2012 Q2 Form 10-Q Financial Statement
#000119312512349586 Filed on August 10, 2012
Income Statement
| Concept | 2012 Q2 | 2011 Q2 |
|---|---|---|
| Revenue | $56.77M | $29.50M |
| YoY Change | 92.45% | |
| Cost Of Revenue | $22.89M | $9.487M |
| YoY Change | 141.29% | |
| Gross Profit | $33.88M | $20.00M |
| YoY Change | 69.42% | |
| Gross Profit Margin | 59.68% | 67.8% |
| Selling, General & Admin | $33.73M | $15.37M |
| YoY Change | 119.47% | |
| % of Gross Profit | 99.54% | 76.84% |
| Research & Development | $9.272M | $2.361M |
| YoY Change | 292.71% | |
| % of Gross Profit | 27.36% | 11.81% |
| Depreciation & Amortization | $2.825M | $1.000M |
| YoY Change | 182.54% | |
| % of Gross Profit | 8.34% | 5.0% |
| Operating Expenses | $43.00M | $17.73M |
| YoY Change | 142.54% | |
| Operating Profit | -$9.117M | $2.271M |
| YoY Change | -501.45% | |
| Interest Expense | $0.00 | $100.0K |
| YoY Change | -100.0% | |
| % of Operating Profit | 4.4% | |
| Other Income/Expense, Net | $41.00K | $100.0K |
| YoY Change | -59.0% | |
| Pretax Income | -$9.076M | $2.300M |
| YoY Change | -494.61% | |
| Income Tax | -$352.0K | $300.0K |
| % Of Pretax Income | 13.04% | |
| Net Earnings | -$8.724M | $2.000M |
| YoY Change | -536.2% | |
| Net Earnings / Revenue | -15.37% | 6.78% |
| Basic Earnings Per Share | -$0.32 | |
| Diluted Earnings Per Share | -$0.32 | $16.63K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 27.79M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2012 Q2 | 2011 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $88.30M | $59.90M |
| YoY Change | 47.41% | |
| Cash & Equivalents | $65.48M | $59.85M |
| Short-Term Investments | $22.80M | $0.00 |
| Other Short-Term Assets | $16.50M | $7.300M |
| YoY Change | 126.03% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $47.30M | $24.50M |
| Other Receivables | $0.00 | $5.300M |
| Total Short-Term Assets | $152.1M | $96.90M |
| YoY Change | 56.97% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $35.50M | $9.500M |
| YoY Change | 273.68% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $12.90M | $2.400M |
| YoY Change | 437.5% | |
| Total Long-Term Assets | $48.40M | $11.80M |
| YoY Change | 310.17% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $152.1M | $96.90M |
| Total Long-Term Assets | $48.40M | $11.80M |
| Total Assets | $200.5M | $108.7M |
| YoY Change | 84.45% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $8.600M | $2.100M |
| YoY Change | 309.52% | |
| Accrued Expenses | $18.50M | $8.000M |
| YoY Change | 131.25% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $151.8M | $88.00M |
| YoY Change | 72.5% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $23.30M | $11.30M |
| YoY Change | 106.19% | |
| Total Long-Term Liabilities | $23.30M | $11.30M |
| YoY Change | 106.19% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $151.8M | $88.00M |
| Total Long-Term Liabilities | $23.30M | $11.30M |
| Total Liabilities | $175.1M | $99.30M |
| YoY Change | 76.33% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $25.40M | -$58.38M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $200.5M | $108.7M |
| YoY Change | 84.45% |
Cashflow Statement
| Concept | 2012 Q2 | 2011 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$8.724M | $2.000M |
| YoY Change | -536.2% | |
| Depreciation, Depletion And Amortization | $2.825M | $1.000M |
| YoY Change | 182.54% | |
| Cash From Operating Activities | $6.900M | $26.80M |
| YoY Change | -74.25% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$11.60M | -$6.600M |
| YoY Change | 75.76% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$7.600M | $200.0K |
| YoY Change | -3900.0% | |
| Cash From Investing Activities | -$19.20M | -$6.500M |
| YoY Change | 195.38% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -1.800M | 1.000M |
| YoY Change | -280.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | 6.900M | 26.80M |
| Cash From Investing Activities | -19.20M | -6.500M |
| Cash From Financing Activities | -1.800M | 1.000M |
| Net Change In Cash | -14.10M | 21.30M |
| YoY Change | -166.2% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $6.900M | $26.80M |
| Capital Expenditures | -$11.60M | -$6.600M |
| Free Cash Flow | $18.50M | $33.40M |
| YoY Change | -44.61% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27788547 | shares |
| us-gaap |
Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
|
9215000 | USD | |
| CY2011Q2 | us-gaap |
Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
|
4764000 | USD |
| us-gaap |
Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
|
25251000 | USD | |
| CY2012Q2 | us-gaap |
Cost Of Goods Sold Subscription
CostOfGoodsSoldSubscription
|
14239000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
18701000 | USD | |
| CY2011Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9487000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
44127000 | USD | |
| CY2012Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
22891000 | USD |
| us-gaap |
Cost Of Services
CostOfServices
|
9486000 | USD | |
| CY2011Q2 | us-gaap |
Cost Of Services
CostOfServices
|
4723000 | USD |
| us-gaap |
Cost Of Services
CostOfServices
|
18876000 | USD | |
| CY2012Q2 | us-gaap |
Cost Of Services
CostOfServices
|
8652000 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5962000 | USD | |
| CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3282000 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13246000 | USD | |
| CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6819000 | USD |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-2312000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5203000 | USD | |
| us-gaap |
Operating Expenses
OperatingExpenses
|
30603000 | USD | |
| CY2011Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
17729000 | USD |
| us-gaap |
Operating Expenses
OperatingExpenses
|
74777000 | USD | |
| CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
43000000 | USD |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
4246000 | USD | |
| CY2011Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2361000 | USD |
| us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
15315000 | USD | |
| CY2012Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
9272000 | USD |
| us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
20395000 | USD | |
| CY2011Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
12086000 | USD |
| us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
46216000 | USD | |
| CY2012Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
26909000 | USD |
