2014 Form 10-K Financial Statement
#000104746915002166 Filed on March 13, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $5.380M |
| YoY Change | 22.33% |
| Cost Of Revenue | $2.320M |
| YoY Change | 389.45% |
| Gross Profit | $3.060M |
| YoY Change | -22.02% |
| Gross Profit Margin | 56.88% |
| Selling, General & Admin | $6.520M |
| YoY Change | 5.83% |
| % of Gross Profit | 213.07% |
| Research & Development | $29.26M |
| YoY Change | 25.44% |
| % of Gross Profit | 956.21% |
| Depreciation & Amortization | $1.450M |
| YoY Change | 113.55% |
| % of Gross Profit | 47.39% |
| Operating Expenses | $35.78M |
| YoY Change | 24.0% |
| Operating Profit | -$32.72M |
| YoY Change | 31.24% |
| Interest Expense | $160.0K |
| YoY Change | -8.05% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$10.00K |
| YoY Change | -104.78% |
| Pretax Income | -$32.58M |
| YoY Change | 30.81% |
| Income Tax | $110.0K |
| % Of Pretax Income | |
| Net Earnings | -$32.68M |
| YoY Change | 31.83% |
| Net Earnings / Revenue | -607.43% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$130.70 |
| COMMON SHARES | |
| Basic Shares Outstanding | 49.53K |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $23.50M |
| YoY Change | -35.79% |
| Cash & Equivalents | $3.100M |
| Short-Term Investments | $20.40M |
| Other Short-Term Assets | $700.0K |
| YoY Change | 0.0% |
| Inventory | $900.0K |
| Prepaid Expenses | |
| Receivables | $200.0K |
| Other Receivables | $100.0K |
| Total Short-Term Assets | $25.50M |
| YoY Change | -33.59% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $900.0K |
| YoY Change | 28.57% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $2.200M |
| YoY Change | -84.17% |
| Other Assets | $200.0K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $27.10M |
| YoY Change | -31.57% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $25.50M |
| Total Long-Term Assets | $27.10M |
| Total Assets | $52.60M |
| YoY Change | -32.56% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $500.0K |
| YoY Change | 66.67% |
| Accrued Expenses | $1.000M |
| YoY Change | 0.0% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $2.800M |
| YoY Change | 16.67% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $200.0K |
| YoY Change | 0.0% |
| Total Long-Term Liabilities | $200.0K |
| YoY Change | 0.0% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.800M |
| Total Long-Term Liabilities | $200.0K |
| Total Liabilities | $3.100M |
| YoY Change | 19.23% |
| 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 | $49.50M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $52.60M |
| YoY Change | -32.56% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$32.68M |
| YoY Change | 31.83% |
| Depreciation, Depletion And Amortization | $1.450M |
| YoY Change | 113.55% |
| Cash From Operating Activities | -$26.31M |
| YoY Change | 16.16% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $600.0K |
| YoY Change | 289.61% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $23.41M |
| YoY Change | -420.25% |
| Cash From Investing Activities | $22.82M |
| YoY Change | -405.9% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.240M |
| YoY Change | -92.99% |
| NET CHANGE | |
| Cash From Operating Activities | -26.31M |
| Cash From Investing Activities | 22.82M |
| Cash From Financing Activities | 2.240M |
| Net Change In Cash | -1.250M |
| YoY Change | -168.31% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$26.31M |
| Capital Expenditures | $600.0K |
| Free Cash Flow | -$26.91M |
| YoY Change | 18.01% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49528 |
