2021 Q2 Form 10-Q Financial Statement
#000114036121028456 Filed on August 16, 2021
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% |
Facts In Submission
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Revenues
|
13397000 | |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
753000 | |
CY2021Q2 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
0 | |
CY2021Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
6227000 | |
CY2021Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
4308000 | |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
11288000 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2109000 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
267000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1842000 | |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
634000 | |
CY2021Q2 | us-gaap |
Assets
Assets
|
1274811000 | |
CY2020Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
9848000 | |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
13806000 | |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
1375000 | |
CY2020Q2 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
300000 | |
CY2020Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
5464000 | |
CY2020Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3740000 | |
CY2020Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
10879000 | |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2927000 | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
433000 | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2494000 | |
CY2020Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
294000 | |
CY2020Q2 | us-gaap |
Assets
Assets
|
1221245000 | |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
20837000 | ||
us-gaap |
Revenues
Revenues
|
28509000 | ||
us-gaap |
Interest Expense
InterestExpense
|
1575000 | ||
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
150000 | ||
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12454000 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
8639000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
22818000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5691000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
837000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
4854000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
760000 | ||
CY2021Q2 | us-gaap |
Assets
Assets
|
1274811000 | |
us-gaap |
Revenues
Revenues
|
27070000 | ||
us-gaap |
Interest Expense
InterestExpense
|
2943000 | ||
us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
600000 | ||
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
11458000 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
7776000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
3744000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
662000 | ||
CY2020Q2 | us-gaap |
Assets
Assets
|
1221245000 |