2016 Q4 Form 10-Q Financial Statement

#000106953317000006 Filed on February 08, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $18.79M $16.01M
YoY Change 17.35% -24.66%
Cost Of Revenue $9.400M $7.270M
YoY Change 29.3% -42.44%
Gross Profit $9.391M $8.738M
YoY Change 7.47% 1.35%
Gross Profit Margin 49.98% 54.58%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.606M $1.415M
YoY Change 13.5% 8.38%
% of Gross Profit 17.1% 16.19%
Operating Expenses $5.410M $5.240M
YoY Change 3.24% 2.54%
Operating Profit $3.982M $3.498M
YoY Change 13.84% -0.46%
Interest Expense $458.5K $408.4K
YoY Change 12.28% 2.84%
% of Operating Profit 11.51% 11.67%
Other Income/Expense, Net -$3.712K -$3.873K
YoY Change -4.16% -34.12%
Pretax Income $3.605M $3.107M
YoY Change 16.0% -0.13%
Income Tax $1.372M $1.185M
% Of Pretax Income 38.07% 38.12%
Net Earnings $2.232M $1.923M
YoY Change 16.09% -0.08%
Net Earnings / Revenue 11.88% 12.01%
Basic Earnings Per Share $0.31 $0.27
Diluted Earnings Per Share $0.31 $0.27
COMMON SHARES
Basic Shares Outstanding 7.195M shares 4.748M shares
Diluted Shares Outstanding 7.211M shares 4.752M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.0K $900.0K
YoY Change -77.78% 28.57%
Cash & Equivalents $176.1K $887.4K
Short-Term Investments
Other Short-Term Assets $1.962M $1.897M
YoY Change 3.48% 6.85%
Inventory $6.900M $8.100M
Prepaid Expenses
Receivables $11.37M $7.991M
Other Receivables $0.00 $0.00
Total Short-Term Assets $21.45M $21.10M
YoY Change 1.65% -22.36%
LONG-TERM ASSETS
Property, Plant & Equipment $135.8M $121.3M
YoY Change 11.95% 8.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.000M $1.400M
YoY Change 185.71%
Other Assets $163.6K $121.9K
YoY Change 34.22% -62.2%
Total Long-Term Assets $18.73M $12.49M
YoY Change 49.93% 30.08%
TOTAL ASSETS
Total Short-Term Assets $21.45M $21.10M
Total Long-Term Assets $18.73M $12.49M
Total Assets $176.0M $154.9M
YoY Change 13.59% 4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.735M $4.191M
YoY Change 60.69% -23.95%
Accrued Expenses $2.049M $1.847M
YoY Change 10.96% 10.95%
Deferred Revenue
YoY Change
Short-Term Debt $14.30M $15.00M
YoY Change -4.67% -3.23%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.76M $27.61M
YoY Change 4.14% 2.45%
LONG-TERM LIABILITIES
Long-Term Debt $41.14M $32.11M
YoY Change 28.1% 5.29%
Other Long-Term Liabilities $28.80M $25.00M
YoY Change 15.2% 16.28%
Total Long-Term Liabilities $48.79M $41.37M
YoY Change 17.93% 8.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.76M $27.61M
Total Long-Term Liabilities $48.79M $41.37M
Total Liabilities $77.55M $68.99M
YoY Change 12.41% 5.95%
SHAREHOLDERS EQUITY
Retained Earnings $25.90M $23.73M
YoY Change 9.14% 6.25%
Common Stock $33.74M $32.58M
YoY Change 3.56% 2.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $57.28M $54.06M
YoY Change
Total Liabilities & Shareholders Equity $176.0M $154.9M
YoY Change 13.59% 4.17%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $2.232M $1.923M
YoY Change 16.09% -0.08%
Depreciation, Depletion And Amortization $1.606M $1.415M
YoY Change 13.5% 8.38%
Cash From Operating Activities -$2.113M -$1.311M
YoY Change 61.16% -7.34%
INVESTING ACTIVITIES
Capital Expenditures $4.439M $3.918M
YoY Change 13.28% -10.48%
Acquisitions
YoY Change
Other Investing Activities -$480.0K -$1.380M
YoY Change -65.22%
Cash From Investing Activities -$4.923M -$5.297M
YoY Change -7.07% 21.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $279.0K $217.7K
YoY Change 28.16% 530.35%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $6.569M $6.511M
YoY Change 0.89% 15.43%
NET CHANGE
Cash From Operating Activities -$2.113M -$1.311M
Cash From Investing Activities -$4.923M -$5.297M
Cash From Financing Activities $6.569M $6.511M
Net Change In Cash -$467.2K -$97.79K
YoY Change 377.73% -34.73%
FREE CASH FLOW
Cash From Operating Activities -$2.113M -$1.311M
Capital Expenditures $4.439M $3.918M
Free Cash Flow -$6.552M -$5.230M
YoY Change 25.28% -9.71%

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4748279 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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4796396 shares

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