2023 Q4 Form 10-Q Financial Statement

#000107997323001522 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $12.59M $11.94M
YoY Change 11.58% 7.68%
Cost Of Revenue $9.786M $8.280M
YoY Change 13.02% 1.83%
Gross Profit $2.802M $3.658M
YoY Change 6.82% 23.75%
Gross Profit Margin 22.26% 30.64%
Selling, General & Admin $1.237M $1.020M
YoY Change 21.39% -5.29%
% of Gross Profit 44.15% 27.88%
Research & Development $788.0K $805.0K
YoY Change 68.74% -13.35%
% of Gross Profit 28.12% 22.01%
Depreciation & Amortization $288.0K $282.0K
YoY Change 50.79% 46.11%
% of Gross Profit 10.28% 7.71%
Operating Expenses $2.025M $1.825M
YoY Change 36.27% -9.02%
Operating Profit $777.0K $1.833M
YoY Change -31.66% 92.95%
Interest Expense $139.0K $133.0K
YoY Change 8.59% 2.31%
% of Operating Profit 17.89% 7.26%
Other Income/Expense, Net -$2.662M
YoY Change -873.84%
Pretax Income $620.0K -$829.0K
YoY Change -47.19% -164.06%
Income Tax $120.0K -$214.0K
% Of Pretax Income 19.35%
Net Earnings $500.0K -$615.0K
YoY Change -43.12% -157.16%
Net Earnings / Revenue 3.97% -5.15%
Basic Earnings Per Share $0.14 -$0.17
Diluted Earnings Per Share $0.14 -$0.17
COMMON SHARES
Basic Shares Outstanding 3.547M shares 3.547M shares
Diluted Shares Outstanding 3.612M shares 3.547M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.601M $8.006M
YoY Change 165.3% 45.56%
Cash & Equivalents $1.289M $1.904M
Short-Term Investments $7.312M $6.102M
Other Short-Term Assets $1.313M $790.0K
YoY Change -21.09% -47.85%
Inventory $15.03M $16.26M
Prepaid Expenses
Receivables $13.17M $11.03M
Other Receivables $0.00 $420.0K
Total Short-Term Assets $36.60M $31.42M
YoY Change 16.61% -1.29%
LONG-TERM ASSETS
Property, Plant & Equipment $5.331M $4.952M
YoY Change 2.46% 2.06%
Goodwill
YoY Change
Intangibles $68.00K $75.00K
YoY Change -30.61% -30.56%
Long-Term Investments $1.509M $5.090M
YoY Change -12.57% 169.45%
Other Assets $42.00K $42.00K
YoY Change 0.0% 0.0%
Total Long-Term Assets $14.83M $18.16M
YoY Change -8.43% 12.59%
TOTAL ASSETS
Total Short-Term Assets $36.60M $31.42M
Total Long-Term Assets $14.83M $18.16M
Total Assets $51.43M $49.59M
YoY Change 8.09% 3.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.909M $2.740M
YoY Change -13.53% -22.8%
Accrued Expenses $2.846M $2.701M
YoY Change -14.12% -16.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.846M $2.840M
YoY Change 23.67% -13.86%
Total Short-Term Liabilities $9.990M $8.281M
YoY Change -14.36% -29.06%
LONG-TERM LIABILITIES
Long-Term Debt $8.228M $8.570M
YoY Change -14.2% -13.63%
Other Long-Term Liabilities $1.415M $1.530M
YoY Change -23.51% -21.7%
Total Long-Term Liabilities $9.651M $10.11M
YoY Change -15.64% -14.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.990M $8.281M
Total Long-Term Liabilities $9.651M $10.11M
Total Liabilities $19.64M $18.39M
YoY Change -14.99% -21.91%
SHAREHOLDERS EQUITY
Retained Earnings $24.71M $24.21M
YoY Change 37.72% 41.88%
Common Stock $7.078M $6.987M
YoY Change 8.34% -4.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.79M $31.20M
YoY Change
Total Liabilities & Shareholders Equity $51.43M $49.59M
YoY Change 8.09% 3.38%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $500.0K -$615.0K
YoY Change -43.12% -157.16%
Depreciation, Depletion And Amortization $288.0K $282.0K
YoY Change 50.79% 46.11%
Cash From Operating Activities $712.0K $392.0K
YoY Change -280.25% -86.45%
INVESTING ACTIVITIES
Capital Expenditures $629.0K $126.0K
YoY Change 23.58% -29.21%
Acquisitions
YoY Change
Other Investing Activities -$1.250M $0.00
YoY Change -125100.0% -100.0%
Cash From Investing Activities -$1.879M -$126.0K
YoY Change 269.88% 40.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 560.0K -$1.298M
YoY Change -137.01% 52.17%
NET CHANGE
Cash From Operating Activities 712.0K $392.0K
Cash From Investing Activities -1.879M -$126.0K
Cash From Financing Activities 560.0K -$1.298M
Net Change In Cash -607.0K -$1.032M
YoY Change -74.88% -152.95%
FREE CASH FLOW
Cash From Operating Activities $712.0K $392.0K
Capital Expenditures $629.0K $126.0K
Free Cash Flow $83.00K $266.0K
YoY Change -109.18% -90.2%

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RepaymentsOfNotesPayable
1330000 usd
CY2022Q3 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1318000 usd
CY2022Q3 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1000000 usd
CY2023Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
32000 usd
CY2022Q3 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
42000 usd
CY2022Q3 pdex Payment Of Employee Payroll Taxes On Net Issuance Of Common Stock
PaymentOfEmployeePayrollTaxesOnNetIssuanceOfCommonStock
-223000 usd
CY2022Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
354000 usd
CY2023Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1298000 usd
CY2022Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-853000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1032000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1949000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2936000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
849000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1904000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2798000 usd
CY2023Q3 us-gaap Interest Paid Net
InterestPaidNet
140000 usd
CY2022Q3 us-gaap Interest Paid Net
InterestPaidNet
89000 usd
CY2023Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
660000 usd
CY2022Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
241000 usd
CY2022Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
425000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
519000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1469000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
266000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
1203000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2023Q3 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_801_eus-gaap--NatureOfOperations_ztMNTxnDeys" style="font: bold 10pt Times New Roman, Times, Serif; margin: 8.1pt 0 10pt">NOTE 2. <span id="xdx_820_zwbRa5N38JR3">DESCRIPTION OF BUSINESS</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt">We specialize in the design, development and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers and shavers used primarily in the orthopedic, thoracic, and maxocranial facial markets. We have patented adaptive torque-limiting software and proprietary sealing solutions which appeal to our customers, primarily medical device distributors. We also manufacture and sell rotary air motors to a wide range of industries.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"><span style="letter-spacing: 0pt">In August 2020, we formed a wholly owned subsidiary, PDEX Franklin, LLC (“PDEX Franklin”), to hold title for an approximate 25,000 square foot industrial building in Tustin, California (the “Franklin Property”) that we acquired on November 6, 2020, in order to allow for the continued growth of our business. The condensed consolidated financial statements include the accounts of the Company and PDEX Franklin and all significant inter-company accounts and transactions have been eliminated. This subsidiary has no separate operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 23pt"><span style="letter-spacing: 0pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>
CY2023Q3 pdex Overtime Revenue Recognition
OvertimeRevenueRecognition
190000 usd
CY2022Q3 pdex Overtime Revenue Recognition
OvertimeRevenueRecognition
907000 usd
CY2023Q3 pdex Pointintime Revenue Recognition
PointintimeRevenueRecognition
11748000 usd
CY2022Q3 pdex Pointintime Revenue Recognition
PointintimeRevenueRecognition
10180000 usd
CY2023Q3 us-gaap Revenues
Revenues
11938000 usd
CY2022Q3 us-gaap Revenues
Revenues
11087000 usd
CY2023Q3 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 usd
CY2022Q3 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
551000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
494000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
710000 usd
CY2023Q3 us-gaap Accretion Expense
AccretionExpense
219000 usd
CY2022Q3 us-gaap Accretion Expense
AccretionExpense
333000 usd
CY2023Q3 pdex Amounts Reclassified To Cost Of Sales
AmountsReclassifiedToCostOfSales
105000 usd
CY2022Q3 pdex Amounts Reclassified To Cost Of Sales
AmountsReclassifiedToCostOfSales
448000 usd
CY2023Q3 pdex Amounts Allocated To Discounts For Standalone Selling Price
AmountsAllocatedToDiscountsForStandaloneSellingPrice
17000 usd
CY2022Q3 pdex Amounts Allocated To Discounts For Standalone Selling Price
AmountsAllocatedToDiscountsForStandaloneSellingPrice
8000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
591000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
587000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1013000 usd
CY2023Q3 us-gaap Proceeds From Customers For Progress Payments
ProceedsFromCustomersForProgressPayments
43000 usd
CY2022Q3 us-gaap Proceeds From Customers For Progress Payments
ProceedsFromCustomersForProgressPayments
389000 usd
CY2023Q3 pdex Amounts Reclassified To Revenue
AmountsReclassifiedToRevenue
43000 usd
CY2022Q3 pdex Amounts Reclassified To Revenue
AmountsReclassifiedToRevenue
551000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
851000 usd
CY2023Q3 us-gaap Short Term Investments
ShortTermInvestments
1010000 usd
CY2023Q2 us-gaap Short Term Investments
ShortTermInvestments
1134000 usd
CY2023Q3 pdex Marketable Securities Warrant Non Current
MarketableSecuritiesWarrantNonCurrent
3670000 usd
CY2023Q2 pdex Marketable Securities Warrant Non Current
MarketableSecuritiesWarrantNonCurrent
6160000 usd
CY2023Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
1422000 usd
CY2023Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
1361000 usd
CY2023Q3 us-gaap Marketable Securities
MarketableSecurities
6102000 usd
CY2023Q2 us-gaap Marketable Securities
MarketableSecurities
8655000 usd
CY2023Q3 pdex Available For Sale Securities Amortized Costs
AvailableForSaleSecuritiesAmortizedCosts
2714000 usd
CY2023Q2 pdex Available For Sale Securities Amortized Costs
AvailableForSaleSecuritiesAmortizedCosts
2714000 usd
CY2023Q3 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
200000 usd
CY2023Q3 pdex Marketable Securities Unrealized Gain
MarketableSecuritiesUnrealizedGain
362000 usd
CY2023Q3 pdex Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
162000 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-219000 usd
CY2023 pdex Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
286000 usd
CY2023 pdex Marketable Securities Unrealized Gain
MarketableSecuritiesUnrealizedGain
67000 usd
CY2023Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1010000 usd
CY2023Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1134000 usd
CY2023Q3 us-gaap Share Price
SharePrice
2.60
CY2023Q2 us-gaap Share Price
SharePrice
3.98
CY2023Q3 us-gaap Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
0.68
CY2023 us-gaap Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
0.69
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P2Y2M19D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P2Y5M23D
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.600 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.600 pure
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0503 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0468 pure
CY2022Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
54000 usd
CY2023Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-2000 usd
CY2022Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
14000 usd
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
7964000 usd
CY2023Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
8824000 usd
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
4516000 usd
CY2023Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
3686000 usd
CY2023Q3 pdex Inventory Sub Assemblies
InventorySubAssemblies
2146000 usd
CY2023Q2 pdex Inventory Sub Assemblies
InventorySubAssemblies
2387000 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1638000 usd
CY2023Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1270000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
16264000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
16167000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
133000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
127000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
75000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
81000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
27000 usd
CY2023Q3 us-gaap Product Warranty Expense
ProductWarrantyExpense
189000 usd
CY2023 us-gaap Product Warranty Expense
ProductWarrantyExpense
200000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
200000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
340000 usd
CY2023Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
24000 usd
CY2023Q3 pdex Product Warranty Accrual Amortization
ProductWarrantyAccrualAmortization
33000 usd
CY2022Q3 pdex Product Warranty Accrual Amortization
ProductWarrantyAccrualAmortization
42000 usd
CY2023Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
189000 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
366000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
64800 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-615000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1203000 usd
CY2023Q3 pdex Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
3547000 shares
CY2022Q3 pdex Weightedaverage Shares Outstanding Basic
WeightedaverageSharesOutstandingBasic
3616000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-615000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1203000 usd
CY2023Q3 pdex Weightedaverage Shares Outstanding Diluted
WeightedaverageSharesOutstandingDiluted
3547000 shares
CY2022Q3 pdex Weightedaverage Shares Outstanding Diluted
WeightedaverageSharesOutstandingDiluted
3616000 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
79000 shares
CY2023Q3 pdex Weighted Average Shares Used In Calculation Of Diluted Earnings Per Share
WeightedAverageSharesUsedInCalculationOfDilutedEarningsPerShare
3547000 shares
CY2022Q3 pdex Weighted Average Shares Used In Calculation Of Diluted Earnings Per Share
WeightedAverageSharesUsedInCalculationOfDilutedEarningsPerShare
3695000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
48000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.26 pure
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18 pure
CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y8M26D
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
425000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0553 pure
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
127000 usd
CY2023Q3 us-gaap Cost Maintenance
CostMaintenance
12000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
392000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
535000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
551000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
567000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
143000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2188000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
233000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1955000 usd

Files In Submission

Name View Source Status
pdex-20230930_def.xml Edgar Link unprocessable
0001079973-23-001522-index-headers.html Edgar Link pending
0001079973-23-001522-index.html Edgar Link pending
0001079973-23-001522.txt Edgar Link pending
0001079973-23-001522-xbrl.zip Edgar Link pending
ex31z1.htm Edgar Link pending
ex31z2.htm Edgar Link pending
ex32.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pdex-20230930.xsd Edgar Link pending
pdex_10q-093023.htm Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
pdex-20230930_cal.xml Edgar Link unprocessable
pdex-20230930_lab.xml Edgar Link unprocessable
pdex-20230930_pre.xml Edgar Link unprocessable
pdex_10q-093023_htm.xml Edgar Link completed
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report.css Edgar Link pending
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