2017 Form 10-K Financial Statement
#000149315219004614 Filed on April 01, 2019
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $1.404M |
| YoY Change | -15.73% |
| Cost Of Revenue | $168.0K |
| YoY Change | -44.74% |
| Gross Profit | $1.236M |
| YoY Change | -9.25% |
| Gross Profit Margin | 88.03% |
| Selling, General & Admin | $3.869M |
| YoY Change | -31.18% |
| % of Gross Profit | 313.03% |
| Research & Development | $5.784M |
| YoY Change | -31.78% |
| % of Gross Profit | 467.96% |
| Depreciation & Amortization | $682.0K |
| YoY Change | -19.29% |
| % of Gross Profit | 55.18% |
| Operating Expenses | $9.653M |
| YoY Change | -31.54% |
| Operating Profit | -$8.417M |
| YoY Change | -33.93% |
| Interest Expense | -$12.00K |
| YoY Change | -99.74% |
| % of Operating Profit | |
| Other Income/Expense, Net | $38.00K |
| YoY Change | -52.5% |
| Pretax Income | -$6.637M |
| YoY Change | -61.76% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$6.580M |
| YoY Change | -57.53% |
| Net Earnings / Revenue | -468.66% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$183.6K |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $7.375M |
| YoY Change | 2747.49% |
| Cash & Equivalents | $7.375M |
| Short-Term Investments | |
| Other Short-Term Assets | $111.0K |
| YoY Change | -8.26% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $107.0K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $7.593M |
| YoY Change | 1003.63% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $129.0K |
| YoY Change | -33.85% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $35.00K |
| YoY Change | -10.26% |
| Total Long-Term Assets | $2.038M |
| YoY Change | -19.61% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $7.593M |
| Total Long-Term Assets | $2.038M |
| Total Assets | $9.631M |
| YoY Change | 198.82% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $75.00K |
| YoY Change | -71.26% |
| Accrued Expenses | $693.0K |
| YoY Change | -62.05% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $1.312M |
| YoY Change | -94.87% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.312M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $2.351M |
| YoY Change | -91.18% |
| 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 | $7.280M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $9.631M |
| YoY Change | 198.82% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$6.580M |
| YoY Change | -57.53% |
| Depreciation, Depletion And Amortization | $682.0K |
| YoY Change | -19.29% |
| Cash From Operating Activities | -$6.285M |
| YoY Change | -25.42% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.000K |
| YoY Change | -95.65% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $6.000K |
| YoY Change | -220.0% |
| Cash From Investing Activities | $5.000K |
| YoY Change | -117.86% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 13.28M |
| YoY Change | 83.0% |
| NET CHANGE | |
| Cash From Operating Activities | -6.285M |
| Cash From Investing Activities | 5.000K |
| Cash From Financing Activities | 13.28M |
| Net Change In Cash | 6.995M |
| YoY Change | -682.43% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$6.285M |
| Capital Expenditures | -$1.000K |
| Free Cash Flow | -$6.284M |
| YoY Change | -25.23% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.00 | |
| CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
114000 | USD |
| CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1404000 | USD |
