2024 Q3 Form 10-Q Financial Statement
#000165495424010593 Filed on August 14, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $16.29M | $15.72M |
| YoY Change | 11.45% | 15.38% |
| 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 | $380.0K | $410.0K |
| YoY Change | 26.25% | 3.54% |
| % of Gross Profit | ||
| Operating Expenses | ||
| YoY Change | ||
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $7.521M | |
| YoY Change | 28.45% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $682.0K | $3.487M |
| YoY Change | -29.98% | -1935.26% |
| Income Tax | -$110.0K | $471.0K |
| % Of Pretax Income | -16.13% | 13.51% |
| Net Earnings | $792.0K | $3.016M |
| YoY Change | -22.2% | 1151.45% |
| Net Earnings / Revenue | 4.86% | 19.19% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $0.23 | $0.86 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.519M shares | 3.516M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $436.5M | $402.7M |
| YoY Change | ||
| Cash & Equivalents | $60.32M | $50.46M |
| Short-Term Investments | $376.2M | $352.2M |
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $5.066M | $5.123M |
| Other Receivables | ||
| Total Short-Term Assets | ||
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $23.06M | $23.37M |
| YoY Change | -3.62% | -3.18% |
| Goodwill | $3.082M | $3.082M |
| 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 | $1.345B | $1.310B |
| YoY Change | 4.85% | 2.45% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $624.0K | $659.0K |
| YoY Change | -19.28% | -18.74% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $15.00M | $20.00M |
| YoY Change | -75.0% | -57.45% |
| Long-Term Debt Due | $6.965M | $6.954M |
| YoY Change | 0.62% | 0.62% |
| Total Short-Term Liabilities | $624.0K | $659.0K |
| YoY Change | -19.28% | -18.74% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $6.965M | $6.954M |
| YoY Change | 0.62% | 0.62% |
| Other Long-Term Liabilities | $13.72M | $15.16M |
| YoY Change | -0.51% | 0.04% |
| Total Long-Term Liabilities | $20.69M | $22.11M |
| YoY Change | -0.13% | 45.93% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $624.0K | $659.0K |
| Total Long-Term Liabilities | $20.69M | $22.11M |
| Total Liabilities | $1.255B | $1.228B |
| YoY Change | 3.23% | 1.81% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $83.32M | $83.45M |
| YoY Change | 2.26% | 2.55% |
| Common Stock | $17.36M | $17.33M |
| YoY Change | 0.64% | -38.21% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $89.99M | $81.62M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.345B | $1.310B |
| YoY Change | 4.85% | 2.45% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $792.0K | $3.016M |
| YoY Change | -22.2% | 1151.45% |
| Depreciation, Depletion And Amortization | $380.0K | $410.0K |
| YoY Change | 26.25% | 3.54% |
| Cash From Operating Activities | $1.151M | -$385.0K |
| YoY Change | -82.21% | -108.82% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $66.00K | $83.00K |
| YoY Change | -38.89% | -98.19% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$18.44M | $10.39M |
| YoY Change | -37.85% | -159.02% |
| Cash From Investing Activities | -$18.51M | $10.31M |
| YoY Change | -37.85% | -146.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 27.22M | -11.95M |
| YoY Change | 203.52% | -151.83% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.151M | -385.0K |
| Cash From Investing Activities | -18.51M | 10.31M |
| Cash From Financing Activities | 27.22M | -11.95M |
| Net Change In Cash | 9.861M | -2.027M |
| YoY Change | -168.73% | -138.74% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.151M | -$385.0K |
| Capital Expenditures | $66.00K | $83.00K |
| Free Cash Flow | $1.085M | -$468.0K |
| YoY Change | -82.95% | 114.68% |
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826340000 | usd |
| CY2023Q4 | us-gaap |
Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
|
672000 | usd |
| CY2023Q4 | fmbm |
Long Term Investments Total
LongTermInvestmentsTotal
|
822092000 | usd |
| CY2024Q2 | fmbm |
Allowance For Credit Losses Unfunded Commitments
AllowanceForCreditLossesUnfundedCommitments
|
575000 | usd |
| CY2024Q2 | fmbm |
Other Real Estate Owned
OtherRealEstateOwned
|
0 | usd |
| CY2024Q2 | fmbm |
Forward Sales Commitments
ForwardSalesCommitments
|
2000 | usd |
| CY2023Q4 | fmbm |
Forward Sales Commitments
ForwardSalesCommitments
|
22000 | usd |
