2017 Form 10-K Financial Statement
#000119312518089265 Filed on March 20, 2018
Income Statement
| Concept | 2017 |
|---|---|
| Revenue | $31.14M |
| YoY Change | -3.17% |
| Cost Of Revenue | $10.75M |
| YoY Change | 42.83% |
| Gross Profit | $20.39M |
| YoY Change | -17.23% |
| Gross Profit Margin | 65.47% |
| Selling, General & Admin | $21.55M |
| YoY Change | -15.74% |
| % of Gross Profit | 105.68% |
| Research & Development | $4.761M |
| YoY Change | -13.24% |
| % of Gross Profit | 23.35% |
| Depreciation & Amortization | $753.7K |
| YoY Change | 32.94% |
| % of Gross Profit | 3.7% |
| Operating Expenses | $26.31M |
| YoY Change | -15.3% |
| Operating Profit | -$5.920M |
| YoY Change | -7.89% |
| Interest Expense | -$179.8K |
| YoY Change | -92.76% |
| % of Operating Profit | |
| Other Income/Expense, Net | $212.0K |
| YoY Change | -110.55% |
| Pretax Income | -$5.887M |
| YoY Change | 11.36% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$5.887M |
| YoY Change | 11.36% |
| Net Earnings / Revenue | -18.9% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$260.3K |
| COMMON SHARES | |
| Basic Shares Outstanding | 22.61M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $3.686M |
| YoY Change | -56.64% |
| Cash & Equivalents | $3.686M |
| Short-Term Investments | |
| Other Short-Term Assets | $750.1K |
| YoY Change | -12.3% |
| Inventory | $1.147M |
| Prepaid Expenses | |
| Receivables | $4.287M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $9.871M |
| YoY Change | -49.13% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $592.7K |
| YoY Change | -45.44% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $44.43K |
| YoY Change | 13.23% |
| Total Long-Term Assets | $796.6K |
| YoY Change | -49.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $9.871M |
| Total Long-Term Assets | $796.6K |
| Total Assets | $10.67M |
| YoY Change | -49.12% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.654M |
| YoY Change | -36.94% |
| Accrued Expenses | $3.195M |
| YoY Change | -28.85% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $30.13M |
| YoY Change | -15.5% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $1.147M |
| YoY Change | 36.13% |
| Total Long-Term Liabilities | $1.147M |
| YoY Change | 36.13% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $30.13M |
| Total Long-Term Liabilities | $1.147M |
| Total Liabilities | $31.27M |
| YoY Change | -14.31% |
| 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 | -$20.61M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $10.67M |
| YoY Change | -49.12% |
Cashflow Statement
| Concept | 2017 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$5.887M |
| YoY Change | 11.36% |
| Depreciation, Depletion And Amortization | $753.7K |
| YoY Change | 32.94% |
| Cash From Operating Activities | -$4.675M |
| YoY Change | -28.77% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$81.58K |
| YoY Change | -80.11% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$81.58K |
| YoY Change | -80.11% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -58.95K |
| YoY Change | -100.6% |
| NET CHANGE | |
| Cash From Operating Activities | -4.675M |
| Cash From Investing Activities | -81.58K |
| Cash From Financing Activities | -58.95K |
| Net Change In Cash | -4.815M |
| YoY Change | -265.59% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$4.675M |
| Capital Expenditures | -$81.58K |
| Free Cash Flow | -$4.593M |
| YoY Change | -25.35% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
22614248 |
