2011 Form 10-K Financial Statement
#000114420413018879 Filed on April 01, 2013
Income Statement
| Concept | 2011 |
|---|---|
| Revenue | $16.09M |
| YoY Change | 33.2% |
| Cost Of Revenue | $8.820M |
| YoY Change | 56.38% |
| Gross Profit | $7.270M |
| YoY Change | 12.89% |
| Gross Profit Margin | 45.18% |
| Selling, General & Admin | $6.090M |
| YoY Change | 14.04% |
| % of Gross Profit | 83.77% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $360.0K |
| YoY Change | 89.47% |
| % of Gross Profit | 4.95% |
| Operating Expenses | $6.090M |
| YoY Change | 14.04% |
| Operating Profit | $1.180M |
| YoY Change | 7.27% |
| Interest Expense | -$100.0K |
| YoY Change | -23.08% |
| % of Operating Profit | -8.47% |
| Other Income/Expense, Net | $20.00K |
| YoY Change | -113.33% |
| Pretax Income | $1.100M |
| YoY Change | 34.15% |
| Income Tax | $700.0K |
| % Of Pretax Income | 63.64% |
| Net Earnings | $400.0K |
| YoY Change | -72.79% |
| Net Earnings / Revenue | 2.49% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $341.9K |
| COMMON SHARES | |
| Basic Shares Outstanding | 33.04M shares |
| Diluted Shares Outstanding | 35.00M shares |
Balance Sheet
| Concept | 2011 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $450.0K |
| YoY Change | -70.78% |
| Cash & Equivalents | |
| Short-Term Investments | |
| Other Short-Term Assets | $570.0K |
| YoY Change | -10.94% |
| Inventory | $290.0K |
| Prepaid Expenses | |
| Receivables | $1.530M |
| Other Receivables | $100.0K |
| Total Short-Term Assets | $2.950M |
| YoY Change | -23.38% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $2.540M |
| YoY Change | 32.29% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $180.0K |
| YoY Change | -77.78% |
| Total Long-Term Assets | $5.520M |
| YoY Change | -1.43% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $2.950M |
| Total Long-Term Assets | $5.520M |
| Total Assets | $8.470M |
| YoY Change | -10.37% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $780.0K |
| YoY Change | 77.27% |
| Accrued Expenses | $390.0K |
| YoY Change | -72.34% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $650.0K |
| YoY Change | 30.0% |
| Long-Term Debt Due | $490.0K |
| YoY Change | 96.0% |
| Total Short-Term Liabilities | $2.450M |
| YoY Change | -13.73% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.810M |
| YoY Change | 63.06% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $1.810M |
| YoY Change | 63.06% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.450M |
| Total Long-Term Liabilities | $1.810M |
| Total Liabilities | $4.260M |
| YoY Change | -26.93% |
| 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 | $4.220M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $8.470M |
| YoY Change | -10.37% |
Cashflow Statement
| Concept | 2011 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $400.0K |
| YoY Change | -72.79% |
| Depreciation, Depletion And Amortization | $360.0K |
| YoY Change | 89.47% |
| Cash From Operating Activities | $1.150M |
| YoY Change | -46.01% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.080M |
| YoY Change | 5.88% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $160.0K |
| YoY Change | 33.33% |
| Cash From Investing Activities | -$920.0K |
| YoY Change | 2.22% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -1.320M |
| YoY Change | 388.89% |
| NET CHANGE | |
| Cash From Operating Activities | 1.150M |
| Cash From Investing Activities | -920.0K |
| Cash From Financing Activities | -1.320M |
| Net Change In Cash | -1.090M |
| YoY Change | -213.54% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $1.150M |
| Capital Expenditures | -$1.080M |
| Free Cash Flow | $2.230M |
| YoY Change | -29.21% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
203000 | USD |
| CY2011 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
1955409 | shares |
| CY2012 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
1333331 | shares |
| CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33040422 | shares |
| CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33044160 | shares |
| CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34999569 | shares |
| CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34373753 | shares |
