2014 Q3 Form 10-Q Financial Statement

#000119312514307734 Filed on August 13, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q4
Revenue $4.663M $4.632M
YoY Change 2.39% -1.05%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $180.0K $180.0K $180.0K
YoY Change 5.88% 0.0% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit $2.214M $1.781M
YoY Change 25.01% -1.22%
Interest Expense $297.0K $347.0K
YoY Change -32.5% -35.38%
% of Operating Profit 13.41% 19.48%
Other Income/Expense, Net
YoY Change
Pretax Income $2.140M $2.210M $1.780M
YoY Change 2.88% 24.86% -1.11%
Income Tax $610.0K $692.0K $534.0K
% Of Pretax Income 28.5% 31.31% 30.0%
Net Earnings $1.520M $1.518M $1.244M
YoY Change 6.59% 25.45% -0.4%
Net Earnings / Revenue 32.55% 26.86%
Basic Earnings Per Share $0.55 $0.45
Diluted Earnings Per Share $554.7K $0.55 $0.45
COMMON SHARES
Basic Shares Outstanding 2.741M shares 2.784M shares 2.784M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $10.30M $10.47M $10.35M
YoY Change -1.55% -1.12% -3.81%
Goodwill $5.386M $5.386M
YoY Change 0.0% 0.0%
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 $460.3M $459.5M $444.4M
YoY Change 2.81% -0.23% -3.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.0K $200.0K $200.0K
YoY Change 0.0% 0.0% -33.33%
Accrued Expenses $2.800M $1.800M $2.200M
YoY Change 33.33% 0.0% -8.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $10.60M $9.300M
YoY Change -100.0% -7.02% -34.04%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.000M $2.000M $2.400M
YoY Change 30.43% 0.0% -11.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.000M $2.000M $2.400M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $404.1M $404.3M $391.0M
YoY Change 2.35% -0.93% -3.73%
SHAREHOLDERS EQUITY
Retained Earnings $38.60M $36.95M
YoY Change 9.07% 8.35%
Common Stock $32.00K $32.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.189M $7.345M
YoY Change 11.78% 0.26%
Treasury Stock Shares 420.9K shares 380.3K shares
Shareholders Equity $56.20M $55.14M $53.23M
YoY Change
Total Liabilities & Shareholders Equity $460.3M $459.5M $444.4M
YoY Change 2.81% -0.23% -3.21%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q4
OPERATING ACTIVITIES
Net Income $1.520M $1.518M $1.244M
YoY Change 6.59% 25.45% -0.4%
Depreciation, Depletion And Amortization $180.0K $180.0K $180.0K
YoY Change 5.88% 0.0% 0.0%
Cash From Operating Activities $5.000M -$2.120M $580.0K
YoY Change 81.82% -135.57% -20.55%
INVESTING ACTIVITIES
Capital Expenditures -$40.00K -$250.0K -$60.00K
YoY Change -20.0% 257.14% -82.35%
Acquisitions
YoY Change
Other Investing Activities $1.740M -$10.11M -$430.0K
YoY Change -132.1% 59.21% -57.0%
Cash From Investing Activities $1.690M -$10.36M -$480.0K
YoY Change -130.9% 61.37% -64.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.960M 9.010M -4.370M
YoY Change -86.18% 53.23% 1518.52%
NET CHANGE
Cash From Operating Activities 5.000M -2.120M 580.0K
Cash From Investing Activities 1.690M -10.36M -480.0K
Cash From Financing Activities -1.960M 9.010M -4.370M
Net Change In Cash 4.730M -3.470M -4.270M
YoY Change -127.99% -164.02% 385.23%
FREE CASH FLOW
Cash From Operating Activities $5.000M -$2.120M $580.0K
Capital Expenditures -$40.00K -$250.0K -$60.00K
Free Cash Flow $5.040M -$1.870M $640.0K
YoY Change 80.0% -131.01% -40.19%

Facts In Submission

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dei Document Type
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dei Document Period End Date
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