Company Information

  

Address: 202 COUSTEAU PLACE
SUITE 200 
City: DAVIS 
State:  
Zip Code: 95618 
Telephone: 602-429-0471 

Description of Business

Primary SIC Code: 2870
(As filed with the SEC)  

We, a corporation formed in 2002, are an agricultural biotechnology trait company engaged in the development of traits that improve food, feed and fiber crops and enhance the value of the resulting agricultural products. Our customers include seed companies who incorporate these traits into their elite varieties to increase the value of a crop for farmers, as well as food and feed companies who make products that increase the choices and nutritional value of foods for consumers. We are focused on two distinct areas of the agricultural supply chain: 1. Improvement of crop yield by mitigating the impacts of abiotic stresses such as drought, heat, nutrient deficiency, water scarcity, and soil salinity. These stresses are prevalent in most agricultural environments with varying degrees of severity and often have material consequences on crop production, quality, and farmer incomes.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.41NAN/E
03/2017-0.42NAN/E
12/2016-0.44NAN/E
09/20161.14NA1.71
06/20161.45NA1.79
03/20164.32NA0.64
12/20150.73NA4.16

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.11Total Liab/Total Assets0.61
Net Inc/Total Assets-0.35Total Liab/Inv Cap0.64
Net Inc/Inv Cap-0.37Total Liab/Comm Equity0.20
Pretax Inc/Net Sales-6.15Interest Coverage Ratio-13.86
Net Inc/Net Sales-6.16Curr Debt/EquityNA
Cash Flow/Net Sales-5.35LTD/Equity1.13
SG&A/NetSales3.84Total Debt/Equity1.13
Asset Utilization   Liquidity  
Net Receivables Turnover4.83Quick Ratio16.61
Inventory Turnover3.28Current Ratio16.69
Inventory Day Sales0.01Net Rec/Curr Assets0.01
Net Sales/Work Cap0.06Inv/Curr Assets0.00
Net Sales/PP&E1.74  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 0.99 1.02 0.54 1.08
Cost of Goods Sold 0.12 0.11 0.65 0.06
Selling & Admin Exps 2.94 3.05 3.37 2.69
Operating Income -3.74 -3.96 -5.47 -3.93
Interest Exp 0.37 0.34 0.33 0.33
Pretax Income -4.00 -4.21 -5.71 -4.17
Other Income 0.10 0.10 0.10 0.09
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -4.01 -4.22 -5.71 -4.18

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 44.18 48.53 50.56 53.89
Receivables - Total 0.57 0.40 0.53 0.24
Inventories - Total 0.29 0.24 0.25 0.36
Total Current Assets 46.52 50.44 52.22 55.68
Net Property, Plant & Equipment 1.57 1.76 1.84 2.41
Total Assets 48.43 52.65 56.57 61.59
Liabilities        
Accounts Payable 1.86 2.20 2.39 2.63
Debt in Current Liabilities 4.17 2.08 NA NA
Total Current Liabilities 6.69 5.17 3.13 3.83
Long-Term Debt 21.06 23.09 25.13 25.08
Total Liabilities 33.67 34.28 34.38 34.08
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings -159.77 -155.77 -151.55 -145.84
Treasury Stock NA NA NA NA
Total Stockholders' Equity 14.76 18.37 22.20 27.51
Total Liabilities and Stockholders' Equity 48.43 52.65 56.57 61.59

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -4.39 -4.53 -4.28 -3.93
Net Cash Provided by Investing Activities 10.27 10.06 -4.20 -13.11
Net Cash Provided by Financing Activities 0.00 0.02 0.01 0.16

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20146.98-18.34--
12/20155.41-17.960.73
12/20163.19-19.62-0.44
Growth Rates-32.43----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17165,07411.89




Report Date : 10/23/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.