$OCC
OPTICAL CABLE CORP Stock $occ

$occ Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000143774921006018 Filed on March 15, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$11.88M	$12.89M
YoY Change	-7.84%	-23.06%
Cost Of Revenue	$9.567M	$10.48M
YoY Change	-8.74%	-20.51%
Gross Profit	$2.309M	$2.404M
YoY Change	-3.94%	-32.52%
Gross Profit Margin	19.44%	18.65%
Selling, General & Admin	$4.308M	$4.824M
YoY Change	-10.7%	-28.78%
% of Gross Profit	186.54%	200.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$324.3K	$393.0K
YoY Change	-17.49%	-11.38%
% of Gross Profit	14.04%	16.35%
Operating Expenses	$4.308M	$4.824M
YoY Change	-10.7%	-28.78%
Operating Profit	-$2.002M	-$2.448M
YoY Change	-18.18%	-24.01%
Interest Expense	$174.0K	$136.7K
YoY Change	27.29%	16.95%
% of Operating Profit
Other Income/Expense, Net	-$171.4K	-$139.3K
YoY Change	22.99%	19.36%
Pretax Income	-$2.174M	-$2.587M
YoY Change	-15.97%	-22.49%
Income Tax	-$32.34K	$5.033K
% Of Pretax Income
Net Earnings	-$2.141M	-$2.592M
YoY Change	-17.38%	-21.7%
Net Earnings / Revenue	-18.03%	-20.11%
Basic Earnings Per Share	-$0.29
Diluted Earnings Per Share	-$291.2K	-$353.8K
COMMON SHARES
Basic Shares Outstanding	7.536M	7.456M
Diluted Shares Outstanding

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$450.0K	$690.0K
YoY Change	-34.78%	64.29%
Cash & Equivalents	$452.0K	$693.7K
Short-Term Investments
Other Short-Term Assets	$370.0K	$370.0K
YoY Change	0.0%	-19.57%
Inventory	$17.38M	$17.18M
Prepaid Expenses
Receivables	$6.264M	$6.799M
Other Receivables	$30.00K	$50.00K
Total Short-Term Assets	$24.49M	$25.10M
YoY Change	-2.44%	-17.09%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.579M	$9.697M
YoY Change	-11.53%	-12.14%
Goodwill
YoY Change
Intangibles	$670.0K	$670.3K
YoY Change	-0.05%	2.88%
Long-Term Investments
YoY Change
Other Assets	$1.628M	$1.173M
YoY Change	38.81%	650.75%
Total Long-Term Assets	$10.88M	$11.57M
YoY Change	-5.95%	-2.76%
TOTAL ASSETS
Total Short-Term Assets	$24.49M	$25.10M
Total Long-Term Assets	$10.88M	$11.57M
Total Assets	$35.36M	$36.67M
YoY Change	-3.55%	-13.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.800M	$4.310M
YoY Change	-11.83%	-12.58%
Accrued Expenses	$1.930M	$1.440M
YoY Change	34.03%	-42.4%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$5.650M
YoY Change	-100.0%
Long-Term Debt Due	$315.3K	$500.4K
YoY Change	-36.99%	89.82%
Total Short-Term Liabilities	$9.363M	$11.92M
YoY Change	-21.44%	54.55%
LONG-TERM LIABILITIES
Long-Term Debt	$4.774M	$5.089M
YoY Change	-6.19%	-16.47%
Other Long-Term Liabilities	$1.452M	$977.1K
YoY Change	48.63%	1328.15%
Total Long-Term Liabilities	$6.226M	$6.066M
YoY Change	2.64%	-1.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.363M	$11.92M
Total Long-Term Liabilities	$6.226M	$6.066M
Total Liabilities	$22.21M	$17.98M
YoY Change	23.48%	-3.69%
SHAREHOLDERS EQUITY
Retained Earnings	-$883.7K	$4.787M
YoY Change	-118.46%	-50.88%
Common Stock	$14.04M	$13.89M
YoY Change	1.07%	1.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$13.16M	$18.68M
YoY Change
Total Liabilities & Shareholders Equity	$35.36M	$36.67M
YoY Change	-3.55%	-13.05%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	-$2.141M	-$2.592M
YoY Change	-17.38%	-21.7%
Depreciation, Depletion And Amortization	$324.3K	$393.0K
YoY Change	-17.49%	-11.38%
Cash From Operating Activities	$525.4K	$543.6K
YoY Change	-3.35%	-147.24%
INVESTING ACTIVITIES
Capital Expenditures	$41.45K	$46.70K
YoY Change	-11.26%	-85.3%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$56.60K	-$67.76K
YoY Change	-16.47%	-80.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$0.00
YoY Change		-100.0%
Debt Paid & Issued, Net	$76.44K
YoY Change
Cash From Financing Activities	-$157.7K	-$319.5K
YoY Change	-50.63%	-118.41%
NET CHANGE
Cash From Operating Activities	$525.4K	$543.6K
Cash From Investing Activities	-$56.60K	-$67.76K
Cash From Financing Activities	-$157.7K	-$319.5K
Net Change In Cash	$311.1K	$156.4K
YoY Change	98.91%	-35.01%
FREE CASH FLOW
Cash From Operating Activities	$525.4K	$543.6K
Capital Expenditures	$41.45K	$46.70K
Free Cash Flow	$484.0K	$496.9K
YoY Change	-2.6%	-133.84%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7561334	USD
CY2021Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7536116
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	517093	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	524617	USD
CY2021Q1	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2020Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2021Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2021Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2020Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2021Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2020Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2020Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7536116
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7536116
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7537087
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7537087
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	451960	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	140839	USD
CY2021Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6263921	USD
CY2021Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	0	USD
CY2020Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	25003	USD
CY2021Q1	us-gaap	Other Receivables OtherReceivables	21774	USD
CY2020Q4	us-gaap	Other Receivables OtherReceivables	23145	USD
CY2021Q1	us-gaap	Inventory Net InventoryNet	17380161	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	17099767	USD
CY2021Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	369268	USD
CY2020Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	472516	USD
CY2021Q1	us-gaap	Assets Current AssetsCurrent	24487084	USD
CY2020Q4	us-gaap	Assets Current AssetsCurrent	25322604	USD
CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8579203	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8811863	USD
CY2021Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	669991	USD
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	665731	USD
CY2021Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1628407	USD
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1757614	USD
CY2021Q1	us-gaap	Assets Assets	35364685	USD
CY2020Q4	us-gaap	Assets Assets	36557812	USD
CY2021Q1	us-gaap	Loans Payable Current LoansPayableCurrent	315269	USD
CY2020Q4	us-gaap	Loans Payable Current LoansPayableCurrent	312109	USD
CY2021Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4136965	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	2861343	USD
CY2021Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1596825	USD
CY2020Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1463307	USD
CY2021Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	16761	USD
CY2020Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	13986	USD
CY2021Q1	us-gaap	Liabilities Current LiabilitiesCurrent	9363007	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6266149	USD
CY2021Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	4932377	USD
CY2020Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	4988660	USD
CY2021Q1	us-gaap	Long Term Loans Payable LongTermLoansPayable	4773854	USD
CY2020Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	4853457	USD
CY2021Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1452191	USD
CY2020Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1823632	USD
CY2021Q1	us-gaap	Liabilities Liabilities	22205642	USD
CY2020Q4	us-gaap	Liabilities Liabilities	21297894	USD
CY2021Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2020Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	14042735	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	14002130	USD
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-883692	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1257788	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13159043	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	15259918	USD
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	35364685	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	36557812	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11876573	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	12887396	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	9567183	USD
CY2020Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	10483256	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	2309390	USD
CY2020Q1	us-gaap	Gross Profit GrossProfit	2404140	USD
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4307924	USD
CY2020Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4824124	USD
CY2021Q1	occ	Royalty Revenue Expense RoyaltyRevenueExpense	6967	USD
CY2020Q1	occ	Royalty Revenue Expense RoyaltyRevenueExpense	-17558	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10894	USD
CY2020Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9991	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2002461	USD
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2447533	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	173983	USD
CY2020Q1	us-gaap	Interest Expense InterestExpense	136687	USD
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2628	USD
CY2020Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2635	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-171355	USD
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-139322	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2173816	USD
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CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-32336	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5033	USD
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CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-2591888	USD
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CY2020Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	46702	USD
CY2021Q1	occ	Payments For Proceeds From Intangible Assets PaymentsForProceedsFromIntangibleAssets	15154	USD
CY2020Q1	occ	Payments For Proceeds From Intangible Assets PaymentsForProceedsFromIntangibleAssets	21060	USD
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CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	15259918	USD
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CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	324261	USD
CY2020Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	392978	USD
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CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	34356	USD
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CY2020Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-2782	USD
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CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	156410	USD
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CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	537330	USD
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	517093	USD
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CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	451960	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	693740	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	524617	USD
CY2019Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	99562	USD
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-7524	USD
CY2020Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-14838	USD
CY2021Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	5289945	USD
CY2020Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	4663978	USD
CY2021Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	3560464	USD
CY2020Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	4165289	USD
CY2021Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	8268453	USD
CY2020Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	8010794	USD
CY2021Q1	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	261299	USD
CY2020Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	259706	USD
CY2021Q1	us-gaap	Inventory Net InventoryNet	17380161	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	17099767	USD
CY2021Q1	us-gaap	Product Warranty Expense ProductWarrantyExpense	18348	USD
CY2020Q1	us-gaap	Product Warranty Expense ProductWarrantyExpense	37257	USD
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	85000	USD
CY2019Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	120000	USD
CY2021Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	50251	USD
CY2020Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	69549	USD
CY2021Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	18348	USD
CY2020Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	12743	USD
CY2021Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-31903	USD
CY2020Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-106806	USD
CY2021Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	85000	USD
CY2020Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	70000	USD
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	5089123	USD
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	5165566	USD
CY2021Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	315269	USD
CY2020Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	312109	USD
CY2021Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4773854	USD
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4853457	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	389807	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	327071	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	274132	USD
CY2021Q1	occ	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	26370	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1309478	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	111951	USD
CY2021Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	97300	USD
CY2020Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	94199	USD
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	USD
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1088719	USD
CY2021Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	100348	USD
CY2020Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	95871	USD
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P41M15D
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.051	pure
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	292098	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2141480	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-2591888	USD
CY2021Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7352781
CY2020Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7322195
CY2021Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.29
CY2020Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.35
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	183346
CY2020Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	136786
CY2021Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	104225	USD
CY2020Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	63283	USD
CY2021Q1	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	138733	USD
CY2020Q4	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	119989	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11876573	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	12887396	USD
CY2021Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<table border="0" cellpadding="0" cellspacing="0" style="width: 100%; text-indent: 0px;"><tbody><tr style="vertical-align: top;"><td style="width: 27pt;"> <p style="margin: 0pt; text-align: left; font-family: Times New Roman; font-size: 10pt;"><b>(<em class="GFJY4-DIN-com-rdg-thunderdome-client-resources-CssResource-html-element-highlighted" style="font: inherit;">13</em>) </b></p> </td><td> <p style="margin: 0pt; text-align: left; font-family: Times New Roman; font-size: 10pt;"><b>New Accounting Standards <em style="font: inherit;">Not</em> Yet Adopted</b></p> </td></tr> </tbody></table> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt 0pt 0pt 27pt;">In <em style="font: inherit;"> December 2019, </em>the FASB issued Accounting Standards Update <em style="font: inherit;">2019</em>-<em style="font: inherit;">12,</em> <i>Income Taxes (Topic <em style="font: inherit;">740</em>): Simplifying the Accounting for Income Taxes </i>(“ASU <em style="font: inherit;">2019</em>-<em style="font: inherit;">12”</em>), which is intended to simplify various aspects related to accounting for income taxes. ASU <em style="font: inherit;">2019</em>-<em style="font: inherit;">12</em> removes certain exceptions to the general principles in Topic <em style="font: inherit;">740</em> and also clarifies and amends existing guidance to improve consistent application. ASU <em style="font: inherit;">2019</em>-<em style="font: inherit;">12</em> is effective for fiscal years beginning after <em style="font: inherit;"> December 15, 2020, </em>with early adoption permitted. The adoption of ASU <em style="font: inherit;">2019</em>-<em style="font: inherit;">12</em> is <em style="font: inherit;">not</em> expected to have a material impact on the Company’s results of operations, financial position or liquidity or its related financial statement disclosures.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 28pt;">There are <em style="font: inherit;">no</em> other new accounting standards issued, but <em class="GFJY4-DIN-com-rdg-thunderdome-client-resources-CssResource-html-element-highlighted" style="font: inherit;">not</em> yet adopted by the Company, which are expected to materially impact the Company’s financial position, operating results or financial statement disclosures.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt 0pt 0pt 28pt;"/>

Files In Submission

Name	View Source	Status
0001437749-21-006018-index-headers.html	Edgar Link	pending
0001437749-21-006018-index.html	Edgar Link	pending
0001437749-21-006018.txt	Edgar Link	pending
0001437749-21-006018-xbrl.zip	Edgar Link	pending
ex_232190.htm	Edgar Link	pending
ex_232191.htm	Edgar Link	pending
ex_232192.htm	Edgar Link	pending
ex_232193.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
occ-20210131.xsd	Edgar Link	pending
occ-20210131_cal.xml	Edgar Link	unprocessable
occ-20210131_def.xml	Edgar Link	unprocessable
occ-20210131_lab.xml	Edgar Link	unprocessable
occ-20210131_pre.xml	Edgar Link	unprocessable
occ20210131_10q.htm	Edgar Link	pending
occ20210131_10q_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$OCC
OPTICAL CABLE CORP Stock $occ

2021 Q1 Form 10-Q Financial Statement

#000143774921006018 Filed on March 15, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC OPTICAL CABLE CORP Stock $occ

2021 Q1 Form 10-Q Financial Statement

#000143774921006018 Filed on March 15, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC
OPTICAL CABLE CORP Stock $occ