2019 Q1 Form 10-Q Financial Statement
#000143774919010043 Filed on May 15, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $2.073M | $2.078M |
YoY Change | -0.28% | 1.82% |
Cost Of Revenue | $1.183M | $1.408M |
YoY Change | -15.97% | 17.16% |
Gross Profit | $889.5K | $670.4K |
YoY Change | 32.69% | -20.14% |
Gross Profit Margin | 42.92% | 32.25% |
Selling, General & Admin | $832.0K | $904.2K |
YoY Change | -7.99% | 1.74% |
% of Gross Profit | 93.53% | 134.88% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $21.82K | $140.0K |
YoY Change | -84.41% | 7.69% |
% of Gross Profit | 2.45% | 20.88% |
Operating Expenses | $832.0K | $904.2K |
YoY Change | -7.99% | 1.74% |
Operating Profit | $57.58K | -$233.8K |
YoY Change | -124.62% | 373.67% |
Interest Expense | $2.651K | $3.799K |
YoY Change | -30.22% | -29.8% |
% of Operating Profit | 4.6% | |
Other Income/Expense, Net | $5.757K | $10.27K |
YoY Change | -43.93% | -289.73% |
Pretax Income | $63.34K | -$223.6K |
YoY Change | -128.33% | 308.13% |
Income Tax | $11.00K | |
% Of Pretax Income | 17.37% | |
Net Earnings | $52.34K | -$223.6K |
YoY Change | -123.41% | 46.97% |
Net Earnings / Revenue | 2.52% | -10.76% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $51.34K | -$205.6K |
COMMON SHARES | ||
Basic Shares Outstanding | 1.007M | 1.067M |
Diluted Shares Outstanding | 1.020M | 1.085M |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.951M | $2.080M |
YoY Change | 41.88% | 38.67% |
Cash & Equivalents | $2.951M | $2.082M |
Short-Term Investments | ||
Other Short-Term Assets | $454.0K | $350.0K |
YoY Change | 29.71% | -12.5% |
Inventory | $190.6K | $159.7K |
Prepaid Expenses | ||
Receivables | $541.2K | $591.3K |
Other Receivables | $546.0K | $1.120M |
Total Short-Term Assets | $4.683M | $4.306M |
YoY Change | 8.76% | 12.42% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $250.3K | $548.2K |
YoY Change | -54.34% | -42.29% |
Goodwill | $750.0K | $750.0K |
YoY Change | 0.0% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $509.5K | $490.0K |
YoY Change | 3.98% | 19.51% |
Total Long-Term Assets | $2.045M | $1.786M |
YoY Change | 14.51% | -23.69% |
TOTAL ASSETS | ||
Total Short-Term Assets | $4.683M | $4.306M |
Total Long-Term Assets | $2.045M | $1.786M |
Total Assets | $6.728M | $6.091M |
YoY Change | 10.45% | -1.27% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $368.6K | $377.3K |
YoY Change | -2.31% | -0.71% |
Accrued Expenses | $303.5K | $227.3K |
YoY Change | 33.51% | -5.28% |
Deferred Revenue | $128.7K | |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $29.89K | $150.0K |
YoY Change | -80.07% | -57.14% |
Total Short-Term Liabilities | $890.3K | $885.1K |
YoY Change | 0.59% | -18.8% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $260.0K |
YoY Change | -100.0% | -33.33% |
Other Long-Term Liabilities | $430.1K | |
YoY Change | ||
Total Long-Term Liabilities | $430.1K | $260.0K |
YoY Change | 65.43% | -33.33% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $890.3K | $885.1K |
Total Long-Term Liabilities | $430.1K | $260.0K |
Total Liabilities | $1.320M | $1.145M |
YoY Change | 15.33% | -22.64% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$14.39M | -$14.98M |
YoY Change | -3.92% | |
Common Stock | $19.80M | $19.92M |
YoY Change | -0.63% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $5.407M | $4.946M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $6.728M | $6.091M |
YoY Change | 10.45% | -1.27% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $52.34K | -$223.6K |
YoY Change | -123.41% | 46.97% |
Depreciation, Depletion And Amortization | $21.82K | $140.0K |
YoY Change | -84.41% | 7.69% |
Cash From Operating Activities | $243.1K | $436.4K |
YoY Change | -44.3% | -170.31% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $42.13K | $19.09K |
YoY Change | 120.63% | 445.54% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$42.13K | -$19.09K |
YoY Change | 120.63% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $15.33K |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -88.38K | -59.35K |
YoY Change | 48.9% | -12.07% |
NET CHANGE | ||
Cash From Operating Activities | 243.1K | 436.4K |
Cash From Investing Activities | -42.13K | -19.09K |
Cash From Financing Activities | -88.38K | -59.35K |
Net Change In Cash | 112.5K | 357.9K |
YoY Change | -68.55% | -152.01% |
FREE CASH FLOW | ||
Cash From Operating Activities | $243.1K | $436.4K |
Capital Expenditures | $42.13K | $19.09K |
Free Cash Flow | $200.9K | $417.3K |
YoY Change | -51.85% | -166.86% |
Facts In Submission
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-14440541 | |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2072772 | |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2078489 | |
CY2019Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
831956 | |
CY2018Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
904195 | |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8500 | |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8500 | |
CY2018Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
15334 | |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5407337 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5346501 | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5176784 | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4946387 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1019572 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1084767 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1007293 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1067281 |