Tuesday, May 24, 2016

Just Like What Happened in LA, the 114 San Diego, CA Area Publicly-Held Companies 2015 Total Audited Earnings Dropped Precipitously, Down 35% From 2014 and Down 26% From 2013 ..... Something Horrible Happened to the San Diego Area Economy in the Past Year and Company Suppliers, Employees and Their Families Must Be Suffering Severely ..... San Diego's Very Well-Heeled 1% Not So Much Suffering ..... The Democratic and Republican Establishments Have Done Nothing To Create a Favorable Economic Enironment For San Diego Companies to Prosper in 2015 ..... They Did Again Give Large Tax Breaks To the Already Very Profitable San Diego Companies That Didn't Need Them ..... It's Clear To Me Why Bernie Sanders and Donald Trump Are Now So Popular With Both the Middle and Lower Economic Classes in the US ..... It Is Also Clear Why These People Have Taken To the Streets in Sanders and Trump Rallies, Protesting the Ineffective Democratic and Republican Establishments Which Have Created in Large Part San Diego's and the Country's Economic Mess and Massive Income Inequality

From both the superb Google Finance website and US Company SEC filings, below here are the reported US GAAP Audited Earnings (Losses) From Continuing Operations for the most recent Annual Fiscal Year End (FYE) 2015 and for 2012 through 2014 for the 114 Publicly-Held San Diego Area of California HQed Companies with Stock Market Capitalizations of at Least $1 Mil and and which have filed their 2015 financial statements with the SEC:





 Annual   Annual   Annual   Annual 




2015 2014 2013 2012




Net Net Net Net


Most Income Income Income Income
City State Recent (Loss) (Loss) (Loss) (Loss)
San Diego Area Publicly-Held Companies HQs HQs FYE  $ mils  $ mils  $ mils  $ mils








Ionis Pharmaceuticals Carlsbad CA Dec 15            (88)            (39)            (61)            (65)
ViaSat Inc Carlsbad CA Mar 15             40              (9)            (41)               8
MaxLinear Inc Carlsbad CA Dec 15            (42)              (7)            (13)            (13)
Callaway Golf Co Carlsbad CA Dec 15             15             16            (19)          (123)
GenMark Diagnostics Inc Carlsbad CA Dec 15            (42)            (38)            (34)            (22)
HomeFed Corp Carlsbad CA Dec 15               7               5             13               7
SeaSpine Holdings Carlsbad CA Dec 15            (56)            (25)            (26)            (30)
Alphatec Holdings Carlsbad CA Dec 15       (178.7)         (12.9)         (82.2)         (15.5)
ArtVentive Medical Group Carlsbad CA Dec 15           (3.5)           (6.3)           (3.5)           (0.9)
Intl Stem Cell Corp Carlsbad CA Dec 15           (2.6)         (12.5)         (10.5)           (9.8)
Motivating the Masses Carlsbad CA Dec 15           (1.3)           (0.8)           (0.8)           (0.1)
NTN Buzztime Carlsbad CA Dec 15           (7.2)           (5.0)           (1.1)           (1.0)
Patriot Scientific Carlsbad CA May 15           (1.5)           (1.6)            1.1           (3.5)
Signal Genetics Carlsbad CA Dec 15         (11.3)           (7.9)           (2.2)           (4.7)
Youngevity Intl Inc Chula Vista CA Dec 15              (2)               5               3              (1)
Pure Bioscience El Cajon CA Jul 15           (7.6)         (11.1)           (7.7)           (8.9)
Royale Energy El Cajon CA Dec 15           (2.0)           (2.2)            1.1         (13.7)
Ligand Pharmaceuticals Inc La Jolla CA Dec 15           255             11               9              (3)
MediciNova La Jolla CA Dec 15              (9)              (9)              (4)            (11)
Orexigen Therapeutics Inc La Jolla CA Dec 15            (69)            (38)            (78)            (90)
PICO Holdings Inc La Jolla CA Dec 15            (32)            (46)              (6)            (16)
Innovus Pharmaceuticals La Jolla CA Dec 15           (4.2)           (4.8)           (4.0)           (0.2)
Kura Oncology La Jolla CA Dec 15         (22.6)           (3.7)    
Panther Biotechnology La Jolla CA May 15           (4.2)           (0.0)           (0.0)           (0.0)
Reven Housing REIT La Jolla CA Dec 15           (1.8)           (1.3)           (1.1)           (0.6)
Sophiris Bio La Jolla CA Dec 15         (14.2)         (30.7)         (11.1)         (21.2)
Regen BioPharma La Mesa CA Sep 15         (11.2)           (0.8)           (0.4)           (0.0)
Cohu Inc Poway CA Dec 15               6             15            (29)            (11)
Digirad Corp Poway CA Dec 15             22               2               0              (5)
Premier Pacific Construction Poway CA Dec 15           (0.0)            0.0           (0.0)
Mentor Capital Ramona CA Dec 15           (0.8)           (0.5)           (0.3)           (0.2)
Qualcomm San Diego CA Sep 15        5,268        7,534        6,845        5,283
Illumina San Diego CA Dec 15           457           353           125           151
Realty Income Corp San Diego CA Dec 15           285           269           181           142
ResMed San Diego CA Jun 15           353           345           307           255
DexCom Inc San Diego CA Dec 15            (58)            (22)            (30)            (55)
Neurocrine Biosciences Inc San Diego CA Dec 15            (89)            (61)            (46)               5
ACADIA Pharmaceuticals Inc San Diego CA Dec 15          (164)            (92)            (38)            (21)
PriceSmart San Diego CA Aug 15             89             93             84             68
NuVasive Inc San Diego CA Dec 15             65            (17)               7               2
Jack in the Box San Diego CA Sep 15           113             95             83             68
American Assets Trust Inc San Diego CA Dec 15             54             31             23             14
AMN Healthcare Services Inc San Diego CA Dec 15             82             33             33             16
WD-40 Company San Diego CA Aug 15             45             44             40             35
Halozyme Therapeutics Inc San Diego CA Dec 15            (32)            (68)            (83)            (54)
BofI Holding San Diego CA Jun 15             83             56             40             29
Cubic Corp San Diego CA Sep 15             23             70             25             98
Adamis Pharmaceuticals San Diego CA Dec 15            (14)              (8)              (7)              (5)
Arena Pharmaceuticals Inc San Diego CA Dec 15          (108)            (61)            (19)            (85)
Bridgepoint Education Inc San Diego CA Dec 15            (70)             10             46           121
Cidara Therapeutics San Diego CA Dec 15            (32)            (12)              (1)              (0)
Cytori Therapeutics San Diego CA Dec 15            (19)            (37)            (26)            (32)
Encore Capital Group Inc San Diego CA Dec 15             47           100             75             79
Fincera Inc San Diego CA Dec 15               0            (16)              (9)               0
Ignyta Inc San Diego CA Dec 15            (92)            (40)            (14)              (1)
Imageware Systems San Diego CA Dec 15              (9)              (8)            (10)            (10)
Inovio Pharmaceuticals Inc San Diego CA Dec 15            (29)            (36)            (66)            (20)
Kratos Defense & Security Solutions Inc San Diego CA Dec 15            (33)            (76)            (30)          (115)
La Jolla Pharmaceutical Co San Diego CA Dec 15            (42)            (21)            (18)              (8)
Maxwell Technologies San Diego CA Dec 15            (22)              (6)               6               7
Mirati Therapeutics San Diego CA Dec 15            (46)            (33)    
Mitek Systems Inc San Diego CA Sep 15               3              (5)              (7)              (8)
Nantkwest Inc San Diego CA Dec 15          (237)              (6)              (2)
Organovo Holdings Inc San Diego CA Mar 15            (30)            (26)            (44)              (4)
Otonomy Inc San Diego CA Dec 15            (62)            (43)            (20)              (8)
Pfenex Inc San Diego CA Dec 15            (28)            (10)              (4)              (3)
Quidel Corp San Diego CA Dec 15              (6)              (7)               7               5
Regulus Therapeutics Inc San Diego CA Dec 15            (56)            (57)            (19)            (17)
Retail Opportunity Investments Corp San Diego CA Dec 15             25             21             35               8
Retrophin Inc San Diego CA Dec 15           117          (111)            (35)            (30)
Reva Medical Inc San Diego CA Dec 15            (83)            (51)            (28)            (24)
Senomyx San Diego CA Dec 15            (13)            (12)            (12)              (9)
Sequenom Inc San Diego CA Dec 15            (16)               1          (107)          (117)
Sorrento Therapeutics Inc San Diego CA Dec 15            (50)            (35)            (22)              (5)
Tandem Diabetes Care Inc San Diego CA Dec 15            (72)            (80)            (63)            (33)
TrovaGene San Diego CA Dec 15            (27)            (14)            (12)            (12)
Vital Therapies Inc San Diego CA Dec 15            (52)            (48)            (33)              (7)
5BARz Intl San Diego CA Dec 15         (10.4)           (9.7)           (2.3)           (2.0)
Aethlon Medical San Diego CA Mar 15           (7.0)         (13.4)           (4.9)           (8.1)
AmpliPhi Biosciences San Diego CA Dec 15           (0.5)          23.1         (64.6)           (4.3)
Apricus Biosciences San Diego CA Dec 15         (19.0)         (22.5)         (15.9)         (25.7)
aTYR Pharma San Diego CA Dec 15         (48.0)         (24.4)         (20.0)         (12.9)
Biocept San Diego CA Dec 15         (16.9)         (15.9)           (9.2)         (12.3)
Conatus Pharmaceuticals San Diego CA Dec 15         (24.1)         (22.3)         (15.6)           (8.7)
e Digital San Diego CA Mar 15           (0.2)            0.1           (1.5)            1.2
Envision Solar Intl San Diego CA Dec 15           (1.8)           (3.1)           (2.8)           (2.5)
Fate Therapeutics San Diego CA Dec 15         (30.0)         (25.9)         (20.9)         (14.2)
Franklin Wireless San Diego CA Jun 15            1.1           (1.0)           (0.2)           (0.9)
Fresh Healthy Vending Intl San Diego CA Jun 15           (2.1)           (2.4)           (0.6)           (0.0)
Heritage Global San Diego CA Dec 15         (10.4)         (26.5)           (6.4)           (1.8)
IFAN Financial San Diego CA Aug 15           (2.4)           (0.0)           (0.0)
Imprimis Pharmaceuticals San Diego CA Dec 15         (15.9)         (10.1)           (7.6)           (5.4)
Infosonics San Diego CA Dec 15           (1.2)            0.3           (0.6)           (2.5)
Lpath San Diego CA Dec 15         (10.0)         (16.6)           (6.6)           (2.8)
LRAD Corp San Diego CA Sep 15            9.7            3.3            1.3            1.5
Mabvax Therapeutics San Diego CA Dec 15         (18.1)           (7.9)           (5.2)           (8.0)
Mast Therapeutics San Diego CA Dec 15         (39.9)         (28.7)         (21.5)         (15.6)
MEI Pharma San Diego CA Dec 15         (32.7)         (27.1)         (11.2)           (7.5)
MyDx Inc San Diego CA Dec 15           (6.4)           (3.5)

Neothetics San Diego CA Dec 15         (43.2)         (10.8)         (15.0)           (7.8)
Novatel Wireless San Diego CA Dec 15         (52.3)         (39.2)         (43.4)         (89.3)
OncoSec Medical San Diego CA Jul 15         (21.2)         (12.0)           (7.2)           (2.4)
RF Industries Ltd San Diego CA Oct 15            0.9            1.3            5.0            2.6
Sevion Therapeutics San Diego CA Jun 15         (18.1)           (9.2)           (6.1)           (5.1)
SpectraScience San Diego CA Dec 15           (3.6)           (4.5)           (2.7)           (9.1)
Tearlab Corp San Diego CA Dec 15         (33.2)         (23.7)         (29.0)         (19.3)
TRACON Pharmaceuticals San Diego CA Dec 15         (24.4)           (6.8)           (7.7)           (4.9)
Vical Inc San Diego CA Dec 15           (9.2)         (16.5)         (31.2)         (22.9)
Viking Therapeutics San Diego CA Dec 15         (23.4)         (21.9)           (0.1)           (0.1)
Natural Alternatives Intl San Marcos CA Jun 15            3.3            2.0            1.6            4.2
Evoke Pharma Solana Beach CA Dec 15         (12.1)         (13.2)           (2.8)           (2.0)
Flux Power Holdings Vista CA Jun 15           (2.4)           (4.3)            0.4           (2.4)
NuZee Inc Vista CA Sep 15           (1.5)           (3.1)           (1.1)           (0.3)
Omnitek Engineering Vista CA Dec 15           (1.0)           (1.8)           (3.5)           (5.1)








Total all 114


       4,721        7,279        6,389        4,951








2015 Total Earnings % Below That In:






………. 2014


-35%


………. 2013


-26%


………. 2012


-5%