$6.25M
Revenue
$-18.53M
Net Income
52.15%
Gross Margin
-57.66%
Op. Margin
-
Free Cash Flow
| Breakdown | TTM (Sep 30, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|
| Total Revenue | $6.25M | $8.01M | $9.75M | $8.68M |
| Revenue Growth % | -22.0% | -17.9% | 12.3% | nan% |
| Cost of Revenue | $2.99M | $4.24M | $5.36M | $4.70M |
| Gross Profit | $3.26M | $3.77M | $4.40M | $3.98M |
| Gross Margin % | 52.2% | 47.0% | 45.1% | 45.9% |
| Operating Income | $-3.60M | $-4.83M | $-4.97M | $-4.01M |
| Operating Margin % | -57.7% | -60.3% | -50.9% | -46.1% |
| Interest Expense | $54.69K | $52.16K | $17.83K | - |
| Interest Income | $1.60K | $1.56K | $3.01K | $32.09K |
| Income Before Tax | $-16.94M | $-18.10M | $-3.82M | $1.20M |
| Income Tax Expense | - | $1.36M | $-717.87K | $-585.16K |
| Net Income | $-18.53M | $-19.46M | $-3.10M | $1.79M |
| Net Margin % | -296.5% | -243.0% | -31.8% | 20.6% |
| Basic EPS | -0.99 | -1.05 | -0.17 | 0.10 |
| Diluted EPS | -0.78 | -0.83 | -0.13 | 0.08 |
| Basic Shares Outstanding | 18.5M | 18.5M | 18.5M | 18.5M |
| Diluted Shares Outstanding | 23.3M | 23.3M | 23.3M | 23.3M |
| Breakdown | FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|
| Cash & Cash Equivalents | $442.01K | $352.46K | $1.55M |
| Accounts Receivable | $7.49M | $8.60M | $6.88M |
| Inventory | $3.46M | $3.34M | $2.76M |
| Total Current Assets | $14.32M | $16.56M | $14.42M |
| Property Plant & Equipment | $2.83M | $5.28M | $6.86M |
| Intangible Assets | $5.99M | $12.76M | $14.64M |
| Total Assets | $23.53M | $38.16M | $39.45M |
| Accounts Payable | $1.72M | $1.21M | $622.00K |
| Accrued Liabilities | $2.46M | $1.06M | $627.21K |
| Total Current Liabilities | $9.57M | $5.71M | $3.10M |
| Total Liabilities | $9.57M | $5.71M | $4.27M |
| Common Stock | - | - | $2.00 |
| Total Stockholders Equity | $13.96M | $32.45M | $35.18M |
| Total Liabilities & Equity | $23.53M | $38.16M | $39.45M |
| Breakdown | TTM (Sep 30, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|
| Net Income | $-19.34M | $-19.46M | $-3.10M | $1.79M |
| Change in Receivables | $-273.32K | $1.73M | $1.65M | $-2.42M |
| Change in Inventory | $365.68K | $248.46K | $710.54K | $1.31M |
| Change in Payables | $-304.72K | $459.00K | $583.77K | $263.04K |
| Operating Cash Flow | - | - | - | $-5.40M |
| Capital Expenditure | $61.98K | $91.47K | $127.23K | $557.72K |
| Investing Cash Flow | - | - | - | $-3.02M |
| Financing Cash Flow | $683.34K | $-129.22K | $697.54K | $-303.41K |
| Net Change in Cash | $-483.66K | $-404.30K | $-1.73M | $-8.72M |
SEC Filing Format - Data shown as it appears in the Q3 2014 (10-Q) filing
Period ended: Sep 30, 2014
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2014 | Sep 30, 2014 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $1.62M | $2.12M | $4.06M | $5.82M |
| Cost of Revenue | $665.10K | $837.65K | $1.74M | $3.00M |
| Gross Profit | $956.07K | $1.28M | $2.31M | $2.82M |
| Operating Income | $-931.44K | $-823.34K | $-2.35M | $-3.57M |
| Interest Expense | $10.13K | $14.80K | $43.50K | $41.02K |
| Interest Income | $231.00 | $312.00 | $1.28K | $1.35K |
| Income Before Tax | $-979.92K | $-847.57K | $-2.46M | $-3.62M |
| Income Tax Expense | $27.21K | $-124.12K | $109.33K | $-122.36K |
| Net Income | $-1.01M | $-723.45K | $-2.57M | $-3.50M |
| Basic EPS | -0.05 | -0.04 | -0.14 | -0.19 |
| Diluted EPS | -0.04 | -0.03 | -0.11 | -0.15 |
| Basic Shares Outstanding | $18.50M | $18.50M | $18.50M | $18.50M |
| Diluted Shares Outstanding | $23.31M | $23.31M | $23.31M | $23.31M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2014 | Dec 31, 2013 |
|---|---|---|
| Cash & Cash Equivalents | $112.13K | $442.01K |
| Accounts Receivable | $6.33M | $7.49M |
| Inventory | $4.47M | $3.46M |
| Total Current Assets | $14.33M | $14.32M |
| Property Plant & Equipment | $2.27M | $2.83M |
| Intangible Assets | $5.05M | $5.99M |
| Total Assets | $21.77M | $23.53M |
| Accounts Payable | $1.50M | $1.72M |
| Accrued Liabilities | $2.85M | $2.46M |
| Total Current Liabilities | $10.00M | $9.57M |
| Total Liabilities | $10.00M | $9.57M |
| Total Stockholders Equity | $11.77M | $13.96M |
| Total Liabilities & Equity | $21.77M | $23.53M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2014 | Sep 30, 2014 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.01M | $-723.45K | $-2.57M | $-3.50M |
| Change in Receivables | - | - | $-1.09M | $740.37K |
| Change in Inventory | - | - | $505.48K | $910.29K |
| Change in Payables | - | - | $-198.47K | $1.06M |
| Capital Expenditure | - | - | $16.56K | $63.64K |
| Financing Cash Flow | - | - | $65.06K | $-96.50K |
| Net Change in Cash | - | - | $-478.44K | $-189.65K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.