2018 Q4 Form 10-K Financial Statement
#000093905719000114 Filed on March 22, 2019
Income Statement
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| Revenue | |||
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | |||
| YoY Change | |||
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $20.00K | $120.0K | $30.00K |
| YoY Change | -33.33% | -14.29% | |
| % of Gross Profit | |||
| Operating Expenses | |||
| YoY Change | |||
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | |||
| YoY Change | |||
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $620.0K | $1.710M | $700.0K |
| YoY Change | -11.43% | -20.83% | |
| Income Tax | $100.0K | $300.0K | $500.0K |
| % Of Pretax Income | 16.13% | 17.54% | 71.43% |
| Net Earnings | $520.0K | $1.410M | $200.0K |
| YoY Change | 160.0% | 20.51% | |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | $0.41 | ||
| Diluted Earnings Per Share | $149.9K | $0.41 | $57.97K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | |||
| YoY Change | |||
| Cash & Equivalents | |||
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | |||
| YoY Change | |||
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.900M | $1.900M | $2.000M |
| YoY Change | -5.0% | -5.0% | |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | |||
| YoY Change | |||
| TOTAL ASSETS | |||
| Total Short-Term Assets | |||
| Total Long-Term Assets | |||
| Total Assets | $200.7M | $200.7M | $176.7M |
| YoY Change | 13.58% | 13.58% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $700.0K | $700.0K | $600.0K |
| YoY Change | 16.67% | 16.67% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | |||
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $700.0K | $700.0K | $600.0K |
| YoY Change | 16.67% | 16.67% | |
| 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 | $700.0K | $700.0K | $600.0K |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $151.8M | $151.8M | $152.5M |
| YoY Change | -0.46% | -0.46% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | $36.00K | $1.472M | |
| YoY Change | -97.55% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $3.000K | $95.00K | |
| YoY Change | -96.84% | ||
| Treasury Stock Shares | |||
| Shareholders Equity | $48.80M | $48.80M | $24.20M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $200.7M | $200.7M | $176.7M |
| YoY Change | 13.58% | 13.58% |
Cashflow Statement
| Concept | 2018 Q4 | 2018 | 2017 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $520.0K | $1.410M | $200.0K |
| YoY Change | 160.0% | 20.51% | |
| Depreciation, Depletion And Amortization | $20.00K | $120.0K | $30.00K |
| YoY Change | -33.33% | -14.29% | |
| Cash From Operating Activities | $400.0K | $2.530M | $270.0K |
| YoY Change | 48.15% | 90.23% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $0.00 | -$50.00K | -$20.00K |
| YoY Change | -100.0% | 150.0% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$6.710M | -$18.77M | -$4.230M |
| YoY Change | 58.63% | -20955.56% | |
| Cash From Investing Activities | -$6.700M | -$18.81M | -$4.250M |
| YoY Change | 57.65% | -26971.43% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -140.0K | 21.52M | 570.0K |
| YoY Change | -124.56% | -1056.44% | |
| NET CHANGE | |||
| Cash From Operating Activities | 400.0K | 2.530M | 270.0K |
| Cash From Investing Activities | -6.700M | -18.81M | -4.250M |
| Cash From Financing Activities | -140.0K | 21.52M | 570.0K |
| Net Change In Cash | -6.440M | 5.240M | -3.410M |
| YoY Change | 88.86% | -716.47% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $400.0K | $2.530M | $270.0K |
| Capital Expenditures | $0.00 | -$50.00K | -$20.00K |
| Free Cash Flow | $400.0K | $2.580M | $290.0K |
| YoY Change | 37.93% | 91.11% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1472000 | USD |
| CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
36000 | USD |
| CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
95000 | USD |
| CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
3000 | USD |
| CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | |
| CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
| CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.34 | |
| CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.41 | |
| CY2017 | msvb |
Adjustment Cash Dividend To Minority Shareholders Retain Earning
AdjustmentCashDividendToMinorityShareholdersRetainEarning
|
26000 | USD |
| CY2017 | msvb |
Cash Dividends To Holding Company
CashDividendsToHoldingCompany
|
62000 | USD |
