2020 Q1 Form 10-Q Financial Statement

#000156459020025456 Filed on May 14, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $42.49M $36.88M
YoY Change 15.19% -1.82%
Cost Of Revenue $12.84M $13.18M
YoY Change -2.58% 2.41%
Gross Profit $29.64M $23.71M
YoY Change 25.01% -4.01%
Gross Profit Margin 69.77% 64.28%
Selling, General & Admin $5.000M $4.800M
YoY Change 4.17% 6.9%
% of Gross Profit 16.87% 20.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.75M $10.13M
YoY Change 35.74% 0.8%
% of Gross Profit 46.39% 42.72%
Operating Expenses $31.59M $28.10M
YoY Change 12.41% 2.49%
Operating Profit -$1.952M -$4.394M
YoY Change -55.58% -60.94%
Interest Expense $5.517M -$5.890M
YoY Change -193.67% -209.66%
% of Operating Profit
Other Income/Expense, Net -$5.517M
YoY Change
Pretax Income -$2.100M $2.990M
YoY Change -170.23% -117.99%
Income Tax
% Of Pretax Income
Net Earnings -$2.246M $2.882M
YoY Change -177.93% -117.29%
Net Earnings / Revenue -5.29% 7.81%
Basic Earnings Per Share
Diluted Earnings Per Share -$171.9K $219.5K
COMMON SHARES
Basic Shares Outstanding 89.35M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $74.90M $0.00
YoY Change -100.0%
Cash & Equivalents $74.88M $25.00K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $22.90M $23.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $1.128B $1.148B
YoY Change -1.81% -1.91%
Goodwill
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 $1.269B $1.222B
YoY Change 3.8% -1.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $706.5M $626.8M
YoY Change 12.72% -1.14%
Other Long-Term Liabilities $32.00M $12.60M
YoY Change 153.97% -25.88%
Total Long-Term Liabilities $738.5M $639.4M
YoY Change 15.5% -1.78%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $738.5M $639.4M
Total Liabilities $781.7M $683.2M
YoY Change 14.42% 0.77%
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 $487.1M $539.1M
YoY Change
Total Liabilities & Shareholders Equity $1.269B $1.222B
YoY Change 3.8% -1.3%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$2.246M $2.882M
YoY Change -177.93% -117.29%
Depreciation, Depletion And Amortization $13.75M $10.13M
YoY Change 35.74% 0.8%
Cash From Operating Activities $13.39M $9.167M
YoY Change 46.06% -8.97%
INVESTING ACTIVITIES
Capital Expenditures -$9.810M -$8.770M
YoY Change 11.86% 39.65%
Acquisitions
YoY Change
Other Investing Activities $9.910M
YoY Change
Cash From Investing Activities -$9.813M $1.144M
YoY Change -957.78% -118.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.844M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 68.56M -12.26M
YoY Change -659.07% 199.68%
NET CHANGE
Cash From Operating Activities 13.39M 9.167M
Cash From Investing Activities -9.813M 1.144M
Cash From Financing Activities 68.56M -12.26M
Net Change In Cash 72.14M -1.952M
YoY Change -3795.44% 548.5%
FREE CASH FLOW
Cash From Operating Activities $13.39M $9.167M
Capital Expenditures -$9.810M -$8.770M
Free Cash Flow $23.20M $17.94M
YoY Change 29.34% 9.71%

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