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Customize Items
$2.55M
Revenue
$-457.29K
Net Income
75.30%
Gross Margin
-
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 4 annual reports available (2011 - 2014)
Breakdown TTM
(Dec 31, 2014)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
+ Total Revenue $2.55M $4.48M $62.73K $58.06K $209.43K
Revenue Growth % -43.0% 7044.5% 8.1% -72.3% nan%
Cost of Revenue $630.52K $1.42M $44.80K $35.60K $116.82K
+ Gross Profit $1.92M $3.06M $17.93K $22.46K $92.61K
Gross Margin % 75.3% 68.2% 28.6% 38.7% 44.2%
Operating Expenses $2.22M $3.80M $63.81K $168.87K $151.73K
+ Operating Income - - - - $-59.12K
Operating Margin % nan% nan% nan% nan% -28.2%
Interest Expense - $64.46K $14.14K $10.47K $-3.47K
Other Income/Expense - $-64.46K $-14.14K $-89.31K -
+ Net Income $-457.29K $-804.83K $-60.02K $-235.71K $-62.58K
Net Margin % -17.9% -18.0% -95.7% -406.0% -29.9%
Basic EPS nan nan nan 0.00 0.00
Basic Shares Outstanding - - - - 174.4M
Diluted Shares Outstanding - - - 267.5M 174.4M
Breakdown FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Cash & Cash Equivalents $413.23K $48.18K - $4.12K
Accounts Receivable $257.99K $104.86K - $19.03K
Inventory $1.01M $149.73K - $45.10K
Other Current Assets $1.42M - - $3.65K
Total Current Assets $3.10M - - $92.04K
Property Plant & Equipment - $1.00K $3.00K $5.00K
Total Assets $3.19M $1.00K $3.00K $97.04K
Accounts Payable $63.83K - - -
Accrued Liabilities $245.75K $139.63K $82.20K $39.58K
Total Current Liabilities $3.55M $290.22K $233.20K $115.58K
Total Liabilities $3.55M $290.22K $233.20K $115.58K
Common Stock $927.97K $270.02K $270.02K $262.04K
Retained Earnings $-481.39K $-1.57M $-1.51M $-61.80K
Total Stockholders Equity $-361.57K $-289.22K $-230.20K $-18.54K
Total Liabilities & Equity $3.19M $1.00K $3.00K $97.04K
Breakdown TTM
(Dec 31, 2014)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
Net Income $-864.85K $-804.83K $-60.02K $-235.71K $-62.58K
Depreciation & Amortization - - - $2.00K $2.00K
Change in Receivables - $-153.13K - $19.03K $-16.45K
Change in Inventory - $-856.95K - $45.10K $-45.10K
Change in Payables - $63.83K - $42.62K -
Operating Cash Flow - $-2.19M - $-28.58K $-54.84K
Capital Expenditure - $59.52K $6.37K - -
Investing Cash Flow - $-59.52K - - -
Stock Issued - - - - $22.00K
Financing Cash Flow - $2.56M - $24.45K $51.88K
Net Change in Cash - - - - $-2.96K
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 $1.31M $760.48K $3.30M $855.20K
Cost of Revenue $429.99K $450.20K $1.27M $450.20K
Gross Profit $877.54K $310.27K $2.03M $405.00K
Operating Expenses $1.06M $180.61K $2.66M $239.99K
Operating Income $-183.98K $129.67K $-626.30K $165.01K
Interest Expense - - - -
Other Income/Expense - - $64.46K $92.33K
Net Income $-183.98K $129.67K $-561.84K $257.35K
Basic EPS nan 1297.00 nan 2573.00
Basic Shares Outstanding $338.96M $100.00 $306.78M $100.00
Condensed Consolidated Balance Sheets
Description Sep 30, 2014 Dec 31, 2013
Cash & Cash Equivalents $859.06K $48.18K
Accounts Receivable $955.09K $104.86K
Inventory $564.22K $149.73K
Other Current Assets $788.71K $358.48K
Total Current Assets $3.56M $944.12K
Property Plant & Equipment $18.37K $16.05K
Intangible Assets - $975.00
Total Assets $3.63M $1.05M
Accounts Payable $176.29K -
Accrued Liabilities $115.33K -
Total Current Liabilities $4.16M $855.01K
Total Liabilities $4.16M $855.01K
Common Stock $429.83K $270.02K
Retained Earnings $-748.78K $-186.94K
Total Stockholders Equity $-534.40K $194.04K
Total Liabilities & Equity $3.63M $1.05M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2014 Sep 30, 2014
Current Prior Year Current YTD Prior Year YTD
Net Income $-183.98K $129.67K $-561.84K $257.35K
Depreciation & Amortization - - $2.52K -
Change in Receivables - - $-850.23K -
Change in Inventory - - $-414.49K $188.16K
Change in Payables - - $176.29K $-77.92K
Operating Cash Flow - - $-1.44M $153.88K
Capital Expenditure - - $59.94K -
Investing Cash Flow - - $-59.94K -
Financing Cash Flow - - $2.31M $11.97K

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.

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