2022 Q3 Form 10-Q Financial Statement

#000114036122029630 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $21.69M $16.67M
YoY Change 54.85% 15.48%
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 $351.0K $347.0K $250.0K
YoY Change 35.0% 33.46% -7.41%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.646M $878.0K
YoY Change 262.96% 13.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.40M $9.304M $7.688M
YoY Change 24.94% 15.31% 21.7%
Income Tax $2.363M $2.280M $2.002M
% Of Pretax Income 22.71% 24.51% 26.04%
Net Earnings $8.041M $7.024M $5.686M
YoY Change 28.37% 15.05% 19.98%
Net Earnings / Revenue 37.07% 42.13%
Basic Earnings Per Share $0.88 $0.77 $0.64
Diluted Earnings Per Share $873.2K $0.76 $0.63
COMMON SHARES
Basic Shares Outstanding 9.100M 9.097M
Diluted Shares Outstanding 9.210M 9.195M

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $147.2M $123.4M $204.9M
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 $13.35M $13.58M $17.26M
YoY Change 51.73% 52.6% 88.58%
Goodwill $8.100M $8.700M $8.479M
YoY Change 710.0% 770.0% 747.9%
Intangibles $1.412M $1.489M $1.643M
YoY Change 187.24%
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 $1.581B $1.487B $1.351B
YoY Change 37.93% 31.29% 32.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.351M $6.820M $5.700M
YoY Change 36.13% 39.18% 50.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.797M $9.685M $5.700M
YoY Change 44.39% 29.13% 50.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $7.797M $9.685M $5.700M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.445B $1.356B $1.223B
YoY Change 41.15% 33.46% 34.51%
SHAREHOLDERS EQUITY
Retained Earnings $51.12M $44.17M $33.15M
YoY Change 135.65%
Common Stock $95.15M $95.11M $94.12M
YoY Change 0.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $135.8M $131.5M $127.4M
YoY Change
Total Liabilities & Shareholders Equity $1.581B $1.487B $1.351B
YoY Change 37.93% 31.29% 32.84%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $8.041M $7.024M $5.686M
YoY Change 28.37% 15.05% 19.98%
Depreciation, Depletion And Amortization $351.0K $347.0K $250.0K
YoY Change 35.0% 33.46% -7.41%
Cash From Operating Activities $5.018M $12.76M $7.140M
YoY Change -8.93% 58.08% 6.25%
INVESTING ACTIVITIES
Capital Expenditures -$45.00K -$162.0K -$350.0K
YoY Change -43.75% 224.0% 1650.0%
Acquisitions
YoY Change
Other Investing Activities -$71.09M -$85.44M $37.69M
YoY Change -1985.68% 23.94% -20.5%
Cash From Investing Activities -$71.14M -$85.60M $37.34M
YoY Change -2027.78% 24.08% -21.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 89.92M 61.92M -45.38M
YoY Change 919.51% -21.15% -216.18%
NET CHANGE
Cash From Operating Activities 5.018M 12.76M 7.140M
Cash From Investing Activities -71.14M -85.60M 37.34M
Cash From Financing Activities 89.92M 61.92M -45.38M
Net Change In Cash 23.80M -10.93M -900.0K
YoY Change 32.1% -162.04% -100.97%
FREE CASH FLOW
Cash From Operating Activities $5.018M $12.76M $7.140M
Capital Expenditures -$45.00K -$162.0K -$350.0K
Free Cash Flow $5.063M $12.92M $7.490M
YoY Change -9.43% 59.1% 11.13%

Facts In Submission

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FairValueDisclosureOffbalanceSheetRisksAmountLiability
236227000
CY2021Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
206202000
CY2022Q2 us-gaap Goodwill
Goodwill
8700000
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
0
CY2022Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
0
CY2021Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
464000
CY2022Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
635000
CY2022Q2 bsvn Nonmarketable Equity Securities
NonmarketableEquitySecurities
1192000
CY2021Q4 bsvn Nonmarketable Equity Securities
NonmarketableEquitySecurities
1202000
CY2022Q2 bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
95000
CY2021Q2 bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
78000
bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
261000
bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
92000

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brhc10040700_10q.htm Edgar Link pending
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bsvn-20220630.xsd Edgar Link pending
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brhc10040700_10q_htm.xml Edgar Link completed
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