2022 Q1 Form 10-Q Financial Statement
#000114036122018789 Filed on May 12, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $15.31M | $14.79M |
| YoY Change | 3.5% | 10.05% |
| 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 | $212.0K | $210.0K |
| YoY Change | 0.95% | 16.67% |
| % of Gross Profit | ||
| Operating Expenses | ||
| YoY Change | ||
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $1.218M | $1.218M |
| YoY Change | 0.0% | -46.95% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $8.515M | $6.130M |
| YoY Change | 38.91% | 32.86% |
| Income Tax | $1.327M | $872.0K |
| % Of Pretax Income | 15.58% | 14.23% |
| Net Earnings | $7.188M | $5.258M |
| YoY Change | 36.71% | 29.8% |
| Net Earnings / Revenue | 46.97% | 35.56% |
| Basic Earnings Per Share | $0.84 | $0.62 |
| Diluted Earnings Per Share | $0.84 | $0.62 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 8.513M | 8.513M |
| Diluted Shares Outstanding | 8.513M | 8.513M |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $150.6M | $145.8M |
| 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 | $16.33M | $13.98M |
| YoY Change | 16.87% | 4.56% |
| Goodwill | ||
| 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 | $2.522B | $2.143B |
| YoY Change | 17.68% | 35.24% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $23.62M | $22.10M |
| YoY Change | 6.9% | 24.16% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $2.000M |
| YoY Change | -100.0% | -50.0% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $23.62M | $22.10M |
| YoY Change | 6.9% | 24.16% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $49.26M | $19.60M |
| YoY Change | 151.34% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $49.26M | $19.60M |
| YoY Change | 151.34% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $23.62M | $22.10M |
| Total Long-Term Liabilities | $49.26M | $19.60M |
| Total Liabilities | $2.365B | $2.004B |
| YoY Change | 18.02% | 37.2% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $132.6M | |
| YoY Change | 16.35% | |
| Common Stock | $861.0K | |
| YoY Change | 0.0% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $908.0K | |
| YoY Change | 0.0% | |
| Treasury Stock Shares | $97.93K | |
| Shareholders Equity | $156.9M | $139.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.522B | $2.143B |
| YoY Change | 17.68% | 35.24% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $7.188M | $5.258M |
| YoY Change | 36.71% | 29.8% |
| Depreciation, Depletion And Amortization | $212.0K | $210.0K |
| YoY Change | 0.95% | 16.67% |
| Cash From Operating Activities | $7.787M | $4.520M |
| YoY Change | 72.28% | -31.1% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$498.0K | -$130.0K |
| YoY Change | 283.08% | -51.85% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$98.22M | -$190.8M |
| YoY Change | -48.52% | 93.76% |
| Cash From Investing Activities | -$98.70M | -$190.9M |
| YoY Change | -48.3% | 93.38% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 178.0M | 275.2M |
| YoY Change | -35.31% | 103.17% |
| NET CHANGE | ||
| Cash From Operating Activities | 7.787M | 4.520M |
| Cash From Investing Activities | -98.70M | -190.9M |
| Cash From Financing Activities | 178.0M | 275.2M |
| Net Change In Cash | 87.09M | 88.77M |
| YoY Change | -1.89% | 105.15% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $7.787M | $4.520M |
| Capital Expenditures | -$498.0K | -$130.0K |
| Free Cash Flow | $8.285M | $4.650M |
| YoY Change | 78.17% | -31.92% |
Facts In Submission
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