2015 Q4 Form 10-K Financial Statement
#000155278116001431 Filed on March 24, 2016
Income Statement
| Concept | 2015 Q4 | 2015 | 2014 Q4 |
|---|---|---|---|
| Revenue | $6.550M | $23.50M | $6.650M |
| YoY Change | -1.5% | 35.06% | 92.75% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $880.0K | $14.20M | $730.0K |
| YoY Change | 20.55% | 330.3% | 55.32% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | ||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $880.0K | $14.20M | $730.0K |
| YoY Change | 20.55% | 330.3% | 55.32% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | -$150.0K | -$3.700M | -$80.00K |
| YoY Change | 87.5% | 362.5% | -27.27% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $2.110M | -$1.100M | $5.840M |
| YoY Change | -63.87% | -108.27% | 103.48% |
| Income Tax | $4.890M | $3.300M | -$12.10M |
| % Of Pretax Income | 231.75% | -207.19% | |
| Net Earnings | -$3.470M | -$7.400M | $17.48M |
| YoY Change | -119.85% | -135.64% | 48.14% |
| Net Earnings / Revenue | -52.98% | -31.49% | 262.86% |
| Basic Earnings Per Share | -$0.57 | ||
| Diluted Earnings Per Share | -$267.1K | -$0.57 | $1.602M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 12.99K shares | ||
| Diluted Shares Outstanding | 12.99K shares |
Balance Sheet
| Concept | 2015 Q4 | 2015 | 2014 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $47.30M | $47.30M | $58.70M |
| YoY Change | -19.42% | -19.42% | 662.34% |
| Cash & Equivalents | $47.30M | $47.30M | $58.70M |
| Short-Term Investments | |||
| Other Short-Term Assets | $1.900M | $1.900M | $0.00 |
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $1.100M | $1.100M | $1.100M |
| Other Receivables | $99.40M | $0.00 | $10.50M |
| Total Short-Term Assets | $149.7M | $50.30M | $70.40M |
| YoY Change | 112.64% | -15.89% | 691.01% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $13.30M | $13.30M | $13.90M |
| YoY Change | -4.32% | -4.32% | 2.96% |
| Other Assets | $17.60M | $17.60M | $21.20M |
| YoY Change | -16.98% | -16.98% | 101.9% |
| Total Long-Term Assets | $30.80M | $130.2M | $117.8M |
| YoY Change | -73.85% | 1.4% | 123.53% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $149.7M | $50.30M | $70.40M |
| Total Long-Term Assets | $30.80M | $130.2M | $117.8M |
| Total Assets | $180.5M | $180.5M | $188.2M |
| YoY Change | -4.09% | -4.09% | 205.52% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $800.0K | $900.0K | |
| YoY Change | -11.11% | ||
| Accrued Expenses | $800.0K | ||
| YoY Change | -11.11% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $800.0K | $800.0K | $900.0K |
| YoY Change | -11.11% | -11.11% | 125.0% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Other Long-Term Liabilities | $300.0K | $300.0K | $400.0K |
| YoY Change | -25.0% | -25.0% | 33.33% |
| Total Long-Term Liabilities | $300.0K | $300.0K | $400.0K |
| YoY Change | -25.0% | -25.0% | -92.45% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $800.0K | $800.0K | $900.0K |
| Total Long-Term Liabilities | $300.0K | $300.0K | $400.0K |
| Total Liabilities | $5.300M | $5.300M | $6.200M |
| YoY Change | -14.52% | -14.52% | -45.13% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$4.258B | -$4.250B | |
| YoY Change | 0.17% | ||
| Common Stock | $13.00K | $13.00K | |
| YoY Change | 0.0% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $175.1M | $175.1M | $182.1M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $180.5M | $180.5M | $188.2M |
| YoY Change | -4.09% | -4.09% | 205.52% |
Cashflow Statement
| Concept | 2015 Q4 | 2015 | 2014 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$3.470M | -$7.400M | $17.48M |
| YoY Change | -119.85% | -135.64% | 48.14% |
| Depreciation, Depletion And Amortization | $0.00 | ||
| YoY Change | |||
| Cash From Operating Activities | $3.560M | $11.21M | $2.520M |
| YoY Change | 41.27% | 118.52% | 447.83% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | -$50.00K | $0.00 |
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $20.00M | -$18.83M | -$48.00M |
| YoY Change | -141.67% | -66.15% | 619.64% |
| Cash From Investing Activities | $20.00M | -$18.88M | -$48.00M |
| YoY Change | -141.67% | -66.06% | 618.56% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -1.040M | -3.770M | 35.03M |
| YoY Change | -102.97% | -103.71% | 786.84% |
| NET CHANGE | |||
| Cash From Operating Activities | 3.560M | 11.21M | 2.520M |
| Cash From Investing Activities | 20.00M | -18.88M | -48.00M |
| Cash From Financing Activities | -1.040M | -3.770M | 35.03M |
| Net Change In Cash | 22.52M | -11.44M | -10.45M |
| YoY Change | -315.5% | -122.4% | 360.35% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $3.560M | $11.21M | $2.520M |
| Capital Expenditures | $0.00 | -$50.00K | $0.00 |
| Free Cash Flow | $3.560M | $11.26M | $2.520M |
| YoY Change | 41.27% | 119.49% | 447.83% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6486 | shares |
| CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
179440000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
186934000 | USD |
| CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
4299000 | USD |
| CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
4867000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
175141000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
182067000 | USD |
| CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12986 | shares |
| CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12986 | shares |
| CY2014 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6492 | shares |
| CY2015 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.57 | |
| CY2014 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.20 | |
| CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.57 | |
| CY2014 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.20 | |
| CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20765000 | USD |
| CY2014 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
6 | shares |
| CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
USD | |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
USD | |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4257798000 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-4250428000 | USD |
| CY2015Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4432926000 | USD |
| CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
4432482000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
13000 | USD |
| CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
13000 | USD |
| CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD |
