2019 Q4 Form 10-Q Financial Statement

#000162828019014808 Filed on December 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $28.21M $28.03M $27.40M
YoY Change 0.63% 6.44% 1.91%
Cost Of Revenue $13.02M $13.37M $13.65M
YoY Change -2.56% 8.39% 17.03%
Gross Profit $15.19M $14.67M $13.75M
YoY Change 3.54% 4.72% -9.67%
Gross Profit Margin 53.83% 52.32% 50.19%
Selling, General & Admin $10.06M $9.712M $9.373M
YoY Change 3.54% 20.6% 7.14%
% of Gross Profit 66.22% 66.22% 68.16%
Research & Development $4.209M $3.332M $3.675M
YoY Change 26.32% 26.07% 46.59%
% of Gross Profit 27.72% 22.72% 26.72%
Depreciation & Amortization $2.183M $1.913M $1.798M
YoY Change 14.11% 44.81% 29.82%
% of Gross Profit 14.38% 13.04% 13.07%
Operating Expenses $14.34M $13.14M $13.15M
YoY Change 9.15% 22.08% 13.29%
Operating Profit $843.0K $1.526M $607.0K
YoY Change -44.76% -52.93% -83.24%
Interest Expense $400.0K $520.0K $500.0K
YoY Change -23.08% 48.57% 38.89%
% of Operating Profit 47.45% 34.08% 82.37%
Other Income/Expense, Net $312.0K -$714.0K $249.0K
YoY Change -143.7% -321.74% 5.51%
Pretax Income $1.555M $1.336M $1.360M
YoY Change 16.39% -65.9% -67.78%
Income Tax -$204.0K $93.00K -$25.00K
% Of Pretax Income -13.12% 6.96% -1.84%
Net Earnings $1.759M $1.243M $1.385M
YoY Change 41.51% -49.88% -49.17%
Net Earnings / Revenue 6.24% 4.43% 5.05%
Basic Earnings Per Share $0.06 $0.04 $0.05
Diluted Earnings Per Share $0.05 $0.04 $0.04
COMMON SHARES
Basic Shares Outstanding 31.61M shares 30.93M shares 30.73M shares
Diluted Shares Outstanding 32.31M shares 31.48M shares 31.34M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.20M $80.70M $84.80M
YoY Change 16.73% 0.25% 0.71%
Cash & Equivalents $62.68M $50.93M $54.86M
Short-Term Investments $31.50M $29.80M $30.00M
Other Short-Term Assets $6.800M $6.600M $6.400M
YoY Change 3.03% 15.79% 64.1%
Inventory
Prepaid Expenses
Receivables $15.43M $17.43M $13.68M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $119.1M $107.8M $108.3M
YoY Change 10.44% 4.91% 3.64%
LONG-TERM ASSETS
Property, Plant & Equipment $3.505M $3.609M $3.600M
YoY Change -2.88% 78.05% 74.0%
Goodwill $25.89M $25.89M $25.89M
YoY Change 0.0% 32.43% 32.43%
Intangibles $1.759M $3.926M $4.523M
YoY Change -55.2% 45.68% 50.57%
Long-Term Investments $500.0K $1.900M $2.500M
YoY Change -73.68% -82.08% -60.94%
Other Assets $1.731M $3.776M $4.055M
YoY Change -54.16% 143.93% 201.94%
Total Long-Term Assets $47.48M $48.74M $50.13M
YoY Change -2.6% 6.33% 21.19%
TOTAL ASSETS
Total Short-Term Assets $119.1M $107.8M $108.3M
Total Long-Term Assets $47.48M $48.74M $50.13M
Total Assets $166.6M $156.6M $158.4M
YoY Change 6.38% 5.35% 8.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.846M $1.475M $2.166M
YoY Change 25.15% 11.24% 18.43%
Accrued Expenses $4.900M $2.800M $2.300M
YoY Change 75.0% -24.32% -25.81%
Deferred Revenue $32.56M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.47M $38.47M $38.31M
YoY Change 13.02% 1.46% -1.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $87.00K $1.107M $1.485M
YoY Change -92.14% 1395.95% 1828.57%
Total Long-Term Liabilities $87.00K $1.107M $1.485M
YoY Change -92.14% 1395.95% 1828.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.47M $38.47M $38.31M
Total Long-Term Liabilities $87.00K $1.107M $1.485M
Total Liabilities $48.71M $42.50M $43.02M
YoY Change 14.61% 2.68% 3.85%
SHAREHOLDERS EQUITY
Retained Earnings -$5.774M $943.0K $3.105M
YoY Change -712.3% -70.8% -23.6%
Common Stock $145.6M $135.2M $134.3M
YoY Change 7.7% 7.17% 9.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 4.589B shares
Shareholders Equity $117.9M $114.1M $115.4M
YoY Change
Total Liabilities & Shareholders Equity $166.6M $156.6M $158.4M
YoY Change 6.38% 5.35% 8.62%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $1.759M $1.243M $1.385M
YoY Change 41.51% -49.88% -49.17%
Depreciation, Depletion And Amortization $2.183M $1.913M $1.798M
YoY Change 14.11% 44.81% 29.82%
Cash From Operating Activities -$760.0K $440.0K $4.361M
YoY Change -272.73% -112.57% 8.62%
INVESTING ACTIVITIES
Capital Expenditures $128.0K $180.0K $714.0K
YoY Change -28.89% 130.77% 436.84%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$730.0K -$1.380M -$1.598M
YoY Change -47.1% -2.13% 12.54%
FINANCING ACTIVITIES
Cash Dividend Paid $3.368M
YoY Change 3.34%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.450M -2.980M -$702.0K
YoY Change -148.66% 3625.0% -70.37%
NET CHANGE
Cash From Operating Activities -760.0K 440.0K $4.361M
Cash From Investing Activities -730.0K -1.380M -$1.598M
Cash From Financing Activities 1.450M -2.980M -$702.0K
Net Change In Cash -40.00K -3.920M $2.061M
YoY Change -98.98% -21.44% 811.95%
FREE CASH FLOW
Cash From Operating Activities -$760.0K $440.0K $4.361M
Capital Expenditures $128.0K $180.0K $714.0K
Free Cash Flow -$888.0K $260.0K $3.647M
YoY Change -441.54% -107.27% -6.05%

Facts In Submission

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LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
397000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
165000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2709000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
20000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
346000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
253000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
0 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
93000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
55000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
105000 USD
CY2019Q2 us-gaap Liabilities
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46703000 USD
CY2019Q4 us-gaap Liabilities
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48712000 USD
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LiabilitiesAndStockholdersEquity
161310000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
166578000 USD
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43101000 USD
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43474000 USD
CY2019Q2 us-gaap Long Term Investments
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2484000 USD
CY2019Q4 us-gaap Long Term Investments
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494000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-3681000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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4802000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4050000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1243000 USD
us-gaap Net Income Loss
NetIncomeLoss
2628000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
1759000 USD
us-gaap Net Income Loss
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2911000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2018Q4 us-gaap Operating Expenses
OperatingExpenses
13141000 USD
us-gaap Operating Expenses
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26286000 USD
CY2019Q4 us-gaap Operating Expenses
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14343000 USD
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28168000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1526000 USD
us-gaap Operating Income Loss
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2133000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
843000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1640000 USD
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
194000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
388000 USD
CY2019Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
54000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
111000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2544000 USD
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775000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1769000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
500000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2401000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y08M24D
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3110000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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847000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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317000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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433000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
706000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
790000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
17000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
354000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
194000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
55000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
105000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
0 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1510000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1731000 USD
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1375000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
688000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
88000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
87000 USD
CY2018Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-714000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-464000 USD
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
312000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
362000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
6767000 USD
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PaymentsOfDividends
6884000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
6456000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
21412000 USD
CY2018Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
180000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
894000 USD
CY2019Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
238000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6210000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6812000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
9417000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
16975000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3086000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6358000 USD
us-gaap Profit Loss
ProfitLoss
2628000 USD
us-gaap Profit Loss
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2911000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
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3585000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
110000 USD
CY2019Q2 us-gaap Unbilled Contracts Receivable
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1475000 USD
CY2019Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
2682000 USD
CY2019Q4 us-gaap Variable Lease Cost
VariableLeaseCost
54000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3505000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7537000 USD
CY2018Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3332000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7007000 USD
CY2019Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4209000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1729000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5774000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
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28033000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
55432000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
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28210000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
55593000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
76000000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.6666
CY2018Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5304000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
10484000 USD
CY2019Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5148000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
10727000 USD
CY2018Q4 us-gaap Share Based Compensation
ShareBasedCompensation
400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
841000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
800000 USD
CY2019Q4 us-gaap Share Based Compensation
ShareBasedCompensation
500000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
946000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
900000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1900000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3200000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1189000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1063000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4119923 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4333117 shares
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
24710000 USD
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
31493000 USD
CY2019Q4 us-gaap Short Term Lease Cost
ShortTermLeaseCost
142000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
294000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
343713 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
650943 shares
CY2018Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
420000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3086000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4906000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6358000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
112584000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
115387000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
114088000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
114607000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
114203000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
117866000 USD
CY2019Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
25559000 USD
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31477000 shares
CY2019Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
25559000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31412000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32310000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32066000 shares
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30926000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30825000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31609000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31440000 shares

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