2020 Form 10-K Financial Statement
#000155837020011132 Filed on September 11, 2020
Income Statement
| Concept | 2020 |
|---|---|
| Revenue | $72.73M |
| YoY Change | 8.18% |
| Cost Of Revenue | $21.08M |
| YoY Change | -3.48% |
| Gross Profit | $51.65M |
| YoY Change | 13.79% |
| Gross Profit Margin | 71.02% |
| Selling, General & Admin | $27.60M |
| YoY Change | 8.24% |
| % of Gross Profit | 53.44% |
| Research & Development | $16.64M |
| YoY Change | 15.8% |
| % of Gross Profit | 32.22% |
| Depreciation & Amortization | $570.0K |
| YoY Change | -28.75% |
| % of Gross Profit | 1.1% |
| Operating Expenses | $44.24M |
| YoY Change | 10.96% |
| Operating Profit | $7.410M |
| YoY Change | 34.24% |
| Interest Expense | $400.0K |
| YoY Change | -225.0% |
| % of Operating Profit | 5.4% |
| Other Income/Expense, Net | $190.0K |
| YoY Change | -195.0% |
| Pretax Income | $7.990M |
| YoY Change | 59.8% |
| Income Tax | $780.0K |
| % Of Pretax Income | 9.76% |
| Net Earnings | $7.210M |
| YoY Change | 72.9% |
| Net Earnings / Revenue | 9.91% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $225.6K |
| COMMON SHARES | |
| Basic Shares Outstanding | 30.62M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $46.60M |
| YoY Change | 46.08% |
| Cash & Equivalents | $46.60M |
| Short-Term Investments | |
| Other Short-Term Assets | $4.200M |
| YoY Change | -2.33% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $22.70M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $73.50M |
| YoY Change | 29.86% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.700M |
| YoY Change | 640.0% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $3.300M |
| YoY Change | 3.13% |
| Total Long-Term Assets | $20.20M |
| YoY Change | 17.44% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $73.50M |
| Total Long-Term Assets | $20.20M |
| Total Assets | $93.70M |
| YoY Change | 26.96% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.400M |
| YoY Change | -42.86% |
| Accrued Expenses | $12.60M |
| YoY Change | 68.0% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $52.20M |
| YoY Change | 22.25% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $6.900M |
| YoY Change | 1.47% |
| Total Long-Term Liabilities | $6.900M |
| YoY Change | 1.47% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $52.20M |
| Total Long-Term Liabilities | $6.900M |
| Total Liabilities | $59.10M |
| YoY Change | 19.64% |
| 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 | $34.60M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $93.70M |
| YoY Change | 26.96% |
Cashflow Statement
| Concept | 2020 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $7.210M |
| YoY Change | 72.9% |
| Depreciation, Depletion And Amortization | $570.0K |
| YoY Change | -28.75% |
| Cash From Operating Activities | $14.06M |
| YoY Change | 102.3% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$510.0K |
| YoY Change | 27.5% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$510.0K |
| YoY Change | 27.5% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 1.410M |
| YoY Change | -89.76% |
| NET CHANGE | |
| Cash From Operating Activities | 14.06M |
| Cash From Investing Activities | -510.0K |
| Cash From Financing Activities | 1.410M |
| Net Change In Cash | 14.96M |
| YoY Change | -26.38% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $14.06M |
| Capital Expenditures | -$510.0K |
| Free Cash Flow | $14.57M |
| YoY Change | 98.23% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30620000 |
