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10-Q Filing

XPLORE TECHNOLOGIES CORP CIK: 1177845 Q3 2013
Filing Information
Form Type 10-Q
Accession Number 0001437749-14-001943
Period End Date 20131231
Filing Date 20140212
Fiscal Year 2013
Fiscal Period Q3
XBRL Instance xplr-20131231.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 50 line items
Line Item Tag Value Unit Period
Preferred stock, par value (in Dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par value (in Dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 0.00 shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 150.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.30M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.28M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $199.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $10.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $7.64M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.47M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock par value (in Dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $10.74M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $5.05M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 15.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 15.00M shares Point-in-time
Inventory, net InventoryNet $3.84M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 1.35B shares Point-in-time
Inventory, net InventoryNet $7.43M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $446.00K USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 8.40M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 8.39M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $352.00K USD Point-in-time
Total current assets AssetsCurrent $19.51M USD Point-in-time
Total current assets AssetsCurrent $23.91M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $1.00M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $697.00K USD Point-in-time
Assets Assets $24.92M USD Point-in-time
Assets Assets $20.21M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $8.81M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $4.69M USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.81M USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.69M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, par value $0.001 per share; authorized 5,000 and none, respectively; shares issued none and none, respectively PreferredStockValue - USD Point-in-time
Preferred Stock, par value $0.001 per share; authorized 5,000 and none, respectively; shares issued none and none, respectively PreferredStockValue - USD Point-in-time
Common Stock, par value $0.001 per share; authorized 15,000; shares issued 8,398 and 8,389, respectively CommonStockValue $8.00K USD Point-in-time
Common Stock, par value $0.001 per share; authorized 15,000; shares issued 8,398 and 8,389, respectively CommonStockValue $8.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $154.55M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $153.60M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-138.09M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-138.45M USD Point-in-time
StockholdersEquity StockholdersEquity $15.52M USD Point-in-time
StockholdersEquity StockholdersEquity $16.11M USD Point-in-time
LiabilitiesAndStockholdersEquity LiabilitiesAndStockholdersEquity $24.92M USD Point-in-time
LiabilitiesAndStockholdersEquity LiabilitiesAndStockholdersEquity $20.21M USD Point-in-time
Income Statement 76 line items
Line Item Tag Value Unit Period
Revenue SalesRevenueNet $13.98M USD 1 Quarter
Revenue SalesRevenueNet $5.93M USD 1 Quarter
Revenue SalesRevenueNet $27.24M USD 3 Qtrs
Revenue SalesRevenueNet $23.35M USD 3 Qtrs
Cost of revenue CostOfGoodsAndServicesSold $15.68M USD 3 Qtrs
Cost of revenue CostOfGoodsAndServicesSold $9.14M USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $3.86M USD 1 Quarter
Cost of revenue CostOfGoodsAndServicesSold $17.49M USD 3 Qtrs
Gross profit GrossProfit $7.67M USD 3 Qtrs
Gross profit GrossProfit $2.06M USD 1 Quarter
Gross profit GrossProfit $4.84M USD 1 Quarter
Gross profit GrossProfit $9.75M USD 3 Qtrs
Sales, marketing and support SellingAndMarketingExpense $1.68M USD 1 Quarter
Sales, marketing and support SellingAndMarketingExpense $2.84M USD 3 Qtrs
Sales, marketing and support SellingAndMarketingExpense $1.02M USD 1 Quarter
Sales, marketing and support SellingAndMarketingExpense $4.50M USD 3 Qtrs
Product research, development and engineering ResearchAndDevelopmentExpense $3.32M USD 3 Qtrs
Product research, development and engineering ResearchAndDevelopmentExpense $1.61M USD 3 Qtrs
Product research, development and engineering ResearchAndDevelopmentExpense $1.36M USD 1 Quarter
Product research, development and engineering ResearchAndDevelopmentExpense $695.00K USD 1 Quarter
General administration GeneralAndAdministrativeExpense $2.96M USD 3 Qtrs
General administration GeneralAndAdministrativeExpense $917.00K USD 1 Quarter
General administration GeneralAndAdministrativeExpense $2.65M USD 3 Qtrs
General administration GeneralAndAdministrativeExpense $965.00K USD 1 Quarter
OperatingExpenses OperatingExpenses $10.78M USD 3 Qtrs
OperatingExpenses OperatingExpenses $3.95M USD 1 Quarter
OperatingExpenses OperatingExpenses $7.10M USD 3 Qtrs
OperatingExpenses OperatingExpenses $2.68M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $893.00K USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $-1.03M USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $570.00K USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $-619.00K USD 1 Quarter
Interest expense InterestExpense $65.00K USD 3 Qtrs
Interest expense InterestExpense $3.00K USD 3 Qtrs
Interest expense InterestExpense $1.00K USD 1 Quarter
Other OtherNonoperatingExpense $3.00K USD 1 Quarter
Other OtherNonoperatingExpense $6.00K USD 1 Quarter
Other OtherNonoperatingExpense $-661.00K USD 3 Qtrs
Other OtherNonoperatingExpense $35.00K USD 3 Qtrs
NonoperatingIncomeExpense NonoperatingIncomeExpense $-7.00K USD 1 Quarter
NonoperatingIncomeExpense NonoperatingIncomeExpense $-3.00K USD 1 Quarter
NonoperatingIncomeExpense NonoperatingIncomeExpense $-100.00K USD 3 Qtrs
NonoperatingIncomeExpense NonoperatingIncomeExpense $658.00K USD 3 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-372.00K USD 3 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $890.00K USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $470.00K USD 3 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-626.00K USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-12.00K USD 3 Qtrs
Net income (loss) NetIncomeLoss $890.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $470.00K USD 3 Qtrs
Net income (loss) NetIncomeLoss $-626.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-360.00K USD 3 Qtrs
Dividends attributable to Preferred Stock (in Dollars per share) PreferredStockDividendsPerShareDeclared $-2.29K USD 3 Qtrs
Dividends attributable to Preferred Stock (in Dollars per share) PreferredStockDividendsPerShareDeclared $-281.00 USD 1 Quarter
Net income (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-360.00K USD 3 Qtrs
Net income (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $890.00K USD 1 Quarter
Net income (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-1.82M USD 3 Qtrs
Net income (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-907.00K USD 1 Quarter
Income (loss) per common share (in Dollars per share) LossPerCommonShare $0.11 USD 1 Quarter
Income (loss) per common share (in Dollars per share) LossPerCommonShare $-0.04 USD 3 Qtrs
Income (loss) per common share (in Dollars per share) LossPerCommonShare $0.20 USD 3 Qtrs
Income (loss) per common share (in Dollars per share) LossPerCommonShare $-0.11 USD 1 Quarter
Dividends attributable to Preferred Stock PreferredStockDividendsIncomeStatementImpact $970.00 USD 3 Qtrs
Dividends attributable to Preferred Stock PreferredStockDividendsIncomeStatementImpact $50.00 USD 1 Quarter
Net income (loss) per share attributable to common stockholders, basic and fully diluted (in Dollars per share) EarningsPerShareBasicAndDiluted $0.04 USD 3 Qtrs
Net income (loss) per share attributable to common stockholders, basic and fully diluted (in Dollars per share) EarningsPerShareBasicAndDiluted $0.16 USD 1 Quarter
Net income (loss) per share attributable to common stockholders, basic and fully diluted (in Dollars per share) EarningsPerShareBasicAndDiluted $0.77 USD 3 Qtrs
Net income (loss) per share attributable to common stockholders, basic and fully diluted (in Dollars per share) EarningsPerShareBasicAndDiluted $-0.11 USD 1 Quarter
Weighted average number of common shares outstanding, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 2.37M shares 3 Qtrs
Weighted average number of common shares outstanding, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 8.40M shares 1 Quarter
Weighted average number of common shares outstanding, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 8.39M shares 3 Qtrs
Weighted average number of common shares outstanding, basic (in Shares) WeightedAverageNumberOfSharesOutstandingBasic 5.82M shares 1 Quarter
Weighted average number of common shares outstanding, fully diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 8.39M shares 3 Qtrs
Weighted average number of common shares outstanding, fully diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 5.82M shares 1 Quarter
Weighted average number of common shares outstanding, fully diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 2.37M shares 3 Qtrs
Weighted average number of common shares outstanding, fully diluted (in Shares) WeightedAverageNumberOfDilutedSharesOutstanding 8.41M shares 1 Quarter
Cash Flow Statement 94 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $890.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $470.00K USD 3 Qtrs
Net income (loss) NetIncomeLoss $-626.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-360.00K USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $217.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $129.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $530.00K USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $380.00K USD 3 Qtrs
Allowance for doubtful accounts ProvisionForDoubtfulAccounts $11.00K USD 1 Quarter
Allowance for doubtful accounts ProvisionForDoubtfulAccounts $-5.00K USD 3 Qtrs
Allowance for doubtful accounts ProvisionForDoubtfulAccounts $14.00K USD 3 Qtrs
Allowance for doubtful accounts ProvisionForDoubtfulAccounts $-3.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $910.00K USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $164.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $531.00K USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $266.00K USD 1 Quarter
Equity issued in exchange for services IssuanceOfStockAndWarrantsForServicesOrClaims $8.00K USD 3 Qtrs
Equity issued in exchange for services IssuanceOfStockAndWarrantsForServicesOrClaims $8.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-5.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $5.23M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $5.69M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $118.00K USD 1 Quarter
Inventory IncreaseDecreaseInInventories $-98.00K USD 3 Qtrs
Inventory IncreaseDecreaseInInventories $3.59M USD 3 Qtrs
Inventory IncreaseDecreaseInInventories $-449.00K USD 1 Quarter
Inventory IncreaseDecreaseInInventories $3.21M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-977.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $94.00K USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $128.00K USD 3 Qtrs
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $215.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-757.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $4.12M USD 3 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.21M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-3.48M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $2.99M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-2.07M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $229.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-4.17M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $2.89M USD 3 Qtrs
Additions to fixed assets PaymentsToAcquirePropertyPlantAndEquipment $649.00K USD 3 Qtrs
Additions to fixed assets PaymentsToAcquirePropertyPlantAndEquipment $837.00K USD 3 Qtrs
Additions to fixed assets PaymentsToAcquirePropertyPlantAndEquipment $280.00K USD 1 Quarter
Additions to fixed assets PaymentsToAcquirePropertyPlantAndEquipment $238.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-649.00K USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-238.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-280.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-837.00K USD 3 Qtrs
Proceeds from short-term borrowings ProceedsFromShortTermDebt $9.46M USD 3 Qtrs
Proceeds from short-term borrowings ProceedsFromShortTermDebt - USD 1 Quarter
Proceeds from short-term borrowings ProceedsFromShortTermDebt - USD 1 Quarter
Proceeds from short-term borrowings ProceedsFromShortTermDebt - USD 3 Qtrs
Repayment of short-term indebtedness RepaymentsOfShortTermDebt $9.46M USD 3 Qtrs
Repayment of short-term indebtedness RepaymentsOfShortTermDebt - USD 1 Quarter
Repayment of short-term indebtedness RepaymentsOfShortTermDebt - USD 1 Quarter
Repayment of short-term indebtedness RepaymentsOfShortTermDebt - USD 3 Qtrs
Net proceeds from issuance of Common Stock ProceedsFromIssuanceOfCommonStock $12.00K USD 1 Quarter
Net proceeds from issuance of Common Stock ProceedsFromIssuanceOfCommonStock $7.88M USD 3 Qtrs
Net proceeds from issuance of Common Stock ProceedsFromIssuanceOfCommonStock $7.86M USD 1 Quarter
Net proceeds from issuance of Common Stock ProceedsFromIssuanceOfCommonStock $31.00K USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $7.88M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $7.86M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $31.00K USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $12.00K USD 1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-2.34M USD 1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $7.85M USD 1 Quarter
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $-4.98M USD 3 Qtrs
CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $10.12M USD 3 Qtrs
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $5.30M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $10.28M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $199.00K USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $10.32M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $7.64M USD Point-in-time
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $2.47M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $5.30M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $10.28M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $199.00K USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $10.32M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $7.64M USD Point-in-time
CASH AND CASH EQUIVALENTS, END OF PERIOD CashAndCashEquivalentsAtCarryingValue $2.47M USD Point-in-time
Payments for interest InterestPaid $3.00K USD 3 Qtrs
Payments for interest InterestPaid $1.00K USD 1 Quarter
Payments for interest InterestPaid $65.00K USD 3 Qtrs
Payments for (refunds of) income taxes IncomeTaxesPaid - USD 1 Quarter
Payments for (refunds of) income taxes IncomeTaxesPaid $-12.00K USD 1 Quarter
Payments for (refunds of) income taxes IncomeTaxesPaid $24.00K USD 3 Qtrs
Payments for (refunds of) income taxes IncomeTaxesPaid - USD 3 Qtrs
Payments of liabilities through issuance of stock PaymentsOfLiabilitiesThroughIssuanceOfStock $204.00K USD 3 Qtrs
Payments of liabilities through issuance of stock PaymentsOfLiabilitiesThroughIssuanceOfStock - USD 3 Qtrs
Payments of liabilities through issuance of stock PaymentsOfLiabilitiesThroughIssuanceOfStock - USD 1 Quarter
Payments of liabilities through issuance of stock PaymentsOfLiabilitiesThroughIssuanceOfStock - USD 1 Quarter
Preferred Stock dividends issued in the form of stock DividendsPreferredStockStock $717.00K USD 1 Quarter
Preferred Stock dividends issued in the form of stock DividendsPreferredStockStock - USD 3 Qtrs
Preferred Stock dividends issued in the form of stock DividendsPreferredStockStock - USD 1 Quarter
Preferred Stock dividends issued in the form of stock DividendsPreferredStockStock $2.78M USD 3 Qtrs

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

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