2012 Q2 Form 10-Q Financial Statement

#000109690612001553 Filed on May 21, 2012

View on sec.gov

Income Statement

Concept 2012 Q2
Revenue $236.6K
YoY Change 2265.85%
Cost Of Revenue $10.00K
YoY Change
Gross Profit $236.6K
YoY Change
Gross Profit Margin 100.0%
Selling, General & Admin $1.596M
YoY Change 740.13%
% of Gross Profit 674.7%
Research & Development $190.0K
YoY Change
% of Gross Profit 80.31%
Depreciation & Amortization $21.24K
YoY Change
% of Gross Profit 8.98%
Operating Expenses $1.617M
YoY Change 751.31%
Operating Profit -$1.381M
YoY Change 626.79%
Interest Expense $244.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net $218.5K
YoY Change
Pretax Income -$1.078M
YoY Change 467.15%
Income Tax -$352.7K
% Of Pretax Income
Net Earnings -$724.9K
YoY Change 281.52%
Net Earnings / Revenue -306.4%
Basic Earnings Per Share -$0.02
Diluted Earnings Per Share -$0.02
COMMON SHARES
Basic Shares Outstanding 41.96M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.0K
YoY Change 0.0%
Cash & Equivalents $659.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $100.0K
YoY Change 0.0%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $0.00
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $100.0K
Total Long-Term Assets $0.00
Total Assets $100.0K
YoY Change -66.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.0K
YoY Change 0.0%
Accrued Expenses $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $100.0K
YoY Change 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $300.0K
YoY Change 50.0%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $100.0K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $300.0K
Total Long-Term Liabilities $100.0K
Total Liabilities $300.0K
YoY Change 50.0%
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 -$200.0K
YoY Change
Total Liabilities & Shareholders Equity $100.0K
YoY Change -66.67%

Cashflow Statement

Concept 2012 Q2
OPERATING ACTIVITIES
Net Income -$724.9K
YoY Change 281.52%
Depreciation, Depletion And Amortization $21.24K
YoY Change
Cash From Operating Activities -$260.0K
YoY Change 100.0%
INVESTING ACTIVITIES
Capital Expenditures $50.00K
YoY Change -350.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities $50.00K
YoY Change -350.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 250.0K
YoY Change
NET CHANGE
Cash From Operating Activities -260.0K
Cash From Investing Activities 50.00K
Cash From Financing Activities 250.0K
Net Change In Cash 40.00K
YoY Change -126.67%
FREE CASH FLOW
Cash From Operating Activities -$260.0K
Capital Expenditures $50.00K
Free Cash Flow -$310.0K
YoY Change 181.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41964269 shares

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