$CHCI
Comstock Holding Companies, Inc.

2017 Q2 Form 10-Q Financial Statement

#000119312517257370 Filed on August 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $10.52M $9.978M
YoY Change 5.43% -20.58%
Cost Of Revenue $9.500M $9.300M
YoY Change 2.15% -13.89%
Gross Profit $1.003M $640.0K
YoY Change 56.72% -64.09%
Gross Profit Margin 9.53% 6.41%
Selling, General & Admin $1.566M $1.776M
YoY Change -11.82% -26.76%
% of Gross Profit 156.13% 277.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $100.0K $49.00K
YoY Change 104.08% -47.87%
% of Gross Profit 9.97% 7.66%
Operating Expenses $1.566M $1.776M
YoY Change -11.82% -26.76%
Operating Profit -$563.0K -$1.442M
YoY Change -60.96% 80.48%
Interest Expense $0.00 $304.0K
YoY Change -100.0% 97.4%
% of Operating Profit
Other Income/Expense, Net $28.00K $13.00K
YoY Change 115.38% -97.77%
Pretax Income -$535.0K -$1.429M
YoY Change -62.56% 558.53%
Income Tax $0.00 $32.00K
% Of Pretax Income
Net Earnings $387.0K -$1.995M
YoY Change -119.4% 146.91%
Net Earnings / Revenue 3.68% -19.99%
Basic Earnings Per Share $0.12 -$0.60
Diluted Earnings Per Share $0.11 -$0.60
COMMON SHARES
Basic Shares Outstanding 3.359M shares 3.319M shares
Diluted Shares Outstanding 3.397M shares 3.319M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.600M $3.400M
YoY Change -23.53% -45.16%
Cash & Equivalents $2.619M $3.377M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $700.0K $1.100M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.300M $4.500M
YoY Change -26.67% -37.5%
LONG-TERM ASSETS
Property, Plant & Equipment $194.0K $291.0K
YoY Change -33.33% -39.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M $2.800M
YoY Change -46.43% 27.27%
Total Long-Term Assets $52.52M $42.84M
YoY Change 22.61% -21.84%
TOTAL ASSETS
Total Short-Term Assets $3.300M $4.500M
Total Long-Term Assets $52.52M $42.84M
Total Assets $55.82M $47.34M
YoY Change 17.92% -23.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.900M $8.400M
YoY Change 5.95% -11.58%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $42.50M $38.90M
YoY Change 9.25% -20.61%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $51.40M $47.30M
YoY Change 8.67% -19.15%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $51.40M $47.30M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $51.43M $47.29M
YoY Change 8.75% -19.17%
SHAREHOLDERS EQUITY
Retained Earnings -$185.0M -$179.4M
YoY Change 3.13% 3.73%
Common Stock $176.0M
YoY Change 1.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$10.02M -$4.838M
YoY Change
Total Liabilities & Shareholders Equity $55.82M $47.34M
YoY Change 17.92% -23.66%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $387.0K -$1.995M
YoY Change -119.4% 146.91%
Depreciation, Depletion And Amortization $100.0K $49.00K
YoY Change 104.08% -47.87%
Cash From Operating Activities $1.300M $1.000M
YoY Change 30.0% -155.56%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.400M -2.200M
YoY Change 9.09% -181.48%
NET CHANGE
Cash From Operating Activities 1.300M 1.000M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities -2.400M -2.200M
Net Change In Cash -1.100M -1.200M
YoY Change -8.33% -271.43%
FREE CASH FLOW
Cash From Operating Activities $1.300M $1.000M
Capital Expenditures $0.00 $0.00
Free Cash Flow $1.300M $1.000M
YoY Change 30.0% -155.56%

Facts In Submission

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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Our consolidated financial statements have been prepared in accordance with GAAP. The preparation of these consolidated financial statements requires us to make estimates and judgments that affect the reported amounts for the reporting periods. We base these estimates and judgments on historical experience and on various other factors that we believe to be reasonable under the circumstances. We evaluate these estimates and judgements on an ongoing basis. Actual results may differ from those estimates under different assumptions or conditions.</p> </div>
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414000

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