2015 Q1 Form 10-Q Financial Statement

#000107997315000367 Filed on May 12, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $10.00K $52.00K
YoY Change -80.77%
Cost Of Revenue $0.00 $31.91K
YoY Change -100.0%
Gross Profit $10.00K $20.00K
YoY Change -50.0%
Gross Profit Margin 100.0% 38.46%
Selling, General & Admin $1.540M $1.894M
YoY Change -18.71% 32.67%
% of Gross Profit 15400.0% 9472.21%
Research & Development $710.0K $1.052M
YoY Change -32.53% -25.47%
% of Gross Profit 7100.0% 5261.49%
Depreciation & Amortization $64.02K $82.60K
YoY Change -22.49% -4.85%
% of Gross Profit 640.21% 412.98%
Operating Expenses $2.220M $2.947M
YoY Change -24.66% 3.76%
Operating Profit -$2.210M -$2.904M
YoY Change -23.89% 2.92%
Interest Expense $30.00K $36.79K
YoY Change -18.46% -16.5%
% of Operating Profit
Other Income/Expense, Net -$43.91K
YoY Change -329.82%
Pretax Income -$2.190M -$2.950M
YoY Change -25.76% 5.36%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$2.190M -$2.948M
YoY Change -25.71% 5.21%
Net Earnings / Revenue -21900.0% -5669.23%
Basic Earnings Per Share
Diluted Earnings Per Share -$565.9K -$1.093M
COMMON SHARES
Basic Shares Outstanding 30.99M shares 22.18M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.10M $12.90M
YoY Change 71.32% 38.71%
Cash & Equivalents $4.200M $3.985M
Short-Term Investments $17.90M $8.900M
Other Short-Term Assets $300.0K $400.0K
YoY Change -25.0% 33.33%
Inventory
Prepaid Expenses
Receivables $4.400K $55.00K
Other Receivables
Total Short-Term Assets $22.40M $13.28M
YoY Change 68.65% 39.02%
LONG-TERM ASSETS
Property, Plant & Equipment $2.100M $2.217M
YoY Change -5.28% -8.72%
Goodwill $387.2K $387.2K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.625M
YoY Change 0.86%
Total Long-Term Assets $3.700M $3.842M
YoY Change -3.69% -4.9%
TOTAL ASSETS
Total Short-Term Assets $22.40M $13.28M
Total Long-Term Assets $3.700M $3.842M
Total Assets $26.10M $17.12M
YoY Change 52.42% 25.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.0K $695.0K
YoY Change -42.45% -1.39%
Accrued Expenses $300.0K $421.7K
YoY Change -28.87% -6.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $200.0K
YoY Change 0.0% -89.47%
Total Short-Term Liabilities $1.000M $1.695M
YoY Change -41.02% -47.34%
LONG-TERM LIABILITIES
Long-Term Debt $2.000M $2.100M
YoY Change -4.76% 200.0%
Other Long-Term Liabilities $1.200M $1.300M
YoY Change -7.69% 0.0%
Total Long-Term Liabilities $3.200M $3.400M
YoY Change -5.88% 70.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.000M $1.695M
Total Long-Term Liabilities $3.200M $3.400M
Total Liabilities $4.200M $5.139M
YoY Change -18.27% -1.57%
SHAREHOLDERS EQUITY
Retained Earnings -$89.33M
YoY Change 15.96%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.90M $11.98M
YoY Change
Total Liabilities & Shareholders Equity $26.10M $17.12M
YoY Change 52.42% 25.97%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$2.190M -$2.948M
YoY Change -25.71% 5.21%
Depreciation, Depletion And Amortization $64.02K $82.60K
YoY Change -22.49% -4.85%
Cash From Operating Activities -$2.290M -$2.840M
YoY Change -19.37% 14.89%
INVESTING ACTIVITIES
Capital Expenditures $2.200K
YoY Change -79.71%
Acquisitions
YoY Change
Other Investing Activities $3.100M -$230.0K
YoY Change -1447.83% -95.9%
Cash From Investing Activities $3.080M -$280.0K
YoY Change -1200.0% -95.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.580M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -130.0K 1.440M
YoY Change -109.03% -498.6%
NET CHANGE
Cash From Operating Activities -2.290M -2.840M
Cash From Investing Activities 3.080M -280.0K
Cash From Financing Activities -130.0K 1.440M
Net Change In Cash 660.0K -1.680M
YoY Change -139.29% -80.2%
FREE CASH FLOW
Cash From Operating Activities -$2.290M -$2.840M
Capital Expenditures $2.200K
Free Cash Flow -$2.290M -$2.842M
YoY Change -19.43% 14.48%

Facts In Submission

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CY2015Q1 dei Document Type
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10-Q

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appy-20150331.xml Edgar Link completed
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