2019 Form 10-K Financial Statement
#000155837020002895 Filed on March 18, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $26.69M |
| YoY Change | -10.07% |
| Cost Of Revenue | $7.910M |
| YoY Change | -0.5% |
| Gross Profit | $18.78M |
| YoY Change | -13.62% |
| Gross Profit Margin | 70.36% |
| Selling, General & Admin | $4.500M |
| YoY Change | -8.91% |
| % of Gross Profit | 23.96% |
| Research & Development | $80.00K |
| YoY Change | |
| % of Gross Profit | 0.43% |
| Depreciation & Amortization | $7.390M |
| YoY Change | 2.92% |
| % of Gross Profit | 39.35% |
| Operating Expenses | $11.98M |
| YoY Change | -1.07% |
| Operating Profit | $6.800M |
| YoY Change | -29.39% |
| Interest Expense | $4.290M |
| YoY Change | -307.25% |
| % of Operating Profit | 63.09% |
| Other Income/Expense, Net | $0.00 |
| YoY Change | -100.0% |
| Pretax Income | $12.48M |
| YoY Change | 68.65% |
| Income Tax | $3.780M |
| % Of Pretax Income | 30.29% |
| Net Earnings | $8.700M |
| YoY Change | 30.63% |
| Net Earnings / Revenue | 32.6% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $320.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 27.13M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $14.10M |
| YoY Change | -2.08% |
| Cash & Equivalents | $14.10M |
| Short-Term Investments | |
| Other Short-Term Assets | $4.000M |
| YoY Change | 900.0% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $4.300M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $22.40M |
| YoY Change | 12.56% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $74.70M |
| YoY Change | 10.83% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $600.0K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $75.30M |
| YoY Change | 10.74% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $22.40M |
| Total Long-Term Assets | $75.30M |
| Total Assets | $97.70M |
| YoY Change | 11.15% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $2.800M |
| YoY Change | 7.69% |
| Accrued Expenses | $1.900M |
| YoY Change | -13.64% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $7.500M |
| YoY Change | 19.05% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $1.400M |
| YoY Change | -12.5% |
| Total Long-Term Liabilities | $1.400M |
| YoY Change | -12.5% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $7.500M |
| Total Long-Term Liabilities | $1.400M |
| Total Liabilities | $21.30M |
| YoY Change | 18.33% |
| 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 | $76.40M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $97.70M |
| YoY Change | 11.15% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $8.700M |
| YoY Change | 30.63% |
| Depreciation, Depletion And Amortization | $7.390M |
| YoY Change | 2.92% |
| Cash From Operating Activities | $12.99M |
| YoY Change | 25.99% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$11.92M |
| YoY Change | 436.94% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $1.370M |
| YoY Change | |
| Cash From Investing Activities | -$10.54M |
| YoY Change | 374.77% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -2.800M |
| YoY Change | -21.35% |
| NET CHANGE | |
| Cash From Operating Activities | 12.99M |
| Cash From Investing Activities | -10.54M |
| Cash From Financing Activities | -2.800M |
| Net Change In Cash | -350.0K |
| YoY Change | -107.73% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $12.99M |
| Capital Expenditures | -$11.92M |
| Free Cash Flow | $24.91M |
| YoY Change | 98.8% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27129430 |
