2015 Q1 Form 10-Q Financial Statement

#000121390015003300 Filed on May 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1 2011 Q4
Revenue $2.263M $1.014M $3.960M
YoY Change 123.18% 85.04% 4850.0%
Cost Of Revenue $338.0K $166.0K $180.0K
YoY Change 103.61% 937.5% 200.0%
Gross Profit $1.925M $848.0K $3.780M
YoY Change 127.0% 59.4% 12500.0%
Gross Profit Margin 85.06% 83.63% 95.45%
Selling, General & Admin $2.412M $3.071M $1.920M
YoY Change -21.46% 24.99% -20.66%
% of Gross Profit 125.3% 362.15% 50.79%
Research & Development $1.579M $1.784M $820.0K
YoY Change -11.49% 9.18% -19.61%
% of Gross Profit 82.03% 210.38% 21.69%
Depreciation & Amortization $51.00K $41.00K $10.00K
YoY Change 24.39% 28.13%
% of Gross Profit 2.65% 4.83% 0.26%
Operating Expenses $3.991M $4.855M $2.730M
YoY Change -17.8% 18.68% -20.41%
Operating Profit -$2.066M -$4.007M $1.050M
YoY Change -48.44% 12.59% -130.88%
Interest Expense $4.000K -$30.00K -$3.770M
YoY Change -113.33% -25.0% 18750.0%
% of Operating Profit -359.05%
Other Income/Expense, Net $4.000K
YoY Change
Pretax Income -$2.070M -$4.007M -$2.720M
YoY Change -48.34% 12.59% -61.09%
Income Tax $2.000K $1.000K $50.00K
% Of Pretax Income
Net Earnings -$2.072M -$4.008M -$2.770M
YoY Change -48.3% 12.27% -60.65%
Net Earnings / Revenue -91.56% -395.27% -69.95%
Basic Earnings Per Share
Diluted Earnings Per Share -$511.1K -$1.058M -$948.6K
COMMON SHARES
Basic Shares Outstanding 40.46M shares 37.94K shares 27.93M shares
Diluted Shares Outstanding 37.94M shares

Balance Sheet

Concept 2015 Q1 2014 Q1 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.450M $6.190M $12.94M
YoY Change -28.11% -18.34% 1321.98%
Cash & Equivalents $4.453M $6.192M $12.94M
Short-Term Investments
Other Short-Term Assets $1.150M $1.600M $29.00K
YoY Change -28.13% 119.18% -81.88%
Inventory
Prepaid Expenses
Receivables $2.041M $655.0K $3.345M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.643M $8.440M $16.52M
YoY Change -9.44% -7.51% 1246.29%
LONG-TERM ASSETS
Property, Plant & Equipment $554.0K $340.0K $108.0K
YoY Change 62.94% 3.66% 350.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00K
YoY Change -85.71%
Total Long-Term Assets $554.0K $348.0K $108.0K
YoY Change 59.2% -12.12% 350.0%
TOTAL ASSETS
Total Short-Term Assets $7.643M $8.440M $16.52M
Total Long-Term Assets $554.0K $348.0K $108.0K
Total Assets $8.197M $8.788M $16.63M
YoY Change -6.73% -7.7% 1229.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $735.0K $425.0K $447.0K
YoY Change 72.94% 32.4% 1.13%
Accrued Expenses $1.143M $1.167M $601.0K
YoY Change -2.06% 18.6% -6.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $60.00K
YoY Change
Total Short-Term Liabilities $6.080M $5.305M $2.954M
YoY Change 14.61% 25.56% -73.42%
LONG-TERM LIABILITIES
Long-Term Debt $320.0K $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $320.0K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $6.080M $5.305M $2.954M
Total Long-Term Liabilities $320.0K $0.00 $0.00
Total Liabilities $6.399M $5.305M $2.954M
YoY Change 20.62% 25.56% -73.42%
SHAREHOLDERS EQUITY
Retained Earnings -$168.0M -$155.7M -$129.3M
YoY Change 7.9% 9.51% 15.28%
Common Stock $40.00K $38.00K $33.00K
YoY Change 5.26% 11.76% -99.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.798M $3.483M $13.67M
YoY Change
Total Liabilities & Shareholders Equity $8.197M $8.788M $16.63M
YoY Change -6.73% -7.7% 1229.1%

Cashflow Statement

Concept 2015 Q1 2014 Q1 2011 Q4
OPERATING ACTIVITIES
Net Income -$2.072M -$4.008M -$2.770M
YoY Change -48.3% 12.27% -60.65%
Depreciation, Depletion And Amortization $51.00K $41.00K $10.00K
YoY Change 24.39% 28.13%
Cash From Operating Activities -$1.585M -$2.646M -$2.020M
YoY Change -40.1% 59.11% 16.09%
INVESTING ACTIVITIES
Capital Expenditures $3.000K $46.00K -$50.00K
YoY Change -93.48% -264.29%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.000K -$46.00K -$50.00K
YoY Change -93.48% 64.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$14.00K $36.00K 10.79M
YoY Change -138.89% -78.44% 355.27%
NET CHANGE
Cash From Operating Activities -$1.585M -$2.646M -2.020M
Cash From Investing Activities -$3.000K -$46.00K -50.00K
Cash From Financing Activities -$14.00K $36.00K 10.79M
Net Change In Cash -$1.602M -$2.656M 8.720M
YoY Change -39.68% 74.28% 1284.13%
FREE CASH FLOW
Cash From Operating Activities -$1.585M -$2.646M -$2.020M
Capital Expenditures $3.000K $46.00K -$50.00K
Free Cash Flow -$1.588M -$2.692M -$1.970M
YoY Change -41.01% 64.65% 13.22%

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<p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;"><b><i>Estimates</i></b></font></p> <p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;">&#160;</font></p> <p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;">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, collectability of accounts receivable,the achievement of substantive milestones and vendor-specific objective evidence (&#8220;VSOE&#8221;) of fair value for purposes of revenue recognition (or deferral of revenue), 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>
CY2015Q1 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; widows: 1; 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; widows: 1; 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; widows: 1; 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 U.S., 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; widows: 1; 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; widows: 1; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">As of March 31, 2015, one customer represented approximately 68% of the Company&#8217;s 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; widows: 1; 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; widows: 1; 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, 2014, three customers represented approximately 87% of the Company&#8217;s 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; widows: 1; 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; widows: 1; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Our net revenues for the three months ended March 31, 2015 were earned from twenty-four customers. Customers who accounted for 10% or more of our net revenues during the three months ended March 31, 2015 are as follows:</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; widows: 1; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p> <table style="font: 10pt/normal 'times new roman', times, serif; width: 1567px; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; border-collapse: collapse; widows: 1; font-size-adjust: none; font-stretch: normal; -webkit-text-stroke-width: 0px;" cellspacing="0" cellpadding="0"> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.5in; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.25in; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Hewlett Packard Company &#8211; 30%</font></td> </tr> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Amazon -28%</font></td> </tr> </table> <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; widows: 1; 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; widows: 1; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Our net revenues for the three months ended March 31, 2014 were earned from fourteen<font style="color: red;">&#160;</font>customers. Customers who accounted for 10% or more of our net revenues during the three months ended March 31, 2014 are as follows:</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; widows: 1; font-stretch: normal; -webkit-text-stroke-width: 0px;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#160;</font></p> <table style="font: 10pt/normal 'times new roman', times, serif; width: 1567px; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; border-collapse: collapse; widows: 1; font-size-adjust: none; font-stretch: normal; -webkit-text-stroke-width: 0px;" cellspacing="0" cellpadding="0"> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.5in; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.25in; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Leap Frog &#8211; 30%</font></td> </tr> </table> <table style="font: 10pt/normal 'times new roman', times, serif; width: 1567px; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; border-collapse: collapse; widows: 1; font-size-adjust: none; font-stretch: normal; -webkit-text-stroke-width: 0px;" cellspacing="0" cellpadding="0"> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.5in; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.25in; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Sony Corporation &#8211; 16%</font></td> </tr> </table> <table style="font: 10pt/normal 'times new roman', times, serif; width: 1567px; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; border-collapse: collapse; widows: 1; font-size-adjust: none; font-stretch: normal; -webkit-text-stroke-width: 0px;" cellspacing="0" cellpadding="0"> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.5in; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.25in; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">Netronix Inc. &#8211; 14%</font></td> </tr> </table> <table style="font: 10pt/normal 'times new roman', times, serif; width: 1567px; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; border-collapse: collapse; widows: 1; font-size-adjust: none; font-stretch: normal; -webkit-text-stroke-width: 0px;" cellspacing="0" cellpadding="0"> <tr style="font: 10pt/normal 'times new roman', times, serif; vertical-align: top; font-stretch: normal;"> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.5in; font-stretch: normal;"></td> <td style="font: 10pt/normal 'times new roman', times, serif; width: 0.25in; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">&#9679;</font></td> <td style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;"><font style="font: 10pt/normal 'times new roman', times, serif; font-stretch: normal;">KOBO Inc. &#8211; 11%</font></td> </tr> </table> </div>
CY2015Q1 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;"><b><i>Deferred Revenues</i></b></font></p><p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 18pt;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;">&#160;</font></p><p style="color: #000000; font-family: 'times new roman', times, serif; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family: 'times new roman', times, serif;">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 and royalty reports are received. Engineering development fee revenues are deferred until such time as the engineering work has been completed and accepted by our customers.</font></p>
CY2014Q2 neond Stock Issued During Period Shares Future Offering
StockIssuedDuringPeriodSharesFutureOffering
5000000 shares
CY2015Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2015Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
50000000 krw
CY2015Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
10000000 jpy
CY2015Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
100000 sek
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
167000 usd
CY2015Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
167000 usd
CY2014 us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
200000 usd
CY2015Q1 us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
613000 usd
CY2014Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
26000 usd
CY2015Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
26000 usd
CY2014Q1 us-gaap Advertising Expense
AdvertisingExpense
106000 usd
CY2015Q1 us-gaap Advertising Expense
AdvertisingExpense
20000 usd
CY2014Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
6.46 pure
CY2015Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
8.32 pure
CY2015Q1 neond Excess Of Insurance Limits
ExcessOfInsuranceLimits
4000000 usd
CY2014Q1 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss One
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLossOne
102.82 pure
CY2015Q1 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss One
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLossOne
119.15 pure
CY2014Q1 neond Foreign Currency Exchange Rate Translation One
ForeignCurrencyExchangeRateTranslationOne
119.93 pure
CY2015Q1 neond Foreign Currency Exchange Rate Translation One
ForeignCurrencyExchangeRateTranslationOne
119.63 pure
CY2015Q1 neond Weighted Average Exchange Rate For The Consolidated Statement Of Operations And Of Comprehensive Loss Two
WeightedAverageExchangeRateForTheConsolidatedStatementOfOperationsAndOfComprehensiveLossTwo
11.0000 pure
CY2014Q4 neond Foreign Currency Exchange Rate Translation Two
ForeignCurrencyExchangeRateTranslationTwo
10.9673 pure
CY2015Q1 neond Foreign Currency Exchange Rate Translation Two
ForeignCurrencyExchangeRateTranslationTwo
11.0497 pure
CY2014 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
7.80 pure
CY2015Q1 neond Weighted Average Exchange Rate For Statements Of Operations And Comprehensive Loss
WeightedAverageExchangeRateForStatementsOfOperationsAndComprehensiveLoss
8.60 pure
CY2015Q1 neond Number Of Customers
NumberOfCustomers
24 customers
CY2015Q1 neond Cash Central Insured Amount
CashCentralInsuredAmount
3000000 usd
CY2015Q1 neond Weighted Average Exchange Rate For The Consolidated Statement Of Operations And Of Comprehensive Loss Three
WeightedAverageExchangeRateForTheConsolidatedStatementOfOperationsAndOfComprehensiveLossThree
31.56 pure
CY2015Q1 neond Foreign Currency Exchange Rate Translation Three
ForeignCurrencyExchangeRateTranslationThree
31.20 pure
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1072000 usd
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
598000 usd
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1180000 usd
CY2015Q1 neond Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Warrants Outstanding And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsWarrantsOutstandingAndExercisableNumber
3335073 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
265000 shares
CY2015Q1 neond Share Based Compensation Arrangement By Sharebased Payment Award Options Vested Exercise Price
ShareBasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedExercisePrice
4.15
CY2015Q1 neond Share Based Compensation Arrangement By Sharebased Payment Award Options Vested Expire Date
ShareBasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedExpireDate
2018-03-03
CY2015Q1 neond Purchase Price Of Stock Options Per Share
PurchasePriceOfStockOptionsPerShare
0.70
CY2015Q1 neond Purchase Price Of Stock Options Amount
PurchasePriceOfStockOptionsAmount
185500 usd
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P2Y
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
CY2014Q1 neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
31000 usd
CY2015Q1 neond Nonrecurring Expense Related To Agreement
NonrecurringExpenseRelatedToAgreement
20000 usd
CY2015Q1 neond Accounts Payable Under Agreement
AccountsPayableUnderAgreement
81000 usd
CY2014Q1 neond Revenue Percentage Net
RevenuePercentageNet
1.00 pure
CY2015Q1 neond Revenue Percentage Net
RevenuePercentageNet
1.00 pure
CY2015Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37941 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40455 shares

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