2022 Q3 Form 10-K Financial Statement

#000165495422013054 Filed on September 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $2.670M $2.777M $11.40M
YoY Change -6.46% 9.76% 16.63%
Cost Of Revenue $1.321M $1.509M $5.664M
YoY Change -1.49% 9.33% 18.0%
Gross Profit $1.349M $1.268M $5.737M
YoY Change -10.87% 10.27% 15.3%
Gross Profit Margin 50.53% 45.65% 50.32%
Selling, General & Admin $2.483M $2.688M $10.13M
YoY Change 3.4% -9.17% 25.64%
% of Gross Profit 184.06% 212.04% 176.54%
Research & Development $560.1K $732.0K $2.873M
YoY Change -12.0% 22.04% 76.95%
% of Gross Profit 41.52% 57.74% 50.09%
Depreciation & Amortization $188.9K $106.4K $688.2K
YoY Change 14.42% -14.74% 173.64%
% of Gross Profit 14.0% 8.39% 12.0%
Operating Expenses $3.043M $3.420M $13.00M
YoY Change 0.17% -3.91% 34.25%
Operating Profit -$1.694M -$2.153M -$7.264M
YoY Change 11.14% -10.68% 54.26%
Interest Expense $27.50K $77.30K
YoY Change 154.63% -5.96%
% of Operating Profit
Other Income/Expense, Net $15.00K -$178.4K $618.9K
YoY Change -149.02% -132.48% 8.28%
Pretax Income -$1.709M -$2.303M -$7.002M
YoY Change 11.54% 24.52% 72.67%
Income Tax -$417.2K -$298.3K -$1.349M
% Of Pretax Income
Net Earnings -$1.292M -$2.004M -$5.644M
YoY Change 6.88% 47.24% 53.69%
Net Earnings / Revenue -48.39% -72.17% -49.51%
Basic Earnings Per Share
Diluted Earnings Per Share -$184.5K -$289.7K -$850.4K
COMMON SHARES
Basic Shares Outstanding 7.004M shares 7.004M shares
Diluted Shares Outstanding 7.004M shares 7.004M shares 6.637M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.736M $9.363M $9.363M
YoY Change -36.87% -30.23% -30.23%
Cash & Equivalents $2.438M $2.971M $2.971M
Short-Term Investments $5.299M $6.392M $6.392M
Other Short-Term Assets $510.4K $547.8K $547.8K
YoY Change -8.58% 34.86% 34.86%
Inventory $4.956M $4.696M $4.696M
Prepaid Expenses
Receivables $1.141M $1.501M $1.501M
Other Receivables $161.4K $161.1K $161.1K
Total Short-Term Assets $14.51M $16.27M $16.27M
YoY Change -16.95% -11.73% -11.73%
LONG-TERM ASSETS
Property, Plant & Equipment $1.066M $1.006M $2.481M
YoY Change 144.93% 143.72% 130.18%
Goodwill $4.395M $4.395M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $62.40K $62.40K $3.806M
YoY Change 15.13% 14.92% 49.6%
Total Long-Term Assets $13.07M $12.76M $12.76M
YoY Change 21.61% 20.68% 20.68%
TOTAL ASSETS
Total Short-Term Assets $14.51M $16.27M $16.27M
Total Long-Term Assets $13.07M $12.76M $12.76M
Total Assets $27.58M $29.03M $29.03M
YoY Change -2.26% 0.09% 0.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $452.8K $1.106M $1.106M
YoY Change -27.03% 143.86% 143.86%
Accrued Expenses $762.5K $796.0K $1.095M
YoY Change 40.5% 25.65% -18.13%
Deferred Revenue
YoY Change
Short-Term Debt $84.00K $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.584M $2.230M $2.230M
YoY Change -20.58% -2.48% -2.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.219M $0.00 $1.240M
YoY Change -100.0% 150.53%
Total Long-Term Liabilities $1.219M $0.00 $1.240M
YoY Change -100.0% 150.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.584M $2.230M $2.230M
Total Long-Term Liabilities $1.219M $0.00 $1.240M
Total Liabilities $2.802M $3.470M $3.470M
YoY Change 12.7% 24.74% 24.74%
SHAREHOLDERS EQUITY
Retained Earnings -$7.588M -$6.296M
YoY Change 307.95% 866.9%
Common Stock $32.63M $32.02M
YoY Change 18.18% 18.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $52.40K $52.40K
YoY Change 0.0% 0.0%
Treasury Stock Shares 19.80K shares 19.80K shares
Shareholders Equity $24.77M $25.56M $25.56M
YoY Change
Total Liabilities & Shareholders Equity $27.58M $29.03M $29.03M
YoY Change -2.26% 0.09% 0.09%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$1.292M -$2.004M -$5.644M
YoY Change 6.88% 47.24% 53.69%
Depreciation, Depletion And Amortization $188.9K $106.4K $688.2K
YoY Change 14.42% -14.74% 173.64%
Cash From Operating Activities -$1.466M -$1.817M -$5.512M
YoY Change 32.35% 156.22% 66.95%
INVESTING ACTIVITIES
Capital Expenditures $160.1K -$420.2K $757.6K
YoY Change 227.4% 2701.33% -481.28%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $1.027M $1.220M -$2.992M
YoY Change -131.36% -119.97% -72.0%
Cash From Investing Activities $866.6K $799.3K -$3.749M
YoY Change -126.08% -113.06% -65.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $84.00K -98.80K $2.628M
YoY Change -100.62% -83.88%
NET CHANGE
Cash From Operating Activities -$1.466M -1.817M -$5.512M
Cash From Investing Activities $866.6K 799.3K -$3.749M
Cash From Financing Activities $84.00K -98.80K $2.628M
Net Change In Cash -$533.4K -1.116M -$6.704M
YoY Change -87.96% -112.32% -415.53%
FREE CASH FLOW
Cash From Operating Activities -$1.466M -$1.817M -$5.512M
Capital Expenditures $160.1K -$420.2K $757.6K
Free Cash Flow -$1.626M -$1.396M -$6.270M
YoY Change 40.59% 101.21% 102.06%

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OperatingIncomeLoss
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CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
185100 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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CY2022 us-gaap Interest And Other Income
InterestAndOtherIncome
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CY2021 us-gaap Interest And Other Income
InterestAndOtherIncome
82200 usd
CY2022 scnd Nonoperating Income Expensenet
NonoperatingIncomeExpensenet
262400 usd
CY2021 scnd Nonoperating Income Expensenet
NonoperatingIncomeExpensenet
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7001600 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4055000 usd
CY2022 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
-99200 usd
CY2021 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-945000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1352800 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-945000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
4400 usd
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-562500 usd
CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2022 scnd Unrealized Holding Loss On Investment Securities Net Of Tax
UnrealizedHoldingLossOnInvestmentSecuritiesNetOfTax
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CY2021 scnd Unrealized Holding Loss On Investment Securities Net Of Tax
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-86200 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-9200 usd
CY2022 scnd Comprehensive Gain
ComprehensiveGain
-96400 usd
CY2021 scnd Comprehensive Gain
ComprehensiveGain
-9200 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2022 scnd Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-0.85
CY2021 scnd Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-1.15
CY2020Q2 us-gaap Stockholders Equity
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11721400 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3672500 usd
CY2021 scnd Stock Issued During Period Amount New Issues
StockIssuedDuringPeriodAmountNewIssues
16074000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2108000 usd
CY2021Q2 us-gaap Stockholders Equity
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CY2022 us-gaap Net Income Loss
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CY2022 scnd Stock Issued During Period Amount New Issues
StockIssuedDuringPeriodAmountNewIssues
2727200 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-86200 usd
CY2022 scnd Unrealized Holding Loss On Investment Securities Net Of Tax
UnrealizedHoldingLossOnInvestmentSecuritiesNetOfTax
-10200 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2350600 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
25561800 usd
CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
32700 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-35600 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
233700 usd
CY2021 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
10400 usd
CY2022 us-gaap Provision For Loan And Lease Losses
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0 usd
CY2021 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-531100 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
688200 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
251500 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1253600 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1152500 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
405400 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
2350600 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2108000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-42500 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-30000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-206700 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-75500 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1719200 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-560000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
810200 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
138000 usd
CY2022 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
172200 usd
CY2021 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1500 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-207800 usd
CY2021 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-211400 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
652400 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
79600 usd
CY2022 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
29000 usd
CY2021 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-20000 usd
CY2022 scnd Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
807900 usd
CY2021 scnd Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-105600 usd
CY2022 scnd Bank Overdraft
BankOverdraft
-321700 usd
CY2021 scnd Bank Overdraft
BankOverdraft
278600 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-8100 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
0 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
10900 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-10900 usd
CY2022 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
180300 usd
CY2021 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-195200 usd
CY2022 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
132500 usd
CY2021 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
371000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5511900 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3301500 usd
CY2022 scnd Redemption Of Investment Securities Available For Sale
RedemptionOfInvestmentSecuritiesAvailableForSale
2709800 usd
CY2021 scnd Redemption Of Investment Securities Available For Sale
RedemptionOfInvestmentSecuritiesAvailableForSale
6181400 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5634500 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
9569000 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
440000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7679000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
757600 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
198700 usd
CY2022 us-gaap Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
67000 usd
CY2021 us-gaap Payments For Purchase Of Other Assets1
PaymentsForPurchaseOfOtherAssets1
58700 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3749300 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10884000 usd
CY2022 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
3000000 usd
CY2021 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
17080400 usd
CY2022 scnd Issuance Of Common Stock And Warrants
IssuanceOfCommonStockAndWarrants
-272800 usd
CY2021 scnd Issuance Of Common Stock And Warrants
IssuanceOfCommonStockAndWarrants
-1006400 usd
CY2022 us-gaap Payments For Commissions
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98800 usd
CY2021 us-gaap Payments For Commissions
PaymentsForCommissions
168000 usd
CY2022 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
0 usd
CY2021 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
401100 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3100 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2628400 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16310200 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-71300 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9200 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6704100 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2115500 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9675200 usd
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7559700 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2971100 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9675200 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
2500 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1010900 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2022 scnd Record Lease Liabilities
RecordLeaseLiabilities
1010400 usd
CY2021 scnd Record Lease Liabilities
RecordLeaseLiabilities
0 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission requires management to make estimates and judgments that affect the amounts reported in the financial statements and accompanying notes. Estimates are used for, but not limited to, the allowance for doubtful accounts, slow-moving inventory reserves, depreciation and amortization, the fair values of intangibles and goodwill, and provision or benefit for income taxes. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.</p>
CY2022 scnd Obligation Percentage
ObligationPercentage
0.50 pure
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1984300 usd
CY2021Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
8922800 usd
CY2022 scnd Finite Lived Intangible Assets
FiniteLivedIntangibleAssets
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Intangible assets consist primarily of acquired technology, customer relationships, non-compete agreements, patents, licenses, websites, intellectual property in-process research and development (“IPR&amp;D”), trademarks and trade names. All intangible assets are amortized on a straight-line basis over the estimated useful lives of the respective assets, generally 3 to 10 years. The Company continually evaluates the remaining estimated useful lives of intangible assets that are being amortized to determine whether events or circumstances warrant a revision to the remaining period of amortization.</p>
CY2022 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.050 pure
CY2022 us-gaap Advertising Expense
AdvertisingExpense
628700 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
399700 usd
CY2022Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
6391600 usd
CY2022Q2 scnd Unrealized Holding Gain Loss
UnrealizedHoldingGainLoss
-140800 usd
CY2021Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3687300 usd
CY2021Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
3744600 usd
CY2022 us-gaap Reclassifications
Reclassifications
<p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Certain balances from fiscal 2021 have been reclassified to conform to the current year presentation.</p>
CY2022 scnd Description Of New Accounting Pronouncement Not Yet Adopted
DescriptionOfNewAccountingPronouncementNotYetAdopted
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company has evaluated all recent accounting pronouncements as issued by the FASB in the form of Accounting Standards Updates (“ASU”) through the date these financial statements were available to be issued and found no recent pronouncements issued to have a material impact on the financial statements of the Company. The Company continually evaluates ASU’s issued, but not yet effective, to determine whether the ASU will have any material impact on the Company and its operations.</p>
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2971100 usd
CY2022Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
6391600 usd
CY2022Q2 us-gaap Assets Fair Value Disclosure
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9362700 usd
CY2022Q2 scnd Contingent Consideration1
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0 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9675200 usd
CY2021Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
3744600 usd
CY2021Q2 us-gaap Assets Fair Value Disclosure
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13419800 usd
CY2021Q2 scnd Contingent Consideration1
ContingentConsideration1
160000 usd
CY2022Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
6532400 usd
CY2021Q2 scnd Unrealized Holding Gain Loss
UnrealizedHoldingGainLoss
57300 usd
CY2022Q2 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
117500 usd
CY2022Q2 scnd Paid To The Sellers
PaidToTheSellers
98800 usd
CY2022Q2 scnd Unpaid As Account Payable
UnpaidAsAccountPayable
18700 usd
CY2021Q2 scnd Contingent Consideration1
ContingentConsideration1
160000 usd
CY2020Q2 scnd Contingent Consideration1
ContingentConsideration1
358000 usd
CY2022 scnd Increase Decrease In Contingent Liabilities
IncreaseDecreaseInContingentLiabilities
-42500 usd
CY2021 scnd Increase Decrease In Contingent Liabilities
IncreaseDecreaseInContingentLiabilities
-30000 usd
CY2022 scnd Payments For Contingent Liabilities
PaymentsForContingentLiabilities
-117500 usd
CY2021 scnd Payments For Contingent Liabilities
PaymentsForContingentLiabilities
-168000 usd
CY2022Q2 scnd Contingent Consideration
ContingentConsideration
0 usd
CY2021Q2 scnd Contingent Consideration
ContingentConsideration
160000 usd
CY2022Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3298300 usd
CY2021Q2 us-gaap Inventory Net
InventoryNet
2977100 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2088700 usd
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1516300 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1083100 usd
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1103700 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1005600 usd
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
412600 usd
CY2022 us-gaap Depreciation
Depreciation
145300 usd
CY2021 us-gaap Depreciation
Depreciation
104600 usd
CY2022 scnd Wrote Off Fully Depreciated Assets
WroteOffFullyDepreciatedAssets
164600 usd
CY2021 scnd Wrote Off Fully Depreciated Assets
WroteOffFullyDepreciatedAssets
0 usd
CY2022 scnd Accumulated Depreciated Amount
AccumulatedDepreciatedAmount
164600 usd
CY2021 scnd Accumulated Depreciated Amount
AccumulatedDepreciatedAmount
0 usd
CY2022Q2 us-gaap Goodwill
Goodwill
4395400 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4402200 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2322400 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2079800 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4337300 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1779500 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2557800 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
542900 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
146900 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
535900 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
520800 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
485300 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
284400 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
136800 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
116600 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2079800 usd
CY2022 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
7880100 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
201100 usd
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.00
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.00
CY2021Q2 us-gaap Proceeds From Issuance Of Common Stock
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