Kips Bay Medical, Inc. company info

CIK 1460198
IRS Number 208947689
State of incorporation DE
Business address 3405 ANNAPOLIS LANE
None
MINNEAPOLIS
MN
55447
Mail address 3405 ANNAPOLIS LANE
None
MINNEAPOLIS
MN
55447

Short summary

Kips Bay Medical, Inc. is a Minnesota company, with head office located at 3405 Annapolis Lane Minneapolis, Minnesota 55447. In 2014 the company owned a total of 2.16 million USD worth of assets, including 2.15 million USD worth of current assets. 2012 was the year when the company amassed the most assets. The company net sales last year amounted to 84.00 thousand USD. The company allocated 2.50 million USD of its income to research and development.

Kips Bay Medical, Inc. Income Statement

Name [in Millions USD]2008200920102011201220132014Trends
Revenue, Net 0.230.130.08
Gross Profit 0.150.160.130.070.04
Selling, General and Administrative Expense 0.781.332.763.173.073.15
Research and development 3.002.521.682.483.082.50
Operating Income (Loss) -3.78-8.70-4.27-5.52-6.08-5.61
Interest expense 0.180.00
Income Tax Expense (Benefit) -0.04

Kips Bay Medical, Inc. Balance Sheet

Name [in Millions USD]2008200920102011201220132014Trends
Cash and cash equivalents 0.942.4716.962.332.084.721.90
Accounts Receivable, Net, Current 0.060.030.040.010.02
Inventories 0.610.980.850.730
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.190.350.420.470.20
Total assets 6.178.639.087.352.16
Current assets 5.718.158.656.982.15
Accounts payable 0.180.170.050.030.00
Total current liabilities 5.720.430.380.500.47
Common Stock, Value, Issued 0.140.160.270.330.33
Retained Earnings (Accumulated Deficit) -20.09-27.00-32.81-38.78-44.21
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.00-0.0000

Kips Bay Medical, Inc. Cash Flow

Name [in Millions USD]2008200920102011201220132014Trends
Depreciation and amortization 0.060.070.110.110.060.05
Accounts receivable 0.06-0.02-0.01-0.00-0.02
Inventories 0.610.290.02-0.12-0.12
Accounts payable 0.060.10-0.100.25-0.19-0.06
Payments to Acquire Property, Plant, and Equipment 0.110.250.110.120.020.00
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.840.47-2.951.82-1.832.21
Proceeds from Issuance of Common Stock 5.44
Cash and Cash Equivalents, Period Increase (Decrease) 2.663.19-7.090.82