10-Q Filing

ALT5 Sigma Corp CIK: 862861 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0000862861-15-000026`
Period End Date	20150331
Filing Date	20150527
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	arci-20150404.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 48 Cash Flow Statement 58

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$106.00K	USD	Point-in-time
Other Liabilities, Noncurrent	`OtherLiabilitiesNoncurrent`	$331.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$104.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	-	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$-31.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$-31.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	-	USD	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common Stock, issued shares (in shares)	`CommonStockSharesIssued`	5.79M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Common Stock, issued shares (in shares)	`CommonStockSharesIssued`	5.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.95M	USD	Point-in-time
Accounts receivable, net of allowance of $43 and $27, respectively	`AccountsReceivableNetCurrent`	$10.95M	USD	Point-in-time
Common Stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	5.80M	shares	Point-in-time
Accounts receivable, net of allowance of $43 and $27, respectively	`AccountsReceivableNetCurrent`	$9.42M	USD	Point-in-time
Common Stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	5.79M	shares	Point-in-time
Inventories, net of reserves of $227 and $175, respectively	`InventoryNet`	$16.11M	USD	Point-in-time
Inventories, net of reserves of $227 and $175, respectively	`InventoryNet`	$16.05M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$1.18M	USD	Point-in-time
Income taxes receivable	`IncomeTaxReceivable`	$709.00K	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.10M	USD	Point-in-time
Other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$914.00K	USD	Point-in-time
Deferred income tax assets	`PrepaidExpenseCurrent`	$2.08M	USD	Point-in-time
Deferred income tax assets	`PrepaidExpenseCurrent`	$2.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.48M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.20M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.76M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$657.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$708.00K	USD	Point-in-time
Deferred income tax assets	`DeferredTaxAssetsNetNoncurrent`	$14.00K	USD	Point-in-time
Deferred income tax assets	`DeferredTaxAssetsNetNoncurrent`	$14.00K	USD	Point-in-time
Total assets	`Assets`	$46.09M	USD	Point-in-time
Total assets	`Assets`	$46.96M	USD	Point-in-time
Total assets	`Assets`	$45.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.05M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$7.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.13M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$8.27M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$9.24M	USD	Point-in-time
Current maturities of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$2.32M	USD	Point-in-time
Current maturities of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.46M	USD	Point-in-time
Long-term obligations, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$4.04M	USD	Point-in-time
Long-term obligations, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$5.12M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$1.05M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$1.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$31.42M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, no par value; 10,000 shares authorized; issued and outstanding: 5,581 shares and 5,571 shares, respectively	`CommonStockValue`	$21.14M	USD	Point-in-time
Common Stock, no par value; 10,000 shares authorized; issued and outstanding: 5,581 shares and 5,571 shares, respectively	`CommonStockValue`	$21.22M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.56M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-675.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-793.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$11.87M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$13.60M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.65M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.94M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$13.52M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.54M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$46.96M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$45.40M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Retail	`SalesRevenueGoodsNet`	$16.60M	USD	1 Quarter
Retail	`SalesRevenueGoodsNet`	$17.10M	USD	1 Quarter
Recycling	`RecyclingRevenue`	$11.68M	USD	1 Quarter
Recycling	`RecyclingRevenue`	$7.82M	USD	1 Quarter
Byproduct	`ByproductRevenue`	$2.62M	USD	1 Quarter
Byproduct	`ByproductRevenue`	$4.82M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$27.54M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$33.11M	USD	1 Quarter
Costs of revenues	`CostOfGoodsAndServicesSold`	$21.67M	USD	1 Quarter
Costs of revenues	`CostOfGoodsAndServicesSold`	$24.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$9.06M	USD	1 Quarter
Gross profit	`GrossProfit`	$5.87M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.87M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.69M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$-2.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$321.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$261.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-31.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-149.00K	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.39M	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.47M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$-485.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$529.00K	USD	1 Quarter
Net income	`ProfitLoss`	$865.00K	USD	1 Quarter
Net income	`ProfitLoss`	$-1.99M	USD	1 Quarter
Net loss (income) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-285.00K	USD	1 Quarter
Net loss (income) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$137.00K	USD	1 Quarter
Net income attributable to controlling interest	`NetIncomeLossAvailableToCommonStockholdersBasic`	$728.00K	USD	1 Quarter
Net income attributable to controlling interest	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.58M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.79M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.85M	shares	1 Quarter
Effect of foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-118.00K	USD	1 Quarter
Effect of foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-96.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-96.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-118.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$769.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.10M	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$137.00K	USD	1 Quarter
Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-285.00K	USD	1 Quarter
Comprehensive income attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$632.00K	USD	1 Quarter
Comprehensive income attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$-1.82M	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$865.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$334.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$330.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$47.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$63.00K	USD	1 Quarter
Amortization of deferred gain	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$122.00K	USD	1 Quarter
Amortization of deferred gain	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	-	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$27.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$28.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$5.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$160.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.06M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.54M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-447.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-68.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidExpense`	$-182.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidExpense`	$444.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.32M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-470.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$587.00K	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.63M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.07M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$56.00K	USD	1 Quarter
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	1 Quarter
Proceeds from Sale of Property, Plant, and Equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-77.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-44.00K	USD	1 Quarter
Net payments under line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-967.00K	USD	1 Quarter
Net payments under line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-1.32M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$220.00K	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$254.00K	USD	1 Quarter
Proceeds from issuance of debt obligations	`ProceedsFromOtherDebt`	$325.00K	USD	1 Quarter
Proceeds from issuance of debt obligations	`ProceedsFromOtherDebt`	-	USD	1 Quarter
Proceeds from issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$24.00K	USD	1 Quarter
Proceeds from issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$24.00K	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.55M	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-838.00K	USD	1 Quarter
Effect of changes in exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-120.00K	USD	1 Quarter
Effect of changes in exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-80.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$35.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$950.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.90M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.56M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.56M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.95M	USD	Point-in-time
Cash payments for interest	`InterestPaid`	$165.00K	USD	1 Quarter
Cash payments for interest	`InterestPaid`	$213.00K	USD	1 Quarter
Cash payments for income taxes, net of refunds	`IncomeTaxesPaidNet`	$103.00K	USD	1 Quarter
Cash payments for income taxes, net of refunds	`IncomeTaxesPaidNet`	$8.00K	USD	1 Quarter
Equipment acquired under capital lease and other financing obligations	`CapitalLeaseObligationsIncurred`	-	USD	1 Quarter
Equipment acquired under capital lease and other financing obligations	`CapitalLeaseObligationsIncurred`	$100.00K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.