10-Q Filing

UNI-PIXEL CIK: 1171012 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001185185-13-000960`
Period End Date	20130331
Filing Date	20130430
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	unxl-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 45 Income Statement 25 Cash Flow Statement 47 Stockholders Equity 21

Balance Sheet 45 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.53M	USD	Point-in-time
Accumulated depreciation (in Dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.75M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.22M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.71M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Prepaid expenses	`OtherAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses	`OtherAssetsCurrent`	$160.32K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$15.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	10.39M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$13.16M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.85M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	10.39M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.85M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $2,750,788 and $2,531,917, at March 31, 2013 and December 31, 2012, respectively	`PropertyPlantAndEquipmentNet`	$1.54M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $2,750,788 and $2,531,917, at March 31, 2013 and December 31, 2012, respectively	`PropertyPlantAndEquipmentNet`	$3.68M	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`	$19.41M	USD	Point-in-time
Total assets	`Assets`	$14.71M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$348.68K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$419.52K	USD	Point-in-time
Bonus accrual	`OtherAccruedLiabilitiesCurrent`	$273.68K	USD	Point-in-time
Bonus accrual	`OtherAccruedLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$348.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$693.19K	USD	Point-in-time
Total liabilities	`Liabilities`	$693.19K	USD	Point-in-time
Total liabilities	`Liabilities`	$348.68K	USD	Point-in-time
Commitments and contingencies (Note 3)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 3)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 100,000,000 shares authorized, 10,385,386 shares issued and outstanding at March 31, 2013 and 9,854,268 shares issued and outstanding at December 31, 2012	`CommonStockValue`	$9.85K	USD	Point-in-time
Common stock, $0.001 par value; 100,000,000 shares authorized, 10,385,386 shares issued and outstanding at March 31, 2013 and 9,854,268 shares issued and outstanding at December 31, 2012	`CommonStockValue`	$10.38K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$85.67M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$89.07M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-71.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-70.37M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$18.71M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$14.37M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$8.30M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$14.71M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$19.41M	USD	Point-in-time

Income Statement 25 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueNet`	$3.56K	USD	1 Quarter
Revenue	`SalesRevenueNet`	$5.07M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$1.37K	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$3.04K	USD	1 Quarter
Gross margin	`GrossProfit`	$5.07M	USD	1 Quarter
Gross margin	`GrossProfit`	$2.19K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$929.07K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.18M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.94M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.12M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-2.05M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$946.42K	USD	1 Quarter
Interest income, net	`InterestExpense`	$-990.00	USD	1 Quarter
Interest income, net	`InterestExpense`	$-1.57K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$947.41K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.02M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.05M	USD	1 Quarter
Net income (loss) - basic (in Dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Net income (loss) - basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Net income (loss) - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Net income (loss) - diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Weighted average number of basic common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	10.07M	shares	1 Quarter
Weighted average number of basic common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.14M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.14M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.87M	shares	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Common Stock Issued (in Dollars)	`StockIssued1`	$137.78K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$947.41K	USD	1 Quarter
Cashless Exercise of Warrants	`ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised`	198,721.00	shares	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.02M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.05M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$126.87K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$218.87K	USD	1 Quarter
Restricted stock issuance	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Restricted stock issuance	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$221.89K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$631.41K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$615.62K	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	-	USD	1 Quarter
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.55K	USD	1 Quarter
Decrease in prepaid assets and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-160.32K	USD	1 Quarter
Decrease in prepaid assets and other current assets	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.23K	USD	1 Quarter
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$70.83K	USD	1 Quarter
Increase in bonus accrual	`IncreaseDecreaseInOtherAccruedLiabilities`	-	USD	1 Quarter
Increase in bonus accrual	`IncreaseDecreaseInOtherAccruedLiabilities`	$273.68K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.28M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.52M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.36M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.07K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.07K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.36M	USD	1 Quarter
Proceeds from exercise of warrants, net	`ProceedsFromWarrantExercises`	$115.98K	USD	1 Quarter
Proceeds from exercise of warrants, net	`ProceedsFromWarrantExercises`	-	USD	1 Quarter
Proceeds from exercise of stock options, net	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options, net	`ProceedsFromStockOptionsExercised`	$2.43M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.55M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.71M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.30M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.71M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.22M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.22M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.92M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.71M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for interest	`InterestPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Issuance of 137,778 shares of common stock in exchange for the cashless exercise of warrants to purchase 198,721 shares of common stock	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$771.25K	USD	1 Quarter
Issuance of 137,778 shares of common stock in exchange for the cashless exercise of warrants to purchase 198,721 shares of common stock	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$18.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$8.30M	USD	Point-in-time
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.48M	USD	Annual
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$631.41K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueOther`	$115.98K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueOther`	$87.51K	USD	Annual
Exercise of warrants (in Shares)	`StockIssuedDuringPeriodSharesOther`	21,622.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$12.50K	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.43M	USD	1 Quarter
Exercise of stock options (in Shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	371,718.00	shares	1 Quarter
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$228.16K	USD	Annual
Issuance of restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$221.89K	USD	1 Quarter
Issuance of restricted stock (in Shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	3.00	shares	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$12.27M	USD	Annual
Net loss	`NetIncomeLoss`	$947.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-9.02M	USD	Annual
Net loss	`NetIncomeLoss`	$-2.05M	USD	1 Quarter
Balance	`StockholdersEquity`	$18.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$14.37M	USD	Point-in-time
Balance	`StockholdersEquity`	$8.30M	USD	Point-in-time

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