2022 Q2 Form 10-Q Financial Statement

#000117148622000028 Filed on May 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q1
Revenue $99.59M $89.72M $37.09M
YoY Change 159.38% 141.87% -7.76%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $15.07M $12.54M $9.662M
YoY Change 76.06% 29.82% 6.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.847M $3.868M $5.092M
YoY Change 20.04% -24.04% 153.08%
% of Gross Profit
Operating Expenses $20.96M $16.43M $18.80M
YoY Change 55.87% -12.59% 68.93%
Operating Profit $78.98M $73.29M $18.35M
YoY Change 215.08% 299.29% -36.9%
Interest Expense $8.108M $9.387M $9.973M
YoY Change -16.27% -5.88% -3.25%
% of Operating Profit 10.27% 12.81% 54.34%
Other Income/Expense, Net $12.16M $9.387M $9.973M
YoY Change 25.54% -5.88% -3.25%
Pretax Income $66.82M $63.90M $8.381M
YoY Change 334.4% 662.43% -55.37%
Income Tax
% Of Pretax Income
Net Earnings $66.82M $63.90M $8.381M
YoY Change 334.4% 662.43% -55.37%
Net Earnings / Revenue 67.1% 71.22% 22.6%
Basic Earnings Per Share
Diluted Earnings Per Share $3.356M $3.170M $675.5K
COMMON SHARES
Basic Shares Outstanding 12.51M shares 12.51M shares 12.35M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $59.36M $135.6M $96.77M
YoY Change -39.38% 40.12% -3.72%
Cash & Equivalents $59.36M $135.6M $96.77M
Short-Term Investments
Other Short-Term Assets $3.204M $3.510M $3.021M
YoY Change -20.65% 16.19% 159.09%
Inventory
Prepaid Expenses
Receivables $37.29M $32.73M $15.92M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $99.85M $171.8M $115.7M
YoY Change -14.85% 48.5% -14.79%
LONG-TERM ASSETS
Property, Plant & Equipment $452.5M $458.0M $475.6M
YoY Change -3.96% -3.71% -24.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $280.3M $280.2M $261.3M
YoY Change 5.2% 7.22% 0.03%
Other Assets $4.664M $5.528M $6.678M
YoY Change -23.35% -17.22% -1.42%
Total Long-Term Assets $783.3M $790.5M $793.5M
YoY Change -1.22% -0.38% -16.27%
TOTAL ASSETS
Total Short-Term Assets $99.85M $171.8M $115.7M
Total Long-Term Assets $783.3M $790.5M $793.5M
Total Assets $883.1M $962.3M $909.2M
YoY Change -2.97% 5.84% -16.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.969M $1.896M $1.375M
YoY Change 52.28% 37.89% 8.1%
Accrued Expenses $5.507M $3.388M $4.853M
YoY Change -4.16% -30.19% -19.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $39.07M $39.05M $39.04M
YoY Change 0.03% 0.01% -14.69%
Total Short-Term Liabilities $59.07M $68.21M $64.67M
YoY Change 2.17% 5.48% -5.51%
LONG-TERM LIABILITIES
Long-Term Debt $259.3M $378.2M $416.1M
YoY Change -37.38% -9.12% -8.37%
Other Long-Term Liabilities $5.012M $4.803M $4.730M
YoY Change 4.0% 1.54% -1.54%
Total Long-Term Liabilities $264.3M $383.0M $420.9M
YoY Change -36.91% -9.0% -8.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.07M $68.21M $64.67M
Total Long-Term Liabilities $264.3M $383.0M $420.9M
Total Liabilities $364.2M $490.3M $536.4M
YoY Change -31.09% -8.59% -7.75%
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 $519.0M $472.0M $372.8M
YoY Change
Total Liabilities & Shareholders Equity $883.1M $962.3M $909.2M
YoY Change -2.97% 5.84% -16.08%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $66.82M $63.90M $8.381M
YoY Change 334.4% 662.43% -55.37%
Depreciation, Depletion And Amortization $5.847M $3.868M $5.092M
YoY Change 20.04% -24.04% 153.08%
Cash From Operating Activities $63.12M $52.33M $23.20M
YoY Change 371.63% 125.56% -27.18%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $909.0K $0.00 $600.0K
YoY Change 38.36% -100.0% 191.26%
Cash From Investing Activities $909.0K $0.00 $600.0K
YoY Change 38.36% -100.0% 191.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $16.70M $16.70M
YoY Change 0.01% 0.0%
Cash From Financing Activities -140.3M -$52.26M -$26.82M
YoY Change 987.33% 94.84% -10.07%
NET CHANGE
Cash From Operating Activities 63.12M $52.33M $23.20M
Cash From Investing Activities 909.0K $0.00 $600.0K
Cash From Financing Activities -140.3M -$52.26M -$26.82M
Net Change In Cash -76.23M $70.00K -$3.023M
YoY Change -6781.33% -102.32% -234.9%
FREE CASH FLOW
Cash From Operating Activities $63.12M $52.33M $23.20M
Capital Expenditures $0.00
Free Cash Flow $52.33M
YoY Change

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7900000 USD
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3800000 USD
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CY2021Q4 nrp Unaccrued Cost Associated With Outstanding Grants And Related Distribution Equivalent Rights
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CY2022Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2022Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
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28.96
CY2022Q1 us-gaap Lessor Operating Lease Renewal Term
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P80Y
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q1 us-gaap Contract With Customer Asset Gross
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CY2022Q1 us-gaap Provision For Loan Losses Expensed
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56928000 USD
CY2021Q1 us-gaap Provision For Loan Losses Expensed
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-400000 USD

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