10-Q Filing

Dominari Holdings Inc. CIK: 12239 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-037164`
Period End Date	20120331
Filing Date	20120515
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	spex-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 29 Cash Flow Statement 39

Balance Sheet 72 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`	-	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$265.50K	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$282.45K	USD	Point-in-time
Patents, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$2.15K	USD	Point-in-time
Patents, accumulated amortization (in dollars)	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	-	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`	$4.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.54M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Trade accounts receivable, net of allowance of $0 and $8,174	`AccountsReceivableNetCurrent`	$146.10K	USD	Point-in-time
Preferred stock, series B shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Trade accounts receivable, net of allowance of $0 and $8,174	`AccountsReceivableNetCurrent`	$232.51K	USD	Point-in-time
Preferred stock, series B shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Preferred stock, series B shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$53.85K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$111.88K	USD	Point-in-time
Preferred stock, series B shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Prepaid research expenses	`OtherPrepaidExpenseCurrent`	$209.78K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$87.90K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$120.43K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.53M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	4.17M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	4.16M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $282,451 and $265,502	`PropertyPlantAndEquipmentNet`	$91.48K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $282,451 and $265,502	`PropertyPlantAndEquipmentNet`	$76.13K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.09M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8,043.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	8,043.00	shares	Point-in-time
Patents, net of accumulated amortization of $0 and $2,146	`FiniteLivedIntangibleAssetsNet`	-	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$35.62K	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$35.62K	USD	Point-in-time
Total assets	`Assets`	$5.27M	USD	Point-in-time
Total assets	`Assets`	$5.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$270.00K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$220.77K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$549.82K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$278.20K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$101.05K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$72.87K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$892.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$600.02K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$47.67K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$39.08K	USD	Point-in-time
Total liabilities	`Liabilities`	$639.10K	USD	Point-in-time
Total liabilities	`Liabilities`	$940.36K	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 March 31, 2012 and December 31, 2011	`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 March 31, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 50,000,000 shares authorized; 4,167,819 and 3,103,004 issued, 4,159,776 and 3,094,461 outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$31.03K	USD	Point-in-time
Common stock, $0.01 par value, 50,000,000 shares authorized; 4,167,819 and 3,103,004 issued, 4,159,776 and 3,094,461 outstanding at March 31, 2012 and December 31, 2011, respectively	`CommonStockValue`	$41.68K	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$43.35M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$42.30M	USD	Point-in-time
Treasury stock, 8,043 shares	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Treasury stock, 8,043 shares	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-37.15M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-38.30M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$4.71M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.27M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.66M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$209.56K	USD	1 Quarter
Revenue	`Revenues`	$306.30K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$109.46K	USD	1 Quarter
Direct costs	`DirectOperatingCosts`	$130.30K	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$371.40K	USD	1 Quarter
Research and development expense	`ResearchAndDevelopmentExpense`	$355.50K	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$885.67K	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$932.20K	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$1.42M	USD	1 Quarter
Total operating expense	`OperatingExpenses`	$1.37M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.16M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.11M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.22K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.02K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$44.63K	USD	1 Quarter
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	$845.00K	USD	1 Quarter
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-220.85K	USD	1 Quarter
Loss before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.16M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.48K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-235.34K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.16M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.31	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.10	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.10	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.31	USD	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.72M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.45M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.72M	shares	1 Quarter

Cash Flow Statement 39 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-235.34K	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.16M	USD	1 Quarter
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	$845.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.03K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.95K	USD	1 Quarter
Recovery of bad debt	`RecoveryOfBadDebt`	$13.53K	USD	1 Quarter
Recovery of bad debt	`RecoveryOfBadDebt`	$8.17K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$2.67K	USD	1 Quarter
Receivable	`IncreaseDecreaseInReceivables`	$-344.81K	USD	1 Quarter
Receivable	`IncreaseDecreaseInReceivables`	$-36.55K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-69.33K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-242.31K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-526.44K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-320.84K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-8.60K	USD	1 Quarter
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-7.47K	USD	1 Quarter
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-305.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-74.13K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$28.18K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.57M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-1.17M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquireProductiveAssets`	$2.37K	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquireProductiveAssets`	$1.60K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.37K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.60K	USD	1 Quarter
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$2.55M	USD	1 Quarter
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$1.07M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$2.55M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.07M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-102.51K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$969.48K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.81M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.54M	USD	Point-in-time

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