2022 Q1 Form 10-Q Financial Statement
#000086311022000022 Filed on May 05, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $22.19M | $20.65M |
| YoY Change | 7.47% | 3.74% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $3.085M | $3.012M |
| YoY Change | 2.42% | 9.45% |
| % of Gross Profit | ||
| Operating Expenses | $17.44M | $16.20M |
| YoY Change | 7.66% | 4.95% |
| Operating Profit | $4.743M | $4.442M |
| YoY Change | 6.78% | -0.45% |
| Interest Expense | $1.887M | $1.882M |
| YoY Change | 0.27% | -0.9% |
| % of Operating Profit | 39.78% | 42.37% |
| Other Income/Expense, Net | $1.446M | $1.402M |
| YoY Change | 3.14% | 28.86% |
| Pretax Income | $5.902M | $6.088M |
| YoY Change | -3.06% | 1.93% |
| Income Tax | $1.419M | $1.351M |
| % Of Pretax Income | 24.04% | 22.19% |
| Net Earnings | $4.483M | $4.206M |
| YoY Change | 6.59% | 3.24% |
| Net Earnings / Revenue | 20.21% | 20.37% |
| Basic Earnings Per Share | $0.48 | $0.45 |
| Diluted Earnings Per Share | $0.47 | $0.45 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 9.423M | 9.368M |
| Diluted Shares Outstanding | 9.455M | 9.407M |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $478.0K | $200.0K |
| YoY Change | 139.0% | -33.33% |
| Cash & Equivalents | $478.0K | $200.0K |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.889M | $4.200M |
| YoY Change | 16.4% | -2.33% |
| Inventory | $2.852M | $1.400M |
| Prepaid Expenses | ||
| Receivables | $6.440M | $8.800M |
| Other Receivables | $977.0K | $0.00 |
| Total Short-Term Assets | $15.64M | $14.60M |
| YoY Change | 7.1% | 15.15% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $622.6M | $571.6M |
| YoY Change | 8.93% | 14969.87% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $14.23M | $12.10M |
| YoY Change | 17.56% | 159.32% |
| Total Long-Term Assets | $637.1M | $583.8M |
| YoY Change | 9.13% | 5.59% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $15.64M | $14.60M |
| Total Long-Term Assets | $637.1M | $583.8M |
| Total Assets | $652.8M | $598.4M |
| YoY Change | 9.08% | 5.8% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $12.44M | $6.000M |
| YoY Change | 107.35% | -9.05% |
| Accrued Expenses | $5.623M | $8.200M |
| YoY Change | -31.43% | 202.81% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $27.54M | $22.70M |
| YoY Change | 21.33% | 160.92% |
| Long-Term Debt Due | $1.563M | $1.700M |
| YoY Change | -8.06% | -5.56% |
| Total Short-Term Liabilities | $51.92M | $44.20M |
| YoY Change | 17.48% | 58.29% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $142.9M | $141.9M |
| YoY Change | 0.71% | -1.16% |
| Other Long-Term Liabilities | $224.0M | $191.3M |
| YoY Change | 17.09% | 5.81% |
| Total Long-Term Liabilities | $366.9M | $333.2M |
| YoY Change | 10.11% | 320.23% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $51.92M | $44.20M |
| Total Long-Term Liabilities | $366.9M | $333.2M |
| Total Liabilities | $472.2M | $426.5M |
| YoY Change | 10.71% | 297.81% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $180.6M | $171.9M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $652.8M | $598.4M |
| YoY Change | 9.08% | 5.8% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $4.483M | $4.206M |
| YoY Change | 6.59% | 3.24% |
| Depreciation, Depletion And Amortization | $3.085M | $3.012M |
| YoY Change | 2.42% | 9.45% |
| Cash From Operating Activities | $11.82M | $13.32M |
| YoY Change | -11.27% | 86.84% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$9.776M | -$9.350M |
| YoY Change | 4.56% | -201.5% |
| Acquisitions | $2.842M | |
| YoY Change | ||
| Other Investing Activities | -$2.840M | $10.00K |
| YoY Change | -28500.0% | -66.67% |
| Cash From Investing Activities | -$12.62M | -$9.340M |
| YoY Change | 35.07% | 1.72% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $2.518M | |
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | $379.0K | |
| YoY Change | ||
| Cash From Financing Activities | 1.183M | -3.760M |
| YoY Change | -131.46% | -310.41% |
| NET CHANGE | ||
| Cash From Operating Activities | 11.82M | 13.32M |
| Cash From Investing Activities | -12.62M | -9.340M |
| Cash From Financing Activities | 1.183M | -3.760M |
| Net Change In Cash | 386.0K | 220.0K |
| YoY Change | 75.45% | -182.71% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $11.82M | $13.32M |
| Capital Expenditures | -$9.776M | -$9.350M |
| Free Cash Flow | $21.60M | $22.67M |
| YoY Change | -4.74% | -1188.33% |
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