2014 Q2 Form 10-Q Financial Statement

#000101008614000010 Filed on May 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $700.0K $500.0K $1.300M
YoY Change -30.0% -61.54% -13.33%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.748M $3.039M $2.984M
YoY Change -11.84% 1.84% 34.78%
% of Gross Profit
Research & Development $2.372M $2.813M $3.645M
YoY Change -24.24% -22.83% -18.37%
% of Gross Profit
Depreciation & Amortization $89.69K $91.11K $98.13K
YoY Change -14.28% -7.16% -5.05%
% of Gross Profit
Operating Expenses $5.397M $6.188M $7.135M
YoY Change -18.19% -13.27% 1.71%
Operating Profit -$4.747M -$5.638M -$5.807M
YoY Change -15.73% -2.91% 4.65%
Interest Expense $123.6K $140.8K $373.6K
YoY Change -67.15% -62.3%
% of Operating Profit
Other Income/Expense, Net $1.051K $5.00 $103.00
YoY Change -23.95% -95.15% -36.42%
Pretax Income -$4.723M -$5.623M -$7.154M
YoY Change -6.05% -21.4% 9.25%
Income Tax -$1.775M -$2.241M -$2.278M
% Of Pretax Income
Net Earnings -$2.948M -$3.382M -$4.876M
YoY Change -3.69% -30.64% 5.63%
Net Earnings / Revenue -421.14% -676.4% -375.08%
Basic Earnings Per Share
Diluted Earnings Per Share -$54.31K -$63.79K -$94.78K
COMMON SHARES
Basic Shares Outstanding 53.34M shares 53.26M shares 51.64M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $99.00M $107.1M $24.70M
YoY Change 200.0% 333.6% -42.02%
Cash & Equivalents $99.03M $107.1M $24.69M
Short-Term Investments
Other Short-Term Assets $13.20M $8.600M $34.50M
YoY Change -63.23% -75.07% 2775.0%
Inventory $16.85M $17.08M $13.15M
Prepaid Expenses
Receivables $742.7K $610.4K $1.027M
Other Receivables $0.00 $0.00 $30.30M
Total Short-Term Assets $129.7M $133.3M $103.5M
YoY Change -10.9% 28.79% 122.0%
LONG-TERM ASSETS
Property, Plant & Equipment $1.001M $1.085M $1.158M
YoY Change -12.51% -6.36% 28.84%
Goodwill $898.3K $898.3K $898.3K
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.999M $2.025M $2.125M
YoY Change -9.21% -4.72% 664.79%
Total Long-Term Assets $79.74M $81.45M $25.20M
YoY Change 153.94% 223.28% -40.56%
TOTAL ASSETS
Total Short-Term Assets $129.7M $133.3M $103.5M
Total Long-Term Assets $79.74M $81.45M $25.20M
Total Assets $209.5M $214.8M $128.7M
YoY Change 18.34% 66.86% 44.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.628M $4.344M $8.589M
YoY Change -89.99% -49.43% 120.04%
Accrued Expenses $4.778M $4.661M $4.569M
YoY Change -13.17% 2.0% 41.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.979M $1.974M $1.454M
YoY Change -77.91% 35.74%
Total Short-Term Liabilities $8.397M $11.14M $15.15M
YoY Change -72.88% -26.51% 112.26%
LONG-TERM LIABILITIES
Long-Term Debt $997.7K $1.494M $3.468M
YoY Change -66.49% -56.91%
Other Long-Term Liabilities $188.5M $188.2M $84.60M
YoY Change 57.48% 122.46% 92.71%
Total Long-Term Liabilities $997.7K $1.494M $3.468M
YoY Change -66.49% -56.91% -92.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.397M $11.14M $15.15M
Total Long-Term Liabilities $997.7K $1.494M $3.468M
Total Liabilities $197.9M $200.9M $103.2M
YoY Change 28.84% 94.57% 102.1%
SHAREHOLDERS EQUITY
Retained Earnings -$162.9M -$159.9M -$144.2M
YoY Change 10.57% 10.87% 27.72%
Common Stock $174.4M $173.8M $169.7M
YoY Change 2.19% 2.43% 12.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.57M $13.94M $25.50M
YoY Change
Total Liabilities & Shareholders Equity $209.5M $214.8M $128.7M
YoY Change 18.34% 66.86% 44.59%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$2.948M -$3.382M -$4.876M
YoY Change -3.69% -30.64% 5.63%
Depreciation, Depletion And Amortization $89.69K $91.11K $98.13K
YoY Change -14.28% -7.16% -5.05%
Cash From Operating Activities -$8.070M $16.59M -$8.094M
YoY Change -772.5% -305.01% 24.77%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K $14.18K $268.6K
YoY Change -77.78% -94.72% 46.45%
Acquisitions
YoY Change
Other Investing Activities $530.0K $0.00
YoY Change
Cash From Investing Activities $520.0K -$14.18K -$268.6K
YoY Change -677.78% -94.72% 46.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $500.0K $0.00
YoY Change
Cash From Financing Activities -490.0K -$821.3K $1.035M
YoY Change -106.84% -179.33% 61158.7%
NET CHANGE
Cash From Operating Activities -8.070M $16.59M -$8.094M
Cash From Investing Activities 520.0K -$14.18K -$268.6K
Cash From Financing Activities -490.0K -$821.3K $1.035M
Net Change In Cash -8.040M $15.76M -$7.327M
YoY Change -197.22% -315.06% 9.88%
FREE CASH FLOW
Cash From Operating Activities -$8.070M $16.59M -$8.094M
Capital Expenditures -$20.00K $14.18K $268.6K
Free Cash Flow -$8.050M $16.58M -$8.362M
YoY Change -724.03% -298.25% 25.37%

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ResearchandDevelopmentRevenueLongtermContract
360000 USD
CY2014Q1 siga Restructuringand Related Cost Expected Expense Reduction
RestructuringandRelatedCostExpectedExpenseReduction
6000000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001010086
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53339296 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
SIGA TECHNOLOGIES INC
CY2014Q1 dei Trading Symbol
TradingSymbol
SIGA

Files In Submission

Name View Source Status
0001010086-14-000010-index-headers.html Edgar Link pending
0001010086-14-000010-index.html Edgar Link pending
0001010086-14-000010.txt Edgar Link pending
0001010086-14-000010-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
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R2.htm Edgar Link pending
R20.htm Edgar Link pending
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R22.htm Edgar Link pending
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R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
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R34.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
siga-20140331.xml Edgar Link completed
siga-20140331.xsd Edgar Link pending
siga-20140331_cal.xml Edgar Link unprocessable
siga-20140331_def.xml Edgar Link unprocessable
siga-20140331_lab.xml Edgar Link unprocessable
siga-20140331_pre.xml Edgar Link unprocessable
siga-2014331x10q.htm Edgar Link pending
siga-exhibit3112014q1.htm Edgar Link pending
siga-exhibit3122014q1.htm Edgar Link pending
siga-exhibit3212014q1.htm Edgar Link pending
siga-exhibit3222014q1.htm Edgar Link pending