$UG
UNITED GUARDIAN INC

2016 Q1 Form 10-Q Financial Statement

#000117184316010026 Filed on May 13, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $2.263M $4.372M
YoY Change -48.25% 10.41%
Cost Of Revenue $897.7K $1.679M
YoY Change -46.54% 17.43%
Gross Profit $1.365M $2.693M
YoY Change -49.32% 6.45%
Gross Profit Margin 60.32% 61.6%
Selling, General & Admin $480.0K
YoY Change
% of Gross Profit 17.82%
Research & Development $177.6K $166.3K
YoY Change 6.77% 10.87%
% of Gross Profit 13.01% 6.18%
Depreciation & Amortization $43.04K $42.71K
YoY Change 0.77% -14.58%
% of Gross Profit 3.15% 1.59%
Operating Expenses $467.6K $460.9K
YoY Change 1.44% -24.44%
Operating Profit $719.7K $2.066M
YoY Change -65.16% 7.6%
Interest Expense $40.00K $50.00K
YoY Change -20.0% 66.67%
% of Operating Profit 5.56% 2.42%
Other Income/Expense, Net
YoY Change
Pretax Income $763.0K $2.119M
YoY Change -64.0% 7.58%
Income Tax $238.0K $658.9K
% Of Pretax Income 31.18% 31.09%
Net Earnings $525.1K $1.461M
YoY Change -64.05% 8.99%
Net Earnings / Revenue 23.21% 33.4%
Basic Earnings Per Share
Diluted Earnings Per Share $115.5K $317.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.68M $13.32M
YoY Change -4.8% 16.23%
Cash & Equivalents $1.261M $977.5K
Short-Term Investments $11.42M $12.34M
Other Short-Term Assets $430.0K $400.0K
YoY Change 7.5% 5.26%
Inventory $1.528M $990.0K
Prepaid Expenses
Receivables $1.296M $2.280M
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.94M $16.99M
YoY Change -6.18% 4.94%
LONG-TERM ASSETS
Property, Plant & Equipment $1.063M $1.170M
YoY Change -9.17% -9.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $70.41K $80.00K
YoY Change -11.98% 100.0%
Total Long-Term Assets $1.133M $1.250M
YoY Change -9.35% -6.02%
TOTAL ASSETS
Total Short-Term Assets $15.94M $16.99M
Total Long-Term Assets $1.133M $1.250M
Total Assets $17.07M $18.24M
YoY Change -6.4% 4.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $348.2K $210.0K
YoY Change 65.82% 0.0%
Accrued Expenses $1.101M $850.0K
YoY Change 29.5% -1.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.697M $1.710M
YoY Change -0.77% 1.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.697M $1.710M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.870M $1.970M
YoY Change -5.08% 4.23%
SHAREHOLDERS EQUITY
Retained Earnings $14.58M
YoY Change
Common Stock $459.4K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.21M $16.26M
YoY Change
Total Liabilities & Shareholders Equity $17.07M $18.24M
YoY Change -6.4% 4.11%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $525.1K $1.461M
YoY Change -64.05% 8.99%
Depreciation, Depletion And Amortization $43.04K $42.71K
YoY Change 0.77% -14.58%
Cash From Operating Activities $740.0K $1.810M
YoY Change -59.12% 103.37%
INVESTING ACTIVITIES
Capital Expenditures $5.870K $2.143K
YoY Change 173.92%
Acquisitions
YoY Change
Other Investing Activities -$560.0K -$2.850M
YoY Change -80.35% 83.87%
Cash From Investing Activities -$560.0K -$2.860M
YoY Change -80.42% 84.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities 740.0K 1.810M
Cash From Investing Activities -560.0K -2.860M
Cash From Financing Activities
Net Change In Cash 180.0K -1.050M
YoY Change -117.14% 59.09%
FREE CASH FLOW
Cash From Operating Activities $740.0K $1.810M
Capital Expenditures $5.870K $2.143K
Free Cash Flow $734.1K $1.808M
YoY Change -59.39% 103.13%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 ug Accrued Distribution Fees Current
AccruedDistributionFeesCurrent
207600
CY2015Q4 ug Accrued Distribution Fees Current
AccruedDistributionFeesCurrent
206977
CY2016Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
348223
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
96815
CY2016Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1295747
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
934754
CY2016Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
375000
CY2015Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
250000
CY2016Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
141883
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
CY2016Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
124709
CY2015Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
CY2016Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1100783
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
785623
CY2016Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
203191
CY2015Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
109451
CY2016Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5964759
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5925429
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
72361
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
259869
CY2016Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
172066
CY2016Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8654
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8654
CY2016Q1 us-gaap Assets
Assets
17072801
CY2015Q4 us-gaap Assets
Assets
15688191
CY2016Q1 us-gaap Assets Current
AssetsCurrent
15939735
CY2015Q4 us-gaap Assets Current
AssetsCurrent
14517960
CY2016Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
11156447
CY2015Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
10609832
CY2016Q1 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
11417153
CY2015Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
10719470
CY2016Q1 us-gaap Availableforsale Securities Gross Unrealized Gain Loss1
AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
260706
CY2015 us-gaap Availableforsale Securities Gross Unrealized Gain Loss1
AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
109638
CY2016Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table cellpadding="0" cellspacing="0" style="; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 700px;"> <tr style="vertical-align: top"> <td style="width: 0"></td> <td style="width: 27pt">2. </td> <td style="text-align: justify">Basis of Presentation</td> </tr> </table> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</div> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify">Interim financial statements of the Company are prepared in accordance with Generally Accepted Accounting Principles in the United States of America (&#x201c;GAAP&#x201d;) for interim financial information, pursuant to the requirements for reporting on Form 10-Q and Regulation S-X. In the opinion of management, all adjustments, consisting solely of normal recurring accruals, considered necessary for the fair presentation of financial statements for the interim periods have been included. The results of operations for the current period are not necessarily indicative of results that ultimately may be achieved for any other interim period or for the year ending December 31, 2016. The interim unaudited financial statements and notes thereto should be read in conjunction with the audited financial statements and notes thereto contained in our Annual Report on Form 10-K for the year ended December 31, 2015.</div></div>
CY2016Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2776602
CY2015Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
2776602
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1261308
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1080489
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2023383
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
977493
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
180819
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1045890
CY2016Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2016Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000
CY2016Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4594319
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4594319
CY2016Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4594319
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4594319
CY2016Q1 us-gaap Common Stock Value
CommonStockValue
459432
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
459432
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
624796
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1525764
CY2016Q1 us-gaap Cost Of Revenue
CostOfRevenue
897725
CY2015Q1 us-gaap Cost Of Revenue
CostOfRevenue
1679202
CY2016Q1 us-gaap Costs And Expenses
CostsAndExpenses
1542847
CY2015Q1 us-gaap Costs And Expenses
CostsAndExpenses
2306437
CY2016Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
233305
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
233305
CY2016Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
169373
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
118010
CY2016Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
43036
CY2015Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42708
CY2016Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
105929
CY2015Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
105929
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.11
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.32
CY2016Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
4181810
CY2015Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
4175940
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
763041
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2119410
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
237950
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
658900
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
450
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
300
CY2016Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
251407
CY2015Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
67150
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
360993
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
672432
CY2016Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
141883
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
CY2016Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
315160
CY2015Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
670676
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
234814
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-244953
CY2016Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
43233
CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2260
CY2016Q1 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-95767
CY2015Q1 us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-6449
CY2016Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1154249
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
914486
CY2016Q1 us-gaap Inventory Net
InventoryNet
1528456
CY2015Q4 us-gaap Inventory Net
InventoryNet
1293642
CY2016Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
307312
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
334320
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
20000
CY2016Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
20000
CY2016Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
66895
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
44836
CY2016Q1 us-gaap Investment Income Net
InvestmentIncomeNet
43312
CY2015Q1 us-gaap Investment Income Net
InvestmentIncomeNet
53454
CY2016Q1 us-gaap Land
Land
69000
CY2015Q4 us-gaap Land
Land
69000
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17072801
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15688191
CY2016Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1696818
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
988367
CY2016Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-10180
CY2015Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-562665
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2855838
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
743484
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1809948
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
525091
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
1460510
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
467556
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
460927
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
719729
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2065956
CY2016Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
81343
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
71195
CY2016Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
70413
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
74118
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
110515
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-189903
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-10810
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
2395
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
151068
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
98870
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
99705
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
65254
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
51363
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
33616
CY2016Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
605840
CY2015Q1 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2853695
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5870
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2143
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
203766
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
160533
CY2016Q1 us-gaap Prepaid Taxes
PrepaidTaxes
CY2015Q4 us-gaap Prepaid Taxes
PrepaidTaxes
95767
CY2016Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
49045
CY2015Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7027412
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7021542
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1062653
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1096113
CY2016Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
CY2015Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-12326
CY2016Q1 us-gaap Reclassifications
Reclassifications
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table cellpadding="0" cellspacing="0" style="; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 700px;"> <tr style="vertical-align: top"> <td style="width: 27pt">3. </td> <td style="text-align: justify">Reclassification of Prior Presentation</td> </tr> </table> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</div> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27pt; text-align: justify">Certain prior amounts have been reclassified for consistency with the current period presentation. This reclassification had no effect on the reported income from operations. During the third quarter 2015, the Company concluded that it was appropriate to reclassify research and development costs as a separate item on the statements of income. Previously, such expenses were included with operating expenses. &nbsp;</div></div>
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
177566
CY2015Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
166308
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14575112
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
14050021
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
2262576
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
4372393
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
15206610
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
14581814
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4594319
CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4596439

Files In Submission

Name View Source Status
0001171843-16-010026-index-headers.html Edgar Link pending
0001171843-16-010026-index.html Edgar Link pending
0001171843-16-010026.txt Edgar Link pending
0001171843-16-010026-xbrl.zip Edgar Link pending
exh_311.htm Edgar Link pending
exh_312.htm Edgar Link pending
exh_32.htm Edgar Link pending
f10q_051316p.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ug-20160331.xml Edgar Link completed
ug-20160331.xsd Edgar Link pending
ug-20160331_cal.xml Edgar Link unprocessable
ug-20160331_def.xml Edgar Link unprocessable
ug-20160331_lab.xml Edgar Link unprocessable
ug-20160331_pre.xml Edgar Link unprocessable