10-Q Filing

FIEE, INC. CIK: 1467761 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001354488-12-002519`
Period End Date	20120331
Filing Date	20120515
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	zmtp-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 38 Cash Flow Statement 40

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$857.49K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.01M	USD	Point-in-time
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$624.48K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$644.37K	USD	Point-in-time
Accounts receivable allowances	`AllowanceForDoubtfulAccountsReceivable`	$707.71K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$552.43K	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$90.40K	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$82.28K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowances of $707,705 at March 31, 2012 and $624,481 at December 31, 2011	`AccountsReceivableNetCurrent`	$1.40M	USD	Point-in-time
Accounts receivable, net of allowances of $707,705 at March 31, 2012 and $624,481 at December 31, 2011	`AccountsReceivableNetCurrent`	$1.23M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$2.72M	USD	Point-in-time
Inventories	`InventoryNet`	$2.97M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$219.07K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$185.35K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	6.97M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	6.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.07M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$17.10K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$20.17K	USD	Point-in-time
Total assets	`Assets`	$5.08M	USD	Point-in-time
Total assets	`Assets`	$5.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$373.39K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$348.05K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.43M	USD	Point-in-time
Common stock, $0.01 par value: Authorized - 25,000,000 shares; issued - 6,973,704 shares at March 31, 2012 and December 31, 2011	`CommonStockValue`	$69.74K	USD	Point-in-time
Common stock, $0.01 par value: Authorized - 25,000,000 shares; issued - 6,973,704 shares at March 31, 2012 and December 31, 2011	`CommonStockValue`	$69.74K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$33.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.44M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$125.57K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$140.24K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.54M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.05M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.08M	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$3.98M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$2.81M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$2.99M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$2.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$988.96K	USD	1 Quarter
Gross profit	`GrossProfit`	$808.18K	USD	1 Quarter
Selling	`SellingExpense`	$526.19K	USD	1 Quarter
Selling	`SellingExpense`	$536.92K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$316.90K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$314.65K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$260.41K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$237.56K	USD	1 Quarter
Total	`OperatingExpenses`	$1.10M	USD	1 Quarter
Total	`OperatingExpenses`	$1.09M	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-283.20K	USD	1 Quarter
Operating profit (loss)	`OperatingIncomeLoss`	$-112.29K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$328.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$40.00	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-781.00	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.57K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.24K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-741.00	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-284.44K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-113.03K	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$1.24K	USD	1 Quarter
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$164.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-114.27K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-284.60K	USD	1 Quarter
Foreign currency translation adjustments	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.55K	USD	1 Quarter
Foreign currency translation adjustments	`ForeignCurrencyTransactionGainLossBeforeTax`	$8.71K	USD	1 Quarter
Unrealized gain (loss) for the period	`UnrealizedGainLossForPeriod`	$-77.36K	USD	1 Quarter
Unrealized gain (loss) for the period	`UnrealizedGainLossForPeriod`	$8.12K	USD	1 Quarter
Net comprehensive income (loss)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-99.60K	USD	1 Quarter
Net comprehensive income (loss)	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-353.25K	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and Diluted	`BasicAndDiluted`	6.97M	shares	1 Quarter
Basic and Diluted	`BasicAndDiluted`	5.45M	shares	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-114.27K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-284.60K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$9.34K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.06K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$21.53K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$16.08K	USD	1 Quarter
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$34.62K	USD	1 Quarter
(Reversal of) provision for accounts receivable allowances	`ProvisionForDoubtfulAccounts`	$83.22K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$87.05K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-220.27K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-249.85K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$394.38K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-73.13K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-32.92K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-36.37K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$116.30K	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`	$-91.32K	USD	1 Quarter
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$5.38K	USD	1 Quarter
Proceeds from sale of Unity investment	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.81K	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.57K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-560.00	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-614.00	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-91.94K	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`	$644.37K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$552.43K	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`	$644.37K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$552.43K	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`	$1.24K	USD	1 Quarter
Cash paid during the period for: Income taxes	`IncomeTaxesPaid`	$164.00	USD	1 Quarter

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