$DSNY
DESTINY MEDIA TECHNOLOGIES INC

2023 Q3 Form 10-Q Financial Statement

#000106299323014926 Filed on July 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $1.068M $999.3K
YoY Change 6.88% -7.81%
Cost Of Revenue $133.8K $209.6K
YoY Change -36.19% 114.31%
Gross Profit $934.3K $789.7K
YoY Change 18.31% -19.93%
Gross Profit Margin 87.48% 79.02%
Selling, General & Admin $552.2K $432.2K
YoY Change 27.78% -23.41%
% of Gross Profit 59.11% 54.73%
Research & Development $247.4K $326.1K
YoY Change -24.14% -0.1%
% of Gross Profit 26.48% 41.3%
Depreciation & Amortization $34.32K $32.85K
YoY Change 4.46% 9.5%
% of Gross Profit 3.67% 4.16%
Operating Expenses $836.8K $794.6K
YoY Change 5.31% -13.39%
Operating Profit $97.46K -$4.928K
YoY Change -2077.66% -107.17%
Interest Expense $20.00K -$30.00K
YoY Change -166.67% -25.0%
% of Operating Profit 20.52%
Other Income/Expense, Net
YoY Change
Pretax Income $107.1K -$3.242K
YoY Change -3402.04% -104.63%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings $107.1K -$3.242K
YoY Change -3402.04% -104.66%
Net Earnings / Revenue 10.02% -0.32%
Basic Earnings Per Share $0.01 $0.00
Diluted Earnings Per Share $0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 10.12M shares 10.12M shares 10.12M shares
Diluted Shares Outstanding 10.12M shares 10.12M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.830M $1.950M
YoY Change -6.15% -33.45%
Cash & Equivalents $2.003M $1.825M $1.953M
Short-Term Investments
Other Short-Term Assets $80.00K $100.0K
YoY Change -20.0% 42.86%
Inventory
Prepaid Expenses $72.01K $47.07K $54.94K
Receivables $432.5K $561.4K $800.8K
Other Receivables $58.52K $51.04K $23.28K
Total Short-Term Assets $2.598M $2.517M $2.878M
YoY Change -4.69% -12.54% -16.59%
LONG-TERM ASSETS
Property, Plant & Equipment $642.2K $206.4K $359.5K
YoY Change 105.97% -42.58% -16.4%
Goodwill
YoY Change
Intangibles $645.5K $1.200M $254.5K
YoY Change 21.85% 371.39%
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $1.288M $1.406M $614.0K
YoY Change 53.02% 129.01% 11.63%
TOTAL ASSETS
Total Short-Term Assets $2.598M $2.517M $2.878M
Total Long-Term Assets $1.288M $1.406M $614.0K
Total Assets $3.886M $3.923M $3.492M
YoY Change 8.92% 12.35% -12.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.2K $108.8K $116.2K
YoY Change -5.23% -6.35% -17.03%
Accrued Expenses $267.1K $300.1K $301.4K
YoY Change -16.45% -0.42% -52.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $412.1K $449.7K $443.1K
YoY Change -9.85% 1.48% -43.91%
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 -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $412.1K $449.7K $443.1K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $412.1K $449.7K $443.1K
YoY Change -9.85% 1.48% -45.97%
SHAREHOLDERS EQUITY
Retained Earnings -$5.304M -$5.275M -$5.829M
YoY Change -5.94% -9.49%
Common Stock $10.10K $10.12K $10.12K
YoY Change -0.26% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.474M $3.473M $3.049M
YoY Change
Total Liabilities & Shareholders Equity $3.886M $3.923M $3.492M
YoY Change 8.92% 12.35% -12.71%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $107.1K -$3.242K
YoY Change -3402.04% -104.66%
Depreciation, Depletion And Amortization $34.32K $32.85K
YoY Change 4.46% 9.5%
Cash From Operating Activities $110.0K -$290.0K
YoY Change -137.93% -680.0%
INVESTING ACTIVITIES
Capital Expenditures $250.0K $210.0K
YoY Change 19.05% 133.33%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$250.0K -$210.0K
YoY Change 19.05% 133.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 110.0K -290.0K
Cash From Investing Activities -250.0K -210.0K
Cash From Financing Activities 0.000 0.000
Net Change In Cash -140.0K -500.0K
YoY Change -72.0% 138.1%
FREE CASH FLOW
Cash From Operating Activities $110.0K -$290.0K
Capital Expenditures $250.0K $210.0K
Free Cash Flow -$140.0K -$500.0K
YoY Change -72.0% 1150.0%

Facts In Submission

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Files In Submission

Name View Source Status
0001062993-23-014926-index-headers.html Edgar Link pending
0001062993-23-014926-index.html Edgar Link pending
0001062993-23-014926.txt Edgar Link pending
0001062993-23-014926-xbrl.zip Edgar Link pending
dsny-20230531.xsd Edgar Link pending
exhibit31-1.htm Edgar Link pending
exhibit31-2.htm Edgar Link pending
exhibit32-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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dsny-20230531_cal.xml Edgar Link unprocessable
dsny-20230531_def.xml Edgar Link unprocessable
dsny-20230531_lab.xml Edgar Link unprocessable
dsny-20230531_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
form10q_htm.xml Edgar Link completed
R15.htm Edgar Link pending
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report.css Edgar Link pending
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