2022 Q1 Form 10-Q Financial Statement

#000156276222000250 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $6.915M $7.365M
YoY Change -6.11% -1.64%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $270.0K $506.0K
YoY Change -46.64% 0.4%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $525.0K $617.0K
YoY Change -14.91% -54.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.673M $2.293M
YoY Change 16.57% 85.37%
Income Tax $534.0K $458.0K
% Of Pretax Income 19.98% 19.97%
Net Earnings $2.139M $1.835M
YoY Change 16.57% 84.42%
Net Earnings / Revenue 30.93% 24.92%
Basic Earnings Per Share $0.45 $0.38
Diluted Earnings Per Share $0.45 $0.38
COMMON SHARES
Basic Shares Outstanding 4.741M 4.767M
Diluted Shares Outstanding 4.741M 4.767M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $96.81M $124.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $18.13M $17.23M
YoY Change 5.22% 4.46%
Goodwill $3.001M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $973.6M $886.4M
YoY Change 9.84% 18.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.00K $100.0K
YoY Change -61.0% -50.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $10.86M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $495.0K $100.0K
YoY Change 395.0% -80.0%
LONG-TERM LIABILITIES
Long-Term Debt $10.03M $10.00M
YoY Change 0.34% 100.0%
Other Long-Term Liabilities $10.19M $9.700M
YoY Change 5.09% 8.99%
Total Long-Term Liabilities $20.23M $19.70M
YoY Change 2.68% 41.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $495.0K $100.0K
Total Long-Term Liabilities $20.23M $19.70M
Total Liabilities $913.0M $821.0M
YoY Change 11.2% 20.26%
SHAREHOLDERS EQUITY
Retained Earnings $25.25M $26.20M
YoY Change -3.62% 21.33%
Common Stock $47.38M $40.06M
YoY Change 18.25% -0.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $60.58M $65.33M
YoY Change
Total Liabilities & Shareholders Equity $973.6M $886.4M
YoY Change 9.84% 18.81%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $2.139M $1.835M
YoY Change 16.57% 84.42%
Depreciation, Depletion And Amortization $270.0K $506.0K
YoY Change -46.64% 0.4%
Cash From Operating Activities -$2.993M $5.671M
YoY Change -152.78% 2869.11%
INVESTING ACTIVITIES
Capital Expenditures $53.00K $627.0K
YoY Change -91.55% 294.34%
Acquisitions
YoY Change
Other Investing Activities -$77.12M -$17.98M
YoY Change 328.93% -360.58%
Cash From Investing Activities -$77.18M -$18.11M
YoY Change 326.15% -368.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $212.0K
YoY Change -22.91%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.178M 35.60M
YoY Change -117.35% 96.14%
NET CHANGE
Cash From Operating Activities -2.993M 5.671M
Cash From Investing Activities -77.18M -18.11M
Cash From Financing Activities -6.178M 35.60M
Net Change In Cash -86.35M 23.16M
YoY Change -472.76% -7.66%
FREE CASH FLOW
Cash From Operating Activities -$2.993M $5.671M
Capital Expenditures $53.00K $627.0K
Free Cash Flow -$3.046M $5.044M
YoY Change -160.39% 15662.5%

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CY2021Q1 us-gaap Assets
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CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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