2011 Q4 Form 10-Q Financial Statement
#000144530511003224 Filed on November 04, 2011
Income Statement
Concept | 2011 Q4 | 2011 Q3 | 2010 Q3 |
---|---|---|---|
Revenue | $2.910M | $1.620M | $4.187M |
YoY Change | 293.24% | -61.3% | 97.49% |
Cost Of Revenue | $2.000M | $1.011M | $2.907M |
YoY Change | 308.16% | -65.24% | 277.56% |
Gross Profit | $910.0K | $609.9K | $1.280M |
YoY Change | 279.17% | -52.33% | -5.22% |
Gross Profit Margin | 31.27% | 37.64% | 30.56% |
Selling, General & Admin | $2.270M | ||
YoY Change | |||
% of Gross Profit | 249.45% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | |
% of Gross Profit | 1.1% | 1.64% | 0.78% |
Operating Expenses | $2.270M | $1.412M | $1.623M |
YoY Change | 40.12% | -13.0% | 42.41% |
Operating Profit | -$1.360M | -$802.5K | -$344.0K |
YoY Change | -1.45% | 133.32% | -263.79% |
Interest Expense | $20.00K | $800.00 | $241.00 |
YoY Change | 231.95% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Pretax Income | -$1.340M | -$803.3K | -$344.2K |
YoY Change | -2.19% | 133.39% | -263.9% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.340M | -$803.3K | -$344.2K |
YoY Change | -2.19% | 133.39% | -263.9% |
Net Earnings / Revenue | -46.05% | -49.57% | -8.22% |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | -$2.197M | -$1.356M | -$607.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 301.3M shares | 291.4M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2011 Q4 | 2011 Q3 | 2010 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.200M | $980.0K | $1.230M |
YoY Change | 60.0% | -20.33% | 26.8% |
Cash & Equivalents | $996.0K | $984.0K | $1.230M |
Short-Term Investments | $210.0K | ||
Other Short-Term Assets | $1.100M | $1.510M | $1.020M |
YoY Change | 2.8% | 48.04% | 43.66% |
Inventory | $876.7K | $1.068M | $1.130M |
Prepaid Expenses | $574.1K | $537.2K | |
Receivables | $194.3K | $328.2K | $520.0K |
Other Receivables | $0.00 | $0.00 | $90.00K |
Total Short-Term Assets | $3.368M | $3.889M | $4.000M |
YoY Change | 6.05% | -2.77% | -8.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $91.00K | $95.77K | $50.00K |
YoY Change | 26.74% | 91.55% | 25.0% |
Goodwill | |||
YoY Change | |||
Intangibles | $7.100K | $7.301K | |
YoY Change | -11.25% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $1.470M | $1.060M | |
YoY Change | |||
Total Long-Term Assets | $1.566M | $1.168M | $60.00K |
YoY Change | 1862.53% | 1846.06% | 50.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.368M | $3.889M | $4.000M |
Total Long-Term Assets | $1.566M | $1.168M | $60.00K |
Total Assets | $4.934M | $5.057M | $4.060M |
YoY Change | 51.55% | 24.56% | -7.52% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $490.0K | $330.0K | $360.0K |
YoY Change | 68.97% | -8.33% | -53.25% |
Accrued Expenses | $1.330M | $520.0K | $740.0K |
YoY Change | 182.98% | -29.73% | 45.1% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $10.00K | $10.00K | |
YoY Change | 0.0% | ||
Total Short-Term Liabilities | $2.141M | $2.107M | $1.280M |
YoY Change | 129.34% | 64.61% | -22.42% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $20.00K | $30.00K | $0.00 |
YoY Change | 100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $20.00K | $30.00K | $0.00 |
YoY Change | 100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.141M | $2.107M | $1.280M |
Total Long-Term Liabilities | $20.00K | $30.00K | $0.00 |
Total Liabilities | $2.160M | $2.130M | $1.280M |
YoY Change | 129.79% | 66.41% | -22.42% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$46.81M | -$45.47M | |
YoY Change | 9.28% | ||
Common Stock | $308.8K | $301.3K | |
YoY Change | 7.78% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.772M | $2.925M | $2.780M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.934M | $5.057M | $4.060M |
YoY Change | 51.55% | 24.56% | -7.52% |
Cashflow Statement
Concept | 2011 Q4 | 2011 Q3 | 2010 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.340M | -$803.3K | -$344.2K |
YoY Change | -2.19% | 133.39% | -263.9% |
Depreciation, Depletion And Amortization | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | |
Cash From Operating Activities | $110.0K | $430.0K | -$1.780M |
YoY Change | -222.22% | -124.16% | -25.52% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.00K | -$10.00K | -$10.00K |
YoY Change | 0.0% | 0.0% | -50.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$10.00K | -$10.00K | -$10.00K |
YoY Change | 0.0% | 0.0% | -50.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -80.00K | 70.00K | 260.0K |
YoY Change | -78.95% | -73.08% | -23.53% |
NET CHANGE | |||
Cash From Operating Activities | 110.0K | 430.0K | -1.780M |
Cash From Investing Activities | -10.00K | -10.00K | -10.00K |
Cash From Financing Activities | -80.00K | 70.00K | 260.0K |
Net Change In Cash | 20.00K | 490.0K | -1.530M |
YoY Change | -104.17% | -132.03% | -26.09% |
FREE CASH FLOW | |||
Cash From Operating Activities | $110.0K | $430.0K | -$1.780M |
Capital Expenditures | -$10.00K | -$10.00K | -$10.00K |
Free Cash Flow | $120.0K | $440.0K | -$1.770M |
YoY Change | -250.0% | -124.86% | -25.32% |
Facts In Submission
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---|---|---|---|---|
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Accounts Payable Current And Noncurrent
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Operating Income Loss
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Other Income
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|
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Revenues
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Revenues
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Other Income
OtherIncome
|
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Prepaid Expense And Other Assets Noncurrent
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|
15000 | USD | |
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Provision For Doubtful Accounts
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|
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|
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Revenues
Revenues
|
4186737 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
339000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
339000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
1277427 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
0 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-217996 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-308827 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
308827 | USD | |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2311898 | USD |
CY2011Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2924829 | USD |
payd |
Stock Subscription Receivable
StockSubscriptionReceivable
|
70000 | USD | |
payd |
Stock Subscription Receivable
StockSubscriptionReceivable
|
0 | USD | |
payd |
Weighted Average Number Of Shares Outstanding Basic Diluted
WeightedAverageNumberOfSharesOutstandingBasicDiluted
|
290835033 | shares | |
CY2011Q3 | payd |
Weighted Average Number Of Shares Outstanding Basic Diluted
WeightedAverageNumberOfSharesOutstandingBasicDiluted
|
295014276 | shares |
CY2010Q3 | payd |
Weighted Average Number Of Shares Outstanding Basic Diluted
WeightedAverageNumberOfSharesOutstandingBasicDiluted
|
279750389 | shares |
payd |
Weighted Average Number Of Shares Outstanding Basic Diluted
WeightedAverageNumberOfSharesOutstandingBasicDiluted
|
274484126 | shares | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001017655 | ||
CY2011Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
301262309 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
PAID INC |