$IVDA
Iveda Solutions, Inc.

2012 Q2 Form 10-Q Financial Statement

#000114420412028461 Filed on May 14, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2012 Q1 2011 Q4
Revenue $1.060M $710.8K $1.370M
YoY Change 82.84% 150.38% 204.44%
Cost Of Revenue $871.1K $535.1K $1.040M
YoY Change 85.33% 210.2% 316.0%
Gross Profit $189.4K $175.7K $330.0K
YoY Change 72.21% 57.74% 65.0%
Gross Profit Margin 17.86% 24.72% 24.09%
Selling, General & Admin $1.480M
YoY Change
% of Gross Profit 448.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $80.00K $40.00K $160.0K
YoY Change 100.0% 100.0% 700.0%
% of Gross Profit 42.23% 22.76% 48.48%
Operating Expenses $1.026M $960.4K $1.480M
YoY Change -20.43% 78.65% 127.69%
Operating Profit -$837.0K -$784.7K -$1.150M
YoY Change -29.07% 84.11% 155.56%
Interest Expense $11.83K $10.49K -$10.00K
YoY Change -218.33% -28.0%
% of Operating Profit
Other Income/Expense, Net -$11.36K -$10.43K
YoY Change -27.1%
Pretax Income -$848.3K -$795.1K -$2.120M
YoY Change -28.71% 80.5% 360.87%
Income Tax $0.00 $50.00K
% Of Pretax Income
Net Earnings -$848.3K -$795.1K -$2.170M
YoY Change -28.71% 80.5% 371.74%
Net Earnings / Revenue -79.99% -111.86% -158.39%
Basic Earnings Per Share
Diluted Earnings Per Share -$45.92K -$44.35K -$116.4K
COMMON SHARES
Basic Shares Outstanding 18.55M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q2 2012 Q1 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $310.0K $580.0K $1.240M
YoY Change -47.46% 132.0% 244.44%
Cash & Equivalents $311.4K $581.1K $850.4K
Short-Term Investments $390.0K
Other Short-Term Assets $430.0K $350.0K $90.00K
YoY Change 43.33%
Inventory $140.0K $110.8K $80.03K
Prepaid Expenses
Receivables $1.650M $1.065M $942.9K
Other Receivables $10.00K $10.00K $100.0K
Total Short-Term Assets $2.540M $2.113M $2.409M
YoY Change 24.51% 391.46% 229.99%
LONG-TERM ASSETS
Property, Plant & Equipment $623.3K $540.9K $375.5K
YoY Change 114.92% 86.53% 21.14%
Goodwill $841.0K $841.0K
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0%
Other Assets $110.0K $1.135M $1.097M
YoY Change 1000.0%
Total Long-Term Assets $1.754M $1.676M $1.472M
YoY Change -28.12% 477.96% 360.15%
TOTAL ASSETS
Total Short-Term Assets $2.540M $2.113M $2.409M
Total Long-Term Assets $1.754M $1.676M $1.472M
Total Assets $4.294M $3.789M $3.881M
YoY Change -4.15% 426.3% 269.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $910.0K $955.3K $499.6K
YoY Change 213.79% 298.02% 177.58%
Accrued Expenses $220.0K $365.2K $393.6K
YoY Change 266.67% 421.64% 392.02%
Deferred Revenue
YoY Change
Short-Term Debt $950.0K $450.0K $250.0K
YoY Change 331.82%
Long-Term Debt Due $10.00K $10.00K $10.00K
YoY Change -66.67% -66.67% -80.0%
Total Short-Term Liabilities $2.650M $2.032M $1.432M
YoY Change 268.06% 269.54% 180.76%
LONG-TERM LIABILITIES
Long-Term Debt $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.650M $2.032M $1.432M
Total Long-Term Liabilities $10.00K $10.00K $10.00K
Total Liabilities $2.650M $2.041M $1.442M
YoY Change 263.01% 264.4% 172.14%
SHAREHOLDERS EQUITY
Retained Earnings -$11.95M -$11.16M
YoY Change
Common Stock $181.00 $180.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.640M $1.749M $2.439M
YoY Change
Total Liabilities & Shareholders Equity $4.290M $3.789M $3.881M
YoY Change -4.24% 426.3% 269.65%

Cashflow Statement

Concept 2012 Q2 2012 Q1 2011 Q4
OPERATING ACTIVITIES
Net Income -$848.3K -$795.1K -$2.170M
YoY Change -28.71% 80.5% 371.74%
Depreciation, Depletion And Amortization $80.00K $40.00K $160.0K
YoY Change 100.0% 100.0% 700.0%
Cash From Operating Activities -$1.710M -$305.1K -$210.0K
YoY Change 48.7% 155.19% -61.11%
INVESTING ACTIVITIES
Capital Expenditures -$140.0K $203.4K -$100.0K
YoY Change 1300.0% 100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$140.0K -$203.4K -$100.0K
YoY Change -119.18% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $60.00K
YoY Change 100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.580M 228.2K 650.0K
YoY Change 102.56% 1454.79% 16.07%
NET CHANGE
Cash From Operating Activities -1.710M -305.1K -210.0K
Cash From Investing Activities -140.0K -203.4K -100.0K
Cash From Financing Activities 1.580M 228.2K 650.0K
Net Change In Cash -270.0K -280.3K 340.0K
YoY Change -175.0% 167.24% -1233.33%
FREE CASH FLOW
Cash From Operating Activities -$1.710M -$305.1K -$210.0K
Capital Expenditures -$140.0K $203.4K -$100.0K
Free Cash Flow -$1.570M -$508.5K -$110.0K
YoY Change 37.72% 325.28% -77.55%

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Files In Submission

Name View Source Status
0001144204-12-028461-index-headers.html Edgar Link pending
0001144204-12-028461-index.html Edgar Link pending
0001144204-12-028461.txt Edgar Link pending
0001144204-12-028461-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
ivda-20120331.xml Edgar Link completed
ivda-20120331.xsd Edgar Link pending
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