2019 Form 10-K Financial Statement
#000110465920037784 Filed on March 24, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $8.280M |
| YoY Change | 25.64% |
| Cost Of Revenue | $4.350M |
| YoY Change | 21.17% |
| Gross Profit | $3.930M |
| YoY Change | 31.0% |
| Gross Profit Margin | 47.46% |
| Selling, General & Admin | $1.420M |
| YoY Change | -22.4% |
| % of Gross Profit | 36.13% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $2.780M |
| YoY Change | 36.27% |
| % of Gross Profit | 70.74% |
| Operating Expenses | $4.200M |
| YoY Change | 8.53% |
| Operating Profit | -$270.0K |
| YoY Change | -68.97% |
| Interest Expense | -$2.470M |
| YoY Change | 28.65% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$80.00K |
| YoY Change | -300.0% |
| Pretax Income | -$3.800M |
| YoY Change | 29.25% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$3.020M |
| YoY Change | 10.22% |
| Net Earnings / Revenue | -36.47% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$820.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 3.683M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $610.0K |
| YoY Change | -54.14% |
| Cash & Equivalents | |
| Short-Term Investments | |
| Other Short-Term Assets | |
| YoY Change | |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $150.0K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $760.0K |
| YoY Change | -47.22% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $75.79M |
| YoY Change | 67.23% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $1.460M |
| YoY Change | -50.51% |
| Total Long-Term Assets | $82.48M |
| YoY Change | 59.63% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $760.0K |
| Total Long-Term Assets | $82.48M |
| Total Assets | $83.24M |
| YoY Change | 56.73% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.570M |
| YoY Change | 89.16% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $1.990M |
| YoY Change | |
| Long-Term Debt Due | $850.0K |
| YoY Change | |
| Total Short-Term Liabilities | $4.410M |
| YoY Change | 431.33% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $56.70M |
| YoY Change | 70.58% |
| Other Long-Term Liabilities | $1.280M |
| YoY Change | 190.91% |
| Total Long-Term Liabilities | $57.98M |
| YoY Change | 72.15% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.410M |
| Total Long-Term Liabilities | $57.98M |
| Total Liabilities | $65.04M |
| YoY Change | 70.84% |
| 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 | $18.20M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $83.24M |
| YoY Change | 56.73% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.020M |
| YoY Change | 10.22% |
| Depreciation, Depletion And Amortization | $2.780M |
| YoY Change | 36.27% |
| Cash From Operating Activities | $810.0K |
| YoY Change | -292.86% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$34.93M |
| YoY Change | 598.6% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$34.93M |
| YoY Change | 544.46% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 32.08M |
| YoY Change | 380.96% |
| NET CHANGE | |
| Cash From Operating Activities | 810.0K |
| Cash From Investing Activities | -34.93M |
| Cash From Financing Activities | 32.08M |
| Net Change In Cash | -2.040M |
| YoY Change | -345.78% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $810.0K |
| Capital Expenditures | -$34.93M |
| Free Cash Flow | $35.74M |
| YoY Change | 680.35% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3683171 |
