10-Q Filing

UNI-PIXEL CIK: 1171012 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001185185-11-000593`
Period End Date	20110331
Filing Date	20110509
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	unxl-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 25 Cash Flow Statement 35 Stockholders Equity 20

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.54M	USD	Point-in-time
Accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.60M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$307.85K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$437.99K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$77.89K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$59.13K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.13M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$223.94K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.29M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$13.13M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,596,874 and $1,543,839, at March 31, 2011 and December 31, 2010, respectively	`PropertyPlantAndEquipmentNet`	$70.73K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,596,874 and $1,543,839, at March 31, 2011 and December 31, 2010, respectively	`PropertyPlantAndEquipmentNet`	$736.79K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$17.44K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$17.44K	USD	Point-in-time
Total assets	`Assets`	$12.04M	USD	Point-in-time
Total assets	`Assets`	$13.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$168.11K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$341.54K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$85.91K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$85.91K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$427.45K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.01K	USD	Point-in-time
Total liabilities	`Liabilities`	$427.45K	USD	Point-in-time
Total liabilities	`Liabilities`	$254.01K	USD	Point-in-time
Common stock, $0.001 par value; 100,000,000 shares authorized, 7,131,890 shares issued and outstanding at March 31, 2011 and December 31, 2010	`CommonStockValue`	$7.13K	USD	Point-in-time
Common stock, $0.001 par value; 100,000,000 shares authorized, 7,131,890 shares issued and outstanding at March 31, 2011 and December 31, 2010	`CommonStockValue`	$7.13K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$66.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$68.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-53.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-56.82M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$12.79M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$11.79M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-2.13M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$12.04M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$13.22M	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$63.54K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$51.59K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$7.69K	USD	1 Quarter
Gross margin	`GrossProfit`	$43.89K	USD	1 Quarter
Gross margin	`GrossProfit`	$63.54K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.52M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$851.11K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-1.94M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.10M	USD	1 Quarter
Debt issuance expense	`DebtRelatedCommitmentFeesAndDebtIssuanceCosts`	$142.61K	USD	1 Quarter
Interest income (expense), net	`InterestExpense`	$-3.75K	USD	1 Quarter
Interest income (expense), net	`InterestExpense`	$66.33K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.82M	USD	Annual
Net loss basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Net loss basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.62	USD	1 Quarter
Net loss diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Net loss diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.62	USD	1 Quarter
Weighted average number of basic common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	3.47M	shares	1 Quarter
Weighted average number of basic common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.13M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.13M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.47M	shares	1 Quarter

Cash Flow Statement 35 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.82M	USD	Annual
Depreciation and amortization	`OtherDepreciationAndAmortization`	$77.69K	USD	1 Quarter
Depreciation and amortization	`OtherDepreciationAndAmortization`	$53.03K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.36M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$2.35M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$2.09M	USD	1 Quarter
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$142.61K	USD	1 Quarter
Amortization of discounts on notes payable	`AmortizationOfDebtDiscountPremium`	$15.45K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$18.76K	USD	1 Quarter
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.38K	USD	1 Quarter
Increase in prepaid assets and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-223.94K	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-173.43K	USD	1 Quarter
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.77K	USD	1 Quarter
Increase in accrued interest payable	`IncreaseDecreaseInInterestPayableNet`	$50.88K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-536.13K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.33M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$719.09K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-719.09K	USD	1 Quarter
Proceeds from convertible notes payable	`ProceedsFromConvertibleDebt`	$775.00K	USD	1 Quarter
Payment of deferred loan costs	`PaymentsOfDebtIssuanceCosts`	$108.73K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$666.27K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$130.14K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.04M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$307.85K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$437.99K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$307.85K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$437.99K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Issuance of warrants to convertible note investors	`OtherSignificantNoncashTransactionValueOfConsiderationGiven`	$12.01K	USD	Point-in-time
Issuance of warrants to Placement Agent	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$60.55K	USD	1 Quarter

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$12.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.13M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$15.28M	USD	Annual
Conversion of debt and accrued interest into common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.04M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$2.35M	USD	Annual
Stock compensation expense	`ShareBasedCompensation`	$2.09M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.36M	USD	1 Quarter
Issuance of warrants to convertible note investors	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$12.01K	USD	Annual
Issuance of warrants to placement agent	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$60.55K	USD	Annual
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.15M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.82M	USD	Annual
Balance	`StockholdersEquity`	$12.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$11.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.13M	USD	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time
Balance (in Shares)	`CommonStockSharesOutstanding`	7.13M	shares	Point-in-time

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