2024 Q4 Form 10-Q Financial Statement

#000149315224046037 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $884.3K
YoY Change -43.38%
Cost Of Revenue $887.9K
YoY Change -44.04%
Gross Profit -$3.567K
YoY Change -85.62%
Gross Profit Margin -0.4%
Selling, General & Admin $283.0K
YoY Change -6.25%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.535K
YoY Change -44.26%
% of Gross Profit
Operating Expenses $916.2K
YoY Change 28.06%
Operating Profit -$919.8K
YoY Change 24.25%
Interest Expense $439.2K
YoY Change -45.08%
% of Operating Profit
Other Income/Expense, Net $18.00
YoY Change -100.95%
Pretax Income -$1.325M
YoY Change 197.25%
Income Tax
% Of Pretax Income
Net Earnings -$1.325M
YoY Change 197.24%
Net Earnings / Revenue -149.86%
Basic Earnings Per Share -$0.48
Diluted Earnings Per Share -$0.48
COMMON SHARES
Basic Shares Outstanding 7.934M shares 2.511M shares
Diluted Shares Outstanding 2.750M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $72.70K
YoY Change -85.13%
Cash & Equivalents $72.70K
Short-Term Investments
Other Short-Term Assets $1.697M
YoY Change -19.26%
Inventory $2.366M
Prepaid Expenses
Receivables $1.316M
Other Receivables $0.00
Total Short-Term Assets $5.452M
YoY Change 10.07%
LONG-TERM ASSETS
Property, Plant & Equipment $393.8K
YoY Change 47.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $158.4K
YoY Change 27.91%
Total Long-Term Assets $2.385M
YoY Change 4.29%
TOTAL ASSETS
Total Short-Term Assets $5.452M
Total Long-Term Assets $2.385M
Total Assets $7.837M
YoY Change 8.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $836.9K
YoY Change 52.95%
Accrued Expenses $36.92K
YoY Change -27.28%
Deferred Revenue
YoY Change
Short-Term Debt $885.8K
YoY Change 648.28%
Long-Term Debt Due $100.0K
YoY Change -90.64%
Total Short-Term Liabilities $2.924M
YoY Change -52.89%
LONG-TERM LIABILITIES
Long-Term Debt $127.2K
YoY Change -71.17%
Other Long-Term Liabilities $60.37K
YoY Change 20.74%
Total Long-Term Liabilities $187.6K
YoY Change 275.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.924M
Total Long-Term Liabilities $187.6K
Total Liabilities $3.112M
YoY Change -53.95%
SHAREHOLDERS EQUITY
Retained Earnings -$38.07M
YoY Change 14.71%
Common Stock $351.00
YoY Change -41.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $76.32K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $4.725M
YoY Change
Total Liabilities & Shareholders Equity $7.837M
YoY Change 8.25%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.325M
YoY Change 197.24%
Depreciation, Depletion And Amortization $1.535K
YoY Change -44.26%
Cash From Operating Activities -$1.647M
YoY Change 6.77%
INVESTING ACTIVITIES
Capital Expenditures $36.35K
YoY Change -67.7%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$36.35K
YoY Change -67.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.700M
YoY Change -20.09%
NET CHANGE
Cash From Operating Activities -1.647M
Cash From Investing Activities -36.35K
Cash From Financing Activities 1.700M
Net Change In Cash 17.07K
YoY Change -96.39%
FREE CASH FLOW
Cash From Operating Activities -$1.647M
Capital Expenditures $36.35K
Free Cash Flow -$1.683M
YoY Change 1.71%

Facts In Submission

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