.&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">As of September 30, 2014, two customers represented approximately 77% of the Company&#8217;s consolidated accounts receivable.&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">During the three and nine months ended September 30, 2014, one and four customers represented approximately 30% and 49% of our consolidated net revenues, respectively.</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">During the three and nine months ended September 30, 2013, three and four customers represented approximately 64% of our consolidated net revenues, respectively.</font></p></div>
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><b><i>Deferred Revenue</i></b></font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.25in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p><p style="font: 10pt/normal 'times new roman', times, serif; margin: 0px; color: #000000; text-transform: none; text-indent: 0.5in; letter-spacing: normal; word-spacing: 0px; white-space: normal; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">From time-to-time we receive pre-payments from our customers related to future services or future license fee revenues.&#160;We defer the license fees until we have met all accounting requirements for revenue recognition as per unit royalty products are distributed or licensed by our customers and the engineering development fee revenue until such time as the engineering work has been completed and accepted by our customers.</font></p></div>
CY2014Q3 neond Excess Of Insurance Limits
ExcessOfInsuranceLimits
8400000 usd
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
18000 usd
CY2013Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
-33000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
157000 usd
CY2014Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
86000 usd
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
120000 usd
CY2013Q3 us-gaap Advertising Expense
AdvertisingExpense
31000 usd
us-gaap Advertising Expense
AdvertisingExpense
160000 usd
CY2014Q3 us-gaap Advertising Expense
AdvertisingExpense
18000 usd
us-gaap Advertising Expense
AdvertisingExpense
147000 usd
CY2013Q3 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
6.55 pure
neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
6.51 pure
CY2014Q3 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
6.94 pure
neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
6.67 pure
CY2013Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
6.48 pure
CY2014Q3 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
7.26 pure
neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss One
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLossOne
96.63 pure
neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss One
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLossOne
102.94 pure
CY2013Q4 neond Foreign Currency Exchange Rate Translation One
ForeignCurrencyExchangeRateTranslationOne
105.22 pure
CY2014Q3 neond Foreign Currency Exchange Rate Translation One
ForeignCurrencyExchangeRateTranslationOne
109.43 pure
CY2014Q3 neond Conversion Of Warrant Into Common Stock Shares Converted
ConversionOfWarrantIntoCommonStockSharesConverted
10053 shares
CY2014Q3 neond Value Of Warrants
ValueOfWarrants
36000 usd
CY2014Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
3.13
CY2014Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
17000 shares
CY2014Q3 neond Class Of Warrant Or Right Additional Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightAdditionalNumberOfSecuritiesCalledByWarrantsOrRights
11500 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2500000 shares
CY2014Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
4.00
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
762000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2101000 usd
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
179000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1594000 usd
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
965000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2014Q3 neond Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Warrants Outstanding And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsOutstandingAndExercisableNumber
3335073 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P1Y10M24D
neond Number Of Equity Incentive Plan
NumberOfEquityIncentivePlan
2 plans
neond Number Of Non Employee Director Stock Option Plan
NumberOfNonEmployeeDirectorStockOptionPlan
1 plans
neond Placement Agent Fee
PlacementAgentFee
600000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Next Rolling Twelve Months
CapitalLeasesFutureMinimumPaymentsNextRollingTwelveMonths
26000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Two
CapitalLeasesFutureMinimumPaymentsDueInRollingYearTwo
85000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Three
CapitalLeasesFutureMinimumPaymentsDueInRollingYearThree
85000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Four
CapitalLeasesFutureMinimumPaymentsDueInRollingYearFour
85000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Five
CapitalLeasesFutureMinimumPaymentsDueInRollingYearFive
85000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due In Rolling After Year Five
CapitalLeasesFutureMinimumPaymentsDueInRollingAfterYearFive
172000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
538000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
62000 usd
CY2014Q3 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
476000 usd
CY2010Q1 neond Nonrecurring Development Cost
NonrecurringDevelopmentCost
500000 usd
CY2012Q4 neond Nonrecurring Development Cost
NonrecurringDevelopmentCost
500000 usd
CY2010Q1 neond Description Of Development Cost Contributed
DescriptionOfDevelopmentCostContributed
Under the terms of the NN1001 Agreement, we will reimburse TI an NRE fee of $0.08 per unit for each of the first one million units sold and $0.05 for the next eight million units sold.
CY2012Q4 neond Description Of Development Cost Contributed
DescriptionOfDevelopmentCostContributed
Under the terms of the NN1002 Agreement we will reimburse TI an NRE fee of $0.25 per unit for each of the first two million units sold.
CY2010Q1 neond Nonrecurring Development Cost One
NonrecurringDevelopmentCostOne
0.08
CY2010Q1 neond Nonrecurring Development Cost Two
NonrecurringDevelopmentCostTwo
0.05
CY2012Q4 neond Non Recurring Development Cost Three
NonRecurringDevelopmentCostThree
0.25
CY2013Q3 neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
93000 usd
neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
344000 usd
CY2014Q3 neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
14000 usd
neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
74000 usd
neond Payment Made Under Agreement
PaymentMadeUnderAgreement
387000 usd
CY2014Q3 neond Accounts Payable Under Agreement
AccountsPayableUnderAgreement
93000 usd
CY2014Q2 neond Capital Lease Term Of Contract
CapitalLeaseTermOfContract
P6Y
CY2014Q2 us-gaap Description Of Lessee Leasing Arrangements Capital Leases
DescriptionOfLesseeLeasingArrangementsCapitalLeases
Under the terms of the lease agreement we are obligated to purchase the equipment at the end of the original 6 year lease term for 10% of the original purchase price of the equipment.
CY2014Q2 us-gaap Capital Leases Income Statement Amortization Expense
CapitalLeasesIncomeStatementAmortizationExpense
21000 usd
CY2014Q2 us-gaap Capital Leases Of Lessee Contingent Rentals Basis Spread On Variable Rate
CapitalLeasesOfLesseeContingentRentalsBasisSpreadOnVariableRate
0.04 pure
CY2013Q3 neond Revenue Percentage Net
RevenuePercentageNet
1.00 pure
CY2014Q3 neond Revenue Percentage Net
RevenuePercentageNet
1.00 pure
neond Revenue Percentage Net
RevenuePercentageNet
1.00 pure
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segments
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35437000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34366000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40455000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39219000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35437000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34366000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40455000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39219000 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10000000 usd
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
9300000 usd

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