$MXC
MEXCO ENERGY CORP

2021 Q3 Form 10-Q Financial Statement

#000149315221027278 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $1.553M $636.0K
YoY Change 144.24% 1.62%
Cost Of Revenue $335.6K $217.1K
YoY Change 54.56% -5.2%
Gross Profit $1.218M $418.9K
YoY Change 190.72% 5.56%
Gross Profit Margin 78.4% 65.86%
Selling, General & Admin $214.2K $192.4K
YoY Change 11.37% -24.65%
% of Gross Profit 17.59% 45.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $280.1K $236.1K
YoY Change 18.6% 12.59%
% of Gross Profit 23.0% 56.37%
Operating Expenses $501.5K $435.7K
YoY Change 15.11% -7.61%
Operating Profit $716.3K -$16.81K
YoY Change -4361.39% -77.52%
Interest Expense -$7.520K -$25.17K
YoY Change -70.12% 213.84%
% of Operating Profit -1.05%
Other Income/Expense, Net -$7.518K
YoY Change
Pretax Income $708.8K -$41.97K
YoY Change -1788.9% -49.31%
Income Tax
% Of Pretax Income
Net Earnings $708.8K -$41.97K
YoY Change -1788.9% -49.31%
Net Earnings / Revenue 45.63% -6.6%
Basic Earnings Per Share $0.34
Diluted Earnings Per Share $330.7K -$20.56K
COMMON SHARES
Basic Shares Outstanding 2.091M shares
Diluted Shares Outstanding 2.144M shares

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $93.57K $62.68K
YoY Change 49.28% -11.09%
Cash & Equivalents $93.57K $62.68K
Short-Term Investments
Other Short-Term Assets $43.24K $23.90K
YoY Change 80.92% -38.98%
Inventory
Prepaid Expenses
Receivables $791.2K $321.4K
Other Receivables $0.00 $0.00
Total Short-Term Assets $928.1K $407.9K
YoY Change 127.5% -11.09%
LONG-TERM ASSETS
Property, Plant & Equipment $9.991M $9.627M
YoY Change 3.79% 3.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $225.0K $175.0K
YoY Change 28.57% 75.0%
Other Assets $23.14K $40.00
YoY Change 57750.0% -99.85%
Total Long-Term Assets $10.24M $9.802M
YoY Change 4.46% 4.0%
TOTAL ASSETS
Total Short-Term Assets $928.1K $407.9K
Total Long-Term Assets $10.24M $9.802M
Total Assets $11.17M $10.21M
YoY Change 9.38% 3.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.9K $112.3K
YoY Change 15.66% -23.72%
Accrued Expenses $53.29K $54.91K
YoY Change -2.95% -15.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $183.2K $167.2K
YoY Change 9.55% -21.28%
LONG-TERM LIABILITIES
Long-Term Debt $1.212M
YoY Change 151.16%
Other Long-Term Liabilities $834.9K $770.2K
YoY Change 8.4% -12.47%
Total Long-Term Liabilities $0.00 $1.982M
YoY Change -100.0% 45.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $183.2K $167.2K
Total Long-Term Liabilities $0.00 $1.982M
Total Liabilities $1.018M $2.150M
YoY Change -52.64% 36.49%
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 $10.15M $8.060M
YoY Change
Total Liabilities & Shareholders Equity $11.17M $10.21M
YoY Change 9.38% 3.3%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $708.8K -$41.97K
YoY Change -1788.9% -49.31%
Depreciation, Depletion And Amortization $280.1K $236.1K
YoY Change 18.6% 12.59%
Cash From Operating Activities $918.8K $97.77K
YoY Change 839.73% -37.72%
INVESTING ACTIVITIES
Capital Expenditures -$354.3K -$458.6K
YoY Change -22.74% -13.01%
Acquisitions
YoY Change
Other Investing Activities $96.66K $116.6K
YoY Change -17.07% 33202.86%
Cash From Investing Activities -$257.7K -$342.1K
YoY Change -24.67% -35.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -648.3K 254.4K
YoY Change -354.78% -12.26%
NET CHANGE
Cash From Operating Activities 918.8K 97.77K
Cash From Investing Activities -257.7K -342.1K
Cash From Financing Activities -648.3K 254.4K
Net Change In Cash 12.82K 10.15K
YoY Change 26.31% -112.71%
FREE CASH FLOW
Cash From Operating Activities $918.8K $97.77K
Capital Expenditures -$354.3K -$458.6K
Free Cash Flow $1.273M $556.4K
YoY Change 128.82% -18.68%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
USD
CY2021Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
shares
us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
shares
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
CY2020Q3 us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
USD
us-gaap Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
25051 USD

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