2024 Q1 Form 10-K Financial Statement

#000162828024005761 Filed on February 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue
YoY Change
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
YoY Change
% of Gross Profit
Operating Expenses $6.998M $25.79M
YoY Change 24.96% 0.13%
Operating Profit
YoY Change
Interest Expense $0.00 $679.0K
YoY Change -100.0% -98.48%
% of Operating Profit
Other Income/Expense, Net $9.573M $38.77M
YoY Change 572.73% 682.38%
Pretax Income $2.575M $12.97M
YoY Change 206.55% -19.39%
Income Tax $43.00K $114.0K
% Of Pretax Income 1.67% 0.88%
Net Earnings $2.532M $12.86M
YoY Change 203.23% -11.49%
Net Earnings / Revenue
Basic Earnings Per Share $0.04 $0.19
Diluted Earnings Per Share $0.04 $0.18
COMMON SHARES
Basic Shares Outstanding 69.18M shares 69.16M shares 69.16M shares
Diluted Shares Outstanding 70.42M shares 69.54M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $70.59M $55.48M
Short-Term Investments
Other Short-Term Assets $2.486M $22.64M
YoY Change -84.81% 34.21%
Inventory
Prepaid Expenses $1.379M $1.914M
Receivables
Other Receivables
Total Short-Term Assets $73.54M $78.69M
YoY Change 145.64% 120.73%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $308.2M $321.9M
YoY Change -12.64% -7.44%
Other Assets $415.0K $38.00K
YoY Change 730.0% -36.67%
Total Long-Term Assets $308.9M $322.2M
YoY Change -12.48% -7.37%
TOTAL ASSETS
Total Short-Term Assets $73.54M $78.69M
Total Long-Term Assets $308.9M $322.2M
Total Assets $382.4M $400.9M
YoY Change -0.11% 4.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $375.0K $2.713M
YoY Change -17.58% 362.97%
Accrued Expenses $3.031M
YoY Change 9.78%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$183.4M -$185.9M
YoY Change -7.36% -6.47%
Common Stock $117.0K $117.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $371.8M $367.5M
YoY Change
Total Liabilities & Shareholders Equity $382.4M $400.9M
YoY Change -0.11% 4.54%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $2.532M $12.86M
YoY Change 203.23% -11.49%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $15.14M -$12.02M
YoY Change -468.9% -182.59%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $59.50M
YoY Change -99266.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$34.00K -$9.000M
YoY Change 119.19%
NET CHANGE
Cash From Operating Activities $15.14M -$12.02M
Cash From Investing Activities $0.00 $59.50M
Cash From Financing Activities -$34.00K -$9.000M
Net Change In Cash $15.10M $38.48M
YoY Change -468.07% 270.43%
FREE CASH FLOW
Cash From Operating Activities $15.14M -$12.02M
Capital Expenditures $0.00
Free Cash Flow -$12.02M
YoY Change -182.93%

Facts In Submission

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