2021 Q3 Form 10-Q Financial Statement
#000149315221025437 Filed on October 14, 2021
Income Statement
| Concept | 2021 Q3 |
|---|---|
| Revenue | $14.77M |
| YoY Change | -15.9% |
| Cost Of Revenue | $13.31M |
| YoY Change | -8.88% |
| Gross Profit | $1.462M |
| YoY Change | -50.58% |
| Gross Profit Margin | 9.9% |
| Selling, General & Admin | $1.219M |
| YoY Change | 6.87% |
| % of Gross Profit | 83.35% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.374M |
| YoY Change | -7.84% |
| % of Gross Profit | 94.0% |
| Operating Expenses | $1.219M |
| YoY Change | 6.87% |
| Operating Profit | $243.5K |
| YoY Change | -86.61% |
| Interest Expense | -$223.4K |
| YoY Change | -38.24% |
| % of Operating Profit | -91.73% |
| Other Income/Expense, Net | $26.83K |
| YoY Change | 312.14% |
| Pretax Income | $3.115M |
| YoY Change | 112.93% |
| Income Tax | -$7.000K |
| % Of Pretax Income | -0.22% |
| Net Earnings | $3.053M |
| YoY Change | 224.04% |
| Net Earnings / Revenue | 20.66% |
| Basic Earnings Per Share | $0.10 |
| Diluted Earnings Per Share | $94.77K |
| COMMON SHARES | |
| Basic Shares Outstanding | 28.39M shares |
| Diluted Shares Outstanding | 32.21M shares |
Balance Sheet
| Concept | 2021 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.888M |
| YoY Change | 251.78% |
| Cash & Equivalents | $2.888M |
| Short-Term Investments | |
| Other Short-Term Assets | $65.19K |
| YoY Change | -4.6% |
| Inventory | $3.119M |
| Prepaid Expenses | |
| Receivables | $5.285M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $11.36M |
| YoY Change | 33.94% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $30.74M |
| YoY Change | -7.65% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $30.74M |
| YoY Change | -7.65% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $11.36M |
| Total Long-Term Assets | $30.74M |
| Total Assets | $42.10M |
| YoY Change | 0.79% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.452M |
| YoY Change | 11.41% |
| Accrued Expenses | $45.68K |
| YoY Change | -38.36% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $4.780M |
| YoY Change | -30.27% |
| Total Short-Term Liabilities | $14.67M |
| YoY Change | 18.83% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $10.75M |
| YoY Change | -42.64% |
| Other Long-Term Liabilities | $45.21K |
| YoY Change | -49.37% |
| Total Long-Term Liabilities | $10.80M |
| YoY Change | -42.67% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $14.67M |
| Total Long-Term Liabilities | $10.80M |
| Total Liabilities | $29.09M |
| YoY Change | -14.25% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $13.01M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $42.10M |
| YoY Change | 0.79% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q3 | us-gaap |
Purchase Obligation
PurchaseObligation
|
499349 | USD |
| CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
USD | |
| CY2020Q3 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
USD | |
| CY2020Q3 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
USD | |
| CY2021Q3 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
USD | |
| CY2020Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
USD | |
| CY2020Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
USD | |
| CY2021Q3 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
USD | |
| CY2020Q3 | GLGI |
Capital Expenditures In Accounts Payable
CapitalExpendituresInAccountsPayable
|
USD | |
| CY2020Q3 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
|
USD | |
| CY2021Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
USD | |
| CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD |
