2018 Form 10-K Financial Statement
#000165495421003062 Filed on March 22, 2021
Income Statement
| Concept | 2018 |
|---|---|
| Revenue | $12.45M |
| YoY Change | 26.52% |
| Cost Of Revenue | $5.054M |
| YoY Change | 98.64% |
| Gross Profit | $7.394M |
| YoY Change | 1.37% |
| Gross Profit Margin | 59.4% |
| Selling, General & Admin | $3.255M |
| YoY Change | -0.05% |
| % of Gross Profit | 44.02% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $558.3K |
| YoY Change | -7.64% |
| % of Gross Profit | 7.55% |
| Operating Expenses | $4.737M |
| YoY Change | 8.88% |
| Operating Profit | $2.657M |
| YoY Change | -9.74% |
| Interest Expense | -$655.2K |
| YoY Change | -60.26% |
| % of Operating Profit | -24.66% |
| Other Income/Expense, Net | -$4.096M |
| YoY Change | 830.87% |
| Pretax Income | -$2.094M |
| YoY Change | -344.92% |
| Income Tax | $930.4K |
| % Of Pretax Income | |
| Net Earnings | -$3.062M |
| YoY Change | -9.53% |
| Net Earnings / Revenue | -24.6% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$0.14 |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding | 26.09M shares |
Balance Sheet
| Concept | 2018 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $76.19K |
| YoY Change | -83.48% |
| Cash & Equivalents | |
| Short-Term Investments | |
| Other Short-Term Assets | $688.3K |
| YoY Change | 1.17% |
| Inventory | $962.8K |
| Prepaid Expenses | |
| Receivables | $1.574M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $3.301M |
| YoY Change | -11.22% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $2.772M |
| YoY Change | 20.5% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $5.516M |
| YoY Change | -3.82% |
| Total Long-Term Assets | $12.38M |
| YoY Change | -18.4% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $3.301M |
| Total Long-Term Assets | $12.38M |
| Total Assets | $15.68M |
| YoY Change | -16.99% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $523.3K |
| YoY Change | -22.43% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $871.4K |
| YoY Change | 15.55% |
| Total Short-Term Liabilities | $1.395M |
| YoY Change | -2.38% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $5.438M |
| YoY Change | 1.11% |
| Other Long-Term Liabilities | $698.9K |
| YoY Change | -51.1% |
| Total Long-Term Liabilities | $6.137M |
| YoY Change | -9.85% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.395M |
| Total Long-Term Liabilities | $6.137M |
| Total Liabilities | $7.532M |
| YoY Change | -8.56% |
| 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 | $8.145M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $15.68M |
| YoY Change | -16.99% |
Cashflow Statement
| Concept | 2018 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.062M |
| YoY Change | -9.53% |
| Depreciation, Depletion And Amortization | $558.3K |
| YoY Change | -7.64% |
| Cash From Operating Activities | $1.431M |
| YoY Change | 2031.48% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.161M |
| YoY Change | -15.41% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$1.161M |
| YoY Change | -15.41% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -654.6K |
| YoY Change | -150.79% |
| NET CHANGE | |
| Cash From Operating Activities | 1.431M |
| Cash From Investing Activities | -1.161M |
| Cash From Financing Activities | -654.6K |
| Net Change In Cash | -384.9K |
| YoY Change | 2182.8% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $1.431M |
| Capital Expenditures | -$1.161M |
| Free Cash Flow | $2.592M |
| YoY Change | 80.03% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-.24 | |
| CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.02 | |
| CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
| CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23465512 | shares |
| CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23315695 | shares |
| CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
26094292 | shares |
| CY2020 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-5319446 | USD |
| CY2019 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-378065 | USD |
| CY2018 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-2849084 | USD |
