2014 Q1 Form 10-Q Financial Statement

#000101041214000019 Filed on February 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2013 Q2
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $920.0K $350.0K $1.030M
YoY Change 1214.29% 1650.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $70.00K $354.4K $1.034M
YoY Change -28.63% 2129.43% 29312.94%
Operating Profit -$354.4K -$1.034M
YoY Change 2129.43% 29312.94%
Interest Expense -$20.00K $31.02K $30.07K
YoY Change -404.09% 47623.08% 46166.15%
% of Operating Profit
Other Income/Expense, Net -$850.0K $1.646M -$30.05K
YoY Change 12823.83% -2532121.54% 46133.85%
Pretax Income -$90.00K $1.291M -$1.064M
YoY Change -14.0% -6556.9%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$90.00K $1.291M -$1.064M
YoY Change -14.0% -8189.83% 29618.35%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$1.966K $30.53K -$25.68K
COMMON SHARES
Basic Shares Outstanding 42.92M shares 42.26M shares 40.80M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q1 2013 Q4 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $380.0K $120.0K $1.260M
YoY Change -30.91%
Cash & Equivalents $375.2K $124.9K $1.259M
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses $2.000K
Receivables
Other Receivables
Total Short-Term Assets $377.2K $124.9K $1.259M
YoY Change -30.84% 34970.22% 607884.06%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $15.83M $14.87M $12.10M
YoY Change 151.27%
Other Assets $3.585M $8.573M $8.573M
YoY Change
Total Long-Term Assets $16.70M $15.74M $12.10M
YoY Change 165.17%
TOTAL ASSETS
Total Short-Term Assets $377.2K $124.9K $1.259M
Total Long-Term Assets $16.70M $15.74M $12.10M
Total Assets $17.08M $15.86M $13.36M
YoY Change 149.55% 4455667.42% 6451700.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.92K $21.12K $250.0K
YoY Change -40.6% 82.88% 64835.06%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $3.000M
YoY Change -100.0%
Long-Term Debt Due $90.00K $0.00 $0.00
YoY Change
Total Short-Term Liabilities $142.9K $28.57K $3.253M
YoY Change -95.38% -27.62% 16691.56%
LONG-TERM LIABILITIES
Long-Term Debt $1.460M $1.430M $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.460M $1.425M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $142.9K $28.57K $3.253M
Total Long-Term Liabilities $1.460M $1.425M $0.00
Total Liabilities $1.599M $1.454M $3.253M
YoY Change -48.35% 3583.63% 16691.56%
SHAREHOLDERS EQUITY
Retained Earnings -$310.8K -$218.7K -$1.169M
YoY Change 196.98% -58.59% 129.96%
Common Stock $15.09M $3.315M $11.28M
YoY Change 36896.23% 88058.54% 99871.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.48M $14.41M $10.10M
YoY Change
Total Liabilities & Shareholders Equity $17.08M $15.86M $13.36M
YoY Change 149.55% 4455667.42% 6451700.48%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2013 Q2
OPERATING ACTIVITIES
Net Income -$90.00K $1.291M -$1.064M
YoY Change -14.0% -8189.83% 29618.35%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$870.0K -$2.450M -$6.239M
YoY Change -73.82% 124923.35%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$860.0K
YoY Change
Cash From Investing Activities $0.00 -$860.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.952M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.120M 2.460M $6.952M
YoY Change -71.05% 140339.9%
NET CHANGE
Cash From Operating Activities -870.0K -2.450M -$6.239M
Cash From Investing Activities 0.000 -860.0K
Cash From Financing Activities 1.120M 2.460M $6.952M
Net Change In Cash 250.0K -850.0K $713.1K
YoY Change -54.16% -1782875.0%
FREE CASH FLOW
Cash From Operating Activities -$870.0K -$2.450M -$6.239M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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In the event the Qualified NIBs delivered are less than $300,000,000 in face value under the DMF Agreement, Del Mar and Europa shall be jointly and severally liable for liquidated damages equal to the aggregate of the cash payment under the Del Mar ATA and all of the costs advanced, reduced by the pro rata percentage of the Qualified NIBs delivered and accepted by SSI, multiplied by two; and if at least $300,000,000 in Qualified NIBs are delivered and accepted, then the cash payment and all costs will not be doubled if they are paid within 90 days.
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CY2013Q4 us-gaap Life Settlement Contracts Investment Method Face Value Maturing In Next Twelve Months
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LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearThree
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LifeSettlementContractsInvestmentMethodFaceValueMaturingInYearTwo
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CY2013Q4 us-gaap Life Settlement Contracts Investment Method Five Year Disclosure Premiums To Be Paid
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39253366 USD
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Number Of Contracts
LifeSettlementContractsInvestmentMethodNumberOfContracts
22 pure
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Number Of Contracts Maturing After Year Five
LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingAfterYearFive
18 pure
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LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInNextTwelveMonths
0 pure
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LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearFive
3 pure
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1 pure
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LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearThree
0 pure
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LifeSettlementContractsInvestmentMethodNumberOfContractsMaturingInYearTwo
0 pure
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid After Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidAfterYearFive
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CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid In Next Twelve Months
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInNextTwelveMonths
4153400 USD
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid In Year Five
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFive
4134611 USD
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid In Year Four
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearFour
3747491 USD
us-gaap Operating Income Loss
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-1699108 USD
CY2013Q4 us-gaap Operating Income Loss
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-354434 USD
CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid In Year Three
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearThree
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CY2013Q4 us-gaap Life Settlement Contracts Investment Method Premiums To Be Paid In Year Two
LifeSettlementContractsInvestmentMethodPremiumsToBePaidInYearTwo
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CY2013Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
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CY2013Q1 us-gaap Long Term Notes Payable
LongTermNotesPayable
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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13906615 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-861000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-861000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-9597442 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-12920765 USD
us-gaap Net Income Loss
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-114055 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
1291380 USD
us-gaap Net Income Loss
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-218706 USD
us-gaap Nonoperating Income Expense
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CY2013Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1645814 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1578476 USD
CY2013Q4 us-gaap Notes Payable Current
NotesPayableCurrent
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CY2013Q1 us-gaap Notes Payable Current
NotesPayableCurrent
2999000 USD
CY2013Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
3441 USD
CY2013Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
3441 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
861000 USD
CY2013Q1 us-gaap Notes Receivable Net
NotesReceivableNet
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us-gaap Operating Expenses
OperatingExpenses
1699108 USD
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
354434 USD
us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Income Loss
OperatingIncomeLoss
-1797182 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8572972 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
us-gaap Payments Of Stock Issuance Costs
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586400 USD
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PaymentsToAcquireBusinessesGross
24000000 USD
CY2013Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8572972 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4000 USD
CY2013Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4000 USD
CY2013Q2 us-gaap Other Notes Payable
OtherNotesPayable
12000000 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
861000 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
861000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
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CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6765375 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10634115 USD
us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
10592500 USD
us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
3272500 USD
us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
3272500 USD
us-gaap Professional Fees
ProfessionalFees
343582 USD
CY2013Q4 us-gaap Professional Fees
ProfessionalFees
100664 USD
us-gaap Professional Fees
ProfessionalFees
387754 USD
CY2013Q4 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
5735 USD
CY2013Q1 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
37510 USD
CY2013Q2 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
4000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-218706 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-104651 USD
us-gaap Revenues
Revenues
USD
CY2013Q4 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M10D
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
1656338 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1072500 shares
us-gaap Share Based Compensation
ShareBasedCompensation
735999 USD
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
USD
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
70000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.92
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1.92
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y4M28D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
70000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
1.92
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
70000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
1.54
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y4M10D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
3374450
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2185000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.97
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3374450 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2185000 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.54
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.97
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.54
CY2013Q1 us-gaap Share Price
SharePrice
5.00
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
14408713 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
3748894 USD
us-gaap Stock Issued1
StockIssued1
USD
us-gaap Stock Issued1
StockIssued1
37510 USD
us-gaap Stock Issued During Period Shares Issued For Cash
StockIssuedDuringPeriodSharesIssuedForCash
1464000 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
654500 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
us-gaap Stock Issued During Period Value Issued For Cash
StockIssuedDuringPeriodValueIssuedForCash
7320000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3272500 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
735999 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
735999 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
41490857 shares
CY2013Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
42261441 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
shares

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