2019 Form 10-K Financial Statement
#000110465920040339 Filed on March 30, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $55.27M |
| YoY Change | 15.49% |
| Cost Of Revenue | $43.15M |
| YoY Change | 20.61% |
| Gross Profit | $12.13M |
| YoY Change | 0.34% |
| Gross Profit Margin | 21.94% |
| Selling, General & Admin | $8.883M |
| YoY Change | 14.72% |
| % of Gross Profit | 73.26% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.268M |
| YoY Change | 23.71% |
| % of Gross Profit | 10.46% |
| Operating Expenses | $8.883M |
| YoY Change | 14.72% |
| Operating Profit | $3.243M |
| YoY Change | -25.31% |
| Interest Expense | -$125.0K |
| YoY Change | 16.82% |
| % of Operating Profit | -3.85% |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | $3.118M |
| YoY Change | -26.38% |
| Income Tax | $671.0K |
| % Of Pretax Income | 21.52% |
| Net Earnings | $2.447M |
| YoY Change | -30.05% |
| Net Earnings / Revenue | 4.43% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $1.026M |
| COMMON SHARES | |
| Basic Shares Outstanding | 2.330M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.029M |
| YoY Change | -21.9% |
| Cash & Equivalents | $2.029M |
| Short-Term Investments | |
| Other Short-Term Assets | $938.0K |
| YoY Change | 15.8% |
| Inventory | $20.15M |
| Prepaid Expenses | |
| Receivables | $13.18M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $36.30M |
| YoY Change | 24.56% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $12.72M |
| YoY Change | 7.09% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $452.0K |
| YoY Change | -32.13% |
| Total Long-Term Assets | $13.17M |
| YoY Change | 5.01% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $36.30M |
| Total Long-Term Assets | $13.17M |
| Total Assets | $49.47M |
| YoY Change | 18.68% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $4.458M |
| YoY Change | 78.75% |
| Accrued Expenses | $3.318M |
| YoY Change | 19.65% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $849.0K |
| YoY Change | 17.43% |
| Total Short-Term Liabilities | $8.642M |
| YoY Change | 43.96% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $5.170M |
| YoY Change | 114.52% |
| Other Long-Term Liabilities | $2.126M |
| YoY Change | 20.86% |
| Total Long-Term Liabilities | $7.296M |
| YoY Change | 75.01% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $8.642M |
| Total Long-Term Liabilities | $7.296M |
| Total Liabilities | $15.94M |
| YoY Change | 56.69% |
| 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 | $33.53M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $49.47M |
| YoY Change | 18.68% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $2.447M |
| YoY Change | -30.05% |
| Depreciation, Depletion And Amortization | $1.268M |
| YoY Change | 23.71% |
| Cash From Operating Activities | -$620.0K |
| YoY Change | -174.43% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$2.271M |
| YoY Change | 21.7% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$2.271M |
| YoY Change | 21.7% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 2.322M |
| YoY Change | -315.8% |
| NET CHANGE | |
| Cash From Operating Activities | -620.0K |
| Cash From Investing Activities | -2.271M |
| Cash From Financing Activities | 2.322M |
| Net Change In Cash | -569.0K |
| YoY Change | -73.02% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$620.0K |
| Capital Expenditures | -$2.271M |
| Free Cash Flow | $1.651M |
| YoY Change | -38.83% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2330000 |
