2021 Q1 Form 10-Q Financial Statement

#000107068021000015 Filed on May 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $12.86M $9.946M
YoY Change 29.27% 25.25%
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 $97.00K $86.00K
YoY Change 12.79% 21.13%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.240M $3.823M
YoY Change -15.25% 34.57%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $7.878M $2.523M
YoY Change 212.25% 20.14%
Income Tax $1.457M $517.0K
% Of Pretax Income 18.49% 20.49%
Net Earnings $6.421M $2.006M
YoY Change 220.09% 19.33%
Net Earnings / Revenue 49.94% 20.17%
Basic Earnings Per Share $0.98 $0.31
Diluted Earnings Per Share $0.96 $0.30
COMMON SHARES
Basic Shares Outstanding 6.538M 5.334M
Diluted Shares Outstanding 6.671M 5.400M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $125.8M $75.35M
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 $5.300M $4.040M
YoY Change 31.19% 4.26%
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 $1.605B $945.4M
YoY Change 69.74% 31.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.30M $14.10M
YoY Change -12.77% 176.47%
Accrued Expenses $1.700M $1.900M
YoY Change -10.53% -17.39%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.00M $16.00M
YoY Change -12.5% 116.22%
LONG-TERM LIABILITIES
Long-Term Debt $14.90M $14.80M
YoY Change 0.68% 0.0%
Other Long-Term Liabilities $900.0K $600.0K
YoY Change 50.0% 50.0%
Total Long-Term Liabilities $15.80M $15.40M
YoY Change 2.6% 1.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.00M $16.00M
Total Long-Term Liabilities $15.80M $15.40M
Total Liabilities $1.488B $862.5M
YoY Change 72.52% 28.18%
SHAREHOLDERS EQUITY
Retained Earnings $32.70M -$926.0K
YoY Change -3631.75% -91.62%
Common Stock $54.00K $54.00K
YoY Change 0.0% 22.73%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.091M $3.465M
YoY Change 18.07% 2.94%
Treasury Stock Shares $97.27K $39.56K
Shareholders Equity $116.7M $82.88M
YoY Change
Total Liabilities & Shareholders Equity $1.605B $945.4M
YoY Change 69.74% 31.21%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $6.421M $2.006M
YoY Change 220.09% 19.33%
Depreciation, Depletion And Amortization $97.00K $86.00K
YoY Change 12.79% 21.13%
Cash From Operating Activities -$162.4M $34.95M
YoY Change -564.68% -517.75%
INVESTING ACTIVITIES
Capital Expenditures $139.0K $135.0K
YoY Change 2.96% 64.63%
Acquisitions
YoY Change
Other Investing Activities -$63.80M -$47.50M
YoY Change 34.32% 246.72%
Cash From Investing Activities -$63.94M -$47.66M
YoY Change 34.14% 245.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 130.6M 42.19M
YoY Change 209.47% -17.05%
NET CHANGE
Cash From Operating Activities -162.4M 34.95M
Cash From Investing Activities -63.94M -47.66M
Cash From Financing Activities 130.6M 42.19M
Net Change In Cash -95.78M 29.47M
YoY Change -424.98% 2.73%
FREE CASH FLOW
Cash From Operating Activities -$162.4M $34.95M
Capital Expenditures $139.0K $135.0K
Free Cash Flow -$162.5M $34.81M
YoY Change -566.88% -512.1%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2021Q1 dei Current Fiscal Year End Date
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CF BANKSHARES INC.
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CY2021Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2020Q4 us-gaap Subordinated Debt
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CY2021Q1 us-gaap Tier One Leverage Capital Required For Capital Adequacy
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86219

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