10-Q Filing

FIEE, INC. CIK: 1467761 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001354488-11-004386`
Period End Date	20110930
Filing Date	20111114
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	zmtp-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 72 Cash Flow Statement 42

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$721.54K	USD	Point-in-time
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$564.72K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$438.28K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$797.85K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$328.70K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$121.92K	USD	Point-in-time
Accounts receivable, net of allowances of $721,542 at September 30, 2011 and $564,722 at December 31, 2010	`AccountsReceivableNetCurrent`	$1.01M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Accounts receivable, net of allowances of $721,542 at September 30, 2011 and $564,722 at December 31, 2010	`AccountsReceivableNetCurrent`	$1.08M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Receivables, other	`OtherReceivables`	$150.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.45M	shares	Point-in-time
Receivables, other	`OtherReceivables`	$166.14K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	5.45M	shares	Point-in-time
Inventories	`InventoryNet`	$2.47M	USD	Point-in-time
Inventories	`InventoryNet`	$2.71M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$172.97K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$201.91K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.75M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$24.50K	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`	$4.77M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$911.30K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.14M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$362.57K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$346.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.50M	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 September 30, 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 September 30, 2011 and December 31, 2010	`CommonStockValue`	$54.51K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.49M	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`	$-30.44M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$171.84K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$381.67K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.26M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.51M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.77M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$3.05M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$9.02M	USD	3 Qtrs
Net sales	`SalesRevenueGoodsNet`	$4.22M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$10.21M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$2.83M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$7.16M	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$2.29M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$6.71M	USD	3 Qtrs
Gross profit	`GrossProfit`	$759.29K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.06M	USD	3 Qtrs
Gross profit	`GrossProfit`	$2.32M	USD	3 Qtrs
Selling	`SellingExpense`	$540.07K	USD	1 Quarter
Selling	`SellingExpense`	$1.60M	USD	3 Qtrs
Selling	`SellingExpense`	$1.49M	USD	3 Qtrs
Selling	`SellingExpense`	$477.04K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$917.15K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$310.07K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$956.37K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$317.59K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$852.96K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$253.65K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$747.10K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$235.73K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$3.30M	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$1.11M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$3.26M	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$1.02M	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-944.45K	USD	3 Qtrs
Operating profit (loss)	`OperatingIncomeLoss`	$281.60K	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-240.53K	USD	3 Qtrs
Operating profit (loss)	`OperatingIncomeLoss`	$-263.56K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$34.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$30.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$465.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$314.00	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$59.61K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-2.48K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$70.01K	USD	3 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-682.00	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-2.45K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$70.47K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$59.93K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-652.00	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-180.61K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$279.15K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-873.98K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-264.22K	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$389.00	USD	3 Qtrs
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$542.00	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$1.45K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$279.15K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-875.43K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-264.76K	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.09	USD	3 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.16	USD	3 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Diluted income (loss) per share	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted income (loss) per share	`EarningsPerShareDiluted`	$-0.09	USD	3 Qtrs
Diluted income (loss) per share	`EarningsPerShareDiluted`	$-0.16	USD	3 Qtrs
Diluted income (loss) per share	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Weighted average common and common equivalent shares: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.98M	shares	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`	5.45M	shares	3 Qtrs
Weighted average common and common equivalent shares: Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.98M	shares	3 Qtrs
Weighted average common and common equivalent shares: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.98M	shares	3 Qtrs
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
Weighted average common and common equivalent shares: Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	5.45M	shares	3 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$279.15K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-875.43K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-264.76K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$80.30K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$97.33K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.47K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$20.12K	USD	3 Qtrs
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$87.20K	USD	3 Qtrs
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$157.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-596.66K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-89.95K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-723.52K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$246.74K	USD	3 Qtrs
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.21K	USD	3 Qtrs
Prepaid expense and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-29.47K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$528.52K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$243.35K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-787.90K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-230.32K	USD	3 Qtrs
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$16.14K	USD	3 Qtrs
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$16.14K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-1.55K	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-12.74K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.40K	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$14.60K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-730.00	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.58K	USD	3 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-785.23K	USD	3 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-212.15K	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$438.28K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$797.85K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$438.28K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$797.85K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Cash paid during the period for: Interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the period for: Interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$389.00	USD	3 Qtrs
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$1.45K	USD	3 Qtrs

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