2021 Q4 Form 10-Q Financial Statement
#000114036121037383 Filed on November 10, 2021
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
Revenue | $49.73M | $49.29M | $46.27M |
YoY Change | -17.02% | 6.53% | -3.09% |
Cost Of Revenue | $35.05M | $29.22M | |
YoY Change | 19.94% | -15.84% | |
Gross Profit | $14.25M | $17.05M | |
YoY Change | -16.45% | 30.89% | |
Gross Profit Margin | 28.9% | 36.85% | |
Selling, General & Admin | $10.83M | $11.93M | $11.20M |
YoY Change | -10.75% | 6.49% | -2.35% |
% of Gross Profit | 83.73% | 65.69% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $23.20M | $210.0K | $270.0K |
YoY Change | 18.36% | -22.22% | 8.0% |
% of Gross Profit | 1.47% | 1.58% | |
Operating Expenses | $46.00M | $50.24M | $43.47M |
YoY Change | 3.22% | 15.56% | -11.21% |
Operating Profit | -$35.99M | -$26.42M | |
YoY Change | 36.23% | -26.48% | |
Interest Expense | -$347.0K | -$347.0K | $363.0K |
YoY Change | -3.61% | -195.59% | -31.89% |
% of Operating Profit | |||
Other Income/Expense, Net | $3.264M | $3.052M | |
YoY Change | 6.95% | 10.34% | |
Pretax Income | $3.388M | -$1.293M | $2.433M |
YoY Change | -77.44% | -153.14% | -239.51% |
Income Tax | $723.0K | -$378.0K | $557.0K |
% Of Pretax Income | 21.34% | 22.89% | |
Net Earnings | $2.665M | -$915.0K | $1.876M |
YoY Change | -77.51% | -148.77% | -234.77% |
Net Earnings / Revenue | 5.36% | -1.86% | 4.05% |
Basic Earnings Per Share | -$0.05 | $0.09 | |
Diluted Earnings Per Share | $130.8K | -$0.05 | $0.09 |
COMMON SHARES | |||
Basic Shares Outstanding | 20.38M | 20.40M | 20.44M |
Diluted Shares Outstanding | 20.40M | 21.82M |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $24.75M | $14.33M | $8.940M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.143M | $5.000M | |
YoY Change | -13.69% | -10.71% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.238M | $285.9M | $1.238M |
YoY Change | 0.0% | 22996.28% | 0.0% |
Other Assets | $1.755M | $321.0K | $700.0K |
YoY Change | -54.14% | 250.0% | |
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | $402.3M | $404.1M | $385.0M |
YoY Change | -0.72% | 4.97% | 0.42% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $4.378M | $5.200M | |
YoY Change | -14.16% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $25.47M | $24.59M | $22.10M |
YoY Change | -3.54% | 11.25% | -36.68% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $33.74M | $33.74M | $33.70M |
YoY Change | 0.11% | 0.11% | 0.0% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $33.74M | $33.74M | $33.70M |
YoY Change | 0.11% | 0.11% | 0.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $25.47M | $24.59M | $22.10M |
Total Long-Term Liabilities | $33.74M | $33.74M | $33.70M |
Total Liabilities | $261.0M | $264.1M | $256.9M |
YoY Change | 0.34% | 2.78% | -3.74% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $51.26M | $36.04M | |
YoY Change | 7.27% | 3.42% | |
Common Stock | $22.40M | $22.40M | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $7.490M | $7.341M | |
YoY Change | 2.06% | -2.92% | |
Treasury Stock Shares | $2.022M | $1.987M | |
Shareholders Equity | $141.3M | $140.0M | $128.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $402.3M | $404.1M | $385.0M |
YoY Change | -0.72% | 4.97% | 0.42% |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.665M | -$915.0K | $1.876M |
YoY Change | -77.51% | -148.77% | -234.77% |
Depreciation, Depletion And Amortization | $23.20M | $210.0K | $270.0K |
YoY Change | 18.36% | -22.22% | 8.0% |
Cash From Operating Activities | $10.64M | $4.332M | -$1.460M |
YoY Change | 7.82% | -396.71% | 317.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$18.00K | -$24.00K | -$30.00K |
YoY Change | -55.0% | -20.0% | 200.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $201.0K | $614.0K | -$5.850M |
YoY Change | -78.84% | -110.5% | -123.46% |
Cash From Investing Activities | $183.0K | $590.0K | -$5.880M |
YoY Change | -79.89% | -110.03% | -123.59% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -399.0K | -127.0K | -70.00K |
YoY Change | -0.25% | 81.43% | 600.0% |
NET CHANGE | |||
Cash From Operating Activities | 10.64M | 4.332M | -1.460M |
Cash From Investing Activities | 183.0K | 590.0K | -5.880M |
Cash From Financing Activities | -399.0K | -127.0K | -70.00K |
Net Change In Cash | 10.43M | 4.795M | -7.410M |
YoY Change | 0.44% | -164.71% | -130.16% |
FREE CASH FLOW | |||
Cash From Operating Activities | $10.64M | $4.332M | -$1.460M |
Capital Expenditures | -$18.00K | -$24.00K | -$30.00K |
Free Cash Flow | $10.66M | $4.356M | -$1.430M |
YoY Change | 7.57% | -404.62% | 320.59% |
Facts In Submission
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