10-Q Filing

Dominari Holdings Inc. CIK: 12239 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001104659-11-063226`
Period End Date	20110930
Filing Date	20111110
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	spex-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 55 Cash Flow Statement 41

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.17K	USD	Point-in-time
Trade accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$65.00K	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$248.64K	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$197.97K	USD	Point-in-time
Patents, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$50.73K	USD	Point-in-time
Patents, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.04K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.02M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Trade accounts receivable, net of allowance of $8,174 and $65,000	`AccountsReceivableNetCurrent`	$167.04K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Trade accounts receivable, net of allowance of $8,174 and $65,000	`AccountsReceivableNetCurrent`	$285.86K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Grants receivable	`GrantsReceivableCurrent`	$270.13K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$74.11K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$81.97K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid research expenses	`OtherPrepaidExpenseCurrent`	$211.93K	USD	Point-in-time
Prepaid research expenses	`OtherPrepaidExpenseCurrent`	$464.32K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.57M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.14K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$155.26K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.14M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.14M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.82M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.56M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8,043.00	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $248,642 and $197,971	`PropertyPlantAndEquipmentNet`	$154.16K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8,043.00	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $248,642 and $197,971	`PropertyPlantAndEquipmentNet`	$108.34K	USD	Point-in-time
Patents, net of accumulated amortization of $2,044 and $50,725	`FiniteLivedIntangibleAssetsNet`	$2.30K	USD	Point-in-time
Patents, net of accumulated amortization of $2,044 and $50,725	`FiniteLivedIntangibleAssetsNet`	$102.00	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$35.62K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$35.62K	USD	Point-in-time
Total assets	`Assets`	$5.63M	USD	Point-in-time
Total assets	`Assets`	$7.02M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.21M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$250.38K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$563.71K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$432.05K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$68.44K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$170.64K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$750.88K	USD	Point-in-time
Deferred compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$550.00K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$80.94K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$56.28K	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$807.15K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 2,000,000 shares authorized; 5,250 series B issued and 1 outstanding at September 30, 2011 and December 31, 2010	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 2,000,000 shares authorized; 5,250 series B issued and 1 outstanding at September 30, 2011 and December 31, 2010	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 5,000,000 shares authorized; 2,570,531 and 2,143,631 issued, 2,562,488 and 2,135,588 outstanding at September 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$21.44K	USD	Point-in-time
Common stock, $0.01 par value, 5,000,000 shares authorized; 2,570,531 and 2,143,631 issued, 2,562,488 and 2,135,588 outstanding at September 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$25.70K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$41.11M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$38.57M	USD	Point-in-time
Treasury stock, 8,043 shares, at cost at September 30, 2011 and December 31, 2010	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Treasury stock, 8,043 shares, at cost at September 30, 2011 and December 31, 2010	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-35.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.69M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.63M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.02M	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$1.03M	USD	3 Qtrs
Revenue	`Revenues`	$690.82K	USD	3 Qtrs
Revenue	`Revenues`	$368.84K	USD	1 Quarter
Revenue	`Revenues`	$198.46K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$336.71K	USD	3 Qtrs
Direct costs	`DirectOperatingCosts`	$353.74K	USD	3 Qtrs
Direct costs	`DirectOperatingCosts`	$121.84K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$87.40K	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$4.31M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$1.45M	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$1.13M	USD	3 Qtrs
Research and development expense	`ResearchAndDevelopmentExpense`	$371.33K	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.27M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$3.21M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$933.51K	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$653.65K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.88M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.74M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-913.91K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.14M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-6.85M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.05M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$5.27K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.68K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.05K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$595.00	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$53.01K	USD	3 Qtrs
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	$845.00K	USD	3 Qtrs
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.84M	USD	3 Qtrs
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.15M	USD	3 Qtrs
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.14M	USD	1 Quarter
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-913.32K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.48K	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-913.32K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.84M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.14M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.16M	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.36	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.25	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.86	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-3.99	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.25	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.36	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.86	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-3.99	USD	3 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.52M	shares	3 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.72M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.72M	shares	3 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.56M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.56M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.72M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.52M	shares	3 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.72M	shares	3 Qtrs

Cash Flow Statement 41 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-913.32K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.84M	USD	3 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.14M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.16M	USD	3 Qtrs
Gain on settlement of obligation	`GainLossRelatedToLitigationSettlement`	$845.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.54K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$52.87K	USD	3 Qtrs
Recovery of bad debt	`RecoveryOfBadDebt`	$13.53K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$8.17K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$40.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$37.08K	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$148.94K	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-386.43K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-165.40K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-404.51K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-492.83K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$45.47K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-24.67K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-21.30K	USD	3 Qtrs
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-305.00K	USD	3 Qtrs
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-30.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-102.20K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$164.50K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-6.53M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.09M	USD	3 Qtrs
Proceeds from the maturity of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$375.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.85K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$375.00K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-4.85K	USD	3 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$2.55M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.55M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-553.14K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-6.16M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.02M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.03M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.02M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time

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