2021 Q2 Form 10-K Financial Statement

#000156189422000008 Filed on February 22, 2022

View on sec.gov

Income Statement

Concept 2021 Q2 2021 2020 Q4
Revenue $58.89M $213.2M $48.89M
YoY Change 21.19% 14.05% 27.55%
Cost Of Revenue $68.05M $121.7M $26.30M
YoY Change 214.15% 32.0% 51.32%
Gross Profit $42.54M $91.46M $22.59M
YoY Change 57.98% -3.42% 7.83%
Gross Profit Margin 72.24% 42.91% 46.21%
Selling, General & Admin $37.48M $72.88M $14.21M
YoY Change 184.6% 38.56% 24.98%
% of Gross Profit 88.1% 79.69% 62.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $949.0K $3.801M $890.0K
YoY Change 6.63% 6.17% -1.11%
% of Gross Profit 2.23% 4.16% 3.94%
Operating Expenses $38.89M $73.38M $18.68M
YoY Change 147.88% 17.03% 64.29%
Operating Profit $3.650M $18.08M $3.910M
YoY Change -67.53% -43.49% -59.19%
Interest Expense $40.46M $121.7M $15.46M
YoY Change 86.78% 32.03% -66.44%
% of Operating Profit 1108.58% 673.04% 395.4%
Other Income/Expense, Net
YoY Change
Pretax Income $22.39M $144.5M $19.37M
YoY Change 110.21% 80.68% -65.18%
Income Tax $6.000M $17.00M -$5.640M
% Of Pretax Income 26.8% 11.76% -29.11%
Net Earnings $16.00M $126.6M $24.93M
YoY Change 33.33% 53.64% -45.9%
Net Earnings / Revenue 27.17% 59.39% 50.98%
Basic Earnings Per Share $0.20 $1.57 $0.33
Diluted Earnings Per Share $0.20 $1.51 $0.32
COMMON SHARES
Basic Shares Outstanding 78.37M shares 79.99M shares 75.38M shares
Diluted Shares Outstanding 81.94M shares 87.67M shares

Balance Sheet

Concept 2021 Q2 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $583.2M $226.2M $286.3M
YoY Change 7.64% -20.99% 4517.74%
Cash & Equivalents $583.0M $226.2M $286.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.000M
Other Receivables
Total Short-Term Assets $723.2M $373.8M $534.8M
YoY Change -9.33% -30.1% 98.52%
LONG-TERM ASSETS
Property, Plant & Equipment $357.6M $356.1M $359.2M
YoY Change -0.85% -0.87% -0.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.489B $1.988B $1.280B
YoY Change 167.81% 32.57% 156.63%
Other Assets $26.00K $25.00M $0.00
YoY Change -100.0%
Total Long-Term Assets $3.212B $3.774B $2.924B
YoY Change 57.52% 29.07% 38.08%
TOTAL ASSETS
Total Short-Term Assets $723.2M $373.8M $534.8M
Total Long-Term Assets $3.212B $3.774B $2.924B
Total Assets $3.936B $4.148B $3.459B
YoY Change 38.72% 19.92% 44.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $75.81M $88.87M $59.90M
YoY Change 45.51% 48.36% 11.96%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $75.81M $88.87M $59.90M
YoY Change 45.51% 48.36% 11.96%
LONG-TERM LIABILITIES
Long-Term Debt $2.537B $2.493B $2.189B
YoY Change 47.78% 13.88% 57.14%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.537B $2.493B $2.189B
YoY Change 47.78% 13.88% 57.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.81M $88.87M $59.90M
Total Long-Term Liabilities $2.537B $2.493B $2.189B
Total Liabilities $2.613B $2.604B $2.249B
YoY Change 47.71% 15.42% 55.38%
SHAREHOLDERS EQUITY
Retained Earnings -$193.5M -$204.1M
YoY Change -2.61% 20.22%
Common Stock $1.488B $1.395B
YoY Change 18.87% 26.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.306B $1.545B $1.203B
YoY Change
Total Liabilities & Shareholders Equity $3.936B $4.148B $3.459B
YoY Change 38.72% 19.92% 44.9%

Cashflow Statement

Concept 2021 Q2 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $16.00M $126.6M $24.93M
YoY Change 33.33% 53.64% -45.9%
Depreciation, Depletion And Amortization $949.0K $3.801M $890.0K
YoY Change 6.63% 6.17% -1.11%
Cash From Operating Activities $15.99M $13.31M $21.42M
YoY Change -42.76% -81.84% -1120.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$103.7M -$4.924M -$693.4M
YoY Change -274.44% 25.26% 243.83%
Cash From Investing Activities -$103.6M -$703.4M -$693.4M
YoY Change -274.36% -15.42% 243.83%
FINANCING ACTIVITIES
Cash Dividend Paid $113.5M
YoY Change 13.66%
Common Stock Issuance & Retirement, Net $0.00 $200.6M
YoY Change -32.69%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 444.0M $630.8M 76.79M
YoY Change 57.23% -34.43% -5.63%
NET CHANGE
Cash From Operating Activities 15.99M $13.31M 21.42M
Cash From Investing Activities -103.6M -$703.4M -693.4M
Cash From Financing Activities 444.0M $630.8M 76.79M
Net Change In Cash 356.4M -$59.26M -595.2M
YoY Change -3.62% -129.08% 386.26%
FREE CASH FLOW
Cash From Operating Activities $15.99M $13.31M $21.42M
Capital Expenditures $0.00
Free Cash Flow $21.42M
YoY Change -1120.0%

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ProceedsFromSaleOfInvestmentsAndSecuritizationOfAssets
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130513000 USD
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116829000 USD
CY2021 hasi Threshold Period Past Due For Delinquent Or Nonaccural Of Financing Receivable
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100000 USD
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