2017 Q2 Form 10-Q Financial Statement
#000156459017016374 Filed on August 08, 2017
Income Statement
| Concept | 2017 Q2 |
|---|---|
| Revenue | $12.96M |
| YoY Change | 13.25% |
| Cost Of Revenue | $972.0K |
| YoY Change | -90.49% |
| Gross Profit | $816.0K |
| YoY Change | -33.44% |
| Gross Profit Margin | 6.3% |
| Selling, General & Admin | $630.0K |
| YoY Change | -54.94% |
| % of Gross Profit | 77.21% |
| Research & Development | $0.00 |
| YoY Change | -100.0% |
| % of Gross Profit | 0.0% |
| Depreciation & Amortization | $220.0K |
| YoY Change | 0.0% |
| % of Gross Profit | 26.96% |
| Operating Expenses | $626.0K |
| YoY Change | -60.73% |
| Operating Profit | $190.0K |
| YoY Change | -151.63% |
| Interest Expense | $60.00K |
| YoY Change | -89.47% |
| % of Operating Profit | 31.58% |
| Other Income/Expense, Net | -$8.000K |
| YoY Change | -102.52% |
| Pretax Income | -$205.0K |
| YoY Change | -203.54% |
| Income Tax | -$90.00K |
| % Of Pretax Income | |
| Net Earnings | -$1.059M |
| YoY Change | -801.32% |
| Net Earnings / Revenue | -8.17% |
| Basic Earnings Per Share | -$0.13 |
| Diluted Earnings Per Share | -$0.13 |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 Q2 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $3.240M |
| YoY Change | -18.18% |
| Cash & Equivalents | $3.240M |
| Short-Term Investments | |
| Other Short-Term Assets | $7.490M |
| YoY Change | 21.2% |
| Inventory | $1.110M |
| Prepaid Expenses | |
| Receivables | $6.800M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $18.63M |
| YoY Change | -0.25% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $7.020M |
| YoY Change | -7.52% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $2.047M |
| YoY Change | -0.05% |
| Other Assets | $90.00K |
| YoY Change | 50.0% |
| Total Long-Term Assets | $18.58M |
| YoY Change | -0.71% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $18.63M |
| Total Long-Term Assets | $18.58M |
| Total Assets | $37.21M |
| YoY Change | -0.48% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $10.06M |
| YoY Change | 34.85% |
| Accrued Expenses | $1.040M |
| YoY Change | 65.08% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $300.0K |
| YoY Change | -66.67% |
| Long-Term Debt Due | $0.00 |
| YoY Change | -100.0% |
| Total Short-Term Liabilities | $15.79M |
| YoY Change | 54.8% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $6.100M |
| YoY Change | 50.62% |
| Other Long-Term Liabilities | $240.0K |
| YoY Change | -14.29% |
| Total Long-Term Liabilities | $6.340M |
| YoY Change | 46.42% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $15.79M |
| Total Long-Term Liabilities | $6.340M |
| Total Liabilities | $24.85M |
| YoY Change | 42.54% |
| 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 | $12.36M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $37.21M |
| YoY Change | -0.48% |
Cashflow Statement
| Concept | 2017 Q2 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.059M |
| YoY Change | -801.32% |
| Depreciation, Depletion And Amortization | $220.0K |
| YoY Change | 0.0% |
| Cash From Operating Activities | $1.390M |
| YoY Change | -153.88% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$60.00K |
| YoY Change | -76.92% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $780.0K |
| YoY Change | -13.33% |
| Cash From Investing Activities | $720.0K |
| YoY Change | 12.5% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -410.0K |
| YoY Change | -66.94% |
| NET CHANGE | |
| Cash From Operating Activities | 1.390M |
| Cash From Investing Activities | 720.0K |
| Cash From Financing Activities | -410.0K |
| Net Change In Cash | 1.700M |
| YoY Change | -153.46% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $1.390M |
| Capital Expenditures | -$60.00K |
| Free Cash Flow | $1.450M |
| YoY Change | -162.5% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
| us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
7000000 | ||
| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
200000 | ||
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
427000 | ||
| us-gaap |
Stock Issued1
StockIssued1
|
300000 | ||
| CY2017Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.01 | |
| aeti |
Interest In Joint Venture Foreign
InterestInJointVentureForeign
|
2 | ||
| CY2016Q4 | aeti |
Investments In Foreign Joint Ventures
InvestmentsInForeignJointVentures
|
10663000 | |
| aeti |
Income Loss From Equity Method Investments In Foreign Joint Venture
IncomeLossFromEquityMethodInvestmentsInForeignJointVenture
|
186000 | ||
| us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
781000 | ||
| aeti |
Change In Equity Method Investment Foreign Currency Translation
ChangeInEquityMethodInvestmentForeignCurrencyTranslation
|
177000 | ||
| CY2017Q2 | aeti |
Investments In Foreign Joint Ventures
InvestmentsInForeignJointVentures
|
10245000 | |
| CY2017Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
2047000 | |
| CY2017Q2 | aeti |
Equity Method Investments Undistributed Earnings
EquityMethodInvestmentsUndistributedEarnings
|
7704000 | |
| CY2017Q2 | aeti |
Investment In Foreign Currency Translation
InvestmentInForeignCurrencyTranslation
|
494000 | |
| CY2017Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
553000 | |
| CY2017Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
687000 | |
| CY2017Q2 | us-gaap |
Inventory Gross
InventoryGross
|
1240000 |
