2016 Q1 Form 10-K Financial Statement

#000114420416093620 Filed on April 11, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2014 Q4 2014
Revenue $2.970M $4.190M $16.42M
YoY Change 9.59% 5.01% 11.21%
Cost Of Revenue $1.265M $2.090M $8.649M
YoY Change -15.29% -11.44% 6.64%
Gross Profit $1.702M $2.100M $7.767M
YoY Change 39.89% 28.83% 16.78%
Gross Profit Margin 57.3% 50.12% 47.31%
Selling, General & Admin $1.329M $1.610M $6.007M
YoY Change -0.75% -9.55% 7.16%
% of Gross Profit 78.08% 76.67% 77.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $90.00K $210.0K $549.0K
YoY Change -40.0% 61.54% 12.5%
% of Gross Profit 5.29% 10.0% 7.07%
Operating Expenses $1.329M $1.610M $6.007M
YoY Change -0.75% -9.04% 7.16%
Operating Profit $373.1K $490.0K $1.760M
YoY Change -405.06% -450.0% 68.29%
Interest Expense $7.212K -$10.00K $47.33K
YoY Change -48.51% -66.67% -61.04%
% of Operating Profit 1.93% -2.04% 2.69%
Other Income/Expense, Net $0.00 $10.00K -$19.44K
YoY Change -100.0% -150.0% -91.1%
Pretax Income $365.9K $490.0K $1.741M
YoY Change -367.85% -345.0% 110.37%
Income Tax $179.5K $310.0K $910.0K
% Of Pretax Income 49.06% 63.27% 52.27%
Net Earnings $190.0K -$270.0K $133.7K
YoY Change -239.1% -64.0% -107.34%
Net Earnings / Revenue 6.4% -6.44% 0.81%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $171.2K -$245.5K $0.00
COMMON SHARES
Basic Shares Outstanding 33.16M shares 33.11M shares 33.11M shares
Diluted Shares Outstanding 33.33M shares

Balance Sheet

Concept 2016 Q1 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $760.0K $530.0K $531.0K
YoY Change 65.22% 253.33% 254.0%
Cash & Equivalents $756.4K $531.0K
Short-Term Investments
Other Short-Term Assets $290.0K $520.0K $524.9K
YoY Change 0.0% -3.7% -47.51%
Inventory $60.00K $299.3K $299.3K
Prepaid Expenses
Receivables $2.300M $2.050M $2.050M
Other Receivables $300.0K $0.00 $0.00
Total Short-Term Assets $3.710M $3.405M $3.405M
YoY Change 49.05% 5.51% 5.42%
LONG-TERM ASSETS
Property, Plant & Equipment $1.410M $2.087M $2.087M
YoY Change -27.96% -14.64% -14.48%
Goodwill $530.0K
YoY Change -50.94%
Intangibles $142.5K
YoY Change -60.42%
Long-Term Investments
YoY Change
Other Assets $310.0K $540.0K $541.5K
YoY Change -42.59% 200.0% 200.84%
Total Long-Term Assets $2.480M $3.301M $3.301M
YoY Change -21.54% -20.3% -20.27%
TOTAL ASSETS
Total Short-Term Assets $3.710M $3.405M $3.405M
Total Long-Term Assets $2.480M $3.301M $3.301M
Total Assets $6.190M $6.706M $6.706M
YoY Change 9.56% -9.0% -9.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $760.0K $996.4K $996.4K
YoY Change 55.1% 14.54% 14.53%
Accrued Expenses $340.0K $505.1K $505.1K
YoY Change 78.95% -9.03% -9.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $550.0K $550.0K
YoY Change -100.0% 44.74% 44.74%
Long-Term Debt Due $270.0K $370.0K $372.5K
YoY Change -27.03% -62.63% -62.38%
Total Short-Term Liabilities $1.490M $2.559M $2.559M
YoY Change -13.87% -12.51% -12.37%
LONG-TERM LIABILITIES
Long-Term Debt $590.0K $960.0K $957.0K
YoY Change -31.4% -25.0% -25.24%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $590.0K $960.0K $957.0K
YoY Change -31.4% -25.0% -25.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.490M $2.559M $2.559M
Total Long-Term Liabilities $590.0K $960.0K $957.0K
Total Liabilities $2.080M $3.516M $3.516M
YoY Change -19.69% -19.16% -19.18%
SHAREHOLDERS EQUITY
Retained Earnings -$16.81M
YoY Change -0.79%
Common Stock $20.00M
YoY Change 0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.110M $3.190M $3.190M
YoY Change
Total Liabilities & Shareholders Equity $6.190M $6.706M $6.706M
YoY Change 9.56% -9.0% -9.01%

Cashflow Statement

Concept 2016 Q1 2014 Q4 2014
OPERATING ACTIVITIES
Net Income $190.0K -$270.0K $133.7K
YoY Change -239.1% -64.0% -107.34%
Depreciation, Depletion And Amortization $90.00K $210.0K $549.0K
YoY Change -40.0% 61.54% 12.5%
Cash From Operating Activities $420.0K $130.0K $1.156M
YoY Change 950.0% -67.5% 95.3%
INVESTING ACTIVITIES
Capital Expenditures $8.175K -$30.00K $191.0K
YoY Change -42.62% -86.36% -74.85%
Acquisitions
YoY Change
Other Investing Activities $130.0K $192.3K
YoY Change 550.0% -54.21%
Cash From Investing Activities -$10.00K $100.0K $1.370K
YoY Change 0.0% -155.56% -100.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.00
YoY Change 194.12%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -70.00K -160.0K -772.8K
YoY Change -22.22% -15.79% -179.0%
NET CHANGE
Cash From Operating Activities 420.0K 130.0K 1.156M
Cash From Investing Activities -10.00K 100.0K 1.370K
Cash From Financing Activities -70.00K -160.0K -772.8K
Net Change In Cash 340.0K 70.00K 384.6K
YoY Change -666.67% 133.33% -469.79%
FREE CASH FLOW
Cash From Operating Activities $420.0K $130.0K $1.156M
Capital Expenditures $8.175K -$30.00K $191.0K
Free Cash Flow $411.8K $160.0K $965.1K
YoY Change 1499.2% -74.19% -676.34%

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CommonStockParOrStatedValuePerShare
001
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33157610 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33107610 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33157610 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33107610 shares
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EarningsPerShareBasic
0.02
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EarningsPerShareBasic
0.00
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EarningsPerShareDiluted
0.02
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EarningsPerShareDiluted
0.00
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
50 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
50 USD
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AmortizationDeferredStockBasedCompensation
36675 USD
CY2015 skas Amortization Deferred Stock Based Compensation
AmortizationDeferredStockBasedCompensation
33946 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
107500 USD
CY2014 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
689963 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50 USD
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EarnOutAmountForExtinguishment
2769000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
73305 USD
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EarnOutPaymentsForExtinguishment
444000 USD
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OperatingLeasesFutureMinimumPaymentsDueThereafter
262440 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
393660 USD
CY2015 skas Base Rent Upto Year Four
BaseRentUptoYearFour
2187 USD
CY2015 skas Fixed Expenses Gallon
FixedExpensesGallon
32000 USD
CY2014 skas Fixed Expenses Gallon
FixedExpensesGallon
87000 USD
CY2015 skas Variable Expenses Gallon
VariableExpensesGallon
42000 USD
CY2014 skas Variable Expenses Gallon
VariableExpensesGallon
44000 USD
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Use of Estimates</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; size: 8.5in 11.0in" align="justify"><font style="FONT-SIZE: 10pt">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company&#8217;s significant estimates include depreciation, amortization, impairment of goodwill and intangibles, stock-based compensation, allowance for doubtful accounts and deferred tax assets.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 skas Fuel Flowage Fee Per Gallon
FuelFlowageFeePerGallon
$0.06 per gallon
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <u><font style="FONT-SIZE: 10pt">Reclassifications</font></u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt; size: 8.5in 11.0in" align="justify"><font style="FONT-SIZE: 10pt">Certain reclassifications were made to prior year amounts to conform to the current year presentation. None of the reclassifications affected the Company&#8217;s net (loss) income in any period.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015 skas Operating Leases Monthly Rental Payments
OperatingLeasesMonthlyRentalPayments
518 USD
CY2015 skas Operating Leases Advance Notice Term
OperatingLeasesAdvanceNoticeTerm
P30D
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DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
0.2 pure
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
41000 USD
CY2014 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
45000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
569000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
549000 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
550380 USD
CY2015 skas Disposal Group Including Discontinued Operation Impairment Of Goodwill Intangible And Fixed Assets
DisposalGroupIncludingDiscontinuedOperationImpairmentOfGoodwillIntangibleAndFixedAssets
107500 USD
CY2014 skas Disposal Group Including Discontinued Operation Impairment Of Goodwill Intangible And Fixed Assets
DisposalGroupIncludingDiscontinuedOperationImpairmentOfGoodwillIntangibleAndFixedAssets
689963 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1763944 USD
CY2015 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
1346760 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
1419923 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2116676 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1711543 USD
CY2015Q3 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
250000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3613332 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3798337 USD
CY2015Q4 us-gaap Trade Receivables Held For Sale Net Not Part Of Disposal Group
TradeReceivablesHeldForSaleNetNotPartOfDisposalGroup
0.00 USD
CY2014Q4 us-gaap Trade Receivables Held For Sale Net Not Part Of Disposal Group
TradeReceivablesHeldForSaleNetNotPartOfDisposalGroup
667617 USD
CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent
0.00 USD
CY2014Q4 us-gaap Disposal Group Including Discontinued Operation Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent
1224281 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
190000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-503000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
842000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1413000 USD
CY2015 skas Assets Sold For Notes Receivable
AssetsSoldForNotesReceivable
500000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
53000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
44000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
30000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
38000 USD
CY2015Q4 skas Deferred Tax Assets Accrued Expenses
DeferredTaxAssetsAccruedExpenses
39000 USD
CY2014Q4 skas Deferred Tax Assets Accrued Expenses
DeferredTaxAssetsAccruedExpenses
388000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
223000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
470000 USD
CY2015Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
101000 USD
CY2014Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
0 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
0 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
65000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
0 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
65000 USD
CY2015Q4 skas Deferred Tax Assets Liabilites Before Valuation Allowance
DeferredTaxAssetsLiabilitesBeforeValuationAllowance
223000 USD
CY2014Q4 skas Deferred Tax Assets Liabilites Before Valuation Allowance
DeferredTaxAssetsLiabilitesBeforeValuationAllowance
405000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
50000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
42000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
173000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
363000 USD
CY2014 us-gaap Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
0 pure
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
8000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.198 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.183 pure
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.538 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.523 pure
CY2015 us-gaap Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
0 pure
CY2015 us-gaap Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
6.92 pure
CY2014 us-gaap Fair Value Assumptions Weighted Average Volatility Rate
FairValueAssumptionsWeightedAverageVolatilityRate
6.78 pure
CY2015 us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.016 pure
CY2014 us-gaap Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
0.015 pure
CY2015 us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P5Y
CY2014 us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P5Y
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2015 us-gaap Advertising Expense
AdvertisingExpense
45250 USD
CY2014 us-gaap Advertising Expense
AdvertisingExpense
117401 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.074
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.068
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1713998 shares
CY2015 skas Share Based Compensation Stock Options Amortization Period
ShareBasedCompensationStockOptionsAmortizationPeriod
P5Y
CY2015Q4 us-gaap Notes Payable
NotesPayable
924874 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
1329436 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
272374 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
270000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
270000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
112500 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
924874 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1800000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
300000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.085
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
100000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
100000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.050
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.040
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
100000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.120
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1900000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2200000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.071
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.074
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
400000 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.080
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
2200000 shares
CY2015Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1800000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
45803 USD
CY2006Q4 skas Sharebased Compensation Exercise Price Percentage On Fair Value
SharebasedCompensationExercisePricePercentageOnFairValue
1 pure
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5600000 shares
CY2015Q4 us-gaap Share Price
SharePrice
0.080
skas Share Based Compensation Arrangement By Share Based Payment Award Option Vested Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionVestedExpirationDate
2020-12-01
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
32000 USD
CY2014 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
100000 shares
CY2014Q4 us-gaap Share Price
SharePrice
0.085
CY2014Q4 skas Share Based Compensation Arrangement By Share Based Payment Award Option Vested Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionVestedExpirationDate
2019-12-01
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
100000 shares
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
26244 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
26244 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
26244 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
26244 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
26244 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
3019774 USD
CY2014 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1871615 USD
CY2015 skas Environmental Remediation Agreed Percentage Of Reduction In Tenant Operated Tourist Flights By Year Two
EnvironmentalRemediationAgreedPercentageOfReductionInTenantOperatedTouristFlightsByYearTwo
0.5 pure
CY2015 skas Environmental Remediation Agreed Percentage Of Reduction In Tenant Operated Tourist Flights By Year One
EnvironmentalRemediationAgreedPercentageOfReductionInTenantOperatedTouristFlightsByYearOne
0.4 pure
CY2015 skas Environmental Remediation Agreed Percentage Of Reduction In Tenant Operated Tourist Flights
EnvironmentalRemediationAgreedPercentageOfReductionInTenantOperatedTouristFlights
0.2 pure

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