2017 Form 10-K Financial Statement
#000155837018002142 Filed on March 15, 2018
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $57.30M |
| YoY Change | 7.55% |
| Cost Of Revenue | $53.60M |
| YoY Change | 15.19% |
| Gross Profit | $3.700M |
| YoY Change | -45.19% |
| Gross Profit Margin | 6.46% |
| Selling, General & Admin | $23.30M |
| YoY Change | 10.32% |
| % of Gross Profit | 629.73% |
| Research & Development | $6.320M |
| YoY Change | 8.22% |
| % of Gross Profit | 170.81% |
| Depreciation & Amortization | $510.0K |
| YoY Change | -32.89% |
| % of Gross Profit | 13.78% |
| Operating Expenses | $29.62M |
| YoY Change | 9.87% |
| Operating Profit | -$25.92M |
| YoY Change | 28.25% |
| Interest Expense | $0.00 |
| YoY Change | -100.0% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$25.92M |
| YoY Change | 33.61% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$25.92M |
| YoY Change | 30.91% |
| Net Earnings / Revenue | -45.24% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$507.5K |
| COMMON SHARES | |
| Basic Shares Outstanding | 51.07M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $33.06M |
| YoY Change | -42.94% |
| Cash & Equivalents | $8.410M |
| Short-Term Investments | $24.65M |
| Other Short-Term Assets | $1.780M |
| YoY Change | -12.32% |
| Inventory | $7.640M |
| Prepaid Expenses | |
| Receivables | $6.360M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $48.83M |
| YoY Change | -37.8% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $2.550M |
| YoY Change | 83.45% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $6.480M |
| YoY Change | 178.11% |
| Total Long-Term Assets | $9.950M |
| YoY Change | 114.44% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $48.83M |
| Total Long-Term Assets | $9.950M |
| Total Assets | $58.78M |
| YoY Change | -29.31% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.220M |
| YoY Change | -27.99% |
| Accrued Expenses | $4.720M |
| YoY Change | 12.11% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $9.140M |
| YoY Change | -9.95% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $16.72M |
| YoY Change | -16.61% |
| Total Long-Term Liabilities | $16.72M |
| YoY Change | -16.61% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $9.140M |
| Total Long-Term Liabilities | $16.72M |
| Total Liabilities | $25.87M |
| YoY Change | -14.34% |
| 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 | $32.91M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $58.78M |
| YoY Change | -29.31% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$25.92M |
| YoY Change | 30.91% |
| Depreciation, Depletion And Amortization | $510.0K |
| YoY Change | -32.89% |
| Cash From Operating Activities | -$21.11M |
| YoY Change | 69.56% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.680M |
| YoY Change | 366.67% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $16.19M |
| YoY Change | -1355.04% |
| Cash From Investing Activities | $14.50M |
| YoY Change | -984.15% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -2.160M |
| YoY Change | -2800.0% |
| NET CHANGE | |
| Cash From Operating Activities | -21.11M |
| Cash From Investing Activities | 14.50M |
| Cash From Financing Activities | -2.160M |
| Net Change In Cash | -8.770M |
| YoY Change | -37.4% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$21.11M |
| Capital Expenditures | -$1.680M |
| Free Cash Flow | -$19.43M |
| YoY Change | 60.71% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51067412 |
