$ELSE
ELECTRO SENSORS INC

2017 Q4 Form 10-Q Financial Statement

#000089710117001448 Filed on November 13, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $1.840M $2.054M $1.837M
YoY Change 20.26% 11.81% -13.76%
Cost Of Revenue $890.0K $944.0K $835.0K
YoY Change 18.67% 13.05% -9.24%
Gross Profit $940.0K $1.134M $1.002M
YoY Change 22.08% 13.17% -17.19%
Gross Profit Margin 51.09% 55.21% 54.55%
Selling, General & Admin $730.0K $744.0K $773.0K
YoY Change 48.98% -3.75% 1.71%
% of Gross Profit 77.66% 65.61% 77.15%
Research & Development $220.0K $168.0K $200.0K
YoY Change 4.76% -16.0% 25.0%
% of Gross Profit 23.4% 14.81% 19.96%
Depreciation & Amortization $80.00K $70.00K $80.00K
YoY Change 14.29% -12.5% 0.0%
% of Gross Profit 8.51% 6.17% 7.98%
Operating Expenses $950.0K $912.0K $973.0K
YoY Change 37.68% -6.27% 5.76%
Operating Profit -$10.00K $222.0K $29.00K
YoY Change -112.5% 665.52% -90.0%
Interest Expense $20.00K $10.00K $0.00
YoY Change
% of Operating Profit 4.5% 0.0%
Other Income/Expense, Net $0.00 $12.00K $6.000K
YoY Change 100.0%
Pretax Income $10.00K $234.0K $35.00K
YoY Change -88.89% 568.57% -88.33%
Income Tax -$40.00K $82.00K $12.00K
% Of Pretax Income -400.0% 35.04% 34.29%
Net Earnings $0.00 $152.0K $23.00K
YoY Change -100.0% 560.87% -88.5%
Net Earnings / Revenue 0.0% 7.4% 1.25%
Basic Earnings Per Share $0.04 $0.01
Diluted Earnings Per Share $0.00 $0.04 $0.01
COMMON SHARES
Basic Shares Outstanding 3.396M shares 3.396M shares 3.396M shares
Diluted Shares Outstanding 3.401M shares 3.397M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.674M $8.605M $8.220M
YoY Change 4.92% 4.68% -4.2%
Cash & Equivalents $963.0K $1.185M $792.0K
Short-Term Investments $7.711M $7.420M $7.430M
Other Short-Term Assets $141.0K $177.0K $190.0K
YoY Change -18.97% -6.84% 0.0%
Inventory $1.552M $1.528M $1.520M
Prepaid Expenses
Receivables $902.0K $1.042M $840.0K
Other Receivables $50.00K $0.00 $20.00K
Total Short-Term Assets $11.36M $11.35M $10.78M
YoY Change 5.25% 5.31% -4.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.074M $992.0K $1.050M
YoY Change 3.97% -5.52% -2.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $180.0K $250.0K $220.0K
YoY Change -10.0% 13.64% 120.0%
Total Long-Term Assets $2.056M $2.104M $2.360M
YoY Change -9.27% -10.85% -5.6%
TOTAL ASSETS
Total Short-Term Assets $11.36M $11.35M $10.78M
Total Long-Term Assets $2.056M $2.104M $2.360M
Total Assets $13.42M $13.46M $13.14M
YoY Change 2.73% 2.4% -4.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $178.0K $133.0K $160.0K
YoY Change -25.52% -16.88% -11.11%
Accrued Expenses $380.0K $439.0K $410.0K
YoY Change 25.0% 7.07% -14.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $708.0K $790.0K $570.0K
YoY Change 30.39% 38.6% -54.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $380.0K
YoY Change -100.0% -100.0% -17.39%
Total Long-Term Liabilities $0.00 $0.00 $380.0K
YoY Change -100.0% -100.0% -17.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $708.0K $790.0K $570.0K
Total Long-Term Liabilities $0.00 $0.00 $380.0K
Total Liabilities $708.0K $790.0K $950.0K
YoY Change -4.07% -16.84% -43.79%
SHAREHOLDERS EQUITY
Retained Earnings $10.35M $10.35M
YoY Change 2.93%
Common Stock $2.343M $2.340M
YoY Change 2.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.71M $12.67M $12.19M
YoY Change
Total Liabilities & Shareholders Equity $13.42M $13.46M $13.14M
YoY Change 2.73% 2.4% -4.37%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $0.00 $152.0K $23.00K
YoY Change -100.0% 560.87% -88.5%
Depreciation, Depletion And Amortization $80.00K $70.00K $80.00K
YoY Change 14.29% -12.5% 0.0%
Cash From Operating Activities $150.0K $280.0K $170.0K
YoY Change 200.0% 64.71% 142.86%
INVESTING ACTIVITIES
Capital Expenditures -$90.00K -$10.00K $0.00
YoY Change 800.0%
Acquisitions
YoY Change
Other Investing Activities -$270.0K $10.00K $60.00K
YoY Change -2800.0% -83.33%
Cash From Investing Activities -$380.0K $10.00K $60.00K
YoY Change -3900.0% -83.33% 500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 0.000
YoY Change
NET CHANGE
Cash From Operating Activities 150.0K 280.0K 170.0K
Cash From Investing Activities -380.0K 10.00K 60.00K
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -230.0K 290.0K 230.0K
YoY Change -483.33% 26.09% 187.5%
FREE CASH FLOW
Cash From Operating Activities $150.0K $280.0K $170.0K
Capital Expenditures -$90.00K -$10.00K $0.00
Free Cash Flow $240.0K $290.0K $170.0K
YoY Change 300.0% 70.59% 142.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Document Type
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dei Amendment Flag
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dei Entity Filer Category
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dei Entity Registrant Name
EntityRegistrantName
ELECTRO SENSORS INC
dei Entity Central Index Key
EntityCentralIndexKey
0000351789
dei Current Fiscal Year End Date
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dei Entity Well Known Seasoned Issuer
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<div> <p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Nature of Business </font></p> <p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">&nbsp;</font></p> <p style="margin: 0pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt;">Electro-Sensors, Inc. manufactures and markets a complete line of monitoring and control systems for a variety of industrial machinery. The Company uses leading-edge technology to continuously improve its products and make them easier to use, with the ultimate goal of manufacturing the industry-preferred product for every market served. The Company sells these products through an internal sales staff, manufacturers&#8217; representatives, and distributors to a wide variety of industries that use the products in a variety of applications to monitor process machinery operations. The Company markets its products to customers located throughout the United States, Canada, Latin America, Europe, and Asia.</font></p> </div>
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195000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
7427000 USD
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
195000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
12320000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13058000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
1515000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
174000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
840000 USD
CY2017Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 USD
CY2017Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
0 USD
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2017Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
7420000 USD
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1042000 USD
CY2017Q3 us-gaap Assets Current
AssetsCurrent
11352000 USD
CY2017Q3 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
254000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
239000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
1528000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
858000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
992000 USD
CY2017Q3 us-gaap Assets
Assets
13456000 USD
CY2017Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
142000 USD
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
133000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
195000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
20000 USD
else Number Of Years To Recognize Remaing Share Based Compensation
NumberOfYearsToRecognizeRemaingShareBasedCompensation
P3Y
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
142000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
383000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-72000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
383000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-53000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10348000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13456000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1185000 USD
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0131 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3617 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3395521 shares
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
455000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
142000 USD

Files In Submission

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0000897101-17-001448-index-headers.html Edgar Link pending
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0000897101-17-001448.txt Edgar Link pending
0000897101-17-001448-xbrl.zip Edgar Link pending
else-20170930.xml Edgar Link completed
else-20170930.xsd Edgar Link pending
else-20170930_cal.xml Edgar Link unprocessable
else-20170930_def.xml Edgar Link unprocessable
else-20170930_lab.xml Edgar Link unprocessable
else-20170930_pre.xml Edgar Link unprocessable
ex311_1.htm Edgar Link pending
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