2024 Q4 Form 10-Q Financial Statement

#000143774924032036 Filed on October 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $73.10M
YoY Change 3.92%
Cost Of Revenue $24.47M
YoY Change 3.73%
Gross Profit $48.63M
YoY Change 4.01%
Gross Profit Margin 66.52%
Selling, General & Admin $19.95M
YoY Change 13.44%
% of Gross Profit 41.04%
Research & Development $12.10M
YoY Change 11.0%
% of Gross Profit 24.88%
Depreciation & Amortization $10.07M
YoY Change -3.17%
% of Gross Profit 20.72%
Operating Expenses $12.10M
YoY Change 11.0%
Operating Profit $6.498M
YoY Change 33.62%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $981.0K
YoY Change 66.27%
Pretax Income $7.479M
YoY Change 37.15%
Income Tax $1.800M
% Of Pretax Income 24.07%
Net Earnings $5.725M
YoY Change 48.05%
Net Earnings / Revenue 7.83%
Basic Earnings Per Share $0.19
Diluted Earnings Per Share $0.19
COMMON SHARES
Basic Shares Outstanding 30.41M 30.41M
Diluted Shares Outstanding 30.59M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.89M
YoY Change 32.14%
Cash & Equivalents $57.49M
Short-Term Investments $37.40M
Other Short-Term Assets $3.163M
YoY Change -66.72%
Inventory
Prepaid Expenses
Receivables $26.33M
Other Receivables $0.00
Total Short-Term Assets $145.6M
YoY Change 14.79%
LONG-TERM ASSETS
Property, Plant & Equipment $11.09M
YoY Change -18.1%
Goodwill $191.1M
YoY Change 0.05%
Intangibles
YoY Change
Long-Term Investments $3.984M
YoY Change -5.14%
Other Assets $584.0K
YoY Change 23.73%
Total Long-Term Assets $357.2M
YoY Change -3.77%
TOTAL ASSETS
Total Short-Term Assets $145.6M
Total Long-Term Assets $357.2M
Total Assets $502.8M
YoY Change 0.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.444M
YoY Change 26.29%
Accrued Expenses $17.37M
YoY Change -17.22%
Deferred Revenue $82.94M
YoY Change -0.34%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $110.6M
YoY Change -3.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $1.986M
YoY Change -7.28%
Total Long-Term Liabilities $1.986M
YoY Change -7.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $110.6M
Total Long-Term Liabilities $1.986M
Total Liabilities $112.6M
YoY Change -3.57%
SHAREHOLDERS EQUITY
Retained Earnings $104.9M
YoY Change 18.53%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $355.5M
YoY Change
Total Liabilities & Shareholders Equity $502.8M
YoY Change 0.96%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $5.725M
YoY Change 48.05%
Depreciation, Depletion And Amortization $10.07M
YoY Change -3.17%
Cash From Operating Activities $19.11M
YoY Change -22.53%
INVESTING ACTIVITIES
Capital Expenditures $6.839M
YoY Change 1.77%
Acquisitions
YoY Change
Other Investing Activities -$31.00K
YoY Change -101.11%
Cash From Investing Activities -$6.870M
YoY Change 75.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -922.0K
YoY Change -62.21%
NET CHANGE
Cash From Operating Activities 19.11M
Cash From Investing Activities -6.870M
Cash From Financing Activities -922.0K
Net Change In Cash 11.32M
YoY Change -38.18%
FREE CASH FLOW
Cash From Operating Activities $19.11M
Capital Expenditures $6.839M
Free Cash Flow $12.27M
YoY Change -31.63%

Facts In Submission

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