2016 Q4 Form 10-K Financial Statement
#000149315217002495 Filed on March 16, 2017
Income Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| Revenue | $277.8K | $378.7K |
| YoY Change | -26.66% | -14.29% |
| Cost Of Revenue | $1.410M | $1.710M |
| YoY Change | -17.54% | 21.28% |
| Gross Profit | -$1.130M | -$1.330M |
| YoY Change | -15.04% | 37.11% |
| Gross Profit Margin | -406.83% | -351.16% |
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | $260.0K | $490.0K |
| YoY Change | -46.94% | -2.0% |
| % of Gross Profit | ||
| Depreciation & Amortization | $50.00K | $50.00K |
| YoY Change | 0.0% | 400.0% |
| % of Gross Profit | ||
| Operating Expenses | $260.0K | $490.0K |
| YoY Change | -46.94% | -2.0% |
| Operating Profit | -$1.390M | -$1.836M |
| YoY Change | -24.33% | 24.89% |
| Interest Expense | $0.00 | $10.00K |
| YoY Change | -100.0% | 0.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$1.390M | -$1.810M |
| YoY Change | -23.2% | 23.97% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$1.385M | -$1.825M |
| YoY Change | -24.1% | 24.83% |
| Net Earnings / Revenue | -498.71% | -481.87% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$57.82K | -$75.67K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 24.04M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.210M | $7.230M |
| YoY Change | -55.6% | -20.29% |
| Cash & Equivalents | $1.690M | $5.712M |
| Short-Term Investments | $1.520M | $1.510M |
| Other Short-Term Assets | $260.0K | $130.0K |
| YoY Change | 100.0% | 8.33% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $1.120M | $1.315M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $4.590M | $8.674M |
| YoY Change | -47.08% | -16.33% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $650.0K | $836.2K |
| YoY Change | -22.27% | 26.66% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $0.00 | |
| YoY Change | -100.0% | |
| Other Assets | $30.00K | $30.00K |
| YoY Change | 0.0% | 0.0% |
| Total Long-Term Assets | $680.0K | $869.8K |
| YoY Change | -21.82% | -60.42% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.590M | $8.674M |
| Total Long-Term Assets | $680.0K | $869.8K |
| Total Assets | $5.270M | $9.544M |
| YoY Change | -44.78% | -24.04% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $30.00K | $46.73K |
| YoY Change | -35.81% | -70.67% |
| Accrued Expenses | $340.0K | $421.5K |
| YoY Change | -19.33% | 30.34% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $370.0K | $468.2K |
| YoY Change | -20.98% | -3.0% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $370.0K | $468.2K |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $370.0K | $470.0K |
| YoY Change | -21.28% | -2.08% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$102.4M | |
| YoY Change | 4.36% | |
| Common Stock | $111.5M | |
| YoY Change | 1.16% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $4.900M | $9.076M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.270M | $9.544M |
| YoY Change | -44.78% | -24.04% |
Cashflow Statement
| Concept | 2016 Q4 | 2015 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.385M | -$1.825M |
| YoY Change | -24.1% | 24.83% |
| Depreciation, Depletion And Amortization | $50.00K | $50.00K |
| YoY Change | 0.0% | 400.0% |
| Cash From Operating Activities | -$1.300M | -$720.0K |
| YoY Change | 80.56% | 16.13% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | -$10.00K |
| YoY Change | -100.0% | -98.08% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$10.00K | $0.00 |
| YoY Change | -100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 0.000 | 10.00K |
| YoY Change | -100.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | -1.300M | -720.0K |
| Cash From Investing Activities | -10.00K | 0.000 |
| Cash From Financing Activities | 0.000 | 10.00K |
| Net Change In Cash | -1.310M | -710.0K |
| YoY Change | 84.51% | -118.07% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.300M | -$720.0K |
| Capital Expenditures | $0.00 | -$10.00K |
| Free Cash Flow | -$1.300M | -$710.0K |
| YoY Change | 83.1% | 610.0% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1389561 | USD |
| CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1836272 | USD |
| CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1385228 | USD |
| CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1825038 | USD |
| CY2016Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
| CY2015Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
| CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | |
| CY2016Q4 | us-gaap |
Licenses Revenue
LicensesRevenue
|
277760 | USD |
| CY2015Q4 | us-gaap |
Licenses Revenue
LicensesRevenue
|
378744 | USD |
