$HKHC

2018 Q4 Form 10-Q Financial Statement

#000156459018029153 Filed on November 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $9.137M $9.686M $11.53M
YoY Change -20.75% -6.32% 5.3%
Cost Of Revenue $6.203M $4.808M $6.170M
YoY Change 0.53% -11.29% -6.23%
Gross Profit $2.934M $4.878M $5.360M
YoY Change -45.26% -0.85% 22.65%
Gross Profit Margin 32.11% 50.36% 46.49%
Selling, General & Admin $2.954M $3.142M $3.160M
YoY Change -6.52% 18.75% 7.85%
% of Gross Profit 100.68% 64.41% 58.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $192.0K $196.0K $210.0K
YoY Change -8.57% -2.0% 5.0%
% of Gross Profit 6.54% 4.02% 3.92%
Operating Expenses $2.954M $3.142M $3.170M
YoY Change -6.81% 14.01% 7.82%
Operating Profit -$20.00K $1.736M $2.190M
YoY Change -100.91% -19.78% 53.15%
Interest Expense $12.00K -$5.000K -$30.00K
YoY Change -140.0% -83.33% -40.0%
% of Operating Profit -0.29% -1.37%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$8.000K $1.407M $2.160M
YoY Change -100.37% -34.2% 55.4%
Income Tax -$24.00K $340.0K $730.0K
% Of Pretax Income 24.16% 33.8%
Net Earnings $72.00K $1.067M $1.230M
YoY Change -94.15% -27.41% 46.43%
Net Earnings / Revenue 0.79% 11.02% 10.67%
Basic Earnings Per Share $0.09
Diluted Earnings Per Share $5.723K $0.09 $99.03K
COMMON SHARES
Basic Shares Outstanding 12.41M 12.16M
Diluted Shares Outstanding 12.54M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.232M $5.646M $4.110M
YoY Change 51.63% 136.23% 95.71%
Cash & Equivalents $6.232M $5.646M $4.114M
Short-Term Investments
Other Short-Term Assets $71.00K $312.0K $290.0K
YoY Change -75.52% -22.0% -9.38%
Inventory $7.817M $8.387M $8.787M
Prepaid Expenses $546.0K $285.0K
Receivables $3.047M $3.346M $3.104M
Other Receivables $508.0K $177.0K $0.00
Total Short-Term Assets $18.22M $17.87M $16.29M
YoY Change 11.85% 15.88% 41.39%
LONG-TERM ASSETS
Property, Plant & Equipment $971.0K $988.0K $909.0K
YoY Change 6.82% 20.49% 57.16%
Goodwill $1.521M $1.521M
YoY Change 0.0% 0.03%
Intangibles $5.528M $6.148M
YoY Change -10.08% -9.18%
Long-Term Investments
YoY Change
Other Assets $71.00K $532.0K $49.00K
YoY Change 44.9% -12.79% -3.92%
Total Long-Term Assets $8.254M $8.724M $9.011M
YoY Change -8.4% -5.79% -12.61%
TOTAL ASSETS
Total Short-Term Assets $18.22M $17.87M $16.29M
Total Long-Term Assets $8.254M $8.724M $9.011M
Total Assets $26.48M $26.59M $25.30M
YoY Change 4.64% 7.75% 15.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.800M $1.862M $1.656M
YoY Change 8.7% -21.76% -14.61%
Accrued Expenses $593.0K $763.0K $936.0K
YoY Change -36.65% -11.28% -2.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $800.0K
YoY Change -100.0% -100.0% 0.0%
Total Short-Term Liabilities $2.393M $2.625M $3.757M
YoY Change -36.31% -38.09% 1.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $362.0K
YoY Change -100.0% -100.0% -68.17%
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $362.0K
YoY Change -100.0% -100.0% -68.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.393M $2.625M $3.757M
Total Long-Term Liabilities $0.00 $0.00 $362.0K
Total Liabilities $2.393M $2.625M $4.120M
YoY Change -41.92% -45.2% -26.32%
SHAREHOLDERS EQUITY
Retained Earnings $15.78M $13.55M
YoY Change 16.43% 52.45%
Common Stock $8.304M $7.630M
YoY Change 8.83% 3.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $24.08M $23.97M $21.18M
YoY Change
Total Liabilities & Shareholders Equity $26.48M $26.59M $25.30M
YoY Change 4.64% 7.75% 15.88%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $72.00K $1.067M $1.230M
YoY Change -94.15% -27.41% 46.43%
Depreciation, Depletion And Amortization $192.0K $196.0K $210.0K
YoY Change -8.57% -2.0% 5.0%
Cash From Operating Activities $606.0K $447.0K $2.060M
YoY Change -70.58% 148.33% 26.38%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K -$162.0K -$130.0K
YoY Change -84.62% -29.57% 116.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$20.00K -$162.0K -$130.0K
YoY Change -84.62% -29.57% 116.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 357.0K -200.0K
YoY Change -100.0% -278.5% -85.19%
NET CHANGE
Cash From Operating Activities 606.0K 447.0K 2.060M
Cash From Investing Activities -20.00K -162.0K -130.0K
Cash From Financing Activities 0.000 357.0K -200.0K
Net Change In Cash 586.0K 642.0K 1.730M
YoY Change -66.13% -356.8% 686.36%
FREE CASH FLOW
Cash From Operating Activities $606.0K $447.0K $2.060M
Capital Expenditures -$20.00K -$162.0K -$130.0K
Free Cash Flow $626.0K $609.0K $2.190M
YoY Change -71.42% 48.54% 29.59%

Facts In Submission

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