2021 Q3 Form 10-Q Financial Statement
#000121390021059486 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $37.38M | $44.20M |
| YoY Change | -15.43% | -12.99% |
| Cost Of Revenue | $30.13M | $35.80M |
| YoY Change | -15.84% | -5.04% |
| Gross Profit | $7.253M | $8.300M |
| YoY Change | -12.61% | -37.12% |
| Gross Profit Margin | 19.4% | 18.78% |
| Selling, General & Admin | $22.19M | $37.70M |
| YoY Change | -41.14% | 88.5% |
| % of Gross Profit | 305.92% | 454.22% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $812.6K | $920.0K |
| YoY Change | -11.68% | -22.69% |
| % of Gross Profit | 11.2% | 11.08% |
| Operating Expenses | $22.19M | $37.70M |
| YoY Change | -41.14% | 89.45% |
| Operating Profit | -$14.94M | -$29.40M |
| YoY Change | -49.2% | 338.81% |
| Interest Expense | -$26.71K | $0.00 |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | -$2.910K | -$100.0K |
| YoY Change | -97.09% | |
| Pretax Income | -$14.97M | -$29.40M |
| YoY Change | -49.1% | 326.09% |
| Income Tax | $112.0K | $1.500M |
| % Of Pretax Income | ||
| Net Earnings | -$15.08M | -$31.00M |
| YoY Change | -51.36% | 324.66% |
| Net Earnings / Revenue | -40.33% | -70.14% |
| Basic Earnings Per Share | -$1.78 | |
| Diluted Earnings Per Share | -$1.776M | -$4.844M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 8.488M shares | |
| Diluted Shares Outstanding | 8.488M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $22.02M | $12.80M |
| YoY Change | 72.05% | -84.58% |
| Cash & Equivalents | $22.02M | $12.80M |
| Short-Term Investments | ||
| Other Short-Term Assets | $29.38M | $42.20M |
| YoY Change | -30.38% | 30.25% |
| Inventory | $52.46M | $107.9M |
| Prepaid Expenses | ||
| Receivables | $99.14M | $109.2M |
| Other Receivables | $93.98K | $200.0K |
| Total Short-Term Assets | $203.1M | $272.3M |
| YoY Change | -25.41% | -32.15% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $21.65M | $23.10M |
| YoY Change | -6.26% | -6.85% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $9.852M | $11.20M |
| YoY Change | -12.04% | -11.11% |
| Total Long-Term Assets | $47.81M | $57.80M |
| YoY Change | -17.28% | -6.47% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $203.1M | $272.3M |
| Total Long-Term Assets | $47.81M | $57.80M |
| Total Assets | $250.9M | $330.1M |
| YoY Change | -23.99% | -28.72% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $18.80M | $23.80M |
| YoY Change | -20.99% | 12.8% |
| Accrued Expenses | $9.384M | $9.100M |
| YoY Change | 3.12% | 19.74% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $4.188M | $4.000M |
| YoY Change | 4.69% | -63.64% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $78.02M | $84.80M |
| YoY Change | -7.99% | 5.21% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $78.02M | $84.80M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $78.02M | $84.80M |
| YoY Change | -7.99% | 5.21% |
| 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 | $172.9M | $245.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $250.9M | $330.1M |
| YoY Change | -23.99% | -28.72% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
||
| CY2021Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000857949 | |
| CY2020Q3 | cga |
Income Tax Reconciliation Pretax Incomeloss
IncomeTaxReconciliationPretaxIncomeloss
|
-28127288 | USD |
| CY2021Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-09-30 | |
| CY2021Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
| CY2021Q3 | dei |
Entity Address Country
EntityAddressCountry
|
CN | |
| CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
USD | |
| CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
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| CY2021Q3 | cga |
Transfer To Statutory Reserve Value
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|
USD | |
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Transfer To Statutory Reserve Value
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Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
USD | |
| CY2020Q3 | us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
USD | |
| CY2021Q3 | us-gaap |
Payments For Proceeds From Deposit On Loan
PaymentsForProceedsFromDepositOnLoan
|
USD | |
| CY2021Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
USD | |
| CY2021Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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|
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Net Income From Discontinued Operations For Diluted Earnings Per Share
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|
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| CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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|
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| CY2021Q3 | us-gaap |
Deferred Income Tax Expense Benefit
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|
USD | |
| CY2020Q3 | us-gaap |
Deferred Income Tax Expense Benefit
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|
USD |
