2022 Q1 Form 10-Q Financial Statement
#000119312522123963 Filed on April 27, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $53.38M |
| YoY Change | -2.63% |
| Cost Of Revenue | $18.98M |
| YoY Change | -0.99% |
| Gross Profit | $34.40M |
| YoY Change | -3.51% |
| Gross Profit Margin | 64.44% |
| Selling, General & Admin | $26.38M |
| YoY Change | 13.64% |
| % of Gross Profit | 76.68% |
| Research & Development | $8.237M |
| YoY Change | -0.52% |
| % of Gross Profit | 23.95% |
| Depreciation & Amortization | $2.061M |
| YoY Change | -4.58% |
| % of Gross Profit | 5.99% |
| Operating Expenses | $35.76M |
| YoY Change | 13.53% |
| Operating Profit | -$1.364M |
| YoY Change | -132.87% |
| Interest Expense | -$387.0K |
| YoY Change | -47.7% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$387.0K |
| YoY Change | |
| Pretax Income | -$2.345M |
| YoY Change | -143.51% |
| Income Tax | -$708.0K |
| % Of Pretax Income | |
| Net Earnings | -$1.637M |
| YoY Change | -131.91% |
| Net Earnings / Revenue | -3.07% |
| Basic Earnings Per Share | -$0.04 |
| Diluted Earnings Per Share | -$39.51K |
| COMMON SHARES | |
| Basic Shares Outstanding | 41.44K |
| Diluted Shares Outstanding | 41.44K |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $26.71M |
| YoY Change | -24.13% |
| Cash & Equivalents | $41.00K |
| Short-Term Investments | |
| Other Short-Term Assets | $21.84M |
| YoY Change | -3.79% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $34.04M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $82.58M |
| YoY Change | -6.58% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $49.97M |
| YoY Change | 109.09% |
| Goodwill | $74.84M |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $6.612M |
| YoY Change | 8.39% |
| Total Long-Term Assets | $144.3M |
| YoY Change | 43.3% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $82.58M |
| Total Long-Term Assets | $144.3M |
| Total Assets | $226.9M |
| YoY Change | 19.98% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $14.03M |
| YoY Change | 20.92% |
| Accrued Expenses | $25.80M |
| YoY Change | 4.46% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $103.9M |
| YoY Change | 9.18% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $22.85M |
| YoY Change | 280.87% |
| Total Long-Term Liabilities | $22.85M |
| YoY Change | 280.87% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $103.9M |
| Total Long-Term Liabilities | $22.85M |
| Total Liabilities | $126.8M |
| YoY Change | 25.29% |
| 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 | $100.1M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $226.9M |
| YoY Change | 19.98% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.637M |
| YoY Change | -131.91% |
| Depreciation, Depletion And Amortization | $2.061M |
| YoY Change | -4.58% |
| Cash From Operating Activities | -$690.0K |
| YoY Change | 15.0% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$4.766M |
| YoY Change | 213.55% |
| Acquisitions | $13.18M |
| YoY Change | |
| Other Investing Activities | -$13.18M |
| YoY Change | |
| Cash From Investing Activities | -$17.94M |
| YoY Change | 1080.39% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 100.0K |
| YoY Change | -81.13% |
| NET CHANGE | |
| Cash From Operating Activities | -690.0K |
| Cash From Investing Activities | -17.94M |
| Cash From Financing Activities | 100.0K |
| Net Change In Cash | -18.53M |
| YoY Change | 1065.53% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$690.0K |
| Capital Expenditures | -$4.766M |
| Free Cash Flow | $4.076M |
| YoY Change | 343.04% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Goodwill
Goodwill
|
74838000 | |
| CY2022Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2022Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2022Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MA |
