2022 Q4 Form 10-Q Financial Statement
#000089710122000945 Filed on November 08, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $11.73M | $10.66M | $10.00M |
YoY Change | 14.45% | 6.57% | 24.95% |
Cost Of Revenue | $3.047M | $2.327M | $2.300M |
YoY Change | 28.67% | 1.17% | 23.92% |
Gross Profit | $8.682M | $8.331M | $7.701M |
YoY Change | 10.18% | 8.18% | 25.26% |
Gross Profit Margin | 74.02% | 78.17% | 77.0% |
Selling, General & Admin | $7.254M | $7.989M | $6.787M |
YoY Change | 12.03% | 17.71% | 35.63% |
% of Gross Profit | 83.55% | 95.89% | 88.13% |
Research & Development | $154.0K | $298.0K | $376.0K |
YoY Change | -53.19% | -20.74% | -21.83% |
% of Gross Profit | 1.77% | 3.58% | 4.88% |
Depreciation & Amortization | $165.0K | $134.0K | $158.0K |
YoY Change | 16.2% | -15.19% | -3.66% |
% of Gross Profit | 1.9% | 1.61% | 2.05% |
Operating Expenses | $7.408M | $8.287M | $7.163M |
YoY Change | 8.88% | 15.69% | 30.59% |
Operating Profit | $1.274M | $44.00K | $538.0K |
YoY Change | 18.4% | -91.82% | -18.85% |
Interest Expense | $7.000K | $4.000K | $9.000K |
YoY Change | 16.67% | -55.56% | 0.0% |
% of Operating Profit | 0.55% | 9.09% | 1.67% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $1.281M | $48.00K | $547.0K |
YoY Change | 18.39% | -91.22% | -18.6% |
Income Tax | $304.0K | -$33.00K | $108.0K |
% Of Pretax Income | 23.73% | -68.75% | 19.74% |
Net Earnings | $977.0K | $81.00K | $439.0K |
YoY Change | 16.59% | -81.55% | -17.94% |
Net Earnings / Revenue | 8.33% | 0.76% | 4.39% |
Basic Earnings Per Share | $0.12 | $0.01 | $0.05 |
Diluted Earnings Per Share | $0.11 | $0.01 | $49.41K |
COMMON SHARES | |||
Basic Shares Outstanding | 8.485M shares | 8.475M shares | 8.559M shares |
Diluted Shares Outstanding | 8.684M shares | 8.689M shares | 8.884M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.909M | $5.998M | $10.98M |
YoY Change | -34.01% | -45.37% | -1.46% |
Cash & Equivalents | $6.909M | $5.998M | $10.98M |
Short-Term Investments | |||
Other Short-Term Assets | $1.720M | $2.015M | $531.0K |
YoY Change | 140.22% | 279.47% | 8.95% |
Inventory | $3.473M | $3.673M | $2.023M |
Prepaid Expenses | |||
Receivables | $21.56M | $20.96M | $18.68M |
Other Receivables | $0.00 | $124.0K | $210.0K |
Total Short-Term Assets | $34.16M | $33.22M | $32.43M |
YoY Change | 5.28% | 2.45% | 10.53% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.038M | $4.682M | $3.717M |
YoY Change | 25.11% | 25.96% | 1.39% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $80.00K | $100.0K | $1.136M |
YoY Change | -92.79% | -91.2% | 49.37% |
Total Long-Term Assets | $7.230M | $6.914M | $5.474M |
YoY Change | 25.65% | 26.31% | 8.32% |
TOTAL ASSETS | |||
Total Short-Term Assets | $34.16M | $33.22M | $32.43M |
Total Long-Term Assets | $7.230M | $6.914M | $5.474M |
Total Assets | $41.39M | $40.13M | $37.90M |
YoY Change | 8.35% | 5.89% | 10.2% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $785.0K | $1.265M | $1.261M |
YoY Change | -39.38% | 0.32% | 64.58% |
Accrued Expenses | $3.759M | $3.334M | $2.549M |
YoY Change | 57.68% | 30.8% | 30.23% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.011M | $5.953M | $4.809M |
YoY Change | 28.72% | 23.79% | 36.28% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $33.00K | $37.00K | $50.00K |
YoY Change | -29.79% | -26.0% | 733.33% |
Total Long-Term Liabilities | $33.00K | $37.00K | $50.00K |
YoY Change | -29.79% | -26.0% | 733.33% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.011M | $5.953M | $4.809M |
Total Long-Term Liabilities | $33.00K | $37.00K | $50.00K |
Total Liabilities | $6.044M | $5.990M | $4.859M |
YoY Change | 28.13% | 23.28% | 37.46% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $16.69M | $15.72M | |
YoY Change | |||
Common Stock | $85.00K | $85.00K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $35.35M | $34.14M | $33.04M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $41.39M | $40.13M | $37.90M |
YoY Change | 8.35% | 5.89% | 10.2% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $977.0K | $81.00K | $439.0K |
YoY Change | 16.59% | -81.55% | -17.94% |
Depreciation, Depletion And Amortization | $165.0K | $134.0K | $158.0K |
YoY Change | 16.2% | -15.19% | -3.66% |
Cash From Operating Activities | $1.364M | -$1.694M | -$576.0K |
YoY Change | 190.21% | 194.1% | -170.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $461.0K | $241.0K | -$270.0K |
YoY Change | -248.71% | -189.26% | 229.27% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$461.0K | -$256.0K | -$270.0K |
YoY Change | 48.71% | -5.19% | 229.27% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$63.00K | ||
YoY Change | -17.11% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.000K | -$205.0K | -63.00K |
YoY Change | -101.19% | 225.4% | -17.11% |
NET CHANGE | |||
Cash From Operating Activities | 1.364M | -$1.694M | -576.0K |
Cash From Investing Activities | -461.0K | -$256.0K | -270.0K |
Cash From Financing Activities | 8.000K | -$205.0K | -63.00K |
Net Change In Cash | 911.0K | -$2.155M | -909.0K |
YoY Change | -278.63% | 137.07% | -236.9% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.364M | -$1.694M | -$576.0K |
Capital Expenditures | $461.0K | $241.0K | -$270.0K |
Free Cash Flow | $903.0K | -$1.935M | -$306.0K |
YoY Change | 15.77% | 532.35% | -133.85% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001488917 | |
CY2022Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
CY2022Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2022Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2022Q3 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2022Q3 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2022Q3 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2022Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
usd | |
CY2022Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
usd | |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
usd | |
CY2021Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
usd | |
CY2022Q3 | elmd |
Lease Assets Obtained In Exchange For New Operating Lease Liabilities
LeaseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
|
usd | |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
usd | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
538000 | usd |
CY2021Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
286000 | usd |
CY2021Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1256000 | usd |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y | |
CY2022Q3 | dei |
Document Type
DocumentType
|
10-Q | |
CY2022Q3 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
500 Sixth Avenue NW | |
CY2022Q3 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
New Prague | |
CY2022Q3 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
MN | |
CY2022Q3 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
56071 | |
CY2022Q3 | dei |
City Area Code
CityAreaCode
|
952 | |
CY2022Q3 | dei |
Local Phone Number
LocalPhoneNumber
|
758-9299 | |
CY2022Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-09-30 | |
CY2022Q3 | dei |
Entity File Number
EntityFileNumber
|
001-34839 | |
CY2022Q3 | dei |
Entity Registrant Name
EntityRegistrantName
|
Electromed, Inc. | |
CY2022Q3 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MN | |
CY2022Q3 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
41-1732920 | |
CY2022Q3 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $0.01 par value | |
CY2022Q3 | dei |
Trading Symbol
TradingSymbol
|
ELMD | |
CY2022Q3 | dei |
Security Exchange Name
SecurityExchangeName
|
NYSEAMER | |
CY2022Q3 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2022Q3 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2022Q3 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2022Q3 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2022Q3 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2022Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
8485064 | shares |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5998000 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8153000 | usd |
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
45000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
45000 | usd |
CY2022Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
20957000 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
21052000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
453000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
286000 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
3673000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
3178000 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
2015000 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
1870000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
124000 | usd |
CY2022Q3 | us-gaap |
Assets Current
AssetsCurrent
|
33220000 | usd |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
34539000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4682000 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4568000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
600000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
599000 | usd |
CY2022Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
100000 | usd |
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
120000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1532000 | usd |
CY2022Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1538000 | usd |
CY2022Q3 | us-gaap |
Assets
Assets
|
40134000 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
41364000 | usd |
CY2022Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1265000 | usd |
CY2022Q3 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
37000 | usd |
CY2022Q2 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
41000 | usd |
CY2022Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5953000 | usd |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7150000 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1261000 | usd |
CY2022Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1610000 | usd |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2742000 | usd |
CY2022Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
51000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1354000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1256000 | usd |
CY2022Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1724000 | usd |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1840000 | usd |
CY2022Q3 | us-gaap |
Liabilities
Liabilities
|
5990000 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
7191000 | usd |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
13000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
13000000 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8485864 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
8485864 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8475438 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
8475438 | shares |
CY2022Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
85000 | usd |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
85000 | usd |
CY2022Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18343000 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18308000 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15716000 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
15780000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34144000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34173000 | usd |
CY2022Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
40134000 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
41364000 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
10658000 | usd |
CY2021Q3 | us-gaap |
Revenues
Revenues
|
10001000 | usd |
CY2022Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
2327000 | usd |
CY2021Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
2300000 | usd |
CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
8331000 | usd |
CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
7701000 | usd |
CY2022Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
7989000 | usd |
CY2021Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
6787000 | usd |
CY2022Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
298000 | usd |
CY2021Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
376000 | usd |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
8287000 | usd |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
7163000 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44000 | usd |
CY2022Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
4000 | usd |
CY2021Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
9000 | usd |
CY2021Q3 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1000 | usd |
CY2022Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
60000 | usd |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2021Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
48000 | usd |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
547000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-33000 | usd |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
108000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
81000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
439000 | usd |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8445893 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8559219 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8689377 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8884493 | shares |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
81000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
439000 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
134000 | usd |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
106000 | usd |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
20000 | usd |
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
52000 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
95000 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
249000 | usd |
CY2022Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
6000 | usd |
CY2021Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
32000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-95000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1331000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
167000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-74000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
500000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-91000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
125000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
186000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-175000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-498000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-26000 | usd |
CY2021Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-455000 | usd |
CY2022Q3 | elmd |
Accrued Compensation
AccruedCompensation
|
1132000 | usd |
CY2021Q3 | elmd |
Accrued Compensation
AccruedCompensation
|
-851000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1694000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-576000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
241000 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
225000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
15000 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
45000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-256000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
135000 | usd |
CY2021Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
64000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-270000 | usd |
CY2022Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
145000 | usd |
CY2022Q3 | us-gaap |
Cash
Cash
|
5998000 | usd |
CY2021Q3 | us-gaap |
Cash
Cash
|
10980000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-205000 | usd |
CY2021Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-63000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2155000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-909000 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
8153000 | usd |
CY2021Q2 | us-gaap |
Cash
Cash
|
11889000 | usd |
CY2021Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
574000 | usd |
CY2022Q3 | elmd |
Property And Equipment Acquisitions In Accounts Payable
PropertyAndEquipmentAcquisitionsInAccountsPayable
|
46000 | usd |
CY2021Q3 | elmd |
Property And Equipment Acquisitions In Accounts Payable
PropertyAndEquipmentAcquisitionsInAccountsPayable
|
2000 | usd |
CY2022Q3 | elmd |
Intangible Asset Acquisitions In Accounts Payable
IntangibleAssetAcquisitionsInAccountsPayable
|
9000 | usd |
CY2021Q3 | elmd |
Intangible Asset Acquisitions In Accounts Payable
IntangibleAssetAcquisitionsInAccountsPayable
|
7000 | usd |
CY2021Q3 | elmd |
Lease Assets Obtained In Exchange For New Operating Lease Liabilities
LeaseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
|
53000 | usd |
CY2022Q3 | elmd |
Demonstration Equipment Returned To Inventory
DemonstrationEquipmentReturnedToInventory
|
5000 | usd |
CY2021Q3 | elmd |
Demonstration Equipment Returned To Inventory
DemonstrationEquipmentReturnedToInventory
|
1000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32416000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
439000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1000 | usd |
CY2021Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-64000 | usd |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
249000 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
33041000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34173000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
81000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-60000 | usd |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
95000 | usd |
CY2022Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
145000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34144000 | usd |
CY2022Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84D_eus-gaap--UseOfEstimates_zYzSr4M0ke4d" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_865_zhlKmMMTeKK">Use of estimates</span></span>. </b>Management uses estimates and assumptions in preparing the unaudited Condensed Financial Statements in accordance with U.S. GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used. The Company believes the critical accounting policies that require the most significant assumptions and judgments in the preparation of its unaudited Condensed Financial Statements include revenue recognition and the related estimation of variable consideration, inventory valuation, share-based compensation and warranty reserve.</span></p> | |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
212023 | shares |
CY2021Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
110752 | shares |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
10658000 | usd |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
10001000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
286000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
-305000 | usd |
CY2022 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
-833000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
471000 | usd |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
784000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
|
1000 | usd |
CY2022 | us-gaap |
Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
|
-58000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
453000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
286000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1256000 | usd |
CY2022Q3 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
2968000 | usd |
CY2022Q2 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
2672000 | usd |
CY2022Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
361000 | usd |
CY2022Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
100000 | usd |
CY2022Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
317000 | usd |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
469000 | usd |
CY2022Q3 | us-gaap |
Other Inventory In Transit
OtherInventoryInTransit
|
251000 | usd |
CY2022Q2 | us-gaap |
Other Inventory In Transit
OtherInventoryInTransit
|
228000 | usd |
CY2022Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
224000 | usd |
CY2022Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
291000 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
3673000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
3178000 | usd |
CY2022Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1256000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
172000 | usd |
CY2022 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
494000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
74000 | usd |
CY2022 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
178000 | usd |
CY2022Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
1354000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-33000 | usd |
CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.688 | pure |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
44000 | usd |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
108000 | usd |
CY2021Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.197 | pure |
CY2021Q3 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
20000 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.0100 | pure |
CY2022Q3 | elmd |
Debt Instrument Covenant Compliance Amount
DebtInstrumentCovenantComplianceAmount
|
10125000 | usd |
CY2022 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
239195 | shares |
CY2022 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
2717000 | usd |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
11.36 | |
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
95000 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
249000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
502084 | shares |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
5.82 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
101500 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
9.90 | |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
20000 | shares |
CY2022Q3 | elmd |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExerciseDateFairValue
|
1.75 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
7799 | shares |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
11.95 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
575785 | shares |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
6.60 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0288 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0089 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0252 | pure |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.55 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.55 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.64 | pure |