10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001019687-14-004003 |
| Period End Date | 20140930 |
| Filing Date | 20141031 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | ltrx-20140930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.28M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$3.54M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$3.63M | USD | Point-in-time |
| Contract manufacturers' receivable |
NontradeReceivables
|
$359.00K | USD | Point-in-time |
| Contract manufacturers' receivable |
NontradeReceivables
|
$581.00K | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$8.54M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$8.40M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$524.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$356.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$19.18M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$19.31M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.49M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.49M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.49M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$9.49M | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$400.00K | USD | Point-in-time |
| Deferred tax assets |
DeferredTaxAssetsNetNoncurrent
|
$400.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$104.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$125.00K | USD | Point-in-time |
| Total assets |
Assets
|
$30.79M | USD | Point-in-time |
| Total assets |
Assets
|
$30.68M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.55M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$4.98M | USD | Point-in-time |
| Accrued payroll and related expenses |
EmployeeRelatedLiabilitiesCurrent
|
$1.86M | USD | Point-in-time |
| Accrued payroll and related expenses |
EmployeeRelatedLiabilitiesCurrent
|
$1.82M | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$193.00K | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$120.00K | USD | Point-in-time |
| Warranty reserve |
ProductWarrantyAccrualClassifiedCurrent
|
$150.00K | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$400.00K | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$400.00K | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.21M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$3.42M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$10.38M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$10.53M | USD | Point-in-time |
| Long-term capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
$7.00K | USD | Point-in-time |
| Long-term capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
- | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$131.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$98.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$10.63M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$10.52M | 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
|
$205.27M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$205.01M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-185.22M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-185.48M | 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
|
$20.16M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$20.17M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$30.79M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$30.68M | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenue |
SalesRevenueNet
|
$11.54M | USD | 1 Quarter |
| Net revenue |
SalesRevenueNet
|
$10.88M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$5.94M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$5.49M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.39M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$3.95M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$4.08M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.74M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$1.68M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$5.82M | 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
|
$-220.00K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$5.00K | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$9.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-6.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-21.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-254.00K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-246.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$16.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$13.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-262.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-267.00K | USD | 1 Quarter |
| Net loss per share (basic and diluted) |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Net loss per share (basic and diluted) |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Weighted-average common shares (basic and diluted) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14.79M | shares | 1 Quarter |
| Weighted-average common shares (basic and diluted) |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
14.58M | shares | 1 Quarter |
| Net revenue from related parties |
RevenueFromRelatedParties
|
$79.00K | USD | 1 Quarter |
| Net revenue from related parties |
RevenueFromRelatedParties
|
$193.00K | USD | 1 Quarter |
Cash Flow Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-262.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-267.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$255.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$231.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$229.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$229.00K | USD | 1 Quarter |
| Provision for excess and obsolete inventories |
InventoryWriteDown
|
$74.00K | USD | 1 Quarter |
| Provision for excess and obsolete inventories |
InventoryWriteDown
|
$47.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-179.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$88.00K | USD | 1 Quarter |
| Contract manufacturers' receivable |
IncreaseDecreaseNontradeReceivables
|
$-222.00K | USD | 1 Quarter |
| Contract manufacturers' receivable |
IncreaseDecreaseNontradeReceivables
|
$278.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-188.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$140.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$92.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$168.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
- | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$17.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$240.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$390.00K | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInAccruedSalaries
|
$180.00K | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInAccruedSalaries
|
$-40.00K | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$-30.00K | USD | 1 Quarter |
| Warranty reserve |
ProductWarrantyAccrualPeriodIncreaseDecrease
|
$-18.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-240.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-115.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$212.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$885.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$181.00K | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$118.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-181.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-118.00K | USD | 1 Quarter |
| Payment of term loan |
RepaymentsOfBankDebt
|
$167.00K | USD | 1 Quarter |
| Payment of term loan |
RepaymentsOfBankDebt
|
- | USD | 1 Quarter |
| Payment of capital lease obligations |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$12.00K | USD | 1 Quarter |
| Payment of capital lease obligations |
RepaymentsOfDebtAndCapitalLeaseObligations
|
$12.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-179.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-12.00K | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$19.00K | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$588.00K | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.28M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.26M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.28M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.24M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$6.26M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.83M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.