2017 Q2 Form 10-Q Financial Statement

#000114420417041661 Filed on August 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q4 2016 Q2
Revenue $3.897M $3.336M $2.828M
YoY Change 37.82% 13.79% 22.57%
Cost Of Revenue $4.062M $3.560M $2.969M
YoY Change 36.84% 21.92% 14.16%
Gross Profit -$165.1K -$227.8K -$140.9K
YoY Change 17.13% -2210.37% -51.99%
Gross Profit Margin -4.24% -6.83% -4.98%
Selling, General & Admin $2.073M $1.740M $1.973M
YoY Change 5.06% -13.43% 24.25%
% of Gross Profit
Research & Development $813.3K $540.0K $509.9K
YoY Change 59.49% -16.92% 79.81%
% of Gross Profit
Depreciation & Amortization $88.46K $220.0K $81.07K
YoY Change 9.12% 10.0% 3.1%
% of Gross Profit
Operating Expenses $3.117M $2.510M $2.690M
YoY Change 15.89% -11.62% 30.59%
Operating Profit -$3.283M -$2.733M -$2.831M
YoY Change 15.96% -3.44% 20.63%
Interest Expense $7.641K -$10.00K $9.322K
YoY Change -18.03% -50.0% -32.22%
% of Operating Profit
Other Income/Expense, Net -$73.10K -$30.00K -$71.52K
YoY Change 2.2% -106.72%
Pretax Income -$3.356M -$2.750M -$2.902M
YoY Change 15.62% -3.85% 125.22%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.356M -$2.747M -$2.902M
YoY Change 15.62% -4.12% 125.22%
Net Earnings / Revenue -86.1% -82.34% -102.64%
Basic Earnings Per Share
Diluted Earnings Per Share -$36.69K -$30.94K -$38.15K
COMMON SHARES
Basic Shares Outstanding 91.58M shares 90.70M shares 76.02M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2016 Q4 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.48M $13.47M $2.840M
YoY Change 339.44% 258.24% -65.37%
Cash & Equivalents $12.48M $13.47M
Short-Term Investments
Other Short-Term Assets $550.0K $200.0K $720.0K
YoY Change -23.61% -71.83% 56.52%
Inventory $4.290M $3.093M $3.147M
Prepaid Expenses
Receivables $720.0K $40.99K $105.7K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $18.04M $16.80M $6.811M
YoY Change 164.88% 132.4% -43.85%
LONG-TERM ASSETS
Property, Plant & Equipment $2.272M $2.435M $2.415M
YoY Change -5.92% -4.74% -11.09%
Goodwill
YoY Change
Intangibles $7.444M $7.390M $7.385M
YoY Change 0.79% 0.35% 2.49%
Long-Term Investments $1.366M $1.020M $1.081M
YoY Change 26.46% -16.55% -12.15%
Other Assets
YoY Change
Total Long-Term Assets $11.08M $10.84M $10.88M
YoY Change 1.85% -2.02% -2.4%
TOTAL ASSETS
Total Short-Term Assets $18.04M $16.80M $6.811M
Total Long-Term Assets $11.08M $10.84M $10.88M
Total Assets $29.12M $27.64M $17.69M
YoY Change 64.61% 51.08% -24.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.269M $1.340M $1.567M
YoY Change 44.74% 4.43% 59.18%
Accrued Expenses $1.500M $1.600M $1.191M
YoY Change 25.92% 18.57% 3.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $320.0K $310.0K $320.0K
YoY Change 0.0% 0.0% -3.03%
Total Short-Term Liabilities $4.087M $3.249M $3.305M
YoY Change 23.67% 2.76% 12.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $310.0K
YoY Change -100.0% -100.0% -49.18%
Other Long-Term Liabilities $140.0K $60.00K $120.0K
YoY Change 16.67% -98.06% -96.23%
Total Long-Term Liabilities $140.0K $60.00K $430.0K
YoY Change -67.44% -98.24% -88.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.087M $3.249M $3.305M
Total Long-Term Liabilities $140.0K $60.00K $430.0K
Total Liabilities $4.229M $3.308M $3.729M
YoY Change 13.39% -49.63% -44.42%
SHAREHOLDERS EQUITY
Retained Earnings -$84.12M -$78.14M -$72.71M
YoY Change 15.68% 17.4% 19.34%
Common Stock $970.00 $907.00 $760.00
YoY Change 27.63% 27.75% 7.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $24.89M $24.33M $13.96M
YoY Change
Total Liabilities & Shareholders Equity $29.12M $27.64M $17.69M
YoY Change 64.61% 51.08% -24.0%

Cashflow Statement

Concept 2017 Q2 2016 Q4 2016 Q2
OPERATING ACTIVITIES
Net Income -$3.356M -$2.747M -$2.902M
YoY Change 15.62% -4.12% 125.22%
Depreciation, Depletion And Amortization $88.46K $220.0K $81.07K
YoY Change 9.12% 10.0% 3.1%
Cash From Operating Activities -$4.350M -$1.910M -$3.090M
YoY Change 40.78% -22.36% 186.11%
INVESTING ACTIVITIES
Capital Expenditures -$100.0K -$310.0K -$100.0K
YoY Change 0.0% 181.82% -28.57%
Acquisitions
YoY Change
Other Investing Activities $0.00 $130.0K -$20.00K
YoY Change -100.0%
Cash From Investing Activities -$110.0K -$190.0K -$120.0K
YoY Change -8.33% 72.73% -14.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.210M 10.38M 0.000
YoY Change -2631.71% -100.0%
NET CHANGE
Cash From Operating Activities -4.350M -1.910M -3.090M
Cash From Investing Activities -110.0K -190.0K -120.0K
Cash From Financing Activities 6.210M 10.38M 0.000
Net Change In Cash 1.750M 8.280M -3.210M
YoY Change -154.52% -377.85% -173.79%
FREE CASH FLOW
Cash From Operating Activities -$4.350M -$1.910M -$3.090M
Capital Expenditures -$100.0K -$310.0K -$100.0K
Free Cash Flow -$4.250M -$1.600M -$2.990M
YoY Change 42.14% -31.91% 218.09%

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CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
97015911 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
90698113 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
97015911 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
90698113 shares
us-gaap Operating Expenses
OperatingExpenses
5813522 USD
us-gaap Operating Expenses
OperatingExpenses
6041967 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.97
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.64
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
684265 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1138910 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19410935 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15222300 shares
CY2016Q1 xxii Warrant Exercisable Per Share
WarrantExercisablePerShare
3.36
CY2016Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
2810000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
79000 USD
xxii Patent And Trademark Additions Included In Accrued Expenses
PatentAndTrademarkAdditionsIncludedInAccruedExpenses
0 USD
xxii Patent And Trademark Additions Included In Accrued Expenses
PatentAndTrademarkAdditionsIncludedInAccruedExpenses
30411 USD
CY2016Q2 us-gaap Depreciation
Depreciation
81067 USD
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3330312 USD
CY2017Q2 xxii Minimum Annual Royalties In Year Three
MinimumAnnualRoyaltiesInYearThree
25000 USD
CY2017Q2 xxii Minimum Annual Royalties After Year Four
MinimumAnnualRoyaltiesAfterYearFour
50000 USD
CY2017Q1 us-gaap Royalty Guarantees Commitments Amount
RoyaltyGuaranteesCommitmentsAmount
1219 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <strong><i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></strong> <strong><font style="FONT-SIZE: 10pt">-</font></strong> <font style="FONT-SIZE: 10pt"> The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q2 xxii Inventorytobacco Leaf Net
InventorytobaccoLeafNet
4638640 USD
CY2016Q4 xxii Inventorytobacco Leaf Net
InventorytobaccoLeafNet
3348309 USD
CY2017Q2 xxii Minimum Annual Royalties In Year One
MinimumAnnualRoyaltiesInYearOne
10000 USD
CY2017Q2 xxii Minimum Annua Lroyalties In Year Two
MinimumAnnuaLroyaltiesInYearTwo
15000 USD
CY2017Q2 xxii Minimum Annual Royalties In Year Four
MinimumAnnualRoyaltiesInYearFour
25000 USD
CY2017Q2 xxii Lease Payments
LeasePayments
38438 USD
xxii Lease Payments
LeasePayments
76876 USD
CY2016Q2 xxii Lease Payments
LeasePayments
36131 USD
xxii Lease Payments
LeasePayments
72262 USD
CY2016Q2 us-gaap Royalty Guarantees Commitments Amount
RoyaltyGuaranteesCommitmentsAmount
1471 USD
CY2016Q2 xxii Litigation Settlement Shares To Be Issued
LitigationSettlementSharesToBeIssued
2077555 shares
CY2016Q2 xxii Litigation Settlement Shares To Be Issued
LitigationSettlementSharesToBeIssued
2077555 shares
CY2017Q2 us-gaap Advertising Expense
AdvertisingExpense
12000 USD
us-gaap Advertising Expense
AdvertisingExpense
43000 USD
CY2016Q2 us-gaap Advertising Expense
AdvertisingExpense
27000 USD
us-gaap Advertising Expense
AdvertisingExpense
235000 USD
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
126041 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
250882 USD
CY2017Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
1985000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3544000 USD
CY2016Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
1842000 USD
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3577000 USD
CY2017Q2 us-gaap Long Term Notes And Loans
LongTermNotesAndLoans
320554 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7526 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14412 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
28824 USD
CY2016Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.2 pure
CY2017Q2 xxii Warrants Outstanding
WarrantsOutstanding
12445247 shares
xxii June Two Thousand Seventeen Warrant Exercise Agreements Disclosure
JuneTwoThousandSeventeenWarrantExerciseAgreementsDisclosure
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;size: 8.5in 11.0in"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">NOTE 2. &#150; JUNE 2017 WARRANT EXERCISE AGREEMENTS</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">&#160;</font></b></div> <font style="FONT-SIZE: 10pt"></font> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;CLEAR: both"> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">On June 19, 2017, the Company entered into Warrant Exercise Agreements (the &#8220;Agreements&#8221;) with all of the holders (the &#8220;Holders&#8221;) of outstanding warrants to purchase up to <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 7,043,211</font> shares of common stock of the Company at $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.00</font> per share and warrants to purchase up to <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 4,250,000</font> shares of common stock of the Company at $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.45</font> per share (collectively, the &#8220;Warrants&#8221;). These Warrants to purchase shares of the Company&#8217;s common stock were acquired by the Holders in registered direct offerings in October of 2016 and in July of 2016, respectively, as more fully described in Notes 3 and 4 below. The Company and the Holders agreed that the Holders would, subject to beneficial ownership limitations on exercise contained in the Warrants, exercise all the Warrants for cash. In June 2017, the Holders exercised <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 3,229,711</font> Warrants at $1.00 per share and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 2,354,948</font> Warrants at $1.45 per share, resulting in net proceeds to the Company in the amount of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6,169,212</font>, after deducting expenses associated with the transaction.</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"> <font style="FONT-SIZE: 10pt">In consideration for the Holders exercising their Warrants for cash, the Company issued to each Holder a new warrant (the &#8220;New Warrants&#8221;) to purchase shares of common stock of the Company equal to the number of shares of common stock received by each Holder upon the cash exercise of the Holder&#8217;s Warrants. The terms of the New Warrants are substantially similar to the terms of the Warrants exercised, except the New Warrants (i) have an exercise price equal to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2.15</font> per share and (ii) <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">are exercisable six months from the date of issuance of the New Warrants for a period of five (5) years.</font> Accordingly, the Company issued <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 5,584,659</font> New Warrants to the Holders on June 20, 2017, upon exercise of the Holder&#8217;s Warrants as described above. The New Warrants had a fair value of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6,913,808</font> at&#160;issuance and have been recorded as an adjustment to&#160;capital in excess of par. As described in Note 16, additional Warrants were exercised in July and August of 2017&#160;for cash, for a total of <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 5,708,552</font>&#160;Warrants exercised,&#160;generating net proceeds of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">6,167,646</font>,&#160;and the Company issued <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 5,708,552</font> New Warrants.</font></div> </div> </div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
xxii Number Of Warrants Exercised
NumberOfWarrantsExercised
5657159 shares
CY2017Q1 xxii Number Of Warrants Exercised
NumberOfWarrantsExercised
202500 shares
CY2017Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
100928 shares
CY2017Q1 xxii Warrants Expired And Unexercised
WarrantsExpiredAndUnexercised
172730 shares
CY2016Q1 xxii Number Of Warrants Exercised
NumberOfWarrantsExercised
67042 shares
CY2016Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2618 shares
CY2016Q1 xxii Warrants Expired And Unexercised
WarrantsExpiredAndUnexercised
6831115 shares
CY2016Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
4250000 shares
CY2017Q2 xxii Minimum Royalty Fee Payments Due In Year Four
MinimumRoyaltyFeePaymentsDueInYearFour
31709 USD
CY2018Q4 xxii Minimum Annual Royalties In Year Three
MinimumAnnualRoyaltiesInYearThree
4866 USD
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3897206 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2827658 USD
CY2017Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
4062261 USD
CY2016Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2968571 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
-165055 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
-140913 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
813287 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
509928 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1805118 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1721775 USD
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
267591 USD
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
251106 USD
CY2017Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
77583 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
82927 USD
CY2016Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
9468 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
61597 USD
CY2017Q2 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
143010 USD
CY2016Q2 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
126041 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
3117470 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
2689917 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3282525 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2830830 USD
CY2017Q2 xxii Gain Loss From Warrant Liability
GainLossFromWarrantLiability
-77583 USD
CY2016Q2 xxii Gain Loss From Warrant Liability
GainLossFromWarrantLiability
-9468 USD
CY2017Q2 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
CY2016Q2 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-54839 USD
CY2017Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
12125 USD
CY2016Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
2105 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
7641 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
9322 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-73099 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-71524 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3355624 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 USD
xxii Inventory Reserve Adjustments
InventoryReserveAdjustments
-95000 USD
xxii Inventory Reserve Adjustments
InventoryReserveAdjustments
0 USD
xxii Reclassification Of Warrants Liability To Capital In Excess Of Par Value
ReclassificationOfWarrantsLiabilityToCapitalInExcessOfParValue
2810000 USD
xxii Reclassification Of Warrants Liability To Capital In Excess Of Par Value
ReclassificationOfWarrantsLiabilityToCapitalInExcessOfParValue
0 USD
CY2015Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
16634778 shares

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