2013 Form 10-K Financial Statement
#000119312514118072 Filed on March 27, 2014
Income Statement
| Concept | 2013 |
|---|---|
| Revenue | $38.03M |
| YoY Change | -18.32% |
| Cost Of Revenue | $11.00M |
| YoY Change | -25.58% |
| Gross Profit | $27.03M |
| YoY Change | -14.95% |
| Gross Profit Margin | 71.08% |
| Selling, General & Admin | $30.20M |
| YoY Change | -11.18% |
| % of Gross Profit | 111.73% |
| Research & Development | $5.670M |
| YoY Change | -32.58% |
| % of Gross Profit | 20.98% |
| Depreciation & Amortization | $1.220M |
| YoY Change | -23.75% |
| % of Gross Profit | 4.51% |
| Operating Expenses | $35.87M |
| YoY Change | -15.42% |
| Operating Profit | -$8.840M |
| YoY Change | -16.84% |
| Interest Expense | -$12.57M |
| YoY Change | 82.7% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$47.35M |
| YoY Change | -672.55% |
| Pretax Income | -$68.76M |
| YoY Change | 644.16% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$68.76M |
| YoY Change | 644.16% |
| Net Earnings / Revenue | -180.8% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$5.953M |
| COMMON SHARES | |
| Basic Shares Outstanding | 11.55M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $13.78M |
| YoY Change | 77.12% |
| Cash & Equivalents | $13.78M |
| Short-Term Investments | |
| Other Short-Term Assets | $1.940M |
| YoY Change | -44.41% |
| Inventory | $4.880M |
| Prepaid Expenses | |
| Receivables | $7.560M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $28.16M |
| YoY Change | 0.79% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.180M |
| YoY Change | -44.86% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $30.00K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $2.920M |
| YoY Change | -30.97% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $28.16M |
| Total Long-Term Assets | $2.920M |
| Total Assets | $31.08M |
| YoY Change | -3.39% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $3.510M |
| YoY Change | -1.4% |
| Accrued Expenses | $5.580M |
| YoY Change | 129.63% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $50.00K |
| YoY Change | -99.59% |
| Total Short-Term Liabilities | $23.81M |
| YoY Change | -29.24% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $18.48M |
| YoY Change | 9.87% |
| Other Long-Term Liabilities | $490.0K |
| YoY Change | 2.08% |
| Total Long-Term Liabilities | $18.97M |
| YoY Change | 9.65% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $23.81M |
| Total Long-Term Liabilities | $18.97M |
| Total Liabilities | $42.78M |
| YoY Change | -16.05% |
| 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 | -$11.70M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $31.08M |
| YoY Change | -3.39% |
Cashflow Statement
| Concept | 2013 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$68.76M |
| YoY Change | 644.16% |
| Depreciation, Depletion And Amortization | $1.220M |
| YoY Change | -23.75% |
| Cash From Operating Activities | -$6.330M |
| YoY Change | -47.77% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $0.00 |
| YoY Change | -100.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | $0.00 |
| YoY Change | -100.0% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 12.33M |
| YoY Change | 103.13% |
| NET CHANGE | |
| Cash From Operating Activities | -6.330M |
| Cash From Investing Activities | 0.000 |
| Cash From Financing Activities | 12.33M |
| Net Change In Cash | 6.000M |
| YoY Change | -197.09% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$6.330M |
| Capital Expenditures | $0.00 |
| Free Cash Flow | -$6.330M |
| YoY Change | -47.21% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11554566 | |
| CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
18531211 |
