2020 Form 10-K Financial Statement
#000149315220006930 Filed on April 22, 2020
Income Statement
| Concept | 2020 | 2019 |
|---|---|---|
| Revenue | $11.85M | $22.37M |
| YoY Change | -47.03% | -8.09% |
| Cost Of Revenue | $5.350M | $8.140M |
| YoY Change | -34.28% | 239.09% |
| Gross Profit | $6.500M | $14.23M |
| YoY Change | -54.32% | -35.13% |
| Gross Profit Margin | 54.85% | 63.61% |
| Selling, General & Admin | $9.610M | $10.55M |
| YoY Change | -8.91% | -7.73% |
| % of Gross Profit | 147.85% | 74.14% |
| Research & Development | $2.690M | $4.260M |
| YoY Change | -36.85% | -20.41% |
| % of Gross Profit | 41.38% | 29.94% |
| Depreciation & Amortization | $2.090M | $2.550M |
| YoY Change | -18.04% | 229.46% |
| % of Gross Profit | 32.15% | 17.92% |
| Operating Expenses | $12.29M | $15.85M |
| YoY Change | -22.46% | -5.58% |
| Operating Profit | -$5.790M | -$1.620M |
| YoY Change | 257.41% | -38.21% |
| Interest Expense | -$310.0K | -$380.0K |
| YoY Change | -18.42% | -180.06% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$220.0K | -$180.0K |
| YoY Change | 22.22% | 107.53% |
| Pretax Income | -$7.880M | -$5.870M |
| YoY Change | 34.24% | 84.41% |
| Income Tax | -$1.630M | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$2.860M | -$5.870M |
| YoY Change | -51.28% | 89.4% |
| Net Earnings / Revenue | -24.14% | -26.24% |
| Basic Earnings Per Share | $0.09 | -$0.30 |
| Diluted Earnings Per Share | -$0.13 | -$0.30 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 22.74M shares | 19.54M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 | 2019 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.650M | $2.380M |
| YoY Change | -30.67% | -48.48% |
| Cash & Equivalents | $1.650M | $2.380M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.090M | $1.240M |
| YoY Change | 68.55% | -31.49% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $2.020M | $2.930M |
| Other Receivables | $800.0K | $1.270M |
| Total Short-Term Assets | $6.550M | $7.810M |
| YoY Change | -16.13% | -19.07% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $100.0K | $240.0K |
| YoY Change | -58.33% | -79.31% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $7.440M | $390.0K |
| YoY Change | 1807.69% | -39.06% |
| Total Long-Term Assets | $25.15M | $23.93M |
| YoY Change | 5.1% | -12.92% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $6.550M | $7.810M |
| Total Long-Term Assets | $25.15M | $23.93M |
| Total Assets | $31.70M | $31.74M |
| YoY Change | -0.13% | -14.52% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $760.0K | $1.280M |
| YoY Change | -40.63% | 204.76% |
| Accrued Expenses | $1.400M | $1.810M |
| YoY Change | -22.65% | 90.53% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $3.870M | $600.0K |
| YoY Change | 545.0% | 0.0% |
| Total Short-Term Liabilities | $15.64M | $12.12M |
| YoY Change | 29.04% | 5.85% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $3.350M |
| YoY Change | -100.0% | -14.1% |
| Other Long-Term Liabilities | $60.00K | $1.380M |
| YoY Change | -95.65% | -55.19% |
| Total Long-Term Liabilities | $60.00K | $4.730M |
| YoY Change | -98.73% | -32.23% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $15.64M | $12.12M |
| Total Long-Term Liabilities | $60.00K | $4.730M |
| Total Liabilities | $15.69M | $16.85M |
| YoY Change | -6.88% | -8.57% |
| 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 | $16.01M | $14.89M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $31.70M | $31.74M |
| YoY Change | -0.13% | -14.52% |
Cashflow Statement
| Concept | 2020 | 2019 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.860M | -$5.870M |
| YoY Change | -51.28% | 89.4% |
| Depreciation, Depletion And Amortization | $2.090M | $2.550M |
| YoY Change | -18.04% | 229.46% |
| Cash From Operating Activities | -$10.00K | $1.400M |
| YoY Change | -100.71% | -31.08% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.850M | -$3.020M |
| YoY Change | -5.63% | -6311.95% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$560.0K | $20.00K |
| YoY Change | -2900.0% | 0.0% |
| Cash From Investing Activities | -$3.410M | -$3.000M |
| YoY Change | 13.67% | 60.85% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 2.690M | -640.0K |
| YoY Change | -520.31% | -46.68% |
| NET CHANGE | ||
| Cash From Operating Activities | -10.00K | 1.400M |
| Cash From Investing Activities | -3.410M | -3.000M |
| Cash From Financing Activities | 2.690M | -640.0K |
| Net Change In Cash | -730.0K | -2.240M |
| YoY Change | -67.41% | 116.58% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$10.00K | $1.400M |
| Capital Expenditures | -$2.850M | -$3.020M |
| Free Cash Flow | $2.840M | $4.420M |
| YoY Change | -35.75% | 122.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | strea |
Effect Of Dilutive Securities Stock Options Restricted Stock And Series Convertible Preferred Stock
EffectOfDilutiveSecuritiesStockOptionsRestrictedStockAndSeriesConvertiblePreferredStock
|
USD | |
| CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
| CY2019 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.30 | |
| CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.30 | |
| CY2020 | strea |
Effect Of Dilutive Securities Stock Options Restricted Stock And Series Convertible Preferred Stock
EffectOfDilutiveSecuritiesStockOptionsRestrictedStockAndSeriesConvertiblePreferredStock
|
USD | |
| CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22739679 | shares |
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19540980 | shares |
| CY2020Q1 | strea |
Royalty Liability Fair Value Disclosure
RoyaltyLiabilityFairValueDisclosure
|
969000 | USD |
| CY2019Q1 | strea |
Royalty Liability Fair Value Disclosure
RoyaltyLiabilityFairValueDisclosure
|
905000 | USD |
