2016 Q3 Form 10-K Financial Statement

#000114420416125780 Filed on September 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q2 2015
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.270M $1.760M $6.870M
YoY Change 0.0% 14.29% 53.69%
% of Gross Profit
Research & Development $2.486M $1.280M $4.701M
YoY Change 26.19% 4166.67% 13599.36%
% of Gross Profit
Depreciation & Amortization $268.4K $50.00K $128.9K
YoY Change 281.66% 400.0% 1560.91%
% of Gross Profit
Operating Expenses $2.486M $3.090M $10.70M
YoY Change -24.66% 38.57% 106.68%
Operating Profit -$10.70M
YoY Change 106.68%
Interest Expense $10.00K $50.00K $6.729K
YoY Change 519.96% -77.27% -99.84%
% of Operating Profit
Other Income/Expense, Net -$664.5K
YoY Change -85.41%
Pretax Income -$3.820M -$3.040M -$11.36M
YoY Change 16.11% 51.24% 16.75%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$3.820M -$3.040M -$11.36M
YoY Change 16.18% 51.24% 16.77%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$5.380M -$6.204M -$27.05M
COMMON SHARES
Basic Shares Outstanding 35.53M shares 24.34M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2015 Q2 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.370M $5.280M $5.280M
YoY Change 43.4% -10.96% -10.96%
Cash & Equivalents $3.370M $5.280M $5.280M
Short-Term Investments
Other Short-Term Assets $360.0K $320.3K $770.0K
YoY Change -29.41% 283.93% 862.5%
Inventory $67.22K $70.00K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.730M $6.116M $6.120M
YoY Change 22.11% -3.03% -3.01%
LONG-TERM ASSETS
Property, Plant & Equipment $5.900M $4.525M $4.520M
YoY Change 7.35% 1239.0% 1229.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $380.0K $560.0K $560.0K
YoY Change -32.14% -25.33% -25.33%
Total Long-Term Assets $6.330M $5.147M $5.140M
YoY Change 3.5% 369.13% 371.56%
TOTAL ASSETS
Total Short-Term Assets $3.730M $6.116M $6.120M
Total Long-Term Assets $6.330M $5.147M $5.140M
Total Assets $10.06M $11.26M $11.26M
YoY Change 9.71% 52.11% 52.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.290M $1.410M $1.410M
YoY Change -22.75% 206.31% 63.95%
Accrued Expenses $20.00K $10.00K $10.00K
YoY Change 100.0% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $60.00K $60.00K $60.00K
YoY Change 0.0% 0.0% 0.0%
Long-Term Debt Due $0.00 $90.00K $90.00K
YoY Change -100.0%
Total Short-Term Liabilities $1.490M $1.710M $1.710M
YoY Change -23.98% 77.38% 78.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $20.00K $20.00K
YoY Change
Other Long-Term Liabilities $370.0K $480.0K $480.0K
YoY Change -17.78% 1316.72% 1500.0%
Total Long-Term Liabilities $370.0K $503.6K $500.0K
YoY Change -18.43% 1386.43% 1566.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.490M $1.710M $1.710M
Total Long-Term Liabilities $370.0K $503.6K $500.0K
Total Liabilities $1.850M $2.209M $2.210M
YoY Change -23.24% 121.4% 121.0%
SHAREHOLDERS EQUITY
Retained Earnings -$29.11M
YoY Change 64.02%
Common Stock $24.34K
YoY Change 34.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.200M $9.054M $9.050M
YoY Change
Total Liabilities & Shareholders Equity $10.06M $11.26M $11.26M
YoY Change 9.71% 52.11% 52.16%

Cashflow Statement

Concept 2016 Q3 2015 Q2 2015
OPERATING ACTIVITIES
Net Income -$3.820M -$3.040M -$11.36M
YoY Change 16.18% 51.24% 16.77%
Depreciation, Depletion And Amortization $268.4K $50.00K $128.9K
YoY Change 281.66% 400.0% 1560.91%
Cash From Operating Activities -$2.968M -$1.960M -$7.080M
YoY Change 18.26% -6.67% 123.34%
INVESTING ACTIVITIES
Capital Expenditures -$130.0K -$2.230M -$3.160M
YoY Change -77.59% 3085.71% 4414.29%
Acquisitions
YoY Change
Other Investing Activities $70.00K $0.00 -$450.0K
YoY Change -63.16% -100.0% -40.79%
Cash From Investing Activities -$61.02K -$2.230M -$3.610M
YoY Change -84.35% 171.95% 334.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.333M 1.250M 10.04M
YoY Change -11765.3% -61.06% 1.11%
NET CHANGE
Cash From Operating Activities -$2.968M -1.960M -7.080M
Cash From Investing Activities -$61.02K -2.230M -3.610M
Cash From Financing Activities $2.333M 1.250M 10.04M
Net Change In Cash -$696.3K -2.940M -650.0K
YoY Change -76.16% -1113.79% -110.96%
FREE CASH FLOW
Cash From Operating Activities -$2.968M -$1.960M -$7.080M
Capital Expenditures -$130.0K -$2.230M -$3.160M
Free Cash Flow -$2.838M $270.0K -$3.920M
YoY Change 47.06% -113.3% 26.45%

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7292 USD
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7292 USD
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