10-Q Filing

ALT5 Sigma Corp CIK: 862861 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-035630`
Period End Date	20120331
Filing Date	20120510
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	arci-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 50 Cash Flow Statement 58

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.00K	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$54.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$85.00K	USD	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Common Stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Common Stock, issued shares (in shares)	`CommonStockSharesIssued`	5,527.00	shares	Point-in-time
Common Stock, issued shares (in shares)	`CommonStockSharesIssued`	5,554.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.40M	USD	Point-in-time
Common Stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	5,554.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.04M	USD	Point-in-time
Common Stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	5,527.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Assets of the consolidated variable interest entity	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$11.23M	USD	Point-in-time
Assets of the consolidated variable interest entity	`VariableInterestEntityConsolidatedCarryingAmountAssets`	$11.77M	USD	Point-in-time
Accounts receivable, net of allowance of $19 and $18, respectively	`AccountsReceivableNetCurrent`	$6.14M	USD	Point-in-time
Accounts receivable, net of allowance of $19 and $18, respectively	`AccountsReceivableNetCurrent`	$7.45M	USD	Point-in-time
Inventories, net of reserves of $54 and $85, respectively	`InventoryNet`	$18.46M	USD	Point-in-time
Liabilities of the consolidated variable interest entity	`VariableInterestEntityConsolidatedCarryingAmountLiabilities`	$2.19M	USD	Point-in-time
Liabilities of the consolidated variable interest entity	`VariableInterestEntityConsolidatedCarryingAmountLiabilities`	$1.95M	USD	Point-in-time
Inventories, net of reserves of $54 and $85, respectively	`InventoryNet`	$20.26M	USD	Point-in-time
Other current assets	`PrepaidExpenseCurrent`	$1.65M	USD	Point-in-time
Other current assets	`PrepaidExpenseCurrent`	$1.42M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$173.00K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$173.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$31.89M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.27M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.54M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.60M	USD	Point-in-time
Goodwill	`Goodwill`	$1.12M	USD	Point-in-time
Goodwill	`Goodwill`	$1.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$27.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$28.00K	USD	Point-in-time
Total assets	`Assets`	$46.81M	USD	Point-in-time
Total assets	`Assets`	$47.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$5.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.45M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$8.96M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$10.69M	USD	Point-in-time
Current maturities of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$968.00K	USD	Point-in-time
Current maturities of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$989.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.12M	USD	Point-in-time
Long-term obligations, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$7.25M	USD	Point-in-time
Long-term obligations, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$7.01M	USD	Point-in-time
Deferred gain, net of current portion	`SaleLeasebackTransactionDeferredGainNet`	$853.00K	USD	Point-in-time
Deferred gain, net of current portion	`SaleLeasebackTransactionDeferredGainNet`	$731.00K	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$875.00K	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$875.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$29.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$29.74M	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: 5,554 shares and 5,527 shares, respectively	`CommonStockValue`	$20.46M	USD	Point-in-time
Common Stock, no par value; 10,000 shares authorized; issued and outstanding: 5,554 shares and 5,527 shares, respectively	`CommonStockValue`	$20.34M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-301.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-361.00K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$15.29M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$15.18M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.20M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.19M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.38M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$17.48M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$46.81M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$47.22M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Retail	`SalesRevenueGoodsNet`	$19.22M	USD	1 Quarter
Retail	`SalesRevenueGoodsNet`	$19.76M	USD	1 Quarter
Recycling	`RecyclingRevenue`	$5.26M	USD	1 Quarter
Recycling	`RecyclingRevenue`	$5.74M	USD	1 Quarter
Byproduct	`ByproductRevenue`	$4.97M	USD	1 Quarter
Byproduct	`ByproductRevenue`	$4.41M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$29.93M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$29.43M	USD	1 Quarter
Costs of revenues	`CostOfGoodsAndServicesSold`	$21.82M	USD	1 Quarter
Costs of revenues	`CostOfGoodsAndServicesSold`	$20.94M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.61M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$7.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$84.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.53M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$254.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$318.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$16.00K	USD	1 Quarter
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-154.00K	USD	1 Quarter
Income (loss) before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.18M	USD	1 Quarter
Provision for (benefit of) income taxes	`IncomeTaxExpenseBenefit`	$-77.00K	USD	1 Quarter
Provision for (benefit of) income taxes	`IncomeTaxExpenseBenefit`	$444.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$737.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-77.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$63.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-11.00K	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLossAvailableToCommonStockholdersBasic`	$674.00K	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-66.00K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.54M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	5.49M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.77M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.54M	shares	1 Quarter
Net income (loss)	`ProfitLoss`	$737.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-77.00K	USD	1 Quarter
Effect of foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$60.00K	USD	1 Quarter
Effect of foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$68.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$68.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease`	$60.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$805.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$63.00K	USD	1 Quarter
Comprehensive income (loss) attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$742.00K	USD	1 Quarter
Comprehensive income (loss) attributable to controlling interest	`ComprehensiveIncomeNetOfTax`	$-6.00K	USD	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$737.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-77.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$303.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$365.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$36.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$99.00K	USD	1 Quarter
Amortization of deferred gain	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$122.00K	USD	1 Quarter
Amortization of deferred gain	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$122.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$46.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$49.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-3.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-15.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.90M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.30M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-1.99M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.81M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidExpense`	$231.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInPrepaidExpense`	$495.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-28.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$37.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.18M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.41M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$304.00K	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.83M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$2.25M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$927.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$350.00K	USD	1 Quarter
Decrease in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-352.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-571.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-350.00K	USD	1 Quarter
Checks issued in excess of cash in bank	`ProceedsFromRepaymentsOfBankOverdrafts`	$-42.00K	USD	1 Quarter
Net payments under line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-1.81M	USD	1 Quarter
Net payments under line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-1.73M	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$257.00K	USD	1 Quarter
Payments on debt obligations	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$7.58M	USD	1 Quarter
Proceeds from issuance of debt obligations	`ProceedsFromOtherDebt`	$9.40M	USD	1 Quarter
Proceeds from issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$82.00K	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$604.00K	USD	1 Quarter
Excess tax benefits related to share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$36.00K	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-598.00K	USD	1 Quarter
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.90M	USD	1 Quarter
Effect of changes in exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$67.00K	USD	1 Quarter
Effect of changes in exchange rate on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$58.00K	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$1.14M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-365.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.04M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.04M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.21M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.06M	USD	Point-in-time
Cash payments for interest	`InterestPaid`	$203.00K	USD	1 Quarter
Cash payments for interest	`InterestPaid`	$268.00K	USD	1 Quarter
Cash payments for income taxes	`IncomeTaxesPaidNet`	$105.00K	USD	1 Quarter
Cash payments for income taxes	`IncomeTaxesPaidNet`	$123.00K	USD	1 Quarter

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