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million . hpp segment revenue change by product line for the twelve months ended september 30 was as follows : replace_table_token_4_th the hpp segment revenue increase of $ 2.4 million is attributed to : ( i ) $ 0.8 million in royalties on high-speed processing boards related to production of aircraft ; ( ii ) $ 1.1 m...
liquidity and capital resources our primary source of liquidity is our cash and cash equivalents , which increased by approximately $ 1.9 million to $ 13.1 million as of september 30 , 2016 from $ 11.2 million as of september 30 , 2015 . at september 30 , 2016 , cash equivalents totaled $ 0.5 million of this amount . 1...
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in certain instances , our clients request enhancements to the underlying features and functionality of our enterprise and mid-market solution , and in these instances , revenue from subscriptions is recognized over the remaining term of the agreement once the additional features are delivered to the client . we genera...
liquidity and capital resources our primary source of liquidity is our cash and cash equivalents , which increased by approximately $ 1.9 million to $ 13.1 million as of september 30 , 2016 from $ 11.2 million as of september 30 , 2015 . at september 30 , 2016 , cash equivalents totaled $ 0.5 million of this amount . 1...
0
in certain instances , our clients request enhancements to the underlying features and functionality of our enterprise and mid-market solution , and in these instances , revenue from subscriptions is recognized over the remaining term of the agreement once the additional features are delivered to the client . we genera...
cash provided by operating activities during 2014 of $ 33.0 million was a result of the continued growth of our business and our continued investments for further growth . in the year ended december 31 , 2014 , $ 59.5 million , or 92 % , of our net loss of $ 64.9 million consisted of non-cash items , including $ 33.7 m...
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since our beginning in 1986 , we have compiled an extensive device control knowledge library that includes nearly 9,000 brands comprising over 800,000 device models across av and smart home platforms , supported by many common smart home protocols , including ir , hdmi-cec , zigbee , and home network or cloud control ....
cash provided by operating activities during 2014 of $ 33.0 million was a result of the continued growth of our business and our continued investments for further growth . in the year ended december 31 , 2014 , $ 59.5 million , or 92 % , of our net loss of $ 64.9 million consisted of non-cash items , including $ 33.7 m...
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since our beginning in 1986 , we have compiled an extensive device control knowledge library that includes nearly 9,000 brands comprising over 800,000 device models across av and smart home platforms , supported by many common smart home protocols , including ir , hdmi-cec , zigbee , and home network or cloud control ....
liquidity and capital resources sources and uses of cash replace_table_token_5_th replace_table_token_6_th net cash provided by operating activities increased $ 72.4 million in 2019 compared to 2018 , primarily due to the net impact of the gain on sale of the guangzhou factory and changes in working capital associated ...
1
the company provides these services to its clients under annual client service contracts , although such contracts are generally cancelable on short or no notice without penalty . the company also derives some revenue from its custom and other research projects . services are provided under subscription-based service a...
liquidity and capital resources sources and uses of cash replace_table_token_5_th replace_table_token_6_th net cash provided by operating activities increased $ 72.4 million in 2019 compared to 2018 , primarily due to the net impact of the gain on sale of the guangzhou factory and changes in working capital associated ...
0
the company provides these services to its clients under annual client service contracts , although such contracts are generally cancelable on short or no notice without penalty . the company also derives some revenue from its custom and other research projects . services are provided under subscription-based service a...
cash flows from investing activities net cash of $ 2.3 million was used for investing activities in the year ended december 31 , 2012. purchases of property and equipment totaled the $ 2.3 million . net cash of $ 6.9 million was used for investing activities in the year ended december 31 , 2011. earn-out payments relat...
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we record revenue from product sales upon delivery to our distributors and specialty pharmacies ( collectively , our customers ) . revenue from product sales is recognized at a point in time when our customer is deemed to have obtained control of the product , which generally occurs upon receipt by our customers . the ...
cash flows from investing activities net cash of $ 2.3 million was used for investing activities in the year ended december 31 , 2012. purchases of property and equipment totaled the $ 2.3 million . net cash of $ 6.9 million was used for investing activities in the year ended december 31 , 2011. earn-out payments relat...
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we record revenue from product sales upon delivery to our distributors and specialty pharmacies ( collectively , our customers ) . revenue from product sales is recognized at a point in time when our customer is deemed to have obtained control of the product , which generally occurs upon receipt by our customers . the ...
liquidity and capital resources our financial condition is summarized as follows : replace_table_token_14_th as of december 31 , 2018 , we also had borrowing availability of $ 750.0 million under a revolving credit facility ( see further description under `` credit facility `` below ) . in addition , and as described i...
1
our fixed income product category is comprised of revenues related to the brokerage of cash and derivative fixed income products . fixed income volumes typically correlate with 62 fluctuations in interest rates , market volatility and the level of bond issuances . brokertec , a leading electronic trading platform in th...
liquidity and capital resources our financial condition is summarized as follows : replace_table_token_14_th as of december 31 , 2018 , we also had borrowing availability of $ 750.0 million under a revolving credit facility ( see further description under `` credit facility `` below ) . in addition , and as described i...
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our fixed income product category is comprised of revenues related to the brokerage of cash and derivative fixed income products . fixed income volumes typically correlate with 62 fluctuations in interest rates , market volatility and the level of bond issuances . brokertec , a leading electronic trading platform in th...
cash and cash equivalents $ 174,606 $ 227,441 cash held at clearing organizations , net of customer cash 52,414 19,636 ​ ​ ​ ​ ​ ​ ​ ​ total balance sheet cash $ 227,020 $ 247,077 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ we believe that , based on current levels of operations , our cash from operations , together with our curre...
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allowance for doubtful accounts – our policy is to maintain allowances for estimated losses resulting from the inability of our customers to make required payments . credit limits for all customers are established based upon several factors , including but not limited to financial condition and stability , payment hist...
cash and cash equivalents $ 174,606 $ 227,441 cash held at clearing organizations , net of customer cash 52,414 19,636 ​ ​ ​ ​ ​ ​ ​ ​ total balance sheet cash $ 227,020 $ 247,077 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ we believe that , based on current levels of operations , our cash from operations , together with our curre...
0
allowance for doubtful accounts – our policy is to maintain allowances for estimated losses resulting from the inability of our customers to make required payments . credit limits for all customers are established based upon several factors , including but not limited to financial condition and stability , payment hist...
liquidity and capital resources the company 's working capital increased $ 432,000 to $ 7.9 million as of may 31 , 2012 compared to $ 7.5 million as of may 31 , 2011. cash and cash equivalents increased $ 16,000 from may 31 , 2011 to $ 2.8 million as of may 31 , 2012. cash provided by operating activities was $ 163,000...
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these actions included adjustments to workforce , reduced purchases of raw materials and reductions in selling , general , and administrative expenses . the company continues to review its internal processes to identify inefficiencies and cost reduction opportunities . the company will continue to scrutinize its relati...
liquidity and capital resources the company 's working capital increased $ 432,000 to $ 7.9 million as of may 31 , 2012 compared to $ 7.5 million as of may 31 , 2011. cash and cash equivalents increased $ 16,000 from may 31 , 2011 to $ 2.8 million as of may 31 , 2012. cash provided by operating activities was $ 163,000...
0
these actions included adjustments to workforce , reduced purchases of raw materials and reductions in selling , general , and administrative expenses . the company continues to review its internal processes to identify inefficiencies and cost reduction opportunities . the company will continue to scrutinize its relati...
liquidity and capital resources the company generates capital resources through operations and returns on its investments . the company had no long-term debt outstanding at september 30 , 2013 or 2012. the company does not currently require a credit facility but continues to review and evaluate its needs and options fo...
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accounts receivable related to consigned inventory is recognized when the customer takes title to such inventory from its consigned location , at which point inventory is relieved , title transfers , and we have a legally enforceable right to collection under the terms of our agreement with the related customers . we e...
liquidity and capital resources the company generates capital resources through operations and returns on its investments . the company had no long-term debt outstanding at september 30 , 2013 or 2012. the company does not currently require a credit facility but continues to review and evaluate its needs and options fo...
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accounts receivable related to consigned inventory is recognized when the customer takes title to such inventory from its consigned location , at which point inventory is relieved , title transfers , and we have a legally enforceable right to collection under the terms of our agreement with the related customers . we e...
cash flows were as follows : replace_table_token_8_th operating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities . 31 cash provided by operating activities was $ 819.5 million in fiscal year 2018 , an increase of $ 45.8 mill...
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replace_table_token_5_th 1 yield on total interest-earning assets minus cost of total interest-bearing liabilities 2 net interest income divided by average interest-earning assets 26 rate/volume analysis the following table illustrates the impact of changes in the volume of interest-earning assets and interest-bearing ...
cash flows were as follows : replace_table_token_8_th operating activities cash provided by operating activities is net income adjusted for certain non-cash items and changes in certain assets and liabilities . 31 cash provided by operating activities was $ 819.5 million in fiscal year 2018 , an increase of $ 45.8 mill...
0
replace_table_token_5_th 1 yield on total interest-earning assets minus cost of total interest-bearing liabilities 2 net interest income divided by average interest-earning assets 26 rate/volume analysis the following table illustrates the impact of changes in the volume of interest-earning assets and interest-bearing ...
liquidity and capital resources while the company believes it has sufficient liquidity and capital resources to meet its cash and capital expenditure requirements for at least the next twelve months , including any cash dividends it may pay , the company intends to continue pursuing its growth strategy , which may requ...
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cib marine recognizes the inherent imprecision in estimates of losses due to various uncertainties and variability related to the factors used to estimate loan losses . if different assumptions or conditions were to prevail and it is determined that the allowance is not adequate to absorb the new estimate of probable l...
liquidity and capital resources while the company believes it has sufficient liquidity and capital resources to meet its cash and capital expenditure requirements for at least the next twelve months , including any cash dividends it may pay , the company intends to continue pursuing its growth strategy , which may requ...
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cib marine recognizes the inherent imprecision in estimates of losses due to various uncertainties and variability related to the factors used to estimate loan losses . if different assumptions or conditions were to prevail and it is determined that the allowance is not adequate to absorb the new estimate of probable l...
liquidity cib marine monitors and manages its liquidity position so that funds will be available at a reasonable cost to meet financial commitments , to finance business expansion and to take advantage of unforeseen opportunities . liquidity management involves projecting funding requirements and maintaining sufficient...
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59 payments by these passengers for our services have provided , and we expect will continue to provide , a significant portion of our revenue . our failure to realize the anticipated benefits from these agreements on a timely basis or to renew any existing agreements upon expiration or termination could have a materia...
liquidity cib marine monitors and manages its liquidity position so that funds will be available at a reasonable cost to meet financial commitments , to finance business expansion and to take advantage of unforeseen opportunities . liquidity management involves projecting funding requirements and maintaining sufficient...
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59 payments by these passengers for our services have provided , and we expect will continue to provide , a significant portion of our revenue . our failure to realize the anticipated benefits from these agreements on a timely basis or to renew any existing agreements upon expiration or termination could have a materia...
cash capex represents capital expenditures net of airborne equipment proceeds received from the airlines and incentives paid to us by landlords under certain facilities leases . we believe cash capex provides a more representative indication of our liquidity requirements with respect to capital expenditures , as under ...
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expanded — we begin with a small amount of bone marrow from the patient ( up to 60 ml ) and significantly expand the number of certain cell types , primarily cd90+ ( mesenchymal stromal cells or mscs ) and cd14 + auto+ ( alternatively activated macrophages ) to far more than are present in the patient 's own bone marro...
cash capex represents capital expenditures net of airborne equipment proceeds received from the airlines and incentives paid to us by landlords under certain facilities leases . we believe cash capex provides a more representative indication of our liquidity requirements with respect to capital expenditures , as under ...
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expanded — we begin with a small amount of bone marrow from the patient ( up to 60 ml ) and significantly expand the number of certain cell types , primarily cd90+ ( mesenchymal stromal cells or mscs ) and cd14 + auto+ ( alternatively activated macrophages ) to far more than are present in the patient 's own bone marro...
liquidity and capital resources we are currently focused on utilizing our technology to produce patient specific cell-based products for use in regenerative medicine applications . at such time as we satisfy applicable regulatory approval requirements , we expect the sales of our cell-based products to constitute nearl...
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hybrid cloud computing our overarching cloud strategy contains three key components : ( i ) continue to expand beyond compute virtualization in the private cloud , ( ii ) extend the private cloud into the public cloud and ( iii ) connect and secure endpoints across a range of public clouds . during fiscal 2018 , hybrid...
liquidity and capital resources we are currently focused on utilizing our technology to produce patient specific cell-based products for use in regenerative medicine applications . at such time as we satisfy applicable regulatory approval requirements , we expect the sales of our cell-based products to constitute nearl...
0
hybrid cloud computing our overarching cloud strategy contains three key components : ( i ) continue to expand beyond compute virtualization in the private cloud , ( ii ) extend the private cloud into the public cloud and ( iii ) connect and secure endpoints across a range of public clouds . during fiscal 2018 , hybrid...
cash provided by operating activities increased $ 830 million in fiscal 2018 compared to fiscal 2016 . cash provided by operating activities benefited from increased cash collections due to increased sales and improved linearity due to the fiscal year change in fiscal 2018 , and a decrease in tax payments as a result o...
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when a range is expressed above , the company is currently unable story_separator_special_tag in management 's discussion and analysis , we explain the general financial condition and the results of operations for our company , including : what factors affect our business ; what our net sales , earnings , gross margins...
cash provided by operating activities increased $ 830 million in fiscal 2018 compared to fiscal 2016 . cash provided by operating activities benefited from increased cash collections due to increased sales and improved linearity due to the fiscal year change in fiscal 2018 , and a decrease in tax payments as a result o...
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when a range is expressed above , the company is currently unable story_separator_special_tag in management 's discussion and analysis , we explain the general financial condition and the results of operations for our company , including : what factors affect our business ; what our net sales , earnings , gross margins...
liquidity and capital resources our business requires capital to build and open new stores , expand our distribution network and operate and expand existing stores . our working capital requirements for existing stores are seasonal and usually reach their peak in september and october . historically , we have satisfied...
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in july 2013 , the company also acquired certain assets of the larson group , inc. and now operates ford and mitsubishi fuso truck franchises at the rush truck center in cincinnati , ohio . ● in september 2013 , the company acquired certain assets of transauthority and now operates full service international dealership...
liquidity and capital resources our business requires capital to build and open new stores , expand our distribution network and operate and expand existing stores . our working capital requirements for existing stores are seasonal and usually reach their peak in september and october . historically , we have satisfied...
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in july 2013 , the company also acquired certain assets of the larson group , inc. and now operates ford and mitsubishi fuso truck franchises at the rush truck center in cincinnati , ohio . ● in september 2013 , the company acquired certain assets of transauthority and now operates full service international dealership...
cash flows from investing activities during 2013 , cash used in investing activities was $ 269.7 million . cash flows used in investing activities consist primarily of cash used for capital expenditures and business acquisitions . capital expenditures of $ 191.6 million consisted of purchases of property and equipment ...
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the regulations have affected and are expected to continue to affect our clients ' businesses and marketing practices , including an overall decrease in our clients ' external marketing expenditures and a related decrease in our revenues from this client vertical . the effect of these regulations may continue to result...
cash flows from investing activities during 2013 , cash used in investing activities was $ 269.7 million . cash flows used in investing activities consist primarily of cash used for capital expenditures and business acquisitions . capital expenditures of $ 191.6 million consisted of purchases of property and equipment ...
0
the regulations have affected and are expected to continue to affect our clients ' businesses and marketing practices , including an overall decrease in our clients ' external marketing expenditures and a related decrease in our revenues from this client vertical . the effect of these regulations may continue to result...
net cash used in investing activities our investing activities include acquisitions of media websites and businesses ; purchases , sales and maturities of marketable securities ; capital expenditures ; and capitalized internal development costs . cash used in investing activities in fiscal year 2012 was primarily due t...
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to determine the adequacy of the allowance in each of these two components , we employ two primary methodologies , the individual loan review analysis methodology and the classification migration methodology . these methodologies support the basis for determining allocations between the various loan categories and the ...
net cash used in investing activities our investing activities include acquisitions of media websites and businesses ; purchases , sales and maturities of marketable securities ; capital expenditures ; and capitalized internal development costs . cash used in investing activities in fiscal year 2012 was primarily due t...
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to determine the adequacy of the allowance in each of these two components , we employ two primary methodologies , the individual loan review analysis methodology and the classification migration methodology . these methodologies support the basis for determining allocations between the various loan categories and the ...
capital resources stockholders ' equity total equity was $ 1.75 billion at december 31 , 2015 , an increase of $ 144.9 million , or 9.0 % , from $ 1.60 billion at december 31 , 2014 , primarily due to increases in net income of $ 161.1 million and equity consideration for the acquisition of asia bancshares , inc. of $ ...
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if we enter into contracts for the sale of services and software or hardware , management evaluates whether each element should be accounted for separately by considering the following criteria : ( 1 ) whether the deliverables have value to the client on a stand-alone basis ; and ( 2 ) whether delivery or performance o...
capital resources stockholders ' equity total equity was $ 1.75 billion at december 31 , 2015 , an increase of $ 144.9 million , or 9.0 % , from $ 1.60 billion at december 31 , 2014 , primarily due to increases in net income of $ 161.1 million and equity consideration for the acquisition of asia bancshares , inc. of $ ...
0
if we enter into contracts for the sale of services and software or hardware , management evaluates whether each element should be accounted for separately by considering the following criteria : ( 1 ) whether the deliverables have value to the client on a stand-alone basis ; and ( 2 ) whether delivery or performance o...
net cash provided by operating activities net cash provided by operating activities for the year ended december 31 , 2012 was $ 39.2 million compared to $ 14.3 million and $ 18.7 million for the years ended december 31 , 2011 and 2010 , respectively . for the year ended december 31 , 2012 , the components of operating ...
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“risk factors” or by other unknown risks and uncertainties . restatement of prior financial information in our annual report on form 10-k for the year ended december 31 , 2014 ( the “2014 form 10-k” ) , which we filed on may 12 , 2017 , we restated our prior financial filings . in that filing , we restated : ( a ) our ...
net cash provided by operating activities net cash provided by operating activities for the year ended december 31 , 2012 was $ 39.2 million compared to $ 14.3 million and $ 18.7 million for the years ended december 31 , 2011 and 2010 , respectively . for the year ended december 31 , 2012 , the components of operating ...
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“risk factors” or by other unknown risks and uncertainties . restatement of prior financial information in our annual report on form 10-k for the year ended december 31 , 2014 ( the “2014 form 10-k” ) , which we filed on may 12 , 2017 , we restated our prior financial filings . in that filing , we restated : ( a ) our ...
liquidity to provide cash for our operations and capital expenditures , our immediate source of liquidity is our cash and investment balances and any amounts we have available for borrowing under our revolving credit facility . we refer to the sum of these two amounts as our “liquidity.” our credit agreements define ca...
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we will remain an “ emerging growth company ” for up to five years from our initial public offering , or until the earliest to occur of ( 1 ) the last day of the first fiscal year in which our total annual gross revenues exceed $ 1.0 billion , ( 2 ) the date that we become a “ large accelerated filer ” as defined in ru...
liquidity to provide cash for our operations and capital expenditures , our immediate source of liquidity is our cash and investment balances and any amounts we have available for borrowing under our revolving credit facility . we refer to the sum of these two amounts as our “liquidity.” our credit agreements define ca...
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we will remain an “ emerging growth company ” for up to five years from our initial public offering , or until the earliest to occur of ( 1 ) the last day of the first fiscal year in which our total annual gross revenues exceed $ 1.0 billion , ( 2 ) the date that we become a “ large accelerated filer ” as defined in ru...
liquidity and capital resources our principal sources of liquidity are cash flow from operations and borrowings under our new credit agreement from our senior lenders . our primary uses of cash are payment of vendors , payroll , operating costs , capital expenditures and debt service . as of december 31 , 2017 , januar...
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diluted earnings per common share from continuing operations were $ 0.05 , $ 0.38 and $ 0.63 for the years ended december 31 , 2019 , 2018 and 2017 . the decrease in net income from continuing operations for the year ended december 31 , 2019 as compared to the year ended december 31 , 2018 was mainly due to lower net i...
liquidity and capital resources our principal sources of liquidity are cash flow from operations and borrowings under our new credit agreement from our senior lenders . our primary uses of cash are payment of vendors , payroll , operating costs , capital expenditures and debt service . as of december 31 , 2017 , januar...
0
diluted earnings per common share from continuing operations were $ 0.05 , $ 0.38 and $ 0.63 for the years ended december 31 , 2019 , 2018 and 2017 . the decrease in net income from continuing operations for the year ended december 31 , 2019 as compared to the year ended december 31 , 2018 was mainly due to lower net i...
liquidity management we are required to maintain sufficient liquidity to ensure a safe and sound operation . liquidity may increase or decrease depending upon availability of funds and comparative yields on investments in relation to the return on loans . historically , we have maintained liquid assets above levels bel...
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38 cloud and mobility businesses are going through a massive change in their it strategies as they look to drive more business value , agility , and better customer experiences , while cloud and mobility are becoming increasingly important , as evidenced by the following trends : ● business internet traffic continues t...
liquidity management we are required to maintain sufficient liquidity to ensure a safe and sound operation . liquidity may increase or decrease depending upon availability of funds and comparative yields on investments in relation to the return on loans . historically , we have maintained liquid assets above levels bel...
0
38 cloud and mobility businesses are going through a massive change in their it strategies as they look to drive more business value , agility , and better customer experiences , while cloud and mobility are becoming increasingly important , as evidenced by the following trends : ● business internet traffic continues t...
cash flows from operating activities in 2020 , net cash used in operating activities was $ 8.4 million and was primarily due to a net loss of $ 17.3 million adjusted for non-cash activity of $ 2.8 million amortization of intangible assets , $ 2.3 million depreciation of property and equipment , $ 2.4 million stock-base...
1
 in 2019 , we completed a small , first-in-human , clinical-proof-of-concept , open-label phase 2a study of pti-125 in the u.s. , with substantial support from the national institute on aging ( nia ) , a division of the nih . treatment with pti-125 for 28 days significantly improved key biomarkers of alzheimer 's path...
cash flows from operating activities in 2020 , net cash used in operating activities was $ 8.4 million and was primarily due to a net loss of $ 17.3 million adjusted for non-cash activity of $ 2.8 million amortization of intangible assets , $ 2.3 million depreciation of property and equipment , $ 2.4 million stock-base...
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 in 2019 , we completed a small , first-in-human , clinical-proof-of-concept , open-label phase 2a study of pti-125 in the u.s. , with substantial support from the national institute on aging ( nia ) , a division of the nih . treatment with pti-125 for 28 days significantly improved key biomarkers of alzheimer 's path...
liquidity and capital resources  since inception , we have financed our operations primarily through public and private stock offerings , payments received under collaborative agreements and interest earned on our investments . we intend to continue to use our capital resources to fund research and development activit...
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as of december 31 , 2014 , our operations have been funded primarily by $ 105.1 million in equity investments from venture investors , $ 219.3 million from public investors , $ 64.2 million in equity investments from our collaboration partners and $ 216.8 million in upfront payments , milestones , and net research and ...
liquidity and capital resources  since inception , we have financed our operations primarily through public and private stock offerings , payments received under collaborative agreements and interest earned on our investments . we intend to continue to use our capital resources to fund research and development activit...
0
as of december 31 , 2014 , our operations have been funded primarily by $ 105.1 million in equity investments from venture investors , $ 219.3 million from public investors , $ 64.2 million in equity investments from our collaboration partners and $ 216.8 million in upfront payments , milestones , and net research and ...
net cash used in operating activities was $ 53.2 million for the year ended december 31 , 2014 , and consisted primarily of a net loss of $ 51.3 million adjusted for non-cash items including a decrease in fair value of warrants of $ 5.0 million , stock-based compensation expense of $ 4.8 million , depreciation and amor...
1
our lead product , zulresso ( brexanolone ) injection , is a proprietary intravenous , or iv , formulation of brexanolone . brexanolone is chemically identical to allopregnanolone , a naturally occurring neuroactive steroid that acts as a positive allosteric modulator of gaba a receptors . in march 2019 , the fda appro...
net cash used in operating activities was $ 53.2 million for the year ended december 31 , 2014 , and consisted primarily of a net loss of $ 51.3 million adjusted for non-cash items including a decrease in fair value of warrants of $ 5.0 million , stock-based compensation expense of $ 4.8 million , depreciation and amor...
0
our lead product , zulresso ( brexanolone ) injection , is a proprietary intravenous , or iv , formulation of brexanolone . brexanolone is chemically identical to allopregnanolone , a naturally occurring neuroactive steroid that acts as a positive allosteric modulator of gaba a receptors . in march 2019 , the fda appro...
liquidity and capital resources prior to the second quarter of 2019 , we had not generated revenue from product sales . we began to generate revenue from product sales in the second quarter of 2019 in conjunction with the launch of our first product , zulresso , which commenced on june 24 , 2019. prior to the second qu...
1
in addition to direct sales , we have targeted original equipment manufacturer ( “ oem ” ) and private label partnerships in order to accelerate adoption of silicon nitride , both in the spinal space , and also in future markets such as hip and knee replacements , dental , extremities , trauma , and sports medicine . e...
liquidity and capital resources prior to the second quarter of 2019 , we had not generated revenue from product sales . we began to generate revenue from product sales in the second quarter of 2019 in conjunction with the launch of our first product , zulresso , which commenced on june 24 , 2019. prior to the second qu...
0
in addition to direct sales , we have targeted original equipment manufacturer ( “ oem ” ) and private label partnerships in order to accelerate adoption of silicon nitride , both in the spinal space , and also in future markets such as hip and knee replacements , dental , extremities , trauma , and sports medicine . e...
net cash used in operating activities net cash used in operating activities was $ 4.7 million in 2017 , compared to $ 7.2 million used in 2016 , a decrease of $ 2.5 million . offset by the decrease in the net loss , and related non-cash add backs to the net loss , the decrease in cash used for operating activities duri...
1
for our gene therapy program , we have partnered with st. jude children 's research hospital ( “ st . jude ” ) in the development of a first-in-class ex vivo lentiviral treatment of x-linked severe combined immunodeficiency ( “ xscid ” ) and for our car t therapies we have partnered with the city of hope national medic...
net cash used in operating activities net cash used in operating activities was $ 4.7 million in 2017 , compared to $ 7.2 million used in 2016 , a decrease of $ 2.5 million . offset by the decrease in the net loss , and related non-cash add backs to the net loss , the decrease in cash used for operating activities duri...
0
for our gene therapy program , we have partnered with st. jude children 's research hospital ( “ st . jude ” ) in the development of a first-in-class ex vivo lentiviral treatment of x-linked severe combined immunodeficiency ( “ xscid ” ) and for our car t therapies we have partnered with the city of hope national medic...
liquidity and capital resources the company has incurred substantial operating losses and expects to continue to incur significant operating losses for the foreseeable future and may never become profitable . as of december 31 , 2020 , the company had an accumulated deficit of $ 185.5 million . the company has funded i...
1
we are aggressively pursuing the profitable expansion opportunities that exist outside the us , including disciplined growth and scale in our more mature markets , and faster expansion in key emerging markets like china . our global consumer products group ( “cpg” ) represents another important profitable growth opport...
liquidity and capital resources the company has incurred substantial operating losses and expects to continue to incur significant operating losses for the foreseeable future and may never become profitable . as of december 31 , 2020 , the company had an accumulated deficit of $ 185.5 million . the company has funded i...
0
we are aggressively pursuing the profitable expansion opportunities that exist outside the us , including disciplined growth and scale in our more mature markets , and faster expansion in key emerging markets like china . our global consumer products group ( “cpg” ) represents another important profitable growth opport...
use of cash we expect to use our cash and short-term investments , including any potential future borrowings under the credit facility and commercial paper program , to invest in our core businesses , including new product innovations and related marketing support , as well as other new business opportunities related t...
1
33 results of operations year ended december 31 , 2013 as compared to year ended december 31 , 2012 replace_table_token_12_th net revenue net revenue for the fiscal year 2013 , was $ 118,391,783 , representing an increase of $ 16,690,901 or 16 % over the same period in 2012. this increase was primarily attributable to ...
use of cash we expect to use our cash and short-term investments , including any potential future borrowings under the credit facility and commercial paper program , to invest in our core businesses , including new product innovations and related marketing support , as well as other new business opportunities related t...
0
33 results of operations year ended december 31 , 2013 as compared to year ended december 31 , 2012 replace_table_token_12_th net revenue net revenue for the fiscal year 2013 , was $ 118,391,783 , representing an increase of $ 16,690,901 or 16 % over the same period in 2012. this increase was primarily attributable to ...
liquidity and capital resources as of december 31 , 2013 , cash and cash equivalents were $ 107,828,800 as compared to $ 65,241,035 as of december 31 , 2012. the components of this increase of $ 42,587,765 are reflected below . replace_table_token_23_th for the fiscal years 2013 and 2012 , we met our working capital an...
1
we have also formed a new dental professional advisory board , made up of four founding members , who have made significant contributions to the specialties of periodontics , implantology , oral surgery , multi-stage restorative therapy , and peri-implantitis therapy . our goal is to refocus our energies on strengtheni...
liquidity and capital resources as of december 31 , 2013 , cash and cash equivalents were $ 107,828,800 as compared to $ 65,241,035 as of december 31 , 2012. the components of this increase of $ 42,587,765 are reflected below . replace_table_token_23_th for the fiscal years 2013 and 2012 , we met our working capital an...
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we have also formed a new dental professional advisory board , made up of four founding members , who have made significant contributions to the specialties of periodontics , implantology , oral surgery , multi-stage restorative therapy , and peri-implantitis therapy . our goal is to refocus our energies on strengtheni...
liquidity and capital resources at december 31 , 2014 , we had approximately $ 31.6 million in cash and cash equivalents . management defines cash and cash equivalents as highly liquid deposits with original maturities of 90 days or less when purchased . the increase in our cash and cash equivalents by $ 30.1 million f...
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during 2014 , we committed to a plan to sell our international technology business and our hospital automation business from our technology solutions segment and certain small businesses from our distribution solutions segment . in the third quarter of 2014 , we recorded a non-cash pre-tax and after-tax impairment char...
liquidity and capital resources at december 31 , 2014 , we had approximately $ 31.6 million in cash and cash equivalents . management defines cash and cash equivalents as highly liquid deposits with original maturities of 90 days or less when purchased . the increase in our cash and cash equivalents by $ 30.1 million f...
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during 2014 , we committed to a plan to sell our international technology business and our hospital automation business from our technology solutions segment and certain small businesses from our distribution solutions segment . in the third quarter of 2014 , we recorded a non-cash pre-tax and after-tax impairment char...
celesio debt upon our acquisition of celesio , as required , we consolidated a total of $ 2.3 billion of outstanding debt of celesio as a liability on our consolidated balance sheet . the celesio debt consists primarily of corporate bonds , convertible debt , promissory notes and amounts outstanding under their account...
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our asset management business segment includes our fee-based asset management operations , which include on-going base and incentive management fees . as of december 31 , 2015 , we had approximately $ 3.91 billion in aum of which 95.8 % , or $ 3.75 billion , was in cdos . almost all of our asset management revenue is e...
celesio debt upon our acquisition of celesio , as required , we consolidated a total of $ 2.3 billion of outstanding debt of celesio as a liability on our consolidated balance sheet . the celesio debt consists primarily of corporate bonds , convertible debt , promissory notes and amounts outstanding under their account...
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our asset management business segment includes our fee-based asset management operations , which include on-going base and incentive management fees . as of december 31 , 2015 , we had approximately $ 3.91 billion in aum of which 95.8 % , or $ 3.75 billion , was in cdos . almost all of our asset management revenue is e...
the cash provided by investing activities of $ 11,871 was comprised of ( a ) $ 12,031 in sales and returns of principal in other investments , at fair value ; partially offset by ( b ) $ 11 of purchases of other investments , at fair value and $ 149 of purchase of furniture , equipment , and leasehold improvements . th...
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we recognize an impairment loss when a debt investment 's value declines below cost , adjusted for accretion , amortization and previous other-than-temporary impairments , and it is determined that the decline is other-than-temporary . debt investments : we assess whether we intend to sell , or it is more likely than n...
the cash provided by investing activities of $ 11,871 was comprised of ( a ) $ 12,031 in sales and returns of principal in other investments , at fair value ; partially offset by ( b ) $ 11 of purchases of other investments , at fair value and $ 149 of purchase of furniture , equipment , and leasehold improvements . th...
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we recognize an impairment loss when a debt investment 's value declines below cost , adjusted for accretion , amortization and previous other-than-temporary impairments , and it is determined that the decline is other-than-temporary . debt investments : we assess whether we intend to sell , or it is more likely than n...
liquidity and capital resources sources and uses of funds our sources of funds are from insurance-related operations , financing activities and investing activities . major sources of funds from operations include premiums collected ( net of policy cancellations and premiums ceded ) , commissions and processing and ser...
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26 the greenbrier companies 2013 annual report we operate two manufacturing facilities in sahagun , mexico , one of which we own and one which is leased . in september 2013 , we were notified by the landlord of our leased facility that the landlord does not intend to renew the lease following the expiration of the leas...
liquidity and capital resources sources and uses of funds our sources of funds are from insurance-related operations , financing activities and investing activities . major sources of funds from operations include premiums collected ( net of policy cancellations and premiums ceded ) , commissions and processing and ser...
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26 the greenbrier companies 2013 annual report we operate two manufacturing facilities in sahagun , mexico , one of which we own and one which is leased . in september 2013 , we were notified by the landlord of our leased facility that the landlord does not intend to renew the lease following the expiration of the leas...
liquidity and capital resources years ended august 31 , ( in thousands ) 2013 2012 2011 net cash provided by ( used in ) operating activities $ 104,592 $ 116,056 $ ( 34,252 ) net cash provided by ( used in ) investing activities 6,159 ( 88,947 ) ( 69,264 ) net cash provided by ( used in ) financing activities ( 65,732 ...
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for measurement purposes , a 6.0 % , 7.0 % , 4.5 % and 8.5 % annual rate of increase in the per capita cost of covered health care benefits was assumed for 2019 for pre-65 medical , pre-65 drug , post-65 medical and post-65 drug , respectively . the health care cost trend rates are assumed to decline steadily to an ult...
liquidity and capital resources years ended august 31 , ( in thousands ) 2013 2012 2011 net cash provided by ( used in ) operating activities $ 104,592 $ 116,056 $ ( 34,252 ) net cash provided by ( used in ) investing activities 6,159 ( 88,947 ) ( 69,264 ) net cash provided by ( used in ) financing activities ( 65,732 ...
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for measurement purposes , a 6.0 % , 7.0 % , 4.5 % and 8.5 % annual rate of increase in the per capita cost of covered health care benefits was assumed for 2019 for pre-65 medical , pre-65 drug , post-65 medical and post-65 drug , respectively . the health care cost trend rates are assumed to decline steadily to an ult...
capital resources . cash provided by operations , $ 285.4 million for the twelve months ended december 31 , 2018 , and $ 288.6 million for the twelve months ended december 31 , 2017 , is a significant source for funding capital requirements . a component of cash flows from operations is the change in net over-collectio...
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impact of covid-19 the covid-19 pandemic has resulted , and is likely to continue to result , in significant economic disruption and has adversely affected and will likely continue to adversely affect our business . our operations have been designated “ essential critical infrastructure work ” in the energy sector by t...
capital resources . cash provided by operations , $ 285.4 million for the twelve months ended december 31 , 2018 , and $ 288.6 million for the twelve months ended december 31 , 2017 , is a significant source for funding capital requirements . a component of cash flows from operations is the change in net over-collectio...
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impact of covid-19 the covid-19 pandemic has resulted , and is likely to continue to result , in significant economic disruption and has adversely affected and will likely continue to adversely affect our business . our operations have been designated “ essential critical infrastructure work ” in the energy sector by t...
cash flows operating activities . cash provided by operating activities was $ 61.0 million in 2020 , compared to $ 12.3 million in 2019. the increase in cash provided by operating activities was primarily attributable to aftc revenues , partially offset by other changes in working capital resulting from the timing of r...
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conversely , when volume declines , we typically produce fewer revenue dollars , which can reduce our gross profit dollars . we can reduce certain variable expenses when volumes decline , but we can not easily reduce our fixed costs . pricing for our products can have a more significant impact on our results of operati...
cash flows operating activities . cash provided by operating activities was $ 61.0 million in 2020 , compared to $ 12.3 million in 2019. the increase in cash provided by operating activities was primarily attributable to aftc revenues , partially offset by other changes in working capital resulting from the timing of r...
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conversely , when volume declines , we typically produce fewer revenue dollars , which can reduce our gross profit dollars . we can reduce certain variable expenses when volumes decline , but we can not easily reduce our fixed costs . pricing for our products can have a more significant impact on our results of operati...
liquidity and capital resources operating activities net cash provided by operating activities was $ 601.9 million in 2012 compared to $ 234.8 million in 2011. the increase was mainly due to higher profitability levels and a larger working capital ( primarily accounts receivable and inventories ) investment requirement...
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in addition to being evaluated for safety , 23 of the 29 patients were evaluable for preliminary signals of efficacy prior to or at the eight-week conclusion of their first cycle of treatment using the response evaluation criteria in solid tumors ( “ recist ” ) , the current standard for evaluating changes in the size ...
liquidity and capital resources operating activities net cash provided by operating activities was $ 601.9 million in 2012 compared to $ 234.8 million in 2011. the increase was mainly due to higher profitability levels and a larger working capital ( primarily accounts receivable and inventories ) investment requirement...
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in addition to being evaluated for safety , 23 of the 29 patients were evaluable for preliminary signals of efficacy prior to or at the eight-week conclusion of their first cycle of treatment using the response evaluation criteria in solid tumors ( “ recist ” ) , the current standard for evaluating changes in the size ...
net cash provided by financing activities net cash provided by financing activities was $ 3.6 million for the years ended december 31 , 2018 which was comprised primarily of net proceeds from the sale of common stock and warrants ( $ 2.3 million ) and the sale of the 2018 notes and warrants ( $ 1.3 million ) . during t...
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number of clinical sites included in the trials ; the length of time required to enroll suitable patient subjects ; and the efficacy and safety profile of the drug candidate . we test potential drug candidates in numerous preclinical studies for safety , toxicology and immunogenicity . we may then conduct multiple clin...
net cash provided by financing activities net cash provided by financing activities was $ 3.6 million for the years ended december 31 , 2018 which was comprised primarily of net proceeds from the sale of common stock and warrants ( $ 2.3 million ) and the sale of the 2018 notes and warrants ( $ 1.3 million ) . during t...
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number of clinical sites included in the trials ; the length of time required to enroll suitable patient subjects ; and the efficacy and safety profile of the drug candidate . we test potential drug candidates in numerous preclinical studies for safety , toxicology and immunogenicity . we may then conduct multiple clin...
liquidity and capital resources our cash equivalents are highly liquid investments with a maturity of three months or less at the date of purchase and consist primarily of investments in money market mutual funds with commercial banks and financial institutions . we maintain cash balances with financial institutions in...
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gaylord opryland reopened november 15 , 2010. while the grand ole opry continued its schedule at alternative venues , including our ryman auditorium , the grand ole opry house reopened september 28 , 2010. certain of our nashville-based attractions were closed for a period of time , but reopened in june and july , and ...
liquidity and capital resources our cash equivalents are highly liquid investments with a maturity of three months or less at the date of purchase and consist primarily of investments in money market mutual funds with commercial banks and financial institutions . we maintain cash balances with financial institutions in...
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gaylord opryland reopened november 15 , 2010. while the grand ole opry continued its schedule at alternative venues , including our ryman auditorium , the grand ole opry house reopened september 28 , 2010. certain of our nashville-based attractions were closed for a period of time , but reopened in june and july , and ...
cash flows from financing activities . our cash flows from financing activities reflect primarily the issuance of debt and the repayment of long-term debt . during 2010 , our net cash flows used in financing activities – continuing operations were $ 3.3 million , primarily reflecting the payment of $ 27.0 million to re...
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the operations of linc are included in the facility solutions segment as of the acquisition date . 20 summary of key financial performance indicators during the second half of 2011 and continuing throughout 2012 , the u.s. economy was generally weak and the company faced increasing competitive pricing pressures which l...
cash flows from financing activities . our cash flows from financing activities reflect primarily the issuance of debt and the repayment of long-term debt . during 2010 , our net cash flows used in financing activities – continuing operations were $ 3.3 million , primarily reflecting the payment of $ 27.0 million to re...
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the operations of linc are included in the facility solutions segment as of the acquisition date . 20 summary of key financial performance indicators during the second half of 2011 and continuing throughout 2012 , the u.s. economy was generally weak and the company faced increasing competitive pricing pressures which l...
cash flows operating activities net cash provided by operating activities decreased by $ 9.4 million in the year ended october 31 , 2012 as compared to the year ended october 31 , 2011. the decrease was primarily related to the decrease in income from continuing operations before income taxes and timing of payments mad...
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during the year ended december 31 , 2017 , we recognized approximately $ 374,000 of royalty expense . following the signing of the new collaboration agreement , we retained a right to offset $ 15.0 million of future royalty payments . this offset will be reduced by up to $ 5.0 million upon the earlier of the approval o...
cash flows operating activities net cash provided by operating activities decreased by $ 9.4 million in the year ended october 31 , 2012 as compared to the year ended october 31 , 2011. the decrease was primarily related to the decrease in income from continuing operations before income taxes and timing of payments mad...
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during the year ended december 31 , 2017 , we recognized approximately $ 374,000 of royalty expense . following the signing of the new collaboration agreement , we retained a right to offset $ 15.0 million of future royalty payments . this offset will be reduced by up to $ 5.0 million upon the earlier of the approval o...
liquidity and capital resources since inception , we have incurred recurring losses , negative cash flow from operations and have accumulated a deficit of $ 399.1 million through december 31 , 2017. we have funded our operations through the public and private placement of common stock , convertible preferred stock , wa...
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however , we continue to evaluate other mineral properties for acquisition , and we hold a portfolio of mineral exploration properties and assets for future sale , joint venture or to create a royalty up to the development stage of the project ( development activities include , among other things , completion of a feas...
liquidity and capital resources since inception , we have incurred recurring losses , negative cash flow from operations and have accumulated a deficit of $ 399.1 million through december 31 , 2017. we have funded our operations through the public and private placement of common stock , convertible preferred stock , wa...
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however , we continue to evaluate other mineral properties for acquisition , and we hold a portfolio of mineral exploration properties and assets for future sale , joint venture or to create a royalty up to the development stage of the project ( development activities include , among other things , completion of a feas...
cash as of december 31 , 2019 , we had $ 574,000 in cash . we intend to utilize a portion of this cash and a portion of our short-term investments , discussed below , to fund our ordinary overhead , operational costs , exploration activities and the potential acquisition of mineral properties and other assets over the ...
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timber revenue in 2015 was earned under a 2014 stumpage agreement which expires in june , 2016 internal maintenance programs for age class timber and storm protection measures . surface income decreased by $ 212,319 from 2014. surface income includes income from farm leases , right of way grants , hunting leases and ot...
cash as of december 31 , 2019 , we had $ 574,000 in cash . we intend to utilize a portion of this cash and a portion of our short-term investments , discussed below , to fund our ordinary overhead , operational costs , exploration activities and the potential acquisition of mineral properties and other assets over the ...
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timber revenue in 2015 was earned under a 2014 stumpage agreement which expires in june , 2016 internal maintenance programs for age class timber and storm protection measures . surface income decreased by $ 212,319 from 2014. surface income includes income from farm leases , right of way grants , hunting leases and ot...
liquidity and capital resources the company 's current assets totaled $ 6,201,002 and total liabilities equaled $ 347,169 at december 31 , 2015. additional sources of liquidity include the company 's available bank line of credit for $ 5,000,000. in the opinion of management , current cash flow from operations , cash a...
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arr should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items . arr is not a forecast and the active contracts at the end of a reporting period used in calculating arr may or may not be extended or renewed by our customers . the following ...
liquidity and capital resources the company 's current assets totaled $ 6,201,002 and total liabilities equaled $ 347,169 at december 31 , 2015. additional sources of liquidity include the company 's available bank line of credit for $ 5,000,000. in the opinion of management , current cash flow from operations , cash a...
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arr should be viewed independently of revenue and deferred revenue and is not intended to be combined with or to replace either of those items . arr is not a forecast and the active contracts at the end of a reporting period used in calculating arr may or may not be extended or renewed by our customers . the following ...
net cash used in investing activities net cash used in investing activities for 2020 primarily related to $ 188 million of purchases of property and equipment and $ 157 million of cash used for acquisitions , net of cash and cash equivalents acquired , partially offset by $ 119 million of proceeds from the net sales of...
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the divestiture of american reliable insurance company ( `` aric `` ) also contributed to the decrease in net income . total revenues decreased $ 365,948 to $ 2,543,105 for twelve months 2015 from $ 2,909,053 for twelve months 2014. the decrease was primarily due to the divestiture of aric , combined with lower lender-...
net cash used in investing activities net cash used in investing activities for 2020 primarily related to $ 188 million of purchases of property and equipment and $ 157 million of cash used for acquisitions , net of cash and cash equivalents acquired , partially offset by $ 119 million of proceeds from the net sales of...
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the divestiture of american reliable insurance company ( `` aric `` ) also contributed to the decrease in net income . total revenues decreased $ 365,948 to $ 2,543,105 for twelve months 2015 from $ 2,909,053 for twelve months 2014. the decrease was primarily due to the divestiture of aric , combined with lower lender-...
net cash provided by operating activities was $ 192,483 and $ 313,782 for the years ended december 31 , 2015 and 2014 , respectively . the decrease in cash provided by operating activities was primarily due to changes in the timing of payments and higher payments made on 2015 individual major medical policies . net cas...
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the operating results of scepter have been included within our consolidated statement of story_separator_special_tag executive overview the company conducts its business activities in two distinct segments : the material handling segment and the distribution segment . the lawn and garden business is classified as disco...
net cash provided by operating activities was $ 192,483 and $ 313,782 for the years ended december 31 , 2015 and 2014 , respectively . the decrease in cash provided by operating activities was primarily due to changes in the timing of payments and higher payments made on 2015 individual major medical policies . net cas...
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the operating results of scepter have been included within our consolidated statement of story_separator_special_tag executive overview the company conducts its business activities in two distinct segments : the material handling segment and the distribution segment . the lawn and garden business is classified as disco...
cash provided by working capital was $ 12.2 million in 2014 compared to cash provided of $ 27.0 million in 2013. in 2014 , cash provided by inventories was approximately $ 2.4 million compared to $ 3.0 million in 2013. in 2014 , the source of funds for accounts receivable was $ 2.7 million compared to the use of $ 2.0 ...
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our product is planned to consist of : ( i ) one or more telephony servers , ( ii ) a software phone which allow customers to place calls , view and or listen to advertising , and ( iii ) a server to store customer information and to keep customer records , call , credits and payment history , and which server will als...
cash provided by working capital was $ 12.2 million in 2014 compared to cash provided of $ 27.0 million in 2013. in 2014 , cash provided by inventories was approximately $ 2.4 million compared to $ 3.0 million in 2013. in 2014 , the source of funds for accounts receivable was $ 2.7 million compared to the use of $ 2.0 ...
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our product is planned to consist of : ( i ) one or more telephony servers , ( ii ) a software phone which allow customers to place calls , view and or listen to advertising , and ( iii ) a server to store customer information and to keep customer records , call , credits and payment history , and which server will als...
liquidity and capital resources at september 30 , 2014 , we had a cash balance of $ 2,662. management does not believe that this amount will satisfy our cash requirements for the next twelve months . the directors of the company have been providing the company with shareholder loans in order to sustain the company . ma...
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any forward-looking statements involve known and unknown risks , uncertainties , and other factors that may cause our actual results , performance , or achievements to be materially different from any future results , performance , or achievements expressed or implied by such forward-looking statements . such factors i...
liquidity and capital resources at september 30 , 2014 , we had a cash balance of $ 2,662. management does not believe that this amount will satisfy our cash requirements for the next twelve months . the directors of the company have been providing the company with shareholder loans in order to sustain the company . ma...
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any forward-looking statements involve known and unknown risks , uncertainties , and other factors that may cause our actual results , performance , or achievements to be materially different from any future results , performance , or achievements expressed or implied by such forward-looking statements . such factors i...
liquidity and capital resources at the present time , management does not intend to publicly raise equity capital . due to the funds received from prior litigation and direct purchase of stock , we have sufficient cash reserves and intend to rely on operations , cash reserves , and debt financing , when available , as ...
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finally , we expect remarketing income to be lower than 2016. we anticipate rail international 's segment profit in 2017 to grow slightly compared to 2016 on a local currency basis . higher lease revenue , resulting from modest fleet growth and continued strong utilization , as well as lower maintenance expenses , will...
liquidity and capital resources at the present time , management does not intend to publicly raise equity capital . due to the funds received from prior litigation and direct purchase of stock , we have sufficient cash reserves and intend to rely on operations , cash reserves , and debt financing , when available , as ...
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