2022 Q3 Form 10-Q Financial Statement

#000117494722000953 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $14.97M $12.76M $11.40M
YoY Change 31.14% 21.09% 8.3%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $1.727M $1.386M $1.138M
YoY Change 57.43% 25.77% 3.64%
% of Gross Profit
Depreciation & Amortization $416.0K $403.0K $388.0K
YoY Change 6.67% 3.33% 2.11%
% of Gross Profit
Operating Expenses $11.51M $11.48M $10.61M
YoY Change 13.79% 18.37% 15.47%
Operating Profit
YoY Change
Interest Expense $1.383M $785.0K $683.0K
YoY Change 75.29% -2.61% -19.74%
% of Operating Profit
Other Income/Expense, Net $824.0K $1.075M $715.0K
YoY Change -0.84% 80.07% 34.65%
Pretax Income $4.706M $2.866M $3.689M
YoY Change -3.94% -30.3% -32.13%
Income Tax $697.0K $308.0K $498.0K
% Of Pretax Income 14.81% 10.75% 13.5%
Net Earnings $4.009M $2.558M $3.191M
YoY Change -3.14% -27.96% -29.15%
Net Earnings / Revenue 26.78% 20.05% 27.98%
Basic Earnings Per Share $0.71 $0.46 $0.57
Diluted Earnings Per Share $714.5K $457.1K $571.4K
COMMON SHARES
Basic Shares Outstanding 5.611M shares 5.596M shares 5.585M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $619.2M $642.5M $677.6M
YoY Change -4.63% -0.77%
Cash & Equivalents $50.58M $54.61M $79.15M
Short-Term Investments $568.6M $587.9M $598.5M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $24.60M $24.34M $24.39M
YoY Change 0.4% -1.57% -4.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.824B $1.770B $1.705B
YoY Change 14.15% 12.13% 11.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $15.00M $20.00M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $39.36M $39.72M $19.70M
YoY Change 99.78% 102.65% 0.51%
Other Long-Term Liabilities $7.738M $6.738M $7.246M
YoY Change 93.45% 64.34% 57.52%
Total Long-Term Liabilities $47.09M $46.46M $26.95M
YoY Change 98.71% 96.03% 11.35%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $47.09M $46.46M $26.95M
Total Liabilities $1.738B $1.669B $1.589B
YoY Change 18.9% 15.67% 13.26%
SHAREHOLDERS EQUITY
Retained Earnings $138.8M $135.7M $134.1M
YoY Change 6.67% 6.95% 7.9%
Common Stock $574.0K $574.0K $574.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.273M $2.564M $2.879M
YoY Change -30.34% -23.83% -15.87%
Treasury Stock Shares 114.0K shares 128.5K shares 144.0K shares
Shareholders Equity $86.16M $101.4M $116.0M
YoY Change
Total Liabilities & Shareholders Equity $1.824B $1.770B $1.705B
YoY Change 14.16% 12.13% 11.31%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $4.009M $2.558M $3.191M
YoY Change -3.14% -27.96% -29.15%
Depreciation, Depletion And Amortization $416.0K $403.0K $388.0K
YoY Change 6.67% 3.33% 2.11%
Cash From Operating Activities $7.411M -$342.0K $8.160M
YoY Change 126.64% -110.15% 59.0%
INVESTING ACTIVITIES
Capital Expenditures -$612.0K -$406.0K $229.0K
YoY Change 45.71% 16.0% -26.37%
Acquisitions
YoY Change
Other Investing Activities -$78.31M -$103.4M -$92.27M
YoY Change -3534.82% 35.6% 14.31%
Cash From Investing Activities -$78.93M -$103.8M -$92.50M
YoY Change -4320.64% 35.51% 13.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 67.48M 79.65M $5.043M
YoY Change 268.74% 98.91% -92.77%
NET CHANGE
Cash From Operating Activities 7.411M -342.0K $8.160M
Cash From Investing Activities -78.93M -103.8M -$92.50M
Cash From Financing Activities 67.48M 79.65M $5.043M
Net Change In Cash -4.036M -24.54M -$79.30M
YoY Change -117.22% -26.12% 1153.68%
FREE CASH FLOW
Cash From Operating Activities $7.411M -$342.0K $8.160M
Capital Expenditures -$612.0K -$406.0K $229.0K
Free Cash Flow $8.023M $64.00K $7.931M
YoY Change 117.43% -98.28% 64.51%

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CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
21647000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
340000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
246682000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3324000 usd
CY2022Q2 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-130000 usd
CY2021Q2 us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-24000 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
-138000 usd
us-gaap Debt And Equity Securities Realized Gain Loss
DebtAndEquitySecuritiesRealizedGainLoss
223000 usd
CY2022Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
usd
CY2021Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-51000 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-95000 usd
CY2022Q2 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
-130000 usd
CY2021Q2 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
-24000 usd
us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
-189000 usd
us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
128000 usd
CY2022Q2 enbp Debt Issuance Cost Credit Net
DebtIssuanceCostCreditNet
2186000 usd
CY2021Q4 enbp Debt Issuance Cost Credit Net
DebtIssuanceCostCreditNet
1755000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13606000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12931000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1027834000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1039254000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
919149000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
907973000 usd
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
615702000 usd
CY2021Q4 us-gaap Notes Receivable Net
NotesReceivableNet
510101000 usd
CY2022Q2 enbp Loans Total Past Due
LoansTotalPastDue
5895000 usd
CY2022Q2 enbp Loans Current
LoansCurrent
1033359000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1039254000 usd
CY2022Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
813000 usd
CY2021Q4 enbp Loans Total Past Due
LoansTotalPastDue
4760000 usd
CY2021Q4 enbp Loans Current
LoansCurrent
914389000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
919149000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
325000 usd
CY2022Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4666000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2556000 usd
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
4179000 usd
CY2021Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
5457000 usd
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
5597000 usd
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
5000 usd
CY2021Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
80000 usd
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
138000 usd
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
4352000 usd
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
4449000 usd
CY2022Q2 enbp Impaired Financing Receivable With No Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowance
usd
CY2022Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
783000 usd
CY2022Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
801000 usd
CY2022Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
74000 usd
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
5135000 usd
CY2022Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
5250000 usd
CY2022Q2 enbp Impaired Financing Receivable Related Allowance1
ImpairedFinancingReceivableRelatedAllowance1
74000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
2663000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
2767000 usd
CY2021Q4 enbp Impaired Financing Receivable With No Related Allowance
ImpairedFinancingReceivableWithNoRelatedAllowance
usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
661000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
670000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
147000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3324000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
3437000 usd
CY2021Q4 enbp Impaired Financing Receivable Related Allowance1
ImpairedFinancingReceivableRelatedAllowance1
147000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12931000 usd
CY2022Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
14000 usd
CY2022Q1 enbp Provision For Or Credit From Loan And Lease Losses
ProvisionForOrCreditFromLoanAndLeaseLosses
-100000 usd
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12979000 usd
CY2022Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
41000 usd
CY2022Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
18000 usd
CY2022Q2 enbp Provision For Or Credit From Loan And Lease Losses
ProvisionForOrCreditFromLoanAndLeaseLosses
-650000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13606000 usd
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
107000 usd
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
32000 usd
CY2021Q4 enbp Allowance For Losses On Receivables Unallocated Percentage
AllowanceForLossesOnReceivablesUnallocatedPercentage
0.049 pure
CY2022Q2 enbp Allowance For Losses On Receivables Unallocated Percentage
AllowanceForLossesOnReceivablesUnallocatedPercentage
0.032 pure
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12327000 usd
CY2021Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
2000 usd
CY2021Q1 enbp Provision For Or Credit From Loan And Lease Losses
ProvisionForOrCreditFromLoanAndLeaseLosses
-375000 usd
CY2021Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12690000 usd
CY2021Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
9000 usd
CY2021Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
22000 usd
CY2021Q2 enbp Provision For Or Credit From Loan And Lease Losses
ProvisionForOrCreditFromLoanAndLeaseLosses
usd
CY2021Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12703000 usd
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
23000 usd
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
24000 usd
CY2020Q4 enbp Allowance For Losses On Receivables Unallocated Percentage
AllowanceForLossesOnReceivablesUnallocatedPercentage
0.043 pure
CY2021Q2 enbp Allowance For Losses On Receivables Unallocated Percentage
AllowanceForLossesOnReceivablesUnallocatedPercentage
0.047 pure
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
74000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
13532000 usd
CY2022Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1039254000 usd
CY2022Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
5135000 usd
CY2022Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1034119000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
147000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
12784000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
919149000 usd
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
3324000 usd
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
915825000 usd
CY2022Q2 us-gaap Marketable Securities
MarketableSecurities
587913000 usd
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
567075000 usd
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
5135000 usd
CY2022Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
74000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
3324000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
147000 usd
CY2022Q2 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
544700000 usd

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