2021 Q4 Form 10-Q Financial Statement

#000114036121037383 Filed on November 10, 2021

View on sec.gov

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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