2012 Q3 Form 10-Q Financial Statement
#000107878212001966 Filed on August 10, 2012
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% |
Facts In Submission
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23088 | USD | |
CY2012Q2 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
USD | |
CY2011Q2 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
USD | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
53500 | USD | |
CY2012Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2001Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2001Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | |
CY2012Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2012Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2012Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2012Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2012Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
CY2011Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
208566 | USD | |
CY2012Q2 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
CY2011Q2 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
247208 | USD | |
CY2012Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
USD | |
CY2011Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
12942 | USD | |
CY2012Q2 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
CY2011Q2 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
2500 | USD | |
CY2012Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
4950 | USD |
CY2011Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
2000 | USD |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
15250 | USD | |
CY2011Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1000 | USD |
CY2011Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
1500 | USD |
CY2011Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
2000 | USD |
CY2011Q3 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
3300 | USD |
CY2011Q4 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
2500 | USD |
CY2012Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
4500 | USD |
CY2012Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
450 | USD |
CY2012Q2 | us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
USD | |
CY2011Q2 | us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
USD | |
us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
13045 | USD | |
CY2012Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
CY2011Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
5748 | USD | |
CY2012Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-504580 | USD |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-508160 | USD |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
USD | |
CY2011Q2 | us-gaap |
Revenues
Revenues
|
USD | |
us-gaap |
Revenues
Revenues
|
204463 | USD | |
CY2012Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
USD | |
CY2011Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
153821 | USD | |
CY2012Q2 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Cash Flow Effects
ShareBasedGoodsAndNonemployeeServicesTransactionCashFlowEffects
|
USD | |
CY2011Q2 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Cash Flow Effects
ShareBasedGoodsAndNonemployeeServicesTransactionCashFlowEffects
|
USD | |
us-gaap |
Share Based Goods And Nonemployee Services Transaction Cash Flow Effects
ShareBasedGoodsAndNonemployeeServicesTransactionCashFlowEffects
|
98 | USD | |
CY2012Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15584 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-19164 | USD |
CY2004Q3 | us-gaap |
Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
|
1200000 | |
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> |