2015 Q3 Form 10-Q Financial Statement
#000117184315004724 Filed on August 14, 2015
Income Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
Revenue | $1.335M | $1.457M | $1.621M |
YoY Change | -28.69% | -10.12% | 47.36% |
Cost Of Revenue | $577.0K | $678.0K | $954.0K |
YoY Change | -35.89% | -28.93% | 59.0% |
Gross Profit | $758.0K | $779.0K | $667.0K |
YoY Change | -22.02% | 16.79% | 33.4% |
Gross Profit Margin | 56.78% | 53.47% | 41.15% |
Selling, General & Admin | $2.799M | $2.352M | $3.003M |
YoY Change | 45.1% | -21.68% | 456.11% |
% of Gross Profit | 369.26% | 301.93% | 450.22% |
Research & Development | $253.0K | $194.0K | $128.0K |
YoY Change | 140.95% | 51.56% | 540.0% |
% of Gross Profit | 33.38% | 24.9% | 19.19% |
Depreciation & Amortization | $50.00K | $40.00K | $30.00K |
YoY Change | 25.0% | 33.33% | 0.0% |
% of Gross Profit | 6.6% | 5.13% | 4.5% |
Operating Expenses | $3.629M | $3.224M | $4.085M |
YoY Change | 23.69% | -21.08% | 629.46% |
Operating Profit | -$3.128M | -$2.490M | -$2.811M |
YoY Change | 91.55% | -11.42% | 4585.0% |
Interest Expense | $24.00K | $72.00K | $478.0K |
YoY Change | 500.0% | -84.94% | -199.58% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$3.150M | -$2.560M | -$3.290M |
YoY Change | 92.07% | -22.19% | 509.26% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$3.152M | -$2.562M | -$3.289M |
YoY Change | 92.55% | -22.1% | 509.07% |
Net Earnings / Revenue | -236.1% | -175.84% | -202.9% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$78.75M | -$85.33M | -$164.5M |
COMMON SHARES | |||
Basic Shares Outstanding | 7.868M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.10M | $10.40M | $7.700M |
YoY Change | 89.06% | 35.06% | 3750.0% |
Cash & Equivalents | $12.12M | $10.45M | $7.700M |
Short-Term Investments | |||
Other Short-Term Assets | $600.0K | $300.0K | $600.0K |
YoY Change | 20.0% | -50.0% | 100.0% |
Inventory | $364.0K | $536.0K | $200.0K |
Prepaid Expenses | |||
Receivables | $547.0K | $581.0K | $1.400M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $13.61M | $11.86M | $9.800M |
YoY Change | 56.38% | 21.01% | 476.47% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.177M | $1.192M | $900.0K |
YoY Change | 47.13% | 32.44% | -10.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Total Long-Term Assets | $1.192M | $1.235M | $900.0K |
YoY Change | 49.0% | 37.22% | -10.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.61M | $11.86M | $9.800M |
Total Long-Term Assets | $1.192M | $1.235M | $900.0K |
Total Assets | $14.80M | $13.09M | $10.70M |
YoY Change | 55.76% | 22.37% | 296.3% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $195.0K | $332.0K | $200.0K |
YoY Change | -2.5% | 66.0% | |
Accrued Expenses | $713.0K | $477.0K | $0.00 |
YoY Change | 256.5% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.100M | $1.100M | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $0.00 | $100.0K | $400.0K |
YoY Change | -100.0% | -75.0% | 300.0% |
Total Short-Term Liabilities | $2.114M | $2.075M | $2.100M |
YoY Change | 5.7% | -1.19% | -91.5% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $100.0K |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $50.00K | $76.00K | |
YoY Change | |||
Total Long-Term Liabilities | $50.00K | $76.00K | $100.0K |
YoY Change | -24.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.114M | $2.075M | $2.100M |
Total Long-Term Liabilities | $50.00K | $76.00K | $100.0K |
Total Liabilities | $2.164M | $2.151M | $2.200M |
YoY Change | 8.2% | -2.23% | -91.09% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$14.99M | -$11.84M | |
YoY Change | |||
Common Stock | $106.0K | $78.00K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $12.63M | $10.94M | $8.500M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $14.80M | $13.09M | $10.70M |
YoY Change | 55.76% | 22.37% | 296.3% |
Cashflow Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.152M | -$2.562M | -$3.289M |
YoY Change | 92.55% | -22.1% | 509.07% |
Depreciation, Depletion And Amortization | $50.00K | $40.00K | $30.00K |
YoY Change | 25.0% | 33.33% | 0.0% |
Cash From Operating Activities | -$2.300M | -$2.190M | -$480.0K |
YoY Change | 177.11% | 356.25% | 242.86% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$30.00K | -$30.00K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $30.00K | $0.00 | |
YoY Change | -400.0% | -100.0% | |
Cash From Investing Activities | $0.00 | -$30.00K | $0.00 |
YoY Change | -100.0% | -100.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.990M | -610.0K | 8.070M |
YoY Change | -948.94% | -107.56% | 3935.0% |
NET CHANGE | |||
Cash From Operating Activities | -2.300M | -2.190M | -480.0K |
Cash From Investing Activities | 0.000 | -30.00K | 0.000 |
Cash From Financing Activities | 3.990M | -610.0K | 8.070M |
Net Change In Cash | 1.690M | -2.830M | 7.590M |
YoY Change | -229.01% | -137.29% | 10742.86% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.300M | -$2.190M | -$480.0K |
Capital Expenditures | -$30.00K | -$30.00K | $0.00 |
Free Cash Flow | -$2.270M | -$2.160M | -$480.0K |
YoY Change | 173.49% | 350.0% | 242.86% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Registrant Name
EntityRegistrantName
|
SIGNAL GENETICS, INC. | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7868096 | |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001590750 | ||
dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | ||
CY2015Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
22701000 | |
CY2015Q2 | sgnl |
Accrued Offering Costs
AccruedOfferingCosts
|
||
CY2014Q4 | sgnl |
Accrued Offering Costs
AccruedOfferingCosts
|
42000 | |
CY2014 | sgnl |
Capital Lease Obligation Term
CapitalLeaseObligationTerm
|
P2Y | |
CY2015Q2 | sgnl |
Capital Lease Obligation Unamortized Discount
CapitalLeaseObligationUnamortizedDiscount
|
8000 | |
CY2014Q4 | sgnl |
Capital Lease Obligation Unamortized Discount
CapitalLeaseObligationUnamortizedDiscount
|
8000 | |
CY2014Q4 | sgnl |
Capital Lease Obligations Monthly Rent
CapitalLeaseObligationsMonthlyRent
|
7200 | |
CY2015Q2 | sgnl |
Contractual Allowances
ContractualAllowances
|
723000 | |
CY2014Q2 | sgnl |
Contractual Allowances
ContractualAllowances
|
347000 | |
sgnl |
Contractual Allowances
ContractualAllowances
|
1376000 | ||
sgnl |
Contractual Allowances
ContractualAllowances
|
741000 | ||
CY2015Q2 | sgnl |
Contractual Allowances Percentage
ContractualAllowancesPercentage
|
0.5 | |
CY2014Q2 | sgnl |
Contractual Allowances Percentage
ContractualAllowancesPercentage
|
0.21 | |
sgnl |
Contractual Allowances Percentage
ContractualAllowancesPercentage
|
0.5 | ||
sgnl |
Contractual Allowances Percentage
ContractualAllowancesPercentage
|
0.24 | ||
sgnl |
Increase Decrease In Lease Termination Abandonment Payable
IncreaseDecreaseInLeaseTerminationAbandonmentPayable
|
185000 | ||
sgnl |
Increase Decrease In Lease Termination Abandonment Payable
IncreaseDecreaseInLeaseTerminationAbandonmentPayable
|
243000 | ||
CY2015Q2 | sgnl |
Lease Termination Abandonment Payable Current
LeaseTerminationAbandonmentPayableCurrent
|
63000 | |
CY2014Q4 | sgnl |
Lease Termination Abandonment Payable Current
LeaseTerminationAbandonmentPayableCurrent
|
248000 | |
sgnl |
Number Of Major Suppliers
NumberOfMajorSuppliers
|
1 | ||
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
332000 | |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
255000 | |
CY2015Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
581000 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1088000 | |
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
477000 | |
CY2014Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
361000 | |
CY2015Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
645000 | |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
555000 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
12593000 | |
CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
8800000 | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1420000 | ||
CY2015Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
712000 | |
CY2014Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2875000 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1420000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2875000 | ||
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
7000 | |
CY2014Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | |
CY2015Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
886401000 | |
CY2014Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100588000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
853186000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
50294000 | ||
CY2015Q2 | us-gaap |
Assets
Assets
|
13094000 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
8089000 | |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
11859000 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
6785000 | |
CY2015Q2 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
128000 | |
CY2014Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
164000 | |
CY2015Q2 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
43000 | |
CY2015Q2 | us-gaap |
Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
|
7000 | |
CY2015Q2 | us-gaap |
Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
|
86000 | |
CY2014Q4 | us-gaap |
Cash
Cash
|
5119000 | |
CY2013Q4 | us-gaap |
Cash
Cash
|
209000 | |
CY2015Q2 | us-gaap |
Cash
Cash
|
10448000 | |
CY2014Q2 | us-gaap |
Cash
Cash
|
7696000 | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
5329000 | ||
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
7487000 | ||
CY2015Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3.50 | |
CY2015Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
160714 | |
CY2015Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
203214 | |
CY2015Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2015Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
1936740 | |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7845530 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3782629 | |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7845530 | |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
3782629 | |
CY2015Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
78000 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
38000 | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-size: 10pt; margin: 0 0 6pt"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Concentration of Credit Risk, Major Customers and Suppliers</div></div></div><div style=" font-size: 10pt; text-indent: 0.25in; margin: 0 0 6pt">Cash is maintained at two financial institutions and, at times, balances may exceed federally insured limits. The Company has not experienced any losses related to these balances.</div><div style=" font-size: 10pt; text-indent: 0.25in; margin: 0 0 6pt">During the three and six months ended June 30, 2015 and 2014, the Company had one major customer, UAMS. Revenue sourced either from or through UAMS accounted for 72% and 83% of net revenue during the three months ended June 30, 2015 and 2014, respectively, and 75% and 81% during the six months ended June 30, 2015 and 2014, respectively. Accounts receivable sourced either from or through UAMS at June 30, 2015 and December 31, 2014 accounted for 55% and 63% of total accounts receivable outstanding, respectively.</div><div style=" font-size: 10pt; text-indent: 0.25in; margin: 0 0 6pt">Inventory used in the Company’s testing process is procured from one supplier. Any supply interruption or an increase in demand beyond such supplier’s capabilities could have an adverse impact on the Company’s business. Management believes it could identify alternative suppliers, if necessary, but it is possible such suppliers may not be identified in a timely manner to avoid an adverse impact on the Company’s business.</div></div></div></div></div></div></div></div></div></div></div> | ||
CY2015Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
678000 | |
CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
954000 | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1439000 | ||
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1685000 | ||
CY2014Q2 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
27300000 | |
CY2014Q4 | us-gaap |
Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
|
47000 | |
CY2015Q2 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
||
CY2014Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
47000 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
90000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
72000 | ||
CY2015Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
||
CY2014Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
1045000 | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.33 | |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-4.73 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.77 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-8.92 | ||
CY2015Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
407000 | |
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
257000 | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
|
0 | ||
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
179000 | |
us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
-46000 | ||
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1778000 | |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2937000 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3740000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3363000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
233000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
78000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-507000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
365000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
357000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-164000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-105000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
25000 | ||
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
72000 | |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
478000 | |
us-gaap |
Interest Expense
InterestExpense
|
94000 | ||
us-gaap |
Interest Expense
InterestExpense
|
1017000 | ||
CY2015Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
28000 | |
CY2014Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
||
CY2015Q2 | us-gaap |
Inventory Net
InventoryNet
|
536000 | |
CY2015Q1 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
198000 | |
CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13094000 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8089000 | |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2075000 | |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1989000 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8692000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7876000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-68000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3295000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-385000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5196000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3995000 | ||
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2562000 | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3289000 | |
CY2015Q2 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
1105000 | |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2811000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5102000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2978000 | ||
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2490000 | |
us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
-346000 | ||
CY2014Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
||
CY2015Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3224000 | |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
4085000 | |
us-gaap |
Operating Expenses
OperatingExpenses
|
6480000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
5342000 | ||
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
62000 | |
CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
98000 | |
CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
80000 | |
CY2015Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
76000 | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
109000 | |
CY2015Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
42000 | |
CY2015Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1200000 | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
346000 | ||
CY2014Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
88000 | ||
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
1008000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
|||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
68000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4000 | ||
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2015Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
294000 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
399000 | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-size: 10pt; margin: 3.3pt 3.3pt 3.3pt 0"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Reclassifications</div></div></div><div style=" font-size: 10pt; text-indent: 0.25in; margin: 0 0 6pt">Reclassifications of certain operating expenses in the consolidated statement of operations have been made as of and during the three and six months ended June 30, 2014 to conform to the 2015 presentation.</div></div></div></div></div></div></div></div></div></div></div> | ||
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7800000 | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9074000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7113000 | ||
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
795000 | ||
CY2015Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1837000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1769000 | |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1192000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1214000 | |
CY2015Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4000 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
28000 | ||
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | ||
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
36000 | ||
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
32000 | ||
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
194000 | |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
128000 | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
293000 | ||
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
162000 | ||
us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
366474 | ||
CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11836000 | |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
1457000 | |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
1621000 | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1378000 | ||
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2364000 | ||
us-gaap |
Revenues
Revenues
|
2754000 | ||
us-gaap |
Revenues
Revenues
|
3105000 | ||
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6640000 | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
734000 | |
CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1274000 | |
CY2015Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
43000 | |
CY2014Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
43000 | |
CY2015Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
574000 | |
CY2014Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
66000 | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
1008000 | ||
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
132000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1420000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2875000 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1157240 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
5500 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
32500 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2000 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
179000 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
152000 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.53 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.17 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
2000 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
179000 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
4.17 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
3.37 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.35 | ||
us-gaap |
Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
|
330000 | ||
CY2015Q1 | us-gaap |
Share Price
SharePrice
|
2.80 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y73D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P3Y73D | ||
CY2014Q2 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
2932629 | |
CY2015Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3214285 | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3696427 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8744000 | ||
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5991000 | |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10943000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-size: 10pt; margin: 0 0 6pt"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of Estimates</div></div></div><div style=" font-size: 10pt; text-indent: 0.25in; margin: 0 0 6pt">The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make judgments, assumptions and estimates that affect the amounts reported in the Company’s consolidated financial statements and accompanying notes. Significant estimates in the consolidated financial statements have been made for revenue, depreciation of property and equipment and stock-based compensation. Actual results could differ materially from those estimates.</div></div></div></div></div></div></div></div></div></div></div> | ||
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7785670 | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
695454 | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6789376 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
447727 |