2019 Q2 Form 10-Q Financial Statement

#000114420419030687 Filed on June 12, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q4 2018 Q2
Revenue $13.63M $3.630M $20.52M
YoY Change -33.58% 294.57% 168.52%
Cost Of Revenue $9.532M $2.240M $12.87M
YoY Change -25.92% -5700.0% 126.29%
Gross Profit $4.094M $1.390M $7.648M
YoY Change -46.47% 44.79% 291.4%
Gross Profit Margin 30.05% 38.29% 37.28%
Selling, General & Admin $2.400M $430.0K $3.057M
YoY Change -21.49% -8.51% 81.53%
% of Gross Profit 58.62% 30.94% 39.97%
Research & Development $332.0K $230.0K $631.0K
YoY Change -47.39% 27.78% 209.31%
% of Gross Profit 8.11% 16.55% 8.25%
Depreciation & Amortization $140.0K $130.0K $120.0K
YoY Change 16.67% -192.86% -42.86%
% of Gross Profit 3.42% 9.35% 1.57%
Operating Expenses $2.732M $650.0K $3.688M
YoY Change -25.92% 0.0% 95.34%
Operating Profit $1.362M $740.0K $3.960M
YoY Change -65.61% 138.71% 5900.0%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $14.00K $30.00K $4.000K
YoY Change 250.0% 200.0% -300.0%
Pretax Income $1.376M $760.0K $3.964M
YoY Change -65.29% 137.5% 6093.75%
Income Tax $315.0K $120.0K $799.0K
% Of Pretax Income 22.89% 15.79% 20.16%
Net Earnings $1.061M $460.0K $3.204M
YoY Change -66.89% 48.39% 4007.69%
Net Earnings / Revenue 7.79% 12.67% 15.62%
Basic Earnings Per Share $0.11 $0.35
Diluted Earnings Per Share $0.11 $45.82K $0.34
COMMON SHARES
Basic Shares Outstanding 9.357M 9.293M shares 9.054M
Diluted Shares Outstanding 9.838M 9.386M

Balance Sheet

Concept 2019 Q2 2018 Q4 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.86M $16.33M $8.490M
YoY Change 63.25% 213.44% 96.53%
Cash & Equivalents $13.86M $16.33M $7.105M
Short-Term Investments
Other Short-Term Assets $736.0K $828.0K $565.0K
YoY Change 30.27% 63.64% -61.27%
Inventory $7.932M $7.113M $7.075M
Prepaid Expenses $464.0K $228.0K $323.0K
Receivables $7.938M $4.255M $11.75M
Other Receivables $0.00 $0.00 $60.00K
Total Short-Term Assets $30.46M $28.53M $27.87M
YoY Change 9.28% 69.89% 64.55%
LONG-TERM ASSETS
Property, Plant & Equipment $649.0K $559.0K $611.0K
YoY Change 6.22% -1.06% -13.94%
Goodwill $1.340M $1.340M $3.219M
YoY Change -58.37% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $68.00K $49.00K $49.00K
YoY Change 38.78% -30.0% -55.45%
Total Long-Term Assets $3.943M $3.972M $7.869M
YoY Change -49.89% -51.95% -8.5%
TOTAL ASSETS
Total Short-Term Assets $30.46M $28.53M $27.87M
Total Long-Term Assets $3.943M $3.972M $7.869M
Total Assets $34.41M $32.50M $35.74M
YoY Change -3.74% 29.7% 39.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.580M $1.342M $5.936M
YoY Change -73.38% 29.54% 210.79%
Accrued Expenses $3.078M $3.377M $3.985M
YoY Change -22.76% 88.55% 83.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.658M $4.719M $10.43M
YoY Change -55.33% 31.16% 155.21%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $87.00K $0.00
YoY Change
Total Long-Term Liabilities $87.00K $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.658M $4.719M $10.43M
Total Long-Term Liabilities $87.00K $0.00 $0.00
Total Liabilities $4.745M $4.719M $10.56M
YoY Change -55.05% 26.96% 132.58%
SHAREHOLDERS EQUITY
Retained Earnings $8.044M $6.716M $4.898M
YoY Change 64.23% 319.75%
Common Stock $21.62M $21.07M $20.29M
YoY Change 6.55% 6.71% 22954.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $29.66M $27.78M $25.19M
YoY Change
Total Liabilities & Shareholders Equity $34.41M $32.50M $35.74M
YoY Change -3.74% 29.7% 39.96%

Cashflow Statement

Concept 2019 Q2 2018 Q4 2018 Q2
OPERATING ACTIVITIES
Net Income $1.061M $460.0K $3.204M
YoY Change -66.89% 48.39% 4007.69%
Depreciation, Depletion And Amortization $140.0K $130.0K $120.0K
YoY Change 16.67% -192.86% -42.86%
Cash From Operating Activities $590.0K $1.030M $2.590M
YoY Change -77.22% 30.38% 1518.75%
INVESTING ACTIVITIES
Capital Expenditures -$130.0K -$120.0K -$60.00K
YoY Change 116.67% -7.69% 200.0%
Acquisitions
YoY Change
Other Investing Activities -$460.0K $3.930M $0.00
YoY Change
Cash From Investing Activities -$590.0K $3.810M -$60.00K
YoY Change 883.33% -3030.77% 200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -180.0K -90.00K 70.00K
YoY Change -357.14% -25.0% -138.89%
NET CHANGE
Cash From Operating Activities 590.0K 1.030M 2.590M
Cash From Investing Activities -590.0K 3.810M -60.00K
Cash From Financing Activities -180.0K -90.00K 70.00K
Net Change In Cash -180.0K 4.750M 2.600M
YoY Change -106.92% 779.63% -6600.0%
FREE CASH FLOW
Cash From Operating Activities $590.0K $1.030M $2.590M
Capital Expenditures -$130.0K -$120.0K -$60.00K
Free Cash Flow $720.0K $1.150M $2.650M
YoY Change -72.83% 25.0% 1372.22%

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CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4108000
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3119000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
4093000
CY2019Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
550000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P5Y5M4D
CY2019Q2 rfil Nonemployee Director Annual Grant
NonemployeeDirectorAnnualGrant
50000
CY2019Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
11700000
CY2019Q2 us-gaap Revenues
Revenues
13626000
CY2018Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
24273000
us-gaap Revenues
Revenues
28482000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27783000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
357000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
192000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
373000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
29660000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21343000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
413000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
132000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
360000
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25186000
rfil Fair Value Assumption Risk Free Interest Rate
FairValueAssumptionRiskFreeInterestRate
0.0288
rfil Fair Value Assumption Risk Free Interest Rate
FairValueAssumptionRiskFreeInterestRate
0.0187
rfil Fair Value Assumption Weighted Average Expected Dividend
FairValueAssumptionWeightedAverageExpectedDividend
0.0098
rfil Fair Value Assumption Weighted Average Expected Dividend
FairValueAssumptionWeightedAverageExpectedDividend
0.0328
rfil Fair Value Assumption Weighted Average Volatility Rate
FairValueAssumptionWeightedAverageVolatilityRate
0.5525
rfil Fair Value Assumption Weighted Average Volatility Rate
FairValueAssumptionWeightedAverageVolatilityRate
0.4683
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q2 rfil Total Provision As Percentage Of Pre Tax Income
TotalProvisionAsPercentageOfPreTaxIncome
0.23
CY2018Q2 rfil Total Provision As Percentage Of Pre Tax Income
TotalProvisionAsPercentageOfPreTaxIncome
0.20
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
58000
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
90000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1229000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1367000
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
657000
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
657000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
138000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y11M23D
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
71000
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.02
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.02
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
87000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
37000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
88000
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9360351
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
9291201
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9360351
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9291201
us-gaap Net Income Loss
NetIncomeLoss
1701000
us-gaap Net Income Loss
NetIncomeLoss
3658000
CY2019Q2 us-gaap Assets
Assets
34405000
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
141000
CY2018Q2 us-gaap Revenues
Revenues
20515000
CY2019Q2 us-gaap Revenues
Revenues
13626000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1376000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3964000
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
127000
CY2018Q2 us-gaap Assets
Assets
35743000
us-gaap Revenues
Revenues
24273000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2184000
us-gaap Revenues
Revenues
28482000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4324000
rfil Total Provision As Percentage Of Pre Tax Income
TotalProvisionAsPercentageOfPreTaxIncome
0.22
rfil Total Provision As Percentage Of Pre Tax Income
TotalProvisionAsPercentageOfPreTaxIncome
0.20
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-786000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1881000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-442000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
76000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1806000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1895000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
546000
us-gaap Proceeds From Collection Of Lease Receivables
ProceedsFromCollectionOfLeaseReceivables
0
us-gaap Proceeds From Collection Of Lease Receivables
ProceedsFromCollectionOfLeaseReceivables
34000
us-gaap Net Income Loss
NetIncomeLoss
1701000
us-gaap Net Income Loss
NetIncomeLoss
3658000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
189000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1701000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
3469000
rfil Allowance For Doubtful Accounts Receivables Write Offs
AllowanceForDoubtfulAccountsReceivablesWriteOffs
7000
rfil Allowance For Doubtful Accounts Receivables Write Offs
AllowanceForDoubtfulAccountsReceivablesWriteOffs
51000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
278000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
254000
us-gaap Share Based Compensation
ShareBasedCompensation
192000
us-gaap Share Based Compensation
ShareBasedCompensation
132000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
10000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2375000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8021000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
345000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1036000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-167000
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
12000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-21000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-721000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4704000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
199000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
78000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
457000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-656000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-44000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-1000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
357000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
413000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
373000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
360000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
53000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2478000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2449000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16334000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6039000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13856000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7105000
us-gaap Income Taxes Paid
IncomeTaxesPaid
255000
us-gaap Income Taxes Paid
IncomeTaxesPaid
384000
rfil Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
P5Y11M15D
rfil Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
P4Y6M14D
CY2019Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
187000
CY2018Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
183000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
373000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
360000
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.02
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.02
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
13856000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
8488000
CY2019Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
0
CY2018Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
1383000
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2019-04-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
R F INDUSTRIES LTD
dei Entity Central Index Key
EntityCentralIndexKey
0000740664
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Trading Symbol
TradingSymbol
RFIL
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9360351
dei Entity Shell Company
EntityShellCompany
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
true
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
143000

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