2021 Q3 Form 10-Q Financial Statement
#000121390021054196 Filed on October 22, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $4.172M | $4.170M |
| YoY Change | 0.05% | -21.02% |
| Cost Of Revenue | $2.673M | $3.440M |
| YoY Change | -22.3% | -8.27% |
| Gross Profit | $1.499M | $740.0K |
| YoY Change | 102.57% | -51.63% |
| Gross Profit Margin | 35.93% | 17.75% |
| Selling, General & Admin | $1.542M | $1.820M |
| YoY Change | -15.27% | -7.61% |
| % of Gross Profit | 102.87% | 245.95% |
| Research & Development | $660.0K | $600.0K |
| YoY Change | 10.0% | -29.41% |
| % of Gross Profit | 44.03% | 81.08% |
| Depreciation & Amortization | $82.00K | $80.00K |
| YoY Change | 2.5% | -20.0% |
| % of Gross Profit | 5.47% | 10.81% |
| Operating Expenses | $2.202M | $2.410M |
| YoY Change | -8.63% | -14.23% |
| Operating Profit | -$703.0K | -$1.670M |
| YoY Change | -57.9% | 30.47% |
| Interest Expense | -$117.0K | -$110.0K |
| YoY Change | 6.36% | 120.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $619.0K | |
| YoY Change | ||
| Pretax Income | -$201.0K | -$1.790M |
| YoY Change | -88.77% | 34.59% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$201.0K | -$1.790M |
| YoY Change | -88.77% | 34.59% |
| Net Earnings / Revenue | -4.82% | -42.93% |
| Basic Earnings Per Share | -$0.02 | |
| Diluted Earnings Per Share | -$16.44K | -$0.18 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 12.23M shares | |
| Diluted Shares Outstanding | 12.23M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $271.0K | $80.00K |
| YoY Change | 238.75% | -78.38% |
| Cash & Equivalents | $271.0K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.517M | $880.0K |
| YoY Change | 72.39% | -10.2% |
| Inventory | $4.081M | $5.240M |
| Prepaid Expenses | ||
| Receivables | $1.770M | $2.010M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $7.639M | $8.200M |
| YoY Change | -6.84% | -32.12% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.481M | $3.040M |
| YoY Change | -18.39% | -23.04% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $690.0K | $820.0K |
| YoY Change | -15.85% | 0.0% |
| Total Long-Term Assets | $4.491M | $5.340M |
| YoY Change | -15.9% | -16.82% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $7.639M | $8.200M |
| Total Long-Term Assets | $4.491M | $5.340M |
| Total Assets | $12.13M | $13.54M |
| YoY Change | -10.41% | -26.81% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.149M | $2.720M |
| YoY Change | -20.99% | 6.25% |
| Accrued Expenses | $1.342M | $1.560M |
| YoY Change | -13.97% | 23.81% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $2.058M | $1.880M |
| YoY Change | 9.47% | 135.0% |
| Long-Term Debt Due | $71.00K | $30.00K |
| YoY Change | 136.67% | 0.0% |
| Total Short-Term Liabilities | $5.640M | $6.210M |
| YoY Change | -9.18% | 32.98% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.530M | $2.750M |
| YoY Change | -44.36% | 5400.0% |
| Other Long-Term Liabilities | $1.205M | $1.970M |
| YoY Change | -38.83% | -28.88% |
| Total Long-Term Liabilities | $2.735M | $4.720M |
| YoY Change | -42.06% | 67.38% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.640M | $6.210M |
| Total Long-Term Liabilities | $2.735M | $4.720M |
| Total Liabilities | $8.375M | $10.92M |
| YoY Change | -23.31% | 45.79% |
| 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 | $3.755M | $2.610M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $12.13M | $13.54M |
| YoY Change | -10.41% | -26.81% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$201.0K | -$1.790M |
| YoY Change | -88.77% | 34.59% |
| Depreciation, Depletion And Amortization | $82.00K | $80.00K |
| YoY Change | 2.5% | -20.0% |
| Cash From Operating Activities | -$753.0K | -$120.0K |
| YoY Change | 527.5% | -80.65% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.000K | $10.00K |
| YoY Change | -140.0% | -94.12% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | ||
| Cash From Investing Activities | -$4.000K | -$10.00K |
| YoY Change | -60.0% | -94.12% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 684.0K | -250.0K |
| YoY Change | -373.6% | -126.32% |
| NET CHANGE | ||
| Cash From Operating Activities | -753.0K | -120.0K |
| Cash From Investing Activities | -4.000K | -10.00K |
| Cash From Financing Activities | 684.0K | -250.0K |
| Net Change In Cash | -73.00K | -380.0K |
| YoY Change | -80.79% | -337.5% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$753.0K | -$120.0K |
| Capital Expenditures | -$4.000K | $10.00K |
| Free Cash Flow | -$749.0K | -$130.0K |
| YoY Change | 476.15% | -83.54% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Entity Registrant Name
EntityRegistrantName
|
BLONDER TONGUE LABORATORIES INC | ||
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001000683 | ||
| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
USD | |
| bdr |
Gain On Debt Forgiveness
GainOnDebtForgiveness
|
USD | ||
| bdr |
Amortization Of Subordinated Debt Discount
AmortizationOfSubordinatedDebtDiscount
|
USD | ||
| us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
USD | ||
| bdr |
Disposition Of Right Of Use Assets
DispositionOfRightOfUseAssets
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
USD | ||
| us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | ||
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
| bdr |
Conversion Of Subordinated Convertible Debt To Common Stock
ConversionOfSubordinatedConvertibleDebtToCommonStock
|
USD | ||
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
USD | ||
| CY2020Q4 | bdr |
Capital Lease Future Minimum Payments Due Thereafter
CapitalLeaseFutureMinimumPaymentsDueThereafter
|
USD |
