2014 Q4 Form 10-Q Financial Statement

#000114420414068129 Filed on November 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $6.060M $8.659M $6.823M
YoY Change -15.6% 26.91% -20.75%
Cost Of Revenue $3.820M $5.173M $4.550M
YoY Change -24.8% 13.69% -14.15%
Gross Profit $2.240M $3.486M $2.273M
YoY Change 6.67% 53.37% -31.33%
Gross Profit Margin 36.96% 40.26% 33.31%
Selling, General & Admin $2.040M $1.968M $2.117M
YoY Change -3.77% -7.04% -8.75%
% of Gross Profit 91.07% 56.45% 93.14%
Research & Development $780.0K $865.0K $780.0K
YoY Change -13.33% 10.9% -4.88%
% of Gross Profit 34.82% 24.81% 34.32%
Depreciation & Amortization $340.0K $360.0K $310.0K
YoY Change 0.0% 16.13% -11.43%
% of Gross Profit 15.18% 10.33% 13.64%
Operating Expenses $2.830M $2.833M $2.897M
YoY Change -6.6% -2.21% -7.44%
Operating Profit -$590.0K $653.0K -$624.0K
YoY Change -36.56% -204.65% -446.67%
Interest Expense -$60.00K $69.00K $64.00K
YoY Change -14.29% 7.81% -171.11%
% of Operating Profit 10.57%
Other Income/Expense, Net -$64.00K
YoY Change
Pretax Income -$640.0K $584.0K -$688.0K
YoY Change -35.35% -184.88% -864.44%
Income Tax $30.00K $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$670.0K $584.0K -$688.0K
YoY Change -32.32% -184.88% -864.44%
Net Earnings / Revenue -11.06% 6.74% -10.08%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.11 $0.09 -$0.11
COMMON SHARES
Basic Shares Outstanding 6.229M shares 6.226M shares 6.216M shares
Diluted Shares Outstanding 6.320M shares 6.216M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $230.0K $1.430M $50.00K
YoY Change 228.57% 2760.0% -70.59%
Cash & Equivalents $232.0K $1.430M $54.00K
Short-Term Investments
Other Short-Term Assets $650.0K $1.120M $910.0K
YoY Change -25.29% 23.08% -32.09%
Inventory $9.257M $8.014M $9.320M
Prepaid Expenses
Receivables $2.425M $2.681M $2.870M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.57M $13.24M $13.16M
YoY Change -4.49% 0.62% -22.72%
LONG-TERM ASSETS
Property, Plant & Equipment $3.923M $3.879M $3.766M
YoY Change 5.74% 3.0% -7.24%
Goodwill $493.0K $493.0K $493.0K
YoY Change 0.0% 0.0%
Intangibles $645.0K $617.0K $483.0K
YoY Change -18.56% 27.74%
Long-Term Investments
YoY Change
Other Assets $28.00K $135.0K $168.0K
YoY Change -82.39% -19.64% -97.32%
Total Long-Term Assets $8.679M $9.160M $9.748M
YoY Change -8.5% -6.03% -29.82%
TOTAL ASSETS
Total Short-Term Assets $12.57M $13.24M $13.16M
Total Long-Term Assets $8.679M $9.160M $9.748M
Total Assets $21.24M $22.40M $22.91M
YoY Change -6.17% -2.21% -25.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.351M $1.491M $942.0K
YoY Change -9.51% 58.28% -49.35%
Accrued Expenses $870.0K $870.0K $1.500M
YoY Change 45.0% -42.0% -7.41%
Deferred Revenue
YoY Change
Short-Term Debt $1.270M $1.000M $1.190M
YoY Change -0.78% -15.97% -66.0%
Long-Term Debt Due $286.0K $3.900M $274.0K
YoY Change 5.93% 1323.36% 1.48%
Total Short-Term Liabilities $3.804M $7.280M $3.920M
YoY Change 4.02% 85.71% -46.3%
LONG-TERM LIABILITIES
Long-Term Debt $3.607M $60.00K $3.959M
YoY Change -7.35% -98.48% -5.96%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.607M $60.00K $3.959M
YoY Change -7.35% -98.48% -5.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.804M $7.280M $3.920M
Total Long-Term Liabilities $3.607M $60.00K $3.959M
Total Liabilities $7.411M $7.410M $7.879M
YoY Change -1.84% -5.95% -31.55%
SHAREHOLDERS EQUITY
Retained Earnings -$4.096M -$2.202M
YoY Change 28.24%
Common Stock $26.44M $26.13M
YoY Change 0.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.255M $7.308M
YoY Change -0.73%
Treasury Stock Shares 2.202M shares 2.235K shares 2.248M shares
Shareholders Equity $13.74M $15.00M $15.00M
YoY Change
Total Liabilities & Shareholders Equity $21.24M $22.40M $22.91M
YoY Change -6.17% -2.22% -25.91%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$670.0K $584.0K -$688.0K
YoY Change -32.32% -184.88% -864.44%
Depreciation, Depletion And Amortization $340.0K $360.0K $310.0K
YoY Change 0.0% 16.13% -11.43%
Cash From Operating Activities -$1.090M $2.330M $420.0K
YoY Change -309.62% 454.76% -16.0%
INVESTING ACTIVITIES
Capital Expenditures $350.0K $90.00K $60.00K
YoY Change -33.96% 50.0% -75.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$350.0K -$90.00K -$60.00K
YoY Change -33.96% 50.0% -45.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 250.0K -860.0K -480.0K
YoY Change 1150.0% 79.17% 11.63%
NET CHANGE
Cash From Operating Activities -1.090M 2.330M 420.0K
Cash From Investing Activities -350.0K -90.00K -60.00K
Cash From Financing Activities 250.0K -860.0K -480.0K
Net Change In Cash -1.190M 1.380M -120.0K
YoY Change -12000.0% -1250.0% 200.0%
FREE CASH FLOW
Cash From Operating Activities -$1.090M $2.330M $420.0K
Capital Expenditures $350.0K $90.00K $60.00K
Free Cash Flow -$1.440M $2.240M $360.0K
YoY Change 14300.0% 522.22% 38.46%

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us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
BLONDER TONGUE LABORATORIES INC
dei Entity Central Index Key
EntityCentralIndexKey
0001000683
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
BDR
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6229070 shares
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12000 USD

Files In Submission

Name View Source Status
0001144204-14-068129-index-headers.html Edgar Link pending
0001144204-14-068129-index.html Edgar Link pending
0001144204-14-068129.txt Edgar Link pending
0001144204-14-068129-xbrl.zip Edgar Link pending
bdr-20140930.xml Edgar Link completed
bdr-20140930.xsd Edgar Link pending
bdr-20140930_cal.xml Edgar Link unprocessable
bdr-20140930_def.xml Edgar Link unprocessable
bdr-20140930_lab.xml Edgar Link unprocessable
bdr-20140930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
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R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
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R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v392971_10q.htm Edgar Link pending
v392971_ex31-1.htm Edgar Link pending
v392971_ex31-2.htm Edgar Link pending
v392971_ex32-1.htm Edgar Link pending