$RMTI
ROCKWELL MEDICAL, INC.

2014 Q1 Form 10-K Financial Statement

#000104746914001989 Filed on March 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2013 Q3
Revenue $12.96M $13.96M $13.09M
YoY Change 5.08% 7.42% 3.19%
Cost Of Revenue $11.28M $11.90M $11.46M
YoY Change 2.03% 5.37% 3.78%
Gross Profit $1.680M $2.060M $1.633M
YoY Change 31.15% 21.01% -0.77%
Gross Profit Margin 12.96% 14.75% 12.47%
Selling, General & Admin $4.090M $3.795M $3.386M
YoY Change 4.43% 4.4% 1.83%
% of Gross Profit 243.47% 184.25% 207.34%
Research & Development $4.620M $5.794M $10.61M
YoY Change -63.78% -50.7% -34.65%
% of Gross Profit 275.01% 281.26% 649.69%
Depreciation & Amortization $257.8K $260.0K $250.0K
YoY Change 2.89% 0.0% -7.41%
% of Gross Profit 15.34% 12.62% 15.31%
Operating Expenses $4.090M $9.589M $14.00M
YoY Change -75.47% -37.68% -28.45%
Operating Profit -$2.410M -$7.529M -$12.36M
YoY Change -84.34% -44.98% -30.99%
Interest Expense -$780.0K -$800.0K -$840.0K
YoY Change -7900.0% -8100.0% -2200.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$7.806M -$8.332M -$13.21M
YoY Change -49.25% -39.06% -26.11%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$7.806M -$8.332M -$13.21M
YoY Change -49.25% -39.06% -26.11%
Net Earnings / Revenue -60.21% -59.67% -100.87%
Basic Earnings Per Share -$0.20 -$0.34
Diluted Earnings Per Share -$0.20 -$210.5K -$0.34
COMMON SHARES
Basic Shares Outstanding 40.75M shares 40.00M shares 39.33M shares
Diluted Shares Outstanding 39.81M shares 39.33M shares

Balance Sheet

Concept 2014 Q1 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.73M $23.92M $31.22M
YoY Change 155.29% 407.86% 177.51%
Cash & Equivalents $661.1K $11.88M $21.21M
Short-Term Investments $14.07M $12.03M $10.00M
Other Short-Term Assets $602.4K $623.7K $687.4K
YoY Change -44.54% -54.01% -60.95%
Inventory $2.910M $2.800M $2.810M
Prepaid Expenses
Receivables $4.100M $4.578M $4.222M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $22.34M $31.92M $38.94M
YoY Change 57.47% 142.73% 94.71%
LONG-TERM ASSETS
Property, Plant & Equipment $1.761M $1.649M $1.705M
YoY Change -1.72% -11.27% -12.1%
Goodwill $920.7K $920.7K $920.7K
YoY Change 0.0% 0.0%
Intangibles $458.0K $499.7K $541.5K
YoY Change -26.73% -25.05%
Long-Term Investments
YoY Change
Other Assets $1.311M $1.375M $1.492M
YoY Change 196.55% 219.96% 129.57%
Total Long-Term Assets $4.451M $4.444M $4.660M
YoY Change 17.76% 14.67% 10.42%
TOTAL ASSETS
Total Short-Term Assets $22.34M $31.92M $38.94M
Total Long-Term Assets $4.451M $4.444M $4.660M
Total Assets $26.79M $36.36M $43.60M
YoY Change 49.12% 113.58% 80.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.133M $8.686M $7.112M
YoY Change -68.12% -41.44% -12.09%
Accrued Expenses $4.606M $6.648M $10.12M
YoY Change -62.52% -44.68% -31.08%
Deferred Revenue
YoY Change
Short-Term Debt $4.110M $0.00 $570.0K
YoY Change
Long-Term Debt Due $4.113M $2.308M $571.4K
YoY Change
Total Short-Term Liabilities $14.10M $17.85M $18.07M
YoY Change -50.48% -33.86% -21.6%
LONG-TERM LIABILITIES
Long-Term Debt $16.22M $17.92M $19.43M
YoY Change
Other Long-Term Liabilities $16.22M $17.92M $19.43M
YoY Change
Total Long-Term Liabilities $16.22M $17.92M $19.43M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $14.10M $17.85M $18.07M
Total Long-Term Liabilities $16.22M $17.92M $19.43M
Total Liabilities $30.32M $35.77M $37.50M
YoY Change 6.5% 32.52% 62.69%
SHAREHOLDERS EQUITY
Retained Earnings -$166.6M -$158.8M -$150.5M
YoY Change 32.87% 44.35%
Common Stock $158.8M $154.5M $151.4M
YoY Change 48.55% 66.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.527M $595.5K $6.101M
YoY Change
Total Liabilities & Shareholders Equity $26.79M $36.36M $43.60M
YoY Change 49.12% 113.58% 80.02%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income -$7.806M -$8.332M -$13.21M
YoY Change -49.25% -39.06% -26.11%
Depreciation, Depletion And Amortization $257.8K $260.0K $250.0K
YoY Change 2.89% 0.0% -7.41%
Cash From Operating Activities -$10.37M -$8.140M -$9.690M
YoY Change -8.34% 13.53% 10.24%
INVESTING ACTIVITIES
Capital Expenditures -$330.0K -$150.0K -$190.0K
YoY Change 120.0% -135.71% -72.46%
Acquisitions
YoY Change
Other Investing Activities -$2.000M -$2.010M -$10.00M
YoY Change -20100.0% -120.02% -350.63%
Cash From Investing Activities -$2.330M -$2.160M -$10.18M
YoY Change 1480.85% -120.65% -408.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.475M 970.0K 130.0K
YoY Change -88.22% 304.17% -35.0%
NET CHANGE
Cash From Operating Activities -$10.37M -8.140M -9.690M
Cash From Investing Activities -$2.330M -2.160M -10.18M
Cash From Financing Activities $1.475M 970.0K 130.0K
Net Change In Cash -$11.22M -9.330M -19.74M
YoY Change -1155.96% -364.31% 273.16%
FREE CASH FLOW
Cash From Operating Activities -$10.37M -$8.140M -$9.690M
Capital Expenditures -$330.0K -$150.0K -$190.0K
Free Cash Flow -$10.04M -$7.990M -$9.500M
YoY Change -10.06% 5.27% 17.28%

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CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
135645000 USD
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40748161 shares
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4711730 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1356131 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4431932 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
13149432 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
666744 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
429723 USD
CY2012Q4 us-gaap Assets
Assets
17025086 USD
CY2013Q4 us-gaap Assets
Assets
36362124 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
14833565 USD
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12015978 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
26986956 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
92866458 USD
CY2012Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
7178929 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-110007257 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
-9961870 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17025086 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
36362124 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
595539 USD
CY2013Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
983071 shares
CY2012Q4 rmti Common Share Warrants Issued
CommonShareWarrantsIssued
2233240 shares
CY2012Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2233240 shares
CY2012 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
49842392 USD
CY2011 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
48966231 USD
CY2012 us-gaap Cost Of Goods Sold
CostOfGoodsSold
43148965 USD
CY2011 us-gaap Cost Of Goods Sold
CostOfGoodsSold
43323321 USD
CY2012 us-gaap Gross Profit
GrossProfit
6693427 USD
CY2011 us-gaap Gross Profit
GrossProfit
5642910 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12683860 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9522305 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
-54262082 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
-21684757 USD
CY2012 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
241518 USD
CY2011 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
244049 USD
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-951 USD
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1844 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-54021515 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21442552 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2005 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
-54021515 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-21444557 USD
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.65
CY2011 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.21
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-48783312 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-48783312 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
-47059266 USD
CY2013 us-gaap Gross Profit
GrossProfit
6659220 USD
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.48
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-67303 USD
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-84590 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
213809 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-152079 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-53740403 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-21512046 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-48750893 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1087397 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1176007 USD
CY2012 rmti Issuance Of Stock And Warrants And Other Equity Based Compensation For Services Or Claims
IssuanceOfStockAndWarrantsAndOtherEquityBasedCompensationForServicesOrClaims
2322417 USD
CY2011 rmti Issuance Of Stock And Warrants And Other Equity Based Compensation For Services Or Claims
IssuanceOfStockAndWarrantsAndOtherEquityBasedCompensationForServicesOrClaims
312325 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
4979724 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
4065703 USD
CY2012 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-17876 USD
CY2011 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-29093 USD
CY2012 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
67303 USD
CY2011 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
84590 USD
CY2012 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
209116 USD
CY2011 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-284480 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
145512 USD
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-432751 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1855787 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2457370 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9469028 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1705030 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3829767 USD
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5028846 USD
CY2012 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-14799954 USD
CY2011 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-4993737 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-30746844 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10783102 USD
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2012671 USD
CY2011 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2000000 USD
CY2012 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
-1978729 USD
CY2012 rmti Stock Issued During Period Value Purchase Warrant Expense
StockIssuedDuringPeriodValuePurchaseWarrantExpense
468417 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
3903795 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1075929 USD
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
14037255 USD
CY2011 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1975244 USD
CY2012 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
507788 USD
CY2011 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
421043 USD
CY2012 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1578 USD
CY2011 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2985 USD
CY2011 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
145121 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11518374 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-587935 USD
CY2012 rmti Proceeds From Issuance Of Common Shares And Purchase Warrants
ProceedsFromIssuanceOfCommonSharesAndPurchaseWarrants
18231424 USD
CY2011 rmti Proceeds From Issuance Of Common Shares And Purchase Warrants
ProceedsFromIssuanceOfCommonSharesAndPurchaseWarrants
4841049 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6470 USD
CY2011 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
18215 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18224954 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4822834 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1003516 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6548203 USD
CY2012 us-gaap Interest Paid
InterestPaid
951 USD
CY2011 us-gaap Interest Paid
InterestPaid
1844 USD
CY2011 us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
550000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-50664953 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12649502 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
70484176 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7169721 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
30537937 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11881451 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5715246 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12263449 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
312325 USD
CY2011 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
-3877276 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
3469703 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
244289 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
596000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
18244968 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
16252695 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1118475 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1065146 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1490953 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1919782 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6647828 USD
CY2012 us-gaap Payments For Rent
PaymentsForRent
1955626 USD
CY2011 us-gaap Payments For Rent
PaymentsForRent
2001094 USD
CY2013 us-gaap Payments For Rent
PaymentsForRent
2163281 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1500697 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1163791 USD
CY2013Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
6228000 shares
CY2013Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
6.27
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
25956880 USD
CY2013Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
4513567 shares
CY2013Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
5.85
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
20726770 USD
CY2013Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
12034622 USD
CY2011 rmti Stock Issued During Period Shares Purchase Warrants Exercised
StockIssuedDuringPeriodSharesPurchaseWarrantsExercised
799340 shares
CY2012 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
16120669 USD
CY2013 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y7M6D
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
719484 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
50431250 USD
CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12336374 USD
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12984164 USD
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
13094381 USD
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
13964624 USD
CY2013Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11055394 USD
CY2013Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11299099 USD
CY2013Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11461100 USD
CY2013Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11904730 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
1280980 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
1685065 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
1633281 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
2059894 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3916783 USD
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3237974 USD
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3386367 USD
CY2013Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3795325 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12754518 USD
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10222721 USD
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10611219 USD
CY2013Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5793579 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-15390321 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-11775630 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-12364305 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7529010 USD
CY2013Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
10672 USD
CY2013Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
4566 USD
CY2013Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
13546 USD
CY2013Q4 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
69317 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-75 USD
CY2013Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-92155 USD
CY2013Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-857505 USD
CY2013Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-872412 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15379724 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11863219 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13208264 USD
CY2013Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8332105 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
-15379724 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-11863219 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-13208264 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-8332105 USD
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.72
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.38
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.34
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2012Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12028417 USD
CY2012Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12124790 USD
CY2012Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12689339 USD
CY2012Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12999846 USD
CY2012Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
10401941 USD
CY2012Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
10405991 USD
CY2012Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11043412 USD
CY2012Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
11297621 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
1626476 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
1718799 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
1645927 USD
CY2012Q4 us-gaap Gross Profit
GrossProfit
1702225 USD
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2898684 USD
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2824379 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3325411 USD
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3635386 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9405547 USD
CY2012Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10876396 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16238450 USD
CY2012Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11751256 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-10677755 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-11981976 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-17917934 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-13684417 USD
CY2012Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
111097 USD
CY2012Q2 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
77091 USD
CY2012Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
42296 USD
CY2012Q4 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
11034 USD
CY2012Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-253 USD
CY2012Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-456 USD
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-137 USD
CY2012Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-105 USD
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.86
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10566911 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-11905341 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17875775 USD
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13673488 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
-10566911 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-11905341 USD
CY2012Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.66
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4578319 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
623734 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
31917774 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
499715 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1374941 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2308145 USD
CY2012Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
2280 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17916914 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
154457878 USD
CY2013Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
4895811 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-158790569 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
32419 USD
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
52379543 USD
CY2013 us-gaap Cost Of Goods Sold
CostOfGoodsSold
45720323 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14336449 USD
CY2013 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
98101 USD
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1822147 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
32419 USD
CY2013 rmti Stock Issued During Period Value Purchase Warrant Expense
StockIssuedDuringPeriodValuePurchaseWarrantExpense
1082196 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
3887695 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1007411 USD
CY2013 rmti Issuance Of Stock And Warrants And Other Equity Based Compensation For Services Or Claims
IssuanceOfStockAndWarrantsAndOtherEquityBasedCompensationForServicesOrClaims
1862874 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
5849196 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-16410 USD
CY2013 rmti Noncash Interest Expense
NoncashInterestExpense
225059 USD
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
146387 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
150009 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-669896 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6147412 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5295738 USD
CY2013 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
11069650 USD
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
12002203 USD
CY2013 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
654197 USD
CY2013 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6898 USD
CY2013 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
20000000 USD
CY2013 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1109776 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2280 USD
CY2013 us-gaap Interest Paid
InterestPaid
1154752 USD
CY2012 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
200000 shares
CY2012 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1854000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1961501 USD
CY2013 rmti Proceeds From Issuance Of Common Shares And Purchase Warrants
ProceedsFromIssuanceOfCommonSharesAndPurchaseWarrants
51596232 USD
CY2013 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
17496721 shares
CY2012 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1845000 shares
CY2013Q4 rmti Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
44070 USD
CY2013Q4 rmti Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
11652 USD
CY2011Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
227059 USD

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