10-K Filing

Dominari Holdings Inc. CIK: 12239 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001415889-13-000470`
Period End Date	20121231
Filing Date	20130320
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	spex-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 50 Cash Flow Statement 60 Stockholders Equity 11

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$308.39K	USD	Point-in-time
Property and equipment, accumulated depreciation (in dollars)	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$244.71K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Trade accounts receivable, net of allowance of $0 and $8,174	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Trade accounts receivable, net of allowance of $0 and $8,174	`AccountsReceivableNetCurrent`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, series B shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$293.00	USD	Point-in-time
Preferred stock, series B shares issued	`PreferredStockSharesIssued`	5,250.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.42K	USD	Point-in-time
Preferred stock, series B shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Prepaid research expenses	`OtherPrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid research expenses	`OtherPrepaidExpenseCurrent`	$209.78K	USD	Point-in-time
Preferred stock, series B shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$116.56K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$100.47K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	814,114.00	shares	Point-in-time
Assets of segment held for sale	`AssetsHeldForSaleAtCarryingValue`	$104.27K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	155,150.00	shares	Point-in-time
Assets of segment held for sale	`AssetsHeldForSaleAtCarryingValue`	$289.93K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	401.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	401.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.71M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $308,386 and $244,711	`PropertyPlantAndEquipmentNet`	$85.37K	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $308,386 and $244,711	`PropertyPlantAndEquipmentNet`	$24.01K	USD	Point-in-time
Patents, net of accumulated amortization of $0 and $2,146	`FiniteLivedIntangibleAssetsNet`	-	USD	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`	$25.62K	USD	Point-in-time
Assets of segment held for sale, non-current	`OtherAssetsHeldForSale`	$6.11K	USD	Point-in-time
Assets of segment held for sale, non-current	`OtherAssetsHeldForSale`	-	USD	Point-in-time
Total assets	`Assets`	$4.76M	USD	Point-in-time
Total assets	`Assets`	$5.66M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$425.77K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$270.00K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$280.26K	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$242.55K	USD	Point-in-time
Liabilities of segment held for sale	`LiabilitiesOfAssetsHeldForSale`	$380.14K	USD	Point-in-time
Liabilities of segment held for sale	`LiabilitiesOfAssetsHeldForSale`	$25.04K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$892.68K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$731.08K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$47.67K	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$45.08K	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesNoncurrent`	$3.13M	USD	Point-in-time
Warrant liability	`DerivativeLiabilitiesNoncurrent`	$916.62K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.90M	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 5,250 series B issued and 1 outstanding at December 31, 2012, and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 5,250 series B issued and 1 outstanding at December 31, 2012, and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 814,114 and 155,150 issued, 813,713 and 154,749 outstanding at December 31, 2012 and 2011, respectively	`CommonStockValue`	$16.00	USD	Point-in-time
Common stock, $0.0001 par value, 50,000,000 shares authorized; 814,114 and 155,150 issued, 813,713 and 154,749 outstanding at December 31, 2012 and 2011, respectively	`CommonStockValue`	$82.00	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$36.63M	USD	Point-in-time
Paid-in capital in excess of par value	`AdditionalPaidInCapital`	$35.72M	USD	Point-in-time
Treasury stock, 401 shares	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Treasury stock, 401 shares	`TreasuryStockValue`	$464.79K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-35.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-31.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$854.48K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.66M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$19.92K	USD	Annual
Revenue	`Revenues`	-	USD	Annual
Research and development expense	`ResearchAndDevelopmentExpense`	$727.09K	USD	Annual
Research and development expense	`ResearchAndDevelopmentExpense`	$1.65M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.55M	USD	Annual
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$2.76M	USD	Annual
Total operating expenses	`OperatingExpenses`	$3.49M	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.19M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-4.19M	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-3.47M	USD	Annual
Other Income from Change in Fair Value of Warrants	`FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome`	$-1.20M	USD	Annual
Other Income from Change in Fair Value of Warrants	`FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome`	$-3.72M	USD	Annual
Loss on issuance of warrants	`LossOnIssuanceOfWarrants`	$621.98K	USD	Annual
Loss on issuance of warrants	`LossOnIssuanceOfWarrants`	$4.98K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$3.46K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$3.47K	USD	Annual
Other income	`OtherNonoperatingIncome`	$51.26K	USD	Annual
Other income	`OtherNonoperatingIncome`	-	USD	Annual
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	$-845.00K	USD	Annual
(Loss) income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$417.60K	USD	Annual
(Loss) income from continuing operations before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.89M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefitContinuingOperations`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefitContinuingOperations`	$14.48K	USD	Annual
(Loss) income from continuing operations	`IncomeLossFromContinuingOperations`	$403.11K	USD	Annual
(Loss) income from continuing operations	`IncomeLossFromContinuingOperations`	$-2.89M	USD	Annual
Loss from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-383.53K	USD	Annual
Loss from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-968.99K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-383.53K	USD	Annual
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-968.99K	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-3.86M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$19.59K	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.07	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-10.56	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-3.54	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-2.92	USD	Annual
Net (loss) income per share	`EarningsPerShareBasic`	$0.15	USD	Annual
Net (loss) income per share	`EarningsPerShareBasic`	$-14.10	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-10.56	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-2.37	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-3.54	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-2.77	USD	Annual
Net loss per share	`EarningsPerShareDiluted`	$-14.10	USD	Annual
Net loss per share	`EarningsPerShareDiluted`	$-5.14	USD	Annual
Weighted average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	131,285.00	shares	Annual
Weighted average shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	273,567.00	shares	Annual
Weighted average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	138,346.00	shares	Annual
Weighted average shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	273,567.00	shares	Annual

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-3.86M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$19.59K	USD	Annual
Other Income from Change in Fair Value of Warrants	`FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome`	$-1.20M	USD	Annual
Other Income from Change in Fair Value of Warrants	`FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLossIncludedInOtherIncome`	$-3.72M	USD	Annual
Issuance costs of warrants accounted for at fair value	`ProceedsFromIssuanceOfWarrants`	$245.51K	USD	Annual
Issuance costs of warrants accounted for at fair value	`ProceedsFromIssuanceOfWarrants`	$230.60K	USD	Annual
Loss on issuance of warrants	`LossOnIssuanceOfWarrants`	$621.98K	USD	Annual
Loss on issuance of warrants	`LossOnIssuanceOfWarrants`	$4.98K	USD	Annual
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	-	USD	Annual
Gain on settlement of obligations	`GainLossRelatedToLitigationSettlement`	$-845.00K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$66.31K	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.67K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$35.53K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$56.45K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$8.17K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-8.17K	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$262.33K	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$5.04K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$289.83K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$235.87K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-366.88K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$193.49K	USD	Annual
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-33.27K	USD	Annual
Deferred rent	`IncreaseDecreaseInOtherDeferredLiability`	$-2.59K	USD	Annual
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	-	USD	Annual
Deferred compensation	`IncreaseDecreaseInDeferredCompensation`	$-305.00K	USD	Annual
Net cash used in activities of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-4.35M	USD	Annual
Net cash used in activities of continuing operations	`NetCashProvidedByUsedInContinuingOperations`	$-3.65M	USD	Annual
Net cash used in activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-10.04K	USD	Annual
Net cash used in activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-167.43K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-3.82M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.36M	USD	Annual
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.31K	USD	Annual
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.37K	USD	Annual
Net cash used in activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.31K	USD	Annual
Net cash used in activities of continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.37K	USD	Annual
Net cash provided by (used in) activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-2.48K	USD	Annual
Net cash provided by (used in) activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$4.10K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.79K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.85K	USD	Annual
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$3.72M	USD	Annual
Proceeds from issuance of common stock and warrants	`ProceedsFromIssuanceOfCommonStock`	$4.03M	USD	Annual
Issuance cost of common stock and warrants	`PaymentsOfStockIssuanceCosts`	$-322.52K	USD	Annual
Issuance cost of common stock and warrants	`PaymentsOfStockIssuanceCosts`	$-333.80K	USD	Annual
Reverse stock split fractional shares payment	`PaymentsForReverseStockSplitFractionalSharesPayment`	-	USD	Annual
Reverse stock split fractional shares payment	`PaymentsForReverseStockSplitFractionalSharesPayment`	$1.69K	USD	Annual
Net cash provided by activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.70M	USD	Annual
Net cash provided by activities of continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.40M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.40M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.70M	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-413.11K	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-663.96K	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.50M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.91M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$4.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$5.58M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$160.83K	USD	Annual
Cash paid for taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Amount	`StockholdersEquity`	$3.80M	USD	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$854.48K	USD	Point-in-time
Sale of common stock, net of offering costs of $103,196 (Restated), Amount	`SaleOfCommonStockNetOfOfferingCostsOf103196RestatedAmount`	$1.14M	USD	Annual
Sale of common stock, net of offering costs of $77,012, Amount	`SaleOfCommonStockNetOfOfferingCostsOf77012Amount`	$858.70K	USD	Annual
Stock-based compensation, Amount	`StockGrantedDuringPeriodValueSharebasedCompensation`	$35.53K	USD	Annual
Stock-based compensation, Amount	`StockGrantedDuringPeriodValueSharebasedCompensation`	$56.45K	USD	Annual
Fractional shares payment, Amount	`FractionalSharesPayment`	$-1.69K	USD	Annual
Net loss	`NetIncomeLoss`	$-3.86M	USD	Annual
Net loss	`NetIncomeLoss`	$19.59K	USD	Annual
Ending Balance, Amount	`StockholdersEquity`	$3.80M	USD	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$854.48K	USD	Point-in-time

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