2018 Q2 Form 10-Q Financial Statement

#000119312518158879 Filed on May 10, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2018 Q1 2017 Q1
Revenue $5.675M $5.255M
YoY Change 7.99% 2.08%
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 $100.0K $130.0K $100.0K
YoY Change 900.0% 30.0% -9.09%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.370M $898.0K
YoY Change 52.56% 7.67%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $730.0K $1.274M $1.323M
YoY Change -21.51% -3.7% -10.97%
Income Tax $210.0K $280.0K $479.0K
% Of Pretax Income 28.77% 21.98% 36.21%
Net Earnings $500.0K $994.0K $844.0K
YoY Change -16.67% 17.77% -10.59%
Net Earnings / Revenue 17.52% 16.06%
Basic Earnings Per Share $0.27 $0.23
Diluted Earnings Per Share $131.9K $0.27 $0.23
COMMON SHARES
Basic Shares Outstanding 3.871M shares 3.660M shares 3.664M shares
Diluted Shares Outstanding 3.699M shares 3.698M shares

Balance Sheet

Concept 2018 Q2 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $4.754M $9.977M $16.79M
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 $10.23M $9.385M $4.886M
YoY Change 75.1% 92.08% 5.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.000M $3.600M $3.200M
YoY Change 8.11% 12.5% 52.38%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $638.9M $619.3M $591.5M
YoY Change 9.13% 4.71% 1.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $1.300M $1.100M
YoY Change -37.5% 18.18% -8.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.300M $2.700M $2.400M
YoY Change 4.55% 12.5% -51.02%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $500.0K $1.300M $1.100M
YoY Change -37.5% 18.18% -8.33%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.500M $5.900M $6.100M
YoY Change 10.17% -3.28% 17.31%
Total Long-Term Liabilities $6.500M $5.900M $6.100M
YoY Change 10.17% -3.28% 17.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $500.0K $1.300M $1.100M
Total Long-Term Liabilities $6.500M $5.900M $6.100M
Total Liabilities $557.2M $537.7M $508.3M
YoY Change 11.12% 5.79% 1.26%
SHAREHOLDERS EQUITY
Retained Earnings $38.89M $38.76M $38.43M
YoY Change -0.43% 0.87% 6.73%
Common Stock $48.40M $48.29M $47.88M
YoY Change 0.88% 0.86% 0.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $81.68M $81.61M $83.20M
YoY Change
Total Liabilities & Shareholders Equity $638.9M $619.3M $591.5M
YoY Change 9.13% 4.71% 1.24%

Cashflow Statement

Concept 2018 Q2 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $500.0K $994.0K $844.0K
YoY Change -16.67% 17.77% -10.59%
Depreciation, Depletion And Amortization $100.0K $130.0K $100.0K
YoY Change 900.0% 30.0% -9.09%
Cash From Operating Activities $3.260M $290.0K $2.100M
YoY Change 199.08% -86.19% 7.69%
INVESTING ACTIVITIES
Capital Expenditures -$930.0K -$100.0K -$140.0K
YoY Change -4.12% -28.57% 133.33%
Acquisitions
YoY Change
Other Investing Activities -$25.63M -$5.040M $490.0K
YoY Change 881.99% -1128.57% -102.99%
Cash From Investing Activities -$26.58M -$5.130M $340.0K
YoY Change 644.54% -1608.82% -102.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.10M 8.120M 8.790M
YoY Change -377.18% -7.62% -58.67%
NET CHANGE
Cash From Operating Activities 3.260M 290.0K 2.100M
Cash From Investing Activities -26.58M -5.130M 340.0K
Cash From Financing Activities 18.10M 8.120M 8.790M
Net Change In Cash -5.220M 3.280M 11.23M
YoY Change -42.06% -70.79% 64.9%
FREE CASH FLOW
Cash From Operating Activities $3.260M $290.0K $2.100M
Capital Expenditures -$930.0K -$100.0K -$140.0K
Free Cash Flow $4.190M $390.0K $2.240M
YoY Change 103.4% -82.59% 11.44%

Facts In Submission

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27000
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40000
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35000
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40000

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