2021 Q2 Form 10-Q Financial Statement

#000114036121028456 Filed on August 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $13.40M $13.81M
YoY Change -2.96% 0.73%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $510.0K $530.0K
YoY Change -3.77% -5.36%
% of Gross Profit
Operating Expenses $11.29M $10.88M
YoY Change 3.76% -8.56%
Operating Profit
YoY Change
Interest Expense $753.0K $1.375M
YoY Change -45.24% -14.17%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.109M $2.927M
YoY Change -27.95% 61.8%
Income Tax $267.0K $433.0K
% Of Pretax Income 12.66% 14.79%
Net Earnings $1.842M $2.494M
YoY Change -26.14% 53.38%
Net Earnings / Revenue 13.75% 18.06%
Basic Earnings Per Share $0.35 $0.48
Diluted Earnings Per Share $0.35 $0.48
COMMON SHARES
Basic Shares Outstanding 5.237M 5.220M
Diluted Shares Outstanding 5.237M 5.220M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $155.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $33.60M $35.50M
YoY Change -5.35% -2.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $900.0K $0.00
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.275B $1.221B
YoY Change 4.39% 18.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $5.300M $4.500M
YoY Change 17.78% 15.38%
Deferred Revenue
YoY Change
Short-Term Debt $12.24M $45.30M
YoY Change -72.98% 115.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.300M $4.500M
YoY Change 17.78% 15.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $1.700M
YoY Change -100.0% -26.09%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $1.700M
YoY Change -100.0% -26.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.300M $4.500M
Total Long-Term Liabilities $0.00 $1.700M
Total Liabilities $1.155B $1.105B
YoY Change 4.48% 19.89%
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 $119.9M $115.9M
YoY Change
Total Liabilities & Shareholders Equity $1.275B $1.221B
YoY Change 4.39% 18.63%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $1.842M $2.494M
YoY Change -26.14% 53.38%
Depreciation, Depletion And Amortization $510.0K $530.0K
YoY Change -3.77% -5.36%
Cash From Operating Activities $1.720M $750.0K
YoY Change 129.33% -76.78%
INVESTING ACTIVITIES
Capital Expenditures $634.0K $294.0K
YoY Change 115.65% 62.43%
Acquisitions
YoY Change
Other Investing Activities -$43.20M -$98.10M
YoY Change -55.96% -732.9%
Cash From Investing Activities -$43.83M -$98.39M
YoY Change -55.45% -742.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 20.21M 149.1M
YoY Change -86.45% -19984.0%
NET CHANGE
Cash From Operating Activities 1.720M 750.0K
Cash From Investing Activities -43.83M -98.39M
Cash From Financing Activities 20.21M 149.1M
Net Change In Cash -21.90M 51.49M
YoY Change -142.53% 189.27%
FREE CASH FLOW
Cash From Operating Activities $1.720M $750.0K
Capital Expenditures $634.0K $294.0K
Free Cash Flow $1.086M $456.0K
YoY Change 138.16% -85.04%

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