$ELMD
Electromed, Inc.

2023 Q1 Form 10-Q Financial Statement

#000089710123000085 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue $12.07M $11.73M $10.25M
YoY Change 19.0% 14.45% 7.92%
Cost Of Revenue $3.012M $3.047M $2.368M
YoY Change 25.6% 28.67% 20.14%
Gross Profit $9.056M $8.682M $7.880M
YoY Change 16.96% 10.18% 4.72%
Gross Profit Margin 75.04% 74.02% 76.89%
Selling, General & Admin $7.694M $7.254M $6.475M
YoY Change 17.57% 12.03% 19.14%
% of Gross Profit 84.96% 83.55% 82.17%
Research & Development $166.0K $154.0K $329.0K
YoY Change -50.6% -53.19%
% of Gross Profit 1.83% 1.77% 4.18%
Depreciation & Amortization $103.0K $165.0K $142.0K
YoY Change -40.46% 16.2% -5.96%
% of Gross Profit 1.14% 1.9% 1.8%
Operating Expenses $7.860M $7.408M $6.804M
YoY Change 14.24% 8.88% 14.51%
Operating Profit $1.196M $1.274M $1.076M
YoY Change 38.59% 18.4% -32.03%
Interest Expense $26.00K $7.000K $6.000K
YoY Change 333.33% 16.67% -40.0%
% of Operating Profit 2.17% 0.55% 0.56%
Other Income/Expense, Net
YoY Change
Pretax Income $1.222M $1.281M $1.082M
YoY Change 40.62% 18.39% -32.08%
Income Tax $147.0K $304.0K $244.0K
% Of Pretax Income 12.03% 23.73% 22.55%
Net Earnings $1.075M $977.0K $838.0K
YoY Change 66.67% 16.59% -30.4%
Net Earnings / Revenue 8.91% 8.33% 8.18%
Basic Earnings Per Share $0.13 $0.12 $0.10
Diluted Earnings Per Share $0.12 $0.11 $95.65K
COMMON SHARES
Basic Shares Outstanding 8.514M shares 8.485M shares 8.478M shares
Diluted Shares Outstanding 8.710M shares 8.684M shares 8.761M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.776M $6.909M $10.47M
YoY Change -31.17% -34.01% -10.83%
Cash & Equivalents $6.776M $6.909M $10.47M
Short-Term Investments
Other Short-Term Assets $1.808M $1.720M $716.0K
YoY Change 82.44% 140.22% 87.55%
Inventory $3.451M $3.473M $1.790M
Prepaid Expenses
Receivables $22.35M $21.56M $19.40M
Other Receivables $219.0K $0.00 $78.00K
Total Short-Term Assets $35.17M $34.16M $32.45M
YoY Change 6.61% 5.28% 5.03%
LONG-TERM ASSETS
Property, Plant & Equipment $5.502M $5.038M $4.027M
YoY Change 27.69% 25.11% 12.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $60.00K $80.00K $1.110M
YoY Change -94.6% -92.79% 53.78%
Total Long-Term Assets $7.672M $7.230M $5.754M
YoY Change 27.21% 25.65% 16.76%
TOTAL ASSETS
Total Short-Term Assets $35.17M $34.16M $32.45M
Total Long-Term Assets $7.672M $7.230M $5.754M
Total Assets $42.84M $41.39M $38.20M
YoY Change 9.8% 8.35% 6.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.289M $785.0K $1.295M
YoY Change 10.83% -39.38% 79.14%
Accrued Expenses $3.795M $3.759M $2.384M
YoY Change 32.46% 57.68% 22.09%
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 $6.417M $6.011M $4.670M
YoY Change 29.22% 28.72% 33.97%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $30.00K $33.00K $47.00K
YoY Change -30.23% -29.79% 1095.93%
Total Long-Term Liabilities $30.00K $33.00K $47.00K
YoY Change -30.23% -29.79% 1095.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.417M $6.011M $4.670M
Total Long-Term Liabilities $30.00K $33.00K $47.00K
Total Liabilities $6.447M $6.044M $4.717M
YoY Change 28.71% 28.13% 35.16%
SHAREHOLDERS EQUITY
Retained Earnings $17.76M $16.69M
YoY Change
Common Stock $86.00K $85.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.39M $35.35M $33.49M
YoY Change
Total Liabilities & Shareholders Equity $42.84M $41.39M $38.20M
YoY Change 9.8% 8.35% 6.64%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income $1.075M $977.0K $838.0K
YoY Change 66.67% 16.59% -30.4%
Depreciation, Depletion And Amortization $103.0K $165.0K $142.0K
YoY Change -40.46% 16.2% -5.96%
Cash From Operating Activities $646.0K $1.364M $470.0K
YoY Change 306.29% 190.21% -29.75%
INVESTING ACTIVITIES
Capital Expenditures $558.0K $461.0K -$310.0K
YoY Change -214.81% -248.71% 400.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$558.0K -$461.0K -$310.0K
YoY Change 14.81% 48.71% 400.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$670.0K
YoY Change 8275.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -221.0K 8.000K -670.0K
YoY Change -26.09% -101.19% 8275.0%
NET CHANGE
Cash From Operating Activities 646.0K 1.364M 470.0K
Cash From Investing Activities -558.0K -461.0K -310.0K
Cash From Financing Activities -221.0K 8.000K -670.0K
Net Change In Cash -133.0K 911.0K -510.0K
YoY Change -78.75% -278.63% -185.14%
FREE CASH FLOW
Cash From Operating Activities $646.0K $1.364M $470.0K
Capital Expenditures $558.0K $461.0K -$310.0K
Free Cash Flow $88.00K $903.0K $780.0K
YoY Change -86.36% 15.77% 6.7%

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16000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
60000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
70000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
153000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
663000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-197000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-733000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1244000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1419000 usd
CY2022Q2 us-gaap Cash
Cash
8153000 usd
CY2021Q2 us-gaap Cash
Cash
11889000 usd
CY2022Q4 us-gaap Cash
Cash
6909000 usd
CY2021Q4 us-gaap Cash
Cash
10470000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
182000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
681000 usd
elmd Property And Equipment Acquisitions In Accounts Payable
PropertyAndEquipmentAcquisitionsInAccountsPayable
73000 usd
elmd Property And Equipment Acquisitions In Accounts Payable
PropertyAndEquipmentAcquisitionsInAccountsPayable
153000 usd
elmd Intangible Asset Acquisitions In Accounts Payable
IntangibleAssetAcquisitionsInAccountsPayable
5000 usd
elmd Intangible Asset Acquisitions In Accounts Payable
IntangibleAssetAcquisitionsInAccountsPayable
6000 usd
elmd Lease Assets Obtained In Exchange For New Operating Lease Liabilities
LeaseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
53000 usd
elmd Demonstration Equipment Returned To Inventory
DemonstrationEquipmentReturnedToInventory
26000 usd
elmd Demonstration Equipment Returned To Inventory
DemonstrationEquipmentReturnedToInventory
10000 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
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
838000 usd
CY2021Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-6000 usd
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
277000 usd
CY2021Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
663000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
33487000 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
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
977000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16000 usd
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
221000 usd
CY2022Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
35350000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_847_eus-gaap--UseOfEstimates_zYLqaaz2Uwua" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><b><span id="xdx_86A_zRB5AJp8bTUc">Use of estimates</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.</p>
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200499 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
108044 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
206261 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
112170 shares
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11729000 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10248000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22387000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20249000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
202000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
286000 usd
CY2021Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
393000 usd
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
-737000 usd
CY2022 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
-833000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1008000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
784000 usd
us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
-50000 usd
CY2022 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
-58000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
507000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
286000 usd
CY2022Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
3075000 usd
CY2022Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
2672000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
107000 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
100000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
235000 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
469000 usd
CY2022Q4 us-gaap Other Inventory In Transit
OtherInventoryInTransit
258000 usd
CY2022Q2 us-gaap Other Inventory In Transit
OtherInventoryInTransit
228000 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
291000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
3473000 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
3178000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1256000 usd
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
940000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
222000 usd
CY2022 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
494000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
141000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
178000 usd
CY2022Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1337000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1256000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
304000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
271000 usd
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.237 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.204 pure
CY2022Q4 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1000 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
43000 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
244000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
352000 usd
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.216 pure
CY2021Q4 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1000 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
21000 usd
us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0100 pure
CY2022Q4 elmd Debt Instrument Covenant Compliance Amount
DebtInstrumentCovenantComplianceAmount
10125000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
239995 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2725000 usd
CY2022Q4 us-gaap Share Price
SharePrice
11.36
us-gaap Share Based Compensation
ShareBasedCompensation
316000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
526000 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
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
102775 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.91
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
23100 shares
elmd Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExerciseDateFairValue
2.23
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
21065 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
11.90
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
560694 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.49
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0288 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0423 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
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.53 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

Files In Submission

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0000897101-23-000085-index-headers.html Edgar Link pending
0000897101-23-000085-index.html Edgar Link pending
0000897101-23-000085.txt Edgar Link pending
0000897101-23-000085-xbrl.zip Edgar Link pending
elmd-20221231.xsd Edgar Link pending
elmd230174_10q.htm Edgar Link pending
elmd230174_ex31-1.htm Edgar Link pending
elmd230174_ex31-2.htm Edgar Link pending
elmd230174_ex32-1.htm Edgar Link pending
elmd230174_ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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R12.htm Edgar Link pending
elmd-20221231_cal.xml Edgar Link unprocessable
elmd-20221231_def.xml Edgar Link unprocessable
elmd-20221231_lab.xml Edgar Link unprocessable
elmd230174_10q_htm.xml Edgar Link completed
R13.htm Edgar Link pending
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R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
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R19.htm Edgar Link pending
R2.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
elmd-20221231_pre.xml Edgar Link unprocessable