$LMB
Limbach Holdings, Inc.

2016 Q1 Form 10-Q Financial Statement

#000114420416099889 Filed on May 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $400.0K $100.0K
YoY Change 300.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $400.0K $0.00
YoY Change
Operating Profit -$430.2K -$142.3K
YoY Change 202.33%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$400.0K -$100.0K
YoY Change 300.0%
Income Tax $1.500K $0.00
% Of Pretax Income
Net Earnings -$384.6K -$136.1K
YoY Change 182.57%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$210.5K -$55.56K
COMMON SHARES
Basic Shares Outstanding 5.948M shares 5.948M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.0K $300.0K
YoY Change -66.67%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $0.00 $100.0K
YoY Change -100.0%
Inventory
Prepaid Expenses $50.91K
Receivables
Other Receivables
Total Short-Term Assets $100.0K $360.1K
YoY Change -72.23%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.10M $46.00M
YoY Change 0.22%
Other Assets
YoY Change
Total Long-Term Assets $46.00M $46.01M
YoY Change -0.03%
TOTAL ASSETS
Total Short-Term Assets $100.0K $360.1K
Total Long-Term Assets $46.00M $46.01M
Total Assets $46.10M $46.37M
YoY Change -0.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $100.0K
YoY Change 400.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $100.0K $100.0K
YoY Change 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $600.0K $200.0K
YoY Change 200.0%
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 $600.0K $200.0K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $600.0K $227.4K
YoY Change 163.81%
SHAREHOLDERS EQUITY
Retained Earnings -$325.9K
YoY Change
Common Stock $185.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.000M $5.147M
YoY Change
Total Liabilities & Shareholders Equity $46.10M $46.37M
YoY Change -0.59%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$384.6K -$136.1K
YoY Change 182.57%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$50.00K -$80.00K
YoY Change -37.5%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $10.00K -$10.00K
YoY Change -200.0%
Cash From Investing Activities $10.00K -$10.00K
YoY Change -200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -50.00K -80.00K
Cash From Investing Activities 10.00K -10.00K
Cash From Financing Activities 0.000
Net Change In Cash -40.00K -90.00K
YoY Change -55.56%
FREE CASH FLOW
Cash From Operating Activities -$50.00K -$80.00K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2015Q1 us-gaap General And Administrative Expense
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CY2016Q1 us-gaap Net Income Loss
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CY2015Q1 us-gaap Net Income Loss
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CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2016Q1 us-gaap Operating Income Loss
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us-gaap Net Income Loss
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tfsc Stock Issued During Period Value Issued For Private Placement Including Over Allotment
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us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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tfsc Adjustments To Additional Paid In Capital Issuance Of Underwriter Purchase Option
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us-gaap Stock Redeemed Or Called During Period Value
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CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2016Q1 us-gaap Increase Decrease In Restricted Cash And Investments
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CY2015Q1 us-gaap Increase Decrease In Restricted Cash And Investments
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CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2014Q3 tfsc Percentage Of Underwriters Discount
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CY2014Q3 tfsc Payment Of Underwriting Discounts
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CY2014Q3 tfsc Payment Of Additional Underwriting Discounts
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CY2016Q1 us-gaap Deferred Offering Costs
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CY2016Q1 tfsc Underwriter Fee Related To Offering
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CY2016Q1 tfsc Percentage Of Initial Public Offering Proceeds
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CY2016Q1 tfsc Cash Fee To Be Paid For Services
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CY2016Q1 us-gaap Due To Affiliate Current And Noncurrent
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CY2016Q1 tfsc Common Stock Redemption Amount Shares
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CY2015Q1 tfsc Common Stock Shares Transferred By Sponsor
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CY2015Q1 us-gaap Share Price
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CY2016Q1 us-gaap Preferred Stock Shares Outstanding
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CY2016Q1 us-gaap Income Tax Expense Benefit
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CY2015Q1 us-gaap Income Tax Expense Benefit
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tfsc Sale Of Warrants
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invest Investment Warrants Exercise Price
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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CY2016Q1 us-gaap Convertible Preferred Stock Terms Of Conversion
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CY2016Q1 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Maximum Amount
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CY2016Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
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Files In Submission

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0001144204-16-099889-index-headers.html Edgar Link pending
0001144204-16-099889-index.html Edgar Link pending
0001144204-16-099889.txt Edgar Link pending
0001144204-16-099889-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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tfsc-20160331.xml Edgar Link completed
tfsc-20160331.xsd Edgar Link pending
tfsc-20160331_cal.xml Edgar Link unprocessable
tfsc-20160331_def.xml Edgar Link unprocessable
tfsc-20160331_lab.xml Edgar Link unprocessable
tfsc-20160331_pre.xml Edgar Link unprocessable
v438651_10q.htm Edgar Link pending
v438651_ex31-1.htm Edgar Link pending
v438651_ex31-2.htm Edgar Link pending
v438651_ex32-1.htm Edgar Link pending
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