2024 Q4 Form 10-Q Financial Statement

#000155837024015709 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.873M
YoY Change -25.23%
% of Gross Profit
Research & Development $2.622M
YoY Change 10.74%
% of Gross Profit
Depreciation & Amortization $21.64K
YoY Change 8.25%
% of Gross Profit
Operating Expenses $4.459M
YoY Change -8.72%
Operating Profit -$4.459M
YoY Change -8.72%
Interest Expense -$15.73K
YoY Change -108.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$4.475M
YoY Change -4.73%
Income Tax $10.99K
% Of Pretax Income
Net Earnings -$4.486M
YoY Change -4.93%
Net Earnings / Revenue
Basic Earnings Per Share -$0.17
Diluted Earnings Per Share -$0.17
COMMON SHARES
Basic Shares Outstanding 26.53M 25.54M
Diluted Shares Outstanding 26.53M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.05M
YoY Change -1.5%
Cash & Equivalents $12.05M
Short-Term Investments
Other Short-Term Assets $1.318M
YoY Change 45.35%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $13.74M
YoY Change 3.77%
LONG-TERM ASSETS
Property, Plant & Equipment $119.6K
YoY Change -6.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.88K
YoY Change 37.9%
Total Long-Term Assets $624.3K
YoY Change -27.06%
TOTAL ASSETS
Total Short-Term Assets $13.74M
Total Long-Term Assets $624.3K
Total Assets $14.37M
YoY Change 1.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M
YoY Change -21.43%
Accrued Expenses $673.8K
YoY Change -49.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $118.3K
YoY Change 8.23%
Total Short-Term Liabilities $4.595M
YoY Change -20.28%
LONG-TERM LIABILITIES
Long-Term Debt $376.1K
YoY Change -13.52%
Other Long-Term Liabilities $485.4K
YoY Change -14.6%
Total Long-Term Liabilities $861.5K
YoY Change -14.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.595M
Total Long-Term Liabilities $861.5K
Total Liabilities $5.456M
YoY Change -19.37%
SHAREHOLDERS EQUITY
Retained Earnings -$60.78M
YoY Change
Common Stock $2.596K
YoY Change 103.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.909M
YoY Change
Total Liabilities & Shareholders Equity $14.37M
YoY Change 1.9%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$4.486M
YoY Change -4.93%
Depreciation, Depletion And Amortization $21.64K
YoY Change 8.25%
Cash From Operating Activities -$6.076M
YoY Change 53.23%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$10.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 808.7K
YoY Change 518.49%
NET CHANGE
Cash From Operating Activities -6.076M
Cash From Investing Activities -10.00
Cash From Financing Activities 808.7K
Net Change In Cash -5.268M
YoY Change 176.67%
FREE CASH FLOW
Cash From Operating Activities -$6.076M
Capital Expenditures $0.00
Free Cash Flow -$6.076M
YoY Change 53.02%

Facts In Submission

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