2017 Q3 Form 10-Q Financial Statement

#000106953317000022 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2017 Q2 2016 Q2
Revenue $10.17M $11.44M $11.30M
YoY Change 1.93% 1.25% 4.83%
Cost Of Revenue $4.220M $4.800M $4.980M
YoY Change 2.43% -3.61% 3.53%
Gross Profit $5.954M $6.634M $6.312M
YoY Change 1.52% 5.1% 5.88%
Gross Profit Margin 58.53% 58.01% 55.89%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.590M $1.590M $1.420M
YoY Change 8.9% 11.97% 8.4%
% of Gross Profit 26.7% 23.97% 22.5%
Operating Expenses $4.660M $5.310M $4.860M
YoY Change -7.54% 9.26% -2.99%
Operating Profit $766.6K $1.328M $1.453M
YoY Change -6.09% -8.61% 51.99%
Interest Expense -$390.0K $472.3K $396.3K
YoY Change 8.33% 19.18% 10.44%
% of Operating Profit -50.87% 35.56% 27.27%
Other Income/Expense, Net -$640.0K -$8.738K -$39.15K
YoY Change 255.56% -77.68% 85.17%
Pretax Income $270.0K $958.8K $1.058M
YoY Change 0.0% -9.42% 83.69%
Income Tax $110.0K $343.2K $431.4K
% Of Pretax Income 40.74% 35.8% 40.76%
Net Earnings $159.9K $615.6K $627.1K
YoY Change 9.84% -1.83% 76.67%
Net Earnings / Revenue 1.57% 5.38% 5.55%
Basic Earnings Per Share $0.02 $0.09 $0.09
Diluted Earnings Per Share $0.02 $0.08 $0.09
COMMON SHARES
Basic Shares Outstanding 7.232M shares 7.227M shares 7.161M shares
Diluted Shares Outstanding 7.274M shares 7.173M shares

Balance Sheet

Concept 2017 Q3 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.0K $800.0K $900.0K
YoY Change -83.33% -11.11% -30.77%
Cash & Equivalents $69.64K $763.8K $904.8K
Short-Term Investments
Other Short-Term Assets $1.577M $1.273M $1.197M
YoY Change 1.82% 6.41% 1.2%
Inventory $8.700M $6.400M $5.300M
Prepaid Expenses
Receivables $3.493M $4.659M $4.108M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $15.69M $13.13M $12.57M
YoY Change 1.31% 4.45% -19.0%
LONG-TERM ASSETS
Property, Plant & Equipment $147.9M $145.0M $127.9M
YoY Change 11.96% 13.37% 10.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.400M $5.700M $3.400M
YoY Change 111.43% 67.65%
Other Assets $190.1K $115.7K $102.9K
YoY Change 67.41% 12.44% -70.41%
Total Long-Term Assets $19.52M $20.44M $14.66M
YoY Change 8.8% 39.47% 51.31%
TOTAL ASSETS
Total Short-Term Assets $15.69M $13.13M $12.57M
Total Long-Term Assets $19.52M $20.44M $14.66M
Total Assets $183.1M $178.5M $155.1M
YoY Change 10.62% 15.11% 10.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.123M $5.731M $5.053M
YoY Change -4.17% 13.42% 3.54%
Accrued Expenses $3.007M $2.485M $2.464M
YoY Change -5.86% 0.87% 20.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $8.100M
YoY Change -100.0% -100.0% 376.47%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.37M $15.72M $23.01M
YoY Change -49.59% -31.65% 37.42%
LONG-TERM LIABILITIES
Long-Term Debt $61.31M $53.08M $32.83M
YoY Change 82.28% 61.7% 7.63%
Other Long-Term Liabilities $24.30M $29.40M $25.40M
YoY Change -15.63% 15.75% 15.98%
Total Long-Term Liabilities $47.42M $50.05M $42.71M
YoY Change -0.7% 17.18% 10.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.37M $15.72M $23.01M
Total Long-Term Liabilities $47.42M $50.05M $42.71M
Total Liabilities $61.78M $65.78M $65.72M
YoY Change -18.97% 0.09% 18.81%
SHAREHOLDERS EQUITY
Retained Earnings $24.75M $25.64M $25.54M
YoY Change 0.13% 0.39% 7.98%
Common Stock $36.50M $36.34M $33.19M
YoY Change 9.11% 9.48% 3.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $60.04M $59.67M $56.55M
YoY Change
Total Liabilities & Shareholders Equity $183.1M $178.5M $155.1M
YoY Change 10.62% 15.11% 10.41%

Cashflow Statement

Concept 2017 Q3 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $159.9K $615.6K $627.1K
YoY Change 9.84% -1.83% 76.67%
Depreciation, Depletion And Amortization $1.590M $1.590M $1.420M
YoY Change 8.9% 11.97% 8.4%
Cash From Operating Activities -$2.770M $4.110M $4.630M
YoY Change 346.77% -11.23% -12.48%
INVESTING ACTIVITIES
Capital Expenditures -$4.300M -$5.050M -$4.400M
YoY Change -20.22% 14.77% 37.93%
Acquisitions
YoY Change
Other Investing Activities -$950.0K -$880.0K -$640.0K
YoY Change 21.79% 37.5% -2233.33%
Cash From Investing Activities -$5.250M -$5.930M -$5.040M
YoY Change -14.91% 17.66% 59.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.330M 2.040M 620.0K
YoY Change 12.42% 229.03% -135.63%
NET CHANGE
Cash From Operating Activities -2.770M 4.110M 4.630M
Cash From Investing Activities -5.250M -5.930M -5.040M
Cash From Financing Activities 7.330M 2.040M 620.0K
Net Change In Cash -690.0K 220.0K 210.0K
YoY Change 155.56% 4.76% -46.15%
FREE CASH FLOW
Cash From Operating Activities -$2.770M $4.110M $4.630M
Capital Expenditures -$4.300M -$5.050M -$4.400M
Free Cash Flow $1.530M $9.160M $9.030M
YoY Change -67.92% 1.44% 6.49%

Facts In Submission

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