- Highlights :
- Key Ratio H /
- Income H /
- Balance Sheet H /
- Cash Flow H |
- Details :
- Income D /
- Balance Sheet D /
- Cash Flow D |
NASDAQ / Sector: Healthcare
/ Sub-Sector: Diagnostics & Research
/ Stock Type: Distressed
# of Employee: 66 / Fiscal Year End: 2016-12-31 / Stock Type: Small Core
USD / Exchange Rate: 1 at 2016-11-22 /
Cytosorbents Corp is a immunotherapy company. The Company uses blood purification to modulate inflammation with the goal of preventing or treating multiple organ failure in life-threatening illnesses.
# of Employee: 66 / Fiscal Year End: 2016-12-31 / Stock Type: Small Core
USD / Exchange Rate: 1 at 2016-11-22 /
Cytosorbents Corp is a immunotherapy company. The Company uses blood purification to modulate inflammation with the goal of preventing or treating multiple organ failure in life-threatening illnesses.
Competitors
Competitors List | Key Matrix Details
TMO | Q | A | LH | DGX | IDXX | QGEN | PKI | DXCM | BIO | BIO.B | ICLR | BRKR | ALR | CRL | VWR | PRAH | PRXL | ALOG |Finance Highlights
Key Ratio Highlights | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| ReportDate | PeriodType | ROE | FCFMargin | FCFPerShar | EquityPerS | ProfitMarg | Continuous | NetMargin | DebtEquity | CurrentRat |
|---|---|---|---|---|---|---|---|---|---|---|
| 2011-12-25 | Annual | -1,219.10% | -10,757.30% | -0.6 | 0.0 | 67.40% | -15,193.90% | -15,193.90% | .176 | .900 |
| 2012-12-25 | Annual | 31.40% | -272.20% | -0.5 | -1.5 | 76.20% | -272.80% | -272.80% | -.777 | .706 |
| 2013-12-25 | Annual | 26.00% | -153.00% | -0.4 | -1.5 | 21.10% | -193.10% | -193.10% | -.779 | .879 |
| 2014-12-25 | Annual | -177.30% | -170.50% | -0.5 | 0.3 | 48.20% | -226.10% | -226.10% | .880 | .592 |
| 2015-12-25 | Annual | -117.60% | -201.40% | -0.4 | 0.3 | 53.80% | -169.70% | -169.70% | 2.697 | .309 |
Key Ratio Trend
| ReportDate | PeriodType | ROE | FCFMargin | FCFPerShar | EquityPerS | ProfitMarg | Continuous | NetMargin | DebtEquity | CurrentRat |
|---|---|---|---|---|---|---|---|---|---|---|
| Average | Annual | -17.20% | -11.44% | 14.75% | -3.07% | 11.62% | 24.94% | 24.94% | -0.26% | -32.65% |
| 2012-12-25 | Annual | 102.58% | 97.47% | 23.93% | -3,032.00% | 13.06% | 98.20% | 98.20% | -541.48% | -21.56% |
| 2013-12-25 | Annual | -17.20% | 43.79% | 14.75% | -3.07% | -72.31% | 29.22% | 29.22% | -0.26% | 24.50% |
| 2014-12-25 | Annual | -781.92% | -11.44% | -24.43% | 118.27% | 128.44% | -17.09% | -17.09% | 212.97% | -32.65% |
| 2015-12-25 | Annual | 33.67% | -18.12% | 20.65% | 19.57% | 11.62% | 24.94% | 24.94% | 206.48% | -47.80% |
Income Statement Highlights | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| ReportDate | PeriodType | Revenue | Cost | InterestEx | Continuous | NetIncome | DilutedSha | ProfitMarg | Continuous | NetMargin |
|---|---|---|---|---|---|---|---|---|---|---|
| 2011-12-25 | Annual | 36,078.0 | 11,760.0 | 1,044,881.0 | -5,481,648.0 | -5,481,648.0 | 6,409,411 | 67.40% | -15,193.90% | -15,193.90% |
| 2012-12-25 | Annual | 1,342,936.0 | 319,298.0 | 564,428.0 | -3,663,506.0 | -3,663,506.0 | 7,929,131 | 76.20% | -272.80% | -272.80% |
| 2013-12-25 | Annual | 2,422,667.0 | 1,911,565.0 | 0.0 | -4,677,795.0 | -4,677,795.0 | 9,440,762 | 21.10% | -193.10% | -193.10% |
| 2014-12-25 | Annual | 4,122,825.0 | 2,133,888.0 | 0.0 | -9,321,672.0 | -9,321,672.0 | 14,382,813 | 48.20% | -226.10% | -226.10% |
| 2015-12-25 | Annual | 4,791,616.0 | 2,212,546.0 | 0.0 | -8,131,738.0 | -8,131,738.0 | 24,885,809 | 53.80% | -169.70% | -169.70% |
Income Statement Trend
| ReportDate | PeriodType | Revenue | Cost | InterestEx | Continuous | NetIncome | DilutedSha | ProfitMarg | Continuous | NetMargin |
|---|---|---|---|---|---|---|---|---|---|---|
| Average | Annual | 70.18% | 11.63% | 0.00% | -27.69% | -27.69% | 23.71% | 11.62% | 24.94% | 24.94% |
| 2012-12-25 | Annual | 3,622.31% | 2,615.12% | -45.98% | 33.17% | 33.17% | 23.71% | 13.06% | 98.20% | 98.20% |
| 2013-12-25 | Annual | 80.40% | 498.68% | -100.00% | -27.69% | -27.69% | 19.06% | -72.31% | 29.22% | 29.22% |
| 2014-12-25 | Annual | 70.18% | 11.63% | 0.00% | -99.27% | -99.27% | 52.35% | 128.44% | -17.09% | -17.09% |
| 2015-12-25 | Annual | 16.22% | 3.69% | 0.00% | 12.77% | 12.77% | 73.02% | 11.62% | 24.94% | 24.94% |
Balance Sheet Highlights | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| ReportDate | PeriodType | Equity | TotalLiabi | CurrentAss | CurrentLia | NonCurrent | DebtEquity | CurrentRat |
|---|---|---|---|---|---|---|---|---|
| 2011-12-25 | Annual | 318,343.0 | 1,804,199.0 | 1,697,481.0 | 1,527,949.0 | 276,250.0 | .176 | .900 |
| 2012-12-25 | Annual | -11,625,145.0 | 14,964,553.0 | 2,939,588.0 | 2,076,736.0 | 12,887,817.0 | -.777 | .706 |
| 2013-12-25 | Annual | -14,265,547.0 | 18,311,282.0 | 3,486,967.0 | 3,064,932.0 | 15,246,350.0 | -.779 | .879 |
| 2014-12-25 | Annual | 3,963,183.0 | 4,505,442.0 | 7,607,006.0 | 4,505,442.0 | 0.0 | .880 | .592 |
| 2015-12-25 | Annual | 8,210,587.0 | 3,043,779.0 | 9,860,328.0 | 3,043,779.0 | 0.0 | 2.697 | .309 |
Balance Sheet Trend
| ReportDate | PeriodType | Equity | TotalLiabi | CurrentAss | CurrentLia | NonCurrent | DebtEquity | CurrentRat |
|---|---|---|---|---|---|---|---|---|
| Average | Annual | -22.71% | -32.44% | 29.62% | 35.92% | 0.00% | -0.26% | -32.65% |
| 2012-12-25 | Annual | -3,751.77% | 729.43% | 73.17% | 35.92% | 4,565.27% | -541.48% | -21.56% |
| 2013-12-25 | Annual | -22.71% | 22.36% | 18.62% | 47.58% | 18.30% | -0.26% | 24.50% |
| 2014-12-25 | Annual | 127.78% | -75.40% | 118.16% | 47.00% | -100.00% | 212.97% | -32.65% |
| 2015-12-25 | Annual | 107.17% | -32.44% | 29.62% | -32.44% | 0.00% | 206.48% | -47.80% |
Cash Flow Highlights | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| ReportDate | PeriodType | OperatingC | CAPEX | FreeCashFl | Investment | FinancialF |
|---|---|---|---|---|---|---|
| 2011-12-25 | Annual | -3,828,527.0 | -52,490.0 | -3,881,017.0 | -52,490.0 | 5,141.0 |
| 2012-12-25 | Annual | -3,616,447.0 | -38,806.0 | -3,655,253.0 | -38,806.0 | 10,605.0 |
| 2013-12-25 | Annual | -3,489,320.0 | -216,356.0 | -3,705,676.0 | -216,356.0 | 2,220,161.0 |
| 2014-12-25 | Annual | -6,661,193.0 | -367,322.0 | -7,028,515.0 | -2,311,869.0 | 9,860,656.0 |
| 2015-12-25 | Annual | -9,008,934.0 | -643,447.0 | -9,652,381.0 | -890,900.0 | 11,640,242.0 |
Cash Flow Trend
| ReportDate | PeriodType | OperatingC | CAPEX | FreeCashFl | Investment | FinancialF |
|---|---|---|---|---|---|---|
| Average | Annual | -35.25% | -75.17% | -37.33% | -457.53% | 106.28% |
| 2012-12-25 | Annual | 5.54% | 26.07% | 5.82% | 26.07% | 106.28% |
| 2013-12-25 | Annual | 3.52% | -457.53% | -1.38% | -457.53% | 20,835.04% |
| 2014-12-25 | Annual | -90.90% | -69.78% | -89.67% | -968.55% | 344.14% |
| 2015-12-25 | Annual | -35.25% | -75.17% | -37.33% | 61.46% | 18.05% |
Finance Detail
Income Statement Details | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| 0: years | 2006-12 | 2007-12 | 2008-12 | 2009-12 | 2010-12 | 2011-12 | 2012-12 | 2013-12 | 2014-12 | 2015-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1: Revenue | 0 | 0 | 0 | 0 | 0 | 36078 | 1342936 | 2422667 | 4122825 | 4791616 | |
| 2: Cost of revenue | 0 | 0 | 0 | 0 | 0 | 11760 | 319298 | 1911565 | 2133888 | 2212546 | |
| 3: Gross profit | 0 | 0 | 0 | 0 | 0 | 24318 | 1023638 | 511102 | 1988937 | 2579070 | |
| 4: Operating expenses | 2964311 | 3066630 | 3244212 | 3027362 | 2824019 | 4461085 | 4514472 | 5224333 | 9267729 | 11882729 | |
| 5: Research and development | 1112804 | 1415509 | 1983483 | 1961960 | 1757370 | 2888245 | 2532489 | 1738938 | 2431759 | 3871069 | |
| 6: Sales, General and administrative | 1851507 | 1651121 | 1260729 | 1065402 | 1066649 | 1572840 | 1981983 | 3485395 | 6835970 | 8011660 | |
| 7: Restructuring, merger and acquisition | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 8: Other operating expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 9: Operating income | -2964311 | -3066630 | -3244212 | -3027362 | -2824019 | -4436767 | -3490834 | -4713231 | -7278792 | -9303659 | |
| 10: Interest Expense | 4738877 | 0 | 22207 | 8142 | 84846 | 1044881 | 564428 | 0 | 0 | 0 | |
| 11: Other income (expense) | 7703188 | 3066630 | 0 | 6071008 | 5817730 | 0 | 0 | -422843 | -2428522 | 847315 | |
| 12: Income before taxes | 0 | 0 | -3266419 | 3035504 | 2908865 | -5481648 | -4055262 | -5136074 | -9707314 | -8456344 | |
| 13: Provision for income taxes | 0 | 0 | -248529 | 298789 | 0 | 0 | -391756 | -458279 | -385642 | -324606 | |
| 14: Other income | -7671580 | -3350754 | 0 | -5473430 | -5817730 | 0 | 0 | 0 | 0 | 0 | |
| 15: Net income from continuing operations | -7671580 | -3350754 | -3017890 | -2736715 | -2908865 | -5481648 | -3663506 | -4677795 | -9321672 | -8131738 | |
| 16: Net income from discontinuing ops | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 17: Extraordinary items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 18: Cumulative effect of accounting changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 19: Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 20: Net income | -7671580 | -3350754 | -3017890 | -2736715 | -2908865 | -5481648 | -3663506 | -4677795 | -9321672 | -8131738 | |
| 21: Preferred dividend | 775536 | 760872 | 905382 | 704325 | 2177464 | 3087044 | 2511412 | 2395520 | 9266673 | 0 | |
| 22: Net income available to common shareholders | -8447116 | -4111626 | -3923272 | -3441040 | -5086329 | -8568692 | -6174918 | -7073315 | -18588345 | -8131738 | |
| 23: Earnings per share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 24: Basic | -14 | -4.25 | -4 | -2 | -1.25 | -1.25 | -0.75 | -0.75 | -1.29 | -0.33 | |
| 25: Diluted | -14 | -4.25 | -4 | -2 | -1.25 | -1.25 | -0.75 | -0.75 | -1.29 | -0.33 | |
| 26: Weighted average shares outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 27: Basic | 598242 | 993942 | 1004855 | 1663744 | 3923790 | 6409411 | 7929131 | 9440762 | 14382813 | 24885809 | |
| 28: Diluted | 598242 | 993942 | 1004855 | 1663744 | 3923790 | 6409411 | 7929131 | 9440762 | 14382813 | 24885809 | |
| 29: EBITDA | -1708785 | -2876190 | -3140511 | 3095341 | 3011515 | -4397617 | -3436228 | -4648881 | -7213245 | -9190690 | |
| 30: Total operating expenses | 2964311 | 3066630 | 3244212 | 3027362 | 2824019 | 4461085 | 4514472 | 5224333 | 9267729 | 11882729 |
Balance Sheet Details | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| 0: years | 2006-12 | 2007-12 | 2008-12 | 2009-12 | 2010-12 | 2011-12 | 2012-12 | 2013-12 | 2014-12 | 2015-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1: Assets | 3445049 | 802572 | 3387185 | 2238480 | 1811926 | 2122542 | 3339408 | 4045735 | 8468625 | 11254366 | |
| 2: Current assets | 2898018 | 412295 | 3065818 | 1964719 | 1400205 | 1697481 | 2939588 | 3486967 | 7607006 | 9860328 | |
| 3: Cash | 2873138 | 211613 | 2948815 | 1595628 | 1055669 | 1186653 | 1729344 | 2183030 | 5549827 | 7508851 | |
| 4: Cash and cash equivalents | 2873138 | 211613 | 2749208 | 1595628 | 1055669 | 1186653 | 1729344 | 2183030 | 3605280 | 5316851 | |
| 5: Short-term investments | 0 | 0 | 199607 | 0 | 0 | 0 | 0 | 0 | 1944547 | 2192k | |
| 6: Receivables | 0 | 0 | 0 | 0 | 0 | 36078 | 51779 | 453017 | 819151 | 648869 | |
| 7: Inventories | 0 | 0 | 0 | 0 | 0 | 431022 | 682372 | 245608 | 537566 | 1190681 | |
| 8: Deferred income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 9: Prepaid expenses | 24880 | 200682 | 117003 | 369091 | 344536 | 43728 | 476093 | 605312 | 700462 | 511927 | |
| 10: Other current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11: Non-current assets | 547031 | 390277 | 321367 | 273761 | 411721 | 425061 | 399820 | 558768 | 861619 | 1394038 | |
| 12: Property, plant and equipment | 303560 | 144457 | 52057 | 18853 | 144146 | 155067 | 145600 | 144393 | 245821 | 557289 | |
| 13: Gross property, plant and equipment | 2302810 | 2324237 | 2324237 | 2330647 | 2460318 | 2494990 | 2514840 | 2545747 | 2702457 | 3098263 | |
| 14: Accumulated Depreciation | -1999250 | -2179780 | -2272180 | -2311794 | -2316172 | -2339923 | -2369240 | -2401354 | -2456636 | -2540974 | |
| 15: Equity and other investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 16: Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 17: Intangible assets | 0 | 191926 | 202676 | 198514 | 211181 | 269994 | 207267 | 360481 | 557528 | 771795 | |
| 18: Deferred income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 19: Prepaid pension benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 20: Other long-term assets | 243471 | 53894 | 66634 | 56394 | 56394 | 0 | 46953 | 53894 | 58270 | 64954 | |
| 21: Liabilities and stockholders' equity | 3445049 | 802572 | 3387185 | 2238480 | 1811926 | 2122542 | 3339408 | 4045735 | 8468625 | 11254366 | |
| 22: Liabilities | 1082044 | 906868 | 1027704 | 970765 | 2296507 | 1804199 | 14964553 | 18311282 | 4505442 | 3043779 | |
| 23: Current liabilities | 1082044 | 906868 | 977704 | 970765 | 1219119 | 1527949 | 2076736 | 3064932 | 4505442 | 3043779 | |
| 24: Short-term debt | 0 | 0 | 0 | 0 | 0 | 294323 | 926225 | 1644356 | 0 | 0 | |
| 25: Capital leases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 26: Accounts payable | 942265 | 775342 | 885465 | 852167 | 817701 | 675160 | 800670 | 786517 | 698307 | 684633 | |
| 27: Deferred income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 28: Taxes payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 64745 | 22592 | |
| 29: Accrued liabilities | 139779 | 131526 | 92239 | 118598 | 401418 | 558466 | 349841 | 361700 | 730139 | 633190 | |
| 30: Deferred revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 272359 | 30833 | 30k | |
| 31: Other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2981418 | 1673364 | |
| 32: Non-current liabilities | 0 | 0 | 50k | 0 | 1077388 | 276250 | 12887817 | 15246350 | 0 | 0 | |
| 33: Long-term debt | 0 | 0 | 50k | 0 | 1077388 | 276250 | 0 | 0 | 0 | 0 | |
| 34: Capital leases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 35: Deferred taxes liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 36: Accrued liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 37: Deferred revenues | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 38: Pensions and other benefits | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 39: Minority interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 40: Other long-term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 12887817 | 15246350 | 0 | 0 | |
| 41: Stockholders' equity | 2363005 | -104296 | 2359481 | 1267715 | -484581 | 318343 | -11625145 | -14265547 | 3963183 | 8210587 | |
| 42: Preferred stock | 7403 | 8019 | 8848 | 6325 | 5887 | 1512 | 1594 | 1760 | 0 | 0 | |
| 43: Common stock | 24629 | 25045 | 25264 | 66375 | 122838 | 177626 | 214968 | 251320 | 23305 | 25397 | |
| 44: Other Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 45: Additional paid-in capital | 69757556 | 71400849 | 77786850 | 80097536 | 83375544 | 92696747 | 86903415 | 91343135 | 128106297 | 140126731 | |
| 46: Retained earnings | -67426583 | -71538209 | -75461481 | -78902521 | -83988850 | -92557542 | -98732460 | -105805775 | -124394120 | -132525858 | |
| 47: Treasury stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 48: Accumulated other comprehensive income | 0 | 0 | 0 | 0 | 0 | 0 | -12662 | -55987 | 227701 | 584317 | |
| 49: Total assets | 3445049 | 802572 | 3387185 | 2238480 | 1811926 | 2122542 | 3339408 | 4045735 | 8468625 | 11254366 | |
| 50: Total liabilities and stockholders' equity | 3445049 | 802572 | 3387185 | 2238480 | 1811926 | 2122542 | 3339408 | 4045735 | 8468625 | 11254366 | |
| 51: Total cash | 2873138 | 211613 | 2948815 | 1595628 | 1055669 | 1186653 | 1729344 | 2183030 | 5549827 | 7508851 | |
| 52: Total current assets | 2898018 | 412295 | 3065818 | 1964719 | 1400205 | 1697481 | 2939588 | 3486967 | 7607006 | 9860328 | |
| 53: Net property, plant and equipment | 303560 | 144457 | 52057 | 18853 | 144146 | 155067 | 145600 | 144393 | 245821 | 557289 | |
| 54: Total non-current assets | 547031 | 390277 | 321367 | 273761 | 411721 | 425061 | 399820 | 558768 | 861619 | 1394038 | |
| 55: Total current liabilities | 1082044 | 906868 | 977704 | 970765 | 1219119 | 1527949 | 2076736 | 3064932 | 4505442 | 3043779 | |
| 56: Total non-current liabilities | 0 | 0 | 50k | 0 | 1077388 | 276250 | 12887817 | 15246350 | 0 | 0 | |
| 57: Total liabilities | 1082044 | 906868 | 1027704 | 970765 | 2296507 | 1804199 | 14964553 | 18311282 | 4505442 | 3043779 | |
| 58: Total stockholders' equity | 2363005 | -104296 | 2359481 | 1267715 | -484581 | 318343 | -11625145 | -14265547 | 3963183 | 8210587 |
Cash Flow Details | Key Ratio H | Income H | Balance H | Cash H | Income D | Balance D | Cash D | Top
| 0: years | 2006-12 | 2007-12 | 2008-12 | 2009-12 | 2010-12 | 2011-12 | 2012-12 | 2013-12 | 2014-12 | 2015-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1: Cash Flows From Operating Activities | -2849182 | -2627839 | -2365349 | -2674613 | -2477258 | -3828527 | -3616447 | -3489320 | -6661193 | -9008934 | |
| 2: Net income | -7671580 | -3350754 | -3017890 | -2736715 | -2908865 | -5481648 | -3663506 | -4677795 | -9321672 | -8131738 | |
| 3: Depreciation & amortization | 1255526 | 190440 | 103701 | 51695 | 17804 | 39150 | 54606 | 64350 | 65547 | 112969 | |
| 4: Amortization of debt discount/premium and issuance costs | 0 | 0 | 0 | 0 | 48943 | 945434 | 471352 | 311248 | 198644 | 0 | |
| 5: Investment/asset impairment charges | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 6: Investments losses (gains) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 7: Deferred income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 8: (Gain) Loss from discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 9: Extraordinary items | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 10: Cumulative effect of accounting change | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 11: Stock based compensation | 0 | 0 | 0 | 0 | 0 | 0 | 63128 | 65468 | 695841 | 382284 | |
| 12: Accounts receivable | 0 | 0 | 0 | 0 | 0 | -36078 | -15701 | 0 | 0 | 0 | |
| 13: Inventory | 0 | 0 | 0 | 0 | 0 | -431022 | -251350 | 436764 | -303129 | -632535 | |
| 14: Prepaid expenses | -5619 | -175802 | 83679 | -252088 | 24555 | 300808 | -432365 | -129219 | -108153 | 178107 | |
| 15: Accounts payable | 0 | 0 | 0 | 666 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 16: Accrued liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 17: Interest payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 18: Income taxes payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 19: Other working capital | 68903 | -142165 | 58097 | 10239 | 190980 | -30706 | 157389 | -17073 | -190975 | 40834 | |
| 20: Other non-cash items | 3503588 | 850442 | 407064 | 251590 | 149325 | 865535 | 0 | 456937 | 2302704 | -958855 | |
| 21: Cash Flows From Investing Activities | -64863 | -33686 | -221659 | 185279 | -165449 | -52490 | -38806 | -216356 | -2311869 | -890900 | |
| 22: Investments in property, plant, and equipment | -64863 | -33686 | -22052 | -6411 | -139356 | -34672 | -19850 | -38684 | -153157 | -403608 | |
| 23: Property, plant, and equipment reductions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 24: Acquisitions, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 25: Purchases of investments | 0 | 0 | -393607 | 0 | 0 | 0 | 0 | 0 | -6689547 | -5678k | |
| 26: Sales/Maturities of investments | 0 | 0 | 194k | 199607 | 0 | 0 | 0 | 0 | 4745k | 5430547 | |
| 27: Investments in technologies | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 28: Sales of technologies | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 29: Purchases of intangibles | 0 | 0 | -22052 | -7917 | -26093 | -17818 | -18956 | -177672 | -214165 | -239839 | |
| 30: Sales of intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 31: Other investing activities | 0 | 0 | 22052 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 32: Cash Flows From Financing Activities | 5079927 | 0 | 5124603 | 1335754 | 2102748 | 4012001 | 4210606 | 4202687 | 10016906 | 11640242 | |
| 33: Debt issued | 0 | 0 | 225k | 0 | 1335250 | 1250k | 700k | 1843k | 0 | 0 | |
| 34: Debt repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 35: Preferred stock issued | 0 | 0 | 4899603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 36: Preferred stock repaid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 37: Warrant issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 139526 | 156250 | 0 | |
| 38: Common stock issued | 5079927 | 0 | 0 | 0 | 767498 | 2756860 | 350k | 0 | 0 | 0 | |
| 39: Common stock repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 40: Excess tax benefit from stock based compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 41: Dividend paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 42: Dividend payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 43: Other financing activities | 0 | 0 | 0 | 1335754 | 0 | 5141 | 10605 | 2220161 | 9860656 | 11640242 | |
| 44: Effect of exchange rate changes | 0 | 0 | 0 | 0 | 0 | 0 | -12662 | -43325 | 378406 | -28837 | |
| 45: Net change in cash | 2165882 | -2661525 | 2537595 | -1153580 | -539959 | 130984 | 542691 | 453686 | 1422250 | 1711571 | |
| 46: Cash at beginning of period | 707256 | 2873138 | 211613 | 2749208 | 1595628 | 1055669 | 1186653 | 1729344 | 2183030 | 3605280 | |
| 47: Cash at end of period | 2873138 | 211613 | 2749208 | 1595628 | 1055669 | 1186653 | 1729344 | 2183030 | 3605280 | 5316851 | |
| 48: Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 49: Operating cash flow | -2849182 | -2627839 | -2365349 | -2674613 | -2477258 | -3828527 | -3616447 | -3489320 | -6661193 | -9008934 | |
| 50: Capital expenditure | -64863 | -33686 | -22052 | -14328 | -165449 | -52490 | -38806 | -216356 | -367322 | -643447 | |
| 51: Free cash flow | -2914045 | -2661525 | -2387401 | -2688941 | -2642707 | -3881017 | -3655253 | -3705676 | -7028515 | -9652381 | |
| 52: Net cash provided by operating activities | -2849182 | -2627839 | -2365349 | -2674613 | -2477258 | -3828527 | -3616447 | -3489320 | -6661193 | -9008934 | |
| 53: Net cash used for investing activities | -64863 | -33686 | -221659 | 185279 | -165449 | -52490 | -38806 | -216356 | -2311869 | -890900 | |
| 54: Net cash provided by (used for) financing activities | 5079927 | 0 | 5124603 | 1335754 | 2102748 | 4012001 | 4210606 | 4202687 | 10016906 | 11640242 |