2013 Q3 Form 10-Q Financial Statement

#000119312513417753 Filed on October 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $7.844M $8.278M
YoY Change -5.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.382M $1.240M
YoY Change 11.45%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $480.0K $570.0K
YoY Change -15.79% 35.71%
% of Gross Profit
Operating Expenses $1.382M $1.240M
YoY Change 11.45%
Operating Profit
YoY Change
Interest Expense $1.129M $1.532M
YoY Change -26.31%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.857M $3.388M
YoY Change -15.67% 21.0%
Income Tax $791.0K $947.0K
% Of Pretax Income 27.69% 27.95%
Net Earnings $2.066M $2.441M
YoY Change -15.36% 17.36%
Net Earnings / Revenue 26.34% 29.49%
Basic Earnings Per Share $0.45 $0.52
Diluted Earnings Per Share $220.9K $260.4K
COMMON SHARES
Basic Shares Outstanding 4.683M shares 4.686B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $21.54M $29.63M
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 $18.45M $16.70M
YoY Change 10.49% -1.76%
Goodwill $4.074M
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 $928.2M $921.0M
YoY Change 0.78% 1.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.500M $8.700M
YoY Change -36.78% 1.16%
Deferred Revenue
YoY Change
Short-Term Debt $61.30M $54.80M
YoY Change 11.86% 3.01%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.400M $9.600M
YoY Change -33.33% 1.05%
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 $6.400M $9.600M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $820.4M $811.0M
YoY Change 1.16% 0.87%
SHAREHOLDERS EQUITY
Retained Earnings $106.6M
YoY Change
Common Stock $12.68M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.11M
YoY Change
Treasury Stock Shares 539.1K shares
Shareholders Equity $107.8M $110.0M
YoY Change
Total Liabilities & Shareholders Equity $928.2M $921.0M
YoY Change 0.78% 1.47%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $2.066M $2.441M
YoY Change -15.36% 17.36%
Depreciation, Depletion And Amortization $480.0K $570.0K
YoY Change -15.79% 35.71%
Cash From Operating Activities $2.360M -$440.0K
YoY Change -636.36% -110.71%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$120.0K
YoY Change 316.67% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$5.750M $9.450M
YoY Change -160.85% -42.69%
Cash From Investing Activities -$6.250M $9.340M
YoY Change -166.92% -42.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.960M -20.96M
YoY Change -114.12% 345.96%
NET CHANGE
Cash From Operating Activities 2.360M -440.0K
Cash From Investing Activities -6.250M 9.340M
Cash From Financing Activities 2.960M -20.96M
Net Change In Cash -930.0K -12.06M
YoY Change -92.29% -176.43%
FREE CASH FLOW
Cash From Operating Activities $2.360M -$440.0K
Capital Expenditures -$500.0K -$120.0K
Free Cash Flow $2.860M -$320.0K
YoY Change -993.75% -107.57%

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