2024 Q2 Form 10-Q Financial Statement

#000162828024020650 Filed on May 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q4
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 $7.919M $6.998M
YoY Change 28.56% 24.96%
Operating Profit
YoY Change
Interest Expense $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $17.20M $9.573M
YoY Change 1472.58% 572.73%
Pretax Income $9.285M $2.575M
YoY Change -358.42% 206.55%
Income Tax $129.0K $43.00K
% Of Pretax Income 1.39% 1.67%
Net Earnings $9.156M $2.532M
YoY Change -354.83% 203.23%
Net Earnings / Revenue
Basic Earnings Per Share $0.13 $0.04
Diluted Earnings Per Share $0.13 $0.04
COMMON SHARES
Basic Shares Outstanding 69.18M shares 69.18M shares 69.16M shares
Diluted Shares Outstanding 71.10M shares 70.42M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $82.48M $70.59M $55.48M
Short-Term Investments
Other Short-Term Assets $1.593M $2.486M $22.64M
YoY Change -89.84% -84.81% 34.21%
Inventory
Prepaid Expenses $924.0K $1.379M $1.914M
Receivables
Other Receivables
Total Short-Term Assets $84.22M $73.54M $78.69M
YoY Change 212.18% 145.64% 120.73%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $305.2M $308.2M $321.9M
YoY Change -13.85% -12.64% -7.44%
Other Assets $382.0K $415.0K $38.00K
YoY Change 768.18% 730.0% -36.67%
Total Long-Term Assets $305.8M $308.9M $322.2M
YoY Change -13.69% -12.48% -7.37%
TOTAL ASSETS
Total Short-Term Assets $84.22M $73.54M $78.69M
Total Long-Term Assets $305.8M $308.9M $322.2M
Total Assets $390.0M $382.4M $400.9M
YoY Change 2.29% -0.11% 4.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $233.0K $375.0K $2.713M
YoY Change -51.86% -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 -$174.2M -$183.4M -$185.9M
YoY Change -13.55% -7.36% -6.47%
Common Stock $117.0K $117.0K $117.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $380.9M $371.8M $367.5M
YoY Change
Total Liabilities & Shareholders Equity $390.0M $382.4M $400.9M
YoY Change 2.29% -0.11% 4.54%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $9.156M $2.532M
YoY Change -354.83% 203.23%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $15.14M
YoY Change -468.9%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
YoY Change
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
YoY Change
NET CHANGE
Cash From Operating Activities $15.14M
Cash From Investing Activities $0.00
Cash From Financing Activities -$34.00K
Net Change In Cash $15.10M
YoY Change -468.07%
FREE CASH FLOW
Cash From Operating Activities $15.14M
Capital Expenditures
Free Cash Flow
YoY Change

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