2014 Form 10-K Financial Statement
#000104746915002068 Filed on March 12, 2015
Income Statement
| Concept | 2014 |
|---|---|
| Revenue | $92.70M |
| YoY Change | 671.28% |
| Cost Of Revenue | $5.800M |
| YoY Change | 425.36% |
| Gross Profit | $86.90M |
| YoY Change | 696.15% |
| Gross Profit Margin | 93.74% |
| Selling, General & Admin | $72.60M |
| YoY Change | 30.6% |
| % of Gross Profit | 83.54% |
| Research & Development | $19.60M |
| YoY Change | 13.66% |
| % of Gross Profit | 22.55% |
| Depreciation & Amortization | $900.0K |
| YoY Change | 21.29% |
| % of Gross Profit | 1.04% |
| Operating Expenses | $92.10M |
| YoY Change | 26.45% |
| Operating Profit | -$5.200M |
| YoY Change | -91.6% |
| Interest Expense | -$1.800M |
| YoY Change | -122.93% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$600.0K |
| YoY Change | -98.02% |
| Pretax Income | -$10.30M |
| YoY Change | -88.84% |
| Income Tax | $600.0K |
| % Of Pretax Income | |
| Net Earnings | -$10.90M |
| YoY Change | -88.19% |
| Net Earnings / Revenue | -11.76% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$257.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 42.26M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $74.30M |
| YoY Change | -9.61% |
| Cash & Equivalents | $36.40M |
| Short-Term Investments | $37.90M |
| Other Short-Term Assets | $3.700M |
| YoY Change | 32.14% |
| Inventory | $13.40M |
| Prepaid Expenses | |
| Receivables | $17.30M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $108.7M |
| YoY Change | 11.83% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $2.400M |
| YoY Change | -7.69% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $19.80M |
| YoY Change | 125.0% |
| Other Assets | $400.0K |
| YoY Change | -71.43% |
| Total Long-Term Assets | $28.10M |
| YoY Change | 103.62% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $108.7M |
| Total Long-Term Assets | $28.10M |
| Total Assets | $136.8M |
| YoY Change | 23.24% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.900M |
| YoY Change | -38.71% |
| Accrued Expenses | $26.10M |
| YoY Change | 71.71% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $28.10M |
| YoY Change | 6.44% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $26.20M |
| YoY Change | -23.84% |
| Other Long-Term Liabilities | $41.70M |
| YoY Change | 149.7% |
| Total Long-Term Liabilities | $67.90M |
| YoY Change | 32.88% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $28.10M |
| Total Long-Term Liabilities | $67.90M |
| Total Liabilities | $96.10M |
| YoY Change | 24.0% |
| 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 | $40.70M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $136.8M |
| YoY Change | 23.24% |
Cashflow Statement
| Concept | 2014 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$10.90M |
| YoY Change | -88.19% |
| Depreciation, Depletion And Amortization | $900.0K |
| YoY Change | 21.29% |
| Cash From Operating Activities | -$24.50M |
| YoY Change | -57.72% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$600.0K |
| YoY Change | -136.45% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$2.100M |
| YoY Change | -80.0% |
| Cash From Investing Activities | -$2.700M |
| YoY Change | -77.71% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 30.60M |
| YoY Change | -51.23% |
| NET CHANGE | |
| Cash From Operating Activities | -24.50M |
| Cash From Investing Activities | -2.700M |
| Cash From Financing Activities | 30.60M |
| Net Change In Cash | 3.400M |
| YoY Change | -146.44% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$24.50M |
| Capital Expenditures | -$600.0K |
| Free Cash Flow | -$23.90M |
| YoY Change | -59.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
42260896 |
