2024 Q3 Form 10-Q Financial Statement

#000121390024068633 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $825.8K $629.9K
YoY Change 31.1% 1865.45%
Cost Of Revenue $543.9K $386.2K
YoY Change 40.82% 904.21%
Gross Profit $281.9K $243.7K
YoY Change 15.68% -3899.56%
Gross Profit Margin 34.13% 38.68%
Selling, General & Admin $1.881M $1.862M
YoY Change 1.0% 21.75%
% of Gross Profit 667.36% 764.32%
Research & Development $1.195M $1.892M
YoY Change -36.84% 54.36%
% of Gross Profit 423.84% 776.27%
Depreciation & Amortization $57.53K $51.38K
YoY Change 11.97% 98.16%
% of Gross Profit 20.41% 21.09%
Operating Expenses $3.076M $3.754M
YoY Change -18.06% 36.26%
Operating Profit -$2.794M -$3.510M
YoY Change -20.41% 27.12%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $26.38K $41.46K
YoY Change -36.38% 2324.56%
Pretax Income -$2.768M -$3.469M
YoY Change -20.22% 25.69%
Income Tax
% Of Pretax Income
Net Earnings -$2.768M -$3.469M
YoY Change -20.22% 25.69%
Net Earnings / Revenue -335.14% -550.68%
Basic Earnings Per Share -$0.10 -$0.20
Diluted Earnings Per Share -$0.10 -$0.20
COMMON SHARES
Basic Shares Outstanding 30.81M shares 27.52M shares 17.56M shares
Diluted Shares Outstanding 27.35M shares 17.58M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.620M $3.083M
YoY Change -47.46% -69.71%
Cash & Equivalents $1.460M $1.620M $3.083M
Short-Term Investments $0.00
Other Short-Term Assets $261.5K $278.8K
YoY Change -6.21% -6.0%
Inventory $2.635M $1.793M $1.517M
Prepaid Expenses $278.8K
Receivables $176.6K $410.6K
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.631M $4.085M $4.879M
YoY Change -36.67% -16.26% -55.36%
LONG-TERM ASSETS
Property, Plant & Equipment $416.8K $472.5K $586.9K
YoY Change -20.72% -19.49% 86.16%
Goodwill
YoY Change
Intangibles $67.26K $72.84K $95.16K
YoY Change -24.91% -23.45% -19.0%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $739.0K $827.2K $879.4K
YoY Change -5.78% -5.94% 37.04%
TOTAL ASSETS
Total Short-Term Assets $4.631M $4.085M $4.879M
Total Long-Term Assets $739.0K $827.2K $879.4K
Total Assets $5.370M $4.913M $5.758M
YoY Change -33.68% -14.68% -50.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.029M $759.3K $958.8K
YoY Change 50.23% -20.81% 194.99%
Accrued Expenses $1.184M $931.7K $789.1K
YoY Change 6.91% 18.07% 61.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.213M $1.691M $1.748M
YoY Change 23.46% -3.26% 114.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $209.9K $88.92K
YoY Change 136.07% -35.55%
Total Long-Term Liabilities $209.9K $88.92K
YoY Change 136.07% -35.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.213M $1.691M $1.748M
Total Long-Term Liabilities $209.9K $88.92K
Total Liabilities $4.548M $1.901M $1.837M
YoY Change 146.11% 3.49% 92.85%
SHAREHOLDERS EQUITY
Retained Earnings -$75.00M -$71.70M -$59.55M
YoY Change 19.64% 20.4% 20.42%
Common Stock $30.82K $27.85K $17.86K
YoY Change 28.78% 55.9% 10.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $822.0K $3.012M $3.921M
YoY Change
Total Liabilities & Shareholders Equity $5.370M $4.913M $5.758M
YoY Change -33.68% -14.68% -50.24%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income -$2.768M -$3.469M
YoY Change -20.22% 25.69%
Depreciation, Depletion And Amortization $57.53K $51.38K
YoY Change 11.97% 98.16%
Cash From Operating Activities -$2.360M -$2.940M
YoY Change -19.72% 11.52%
INVESTING ACTIVITIES
Capital Expenditures $14.80K $139.3K
YoY Change -89.37% -356.85%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.000M
YoY Change -100.0%
Cash From Investing Activities -$14.80K $860.7K
YoY Change -101.72% -1687.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.561M 1.561M
YoY Change -0.02%
NET CHANGE
Cash From Operating Activities -2.360M -2.940M
Cash From Investing Activities -14.80K 860.7K
Cash From Financing Activities 1.561M 1.561M
Net Change In Cash -814.7K -518.7K
YoY Change 57.06% -80.72%
FREE CASH FLOW
Cash From Operating Activities -$2.360M -$2.940M
Capital Expenditures $14.80K $139.3K
Free Cash Flow -$2.375M -$3.080M
YoY Change -22.87% 19.25%

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Files In Submission

Name View Source Status
nmtc-20240630_cal.xml Edgar Link unprocessable
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0001213900-24-068633-index.html Edgar Link pending
0001213900-24-068633.txt Edgar Link pending
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