2019 Form 10-K Financial Statement
#000093905719000345 Filed on August 30, 2019
Income Statement
Concept | 2019 | 2018 |
---|---|---|
Revenue | $42.71M | |
YoY Change | 0.7% | |
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 | $3.100M | $845.0K |
YoY Change | 266.86% | -5.16% |
% of Gross Profit | ||
Operating Expenses | $10.05M | $13.25M |
YoY Change | -24.15% | 10.57% |
Operating Profit | ||
YoY Change | ||
Interest Expense | $6.412M | |
YoY Change | -4.0% | |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $5.900M | $5.527M |
YoY Change | 6.75% | -37.31% |
Income Tax | $1.503M | $3.396M |
% Of Pretax Income | 25.47% | 61.44% |
Net Earnings | $4.400M | $2.131M |
YoY Change | 106.48% | -59.07% |
Net Earnings / Revenue | 4.99% | |
Basic Earnings Per Share | $0.28 | |
Diluted Earnings Per Share | $578.9K | $0.28 |
COMMON SHARES | ||
Basic Shares Outstanding | 7.542B shares | |
Diluted Shares Outstanding | 7.700B shares |
Balance Sheet
Concept | 2019 | 2018 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | ||
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 | $8.200M | $8.700M |
YoY Change | -5.75% | 31.82% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $1.085B | $1.176B |
YoY Change | -7.71% | -2.09% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $21.80M | $21.30M |
YoY Change | 2.35% | 8.12% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | ||
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $21.80M | $21.30M |
YoY Change | 2.35% | 8.12% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $21.80M | $21.30M |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $964.2M | $1.055B |
YoY Change | -8.62% | -1.61% |
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 | $120.6M | $120.5M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.085B | $1.176B |
YoY Change | -7.71% | -2.09% |
Cashflow Statement
Concept | 2019 | 2018 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $4.400M | $2.131M |
YoY Change | 106.48% | -59.07% |
Depreciation, Depletion And Amortization | $3.100M | $845.0K |
YoY Change | 266.86% | -5.16% |
Cash From Operating Activities | $107.1M | $27.99M |
YoY Change | 282.69% | -66.46% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$400.0K | $2.909M |
YoY Change | -113.75% | 95.1% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $17.70M | -$24.40M |
YoY Change | -172.54% | -70.6% |
Cash From Investing Activities | $17.30M | -$27.31M |
YoY Change | -163.36% | -67.69% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $4.228M | |
YoY Change | 2.65% | |
Common Stock Issuance & Retirement, Net | $7.347M | |
YoY Change | -15.69% | |
Debt Paid & Issued, Net | $10.06M | |
YoY Change | 13684.93% | |
Cash From Financing Activities | -97.10M | -$30.21M |
YoY Change | 221.46% | -233.1% |
NET CHANGE | ||
Cash From Operating Activities | 107.1M | $27.99M |
Cash From Investing Activities | 17.30M | -$27.31M |
Cash From Financing Activities | -97.10M | -$30.21M |
Net Change In Cash | 27.30M | -$29.53M |
YoY Change | -192.46% | -236.56% |
FREE CASH FLOW | ||
Cash From Operating Activities | $107.1M | $27.99M |
Capital Expenditures | -$400.0K | $2.909M |
Free Cash Flow | $107.5M | $25.08M |
YoY Change | 328.68% | -69.4% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2019Q2 | us-gaap |
Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
|
257909000 | USD |
CY2019 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | Segment |
CY2019 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4194000 | USD |
CY2019Q2 | us-gaap |
Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
|
264387000 | USD |
CY2019Q2 | us-gaap |
Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
|
35646000 | USD |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3396000 | USD |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1503000 | USD |
CY2018 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
-155000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
|
5000 | USD |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0281 | pure |
CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0008 | pure |
CY2018Q2 | prov |
Loans Held For Investment Gross Non Accrual
LoansHeldForInvestmentGrossNonAccrual
|
6211000 | USD |
CY2019Q2 | prov |
Loans Held For Investment Gross Non Accrual
LoansHeldForInvestmentGrossNonAccrual
|
6641000 | USD |
CY2018Q2 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
191000 | USD |
CY2019Q2 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
442000 | USD |
CY2018 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
15802000 | USD |
CY2019 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
7135000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-36000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-21000 | USD |
CY2018 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
34821000 | USD |
CY2019 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
30149000 | USD |
CY2018 | us-gaap |
Occupancy Net
OccupancyNet
|
5134000 | USD |
CY2019 | us-gaap |
Occupancy Net
OccupancyNet
|
5038000 | USD |
CY2018 | us-gaap |
Operating Expenses
OperatingExpenses
|
13249000 | USD |
CY2019 | us-gaap |
Operating Expenses
OperatingExpenses
|
10049000 | USD |
CY2018 | us-gaap |
Equipment Expense
EquipmentExpense
|
1576000 | USD |
CY2019 | us-gaap |
Equipment Expense
EquipmentExpense
|
2474000 | USD |
CY2018 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
7973000 | USD |
CY2019 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
4141000 | USD |
CY2018 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
7347000 | USD |
CY2018 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4228000 | USD |
CY2018Q2 | prov |
Restructured Loans Related Allowance
RestructuredLoansRelatedAllowance
|
157000 | USD |
CY2019Q2 | prov |
Restructured Loans Related Allowance
RestructuredLoansRelatedAllowance
|
130000 | USD |
CY2018 | prov |
Effective Income Tax Rate Continuing Operations One
EffectiveIncomeTaxRateContinuingOperationsOne
|
0.3586 | pure |
CY2019 | prov |
Effective Income Tax Rate Continuing Operations One
EffectiveIncomeTaxRateContinuingOperationsOne
|
0.2956 | pure |
CY2018Q2 | us-gaap |
Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
|
259372000 | USD |
CY2018Q2 | us-gaap |
Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
|
289791000 | USD |
CY2018Q2 | us-gaap |
Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
|
34633000 | USD |