2024 Q3 Form 10-Q Financial Statement

#000114036124037331 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $21.99M $21.59M
YoY Change 6.39% 8.9%
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 $536.0K $547.0K
YoY Change -0.74% -1.97%
% of Gross Profit
Operating Expenses $18.89M $18.59M
YoY Change -1.37% 4.68%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.106M $3.002M
YoY Change 104.07% 45.16%
Income Tax $724.0K $473.0K
% Of Pretax Income 23.31% 15.76%
Net Earnings $2.382M $2.529M
YoY Change 74.89% 40.34%
Net Earnings / Revenue 10.83% 11.71%
Basic Earnings Per Share $0.47 $0.50
Diluted Earnings Per Share $0.47 $0.50
COMMON SHARES
Basic Shares Outstanding 5.076M 5.076M
Diluted Shares Outstanding 5.077M 5.065M

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $176.9M $92.75M
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 $30.41M $30.78M
YoY Change 0.49% 1.25%
Goodwill $1.650M $1.650M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $344.0K $344.0K
YoY Change 14.67% 0.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.478B $1.423B
YoY Change 2.14% -1.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $8.223M $6.083M
YoY Change -13.44% -26.26%
Deferred Revenue
YoY Change
Short-Term Debt $31.54M $31.11M
YoY Change -37.87% -8.76%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $39.77M $37.20M
YoY Change 268.2% -12.17%
LONG-TERM LIABILITIES
Long-Term Debt $29.77M $29.73M
YoY Change 0.56% 0.44%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $29.77M $29.73M
YoY Change 0.56% 0.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.77M $37.20M
Total Long-Term Liabilities $29.77M $29.73M
Total Liabilities $1.363B $1.313B
YoY Change 1.11% -2.03%
SHAREHOLDERS EQUITY
Retained Earnings $86.32M $85.00M
YoY Change 6.19% 5.41%
Common Stock $42.46M $42.30M
YoY Change 1.39% 1.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $115.5M $110.0M
YoY Change
Total Liabilities & Shareholders Equity $1.478B $1.423B
YoY Change 2.14% -1.37%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $2.382M $2.529M
YoY Change 74.89% 40.34%
Depreciation, Depletion And Amortization $536.0K $547.0K
YoY Change -0.74% -1.97%
Cash From Operating Activities $6.572M $958.0K
YoY Change 125.84% -39.33%
INVESTING ACTIVITIES
Capital Expenditures $164.0K $1.152M
YoY Change -59.0% 222.69%
Acquisitions
YoY Change
Other Investing Activities $31.36M $20.13M
YoY Change 96.98% -1456.27%
Cash From Investing Activities $31.20M $18.97M
YoY Change 101.13% -1130.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 46.34M -22.55M
YoY Change 817.68% -188.92%
NET CHANGE
Cash From Operating Activities 6.572M 958.0K
Cash From Investing Activities 31.20M 18.97M
Cash From Financing Activities 46.34M -22.55M
Net Change In Cash 84.11M -2.613M
YoY Change 258.37% -110.41%
FREE CASH FLOW
Cash From Operating Activities $6.572M $958.0K
Capital Expenditures $164.0K $1.152M
Free Cash Flow $6.408M -$194.0K
YoY Change 155.3% -115.88%

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