2015 Q1 Form 10-Q Financial Statement
#000139047815000024 Filed on May 07, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
Revenue | $2.750M | $2.173M |
YoY Change | 26.55% | -20.98% |
Cost Of Revenue | $393.0K | $331.0K |
YoY Change | 18.73% | |
Gross Profit | $2.357M | $1.842M |
YoY Change | 27.96% | -21.85% |
Gross Profit Margin | 85.71% | 84.77% |
Selling, General & Admin | $3.087M | $6.830M |
YoY Change | -54.8% | 346.41% |
% of Gross Profit | 130.97% | 370.79% |
Research & Development | $5.825M | $6.770M |
YoY Change | -13.96% | 33.24% |
% of Gross Profit | 247.14% | 367.54% |
Depreciation & Amortization | $98.00K | $232.0K |
YoY Change | -57.76% | 11500.0% |
% of Gross Profit | 4.16% | 12.6% |
Operating Expenses | $8.912M | $13.60M |
YoY Change | -34.47% | 105.72% |
Operating Profit | -$8.912M | -$11.85M |
YoY Change | -24.79% | 79.23% |
Interest Expense | $930.0K | $9.480M |
YoY Change | -90.19% | -289.6% |
% of Operating Profit | ||
Other Income/Expense, Net | -$321.0K | -$2.536M |
YoY Change | -87.34% | -78.96% |
Pretax Income | -$8.310M | -$2.540M |
YoY Change | 227.17% | -78.93% |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$10.54M | -$2.536M |
YoY Change | 315.5% | -84.62% |
Net Earnings / Revenue | -383.16% | -116.71% |
Basic Earnings Per Share | -$0.08 | |
Diluted Earnings Per Share | -$1.831B | -$654.5M |
COMMON SHARES | ||
Basic Shares Outstanding | 133.7M shares | 117.9M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $52.90M | $52.40M |
YoY Change | 0.95% | 92.72% |
Cash & Equivalents | $52.86M | $52.43M |
Short-Term Investments | ||
Other Short-Term Assets | $2.800M | $1.500M |
YoY Change | 86.67% | 400.0% |
Inventory | $637.0K | $358.0K |
Prepaid Expenses | ||
Receivables | $1.060M | $1.466M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $57.32M | $55.78M |
YoY Change | 2.76% | 102.82% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $528.0K | $653.0K |
YoY Change | -19.14% | 2318.52% |
Goodwill | $6.069M | $5.898M |
YoY Change | 2.9% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $8.200M | $100.0K |
YoY Change | 8100.0% | 0.0% |
Total Long-Term Assets | $51.29M | $36.51M |
YoY Change | 40.47% | 7.55% |
TOTAL ASSETS | ||
Total Short-Term Assets | $57.32M | $55.78M |
Total Long-Term Assets | $51.29M | $36.51M |
Total Assets | $108.6M | $92.29M |
YoY Change | 17.68% | 50.18% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.293M | $1.574M |
YoY Change | 109.21% | -25.86% |
Accrued Expenses | $12.15M | $9.793M |
YoY Change | 24.06% | 30.96% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $3.994M | $3.102M |
YoY Change | 28.76% | |
Total Short-Term Liabilities | $33.96M | $26.84M |
YoY Change | 26.54% | 1.75% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.534M | $6.883M |
YoY Change | -48.66% | 6783.0% |
Other Long-Term Liabilities | $7.000M | $7.000M |
YoY Change | 0.0% | 4.48% |
Total Long-Term Liabilities | $3.534M | $6.883M |
YoY Change | -48.66% | 1.22% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $33.96M | $26.84M |
Total Long-Term Liabilities | $3.534M | $6.883M |
Total Liabilities | $49.52M | $45.79M |
YoY Change | 8.16% | 20.05% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $289.0M | $231.8M |
YoY Change | 24.67% | 74.58% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $3.849M | $3.849M |
YoY Change | 0.0% | 0.0% |
Treasury Stock Shares | 675.0K shares | 675.0K shares |
Shareholders Equity | $59.08M | $46.50M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $108.6M | $92.29M |
YoY Change | 17.68% | 50.18% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$10.54M | -$2.536M |
YoY Change | 315.5% | -84.62% |
Depreciation, Depletion And Amortization | $98.00K | $232.0K |
YoY Change | -57.76% | 11500.0% |
Cash From Operating Activities | -$11.56M | -$8.048M |
YoY Change | 43.59% | 50.97% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $18.00K | $22.00K |
YoY Change | -18.18% | |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | $0.00 | |
YoY Change | ||
Cash From Investing Activities | -$518.0K | -$2.032M |
YoY Change | -74.51% | -79.86% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $42.12M | $0.00 |
YoY Change | ||
Debt Paid & Issued, Net | $947.0K | $3.000K |
YoY Change | 31466.67% | |
Cash From Financing Activities | $41.28M | $14.72M |
YoY Change | 180.46% | 15900.0% |
NET CHANGE | ||
Cash From Operating Activities | -$11.56M | -$8.048M |
Cash From Investing Activities | -$518.0K | -$2.032M |
Cash From Financing Activities | $41.28M | $14.72M |
Net Change In Cash | $29.21M | $4.640M |
YoY Change | 529.53% | -130.28% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$11.56M | -$8.048M |
Capital Expenditures | $18.00K | $22.00K |
Free Cash Flow | -$11.57M | -$8.070M |
YoY Change | 43.42% | 51.38% |
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-5053000 | USD |
CY2014Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
87000 | USD |
CY2015Q1 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
82000 | USD |
CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
232000 | USD |
CY2015Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
264000 | USD |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2198000 | USD |
CY2015Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1373000 | USD |
CY2013Q2 | us-gaap |
Fair Value Assumptions Expected Dividend Rate
FairValueAssumptionsExpectedDividendRate
|
0.0000 | |
CY2013Q2 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P7Y | |
CY2013Q2 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.7534 | |
CY2013Q2 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0120 | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
6069000 | USD |
CY2015Q1 | us-gaap |
Goodwill
Goodwill
|
6069000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1086000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1022000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2217000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-779000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1026000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3020000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-28000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-74000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-121000 | USD |
CY2014Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-314000 | USD |
CY2015Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-242000 | USD |
CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
211000 | USD |
CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
166000 | USD |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
57000 | USD |
CY2015Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
51000 | USD |
CY2014Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
200000 | USD |
CY2015Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
182000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
655000 | USD |
CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
637000 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
455000 | USD |
CY2015Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
455000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
43429000 | USD |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
49523000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
80488000 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
108607000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
27233000 | USD |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
33964000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3910000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
3994000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4492000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3534000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14720000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
41284000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2032000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-518000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8048000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11556000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2536000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10537000 | USD | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10537000 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11849000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-11126000 | USD |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-165000 | USD |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-321000 | USD |
CY2014Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
9313000 | USD |
CY2015Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
589000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
2010000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2015Q1 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | USD |
CY2013Q4 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
10000000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
555000 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
528000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
3000 | USD |
CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
947000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2680000 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2564000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
5000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Interest Received
ProceedsFromInterestReceived
|
2000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
42121000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
38000000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
53000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
110000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4059000 | USD |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6770000 | USD |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
5910000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
200000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
200000 | USD |
us-gaap |
Sales Discounts Services
SalesDiscountsServices
|
0 | USD | |
CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2173000 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2750000 | USD |
CY2014Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
6830000 | USD |
CY2015Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7427000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1623000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
627000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.7853 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.7462 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0206 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0141 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
5768000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
3.50 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
0 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
338000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2431000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.16 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
478000 | USD |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
8590000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
10683000 | shares |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.25 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.93 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
413000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
59084000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
37059000 | USD |
CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
59084000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
675000 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
675000 | shares |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
2.71 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.75 | |
CY2015Q1 | us-gaap |
Share Price
SharePrice
|
1.56 | |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2015Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P10Y | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
24358974 | shares |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
-10296000 | USD | |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
110000 | USD | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
42121000 | USD | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
37059000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3849000 | USD |
CY2015Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3849000 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
116244209 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
136054864 | shares |
CY2015Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentrations of Credit Risk</font><font style="font-family:inherit;font-size:10pt;"> — Financial instruments that potentially subject the company to significant concentrations of credit risk consist principally of cash and cash equivalents. The company maintains cash balances in several accounts with two banks, which at times are in excess of federally insured limits. As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the company’s cash equivalents were invested in money market mutual funds. The company’s investment policy does not allow investment in any debt securities rated less than “investment grade” by national ratings services. The company has not experienced any losses on its deposits of cash and cash equivalents. The company maintains significant cash and cash equivalents at two financial institutions that are in excess of federally insured limits.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> | |
CY2015Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;"> — Certain prior year amounts have been reclassified to conform to current year presentation. These reclassifications had no effect on net loss per share.</font></div></div> | |
CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Uses of Estimates in Preparation of Financial Statements</font><font style="font-family:inherit;font-size:10pt;"> — The preparation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.</font></div></div> |