2015 Q4 Form 10-Q Financial Statement

#000114420415065561 Filed on November 16, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $5.210M $5.704M $8.659M
YoY Change -14.03% -34.13% 26.91%
Cost Of Revenue $4.750M $4.931M $5.173M
YoY Change 24.35% -4.68% 13.69%
Gross Profit $470.0K $773.0K $3.486M
YoY Change -79.02% -77.83% 53.37%
Gross Profit Margin 9.02% 13.55% 40.26%
Selling, General & Admin $1.750M $1.779M $1.968M
YoY Change -14.22% -9.6% -7.04%
% of Gross Profit 372.34% 230.14% 56.45%
Research & Development $730.0K $869.0K $865.0K
YoY Change -6.41% 0.46% 10.9%
% of Gross Profit 155.32% 112.42% 24.81%
Depreciation & Amortization $310.0K $360.0K $360.0K
YoY Change -8.82% 0.0% 16.13%
% of Gross Profit 65.96% 46.57% 10.33%
Operating Expenses $2.480M $2.648M $2.833M
YoY Change -12.37% -6.53% -2.21%
Operating Profit -$2.010M -$1.875M $653.0K
YoY Change 240.68% -387.14% -204.65%
Interest Expense -$80.00K $83.00K $69.00K
YoY Change 33.33% 20.29% 7.81%
% of Operating Profit 10.57%
Other Income/Expense, Net
YoY Change
Pretax Income -$2.090M -$1.958M $584.0K
YoY Change 226.56% -435.27% -184.88%
Income Tax $50.00K $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$2.140M -$1.958M $584.0K
YoY Change 219.4% -435.27% -184.88%
Net Earnings / Revenue -41.07% -34.33% 6.74%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.32 -$0.30 $0.09
COMMON SHARES
Basic Shares Outstanding 6.555M shares 6.555M shares 6.226M shares
Diluted Shares Outstanding 6.555M shares 6.320M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00K $300.0K $1.430M
YoY Change -95.65% -79.02% 2760.0%
Cash & Equivalents $9.000K $304.0K $1.430M
Short-Term Investments
Other Short-Term Assets $280.0K $280.0K $1.120M
YoY Change -56.92% -75.0% 23.08%
Inventory $5.595M $7.620M $8.014M
Prepaid Expenses
Receivables $2.432M $2.170M $2.681M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.313M $10.38M $13.24M
YoY Change -33.84% -21.61% 0.62%
LONG-TERM ASSETS
Property, Plant & Equipment $3.621M $3.740M $3.879M
YoY Change -7.7% -3.58% 3.0%
Goodwill $493.0K $493.0K
YoY Change 0.0% 0.0%
Intangibles $458.0K $617.0K
YoY Change -28.99% 27.74%
Long-Term Investments
YoY Change
Other Assets $117.0K $1.520M $135.0K
YoY Change 317.86% 1025.93% -19.64%
Total Long-Term Assets $7.917M $8.181M $9.160M
YoY Change -8.78% -10.69% -6.03%
TOTAL ASSETS
Total Short-Term Assets $8.313M $10.38M $13.24M
Total Long-Term Assets $7.917M $8.181M $9.160M
Total Assets $16.23M $18.56M $22.40M
YoY Change -23.6% -17.15% -2.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.387M $1.944M $1.491M
YoY Change 2.66% 30.38% 58.28%
Accrued Expenses $960.0K $1.010M $870.0K
YoY Change 10.34% 16.09% -42.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.660M $2.540M $1.000M
YoY Change 109.45% 154.0% -15.97%
Long-Term Debt Due $3.604M $3.673M $3.900M
YoY Change 1160.14% -5.82% 1323.36%
Total Short-Term Liabilities $8.622M $9.191M $7.280M
YoY Change 126.66% 26.25% 85.71%
LONG-TERM LIABILITIES
Long-Term Debt $10.00K $14.00K $60.00K
YoY Change -99.72% -76.67% -98.48%
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $10.00K $14.00K $60.00K
YoY Change -99.72% -76.67% -98.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.622M $9.191M $7.280M
Total Long-Term Liabilities $10.00K $14.00K $60.00K
Total Liabilities $8.632M $9.205M $7.410M
YoY Change 16.48% 24.22% -5.95%
SHAREHOLDERS EQUITY
Retained Earnings -$12.20M -$9.471M
YoY Change 197.8%
Common Stock $26.37M $26.40M
YoY Change -0.28%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.634M $6.312M
YoY Change -22.34%
Treasury Stock Shares 1.699M shares 1.909M shares 2.235K shares
Shareholders Equity $7.369M $9.261M $15.00M
YoY Change
Total Liabilities & Shareholders Equity $16.23M $18.56M $22.40M
YoY Change -23.6% -17.14% -2.22%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$2.140M -$1.958M $584.0K
YoY Change 219.4% -435.27% -184.88%
Depreciation, Depletion And Amortization $310.0K $360.0K $360.0K
YoY Change -8.82% 0.0% 16.13%
Cash From Operating Activities -$440.0K $670.0K $2.330M
YoY Change -59.63% -71.24% 454.76%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $20.00K $90.00K
YoY Change -100.0% -77.78% 50.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 -$20.00K -$90.00K
YoY Change -100.0% -77.78% 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 160.0K -380.0K -860.0K
YoY Change -36.0% -55.81% 79.17%
NET CHANGE
Cash From Operating Activities -440.0K 670.0K 2.330M
Cash From Investing Activities 0.000 -20.00K -90.00K
Cash From Financing Activities 160.0K -380.0K -860.0K
Net Change In Cash -280.0K 270.0K 1.380M
YoY Change -76.47% -80.43% -1250.0%
FREE CASH FLOW
Cash From Operating Activities -$440.0K $670.0K $2.330M
Capital Expenditures $0.00 $20.00K $90.00K
Free Cash Flow -$440.0K $650.0K $2.240M
YoY Change -69.44% -70.98% 522.22%

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Files In Submission

Name View Source Status
0001144204-15-065561-index-headers.html Edgar Link pending
0001144204-15-065561-index.html Edgar Link pending
0001144204-15-065561.txt Edgar Link pending
0001144204-15-065561-xbrl.zip Edgar Link pending
bdr-20150930.xml Edgar Link completed
bdr-20150930.xsd Edgar Link pending
bdr-20150930_cal.xml Edgar Link unprocessable
bdr-20150930_def.xml Edgar Link unprocessable
bdr-20150930_lab.xml Edgar Link unprocessable
bdr-20150930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
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
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
v424280_10q.htm Edgar Link pending
v424280_ex10-3.htm Edgar Link pending
v424280_ex10-4.htm Edgar Link pending
v424280_ex10-5.htm Edgar Link pending
v424280_ex31-1.htm Edgar Link pending
v424280_ex31-2.htm Edgar Link pending
v424280_ex32-1.htm Edgar Link pending