2022 Q1 Form 10-Q Financial Statement
#000089467122000013 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $10.66M | $11.13M |
| YoY Change | -4.22% | -5.59% |
| 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 | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | ||
| YoY Change | ||
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $667.0K | $1.078M |
| YoY Change | -38.13% | -39.47% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $5.048M | $4.252M |
| YoY Change | 18.72% | 293.34% |
| Income Tax | $923.0K | $721.0K |
| % Of Pretax Income | 18.28% | 16.96% |
| Net Earnings | $4.125M | $3.531M |
| YoY Change | 16.82% | 252.4% |
| Net Earnings / Revenue | 38.71% | 31.74% |
| Basic Earnings Per Share | $0.87 | $0.74 |
| Diluted Earnings Per Share | $866.4K | $737.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 4.772M | 4.787M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $163.7M | |
| 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 | $21.72M | $22.30M |
| YoY Change | -2.62% | 6.34% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $435.0K | $600.0K |
| YoY Change | -27.5% | 0.0% |
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $1.258B | $1.225B |
| YoY Change | 2.69% | 18.28% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $19.72M | $19.60M |
| YoY Change | 0.6% | 5.95% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | ||
| YoY Change | ||
| Long-Term Debt Due | $1.031M | $3.200M |
| YoY Change | -67.78% | -8.57% |
| Total Short-Term Liabilities | $20.75M | $22.80M |
| YoY Change | -9.0% | 3.64% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $9.607M | $8.500M |
| YoY Change | 13.02% | -6.59% |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $9.607M | $8.500M |
| YoY Change | 13.02% | -6.59% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $20.75M | $22.80M |
| Total Long-Term Liabilities | $9.607M | $8.500M |
| Total Liabilities | $1.122B | $1.087B |
| YoY Change | 3.14% | 20.11% |
| 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 | $136.6M | $137.7M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.258B | $1.225B |
| YoY Change | 2.69% | 18.28% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $4.125M | $3.531M |
| YoY Change | 16.82% | 252.4% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $2.563M | $690.0K |
| YoY Change | 271.45% | -62.07% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$202.0K | -$180.0K |
| YoY Change | 12.22% | -108.78% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$3.498M | $900.0K |
| YoY Change | -488.67% | -112.26% |
| Cash From Investing Activities | -$3.700M | $720.0K |
| YoY Change | -613.89% | -107.67% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 12.83M | 36.71M |
| YoY Change | -65.06% | 67.78% |
| NET CHANGE | ||
| Cash From Operating Activities | 2.563M | 690.0K |
| Cash From Investing Activities | -3.700M | 720.0K |
| Cash From Financing Activities | 12.83M | 36.71M |
| Net Change In Cash | 11.69M | 38.12M |
| YoY Change | -69.33% | 166.29% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $2.563M | $690.0K |
| Capital Expenditures | -$202.0K | -$180.0K |
| Free Cash Flow | $2.765M | $870.0K |
| YoY Change | 217.82% | -478.26% |
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