10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-15-176593 |
| Period End Date | 20150331 |
| Filing Date | 20150507 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | icad-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for doubtful accounts on trade accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$203.00K | USD | Point-in-time |
| Allowance for doubtful accounts on trade accounts receivable |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$82.00K | USD | Point-in-time |
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$5.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$32.22M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$38.40M | USD | Point-in-time |
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$4.86M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$20.27M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.88M | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $82 in 2015 and $203 in 2014 |
AccountsReceivableNetCurrent
|
$10.33M | USD | Point-in-time |
| Intangible assets, accumulated amortization |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$15.51M | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $82 in 2015 and $203 in 2014 |
AccountsReceivableNetCurrent
|
$9.64M | USD | Point-in-time |
| Intangible assets, accumulated amortization |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$14.74M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$2.71M | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$2.21M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$540.00K | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$599.00K | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$44.62M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$33.92M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation of $5,248 in 2015 and $4,861 in 2014 |
PropertyPlantAndEquipmentNet
|
$4.10M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation of $5,248 in 2015 and $4,861 in 2014 |
PropertyPlantAndEquipmentNet
|
$4.25M | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Other assets |
OtherAssetsMiscellaneousNoncurrent
|
$132.00K | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Other assets |
OtherAssetsMiscellaneousNoncurrent
|
$94.00K | USD | Point-in-time |
| Intangible assets, net of accumulated amortization of $15,510 in 2015 and $14,738 in 2014 |
IntangibleAssetsNetExcludingGoodwill
|
$16.73M | USD | Point-in-time |
| Intangible assets, net of accumulated amortization of $15,510 in 2015 and $14,738 in 2014 |
IntangibleAssetsNetExcludingGoodwill
|
$17.50M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.84M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
15.73M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.55M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
15.66M | shares | Point-in-time |
| Goodwill |
Goodwill
|
$27.26M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$27.38M | USD | Point-in-time |
| Total assets |
Assets
|
$93.77M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
185,831.00 | shares | Point-in-time |
| Total assets |
Assets
|
$82.22M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
185,831.00 | shares | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.15M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.17M | USD | Point-in-time |
| Accrued and other expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$4.46M | USD | Point-in-time |
| Accrued and other expenses |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$5.55M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$180.00K | USD | Point-in-time |
| Notes and lease payable - current portion |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$1.46M | USD | Point-in-time |
| Notes and lease payable - current portion |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$5.04M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$9.94M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$9.12M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$18.03M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.05M | USD | Point-in-time |
| Deferred revenue, long-term portion |
DeferredRevenueNoncurrent
|
$1.13M | USD | Point-in-time |
| Deferred revenue, long-term portion |
DeferredRevenueNoncurrent
|
$1.52M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$720.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$795.00K | USD | Point-in-time |
| Capital lease - long-term portion |
CapitalLeaseObligationsNoncurrent
|
$737.00K | USD | Point-in-time |
| Capital lease - long-term portion |
CapitalLeaseObligationsNoncurrent
|
$1.02M | USD | Point-in-time |
| Notes payable - long-term portion |
LongTermNotesPayable
|
$5.60M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$30.99M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.62M | USD | Point-in-time |
| Commitments and Contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 8) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $ .01 par value: authorized 1,000,000 shares; none issued. |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $ .01 par value: authorized 1,000,000 shares; none issued. |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $ .01 par value: authorized 20,000,000 shares; issued 15,844,320 in 2015 and 15,732,177 in 2014; outstanding 15,658,489 in 2015 and 15,546,346 in 2014 |
CommonStockValue
|
$158.00K | USD | Point-in-time |
| Common stock, $ .01 par value: authorized 20,000,000 shares; issued 15,844,320 in 2015 and 15,732,177 in 2014; outstanding 15,658,489 in 2015 and 15,546,346 in 2014 |
CommonStockValue
|
$157.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$209.77M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$209.10M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-146.92M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-145.06M | USD | Point-in-time |
| Treasury stock at cost, 185,831 shares in 2015 and 2014 |
TreasuryStockValue
|
$1.42M | USD | Point-in-time |
| Treasury stock at cost, 185,831 shares in 2015 and 2014 |
TreasuryStockValue
|
$1.42M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$62.78M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$61.60M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$82.22M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$93.77M | USD | Point-in-time |
Income Statement
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Products |
SalesRevenueGoodsNet
|
$4.21M | USD | 1 Quarter |
| Products |
SalesRevenueGoodsNet
|
$3.96M | USD | 1 Quarter |
| Service and supplies |
SalesRevenueServicesNet
|
$9.26M | USD | 1 Quarter |
| Service and supplies |
SalesRevenueServicesNet
|
$4.31M | USD | 1 Quarter |
| Total revenue |
SalesRevenueNet
|
$13.22M | USD | 1 Quarter |
| Total revenue |
SalesRevenueNet
|
$8.52M | USD | 1 Quarter |
| Products |
CostOfGoodsSold
|
$1.18M | USD | 1 Quarter |
| Products |
CostOfGoodsSold
|
$941.00K | USD | 1 Quarter |
| Service and supplies |
CostOfServices
|
$2.28M | USD | 1 Quarter |
| Service and supplies |
CostOfServices
|
$1.07M | USD | 1 Quarter |
| Amortization and depreciation |
CostOfGoodsSoldDepreciationAndAmortization
|
$331.00K | USD | 1 Quarter |
| Amortization and depreciation |
CostOfGoodsSoldDepreciationAndAmortization
|
$639.00K | USD | 1 Quarter |
| Total cost of revenue |
CostOfGoodsAndServicesSold
|
$3.86M | USD | 1 Quarter |
| Total cost of revenue |
CostOfGoodsAndServicesSold
|
$2.59M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$5.93M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$9.36M | USD | 1 Quarter |
| Engineering and product development |
ResearchAndDevelopmentExpense
|
$2.26M | USD | 1 Quarter |
| Engineering and product development |
ResearchAndDevelopmentExpense
|
$1.86M | USD | 1 Quarter |
| Marketing and sales |
SellingAndMarketingExpense
|
$3.83M | USD | 1 Quarter |
| Marketing and sales |
SellingAndMarketingExpense
|
$2.59M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.69M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.21M | USD | 1 Quarter |
| Amortization and depreciation |
DepreciationAndAmortization
|
$620.00K | USD | 1 Quarter |
| Amortization and depreciation |
DepreciationAndAmortization
|
$251.00K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$8.92M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$6.39M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-460.00K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$443.00K | USD | 1 Quarter |
| Loss from extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-1.72M | USD | 1 Quarter |
| Gain from change in fair value of warrant |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Gain from change in fair value of warrant |
FairValueAdjustmentOfWarrants
|
$-1.14M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$507.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$817.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$4.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$9.00K | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$-2.22M | USD | 1 Quarter |
| Other income (expense), net |
NonoperatingIncomeExpense
|
$323.00K | USD | 1 Quarter |
| Loss before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.78M | USD | 1 Quarter |
| Loss before income tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-137.00K | USD | 1 Quarter |
| Tax expense |
IncomeTaxExpenseBenefit
|
$53.00K | USD | 1 Quarter |
| Tax expense |
IncomeTaxExpenseBenefit
|
$79.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-190.00K | USD | 1 Quarter |
| Net loss and comprehensive loss |
NetIncomeLoss
|
$-1.86M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.12 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.02 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.02 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
11.43M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.61M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
11.43M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.61M | shares | 1 Quarter |
Cash Flow Statement
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-190.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.86M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$774.00K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$373.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$485.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$209.00K | USD | 1 Quarter |
| Bad debt provision |
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
$32.00K | USD | 1 Quarter |
| Bad debt provision |
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
$14.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$325.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$444.00K | USD | 1 Quarter |
| Amortization of debt discount and debt costs |
AmortizationOfFinancingCostsAndDiscounts
|
$300.00K | USD | 1 Quarter |
| Amortization of debt discount and debt costs |
AmortizationOfFinancingCostsAndDiscounts
|
$183.00K | USD | 1 Quarter |
| Interest on settlement obligations |
AmortizationOfSettlementObligations
|
$52.00K | USD | 1 Quarter |
| Interest on settlement obligations |
AmortizationOfSettlementObligations
|
$45.00K | USD | 1 Quarter |
| Deferred tax provision |
DeferredIncomeTaxesAndTaxCredits
|
$118.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-1.72M | USD | 1 Quarter |
| Gain from change in fair value of warrant |
FairValueAdjustmentOfWarrants
|
- | USD | 1 Quarter |
| Gain from change in fair value of warrant |
FairValueAdjustmentOfWarrants
|
$-1.14M | USD | 1 Quarter |
| Loss on disposal of assets |
GainLossOnDispositionOfAssets
|
$-102.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-60.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$723.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$74.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$383.00K | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-30.00K | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$112.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-799.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$15.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-1.56M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-593.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$431.00K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-119.00K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$1.69M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-1.48M | USD | 1 Quarter |
| Net cash used for operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-168.00K | USD | 1 Quarter |
| Net cash used for operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-1.67M | USD | 1 Quarter |
| Additions to patents, technology and other |
PaymentsToAcquireIntangibleAssets
|
$15.00K | USD | 1 Quarter |
| Additions to patents, technology and other |
PaymentsToAcquireIntangibleAssets
|
$11.00K | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$534.00K | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$202.00K | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-217.00K | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-545.00K | USD | 1 Quarter |
| Issuance of common stock for cash, net |
ProceedsFromIssuanceOfCommonStock
|
$28.24M | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromStockOptionsExercised
|
$291.00K | USD | 1 Quarter |
| Stock option exercises |
ProceedsFromStockOptionsExercised
|
$287.00K | USD | 1 Quarter |
| Taxes paid related to restricted stock issuance |
TaxesPaidRelatedToRestrictedStockIssuance
|
$101.00K | USD | 1 Quarter |
| Taxes paid related to restricted stock issuance |
TaxesPaidRelatedToRestrictedStockIssuance
|
$60.00K | USD | 1 Quarter |
| Principal payments of capital lease obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$32.00K | USD | 1 Quarter |
| Principal payments of capital lease obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$214.00K | USD | 1 Quarter |
| Principal repayment of debt financing, net |
RepaymentsOfDebt
|
$11.25M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-11.23M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$28.40M | USD | 1 Quarter |
| Increase (decrease) in cash and equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$26.52M | USD | 1 Quarter |
| Increase (decrease) in cash and equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-11.95M | USD | 1 Quarter |
| Cash and equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$32.22M | USD | Point-in-time |
| Cash and equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.40M | USD | Point-in-time |
| Cash and equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.27M | USD | Point-in-time |
| Cash and equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.88M | USD | Point-in-time |
| Cash and equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$32.22M | USD | Point-in-time |
| Cash and equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.40M | USD | Point-in-time |
| Cash and equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$20.27M | USD | Point-in-time |
| Cash and equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$11.88M | USD | Point-in-time |
| Interest paid |
InterestPaid
|
$483.00K | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$367.00K | USD | 1 Quarter |
| Taxes paid |
IncomeTaxesPaid
|
$38.00K | USD | 1 Quarter |
| Taxes paid |
IncomeTaxesPaid
|
$56.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.