2018 Q3 Form 10-Q Financial Statement

#000106953318000035 Filed on August 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $9.971M $11.89M $11.44M
YoY Change -1.98% 3.97% 1.25%
Cost Of Revenue $4.120M $5.050M $4.800M
YoY Change -2.37% 5.21% -3.61%
Gross Profit $5.850M $6.840M $6.634M
YoY Change -1.75% 3.1% 5.1%
Gross Profit Margin 58.67% 57.53% 58.01%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.790M $1.770M $1.590M
YoY Change 12.58% 11.32% 11.97%
% of Gross Profit 30.6% 25.88% 23.97%
Operating Expenses $5.140M $5.000M $5.310M
YoY Change 10.3% -5.84% 9.26%
Operating Profit $714.3K $1.836M $1.328M
YoY Change -6.82% 38.2% -8.61%
Interest Expense -$280.0K $583.6K $472.3K
YoY Change -28.21% 23.56% 19.18%
% of Operating Profit -39.2% 31.79% 35.56%
Other Income/Expense, Net $150.0K $36.86K -$8.738K
YoY Change -123.44% -521.8% -77.68%
Pretax Income $590.0K $1.534M $958.8K
YoY Change 118.52% 59.99% -9.42%
Income Tax -$100.0K $446.6K $343.2K
% Of Pretax Income -16.95% 29.11% 35.8%
Net Earnings $684.5K $1.087M $615.6K
YoY Change 328.09% 76.64% -1.83%
Net Earnings / Revenue 6.86% 9.15% 5.38%
Basic Earnings Per Share $0.09 $0.14 $0.09
Diluted Earnings Per Share $0.09 $0.14 $0.08
COMMON SHARES
Basic Shares Outstanding 7.987M shares 7.982M shares 7.227M shares
Diluted Shares Outstanding 8.031M shares 7.274M shares

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.0K $1.200M $800.0K
YoY Change 100.0% 50.0% -11.11%
Cash & Equivalents $247.4K $1.201M $763.8K
Short-Term Investments
Other Short-Term Assets $688.0K $1.479M $1.273M
YoY Change -56.36% 16.15% 6.41%
Inventory $8.500M $6.100M $6.400M
Prepaid Expenses
Receivables $3.744M $4.028M $4.659M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $15.54M $13.14M $13.13M
YoY Change -0.9% 0.14% 4.45%
LONG-TERM ASSETS
Property, Plant & Equipment $166.0M $161.1M $145.0M
YoY Change 12.24% 11.1% 13.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $28.50M $22.00M $5.700M
YoY Change 285.14% 285.96% 67.65%
Other Assets $472.7K $484.7K $115.7K
YoY Change 148.73% 318.87% 12.44%
Total Long-Term Assets $38.05M $34.51M $20.44M
YoY Change 94.92% 68.8% 39.47%
TOTAL ASSETS
Total Short-Term Assets $15.54M $13.14M $13.13M
Total Long-Term Assets $38.05M $34.51M $20.44M
Total Assets $219.6M $208.8M $178.5M
YoY Change 19.89% 16.93% 15.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.211M $6.789M $5.731M
YoY Change 1.72% 18.47% 13.42%
Accrued Expenses $3.080M $2.488M $2.485M
YoY Change 2.44% 0.13% 0.87%
Deferred Revenue $1.004M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.09M $24.55M $15.72M
YoY Change 67.7% 56.15% -31.65%
LONG-TERM LIABILITIES
Long-Term Debt $70.32M $57.05M $53.08M
YoY Change 14.7% 7.48% 61.7%
Other Long-Term Liabilities $33.00M $36.10M $29.40M
YoY Change 35.8% 22.79% 15.75%
Total Long-Term Liabilities $45.56M $47.72M $50.05M
YoY Change -3.91% -4.67% 17.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.09M $24.55M $15.72M
Total Long-Term Liabilities $45.56M $47.72M $50.05M
Total Liabilities $69.66M $72.27M $65.78M
YoY Change 12.74% 9.87% 0.09%
SHAREHOLDERS EQUITY
Retained Earnings $27.44M $27.76M $25.64M
YoY Change 10.88% 8.28% 0.39%
Common Stock $53.02M $52.76M $36.34M
YoY Change 45.26% 45.19% 9.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $79.58M $79.43M $59.67M
YoY Change
Total Liabilities & Shareholders Equity $219.6M $208.8M $178.5M
YoY Change 19.89% 16.93% 15.11%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $684.5K $1.087M $615.6K
YoY Change 328.09% 76.64% -1.83%
Depreciation, Depletion And Amortization $1.790M $1.770M $1.590M
YoY Change 12.58% 11.32% 11.97%
Cash From Operating Activities -$360.0K $3.210M $4.110M
YoY Change -87.0% -21.9% -11.23%
INVESTING ACTIVITIES
Capital Expenditures -$7.200M -$6.020M -$5.050M
YoY Change 67.44% 19.21% 14.77%
Acquisitions
YoY Change
Other Investing Activities -$5.680M -$1.410M -$880.0K
YoY Change 497.89% 60.23% 37.5%
Cash From Investing Activities -$12.87M -$7.450M -$5.930M
YoY Change 145.14% 25.63% 17.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.27M 590.0K 2.040M
YoY Change 67.39% -71.08% 229.03%
NET CHANGE
Cash From Operating Activities -360.0K 3.210M 4.110M
Cash From Investing Activities -12.87M -7.450M -5.930M
Cash From Financing Activities 12.27M 590.0K 2.040M
Net Change In Cash -960.0K -3.650M 220.0K
YoY Change 39.13% -1759.09% 4.76%
FREE CASH FLOW
Cash From Operating Activities -$360.0K $3.210M $4.110M
Capital Expenditures -$7.200M -$6.020M -$5.050M
Free Cash Flow $6.840M $9.230M $9.160M
YoY Change 347.06% 0.76% 1.44%

Facts In Submission

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