2024 Q3 Form 10-Q Financial Statement

#000101738624000226 Filed on August 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $1.116M
YoY Change 5.88%
Cost Of Revenue $942.0K
YoY Change 111.69%
Gross Profit $174.0K
YoY Change -71.43%
Gross Profit Margin 15.59%
Selling, General & Admin $576.0K
YoY Change 24.14%
% of Gross Profit 331.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.00K
YoY Change 186.67%
% of Gross Profit 24.71%
Operating Expenses $1.561M
YoY Change 38.76%
Operating Profit -$445.0K
YoY Change 526.76%
Interest Expense $243.0K
YoY Change 22.11%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$202.0K
YoY Change -257.81%
Income Tax -$62.00K
% Of Pretax Income
Net Earnings -$140.0K
YoY Change -212.0%
Net Earnings / Revenue -12.54%
Basic Earnings Per Share -$0.02
Diluted Earnings Per Share -$0.02
COMMON SHARES
Basic Shares Outstanding 6.740M shares 6.740M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.359M
YoY Change 12.64%
Cash & Equivalents $7.359M
Short-Term Investments
Other Short-Term Assets $270.0K
YoY Change 0.0%
Inventory
Prepaid Expenses
Receivables $1.731M
Other Receivables $146.0K
Total Short-Term Assets $9.506M
YoY Change 4.55%
LONG-TERM ASSETS
Property, Plant & Equipment $631.0K
YoY Change 8.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $16.48M
YoY Change -1.79%
Other Assets $47.00K
YoY Change 1075.0%
Total Long-Term Assets $18.48M
YoY Change -1.51%
TOTAL ASSETS
Total Short-Term Assets $9.506M
Total Long-Term Assets $18.48M
Total Assets $27.99M
YoY Change 0.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.545M
YoY Change 0.51%
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 $6.545M
YoY Change 0.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $4.314M
YoY Change 5.55%
Total Long-Term Liabilities $4.314M
YoY Change 4.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.545M
Total Long-Term Liabilities $4.314M
Total Liabilities $10.86M
YoY Change 2.01%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.919M
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $17.13M
YoY Change
Total Liabilities & Shareholders Equity $27.99M
YoY Change 0.47%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$140.0K
YoY Change -212.0%
Depreciation, Depletion And Amortization $43.00K
YoY Change 186.67%
Cash From Operating Activities $41.00K
YoY Change -35.94%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $53.00K
YoY Change -101.28%
Cash From Investing Activities $53.00K
YoY Change -101.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities 41.00K
Cash From Investing Activities 53.00K
Cash From Financing Activities
Net Change In Cash 94.00K
YoY Change -102.28%
FREE CASH FLOW
Cash From Operating Activities $41.00K
Capital Expenditures $0.00
Free Cash Flow $41.00K
YoY Change -34.92%

Facts In Submission

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3000 usd
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
-35000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
422000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
632000 usd
spnd Capitalized Acquisition Exploration And Development
CapitalizedAcquisitionExplorationAndDevelopment
31000 usd
spnd Capitalized Acquisition Exploration And Development
CapitalizedAcquisitionExplorationAndDevelopment
486000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
84000 usd
us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
-100000 usd
us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
7200000 usd
us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
104000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
69000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7666000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
10375 shares
spnd Purchase Of Tresasury Stock
PurchaseOfTresasuryStock
30000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
491000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7064000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7138000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13867000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7629000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6803000 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
104000 usd
CY2023Q2 us-gaap Oil And Gas Producing Properties Of Rate Regulated Companies Unamortized Cost
OilAndGasProducingPropertiesOfRateRegulatedCompaniesUnamortizedCost
230000 usd

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0001017386-24-000226.txt Edgar Link pending
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