2015 Q2 Form 10-Q Financial Statement
#000101008615000008 Filed on May 06, 2015
Income Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
Revenue | $1.500M | $1.200M | $500.0K |
YoY Change | 114.29% | 140.0% | -61.54% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.605M | $3.088M | $3.039M |
YoY Change | -5.2% | 1.61% | 1.84% |
% of Gross Profit | |||
Research & Development | $2.959M | $2.811M | $2.813M |
YoY Change | 24.75% | -0.07% | -22.83% |
% of Gross Profit | |||
Depreciation & Amortization | $68.08K | $78.78K | $91.11K |
YoY Change | -24.1% | -13.53% | -7.16% |
% of Gross Profit | |||
Operating Expenses | $5.800M | $6.232M | $6.188M |
YoY Change | 7.47% | 0.71% | -13.27% |
Operating Profit | -$4.332M | -$5.040M | -$5.638M |
YoY Change | -8.74% | -10.61% | -2.91% |
Interest Expense | $13.32K | $253.4K | $140.8K |
YoY Change | -89.23% | 79.94% | -62.3% |
% of Operating Profit | |||
Other Income/Expense, Net | $10.88K | $5.464K | $5.00 |
YoY Change | 934.92% | 109180.0% | -95.15% |
Pretax Income | $6.500M | $7.100M | -$5.623M |
YoY Change | -237.62% | -226.26% | -21.4% |
Income Tax | $88.35K | $83.83K | -$2.241M |
% Of Pretax Income | 1.36% | 1.18% | |
Net Earnings | -$6.573M | -$7.153M | -$3.382M |
YoY Change | 122.96% | 111.5% | -30.64% |
Net Earnings / Revenue | -438.2% | -596.08% | -676.4% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$123.1K | -$134.6K | -$63.79K |
COMMON SHARES | |||
Basic Shares Outstanding | 53.50M shares | 53.50M shares | 53.26M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $115.7M | $95.50M | $107.1M |
YoY Change | 16.87% | -10.83% | 333.6% |
Cash & Equivalents | $115.7M | $95.55M | $107.1M |
Short-Term Investments | |||
Other Short-Term Assets | $8.000M | $6.700M | $8.600M |
YoY Change | -39.39% | -22.09% | -75.07% |
Inventory | $8.770M | $14.82M | $17.08M |
Prepaid Expenses | |||
Receivables | $769.2K | $14.27M | $610.4K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $133.2M | $131.3M | $133.3M |
YoY Change | 2.65% | -1.52% | 28.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $446.6K | $753.2K | $1.085M |
YoY Change | -55.37% | -30.56% | -6.36% |
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 | $1.990M | $1.990M | $2.025M |
YoY Change | -0.5% | -1.73% | -4.72% |
Total Long-Term Assets | $49.29M | $41.93M | $81.45M |
YoY Change | -38.18% | -48.52% | 223.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $133.2M | $131.3M | $133.3M |
Total Long-Term Assets | $49.29M | $41.93M | $81.45M |
Total Assets | $182.5M | $173.2M | $214.8M |
YoY Change | -12.89% | -19.34% | 66.86% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.781M | $3.553M | $4.344M |
YoY Change | 193.61% | -18.2% | -49.43% |
Accrued Expenses | $3.243M | $3.424M | $4.661M |
YoY Change | -32.12% | -26.54% | 2.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | $1.974M |
YoY Change | -100.0% | -100.0% | 35.74% |
Total Short-Term Liabilities | $8.024M | $6.977M | $11.14M |
YoY Change | -4.44% | -37.35% | -26.51% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $1.494M |
YoY Change | -100.0% | -100.0% | -56.91% |
Other Long-Term Liabilities | $426.8M | $413.0M | $188.2M |
YoY Change | 126.42% | 119.45% | 122.46% |
Total Long-Term Liabilities | $426.8M | $413.0M | $1.494M |
YoY Change | 42678.69% | 27534.85% | -56.91% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.024M | $6.977M | $11.14M |
Total Long-Term Liabilities | $426.8M | $413.0M | $1.494M |
Total Liabilities | $441.9M | $426.4M | $200.9M |
YoY Change | 123.27% | 112.32% | 94.57% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$435.7M | -$429.1M | -$159.9M |
YoY Change | 167.54% | 168.37% | 10.87% |
Common Stock | $176.3M | $175.9M | $173.8M |
YoY Change | 1.09% | 1.21% | 2.43% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$259.4M | -$253.2M | $13.94M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $182.5M | $173.2M | $214.8M |
YoY Change | -12.89% | -19.34% | 66.86% |
Cashflow Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$6.573M | -$7.153M | -$3.382M |
YoY Change | 122.96% | 111.5% | -30.64% |
Depreciation, Depletion And Amortization | $68.08K | $78.78K | $91.11K |
YoY Change | -24.1% | -13.53% | -7.16% |
Cash From Operating Activities | $20.10M | -$6.168M | $16.59M |
YoY Change | -349.07% | -137.17% | -305.01% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $14.18K |
YoY Change | -100.0% | -100.0% | -94.72% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$4.000M | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | $4.000M | -$14.18K |
YoY Change | -100.0% | -28300.79% | -94.72% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $2.000M | $500.0K | |
YoY Change | 300.0% | ||
Cash From Financing Activities | 10.00K | -$2.000M | -$821.3K |
YoY Change | -102.04% | 143.53% | -179.33% |
NET CHANGE | |||
Cash From Operating Activities | 20.10M | -$6.168M | $16.59M |
Cash From Investing Activities | 0.000 | $4.000M | -$14.18K |
Cash From Financing Activities | 10.00K | -$2.000M | -$821.3K |
Net Change In Cash | 20.11M | -$4.168M | $15.76M |
YoY Change | -350.12% | -126.45% | -315.06% |
FREE CASH FLOW | |||
Cash From Operating Activities | $20.10M | -$6.168M | $16.59M |
Capital Expenditures | $0.00 | $0.00 | $14.18K |
Free Cash Flow | $20.10M | -$6.168M | $16.58M |
YoY Change | -349.69% | -137.21% | -298.25% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q3 | siga |
Change In Fair Value Of Common Stock Warrants
ChangeInFairValueOfCommonStockWarrants
|
-184027 | USD |
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|
0 | USD |
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2015 | |
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|
5429248 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
25561191 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
13447162 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3439804 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-4228642 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-19513 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
0 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-10570 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-15487 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
7179 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-442093 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
140829 | USD |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
253412 | USD |
CY2014Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2355795 | USD |
CY2015Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
10027800 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
19044477 | USD |
CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
14815835 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
16688682 | USD |
CY2015Q1 | us-gaap |
Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
|
4788035 | USD |
CY2014Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3170598 | USD |
CY2015Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3170598 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
412887812 | USD |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
426437025 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
166385335 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
173238862 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7460253 | USD |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6976888 | USD |
CY2014Q4 | us-gaap |
Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
|
399039967 | USD |
CY2015Q1 | us-gaap |
Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
|
399040346 | USD |
CY2014Q1 | us-gaap |
Liabilities Subject To Compromise Period Increase Decrease
LiabilitiesSubjectToCompromisePeriodIncreaseDecrease
|
0 | USD |
CY2015Q1 | us-gaap |
Liabilities Subject To Compromise Period Increase Decrease
LiabilitiesSubjectToCompromisePeriodIncreaseDecrease
|
379 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1989948 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
187820361 | USD |
CY2015Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
187820361 | USD |
CY2014Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
173000000 | USD |
CY2014Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
233000000 | USD |
CY2014Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3088658 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-821264 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2000000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14184 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
4000000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
16592764 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6168310 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3381859 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7153319 | USD |
CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5 | USD |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5464 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
6187850 | USD |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
6231807 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5638435 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5039715 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1262720 | USD |
CY2015Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2174703 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1989520 | USD |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1989520 | USD |
CY2014Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
405325 | USD |
CY2015Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
389838 | USD |
CY2014Q1 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
9706 | USD |
CY2015Q1 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
10052 | USD |
CY2014Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
CY2015Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
581190 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-4000000 | USD |
CY2014Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
415938 | USD |
CY2015Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14184 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
898705 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
422521 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4329187 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4329187 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
831936 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
753158 | USD |
CY2014Q1 | us-gaap |
Reorganization Items
ReorganizationItems
|
0 | USD |
CY2015Q1 | us-gaap |
Reorganization Items
ReorganizationItems
|
1781825 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
500001 | USD |
CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2000000 | USD |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2813456 | USD |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
2811181 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
4000000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
0 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-421991008 | USD |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-429144327 | USD |
CY2015Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3087523 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
698851 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
491724 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-246502477 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-253198163 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53252155 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
53504296 | shares |