10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000808326-17-000004 |
| Period End Date | 20161231 |
| Filing Date | 20170207 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | emkr-20161231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$33.00K | USD | Point-in-time |
| Allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$36.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.18M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$63.91M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$111.89M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$115.52M | USD | Point-in-time |
| Allowance for non-current assets |
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$965.00K | USD | Point-in-time |
| Allowance for non-current assets |
AllowanceForDoubtfulAccountsReceivableNoncurrent
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$562.00K | USD | Point-in-time |
| Accounts receivable, net of allowance of $33 and $36, respectively |
AccountsReceivableNetCurrent
|
$21.03M | USD | Point-in-time |
| Accounts receivable, net of allowance of $33 and $36, respectively |
AccountsReceivableNetCurrent
|
$18.43M | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Inventory |
InventoryCurrent
|
$28.20M | USD | Point-in-time |
| Inventory |
InventoryCurrent
|
$24.15M | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
5.88M | shares | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
5.88M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.56M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.76M | USD | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$111.22M | USD | Point-in-time |
| Preferred stock, shares issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$115.53M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$12.21M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$14.04M | USD | Point-in-time |
| Common stock, par value (USD per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Non-current inventory |
InventoryNoncurrent
|
$3.53M | USD | Point-in-time |
| Common stock, par value (USD per share) |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Non-current inventory |
InventoryNoncurrent
|
$3.56M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Other non-current assets, net of allowance of $0 |
OtherAssetsNoncurrent
|
$257.00K | USD | Point-in-time |
| Other non-current assets, net of allowance of $0 |
OtherAssetsNoncurrent
|
$251.00K | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Total assets |
Assets
|
$133.40M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
33.15M | shares | Point-in-time |
| Total assets |
Assets
|
$127.21M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
33.19M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
26.24M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
26.27M | shares | Point-in-time |
| Treasury stock, shares held (in shares) |
TreasuryStockShares
|
6.91M | shares | Point-in-time |
| Treasury stock, shares held (in shares) |
TreasuryStockShares
|
6.91M | shares | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$14.81M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$10.57M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$7.33M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$7.68M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$18.26M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.14M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$1.59M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$1.57M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$60.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$62.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$19.89M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$23.79M | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 11) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 5,882 shares authorized; none issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 5,882 shares authorized; none issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, no par value, 50,000 shares authorized; 33,185 shares issued and 26,275 shares outstanding as of December 31, 2016; 33,154 shares issued and 26,244 shares outstanding as of September 30, 2016 |
CommonStockValue
|
$726.68M | USD | Point-in-time |
| Common stock, no par value, 50,000 shares authorized; 33,185 shares issued and 26,275 shares outstanding as of December 31, 2016; 33,154 shares issued and 26,244 shares outstanding as of September 30, 2016 |
CommonStockValue
|
$725.88M | USD | Point-in-time |
| Treasury stock at cost; 6,910 shares |
TreasuryStockValue
|
$47.72M | USD | Point-in-time |
| Treasury stock at cost; 6,910 shares |
TreasuryStockValue
|
$47.72M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$579.00K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$319.00K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-571.42M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-569.66M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$107.32M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$109.61M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$127.21M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$133.40M | USD | Point-in-time |
Income Statement
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$30.18M | USD | 1 Quarter |
| Revenue |
Revenues
|
$22.49M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$20.13M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$15.09M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$7.40M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$10.04M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$5.58M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$4.82M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$2.20M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$2.56M | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$7.38M | USD | 1 Quarter |
| Total operating expense |
OperatingExpenses
|
$7.78M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$2.27M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$20.00K | USD | 1 Quarter |
| Interest income (expense), net |
InterestIncomeExpenseNet
|
$-17.00K | USD | 1 Quarter |
| Interest income (expense), net |
InterestIncomeExpenseNet
|
$23.00K | USD | 1 Quarter |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-135.00K | USD | 1 Quarter |
| Foreign exchange loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-403.00K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-152.00K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-380.00K | USD | 1 Quarter |
| Income (loss) from continuing operations before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-132.00K | USD | 1 Quarter |
| Income (loss) from continuing operations before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.89M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$120.00K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$2.00K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$2.00K | USD | Annual |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$1.77M | USD | 1 Quarter |
| Income (loss) from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-134.00K | USD | 1 Quarter |
| (Loss) income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$-9.00K | USD | 1 Quarter |
| (Loss) income from discontinued operations, net of tax |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$1.12M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.76M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$987.00K | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-88.00K | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$-260.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$1.50M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$899.00K | USD | 1 Quarter |
| Net income (loss) per basic share, continuing operations, (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
- | USD | 1 Quarter |
| Net income (loss) per basic share, continuing operations, (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.07 | USD | 1 Quarter |
| Net income per basic share, discontinued operations (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
$0.04 | USD | 1 Quarter |
| Net income per basic share, discontinued operations (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
- | USD | 1 Quarter |
| Net income per basic share (in usd per share) |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Net income per basic share (in usd per share) |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Net income (loss) per diluted share, continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
- | USD | 1 Quarter |
| Net income (loss) per diluted share, continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.07 | USD | 1 Quarter |
| Net income per diluted share, discontinued operations (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
- | USD | 1 Quarter |
| Net income per diluted share, discontinued operations (in usd per share) |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
$0.04 | USD | 1 Quarter |
| Net income per diluted share (in usd per share) |
EarningsPerShareDiluted
|
$0.04 | USD | 1 Quarter |
| Net income per diluted share (in usd per share) |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Weighted-average number of basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.28M | shares | 1 Quarter |
| Weighted-average number of basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
25.70M | shares | 1 Quarter |
| Weighted-average number of basic shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
25.70M | shares | 1 Quarter |
| Weighted-average number of basic shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
27.04M | shares | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$1.76M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$987.00K | USD | 1 Quarter |
| Depreciation, amortization and accretion expense |
DepreciationDepletionAndAmortization
|
$758.00K | USD | 1 Quarter |
| Depreciation, amortization and accretion expense |
DepreciationDepletionAndAmortization
|
$506.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$772.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$387.00K | USD | 1 Quarter |
| Provision adjustments related to doubtful accounts |
ProvisionForDoubtfulAccounts
|
$4.00K | USD | 1 Quarter |
| Provision adjustments related to doubtful accounts |
ProvisionForDoubtfulAccounts
|
- | USD | 1 Quarter |
| Provision adjustments related to product warranty |
ProductWarrantyExpense
|
$146.00K | USD | 1 Quarter |
| Provision adjustments related to product warranty |
ProductWarrantyExpense
|
$88.00K | USD | 1 Quarter |
| Gain on settlement of solar power assets and obligations |
GainLossonTransferofProductiveAssets
|
$689.00K | USD | 1 Quarter |
| Gain on settlement of solar power assets and obligations |
GainLossonTransferofProductiveAssets
|
- | USD | 1 Quarter |
| Gain on settlement of Newark lease |
GainLossOnContractTermination
|
$310.00K | USD | 1 Quarter |
| Gain on settlement of Newark lease |
GainLossOnContractTermination
|
- | USD | 1 Quarter |
| Total non-cash adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$1.62M | USD | 1 Quarter |
| Total non-cash adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$44.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.65M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-2.88M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-2.12M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$4.55M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.44M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-149.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$4.82M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-43.00K | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-495.00K | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.69M | USD | 1 Quarter |
| Total change in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$2.72M | USD | 1 Quarter |
| Total change in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$-4.70M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.73M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$659.00K | USD | 1 Quarter |
| Purchase of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.68M | USD | 1 Quarter |
| Purchase of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.24M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.68M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.24M | USD | 1 Quarter |
| Proceeds from stock plans |
ProceedsFromStockPlans
|
$104.00K | USD | 1 Quarter |
| Proceeds from stock plans |
ProceedsFromStockPlans
|
$186.00K | USD | 1 Quarter |
| Decrease (increase) in restricted cash |
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
$-728.00K | USD | 1 Quarter |
| Decrease (increase) in restricted cash |
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
$403.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-542.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$507.00K | USD | 1 Quarter |
| Effect of exchange rate changes on foreign currency |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$352.00K | USD | 1 Quarter |
| Effect of exchange rate changes on foreign currency |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$121.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-1.72M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.63M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.18M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$63.91M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$111.89M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$115.52M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.18M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$63.91M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$111.89M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$115.52M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaid
|
$20.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaid
|
$23.00K | USD | 1 Quarter |
| Cash paid during the period for income taxes |
IncomeTaxesPaid
|
$2.00K | USD | 1 Quarter |
| Cash paid during the period for income taxes |
IncomeTaxesPaid
|
$108.00K | USD | 1 Quarter |
| Changes in accounts payable related to purchases of equipment |
IncreaseDecreaseinAccountsPayableRelatedtoPropertyandEquipmentPurchases
|
$-455.00K | USD | 1 Quarter |
| Changes in accounts payable related to purchases of equipment |
IncreaseDecreaseinAccountsPayableRelatedtoPropertyandEquipmentPurchases
|
$-206.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.