2015 Q2 Form 10-Q Financial Statement

#000117891315001496 Filed on May 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 Q1 2014 Q1
Revenue $90.00K $100.0K $95.00K
YoY Change 0.0% 5.26% -51.03%
Cost Of Revenue $0.00 $0.00 $3.000K
YoY Change -100.0% -50.0%
Gross Profit $90.00K $90.00K $92.00K
YoY Change 0.0% -2.17% -51.06%
Gross Profit Margin 100.0% 90.0% 96.84%
Selling, General & Admin $1.740M $1.530M $2.530M
YoY Change -25.64% -39.53% 118.1%
% of Gross Profit 1933.33% 1700.0% 2750.0%
Research & Development $6.182M $6.885M
YoY Change -10.21% 38.67%
% of Gross Profit 6868.89% 7483.7%
Depreciation & Amortization $570.0K $500.0K $480.0K
YoY Change 18.75% 4.17% 54.84%
% of Gross Profit 633.33% 555.56% 521.74%
Operating Expenses $5.910M $6.182M $6.885M
YoY Change -13.22% -10.21% 38.67%
Operating Profit -$5.820M -$7.529M -$9.287M
YoY Change -13.39% -18.93% 56.53%
Interest Expense $440.0K $100.0K $10.00K
YoY Change -15.38% 900.0% -96.0%
% of Operating Profit
Other Income/Expense, Net $80.00K $303.0K $11.00K
YoY Change 2654.55% -95.65%
Pretax Income -$5.300M -$7.230M -$9.280M
YoY Change -14.52% -22.09% 63.38%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.300M -$7.226M -$9.276M
YoY Change -14.52% -22.1% 63.31%
Net Earnings / Revenue -5888.89% -7226.0% -9764.21%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.74 -$1.02 -$1.41
COMMON SHARES
Basic Shares Outstanding 71.25M shares 70.53M shares 64.66M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.04M $41.09M $60.12M
YoY Change -3.47% -31.65% 0.48%
Cash & Equivalents $22.63M $8.944M $3.638M
Short-Term Investments $29.42M $32.15M $56.48M
Other Short-Term Assets $2.058M $1.501M $876.0K
YoY Change 127.4% 71.35%
Inventory
Prepaid Expenses $919.0K
Receivables $1.691M $204.0K
Other Receivables $621.0K $0.00
Total Short-Term Assets $56.87M $43.69M $64.71M
YoY Change -8.26% -32.48% 5.89%
LONG-TERM ASSETS
Property, Plant & Equipment $10.17M $9.729M $11.13M
YoY Change -6.01% -12.55% -3.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $360.0K $340.0K $320.0K
YoY Change 20.0% 6.25% -59.49%
Other Assets $1.000K $1.000K $18.00K
YoY Change -87.5% -94.44% -84.07%
Total Long-Term Assets $11.29M $10.75M $12.68M
YoY Change -6.22% -15.24% -4.14%
TOTAL ASSETS
Total Short-Term Assets $56.87M $43.69M $64.71M
Total Long-Term Assets $11.29M $10.75M $12.68M
Total Assets $68.16M $54.44M $77.39M
YoY Change -7.93% -29.66% 4.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.268M $2.395M $2.696M
YoY Change -5.69% -11.16% 4.62%
Accrued Expenses $910.0K $661.0K $1.155M
YoY Change -0.55% -42.77% 48.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.183M $5.016M $6.442M
YoY Change -16.41% -22.14% 11.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $502.0K $523.0K $611.0K
YoY Change -14.63% -14.4% -13.82%
Total Long-Term Liabilities $3.829M $3.866M $4.988M
YoY Change -14.97% -22.49% 9.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.183M $5.016M $6.442M
Total Long-Term Liabilities $3.829M $3.866M $4.988M
Total Liabilities $10.01M $8.882M $11.43M
YoY Change -15.87% -22.29% 10.78%
SHAREHOLDERS EQUITY
Retained Earnings -$138.5M -$133.2M -$107.6M
YoY Change 21.68% 23.76% 34.7%
Common Stock $1.000K $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $58.14M $45.56M $65.96M
YoY Change
Total Liabilities & Shareholders Equity $68.16M $54.44M $77.39M
YoY Change -7.93% -29.66% 4.1%

Cashflow Statement

Concept 2015 Q2 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$5.300M -$7.226M -$9.276M
YoY Change -14.52% -22.1% 63.31%
Depreciation, Depletion And Amortization $570.0K $500.0K $480.0K
YoY Change 18.75% 4.17% 54.84%
Cash From Operating Activities -$5.020M -$6.560M -$5.660M
YoY Change -6.17% 15.9% 13.65%
INVESTING ACTIVITIES
Capital Expenditures $190.0K $90.00K $270.0K
YoY Change 46.15% -66.67% -400.0%
Acquisitions
YoY Change
Other Investing Activities $3.060M $8.040M -$5.910M
YoY Change -46.78% -236.04% -164.59%
Cash From Investing Activities $2.870M $7.950M -$6.170M
YoY Change -48.75% -228.85% -166.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.83M 600.0K 10.84M
YoY Change 2538.33% -94.46% 36033.33%
NET CHANGE
Cash From Operating Activities -5.020M -6.560M -5.660M
Cash From Investing Activities 2.870M 7.950M -6.170M
Cash From Financing Activities 15.83M 600.0K 10.84M
Net Change In Cash 13.68M 1.990M -990.0K
YoY Change 1509.41% -301.01% -123.08%
FREE CASH FLOW
Cash From Operating Activities -$5.020M -$6.560M -$5.660M
Capital Expenditures $190.0K $90.00K $270.0K
Free Cash Flow -$5.210M -$6.650M -$5.930M
YoY Change -4.93% 12.14% 21.27%

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CY2011Q3 us-gaap Licenses Revenue
LicensesRevenue
7000000 USD
CY2011Q3 us-gaap Revenue From Grants
RevenueFromGrants
5000000 USD
CY2011Q3 us-gaap Proceeds From Customers
ProceedsFromCustomers
2000000 USD
psti Research And Development Milestone Revenue Receivable
ResearchAndDevelopmentMilestoneRevenueReceivable
37500000 USD
us-gaap Reimbursement Revenue
ReimbursementRevenue
10000000 USD
CY2013Q4 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
2500000 shares
CY2013Q4 psti Available For Sale Marketable Securities Number
AvailableForSaleMarketableSecuritiesNumber
1011504 shares
CY2013Q4 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
10414000 USD
CY2014Q4 psti Stock Issued During Period Shares Private Placement
StockIssuedDuringPeriodSharesPrivatePlacement
200000 shares
CY2014Q4 psti Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
528000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1862099 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.73
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
423 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1853676 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.74
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y4M13D
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
895000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1853676 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
3.74
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y4M13D
CY2015Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
895000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1853676 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
3.74
CY2015Q1 psti Warrants And Options Weighted Average Exercise Price Excercisable
WarrantsAndOptionsWeightedAverageExercisePriceExcercisable
5.19
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
204000 USD
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2263000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1501000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
905000 USD
psti Warrants And Options Weighted Average Remaining Contractual Term Exercisable
WarrantsAndOptionsWeightedAverageRemainingContractualTermExercisable
P3Y2M16D
CY2015Q1 psti Warrants And Options Aggregate Intrinsic Value Exercisable
WarrantsAndOptionsAggregateIntrinsicValueExercisable
294000 USD
CY2015Q1 psti Sharebased Goods And Nonemployees Services Transaction Warrants And Options Number Vested And Expected To Vest
SharebasedGoodsAndNonemployeesServicesTransactionWarrantsAndOptionsNumberVestedAndExpectedToVest
253000 shares
CY2015Q1 psti Warrants And Options Weighted Average Exercise Price Vested And Expected To Vest
WarrantsAndOptionsWeightedAverageExercisePriceVestedAndExpectedToVest
5.17
psti Warrants And Options Weighted Average Remaining Contractual Term Vested And Expected To Vest
WarrantsAndOptionsWeightedAverageRemainingContractualTermVestedAndExpectedToVest
P3Y2M23D
CY2015Q1 psti Warrants And Options Aggregate Intrinsic Value Vested And Expected To Vest
WarrantsAndOptionsAggregateIntrinsicValueVestedAndExpectedToVest
297000 USD
CY2015Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
19711000 USD
CY2015Q1 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1815000 USD
CY2015Q1 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
280000 USD
CY2015Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
21246000 USD
CY2014Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
27025000 USD
CY2014Q2 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2965000 USD
CY2014Q2 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
29000 USD
CY2014Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
29961000 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
2550000 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
260000 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
193000 USD
CY2015Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
20000 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
851000 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
17000 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
463000 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
12000 USD
CY2014Q2 us-gaap Assets Current
AssetsCurrent
61987000 USD
CY2015Q1 us-gaap Long Term Investments
LongTermInvestments
343000 USD
CY2014Q2 us-gaap Long Term Investments
LongTermInvestments
304000 USD
CY2015Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
674000 USD
CY2014Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
901000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9729000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10823000 USD
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8000 USD
CY2015Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
10747000 USD
CY2014Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
12036000 USD
CY2015Q1 us-gaap Short Term Investments
ShortTermInvestments
10900000 USD
CY2014Q2 us-gaap Short Term Investments
ShortTermInvestments
19451000 USD
CY2015Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
895000 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4914000 USD
CY2015Q1 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
21246000 USD
CY2014Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
29961000 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
43690000 USD
CY2015Q1 us-gaap Assets
Assets
54437000 USD
CY2014Q2 us-gaap Assets
Assets
74023000 USD
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
2395000 USD
CY2014Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3465000 USD
CY2015Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
661000 USD
CY2014Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
915000 USD
CY2015Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
379000 USD
CY2014Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
379000 USD
CY2015Q1 us-gaap Customer Advances Current
CustomerAdvancesCurrent
124000 USD
CY2014Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
247000 USD
CY2015Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
1457000 USD
CY2014Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
2391000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
5016000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
7397000 USD
CY2015Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2562000 USD
CY2014Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2847000 USD
CY2015Q1 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
781000 USD
CY2014Q2 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
1068000 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
523000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
588000 USD
CY2015Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
3866000 USD
CY2014Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4503000 USD
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2015Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
71043011 shares
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
68601452 shares
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
USD
CY2015Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
177555000 USD
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
172998000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-133216000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-113834000 USD
CY2015Q1 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
280000 USD
CY2014Q2 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1496000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2959000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
54437000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
74023000 USD
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68601452 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
71043011 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2015Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
98000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';"> <div> <div class="CursorPointer"> <table align="center" border="0" cellpadding="0" cellspacing="0" width="100%" style="font-family: times new roman; font-size: 10pt;"> <tr valign="top"> <td style="width: 3%;"> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"><font style="font-size: 10pt;">c.</font></div> </td> <td style="width: 97%;"> <div align="justify"><strong><font style="font-size: 10pt;">Use of estimates</font></strong></div> <div align="justify"><font style="font-size: 10pt;"></font><br/></div> <div align="justify"><font style="font-size: 10pt;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div> </td> </tr> </table> </div> </div> </div>
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2027000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-564000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-41000 USD
CY2014Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-29000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-86000 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
184000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5717000 USD
CY2015Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
282000 USD
CY2015Q1 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
5543000 USD
CY2015Q1 psti Stock Issued During Period Shares Private Placement
StockIssuedDuringPeriodSharesPrivatePlacement
200000 shares
CY2015Q1 psti Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
586000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10149000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
4.40
psti Sharebased Goods And Nonemployees Services Transaction Warrants And Options Granted
SharebasedGoodsAndNonemployeesServicesTransactionWarrantsAndOptionsGranted
1000 shares
psti Warrants And Options Granted Weighted Average Exercise Price
WarrantsAndOptionsGrantedWeightedAverageExercisePrice
0.00001
CY2015Q1 psti Non Refundable Payment Agreed To Be Paid By Lessor
NonRefundablePaymentAgreedToBePaidByLessor
925000 USD
CY2015Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-56000 USD
CY2014Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-842000 USD

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