2021 Q1 Form 10-Q Financial Statement
#000145247721000028 Filed on May 07, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $2.001M | |
YoY Change | ||
Cost Of Revenue | $715.0K | |
YoY Change | ||
Gross Profit | $1.286M | |
YoY Change | ||
Gross Profit Margin | 64.27% | |
Selling, General & Admin | $592.0K | |
YoY Change | ||
% of Gross Profit | 46.03% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $918.0K | |
YoY Change | ||
Operating Profit | $368.0K | |
YoY Change | ||
Interest Expense | $0.00 | $554.0K |
YoY Change | -100.0% | |
% of Operating Profit | 0.0% | |
Other Income/Expense, Net | $53.00K | |
YoY Change | ||
Pretax Income | $368.0K | |
YoY Change | ||
Income Tax | $18.00K | |
% Of Pretax Income | 4.89% | |
Net Earnings | $350.0K | |
YoY Change | ||
Net Earnings / Revenue | 17.49% | |
Basic Earnings Per Share | $0.03 | |
Diluted Earnings Per Share | $0.03 | |
COMMON SHARES | ||
Basic Shares Outstanding | 10.20M shares | |
Diluted Shares Outstanding | 10.20M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $46.84M | |
YoY Change | ||
Cash & Equivalents | $46.84M | $50.00K |
Short-Term Investments | ||
Other Short-Term Assets | $305.0K | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $47.14M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $147.2M | |
YoY Change | ||
Other Assets | $220.0K | |
YoY Change | ||
Total Long-Term Assets | $147.9M | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $47.14M | |
Total Long-Term Assets | $147.9M | |
Total Assets | $195.1M | |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.121M | |
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $1.823M | |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.823M | |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $1.823M | |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | $350.0K | |
YoY Change | ||
Common Stock | $192.9M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $193.2M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $195.1M | |
YoY Change |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $350.0K | |
YoY Change | ||
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$1.385M | $3.540M |
YoY Change | -139.12% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$55.04M | |
YoY Change | ||
Cash From Investing Activities | -$55.04M | |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $0.00 | |
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$76.00K | -$3.497M |
YoY Change | -97.83% | |
NET CHANGE | ||
Cash From Operating Activities | -$1.385M | $3.540M |
Cash From Investing Activities | -$55.04M | |
Cash From Financing Activities | -$76.00K | -$3.497M |
Net Change In Cash | -$56.51M | $43.00K |
YoY Change | -131506.98% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$1.385M | $3.540M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
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38000 | USD |
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Unrealized Gain Loss On Investments
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Realized Investment Gains Losses And Foreign Currency Transaction Gain Loss
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915000 | USD |
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|
3540000 | USD |
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Payments Of Dividends Preferred Stock And Preference Stock
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3367000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3497000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
43000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
50000 | USD |
CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
609000 | USD |
CY2020Q4 | rmrm |
Other Assets Excluding Investment Owned
OtherAssetsExcludingInvestmentOwned
|
101015000 | USD |
CY2020Q4 | us-gaap |
Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
|
1.000 | |
CY2020Q4 | us-gaap |
Assets Net
AssetsNet
|
192894000 | USD |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the accompanying condensed consolidated financial statements include the fair value of financial instruments. | |
CY2021Q1 | us-gaap |
Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
|
1 | |
CY2021Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
76000 | USD |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
7 | loan |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2021Q1 | rmrm |
Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
|
177195000 | USD |
CY2020Q4 | rmrm |
Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
|
111720000 | USD |
CY2021Q1 | rmrm |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
28613000 | USD |
CY2020Q4 | rmrm |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
18857000 | USD |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
148652000 | USD |
CY2020Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
92863000 | USD |
CY2021Q1 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
1405000 | USD |
CY2020Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
984000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
147247000 | USD |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021Q1 | rmrm |
Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
|
0.0499 | |
CY2020Q4 | rmrm |
Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
|
0.0508 | |
CY2021Q1 | rmrm |
Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
|
0.0565 | |
CY2020Q4 | rmrm |
Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
|
0.0571 | |
CY2021Q1 | rmrm |
Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
|
P4Y3M18D | |
CY2020 | rmrm |
Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
|
P4Y2M12D | |
CY2021Q1 | rmrm |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2020Q4 | rmrm |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2021Q1 | rmrm |
Loan Receivable Loan To Value Ratio Percentage
LoanReceivableLoanToValueRatioPercentage
|
0.67 | |
CY2020Q4 | rmrm |
Loan Receivable Loan To Value Ratio Percentage
LoanReceivableLoanToValueRatioPercentage
|
0.68 | |
CY2020Q4 | rmrm |
Financing Receivable Capitalized Interest
FinancingReceivableCapitalizedInterest
|
69000 | USD |
CY2021Q1 | rmrm |
Financing Receivable Capitalized Interest
FinancingReceivableCapitalizedInterest
|
69000 | USD |
CY2020Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
92863000 | USD |
CY2020Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
984000 | USD |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
274000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
274000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
55515000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
|
675000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
|
54840000 | USD |
CY2021Q1 | rmrm |
Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
|
254000 | USD |
CY2021Q1 | rmrm |
Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
|
254000 | USD |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
148652000 | USD |
CY2021Q1 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
1405000 | USD |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
147247000 | USD |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
7 | loan |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
147247000 | USD |
CY2021Q1 | rmrm |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2020Q4 | rmrm |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
7 | loan |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
147247000 | USD |
CY2021Q1 | rmrm |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2020Q4 | rmrm |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2021Q1 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
7 | loan |
CY2021Q1 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
147247000 | USD |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021Q1 | rmrm |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2020Q4 | rmrm |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
193244000 | USD |
CY2021Q1 | us-gaap |
Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
|
0 | USD |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
554000 | USD |
CY2021Q1 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
0 | employee |
CY2020Q1 | us-gaap |
Administrative Fees Expense
AdministrativeFeesExpense
|
24000 | USD |
CY2021Q1 | rmrm |
Investment Advisory Agreement Annual Fee Rate Percent Of Average Daily Managed Assets
InvestmentAdvisoryAgreementAnnualFeeRatePercentOfAverageDailyManagedAssets
|
0.0085 | |
CY2020Q1 | us-gaap |
Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
|
705000 | USD |
CY2021Q1 | us-gaap |
Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
|
22000 | USD |
CY2020Q1 | rmrm |
Compliance And Internal Audit Cost
ComplianceAndInternalAuditCost
|
34000 | USD |
CY2021Q1 | rmrm |
Base Management Fee
BaseManagementFee
|
715000 | USD |
CY2021Q1 | rmrm |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
28613000 | USD |