2011 Q4 Form 10-Q Financial Statement
#000119312511336164 Filed on December 09, 2011
Income Statement
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| Revenue | $25.60M | $20.95M |
| YoY Change | 22.19% | 11.91% |
| Cost Of Revenue | $10.96M | $9.950M |
| YoY Change | 10.15% | 17.47% |
| Gross Profit | $14.63M | $11.00M |
| YoY Change | 33.04% | 7.32% |
| Gross Profit Margin | 57.17% | 52.51% |
| Selling, General & Admin | $7.830M | $6.900M |
| YoY Change | 13.48% | 2.53% |
| % of Gross Profit | 53.51% | 62.73% |
| Research & Development | $2.610M | $2.540M |
| YoY Change | 2.76% | 49.41% |
| % of Gross Profit | 17.84% | 23.09% |
| Depreciation & Amortization | $1.090M | $1.170M |
| YoY Change | -6.84% | 98.31% |
| % of Gross Profit | 7.45% | 10.64% |
| Operating Expenses | $9.920M | $9.010M |
| YoY Change | 10.1% | 5.88% |
| Operating Profit | $4.716M | $1.990M |
| YoY Change | 136.98% | 14.37% |
| Interest Expense | $330.0K | $360.0K |
| YoY Change | -8.33% | 2.86% |
| % of Operating Profit | 7.0% | 18.09% |
| Other Income/Expense, Net | -$230.0K | $280.0K |
| YoY Change | -182.14% | 460.0% |
| Pretax Income | $4.820M | $2.410M |
| YoY Change | 100.0% | 12.62% |
| Income Tax | $1.840M | $940.0K |
| % Of Pretax Income | 38.17% | 39.0% |
| Net Earnings | $2.981M | $1.470M |
| YoY Change | 102.79% | 8.89% |
| Net Earnings / Revenue | 11.65% | 7.02% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $0.11 | $0.06 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 26.26M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $45.30M | $37.40M |
| YoY Change | 21.12% | -9.88% |
| Cash & Equivalents | $24.50M | $20.40M |
| Short-Term Investments | $20.90M | $17.10M |
| Other Short-Term Assets | $3.100M | $3.000M |
| YoY Change | 3.33% | -9.09% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $20.40M | $13.50M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $68.80M | $53.90M |
| YoY Change | 27.64% | -4.94% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $5.300M | $6.200M |
| YoY Change | -14.52% | -10.14% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $8.900M | $13.90M |
| YoY Change | -35.97% | -6.08% |
| Other Assets | $100.0K | $100.0K |
| YoY Change | 0.0% | 0.0% |
| Total Long-Term Assets | $36.20M | $42.50M |
| YoY Change | -14.82% | 6.25% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $68.80M | $53.90M |
| Total Long-Term Assets | $36.20M | $42.50M |
| Total Assets | $105.0M | $96.40M |
| YoY Change | 8.92% | -0.31% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.000M | $900.0K |
| YoY Change | 11.11% | -18.18% |
| Accrued Expenses | $3.800M | $2.100M |
| YoY Change | 80.95% | 0.0% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $27.60M | $22.90M |
| YoY Change | 20.52% | 2.23% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $27.60M | $22.90M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $28.40M | $24.00M |
| YoY Change | 18.33% | 2.13% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $76.60M | $72.40M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $105.0M | $96.40M |
| YoY Change | 8.92% | -0.31% |
Cashflow Statement
| Concept | 2011 Q4 | 2010 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.981M | $1.470M |
| YoY Change | 102.79% | 8.89% |
| Depreciation, Depletion And Amortization | $1.090M | $1.170M |
| YoY Change | -6.84% | 98.31% |
| Cash From Operating Activities | $4.210M | -$1.430M |
| YoY Change | -394.41% | -18.29% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$760.0K | -$690.0K |
| YoY Change | 10.14% | -10.39% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $2.340M | $2.240M |
| YoY Change | 4.46% | -31.5% |
| Cash From Investing Activities | $1.580M | $1.560M |
| YoY Change | 1.28% | -37.6% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -1.830M | -1.530M |
| YoY Change | 19.61% | -70.75% |
| NET CHANGE | ||
| Cash From Operating Activities | 4.210M | -1.430M |
| Cash From Investing Activities | 1.580M | 1.560M |
| Cash From Financing Activities | -1.830M | -1.530M |
| Net Change In Cash | 3.960M | -1.400M |
| YoY Change | -382.86% | -68.75% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $4.210M | -$1.430M |
| Capital Expenditures | -$760.0K | -$690.0K |
| Free Cash Flow | $4.970M | -$740.0K |
| YoY Change | -771.62% | -24.49% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | ||
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | ||
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
| CY2011Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
26263000 |
