2013 Q3 Form 10-Q Financial Statement

#000114420413061383 Filed on November 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $6.823M $8.610M
YoY Change -20.75% 23.0%
Cost Of Revenue $4.550M $5.300M
YoY Change -14.15% 15.97%
Gross Profit $2.273M $3.310M
YoY Change -31.33% 36.21%
Gross Profit Margin 33.31% 38.44%
Selling, General & Admin $2.117M $2.320M
YoY Change -8.75% 31.82%
% of Gross Profit 93.14% 70.09%
Research & Development $780.0K $820.0K
YoY Change -4.88% 20.59%
% of Gross Profit 34.32% 24.77%
Depreciation & Amortization $310.0K $350.0K
YoY Change -11.43% 12.9%
% of Gross Profit 13.64% 10.57%
Operating Expenses $2.897M $3.130M
YoY Change -7.44% 28.28%
Operating Profit -$624.0K $180.0K
YoY Change -446.67% -1900.0%
Interest Expense $64.00K -$90.00K
YoY Change -171.11% 125.0%
% of Operating Profit -50.0%
Other Income/Expense, Net -$64.00K
YoY Change
Pretax Income -$688.0K $90.00K
YoY Change -864.44% -280.0%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$688.0K $90.00K
YoY Change -864.44% -280.0%
Net Earnings / Revenue -10.08% 1.05%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.11 $0.01
COMMON SHARES
Basic Shares Outstanding 6.216M shares
Diluted Shares Outstanding 6.216M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $50.00K $170.0K
YoY Change -70.59% -89.17%
Cash & Equivalents $54.00K $170.0K
Short-Term Investments
Other Short-Term Assets $910.0K $1.340M
YoY Change -32.09% 39.58%
Inventory $9.320M $10.90M
Prepaid Expenses
Receivables $2.870M $4.610M
Other Receivables $0.00 $0.00
Total Short-Term Assets $13.16M $17.03M
YoY Change -22.72% 16.96%
LONG-TERM ASSETS
Property, Plant & Equipment $3.766M $4.060M
YoY Change -7.24% 4.37%
Goodwill $493.0K
YoY Change
Intangibles $483.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets $168.0K $6.270M
YoY Change -97.32% -19.72%
Total Long-Term Assets $9.748M $13.89M
YoY Change -29.82% 10.41%
TOTAL ASSETS
Total Short-Term Assets $13.16M $17.03M
Total Long-Term Assets $9.748M $13.89M
Total Assets $22.91M $30.92M
YoY Change -25.91% 13.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $942.0K $1.860M
YoY Change -49.35% 73.83%
Accrued Expenses $1.500M $1.620M
YoY Change -7.41% 78.02%
Deferred Revenue
YoY Change
Short-Term Debt $1.190M $3.500M
YoY Change -66.0%
Long-Term Debt Due $274.0K $270.0K
YoY Change 1.48% 3.85%
Total Short-Term Liabilities $3.920M $7.300M
YoY Change -46.3% 218.78%
LONG-TERM LIABILITIES
Long-Term Debt $3.959M $4.210M
YoY Change -5.96% 45.67%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.959M $4.210M
YoY Change -5.96% 45.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.920M $7.300M
Total Long-Term Liabilities $3.959M $4.210M
Total Liabilities $7.879M $11.51M
YoY Change -31.55% 122.63%
SHAREHOLDERS EQUITY
Retained Earnings -$2.202M
YoY Change
Common Stock $26.13M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.308M
YoY Change
Treasury Stock Shares 2.248M shares
Shareholders Equity $15.00M $19.42M
YoY Change
Total Liabilities & Shareholders Equity $22.91M $30.92M
YoY Change -25.91% 13.93%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$688.0K $90.00K
YoY Change -864.44% -280.0%
Depreciation, Depletion And Amortization $310.0K $350.0K
YoY Change -11.43% 12.9%
Cash From Operating Activities $420.0K $500.0K
YoY Change -16.0% 25.0%
INVESTING ACTIVITIES
Capital Expenditures $60.00K $240.0K
YoY Change -75.0% 9.09%
Acquisitions
YoY Change
Other Investing Activities $0.00 $130.0K
YoY Change -100.0%
Cash From Investing Activities -$60.00K -$110.0K
YoY Change -45.45% -50.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -480.0K -430.0K
YoY Change 11.63% 514.29%
NET CHANGE
Cash From Operating Activities 420.0K 500.0K
Cash From Investing Activities -60.00K -110.0K
Cash From Financing Activities -480.0K -430.0K
Net Change In Cash -120.0K -40.00K
YoY Change 200.0% -136.36%
FREE CASH FLOW
Cash From Operating Activities $420.0K $500.0K
Capital Expenditures $60.00K $240.0K
Free Cash Flow $360.0K $260.0K
YoY Change 38.46% 44.44%

Facts In Submission

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Files In Submission

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0001144204-13-061383-xbrl.zip Edgar Link pending
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