$OCC
OPTICAL CABLE CORP Stock $occ

$occ Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000143774922006521 Filed on March 17, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$14.44M	$11.88M
YoY Change	21.59%	-7.84%
Cost Of Revenue	$10.39M	$9.567M
YoY Change	8.65%	-8.74%
Gross Profit	$4.046M	$2.309M
YoY Change	75.19%	-3.94%
Gross Profit Margin	28.02%	19.44%
Selling, General & Admin	$4.780M	$4.308M
YoY Change	10.96%	-10.7%
% of Gross Profit	118.15%	186.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$286.0K	$324.3K
YoY Change	-11.81%	-17.49%
% of Gross Profit	7.07%	14.04%
Operating Expenses	$4.780M	$4.308M
YoY Change	10.96%	-10.7%
Operating Profit	-$753.4K	-$2.002M
YoY Change	-62.38%	-18.18%
Interest Expense	$158.3K	$174.0K
YoY Change	-9.04%	27.29%
% of Operating Profit
Other Income/Expense, Net	-$169.6K	-$171.4K
YoY Change	-1.0%	22.99%
Pretax Income	-$923.0K	-$2.174M
YoY Change	-57.54%	-15.97%
Income Tax	$12.75K	-$32.34K
% Of Pretax Income
Net Earnings	-$935.8K	-$2.141M
YoY Change	-56.3%	-17.38%
Net Earnings / Revenue	-6.48%	-18.03%
Basic Earnings Per Share	-$0.12	-$0.29
Diluted Earnings Per Share	-$124.6K	-$291.2K
COMMON SHARES
Basic Shares Outstanding	7.850M	7.536M
Diluted Shares Outstanding

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments		$450.0K
YoY Change		-34.78%
Cash & Equivalents	$138.0K	$452.0K
Short-Term Investments
Other Short-Term Assets		$370.0K
YoY Change		0.0%
Inventory	$17.91M	$17.38M
Prepaid Expenses
Receivables	$8.392M	$6.264M
Other Receivables		$30.00K
Total Short-Term Assets	$29.09M	$24.49M
YoY Change	18.81%	-2.44%
LONG-TERM ASSETS
Property, Plant & Equipment	$7.790M	$8.579M
YoY Change	-9.2%	-11.53%
Goodwill
YoY Change
Intangibles	$642.8K	$670.0K
YoY Change	-4.06%	-0.05%
Long-Term Investments
YoY Change
Other Assets	$1.577M	$1.628M
YoY Change	-3.14%	38.81%
Total Long-Term Assets	$10.01M	$10.88M
YoY Change	-7.97%	-5.95%
TOTAL ASSETS
Total Short-Term Assets	$29.09M	$24.49M
Total Long-Term Assets	$10.01M	$10.88M
Total Assets	$39.10M	$35.36M
YoY Change	10.57%	-3.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$3.800M
YoY Change		-11.83%
Accrued Expenses		$1.930M
YoY Change		34.03%
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change		-100.0%
Long-Term Debt Due	$328.1K	$315.3K
YoY Change	4.08%	-36.99%
Total Short-Term Liabilities	$6.833M	$9.363M
YoY Change	-27.02%	-21.44%
LONG-TERM LIABILITIES
Long-Term Debt	$4.446M	$4.774M
YoY Change	-6.87%	-6.19%
Other Long-Term Liabilities	$1.004M	$1.452M
YoY Change	-30.85%	48.63%
Total Long-Term Liabilities	$5.450M	$6.226M
YoY Change	-12.47%	2.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.833M	$9.363M
Total Long-Term Liabilities	$5.450M	$6.226M
Total Liabilities	$17.81M	$22.21M
YoY Change	-19.78%	23.48%
SHAREHOLDERS EQUITY
Retained Earnings	$6.933M	-$883.7K
YoY Change	-884.49%	-118.46%
Common Stock	$14.36M	$14.04M
YoY Change	2.24%	1.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$21.29M	$13.16M
YoY Change
Total Liabilities & Shareholders Equity	$39.10M	$35.36M
YoY Change	10.57%	-3.55%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	-$935.8K	-$2.141M
YoY Change	-56.3%	-17.38%
Depreciation, Depletion And Amortization	$286.0K	$324.3K
YoY Change	-11.81%	-17.49%
Cash From Operating Activities	-$1.864M	$525.4K
YoY Change	-454.84%	-3.35%
INVESTING ACTIVITIES
Capital Expenditures	$73.29K	$41.45K
YoY Change	76.83%	-11.26%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$81.29K	-$56.60K
YoY Change	43.63%	-16.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$79.60K	$76.44K
YoY Change	4.13%
Cash From Financing Activities	$1.952M	-$157.7K
YoY Change	-1337.29%	-50.63%
NET CHANGE
Cash From Operating Activities	-$1.864M	$525.4K
Cash From Investing Activities	-$81.29K	-$56.60K
Cash From Financing Activities	$1.952M	-$157.7K
Net Change In Cash	$5.755K	$311.1K
YoY Change	-98.15%	98.91%
FREE CASH FLOW
Cash From Operating Activities	-$1.864M	$525.4K
Capital Expenditures	$73.29K	$41.45K
Free Cash Flow	-$1.938M	$484.0K
YoY Change	-500.37%	-2.6%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7897477
CY2022Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7849998
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	57199	USD
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	61527	USD
CY2022Q1	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2021Q4	us-gaap	Preferred Stock No Par Value PreferredStockNoParValue	0
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000
CY2022Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2022Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2021Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7849998
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7849998
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7897477
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Other Receivables OtherReceivables	2204456	USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	USD
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	138004	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	132249	USD
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8392225	USD
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	8376000	USD
CY2022Q1	us-gaap	Other Receivables OtherReceivables	2183748	USD
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	10394443	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	9567183	USD
CY2022Q1	us-gaap	Inventory Net InventoryNet	17906903	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22205953	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	39103000	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	37916530	USD
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	14440295	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11876573	USD
CY2022Q1	us-gaap	Gross Profit GrossProfit	4045852	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	2309390	USD
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4780199	USD
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4307924	USD
CY2022Q1	occ	Royalty Revenue Expense RoyaltyRevenueExpense	-6958	USD
CY2021Q1	occ	Royalty Revenue Expense RoyaltyRevenueExpense	6967	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	12095	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10894	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-753400	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	16303808	USD
CY2022Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	471902	USD
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	549350	USD
CY2022Q1	us-gaap	Assets Current AssetsCurrent	29092782	USD
CY2021Q4	us-gaap	Assets Current AssetsCurrent	27565863	USD
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7790237	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7912851	USD
CY2022Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	642771	USD
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	646860	USD
CY2022Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1577210	USD
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1790956	USD
CY2022Q1	us-gaap	Assets Assets	39103000	USD
CY2021Q4	us-gaap	Assets Assets	37916530	USD
CY2022Q1	us-gaap	Loans Payable Current LoansPayableCurrent	328130	USD
CY2021Q4	us-gaap	Loans Payable Current LoansPayableCurrent	324840	USD
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4811144	USD
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	4275880	USD
CY2022Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1668201	USD
CY2021Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1553771	USD
CY2022Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	25272	USD
CY2021Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	13121	USD
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	6832747	USD
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	6167612	USD
CY2022Q1	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	5530405	USD
CY2021Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	3465908	USD
CY2022Q1	us-gaap	Long Term Loans Payable LongTermLoansPayable	4445724	USD
CY2021Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	4528611	USD
CY2022Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1004161	USD
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1548446	USD
CY2022Q1	us-gaap	Liabilities Liabilities	17813037	USD
CY2021Q4	us-gaap	Liabilities Liabilities	15710577	USD
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	14357452	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	14337649	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	6932511	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	7868304	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	21289963	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2002461	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	158260	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	173983	USD
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-11385	USD
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2628	USD
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-169645	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-171355	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-923045	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2173816	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12748	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-32336	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-935793	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2141480	USD
CY2022Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2021Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.29
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	22205953	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	19803	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-935793	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	21289963	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	15259918	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	40605	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2141480	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	13159043	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-935793	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2141480	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	285954	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	324261	USD
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-4328	USD
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-7524	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	124439	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	40605	USD
CY2022Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-12008	USD
CY2021Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-3167	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11897	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1304937	USD
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-20708	USD
CY2021Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-1371	USD
CY2022Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1603095	USD
CY2021Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	280394	USD
CY2022Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-77448	USD
CY2021Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-103248	USD
CY2022Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-0	USD
CY2021Q1	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-25003	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-96340	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-84519	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	457661	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1277881	USD
CY2022Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	114430	USD
CY2021Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	133518	USD
CY2022Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	12151	USD
CY2021Q1	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	2775	USD
CY2022Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-510513	USD
CY2021Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-346441	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1864487	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	525446	USD
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	73286	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	41445	USD
CY2022Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	8006	USD
CY2021Q1	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	15154	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-81292	USD
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-4328	USD
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-7524	USD
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	57199	USD
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	517093	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-56599	USD
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	79597	USD
CY2021Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	76443	USD
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	25000	USD
CY2021Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	25000	USD
CY2022Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	8366	USD
CY2021Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	-0	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1951534	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-157726	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5755	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	311121	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	132249	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	140839	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	138004	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	451960	USD
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	61527	USD
CY2020Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	524617	USD
CY2022Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	55243	USD
CY2021Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	50251	USD
CY2022Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	7894	USD
CY2021Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	18348	USD
CY2022Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-47349	USD
CY2021Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	75000	USD
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	85000	USD
CY2022Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	3793054	USD
CY2021Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	4211098	USD
CY2022Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	4400300	USD
CY2021Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	4023693	USD
CY2022Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	9355877	USD
CY2021Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	7763325	USD
CY2022Q1	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	357672	USD
CY2021Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	305692	USD
CY2022Q1	us-gaap	Inventory Net InventoryNet	17906903	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	16303808	USD
CY2022Q1	us-gaap	Product Warranty Expense ProductWarrantyExpense	7894	USD
CY2021Q1	us-gaap	Product Warranty Expense ProductWarrantyExpense	18348	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	325201	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	32151	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	382716	USD
CY2021Q1	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	-31903	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	42868	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	331438	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	42868	USD
CY2022Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	75000	USD
CY2021Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	85000	USD
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	4773854	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	4853451	USD
CY2022Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	328130	USD
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	324840	USD
CY2022Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4445724	USD
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	4528611	USD
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	103333	USD
CY2021Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	100348	USD
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P32Y4M24D
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050	pure
CY2022Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	107284	USD
CY2021Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	97300	USD
CY2022Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2350	USD
CY2022Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	7374	USD
CY2022Q1	us-gaap	Lessee Finance Lease Remaining Lease Term LesseeFinanceLeaseRemainingLeaseTerm	P55Y
CY2022Q1	us-gaap	Lessee Finance Lease Discount Rate LesseeFinanceLeaseDiscountRate	0.0475	pure
CY2022Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	2350	USD
CY2022Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	8366	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	55023	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	42868	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	0	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	55715	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1094378	USD
CY2022Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	216470	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	72881	USD
CY2022Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	24132	USD
CY2021Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	308406	USD
CY2022Q1	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	173865	USD
CY2021Q4	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	159125	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-935793	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2141480	USD
CY2022Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7511190
CY2021Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7352781
CY2022Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2021Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.29
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	363450
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	183346
CY2022Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	215466	USD
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	14440295	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11876573	USD

Files In Submission

Name	View Source	Status
0001437749-22-006521-index-headers.html	Edgar Link	pending
0001437749-22-006521-index.html	Edgar Link	pending
0001437749-22-006521.txt	Edgar Link	pending
0001437749-22-006521-xbrl.zip	Edgar Link	pending
ex_342992.htm	Edgar Link	pending
ex_342993.htm	Edgar Link	pending
ex_342994.htm	Edgar Link	pending
ex_342995.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
occ-20220131.xsd	Edgar Link	pending
occ-20220131_cal.xml	Edgar Link	unprocessable
occ-20220131_def.xml	Edgar Link	unprocessable
occ-20220131_lab.xml	Edgar Link	unprocessable
occ-20220131_pre.xml	Edgar Link	unprocessable
occ20220131_10q.htm	Edgar Link	pending
occ20220131_10q_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
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

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$OCC
OPTICAL CABLE CORP Stock $occ

2022 Q1 Form 10-Q Financial Statement

#000143774922006521 Filed on March 17, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC OPTICAL CABLE CORP Stock $occ

2022 Q1 Form 10-Q Financial Statement

#000143774922006521 Filed on March 17, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$OCC
OPTICAL CABLE CORP Stock $occ