2014 Form 10-K Financial Statement
#000110465915024669 Filed on March 31, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $34.52M |
| YoY Change | 12.13% |
| Cost Of Revenue | $22.50M |
| YoY Change | 9.88% |
| Gross Profit | $12.02M |
| YoY Change | 16.6% |
| Gross Profit Margin | 34.82% |
| Selling, General & Admin | $13.56M |
| YoY Change | -11.96% |
| % of Gross Profit | 112.82% |
| Research & Development | $616.8K |
| YoY Change | -26.32% |
| % of Gross Profit | 5.13% |
| Depreciation & Amortization | $1.075M |
| YoY Change | -16.33% |
| % of Gross Profit | 8.94% |
| Operating Expenses | $14.18M |
| YoY Change | -12.7% |
| Operating Profit | -$2.158M |
| YoY Change | -63.62% |
| Interest Expense | -$188.9K |
| YoY Change | -181.91% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$2.346M |
| YoY Change | -61.68% |
| Income Tax | $8.180K |
| % Of Pretax Income | |
| Net Earnings | -$2.355M |
| YoY Change | -62.11% |
| Net Earnings / Revenue | -6.82% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$86.01K |
| COMMON SHARES | |
| Basic Shares Outstanding | 27.38M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $22.13M |
| YoY Change | -19.91% |
| Cash & Equivalents | $22.13M |
| Short-Term Investments | $0.00 |
| Other Short-Term Assets | $1.795M |
| YoY Change | 67.75% |
| Inventory | $4.664M |
| Prepaid Expenses | |
| Receivables | $5.642M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $34.23M |
| YoY Change | -9.71% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $10.85M |
| YoY Change | -0.52% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $4.930K |
| YoY Change | |
| Total Long-Term Assets | $11.12M |
| YoY Change | -0.59% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $34.23M |
| Total Long-Term Assets | $11.12M |
| Total Assets | $45.35M |
| YoY Change | -7.63% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $5.143M |
| YoY Change | 0.64% |
| Accrued Expenses | $1.631M |
| YoY Change | -2.36% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $149.7K |
| YoY Change | -40.1% |
| Total Short-Term Liabilities | $15.10M |
| YoY Change | -9.15% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $3.425M |
| YoY Change | -4.33% |
| Other Long-Term Liabilities | $0.00 |
| YoY Change | |
| Total Long-Term Liabilities | $3.425M |
| YoY Change | -4.33% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $15.10M |
| Total Long-Term Liabilities | $3.425M |
| Total Liabilities | $18.52M |
| YoY Change | -8.29% |
| 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 | $26.83M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $45.35M |
| YoY Change | -7.63% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$2.355M |
| YoY Change | -62.11% |
| Depreciation, Depletion And Amortization | $1.075M |
| YoY Change | -16.33% |
| Cash From Operating Activities | -$3.868M |
| YoY Change | -232.01% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.008M |
| YoY Change | -455.8% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | |
| Cash From Investing Activities | -$1.609M |
| YoY Change | 474.58% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -23.73K |
| YoY Change | -97.6% |
| NET CHANGE | |
| Cash From Operating Activities | -3.868M |
| Cash From Investing Activities | -1.609M |
| Cash From Financing Activities | -23.73K |
| Net Change In Cash | -5.500M |
| YoY Change | -431.35% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$3.868M |
| Capital Expenditures | -$1.008M |
| Free Cash Flow | -$2.860M |
| YoY Change | -208.05% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27375450 |
