2012 Q3 Form 10-Q Financial Statement

#000107878212001966 Filed on August 10, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2012 Q2 2011 Q2
Revenue $0.00
YoY Change
Cost Of Revenue $0.00
YoY Change
Gross Profit $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $0.00 $0.00 $0.00
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change
% of Gross Profit
Operating Expenses $0.00 $3.515K $4.541K
YoY Change -100.0% -22.59% 30.83%
Operating Profit $0.00 -$3.515K -$4.541K
YoY Change -100.0% -22.59% 30.83%
Interest Expense $0.00 $65.00 $65.00
YoY Change -100.0% 0.0% 1200.0%
% of Operating Profit
Other Income/Expense, Net $0.00 -$65.00 -$65.00
YoY Change -100.0% 0.0% 1200.0%
Pretax Income $0.00 $0.00 $0.00
YoY Change
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings $0.00 -$3.580K -$4.606K
YoY Change -100.0% -22.28% 32.51%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 11.28M 11.28M 11.28M
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q3 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change
Cash & Equivalents $0.00 $207.00 $2.327K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $0.00 $207.00 $2.327K
YoY Change -100.0% -91.1%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $0.00 $207.00 $2.327K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $207.00 $2.327K
YoY Change -100.0% -91.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $385.00 $3.990K
YoY Change -100.0% -90.35%
Accrued Expenses $0.00 $0.00 $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $20.00K $19.37K $11.97K
YoY Change 69.12% 61.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $20.00K $19.37K $11.97K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $20.00K $19.37K $11.97K
YoY Change 69.12% 61.88%
SHAREHOLDERS EQUITY
Retained Earnings -$508.2K -$498.6K
YoY Change 1.91%
Common Stock $11.28K $11.28K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$20.00K -$19.16K -$9.639K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $207.00 $2.327K
YoY Change -100.0% -91.1%

Cashflow Statement

Concept 2012 Q3 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $0.00 -$3.580K -$4.606K
YoY Change -100.0% -22.28% 32.51%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change
Cash From Operating Activities -$10.00K -$4.990K -$551.00
YoY Change 0.0% 805.63% -82.83%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K $4.950K $2.000K
YoY Change 0.0% 147.5% 90.48%
NET CHANGE
Cash From Operating Activities -10.00K -$4.990K -$551.00
Cash From Investing Activities 0.000
Cash From Financing Activities 10.00K $4.950K $2.000K
Net Change In Cash 0.000 -$40.00 $1.449K
YoY Change -102.76% -167.08%
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$4.990K -$551.00
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$10.00K -$4.990K -$551.00
YoY Change 0.0% 805.63% -82.83%

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CY2012Q2 us-gaap Use Of Estimates
UseOfEstimates
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --> <div> <div style="COLOR: #000000; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; MARGIN-TOP: 0px; WIDTH: 682px"> <!--StartFragment--> <p style="MARGIN: 0px; text-align: justify"><u>Estimates and Assumptions</u></p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; text-align: justify">Management uses estimates and assumptions in preparing financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of the assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were assumed in preparing these financial statements.</p> <!--EndFragment--></div> </div>

Files In Submission

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0001078782-12-001966-index-headers.html Edgar Link pending
0001078782-12-001966-index.html Edgar Link pending
0001078782-12-001966.txt Edgar Link pending
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f10q063012_10q.htm Edgar Link pending
f10q063012_ex31z1.htm Edgar Link pending
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