$CRAWA
CRAWFORD UNITED Corp Stock $crawa

$crawa Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000143774922012395 Filed on May 13, 2022

Income Statement

Concept	2022 Q1	2021 Q1	2021
Revenue	$31.00M	$23.99M	$104.2M
YoY Change	29.21%	-5.09%	22.44%
Cost Of Revenue	$24.64M	$17.99M	$82.25M
YoY Change	36.94%	-5.67%	24.36%
Gross Profit	$6.366M	$6.003M	$21.91M
YoY Change	6.06%	-3.31%	15.75%
Gross Profit Margin	20.53%	25.02%	21.04%
Selling, General & Admin	$4.969M	$3.677M	$14.92M
YoY Change	35.12%	19.79%	30.0%
% of Gross Profit	78.05%	61.26%	68.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$932.0K	$724.6K	$2.987M
YoY Change	28.62%	16.23%	21.48%
% of Gross Profit	14.64%	12.07%	13.63%
Operating Expenses	$4.969M	$3.677M	$14.92M
YoY Change	35.12%	19.79%	30.0%
Operating Profit	$1.397M	$2.325M	$6.990M
YoY Change	-39.91%	-25.9%	-6.2%
Interest Expense	$261.0K	$218.6K	$881.7K
YoY Change	19.39%	-26.5%	-7.4%
% of Operating Profit	18.68%	9.4%	12.61%
Other Income/Expense, Net	$243.8K	$1.343M	$372.7K
YoY Change	-81.86%	-464.31%	1535.47%
Pretax Income	$1.641M	$3.669M	$7.363M
YoY Change	-55.27%	32.48%	-1.5%
Income Tax	$575.2K	$525.5K	$1.710M
% Of Pretax Income	35.05%	14.32%	23.22%
Net Earnings	$1.066M	$3.143M	$5.653M
YoY Change	-66.09%	51.45%	-3.19%
Net Earnings / Revenue	3.44%	13.1%	5.43%
Basic Earnings Per Share	$0.31	$0.93	$1.66
Diluted Earnings Per Share	$0.31	$0.93	$1.66
COMMON SHARES
Basic Shares Outstanding	3.434M	3.393M	3.405M
Diluted Shares Outstanding	3.434M	3.394M	3.405M

Balance Sheet

Concept	2022 Q1	2021 Q1	2021
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.091M	$6.486M	$3.013M
YoY Change	-21.5%	19.7%	-61.02%
Cash & Equivalents	$3.398M	$4.841M	$1.494M
Short-Term Investments	$1.693M	$1.645M	$1.518M
Other Short-Term Assets	$1.285M	$674.8K	$1.112M
YoY Change	90.42%	-86.49%	69.14%
Inventory	$16.75M	$13.12M	$16.59M
Prepaid Expenses	$1.285M	$674.8K
Receivables	$23.37M	$15.55M	$20.50M
Other Receivables	$1.131M	$0.00	$1.317M
Total Short-Term Assets	$49.86M	$39.73M	$42.53M
YoY Change	25.48%	16.63%	20.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.40M	$15.29M	$24.61M
YoY Change	0.78%	26.21%	22.14%
Goodwill	$15.60M	$13.98M
YoY Change	11.6%	22.34%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$105.6K	$102.1K	$88.59K
YoY Change	3.44%	-4.23%	-16.93%
Total Long-Term Assets	$50.60M	$47.49M	$48.44M
YoY Change	6.55%	16.33%	23.19%
TOTAL ASSETS
Total Short-Term Assets	$49.86M	$39.73M	$42.53M
Total Long-Term Assets	$50.60M	$47.49M	$48.44M
Total Assets	$100.5M	$87.22M	$90.96M
YoY Change	15.17%	16.47%	22.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.15M	$9.914M	$11.46M
YoY Change	32.62%	12.87%	24.16%
Accrued Expenses	$2.974M	$3.382M	$4.378M
YoY Change	-12.06%	-25.08%	29.57%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.058M	$4.249M	$4.391M
YoY Change	-4.49%	3.98%	6.69%
Total Short-Term Liabilities	$27.02M	$20.13M	$23.86M
YoY Change	34.21%	2.9%	36.0%
LONG-TERM LIABILITIES
Long-Term Debt	$25.10M	$24.25M	$20.45M
YoY Change	3.51%	14.63%	7.16%
Other Long-Term Liabilities	$8.526M	$8.389M	$8.736M
YoY Change	1.63%	-0.44%	10.56%
Total Long-Term Liabilities	$36.90M	$35.07M	$29.19M
YoY Change	5.23%	10.32%	8.16%
TOTAL LIABILITIES
Total Short-Term Liabilities	$27.02M	$20.13M	$23.86M
Total Long-Term Liabilities	$36.90M	$35.07M	$29.19M
Total Liabilities	$63.92M	$55.20M	$56.32M
YoY Change	15.8%	7.49%	19.94%
SHAREHOLDERS EQUITY
Retained Earnings	$29.09M	$25.51M
YoY Change	14.02%	37.13%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$2.047M	$1.979M
YoY Change	3.42%	3.85%
Treasury Stock Shares
Shareholders Equity	$36.54M	$32.02M	$34.64M
YoY Change
Total Liabilities & Shareholders Equity	$100.5M	$87.22M	$90.96M
YoY Change	15.17%	16.47%	22.11%

Cashflow Statement

Concept	2022 Q1	2021 Q1	2021
OPERATING ACTIVITIES
Net Income	$1.066M	$3.143M	$5.653M
YoY Change	-66.09%	51.45%	-3.19%
Depreciation, Depletion And Amortization	$932.0K	$724.6K	$2.987M
YoY Change	28.62%	16.23%	21.48%
Cash From Operating Activities	$2.027M	$1.462M	$1.781M
YoY Change	38.59%	-73.96%	-82.0%
INVESTING ACTIVITIES
Capital Expenditures	-$151.4K	-$827.2K	-$3.145M
YoY Change	-81.69%	574.04%	447.52%
Acquisitions
YoY Change
Other Investing Activities	-$4.204M	-$6.958M	-$6.311M
YoY Change	-39.59%	-25.98%	-39.02%
Cash From Investing Activities	-$4.355M	-$7.785M	-$9.455M
YoY Change	-44.06%	-18.24%	-13.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$65.71K	$41.03K	$43.06K
YoY Change	60.14%		33.43%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$4.232M	$4.970M	$2.975M
YoY Change	-14.84%	-29.93%	-40.42%
NET CHANGE
Cash From Operating Activities	$2.027M	$1.462M	$1.781M
Cash From Investing Activities	-$4.355M	-$7.785M	-$9.455M
Cash From Financing Activities	$4.232M	$4.970M	$2.975M
Net Change In Cash	$1.904M	-$1.353M	-$4.700M
YoY Change	-240.7%	-142.47%	-218.63%
FREE CASH FLOW
Cash From Operating Activities	$2.027M	$1.462M	$1.781M
Capital Expenditures	-$151.4K	-$827.2K	-$3.145M
Free Cash Flow	$2.178M	$2.290M	$4.925M
YoY Change	-4.86%	-60.11%	-52.95%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	us-gaap	Assets Assets	100456056	USD
CY2021Q4	us-gaap	Assets Assets	90963311	USD
CY2022Q1	us-gaap	Notes Payable Current NotesPayableCurrent	2946885	USD
CY2021Q4	us-gaap	Notes Payable Current NotesPayableCurrent	2946885	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3398214	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1494415	USD
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	23366493	USD
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	18387744	USD
CY2022Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	2233467	USD
CY2021Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	2111057	USD
CY2022Q1	us-gaap	Inventory Net InventoryNet	16750211	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	16585437	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1693129	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1518244	USD
CY2022Q1	crawa	Refundable Tax Credit Current RefundableTaxCreditCurrent	1131244	USD
CY2021Q4	crawa	Refundable Tax Credit Current RefundableTaxCreditCurrent	1316595	USD
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1284963	USD
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1112068	USD
CY2022Q1	us-gaap	Assets Current AssetsCurrent	49857721	USD
CY2021Q4	us-gaap	Assets Current AssetsCurrent	42525560	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15404805	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15609202	USD
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	9157599	USD
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	8998776	USD
CY2022Q1	us-gaap	Goodwill Goodwill	15612954	USD
CY2021Q4	us-gaap	Goodwill Goodwill	14404618	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10317334	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	9336564	USD
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	105643	USD
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	88591	USD
CY2022Q1	crawa	Assets Other Noncurrent Total AssetsOtherNoncurrentTotal	26035931	USD
CY2021Q4	crawa	Assets Other Noncurrent Total AssetsOtherNoncurrentTotal	23829773	USD
CY2022Q1	us-gaap	Loans Payable To Bank Current LoansPayableToBankCurrent	1111111	USD
CY2021Q4	us-gaap	Loans Payable To Bank Current LoansPayableToBankCurrent	1444444	USD
CY2022Q1	crawa	Operating And Finance Lease Liability Current OperatingAndFinanceLeaseLiabilityCurrent	1645264	USD
CY2021Q4	crawa	Operating And Finance Lease Liability Current OperatingAndFinanceLeaseLiabilityCurrent	1241681	USD
CY2022Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	13147038	USD
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11460364	USD
CY2022Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4442763	USD
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2881535	USD
CY2022Q1	us-gaap	Business Combination Contingent Consideration Liability Current BusinessCombinationContingentConsiderationLiabilityCurrent	750000	USD
CY2021Q4	us-gaap	Business Combination Contingent Consideration Liability Current BusinessCombinationContingentConsiderationLiabilityCurrent	750000	USD
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2974350	USD
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3136690	USD
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	27017411	USD
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	23861599	USD
CY2022Q1	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	21556354	USD
CY2021Q4	us-gaap	Long Term Loans From Bank LongTermLoansFromBank	16175436	USD
CY2022Q1	crawa	Operating And Finance Lease Liability Noncurrent OperatingAndFinanceLeaseLiabilityNoncurrent	7775861	USD
CY2021Q4	crawa	Operating And Finance Lease Liability Noncurrent OperatingAndFinanceLeaseLiabilityNoncurrent	7985628	USD
CY2022Q1	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	750000	USD
CY2021Q4	us-gaap	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	750000	USD
CY2022Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	3275370	USD
CY2021Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	3275370	USD
CY2022Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	36900271	USD
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	32461811	USD
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1741901	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1741901	USD
CY2022Q1	us-gaap	Treasury Stock Value TreasuryStockValue	2046822	USD
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	1981113	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	29085643	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	28019768	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	36538374	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	34639901	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	100456056	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	90963311	USD
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	31002746	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	23994004	USD
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	24636341	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	17991083	USD
CY2022Q1	us-gaap	Gross Profit GrossProfit	6366405	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	6002921	USD
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4969084	USD
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3677461	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1397321	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2325460	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	261016	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	218618	USD
CY2022Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	-0	USD
CY2021Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	152761	USD
CY2022Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	174885	USD
CY2021Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	233644	USD
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-0	USD
CY2021Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1453837	USD
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	329901	USD
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-278125	USD
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	243758	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1343499	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1641091	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3668959	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	575216	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	525542	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1065875	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	3143417	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.93
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.93
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3433995
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3392839
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3433995
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3393720
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	27532546	USD
CY2021	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	46725	USD
CY2021	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	382619	USD
CY2021	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	8774	USD
CY2021	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	1059000	USD
CY2021	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	43061	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	5653298	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	34639901	USD
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	16307	USD
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	882000	USD
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	65709	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1065875	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	36538374	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1065875	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	3143417	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	932003	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	724641	USD
CY2022Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	174885	USD
CY2021Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	233644	USD
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-0	USD
CY2021Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	1453837	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	898307	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	329628	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4506870	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	967662	USD
CY2022Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1184341	USD
CY2021Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	319455	USD
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	122410	USD
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	165696	USD
CY2022Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	142314	USD
CY2021Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-268510	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1144315	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-633307	USD
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	187137	USD
CY2021Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	912024	USD
CY2022Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1561228	USD
CY2021Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-142261	USD
CY2022Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	960852	USD
CY2021Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-1681059	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2026727	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1462358	USD
CY2022Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	4203734	USD
CY2021Q1	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	7081277	USD
CY2022Q1	crawa	Proceeds From Sale Of Equity Securities ProceedsFromSaleOfEquitySecurities	0	USD
CY2021Q1	crawa	Proceeds From Sale Of Equity Securities ProceedsFromSaleOfEquitySecurities	123069	USD
CY2022Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	151436	USD
CY2021Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	827184	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4355170	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7785392	USD
CY2022Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	732691	USD
CY2021Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	562500	USD
CY2022Q1	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	933333	USD
CY2021Q1	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	1352833	USD
CY2022Q1	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	5963975	USD
CY2021Q1	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	6926301	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	65709	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	41033	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4232242	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4969935	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1903799	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1353099	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1494415	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	6194276	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3398214	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4841177	USD
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	202777	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	153995	USD
CY2022Q1	us-gaap	Stock Issued1 StockIssued1	0	USD
CY2021Q1	us-gaap	Stock Issued1 StockIssued1	1059000	USD
CY2022Q1	us-gaap	Basis Of Accounting BasisOfAccounting	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><em style="font: inherit;">1.</em></b> <b> BASIS OF PRESENTATION</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) for interim financial information and with the instructions to Form <em style="font: inherit;">10</em>-Q and Article <em style="font: inherit;">8</em> of Regulation S-<em style="font: inherit;">X.</em> Accordingly, they do <em style="font: inherit;">not</em> include all the information and footnotes required by generally accepted accounting principles for complete financial statements. The consolidated financial statements include the accounts of Crawford United Corporation and its wholly-owned subsidiaries (the “Company”). Significant intercompany transactions and balances have been eliminated in the financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2022 </em>are <em style="font: inherit;">not</em> necessarily indicative of the results that <em style="font: inherit;"> may </em>be expected for the fiscal year ended <em style="font: inherit;"> December 31, 2022. </em>For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form <em style="font: inherit;">10</em>-K for the fiscal year ended <em style="font: inherit;"> December 31, 2021. </em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">During the <em style="font: inherit;">three</em>-month period ended <em style="font: inherit;"> March 31, 2022, </em>there have been <em style="font: inherit;">no</em> changes to our significant accounting policies.</p>
CY2022Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><i><span style="text-decoration: underline; ">Use of Estimates in the Preparation of Financial Statements</span></i></b><br/> The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that <em style="font: inherit;"> may </em>affect the reported amounts of certain assets and liabilities and disclosure of contingencies at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	13409	USD
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	75930	USD
CY2022Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	3390216	USD
CY2021Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	3904865	USD
CY2022Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	4019377	USD
CY2021Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	3949647	USD
CY2022Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	9776688	USD
CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	9183532	USD
CY2022Q1	us-gaap	Inventory Gross InventoryGross	17186281	USD
CY2021Q4	us-gaap	Inventory Gross InventoryGross	17038044	USD
CY2022Q1	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	436070	USD
CY2021Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	452607	USD
CY2022Q1	us-gaap	Inventory Net InventoryNet	16750211	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	16585437	USD
CY2022Q1	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	1200000	USD
CY2021Q4	us-gaap	Goodwill Goodwill	14400000	USD
CY2022Q1	us-gaap	Goodwill Goodwill	15600000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	13840149	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	12540149	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3522815	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3203585	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10317334	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	9336564	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	319230	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	205924	USD
CY2022Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	25134991	USD
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	24805224	USD
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	9730186	USD
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	9196022	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15404805	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	15609202	USD
CY2022Q1	us-gaap	Depreciation Depreciation	595833	USD
CY2021Q1	us-gaap	Depreciation Depreciation	508937	USD
CY2020Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1534400	USD
CY2021	crawa	Equity Securities Fvni Acquisitions Dispositions And Settlements EquitySecuritiesFvniAcquisitionsDispositionsAndSettlements	19698	USD
CY2021	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	-188615	USD
CY2021	us-gaap	Equity Securities Fv Ni Realized Gain EquitySecuritiesFvNiRealizedGain	152761	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1518244	USD
CY2021Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1518244	USD
CY2022Q1	crawa	Equity Securities Fvni Acquisitions Dispositions And Settlements EquitySecuritiesFvniAcquisitionsDispositionsAndSettlements	0	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Unrealized Gain Loss EquitySecuritiesFvNiUnrealizedGainLoss	174885	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni Realized Gain EquitySecuritiesFvNiRealizedGain	0	USD
CY2022Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	1693129	USD
CY2022Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	8300000	USD
CY2021Q4	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	13700000	USD
CY2022Q1	crawa	Lessee Operating And Finance Lease Renewal Term LesseeOperatingAndFinanceLeaseRenewalTerm	P10Y
CY2022Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	9157599	USD
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	8998776	USD
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P9Y
CY2021Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P9Y
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050	pure
CY2021Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050	pure
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1065875	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3143417	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3433995
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3392839
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.93
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3433995
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3392839
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	0
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	881
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3433995
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3393720
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.93
CY2022Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	pure
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	31002746	USD
CY2022Q1	us-gaap	Gross Profit GrossProfit	6366405	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	1397321	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1641091	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1065875	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	23994004	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	6002921	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2325460	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3668959	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	3143417	USD

Files In Submission

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$CRAWA
CRAWFORD UNITED Corp Stock $crawa

2022 Q1 Form 10-Q Financial Statement

#000143774922012395 Filed on May 13, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CRAWA CRAWFORD UNITED Corp Stock $crawa

2022 Q1 Form 10-Q Financial Statement

#000143774922012395 Filed on May 13, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CRAWA
CRAWFORD UNITED Corp Stock $crawa