2016 Form 10-K Financial Statement
#000121390017002845 Filed on March 27, 2017
Income Statement
| Concept | 2016 | 2015 |
|---|---|---|
| Revenue | $10.45M | $8.770M |
| YoY Change | 19.16% | 24.57% |
| Cost Of Revenue | $8.430M | $6.880M |
| YoY Change | 22.53% | 29.57% |
| Gross Profit | $2.020M | $1.890M |
| YoY Change | 6.88% | 9.25% |
| Gross Profit Margin | 19.33% | 21.55% |
| Selling, General & Admin | $3.430M | $3.600M |
| YoY Change | -4.72% | 5.88% |
| % of Gross Profit | 169.8% | 190.48% |
| Research & Development | $4.300M | $5.400M |
| YoY Change | -20.37% | -40.59% |
| % of Gross Profit | 212.87% | 285.71% |
| Depreciation & Amortization | $90.00K | $250.0K |
| YoY Change | -64.0% | 0.0% |
| % of Gross Profit | 4.46% | 13.23% |
| Operating Expenses | $7.730M | $9.000M |
| YoY Change | -14.11% | -27.94% |
| Operating Profit | -$5.710M | -$7.110M |
| YoY Change | -19.69% | -33.92% |
| Interest Expense | $1.540M | -$1.210M |
| YoY Change | -227.27% | -135.17% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$3.780M | -$8.320M |
| YoY Change | -54.57% | 13.66% |
| Income Tax | -$530.0K | -$490.0K |
| % Of Pretax Income | ||
| Net Earnings | -$3.250M | -$7.830M |
| YoY Change | -58.49% | 16.69% |
| Net Earnings / Revenue | -31.1% | -89.28% |
| Basic Earnings Per Share | -$0.93 | -$3.00 |
| Diluted Earnings Per Share | -$1.34 | -$3.00 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.481M shares | 2.607M shares |
| Diluted Shares Outstanding | 3.584M shares | 2.607M shares |
Balance Sheet
| Concept | 2016 | 2015 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.770M | $4.920M |
| YoY Change | 78.25% | -11.03% |
| Cash & Equivalents | $8.770M | $4.920M |
| Short-Term Investments | ||
| Other Short-Term Assets | $130.0K | $240.0K |
| YoY Change | -45.83% | 41.18% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $1.210M | $1.990M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $10.11M | $7.150M |
| YoY Change | 41.4% | 10.17% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $30.00K | $50.00K |
| YoY Change | -40.0% | 0.0% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $160.0K | $240.0K |
| YoY Change | -33.33% | -47.83% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $10.11M | $7.150M |
| Total Long-Term Assets | $160.0K | $240.0K |
| Total Assets | $10.27M | $7.390M |
| YoY Change | 38.97% | 6.33% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.710M | $4.380M |
| YoY Change | -60.96% | 46.0% |
| Accrued Expenses | $1.160M | $300.0K |
| YoY Change | 286.67% | -6.25% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $290.0K |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $2.870M | $7.410M |
| YoY Change | -61.27% | 4.22% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.870M | $7.410M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $2.870M | $7.410M |
| YoY Change | -61.27% | 4.22% |
| 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 | $7.400M | -$20.00K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.27M | $7.390M |
| YoY Change | 38.97% | 6.33% |
Cashflow Statement
| Concept | 2016 | 2015 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.250M | -$7.830M |
| YoY Change | -58.49% | 16.69% |
| Depreciation, Depletion And Amortization | $90.00K | $250.0K |
| YoY Change | -64.0% | 0.0% |
| Cash From Operating Activities | -$4.980M | -$5.390M |
| YoY Change | -7.61% | 118.22% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$10.00K | -$20.00K |
| YoY Change | -50.0% | -60.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$10.00K | -$20.00K |
| YoY Change | -50.0% | -93.33% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 8.840M | 4.800M |
| YoY Change | 84.17% | 96.72% |
| NET CHANGE | ||
| Cash From Operating Activities | -4.980M | -5.390M |
| Cash From Investing Activities | -10.00K | -20.00K |
| Cash From Financing Activities | 8.840M | 4.800M |
| Net Change In Cash | 3.850M | -610.0K |
| YoY Change | -731.15% | 84.85% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$4.980M | -$5.390M |
| Capital Expenditures | -$10.00K | -$20.00K |
| Free Cash Flow | -$4.970M | -$5.370M |
| YoY Change | -7.45% | 121.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.00 | |
| CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.93 | |
| CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.00 | |
| CY2014Q3 | sngx |
Shares Issued In Connection With Acquisition Of In Process Research And Development
SharesIssuedInConnectionWithAcquisitionOfInProcessResearchAndDevelopment
|
3750000 | USD |
| CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
146856143 | USD |
| CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
157514740 | USD |
| CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2606577 | shares |
| CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.34 | |
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2606577 | shares |
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3481460 | shares |
| CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3583587 | shares |
