2021 Q1 Form 10-Q Financial Statement

#000145247721000028 Filed on May 07, 2021

View on sec.gov

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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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

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