Navigation Links
Dyadic International Reports Third Quarter 2013 Financial Results
Date:11/14/2013

net income of $2.8 million, or $0.09 per basic and $0.08 per diluted share, for the same period a year ago.

Financial Position and Cash Flow AnalysisAt September 30, 2013, cash and cash equivalents were $8.5 million compared to $4.0 million at December 31, 2012.  During the nine months ended September 30, 2013, the Company generated approximately $4.5 million in cash and cash equivalents.  The Company used $496,000 for the same period in 2012.

In July 2013, the Company received the final installment of $2.5 million due under the Abengoa license agreement announced in April 2012.  On November 5, 2013, the Company received $842,000 for partial payment of the remaining upfront fee due under the BASF license agreement.  The payment was due upon completion of the transfer of certain technology to BASF.  In addition to the $842,000 the Company expects to receive approximately $950,000 in cash in the fourth quarter from taxes being withheld by the German government relating to the BASF agreement.

Total Convertible Subordinated Debt ("Debt") as of September 30, 2013 was $6.8 million.  In January 2013, the Debt decreased by $182,000 from $7.0 million as of December 31, 2012, due to the conversion of Debt to common stock.  On October 1, 2013, the Company extended the maturity dates of all of its outstanding debt to January 1, 2015.  The Company has a right to prepay $6.8 million of the debt any time after March 31, 2014, without penalty, with 30 days written notice.  The remaining $1.4 million Note Payable to Stockholder is non-convertible, and is not subject to the prepayment provision.

Capital expenditures for the nine months ended September 30, 2013 were approximately $148,000 and cash generated from the exercise of warrants and stock options was $218,000 for the same period.

2013 Full-year OutlookAs a result of the BASF license transaction, the expected continued growth in prod
'/>"/>

SOURCE Dyadic International, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related biology technology :

1. Dyadic International Partners with Leading Provider of Nutritional Ingredient Solutions for Production of Food Enzymes
2. Dyadic International Launches FibreZyme® G5000 High Performance Powder Pulp and Paper Enzyme in Booth #1065 at Tissue World Americas Conference
3. Dyadic International To Release First Quarter 2012 Financial Results And Host Conference Call
4. Dyadic Demonstrates Industry-leading Biofuels Enzyme Performance
5. Dyadic International to Announce Second Quarter 2012 Financial Results and Host Conference Call on Monday, August 13, 2012
6. Dyadic Netherlands To Develop Baking Enzymes For EU-Funded Research Project
7. Dyadic International Reports 2012 Third Quarter Financial Results
8. 12th U.S. Patent Issued To Dyadic International
9. Dyadic International Upgraded By OTC Markets To "Current Information" Tier
10. Dyadic International To Announce Year-End 2012 Financial Results And Host Conference Call On Thursday, March 7, 2013
11. Dyadic International To Present At World Biofuels Markets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/3/2015)... ... July 03, 2015 , ... The global failure analysis market is expected to ... The bioscience market is expected to grow at the highest CAGR of 8.46%; its ... in the research labs and academic institutions for root cause analysis of failure. The ...
(Date:7/3/2015)... , July 3, 2015 ... den 22. september 2015 på  http://www.openinnovationinscience.at ... Science", der finder sted i ... nylig undersøgelse af internationale forskere og videnskabsmænd ... de to største udfordringer for sundhedsvidenskaben manglen ...
(Date:7/2/2015)... -- Amici Procurement Migrates to the Cloud ... has chosen Microsoft Cloud Solution Provider iomart ...      (Logo: http://photos.prnewswire.com/prnh/20121126/579634) , ... the bio-tech sector with a unique procurement service, helping ... help them obtain best value. Its IT platform hosts ...
(Date:7/1/2015)... and PARIS , ... AgBiome, and Genective, key developer of biotech crops, ... discovery of new generations of insect control traits. ... control to counter the realities of advancing insect ... aligning AgBiome,s unique insect control technology with Genective,s ...
Breaking Biology Technology:Failure Analysis Market to Grow at 7.52% CAGR to 2020 2Failure Analysis Market to Grow at 7.52% CAGR to 2020 3Failure Analysis Market to Grow at 7.52% CAGR to 2020 4Failure Analysis Market to Grow at 7.52% CAGR to 2020 5Lancering af verdens første åbne innovationsprogram til uddannelse af forskere 2Lancering af verdens første åbne innovationsprogram til uddannelse af forskere 3Biotech Procurement Company Moves to Office 365 with iomart 2AgBiome and Genective collaborate to create novel insect-resistant crops 2
... , , , ... , , , , ... a protocol,using 35S-labeled RNA probes [1, 2]. In research studies,it enables ... of the proinflammatory,cytokine granulocyte macrophage colony stimulating factor,[GM-CSF] in normal human ...
... , , , ... , Choose Shrimp Alkaline Phosphatase,for Easier Heat Inactivation , ... , , , Simplify dephosphorylation of 5′ ... dephosphorylation,inactivate Shrimp Alkaline Phosphatase completely,and irreversibly by heating at 65 C for only ...
... , , ... , , , With the introduction ... for the robust amplification of fragments up to,3 kb, providing the highest possible ... , , , Pwo Master is ...
Cached Biology Technology:Detection of mRNAs on Cryosections of the,Cardiovascular System Using DIG-Labeled RNA Probes 2Detection of mRNAs on Cryosections of the,Cardiovascular System Using DIG-Labeled RNA Probes 3Detection of mRNAs on Cryosections of the,Cardiovascular System Using DIG-Labeled RNA Probes 4Detection of mRNAs on Cryosections of the,Cardiovascular System Using DIG-Labeled RNA Probes 5Detection of mRNAs on Cryosections of the,Cardiovascular System Using DIG-Labeled RNA Probes 6Pwo Master*:,Simplify Setup of Your Proofreading PCRs 2Pwo Master*:,Simplify Setup of Your Proofreading PCRs 3
(Date:6/26/2015)... -- ATL Technology, LLC, a top provider of electromechanical contract ... solutions, headquartered in Springville, Utah , has ... corporation with locations in Santa Clara, ... ). This acquisition will incorporate MedConx,s manufacturing ... Technology,s existing facility in Costa Rica , ...
(Date:6/24/2015)... YORK , June 24, 2015 This ... market, over the next six years. It contains an ... the industry, along with their impact from the short, ... It also discusses the industry, market, and technology trends ... that the need of concerned authorities to efficiently manage ...
(Date:6/23/2015)... Research and Markets( ... "Body-Worn Temperature Sensors Market - Global Industry ... - 2020" report to their offering. ... global body-worn temperature sensors market. The global body-worn ... basis of types, care setting, patient demographic, applications ...
Breaking Biology News(10 mins):ATL Technology Announces Acquisition of MedConx, Inc. and Expanded Global Footprint 2Automatic Identification System Market by Class, by Platform, by Application and by Geography - Global Forecasts & Analysis to 2014 - 2020 2Body-Worn Temperature Sensors Market - Global Industry Analysis 2
... Yamanaka MD, PhD, of Kyoto University and the Gladstone ... forward in improving the possibilities for the practical application ... Dr. Yamanaka had shown that adult cells can be ... oncogene as one of the four genes required to ...
... Jim Doyle today announced a historic collaboration between ... care leading to health care that proactively addresses ... research effort among the Marshfield Clinic, Medical College ... Medicine and Public Health (UWSMPH) and UW-Milwaukee (UWM). ...
... one of the most thoroughly studied organisms in the ... understanding variation in physiology, behavior, life history and morphology ... On biological levels from molecular and genetic to developmental ... it has proven far more complex than even imagined. ...
Cached Biology News:Yamanaka eliminates viral vector in stem cell reprogramming 2Governor Doyle announces historic genomic research collaboration 2Fitness in a changing world 2Fitness in a changing world 3
Non-Protein Peroxidase Stabilizer , 1 L...
... the cellular components necessary for protein synthesis ... termination factors) but has not been treated ... primarily for the isolation of these components ... globin mRNA. Untreated Lysate is prepared from ...
... All MagCellect Ferrofluid products ... conjunction with R&D Systems MagCellect ... capacities, this neodymium iron boron ... 12 x 75 mm test ...
... converts Cap 0 (or Cap 0-like) RNA ... structure has been shown to increase in ... This improvement is seen in Cap 0 ... System as well as those Cap 0 ...
Biology Products: