10-Q Filing

FIEE, INC. CIK: 1467761 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001354488-11-001551`
Period End Date	20110331
Filing Date	20110516
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	zmtp-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 36 Cash Flow Statement 40

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$564.72K	USD	Point-in-time
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$599.34K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$857.49K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$251.35K	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$328.70K	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Accounts receivable, net of allowances of $599,339 at March 31, 2011 and $564,722 at December 31, 2010	`AccountsReceivableNetCurrent`	$1.08M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.45M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.45M	shares	Point-in-time
Accounts receivable, net of allowances of $599,339 at March 31, 2011 and $564,722 at December 31, 2010	`AccountsReceivableNetCurrent`	$1.27M	USD	Point-in-time
Receivables, other	`OtherReceivables`	$166.14K	USD	Point-in-time
Receivables, other	`OtherReceivables`	$160.76K	USD	Point-in-time
Inventories	`InventoryNet`	$2.71M	USD	Point-in-time
Inventories	`InventoryNet`	$2.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$172.97K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$246.95K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.11M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$36.56K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$43.07K	USD	Point-in-time
Total assets	`Assets`	$5.51M	USD	Point-in-time
Total assets	`Assets`	$5.14M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$911.30K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$884.35K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$346.07K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$334.90K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26M	USD	Point-in-time
Common stock, $0.01 par value: Authorized 25,000,000 shares; issued 5,450,622 shares at March 31, 2011 and December 31, 2010	`CommonStockValue`	$54.51K	USD	Point-in-time
Common stock, $0.01 par value: Authorized 25,000,000 shares; issued 5,450,622 shares at March 31, 2011 and December 31, 2010	`CommonStockValue`	$54.51K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-29.57M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-29.85M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$313.02K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$381.67K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.26M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.92M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.51M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.14M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$2.81M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$2.49M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$1.73M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$2.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$763.26K	USD	1 Quarter
Gross profit	`GrossProfit`	$808.18K	USD	1 Quarter
Selling	`SellingExpense`	$447.78K	USD	1 Quarter
Selling	`SellingExpense`	$536.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$372.67K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$316.90K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$305.35K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$237.56K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$1.13M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$1.09M	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-362.54K	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-283.20K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$328.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$183.00	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.57K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$64.54K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$64.72K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.24K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-297.82K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-284.44K	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$261.00	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$164.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-298.08K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-284.60K	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Basic net income (loss) per share	`EarningsPerShareBasic`	$-0.15	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Diluted net income (loss) per share	`EarningsPerShareDiluted`	$-0.15	USD	1 Quarter
Weighted average common and common equivalent shares: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	5.45M	shares	1 Quarter
Weighted average common and common equivalent shares: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.98M	shares	1 Quarter
Weighted average common and common equivalent shares: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.45M	shares	1 Quarter
Weighted average common and common equivalent shares: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.98M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-298.08K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-284.60K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$33.16K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$21.53K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.90K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.34K	USD	1 Quarter
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$-31.71K	USD	1 Quarter
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$34.62K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$266.11K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-220.27K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$394.38K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-129.63K	USD	1 Quarter
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-73.13K	USD	1 Quarter
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$26.32K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-36.37K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$100.40K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-154.51K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-25.52K	USD	1 Quarter
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$5.38K	USD	1 Quarter
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$5.38K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-2.81K	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.38K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.57K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-560.00	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.28K	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-21.43K	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-152.50K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$857.49K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$857.49K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash paid during the period for: Interest	`InterestPaid`	-	USD	1 Quarter
Cash paid during the period for: Interest	`InterestPaid`	-	USD	1 Quarter
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$164.00	USD	1 Quarter
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$261.00	USD	1 Quarter

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