2016 Q3 Form 10-Q Financial Statement
#000143774916038574 Filed on September 12, 2016
Income Statement
| Concept | 2016 Q3 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| Revenue | $202.0K | $105.7K | $490.0K |
| YoY Change | 91.17% | -93.14% | 32.43% |
| Cost Of Revenue | $127.0K | $105.7K | $330.0K |
| YoY Change | 20.19% | -94.63% | -15.38% |
| Gross Profit | $75.00K | $160.0K | |
| YoY Change | -900.0% | ||
| Gross Profit Margin | 37.13% | 32.65% | |
| Selling, General & Admin | $1.519M | $1.907M | $1.780M |
| YoY Change | -20.34% | -38.94% | -44.89% |
| % of Gross Profit | 2025.33% | 1112.5% | |
| Research & Development | $1.636M | $2.483M | $1.920M |
| YoY Change | -34.11% | -3201.35% | 113.33% |
| % of Gross Profit | 2181.33% | 1200.0% | |
| Depreciation & Amortization | $34.00K | $28.55K | $240.0K |
| YoY Change | 19.11% | -88.29% | 140.0% |
| % of Gross Profit | 45.33% | 150.0% | |
| Operating Expenses | $3.155M | $4.390M | $3.700M |
| YoY Change | -28.13% | 44.26% | -10.63% |
| Operating Profit | -$3.080M | -$4.390M | -$3.540M |
| YoY Change | -29.84% | 26.52% | -14.9% |
| Interest Expense | -$750.0K | $20.00K | $20.00K |
| YoY Change | -3850.0% | -133.33% | -60.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $251.0K | $230.0K | |
| YoY Change | 35.68% | ||
| Pretax Income | -$3.830M | -$4.110M | -$3.290M |
| YoY Change | -6.81% | 22.69% | -0.6% |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | |||
| Net Earnings | -$3.827M | -$4.162M | -$3.280M |
| YoY Change | -8.04% | 26.79% | 2.18% |
| Net Earnings / Revenue | -1894.78% | -3938.86% | -669.39% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$34.82M | -$46.22M | -$36.44M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 18.35M | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q3 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $9.100M | $14.20M | $17.40M |
| YoY Change | -35.92% | -42.97% | -38.73% |
| Cash & Equivalents | $9.025M | $14.24M | $17.34M |
| Short-Term Investments | $100.0K | $0.00 | $100.0K |
| Other Short-Term Assets | $461.5K | $422.5K | $186.6K |
| YoY Change | 9.23% | -93.5% | -67.16% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $150.0K | $123.9K | $103.5K |
| Other Receivables | $2.500M | $400.0K | $200.0K |
| Total Short-Term Assets | $12.55M | $15.28M | $18.22M |
| YoY Change | -17.87% | -53.4% | -48.52% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $248.1K | $244.6K | $263.9K |
| YoY Change | 1.44% | -18.47% | -16.89% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $324.1K | $348.0K | $335.9K |
| YoY Change | -6.87% | -76.8% | 3.26% |
| Total Long-Term Assets | $572.2K | $617.6K | $649.8K |
| YoY Change | -7.35% | -74.27% | -75.87% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $12.55M | $15.28M | $18.22M |
| Total Long-Term Assets | $572.2K | $617.6K | $649.8K |
| Total Assets | $13.13M | $15.90M | $18.87M |
| YoY Change | -17.46% | -54.83% | -50.45% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $639.8K | $321.7K | $352.8K |
| YoY Change | 98.9% | -54.05% | -29.63% |
| Accrued Expenses | $3.381M | $3.626M | $2.675M |
| YoY Change | -6.76% | -2.0% | -8.75% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $25.00K | $100.0K | $100.0K |
| YoY Change | -75.0% | 0.0% | 0.0% |
| Total Short-Term Liabilities | $9.148M | $4.048M | $2.960M |
| YoY Change | 126.0% | -58.27% | -67.95% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $25.00K | $50.00K | |
| YoY Change | -75.0% | 0.0% | |
| Other Long-Term Liabilities | $600.0K | $600.0K | $600.0K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Total Long-Term Liabilities | $0.00 | $25.00K | $50.00K |
| YoY Change | -100.0% | -96.43% | 0.0% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $9.148M | $4.048M | $2.960M |
| Total Long-Term Liabilities | $0.00 | $25.00K | $50.00K |
| Total Liabilities | $9.792M | $4.673M | $3.610M |
| YoY Change | 109.56% | -53.27% | -63.84% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$181.7M | -$168.9M | -$164.8M |
| YoY Change | 7.57% | 8.65% | |
| Common Stock | $185.3M | $181.0M | $180.8M |
| YoY Change | 2.43% | 0.18% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $141.9K | $132.4K | $132.0K |
| YoY Change | 7.19% | 1.0% | |
| Treasury Stock Shares | $7.341K | $39.33K | $3.865K |
| Shareholders Equity | $3.300M | $11.59M | $15.69M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $13.13M | $15.90M | $18.87M |
| YoY Change | -17.46% | -54.83% | -50.45% |
Cashflow Statement
| Concept | 2016 Q3 | 2015 Q3 | 2015 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$3.827M | -$4.162M | -$3.280M |
| YoY Change | -8.04% | 26.79% | 2.18% |
| Depreciation, Depletion And Amortization | $34.00K | $28.55K | $240.0K |
| YoY Change | 19.11% | -88.29% | 140.0% |
| Cash From Operating Activities | -$2.921M | -$3.118M | -$2.420M |
| YoY Change | -6.33% | -1.55% | -256.13% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | -$10.00K | -$30.00K |
| YoY Change | -100.0% | 200.0% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $10.00K | $100.0K | $20.00K |
| YoY Change | -90.0% | -103.32% | -100.24% |
| Cash From Investing Activities | -$30.00K | $93.11K | -$10.00K |
| YoY Change | -132.22% | -103.1% | -99.88% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $4.000K | $355.00 | |
| YoY Change | 1026.76% | -72.88% | |
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 5.225M | -25.36K | -20.00K |
| YoY Change | -20707.38% | -1.22% | -100.14% |
| NET CHANGE | |||
| Cash From Operating Activities | -2.921M | -3.118M | -2.420M |
| Cash From Investing Activities | -30.00K | 93.11K | -10.00K |
| Cash From Financing Activities | 5.225M | -25.36K | -20.00K |
| Net Change In Cash | 2.261M | -3.051M | -2.450M |
| YoY Change | -174.12% | -50.79% | -130.86% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$2.921M | -$3.118M | -$2.420M |
| Capital Expenditures | $0.00 | -$10.00K | -$30.00K |
| Free Cash Flow | -$2.921M | -$3.108M | -$2.390M |
| YoY Change | -6.03% | -1.87% | -253.21% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
240466 | |
| CY2016Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
389307 | |
| CY2015Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
456077 | |
| CY2016Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-152637 | |
| CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2674841 | |
| CY2016Q3 | optt |
Class Of Warrant Or Right Issued During The Period
ClassOfWarrantOrRightIssuedDuringThePeriod
|
1813870 | |
| CY2016Q3 | optt |
Class Of Warrant Or Right Transfers In Out
ClassOfWarrantOrRightTransfersInOut
|
||
| CY2016Q3 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
334676 | |
| CY2016Q3 | optt |
Customer Revenue Percentage
CustomerRevenuePercentage
|
1 | |
| CY2015Q3 | optt |
Customer Revenue Percentage
CustomerRevenuePercentage
|
1 | |
| CY2001Q2 | optt |
Deferred Credits Payable Market Discount Rate
DeferredCreditsPayableMarketDiscountRate
|
0.3 | |
| CY2001Q2 | optt |
Deferred Credits Payable Market Liquidated Damages Rate
DeferredCreditsPayableMarketLiquidatedDamagesRate
|
0.3 | |
| CY2001Q2 | optt |
Deferred Credits Payable Option Details
DeferredCreditsPayableOptionDetails
|
500000 | |
| CY2016Q3 | optt |
Litigation Receivable
LitigationReceivable
|
2500000 | |
| CY2016Q2 | optt |
Litigation Receivable
LitigationReceivable
|
2500000 | |
| CY2016Q3 | optt |
Number Of Financing Agreements Closed
NumberOfFinancingAgreementsClosed
|
2 | |
| CY2015Q3 | optt |
Ownership Percentage
OwnershipPercentage
|
1 | |
| CY2016Q2 | optt |
Warrant Liability Current
WarrantLiabilityCurrent
|
||
| CY2016Q3 | optt |
Warrant Liability Current
WarrantLiabilityCurrent
|
2565939 | |
| CY2016Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
639799 | |
| CY2016Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
372700 | |
| CY2016Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
150004 | |
| CY2016Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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| CY2016Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
3380932 | |
| CY2016Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
2674841 | |
| CY2016Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-122365 | |
| CY2016Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
185335452 | |
| CY2016Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
181670121 | |
| CY2016Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
83275 | |
| CY2016Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
218000 | |
| CY2015Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
145000 | |
| CY2016Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
711453 | |
| CY2015Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
188561 | |
| CY2016Q3 | us-gaap |
Assets
Assets
|
13125053 | |
| CY2016Q2 | us-gaap |
Assets
Assets
|
10351126 | |
| CY2016Q3 | us-gaap |
Assets Current
AssetsCurrent
|
12552867 | |
| CY2016Q2 | us-gaap |
Assets Current
AssetsCurrent
|
9758627 | |
| CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9024512 | |
| CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6729814 | |
| CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17335734 | |
| CY2015Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14237253 | |
| CY2016Q3 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2294698 | |
| CY2015Q3 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-3098481 | |
| CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
39146 | |
| CY2016Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
33616 | |
| CY2015Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
28545 | |
| CY2016Q3 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-752069 | |
| CY2015Q3 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
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| CY2016Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
| CY2016Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
| CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3551850 | |
| CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2352100 | |
| CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
3552 | |
| CY2016Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
2352 | |
| CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3857719 | |
| CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4247438 | |
| CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
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| CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
69726 | |
| CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3857719 | |
| CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-4177712 | |
| CY2016Q3 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">(i) Concentration of Credit Risk</div></div></div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: 36pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash balances, bank certificates of deposit and trade receivables. The Company invests its excess cash in highly liquid investments (principally, short-term bank deposits, Treasury bills, Treasury notes and money market funds) and does not believe that it is exposed to any significant risks related to its cash accounts, money market funds or certificates of deposit.</div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: 36pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The table below shows the percentage of the Company's revenues derived from customers whose revenues accounted for at least 10% of the Company's consolidated revenues for at least one of the periods indicated:</div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div><div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 80%; MARGIN-LEFT: 10%; MARGIN-RIGHT: 10%; TEXT-INDENT: 0px; width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%"><div style="display: inline; font-weight: bold;"> </div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center" colspan="6"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Three months ended July 31,</div></div> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; text-decoration: underline;"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Customer</div></div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2016</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BACKGROUND-COLOR: #ffffff" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: center; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">2015</div></div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff"> </td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="WIDTH: 62%; BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> <td style="BACKGROUND-COLOR: #ffffff"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #cceeff"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">US Department of Energy</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: right; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">―</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">100</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">%</td> </tr> <tr style="BACKGROUND-COLOR: #ffffff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: #ffffff"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: left; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Mitsui Engineering & Shipbuilding</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff">100</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #ffffff" nowrap="nowrap">%</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BACKGROUND-COLOR: #ffffff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: #ffffff" colspan="2"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: right; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">―</div></div></td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 1px; BACKGROUND-COLOR: #ffffff"> </td> </tr> <tr style="BACKGROUND-COLOR: #cceeff"> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 62%; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">100</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">%</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; BACKGROUND-COLOR: #cceeff"> </td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 16%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 3px double; TEXT-ALIGN: right; BACKGROUND-COLOR: #cceeff">100</td> <td style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 1%; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 3px; MARGIN-LEFT: 0pt; BACKGROUND-COLOR: #cceeff" nowrap="nowrap">%</td> </tr> </table> </div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: 36pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The loss of, or a significant reduction in revenues from a current customer could significantly impact the Company's financial position or results of operations. The Company does not require its customers to maintain collateral.</div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div> | |
| CY2016Q3 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
1309347 | |
| CY2015Q2 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
817509 | |
| CY2016Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
127285 | |
| CY2015Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
105666 | |
| CY2001Q2 | us-gaap |
Customer Advances Or Deposits Noncurrent
CustomerAdvancesOrDepositsNoncurrent
|
600000 | |
| CY2016Q3 | us-gaap |
Customer Advances Or Deposits Noncurrent
CustomerAdvancesOrDepositsNoncurrent
|
600000 | |
| CY2016Q2 | us-gaap |
Customer Advances Or Deposits Noncurrent
CustomerAdvancesOrDepositsNoncurrent
|
600000 | |
| CY2016Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
||
| CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.72 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.38 | |
| CY2016Q3 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-12970 | |
| CY2015Q3 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-47869 | |
| CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P219D | |
| CY2016Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
752069 | |
| CY2016 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | |
| CY2015Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
||
| CY2016Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
4635 | |
| CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
18959 | |
| CY2016Q3 | us-gaap |
Gross Profit
GrossProfit
|
75104 | |
| CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
||
| CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
| CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
263773 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-29212 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
150004 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
20411 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
214830 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1118561 | |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3118368 | |
| CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3827447 | |
| CY2016Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2920884 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-39146 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
||
| CY2016Q3 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
345223 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
236828 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
23807 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
9060 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-33418 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-27334 | |
| CY2016Q3 | us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
13239 | |
| CY2015Q3 | us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
-18214 | |
| CY2016Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-186 | |
| CY2015Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
5123 | |
| CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
9792031 | |
| CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
6822795 | |
| CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13125053 | |
| CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10351126 | |
| CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9147758 | |
| CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6168228 | |
| CY2016Q3 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
2500000 | |
| CY2016Q2 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
3000000 | |
| CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
25000 | |
| CY2016Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
50000 | |
| CY2016Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
44273 | |
| CY2016Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
54567 | |
| CY2016Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
61088 | |
| CY2016Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
81541 | |
| CY2016Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
25000 | |
| CY2016Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
50000 | |
| CY2016Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
||
| CY2016Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
||
| CY2016Q3 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
198819 | |
| CY2015Q2 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
198819 | |
| CY2016Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
100000 | |
| CY2016Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
75000 | |
| CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
0 | |
| CY2015Q3 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.118 | |
| CY2016Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5224695 | |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-25355 | |
| CY2016Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
3857 | |
| CY2015Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
93111 | |
| CY2016Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
116805 | |
| CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
324085 | |
| CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
319450 | |
| CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-30272 | |
| CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-63068 | |
| CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-30272 | |
| CY2016Q3 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
841168 | |
| CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4162041 | |
| CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
||
| CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
47397 | |
| CY2016Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
248101 | |
| CY2016Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
273049 | |
| CY2016Q3 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
| CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
3154931 | |
| CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
4389733 | |
| CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3079827 | |
| CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4389733 | |
| CY2016Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
307615 | |
| CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
273581 | |
| CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
461522 | |
| CY2015Q2 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
688389 | |
| CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
||
| CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
251007 | |
| CY2016Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
4121 | |
| CY2015Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
355 | |
| CY2016Q3 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
4561 | |
| CY2015Q3 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
9223 | |
| CY2016Q3 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
25000 | |
| CY2015Q3 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
||
| CY2016Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
| CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2016Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2016Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2016Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2016Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2016Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
| CY2016Q3 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
5261060 | |
| CY2015Q3 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
||
| CY2016Q3 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
||
| CY2015Q3 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
75000 | |
| CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-3827447 | |
| CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4114644 | |
| CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
248101 | |
| CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
273049 | |
| CY2016Q3 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
32244 | |
| CY2015Q3 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
25000 | |
| CY2016Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
1636372 | |
| CY2015Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
2482788 | |
| CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
266125 | |
| CY2016Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
299543 | |
| CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-181711458 | |
| CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-177884011 | |
| CY2016Q3 | us-gaap |
Revenues
Revenues
|
202389 | |
| CY2015Q3 | us-gaap |
Revenues
Revenues
|
105666 | |
| CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1518559 | |
| CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1906945 | |
| CY2016Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
218329 | |
| CY2016Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
137766 | |
| CY2016Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
4121 | |
| CY2016Q3 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
50704 | |
| CY2016Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
37465 | |
| CY2016Q3 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | |
| CY2016Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">(b) Use of Estimates</div></div></div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; BACKGROUND-COLOR: #ffffff; TEXT-INDENT: 36pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The preparation of the consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the recoverability of the carrying amount of property and equipment; fair value of warrant liabilities, valuation allowances for receivables and deferred income tax assets; estimated costs to complete projects; and percentage of completion of customer contracts for purposes of revenue recognition. Actual results could differ from those estimates. The current economic environment, particularly the macroeconomic pressures in certain European countries, has increased the degree of uncertainty inherent in those estimates and assumptions.</div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div> | |
| CY2016Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2228585 | |
| CY2015Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1751631 | |
| CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
145426 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
81482 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
45.49 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
735 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
72874 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.10 | |
| CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.10 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
643000 | |
| CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
89303 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
161442 | |
| CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
42.90 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
24.19 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
550000 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
77000 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
56.39 | |
| CY2016Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.58 | |
| CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
62000 | |
| CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P3Y36D | |
| CY2015Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y219D | |
| CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y109D | |
| CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P9Y219D | |
| CY2016Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
||
| CY2016Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3448202 | |
| CY2016Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
135054 | |
| CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3333022 | |
| CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3528331 | |
| CY2016Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
7341 | |
| CY2016Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
6894 | |
| CY2016Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
447 | |
| CY2015Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
6750 | |
| CY2016Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
141887 |
