2019 Form 10-K Financial Statement
#000155837019008598 Filed on September 12, 2019
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $67.23M |
| YoY Change | 9.66% |
| Cost Of Revenue | $21.84M |
| YoY Change | -2.24% |
| Gross Profit | $45.39M |
| YoY Change | 16.47% |
| Gross Profit Margin | 67.51% |
| Selling, General & Admin | $25.50M |
| YoY Change | 0.99% |
| % of Gross Profit | 56.18% |
| Research & Development | $14.37M |
| YoY Change | -2.31% |
| % of Gross Profit | 31.66% |
| Depreciation & Amortization | $800.0K |
| YoY Change | -69.7% |
| % of Gross Profit | 1.76% |
| Operating Expenses | $39.87M |
| YoY Change | -0.23% |
| Operating Profit | $5.520M |
| YoY Change | -657.58% |
| Interest Expense | -$320.0K |
| YoY Change | -67.35% |
| % of Operating Profit | -5.8% |
| Other Income/Expense, Net | -$200.0K |
| YoY Change | -4.76% |
| Pretax Income | $5.000M |
| YoY Change | -329.36% |
| Income Tax | $830.0K |
| % Of Pretax Income | 16.6% |
| Net Earnings | $4.170M |
| YoY Change | -309.55% |
| Net Earnings / Revenue | 6.2% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $137.4K |
| COMMON SHARES | |
| Basic Shares Outstanding | 28.58M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $31.90M |
| YoY Change | 177.39% |
| Cash & Equivalents | $31.90M |
| Short-Term Investments | |
| Other Short-Term Assets | $4.300M |
| YoY Change | 16.22% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $20.40M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $56.60M |
| YoY Change | 151.56% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $500.0K |
| YoY Change | -16.67% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $3.200M |
| YoY Change | 23.08% |
| Total Long-Term Assets | $17.20M |
| YoY Change | 0.58% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $56.60M |
| Total Long-Term Assets | $17.20M |
| Total Assets | $73.80M |
| YoY Change | 86.36% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.200M |
| YoY Change | 7.69% |
| Accrued Expenses | $7.500M |
| YoY Change | -2.6% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $0.00 |
| YoY Change | -100.0% |
| Total Short-Term Liabilities | $42.70M |
| YoY Change | 39.54% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Other Long-Term Liabilities | $6.800M |
| YoY Change | -22.73% |
| Total Long-Term Liabilities | $6.800M |
| YoY Change | -61.58% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $42.70M |
| Total Long-Term Liabilities | $6.800M |
| Total Liabilities | $49.40M |
| YoY Change | 2.28% |
| 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 | $24.30M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $73.80M |
| YoY Change | 86.36% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $4.170M |
| YoY Change | -309.55% |
| Depreciation, Depletion And Amortization | $800.0K |
| YoY Change | -69.7% |
| Cash From Operating Activities | $6.950M |
| YoY Change | 5.46% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$400.0K |
| YoY Change | 185.71% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$400.0K |
| YoY Change | 185.71% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 13.77M |
| YoY Change | -346.33% |
| NET CHANGE | |
| Cash From Operating Activities | 6.950M |
| Cash From Investing Activities | -400.0K |
| Cash From Financing Activities | 13.77M |
| Net Change In Cash | 20.32M |
| YoY Change | 2262.79% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $6.950M |
| Capital Expenditures | -$400.0K |
| Free Cash Flow | $7.350M |
| YoY Change | 9.21% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28579000 |
