10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-19-016493 |
| Period End Date | 20190331 |
| Filing Date | 20190507 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | frpt-20190331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
200.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
35.56M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
35.87M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.55M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts |
AccountsReceivableNetCurrent
|
$12.33M | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts |
AccountsReceivableNetCurrent
|
$15.56M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
35.54M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
35.85M | shares | Point-in-time |
| Treasury stock, at cost, shares |
TreasuryStockCommonShares
|
14,169.00 | shares | Point-in-time |
| Inventories, net |
InventoryNet
|
$11.11M | USD | Point-in-time |
| Treasury stock, at cost, shares |
TreasuryStockCommonShares
|
14,169.00 | shares | Point-in-time |
| Inventories, net |
InventoryNet
|
$9.32M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$2.40M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.08M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$289.32K | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$681.55K | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$33.12M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$30.96M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$109.56M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$102.09M | USD | Point-in-time |
| Deposits on equipment |
DepositsOnPropertyPlantAndEquipmentNet
|
$5.46M | USD | Point-in-time |
| Deposits on equipment |
DepositsOnPropertyPlantAndEquipmentNet
|
$4.73M | USD | Point-in-time |
| Operating lease right of use assets |
OperatingLeaseRightOfUseAsset
|
$9.37M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.23M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.18M | USD | Point-in-time |
| Total Assets |
Assets
|
$139.96M | USD | Point-in-time |
| Total Assets |
Assets
|
$159.74M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$9.17M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$11.33M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$9.05M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$8.22M | USD | Point-in-time |
| Current operating lease liabilities |
OperatingLeaseLiabilityCurrent
|
$986.07K | USD | Point-in-time |
| Borrowings under Credit Facilities |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Borrowings under Credit Facilities |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Borrowings under Credit Facilities |
ShortTermBorrowings
|
$10.00M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$18.22M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$30.54M | USD | Point-in-time |
| Long term operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$8.68M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$273.42K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$39.22M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$18.49M | USD | Point-in-time |
| Common stock voting, $0.001 par value, 200,000,000 shares authorized, 35,866,322 issued and 35,852,153 outstanding on March 31, 2019, and 35,556,595 issued and 35,542,426 outstanding on December 31, 2018 |
CommonStockValue
|
$35.56K | USD | Point-in-time |
| Common stock voting, $0.001 par value, 200,000,000 shares authorized, 35,866,322 issued and 35,852,153 outstanding on March 31, 2019, and 35,556,595 issued and 35,542,426 outstanding on December 31, 2018 |
CommonStockValue
|
$35.87K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$323.08M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$325.46M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-201.35M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-204.77M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-31.61K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$59.44K | USD | Point-in-time |
| Treasury stock, at cost 14,169 shares on March 31, 2019 and December 31, 2018 |
TreasuryStockCommonValue
|
$256.23K | USD | Point-in-time |
| Treasury stock, at cost 14,169 shares on March 31, 2019 and December 31, 2018 |
TreasuryStockCommonValue
|
$256.23K | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$121.47M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$120.52M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$114.73M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$116.90M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$139.96M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$159.74M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET SALES |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$54.79M | USD | 1 Quarter |
| NET SALES |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$43.17M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsAndServicesSold
|
$28.88M | USD | 1 Quarter |
| COST OF GOODS SOLD |
CostOfGoodsAndServicesSold
|
$23.04M | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$25.91M | USD | 1 Quarter |
| GROSS PROFIT |
GrossProfit
|
$20.13M | USD | 1 Quarter |
| SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES |
SellingGeneralAndAdministrativeExpense
|
$23.54M | USD | 1 Quarter |
| SELLING, GENERAL, AND ADMINISTRATIVE EXPENSES |
SellingGeneralAndAdministrativeExpense
|
$29.23M | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-3.32M | USD | 1 Quarter |
| LOSS FROM OPERATIONS |
OperatingIncomeLoss
|
$-3.41M | USD | 1 Quarter |
| Other Income/(Expenses), net |
OtherNonoperatingIncomeExpense
|
$17.30K | USD | 1 Quarter |
| Other Income/(Expenses), net |
OtherNonoperatingIncomeExpense
|
$-22.98K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$102.78K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$69.00K | USD | 1 Quarter |
| Other Income/(Expenses), Total |
NonoperatingIncomeExpense
|
$-91.98K | USD | 1 Quarter |
| Other Income/(Expenses), Total |
NonoperatingIncomeExpense
|
$-85.48K | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.40M | USD | 1 Quarter |
| LOSS BEFORE INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.50M | USD | 1 Quarter |
| INCOME TAX EXPENSE |
IncomeTaxExpenseBenefit
|
$19.25K | USD | 1 Quarter |
| INCOME TAX EXPENSE |
IncomeTaxExpenseBenefit
|
$19.03K | USD | 1 Quarter |
| LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-3.42M | USD | 1 Quarter |
| LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-3.52M | USD | 1 Quarter |
| Change in foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$91.05K | USD | 1 Quarter |
| Change in foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$199.55K | USD | 1 Quarter |
| TOTAL OTHER COMPREHENSIVE INCOME |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$199.55K | USD | 1 Quarter |
| TOTAL OTHER COMPREHENSIVE INCOME |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$91.05K | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS |
ComprehensiveIncomeNetOfTax
|
$-3.33M | USD | 1 Quarter |
| TOTAL COMPREHENSIVE LOSS |
ComprehensiveIncomeNetOfTax
|
$-3.32M | USD | 1 Quarter |
| -BASIC |
EarningsPerShareBasic
|
$-0.10 | USD | 1 Quarter |
| -BASIC |
EarningsPerShareBasic
|
$-0.10 | USD | 1 Quarter |
| -DILUTED |
EarningsPerShareDiluted
|
$-0.10 | USD | 1 Quarter |
| -DILUTED |
EarningsPerShareDiluted
|
$-0.10 | USD | 1 Quarter |
| -BASIC |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.14M | shares | 1 Quarter |
| -BASIC |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.67M | shares | 1 Quarter |
| -DILUTED |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.14M | shares | 1 Quarter |
| -DILUTED |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.67M | shares | 1 Quarter |
Cash Flow Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-3.42M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-3.52M | USD | 1 Quarter |
| Provision for loss/(gains) on accounts receivable |
ProvisionForRecoveryOfLossesGainsOnAccountsReceivable
|
$28.78K | USD | 1 Quarter |
| Provision for loss/(gains) on accounts receivable |
ProvisionForRecoveryOfLossesGainsOnAccountsReceivable
|
$5.23K | USD | 1 Quarter |
| Loss on disposal of equipment |
GainLossOnDispositionOfAssets
|
$-27.88K | USD | 1 Quarter |
| Loss on disposal of equipment |
GainLossOnDispositionOfAssets
|
$-8.03K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.20M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.09M | USD | 1 Quarter |
| Inventory obsolescence |
InventoryWriteDown
|
$52.72K | USD | 1 Quarter |
| Inventory obsolescence |
InventoryWriteDown
|
$10.24K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.72M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.33M | USD | 1 Quarter |
| Amortization of deferred financing costs and loan discount |
AmortizationOfFinancingCostsAndDiscounts
|
$28.77K | USD | 1 Quarter |
| Amortization of deferred financing costs and loan discount |
AmortizationOfFinancingCostsAndDiscounts
|
$28.77K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-617.07K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$5.01M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-190.78K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.80M | USD | 1 Quarter |
| Prepaid expenses, other non-trade receivables and other current assets |
IncreaseDecreaseInPrepaidExpensesOtherNonTradeReceivablesAndOtherCurrentAssets
|
$929.85K | USD | 1 Quarter |
| Prepaid expenses, other non-trade receivables and other current assets |
IncreaseDecreaseInPrepaidExpensesOtherNonTradeReceivablesAndOtherCurrentAssets
|
$-284.94K | USD | 1 Quarter |
| Operating lease right of use |
IncreaseDecreaseInOperatingLeaseRightOfUse
|
$-241.78K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-281.91K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$36.01K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.56M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-829.07K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-1.78M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-832.99K | USD | 1 Quarter |
| Other lease liabilities |
IncreaseDecreaseInOtherLeaseLiabilities
|
$-217.47K | USD | 1 Quarter |
| Other lease liabilities |
IncreaseDecreaseInOtherLeaseLiabilities
|
$-7.10K | USD | 1 Quarter |
| Net cash flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-4.46M | USD | 1 Quarter |
| Net cash flows used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-226.08K | USD | 1 Quarter |
| Acquisitions of property, plant and equipment, software and deposits on equipment |
PaymentsToAcquireProductiveAssets
|
$4.97M | USD | 1 Quarter |
| Acquisitions of property, plant and equipment, software and deposits on equipment |
PaymentsToAcquireProductiveAssets
|
$10.45M | USD | 1 Quarter |
| Net cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.97M | USD | 1 Quarter |
| Net cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-10.45M | USD | 1 Quarter |
| Proceeds from exercise of options to purchase common stock |
ProceedsFromStockOptionsExercised
|
$53.86K | USD | 1 Quarter |
| Proceeds from exercise of options to purchase common stock |
ProceedsFromStockOptionsExercised
|
$1.79M | USD | 1 Quarter |
| Tax withholdings related to net shares settlements of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$673.77K | USD | 1 Quarter |
| Proceeds from borrowings under Credit Facilities |
ProceedsFromLinesOfCredit
|
$10.00M | USD | 1 Quarter |
| Proceeds from borrowings under Credit Facilities |
ProceedsFromLinesOfCredit
|
$6.00M | USD | 1 Quarter |
| Net cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$11.12M | USD | 1 Quarter |
| Net cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$6.05M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$855.08K | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-3.79M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.18M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.04M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.76M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.18M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.04M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.76M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$29.72K | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$37.29K | USD | 1 Quarter |
| Property, plant and equipment purchases in accounts payable |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$463.55K | USD | 1 Quarter |
| Property, plant and equipment purchases in accounts payable |
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
|
$1.05M | USD | 1 Quarter |
| Non-cash acquisitions of property, plant and equipment |
NoncashOrPartNoncashAcquisitionPropertyPlantAndEquipment
|
$1.75M | USD | 1 Quarter |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| BALANCES |
StockholdersEquity
|
$121.47M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$120.52M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$114.73M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$116.90M | USD | Point-in-time |
| Exercise of options to purchase common stock |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.79M | USD | 1 Quarter |
| Exercise of options to purchase common stock |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$53.86K | USD | 1 Quarter |
| Issuance of restricted stock units, net of tax withholdings |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$-673.77K | USD | 1 Quarter |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.26M | USD | 1 Quarter |
| Share-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.09M | USD | 1 Quarter |
| Foreign Currency Translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$91.05K | USD | 1 Quarter |
| Foreign Currency Translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$199.55K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-3.42M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-3.52M | USD | 1 Quarter |
| BALANCES |
StockholdersEquity
|
$121.47M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$120.52M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$114.73M | USD | Point-in-time |
| BALANCES |
StockholdersEquity
|
$116.90M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.