2017 Form 10-K Financial Statement
#000110465918021761 Filed on April 02, 2018
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $34.49M |
| YoY Change | 15.65% |
| Cost Of Revenue | $24.52M |
| YoY Change | 25.85% |
| Gross Profit | $9.972M |
| YoY Change | -3.58% |
| Gross Profit Margin | 28.91% |
| Selling, General & Admin | $13.01M |
| YoY Change | 1.47% |
| % of Gross Profit | 130.47% |
| Research & Development | $740.6K |
| YoY Change | 29.51% |
| % of Gross Profit | 7.43% |
| Depreciation & Amortization | $835.0K |
| YoY Change | -4.34% |
| % of Gross Profit | 8.37% |
| Operating Expenses | $13.75M |
| YoY Change | 2.67% |
| Operating Profit | -$3.779M |
| YoY Change | 23.85% |
| Interest Expense | -$145.1K |
| YoY Change | -22.34% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$3.924M |
| YoY Change | 6.22% |
| Income Tax | -$375.6K |
| % Of Pretax Income | |
| Net Earnings | -$3.736M |
| YoY Change | 1.11% |
| Net Earnings / Revenue | -10.83% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$116.9K |
| COMMON SHARES | |
| Basic Shares Outstanding | 31.96M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $14.88M |
| YoY Change | -8.16% |
| Cash & Equivalents | $14.88M |
| Short-Term Investments | |
| Other Short-Term Assets | $418.2K |
| YoY Change | 117.16% |
| Inventory | $6.206M |
| Prepaid Expenses | |
| Receivables | $5.106M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $26.61M |
| YoY Change | -0.26% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $11.35M |
| YoY Change | -6.11% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $6.050K |
| YoY Change | -41.21% |
| Total Long-Term Assets | $11.55M |
| YoY Change | -4.58% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $26.61M |
| Total Long-Term Assets | $11.55M |
| Total Assets | $38.16M |
| YoY Change | -1.61% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.958M |
| YoY Change | 10.87% |
| Accrued Expenses | $1.998M |
| YoY Change | -9.35% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $411.0K |
| YoY Change | -4.52% |
| Total Short-Term Liabilities | $7.900M |
| YoY Change | 10.14% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $3.081M |
| YoY Change | -11.92% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $3.081M |
| YoY Change | -11.92% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $7.900M |
| Total Long-Term Liabilities | $3.081M |
| Total Liabilities | $10.98M |
| YoY Change | 2.91% |
| 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 | $27.17M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $38.16M |
| YoY Change | -1.61% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.736M |
| YoY Change | 1.11% |
| Depreciation, Depletion And Amortization | $835.0K |
| YoY Change | -4.34% |
| Cash From Operating Activities | -$2.923M |
| YoY Change | 267.67% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$91.88K |
| YoY Change | -95.28% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$91.88K |
| YoY Change | -95.28% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 1.693M |
| YoY Change | 88.98% |
| NET CHANGE | |
| Cash From Operating Activities | -2.923M |
| Cash From Investing Activities | -91.88K |
| Cash From Financing Activities | 1.693M |
| Net Change In Cash | -1.321M |
| YoY Change | -28.43% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$2.923M |
| Capital Expenditures | -$91.88K |
| Free Cash Flow | -$2.831M |
| YoY Change | -345.67% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
31958121 |
