2014 Form 10-K Financial Statement
#000104746915001577 Filed on March 03, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $54.19M |
| YoY Change | 3.46% |
| Cost Of Revenue | $45.64M |
| YoY Change | -0.18% |
| Gross Profit | $8.550M |
| YoY Change | 28.39% |
| Gross Profit Margin | 15.78% |
| Selling, General & Admin | $18.32M |
| YoY Change | 27.79% |
| % of Gross Profit | 214.27% |
| Research & Development | $7.780M |
| YoY Change | -80.24% |
| % of Gross Profit | 90.99% |
| Depreciation & Amortization | $1.000M |
| YoY Change | -0.74% |
| % of Gross Profit | 11.7% |
| Operating Expenses | $26.11M |
| YoY Change | -51.39% |
| Operating Profit | -$17.56M |
| YoY Change | -62.69% |
| Interest Expense | -$3.770M |
| YoY Change | 119.19% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$21.33M |
| YoY Change | -56.28% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$21.33M |
| YoY Change | -56.28% |
| Net Earnings / Revenue | -39.36% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$515.1K |
| COMMON SHARES | |
| Basic Shares Outstanding | 41.40M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $85.73M |
| YoY Change | 258.4% |
| Cash & Equivalents | $65.80M |
| Short-Term Investments | $19.93M |
| Other Short-Term Assets | $590.0K |
| YoY Change | -4.84% |
| Inventory | $3.920M |
| Prepaid Expenses | |
| Receivables | $4.470M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $94.71M |
| YoY Change | 196.71% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.500M |
| YoY Change | -9.09% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $540.0K |
| YoY Change | -60.58% |
| Total Long-Term Assets | $3.290M |
| YoY Change | -25.9% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $94.71M |
| Total Long-Term Assets | $3.290M |
| Total Assets | $98.00M |
| YoY Change | 169.53% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $5.290M |
| YoY Change | -39.13% |
| Accrued Expenses | $4.330M |
| YoY Change | -34.89% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $0.00 |
| YoY Change | -100.0% |
| Total Short-Term Liabilities | $9.800M |
| YoY Change | -45.1% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $19.49M |
| YoY Change | 8.76% |
| Total Long-Term Liabilities | $19.49M |
| YoY Change | 8.76% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $9.800M |
| Total Long-Term Liabilities | $19.49M |
| Total Liabilities | $29.30M |
| YoY Change | -18.09% |
| 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 | $68.70M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $98.00M |
| YoY Change | 169.53% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$21.33M |
| YoY Change | -56.28% |
| Depreciation, Depletion And Amortization | $1.000M |
| YoY Change | -0.74% |
| Cash From Operating Activities | $4.260M |
| YoY Change | -108.41% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$680.0K |
| YoY Change | 4.62% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$8.120M |
| YoY Change | -32.33% |
| Cash From Investing Activities | -$8.810M |
| YoY Change | -30.35% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 58.47M |
| YoY Change | -17.05% |
| NET CHANGE | |
| Cash From Operating Activities | 4.260M |
| Cash From Investing Activities | -8.810M |
| Cash From Financing Activities | 58.47M |
| Net Change In Cash | 53.92M |
| YoY Change | 652.05% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $4.260M |
| Capital Expenditures | -$680.0K |
| Free Cash Flow | $4.940M |
| YoY Change | -109.88% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
41404999 |
