2012 Q3 Form 10-Q Financial Statement

#000110465912076718 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $4.292M $3.885M
YoY Change 10.47% 232.3%
Cost Of Revenue $340.0K $220.0K
YoY Change 54.55% -40.54%
Gross Profit $3.950M $3.670M
YoY Change 7.63% 358.75%
Gross Profit Margin 92.04% 94.47%
Selling, General & Admin $1.710M $1.410M
YoY Change 21.28% 48.42%
% of Gross Profit 43.29% 38.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $296.9K $236.9K
YoY Change 25.34% 91.01%
% of Gross Profit 7.52% 6.45%
Operating Expenses $2.361M $1.876M
YoY Change 25.85% 3.24%
Operating Profit $1.931M $2.009M
YoY Change -3.9% -409.97%
Interest Expense $16.43K $10.00K
YoY Change 64.28% 0.0%
% of Operating Profit 0.85% 0.5%
Other Income/Expense, Net -$10.81K
YoY Change
Pretax Income $1.920M $2.016M
YoY Change -4.78% -414.86%
Income Tax $760.2K $872.6K
% Of Pretax Income 39.6% 43.28%
Net Earnings $1.160M $1.144M
YoY Change 1.4% -335.61%
Net Earnings / Revenue 27.02% 29.44%
Basic Earnings Per Share $0.04 $0.04
Diluted Earnings Per Share $0.03 $0.03
COMMON SHARES
Basic Shares Outstanding 27.94M shares 27.67M shares
Diluted Shares Outstanding 31.76M shares 31.28M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.38M $11.86M
YoY Change 12.82% 216.27%
Cash & Equivalents $13.13M $11.61M
Short-Term Investments $250.0K $250.0K
Other Short-Term Assets $510.0K $500.0K
YoY Change 2.0% -86.74%
Inventory
Prepaid Expenses
Receivables $1.620M $1.450M
Other Receivables $190.00 $169.00
Total Short-Term Assets $15.63M $14.17M
YoY Change 10.27% 57.99%
LONG-TERM ASSETS
Property, Plant & Equipment $42.39M $33.64M
YoY Change 26.02% 6.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $269.8K $91.06K
YoY Change 196.27% 127.65%
Total Long-Term Assets $42.99M $33.73M
YoY Change 27.46% 7.07%
TOTAL ASSETS
Total Short-Term Assets $15.63M $14.17M
Total Long-Term Assets $42.99M $33.73M
Total Assets $58.62M $47.90M
YoY Change 22.37% 18.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $438.2K $668.8K
YoY Change -34.47% -63.45%
Accrued Expenses $1.660M $270.0K
YoY Change 514.81% -88.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.780M $2.015M
YoY Change 37.94% -56.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.060M $940.0K
YoY Change 12.77% -12.15%
Total Long-Term Liabilities $1.060M $940.0K
YoY Change 12.77% -12.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.780M $2.015M
Total Long-Term Liabilities $1.060M $940.0K
Total Liabilities $10.65M $6.947M
YoY Change 53.3% -18.46%
SHAREHOLDERS EQUITY
Retained Earnings $14.57M
YoY Change
Common Stock $27.26M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $882.0K $882.0K
YoY Change 0.0%
Treasury Stock Shares 788.2K shares 788.2K shares
Shareholders Equity $47.97M $40.95M
YoY Change
Total Liabilities & Shareholders Equity $58.62M $47.90M
YoY Change 22.37% 18.36%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $1.160M $1.144M
YoY Change 1.4% -335.61%
Depreciation, Depletion And Amortization $296.9K $236.9K
YoY Change 25.34% 91.01%
Cash From Operating Activities $1.620M $1.930M
YoY Change -16.06% 1106.25%
INVESTING ACTIVITIES
Capital Expenditures -$740.0K -$170.0K
YoY Change 335.29% -65.31%
Acquisitions
YoY Change
Other Investing Activities $14.68K $13.77K
YoY Change 6.63% 110.82%
Cash From Investing Activities -$2.730M -$490.0K
YoY Change 457.14% -372.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -180.0K 5.930M
YoY Change -103.04% 29550.0%
NET CHANGE
Cash From Operating Activities 1.620M 1.930M
Cash From Investing Activities -2.730M -490.0K
Cash From Financing Activities -180.0K 5.930M
Net Change In Cash -1.290M 7.370M
YoY Change -117.5% 1947.22%
FREE CASH FLOW
Cash From Operating Activities $1.620M $1.930M
Capital Expenditures -$740.0K -$170.0K
Free Cash Flow $2.360M $2.100M
YoY Change 12.38% 223.08%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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PaymentsOfDebtIssuanceCosts
16211 USD
CY2012Q3 epm Income Taxes Receivable Current
IncomeTaxesReceivableCurrent
92885 USD
CY2012Q3 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
325235 USD
CY2012Q3 us-gaap Advances To Affiliate
AdvancesToAffiliate
325995 USD
CY2012Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10812 USD
CY2012Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
29770534 USD
CY2012Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
29416914 USD
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28670424 shares

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0001104659-12-076718.txt Edgar Link pending
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