2015 Q2 Form 10-Q Financial Statement

#000139681415000009 Filed on July 30, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $59.15M $47.17M
YoY Change 25.41% 175.16%
Cost Of Revenue $18.93M $19.95M
YoY Change -5.14% 95.36%
Gross Profit $40.22M $27.21M
YoY Change 47.8% 292.83%
Gross Profit Margin 68.0% 57.69%
Selling, General & Admin $34.75M $24.84M
YoY Change 39.92% 76.4%
% of Gross Profit 86.41% 91.28%
Research & Development $3.649M $5.216M
YoY Change -30.04% 7.39%
% of Gross Profit 9.07% 19.17%
Depreciation & Amortization $2.700M $2.300M
YoY Change 17.39% 187.5%
% of Gross Profit 6.71% 8.45%
Operating Expenses $57.33M $50.01M
YoY Change 14.64% 71.54%
Operating Profit $1.818M -$2.842M
YoY Change -163.97% -76.34%
Interest Expense $1.940M $2.079M
YoY Change -6.69% 8.62%
% of Operating Profit 106.71%
Other Income/Expense, Net -$1.771M -$2.195M
YoY Change -19.32% 8.61%
Pretax Income $47.00K -$5.037M
YoY Change -100.93% -64.1%
Income Tax $39.00K $0.00
% Of Pretax Income 82.98%
Net Earnings $8.000K -$5.037M
YoY Change -100.16% -64.1%
Net Earnings / Revenue 0.01% -10.68%
Basic Earnings Per Share -$0.14
Diluted Earnings Per Share $0.00 -$0.14
COMMON SHARES
Basic Shares Outstanding 36.48M shares 35.46M shares
Diluted Shares Outstanding 41.45M shares 35.46M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.1M $163.9M
YoY Change -6.59% 70.73%
Cash & Equivalents $32.72M $108.2M
Short-Term Investments $120.4M $55.70M
Other Short-Term Assets $3.400M $5.300M
YoY Change -35.85% 47.22%
Inventory $48.77M $19.19M
Prepaid Expenses
Receivables $24.28M $20.55M
Other Receivables $0.00 $0.00
Total Short-Term Assets $229.6M $208.9M
YoY Change 9.92% 71.95%
LONG-TERM ASSETS
Property, Plant & Equipment $77.81M $53.51M
YoY Change 45.4% 27.22%
Goodwill $27.12M $12.52M
YoY Change 116.64% 39.42%
Intangibles
YoY Change
Long-Term Investments $17.90M $13.50M
YoY Change 32.59%
Other Assets $2.252M $3.103M
YoY Change -27.43% -16.41%
Total Long-Term Assets $125.4M $83.17M
YoY Change 50.73% 46.07%
TOTAL ASSETS
Total Short-Term Assets $229.6M $208.9M
Total Long-Term Assets $125.4M $83.17M
Total Assets $355.0M $292.1M
YoY Change 21.54% 63.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.30M $3.145M
YoY Change 322.86% 83.7%
Accrued Expenses $26.79M $23.04M
YoY Change 16.3% 87.89%
Deferred Revenue
YoY Change
Short-Term Debt $103.9M $101.0M
YoY Change 2.87%
Long-Term Debt Due $0.00 $900.0K
YoY Change -100.0% 0.0%
Total Short-Term Liabilities $145.5M $129.5M
YoY Change 12.33% 717.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $5.447M $4.384M
YoY Change 24.25% 59.83%
Total Long-Term Liabilities $5.447M $4.384M
YoY Change 24.25% -95.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $145.5M $129.5M
Total Long-Term Liabilities $5.447M $4.384M
Total Liabilities $159.7M $144.1M
YoY Change 10.83% 20.81%
SHAREHOLDERS EQUITY
Retained Earnings -$308.9M -$312.9M
YoY Change -1.3% 16.04%
Common Stock $37.00K $36.00K
YoY Change 2.78% 9.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares
Shareholders Equity $195.3M $148.0M
YoY Change
Total Liabilities & Shareholders Equity $355.0M $292.1M
YoY Change 21.54% 63.69%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $8.000K -$5.037M
YoY Change -100.16% -64.1%
Depreciation, Depletion And Amortization $2.700M $2.300M
YoY Change 17.39% 187.5%
Cash From Operating Activities $10.01M $8.220M
YoY Change 21.78% -161.76%
INVESTING ACTIVITIES
Capital Expenditures -$14.67M -$6.020M
YoY Change 143.69% 245.98%
Acquisitions
YoY Change
Other Investing Activities -$6.170M -$24.55M
YoY Change -74.87% 549.47%
Cash From Investing Activities -$20.85M -$30.58M
YoY Change -31.82% 453.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.650M 111.8M
YoY Change -97.63% 9374.58%
NET CHANGE
Cash From Operating Activities 10.01M 8.220M
Cash From Investing Activities -20.85M -30.58M
Cash From Financing Activities 2.650M 111.8M
Net Change In Cash -8.190M 89.44M
YoY Change -109.16% -606.74%
FREE CASH FLOW
Cash From Operating Activities $10.01M $8.220M
Capital Expenditures -$14.67M -$6.020M
Free Cash Flow $24.68M $14.24M
YoY Change 73.31% -223.08%

Facts In Submission

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