2021 Form 10-K Financial Statement
#000155837021012388 Filed on September 10, 2021
Income Statement
| Concept | 2021 |
|---|---|
| Revenue | $78.29M |
| YoY Change | 7.64% |
| Cost Of Revenue | $19.27M |
| YoY Change | -8.6% |
| Gross Profit | $59.02M |
| YoY Change | 14.27% |
| Gross Profit Margin | 75.39% |
| Selling, General & Admin | $33.75M |
| YoY Change | 22.28% |
| % of Gross Profit | 57.18% |
| Research & Development | $17.93M |
| YoY Change | 7.77% |
| % of Gross Profit | 30.38% |
| Depreciation & Amortization | $454.0K |
| YoY Change | -20.35% |
| % of Gross Profit | 0.77% |
| Operating Expenses | $51.68M |
| YoY Change | 16.82% |
| Operating Profit | $7.339M |
| YoY Change | -0.96% |
| Interest Expense | $583.0K |
| YoY Change | 45.75% |
| % of Operating Profit | 7.94% |
| Other Income/Expense, Net | -$1.129M |
| YoY Change | -694.21% |
| Pretax Income | $6.793M |
| YoY Change | -14.98% |
| Income Tax | -$166.0K |
| % Of Pretax Income | -2.44% |
| Net Earnings | $6.959M |
| YoY Change | -3.48% |
| Net Earnings / Revenue | 8.89% |
| Basic Earnings Per Share | $0.22 |
| Diluted Earnings Per Share | $213.5K |
| COMMON SHARES | |
| Basic Shares Outstanding | 31.01M |
| Diluted Shares Outstanding | 32.60M |
Balance Sheet
| Concept | 2021 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $63.23M |
| YoY Change | 35.69% |
| Cash & Equivalents | $63.23M |
| Short-Term Investments | |
| Other Short-Term Assets | $5.136M |
| YoY Change | 22.29% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $26.31M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $94.68M |
| YoY Change | 28.81% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $2.896M |
| YoY Change | -21.73% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $3.803M |
| YoY Change | 15.24% |
| Total Long-Term Assets | $19.89M |
| YoY Change | -1.56% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $94.68M |
| Total Long-Term Assets | $19.89M |
| Total Assets | $114.6M |
| YoY Change | 22.27% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $3.068M |
| YoY Change | 27.83% |
| Accrued Expenses | $13.91M |
| YoY Change | 10.42% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $63.54M |
| YoY Change | 21.73% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $4.961M |
| YoY Change | -28.1% |
| Total Long-Term Liabilities | $4.961M |
| YoY Change | -28.1% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $63.54M |
| Total Long-Term Liabilities | $4.961M |
| Total Liabilities | $68.50M |
| YoY Change | 15.91% |
| 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 | $46.06M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $114.6M |
| YoY Change | 22.27% |
Cashflow Statement
| Concept | 2021 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $6.959M |
| YoY Change | -3.48% |
| Depreciation, Depletion And Amortization | $454.0K |
| YoY Change | -20.35% |
| Cash From Operating Activities | $13.86M |
| YoY Change | -1.41% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$402.0K |
| YoY Change | -21.18% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$402.0K |
| YoY Change | -21.18% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.352M |
| YoY Change | 66.81% |
| NET CHANGE | |
| Cash From Operating Activities | 13.86M |
| Cash From Investing Activities | -402.0K |
| Cash From Financing Activities | 2.352M |
| Net Change In Cash | 15.81M |
| YoY Change | 5.7% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $13.86M |
| Capital Expenditures | -$402.0K |
| Free Cash Flow | $14.26M |
| YoY Change | -2.1% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
31007000 |
