10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001019687-13-004029 |
| Period End Date | 20130930 |
| Filing Date | 20131031 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | ltrx-20130930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$10.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.60M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$2.78M | USD | Point-in-time |
| Contract manufacturers' receivable |
NontradeReceivables
|
$329.00K | USD | Point-in-time |
| Contract manufacturers' receivable |
NontradeReceivables
|
$607.00K | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$8.74M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$8.53M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$339.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$431.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$17.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$17.62M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.69M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.63M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.49M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.49M | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$476.00K | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$476.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$87.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$87.00K | USD | Point-in-time |
| Total assets |
Assets
|
$29.36M | USD | Point-in-time |
| Total assets |
Assets
|
$29.48M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.16M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.87M | USD | Point-in-time |
| Accrued payroll and related expenses |
EmployeeRelatedLiabilitiesCurrent
|
$1.52M | USD | Point-in-time |
| Accrued payroll and related expenses |
EmployeeRelatedLiabilitiesCurrent
|
$1.70M | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$175.00K | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$232.00K | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$193.00K | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$167.00K | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$476.00K | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$476.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.88M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.78M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$9.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$9.29M | USD | Point-in-time |
| Long-term capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
$54.00K | USD | Point-in-time |
| Long-term capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
$41.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$233.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$249.00K | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$303.00K | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$274.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.40M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.56M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$204.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$203.87M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-184.55M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-184.29M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$371.00K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$371.00K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$19.96M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$19.92M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$29.48M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$29.36M | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
SalesRevenueNet
|
$11.20M | USD | 1 Quarter |
| Net revenue |
SalesRevenueNet
|
$10.88M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$5.73M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$5.49M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.39M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.47M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$3.95M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$4.27M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.68M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.61M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$5.88M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$5.63M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-239.00K | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-405.00K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$9.00K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$15.00K | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-6.00K | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$5.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-415.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-254.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$15.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$13.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-267.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-430.00K | USD | 1 Quarter |
| Net loss per share (basic and diluted) |
EarningsPerShareBasicAndDiluted
|
$-0.03 | USD | 1 Quarter |
| Net loss per share (basic and diluted) |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Weighted-average shares (basic and diluted) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14,580.00 | shares | 1 Quarter |
| Weighted-average shares (basic and diluted) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14,558.00 | shares | 1 Quarter |
| Net revenue from related parties |
RevenueFromRelatedParties
|
$292.00K | USD | 1 Quarter |
| Net revenue from related parties |
RevenueFromRelatedParties
|
$193.00K | USD | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-267.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-430.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$231.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$231.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$229.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$218.00K | USD | 1 Quarter |
| Provision for excess and obsolete inventories |
InventoryWriteDown
|
$-3.00K | USD | 1 Quarter |
| Provision for excess and obsolete inventories |
InventoryWriteDown
|
$74.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$437.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-179.00K | USD | 1 Quarter |
| Contract manufacturers' receivable |
IncreaseDecreaseNontradeReceivables
|
$-34.00K | USD | 1 Quarter |
| Contract manufacturers' receivable |
IncreaseDecreaseNontradeReceivables
|
$278.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$140.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.69M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-169.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$92.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
- | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$240.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.25M | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInAccruedSalaries
|
$180.00K | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInAccruedSalaries
|
$-692.00K | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$-23.00K | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$-18.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-115.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$418.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-492.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$885.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$118.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$140.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-118.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-140.00K | USD | 1 Quarter |
| Payment of term loan |
RepaymentsOfBankDebt
|
$167.00K | USD | 1 Quarter |
| Payment of term loan |
RepaymentsOfBankDebt
|
$167.00K | USD | 1 Quarter |
| Minimum tax withholding paid on behalf of employees for restricted shares |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
- | USD | 1 Quarter |
| Minimum tax withholding paid on behalf of employees for restricted shares |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$26.00K | USD | 1 Quarter |
| Payment of capital lease obligations |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$12.00K | USD | 1 Quarter |
| Payment of capital lease obligations |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$23.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-216.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-179.00K | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$588.00K | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-848.00K | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.37M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$10.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.37M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$10.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.