2014 Q3 Form 10-Q Financial Statement

#000120677414002360 Filed on August 05, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.00K $30.00K $10.00K
YoY Change 0.0% 200.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change
% of Gross Profit
Operating Expenses $10.00K $30.00K $10.00K
YoY Change 0.0% 200.0% 0.0%
Operating Profit
YoY Change
Interest Expense $0.00 $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$11.14K -$26.58K -$12.04K
YoY Change -9.73% 120.74% 26.33%
Income Tax
% Of Pretax Income
Net Earnings -$11.14K -$26.58K -$12.04K
YoY Change -9.73% 120.74% 26.33%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$2.976K -$8.929K -$2.976K
COMMON SHARES
Basic Shares Outstanding 3.359M shares 3.359M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $210.0K $210.0K $310.0K
YoY Change -27.59% -32.26% -3.13%
Cash & Equivalents $206.6K $211.2K $312.2K
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $0.00 $10.00K $10.00K
YoY Change -100.0% 0.0%
Inventory
Prepaid Expenses $3.959K $8.068K $6.838K
Receivables
Other Receivables
Total Short-Term Assets $210.6K $219.3K $319.0K
YoY Change -31.24% -31.26% -0.88%
LONG-TERM ASSETS
Property, Plant & Equipment $735.00 $899.00 $1.553K
YoY Change -47.08% -42.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $735.00 $899.00 $1.553K
YoY Change -47.08% -42.11%
TOTAL ASSETS
Total Short-Term Assets $210.6K $219.3K $319.0K
Total Long-Term Assets $735.00 $899.00 $1.553K
Total Assets $211.3K $220.2K $320.6K
YoY Change -31.31% -31.31% -0.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $2.271K $1.958K
YoY Change 63.62% -82.48%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.271K $1.958K
YoY Change 63.62% -82.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.271K $1.958K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.271K $1.958K
YoY Change 63.62% -82.48%
SHAREHOLDERS EQUITY
Retained Earnings -$5.597M -$5.586M -$5.487M
YoY Change 1.77% 1.79% 2.93%
Common Stock $5.806M $5.806M $5.806M
YoY Change 0.0% 0.0% 2.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $209.0K $220.2K $318.6K
YoY Change
Total Liabilities & Shareholders Equity $211.3K $220.2K $320.6K
YoY Change -31.31% -31.31% -0.4%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$11.14K -$26.58K -$12.04K
YoY Change -9.73% 120.74% 26.33%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change
Cash From Operating Activities -$10.00K -$40.00K -$10.00K
YoY Change -50.0% 300.0% 0.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -10.00K -40.00K -10.00K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -10.00K -40.00K -10.00K
YoY Change -50.0% 300.0% 0.0%
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$40.00K -$10.00K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Document Fiscal Year Focus
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Files In Submission

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0001206774-14-002360-index-headers.html Edgar Link pending
0001206774-14-002360-index.html Edgar Link pending
0001206774-14-002360.txt Edgar Link pending
0001206774-14-002360-xbrl.zip Edgar Link pending
exhibit31-1.htm Edgar Link pending
exhibit31-2.htm Edgar Link pending
exhibit32-1.htm Edgar Link pending
exhibit32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mghl-20140630.xml Edgar Link completed
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mghl-20140630_cal.xml Edgar Link unprocessable
mghl-20140630_def.xml Edgar Link unprocessable
mghl-20140630_lab.xml Edgar Link unprocessable
mghl-20140630_pre.xml Edgar Link unprocessable
morgan_10q.htm Edgar Link pending
R1.htm Edgar Link pending
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R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R2.htm Edgar Link pending
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