$SKAS
Saker Aviation Services, Inc.

2015 Q1 Form 10-Q Financial Statement

#000114420416102127 Filed on May 16, 2016

View on sec.gov

Income Statement

Concept 2015 Q1
Revenue $2.710M
YoY Change -11.01%
Cost Of Revenue $1.494M
YoY Change -16.61%
Gross Profit $1.216M
YoY Change -3.01%
Gross Profit Margin 44.88%
Selling, General & Admin $1.339M
YoY Change 10.39%
% of Gross Profit 110.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $150.0K
YoY Change 15.38%
% of Gross Profit 12.33%
Operating Expenses $1.339M
YoY Change 10.39%
Operating Profit -$122.3K
YoY Change -394.62%
Interest Expense $14.01K
YoY Change -44.06%
% of Operating Profit
Other Income/Expense, Net -$14.30K
YoY Change -8.6%
Pretax Income -$136.6K
YoY Change -628.01%
Income Tax $43.00K
% Of Pretax Income
Net Earnings -$136.6K
YoY Change -1250.83%
Net Earnings / Revenue -5.04%
Basic Earnings Per Share
Diluted Earnings Per Share -$127.3K
COMMON SHARES
Basic Shares Outstanding 33.11M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $460.0K
YoY Change 411.11%
Cash & Equivalents $460.2K
Short-Term Investments
Other Short-Term Assets $290.0K
YoY Change -77.17%
Inventory $283.9K
Prepaid Expenses
Receivables $1.458M
Other Receivables $0.00
Total Short-Term Assets $2.489M
YoY Change -21.25%
LONG-TERM ASSETS
Property, Plant & Equipment $1.957M
YoY Change -16.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $540.0K
YoY Change 200.0%
Total Long-Term Assets $3.161M
YoY Change -21.35%
TOTAL ASSETS
Total Short-Term Assets $2.489M
Total Long-Term Assets $3.161M
Total Assets $5.650M
YoY Change -21.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $490.0K
YoY Change -38.69%
Accrued Expenses $190.0K
YoY Change -52.95%
Deferred Revenue
YoY Change
Short-Term Debt $550.0K
YoY Change 10.0%
Long-Term Debt Due $370.0K
YoY Change -61.86%
Total Short-Term Liabilities $1.730M
YoY Change -38.93%
LONG-TERM LIABILITIES
Long-Term Debt $860.0K
YoY Change -25.86%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $860.0K
YoY Change -25.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.730M
Total Long-Term Liabilities $860.0K
Total Liabilities $2.590M
YoY Change -37.45%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.060M
YoY Change
Total Liabilities & Shareholders Equity $5.650M
YoY Change -21.31%

Cashflow Statement

Concept 2015 Q1
OPERATING ACTIVITIES
Net Income -$136.6K
YoY Change -1250.83%
Depreciation, Depletion And Amortization $150.0K
YoY Change 15.38%
Cash From Operating Activities $40.00K
YoY Change -233.33%
INVESTING ACTIVITIES
Capital Expenditures $14.25K
YoY Change -25.32%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$10.00K
YoY Change -200.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -90.00K
YoY Change 200.0%
NET CHANGE
Cash From Operating Activities 40.00K
Cash From Investing Activities -10.00K
Cash From Financing Activities -90.00K
Net Change In Cash -60.00K
YoY Change 20.0%
FREE CASH FLOW
Cash From Operating Activities $40.00K
Capital Expenditures $14.25K
Free Cash Flow $25.75K
YoY Change -152.47%

Facts In Submission

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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Reclassifications</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Certain reclassifications were made to prior year amounts to conform to the current year presentation. None of the reclassifications affected the Company&#8217;s net (loss) income in any period.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

Files In Submission

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0001144204-16-102127-index-headers.html Edgar Link pending
0001144204-16-102127-index.html Edgar Link pending
0001144204-16-102127.txt Edgar Link pending
0001144204-16-102127-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
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R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
skas-20160331.xml Edgar Link completed
skas-20160331.xsd Edgar Link pending
skas-20160331_cal.xml Edgar Link unprocessable
skas-20160331_def.xml Edgar Link unprocessable
skas-20160331_lab.xml Edgar Link unprocessable
skas-20160331_pre.xml Edgar Link unprocessable
v439242_10q.htm Edgar Link pending
v439242_ex31-1.htm Edgar Link pending
v439242_ex31-2.htm Edgar Link pending
v439242_ex32-1.htm Edgar Link pending