2013 Q4 Form 10-K Financial Statement
#000119312514100078 Filed on March 14, 2014
Income Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| Revenue | $79.70M | $75.90M | $47.10M |
| YoY Change | -31.65% | -52.74% | -74.01% |
| Cost Of Revenue | $79.90M | $69.80M | $44.80M |
| YoY Change | -26.36% | -51.7% | -72.72% |
| Gross Profit | -$200.0K | $6.200M | $2.300M |
| YoY Change | -102.47% | -61.49% | -86.47% |
| Gross Profit Margin | -0.25% | 8.17% | 4.88% |
| Selling, General & Admin | $7.500M | $7.700M | $7.800M |
| YoY Change | -2.6% | -6.1% | 2.63% |
| % of Gross Profit | 124.19% | 339.13% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $2.800M | $2.700M | $2.400M |
| YoY Change | 27.27% | 35.0% | 14.29% |
| % of Gross Profit | 43.55% | 104.35% | |
| Operating Expenses | $7.600M | $7.700M | $7.900M |
| YoY Change | -6.17% | -6.1% | 3.95% |
| Operating Profit | -$7.800M | -$1.500M | -$5.600M |
| YoY Change | -139586437120000100.0% | -118.99% | -159.57% |
| Interest Expense | -$300.0K | -$200.0K | -$100.0K |
| YoY Change | 200.0% | 100.0% | 0.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Pretax Income | -$18.50M | -$1.200M | -$5.700M |
| YoY Change | 18400.0% | -115.38% | -161.29% |
| Income Tax | -$6.200M | -$200.0K | -$2.200M |
| % Of Pretax Income | |||
| Net Earnings | -$12.29M | -$926.0K | -$3.438M |
| YoY Change | 1128.7% | -119.29% | -161.39% |
| Net Earnings / Revenue | -15.42% | -1.22% | -7.3% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$1.025M | -$75.00K | -$283.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 11.96M | 11.95M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $184.5M | $98.00M | $97.40M |
| YoY Change | 31.32% | -23.85% | -9.31% |
| Cash & Equivalents | $145.5M | $59.00M | $52.40M |
| Short-Term Investments | $39.00M | $39.00M | $45.00M |
| Other Short-Term Assets | $42.50M | $40.00M | $39.70M |
| YoY Change | 25.37% | 28.62% | 16.76% |
| Inventory | $66.30M | $66.90M | $78.70M |
| Prepaid Expenses | |||
| Receivables | $4.000M | $20.60M | $11.00M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $297.4M | $225.5M | $226.8M |
| YoY Change | 13.86% | -5.21% | -7.2% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $75.50M | $86.10M | $93.70M |
| YoY Change | -8.82% | 4.49% | 15.82% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $20.30M | $18.80M | $18.40M |
| YoY Change | 5.73% | 7.43% | -4.66% |
| Total Long-Term Assets | $120.3M | $129.7M | $137.1M |
| YoY Change | -5.57% | 3.35% | 8.9% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $297.4M | $225.5M | $226.8M |
| Total Long-Term Assets | $120.3M | $129.7M | $137.1M |
| Total Assets | $417.7M | $355.2M | $363.9M |
| YoY Change | 7.49% | -2.26% | -1.73% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $16.00M | $20.90M | $13.80M |
| YoY Change | -52.24% | -28.91% | -63.4% |
| Accrued Expenses | $11.40M | $11.50M | $10.90M |
| YoY Change | -40.63% | -39.15% | -39.78% |
| 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 | $147.2M | $67.70M | $75.10M |
| YoY Change | 52.38% | -5.58% | -8.64% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $68.00M | $83.10M | $83.50M |
| YoY Change | -15.74% | 11.54% | 10.45% |
| Total Long-Term Liabilities | $68.00M | $83.10M | $83.50M |
| YoY Change | -15.74% | 11.54% | 10.45% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $147.2M | $67.70M | $75.10M |
| Total Long-Term Liabilities | $68.00M | $83.10M | $83.50M |
| Total Liabilities | $215.2M | $150.7M | $158.6M |
| YoY Change | 21.44% | 3.08% | 0.51% |
| 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 | $202.5M | $204.5M | $205.3M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $417.7M | $355.2M | $363.9M |
| YoY Change | 7.49% | -2.26% | -1.73% |
Cashflow Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$12.29M | -$926.0K | -$3.438M |
| YoY Change | 1128.7% | -119.29% | -161.39% |
| Depreciation, Depletion And Amortization | $2.800M | $2.700M | $2.400M |
| YoY Change | 27.27% | 35.0% | 14.29% |
| Cash From Operating Activities | $91.90M | -$2.600M | -$34.10M |
| YoY Change | 533.79% | -111.02% | 94.86% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.000M | -$1.200M | -$1.700M |
| YoY Change | -64.29% | -61.29% | -15.0% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$3.300M | $11.90M | -$3.600M |
| YoY Change | -91.97% | 693.33% | 414.29% |
| Cash From Investing Activities | -$4.400M | $10.70M | -$5.300M |
| YoY Change | -89.98% | -729.41% | 103.85% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.100M | -1.400M | 18.70M |
| YoY Change | 57.14% | 100.0% | -2437.5% |
| NET CHANGE | |||
| Cash From Operating Activities | 91.90M | -2.600M | -34.10M |
| Cash From Investing Activities | -4.400M | 10.70M | -5.300M |
| Cash From Financing Activities | -1.100M | -1.400M | 18.70M |
| Net Change In Cash | 86.40M | 6.700M | -20.70M |
| YoY Change | -387.04% | -68.4% | -0.96% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $91.90M | -$2.600M | -$34.10M |
| Capital Expenditures | -$1.000M | -$1.200M | -$1.700M |
| Free Cash Flow | $92.90M | -$1.400M | -$32.40M |
| YoY Change | 436.99% | -105.24% | 109.03% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11954238 | |
| CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-926000 | |
| CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12287000 | |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2644000 | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3438000 |
