2020 Form 10-K Financial Statement
#000110465920072425 Filed on June 11, 2020
Income Statement
| Concept | 2020 |
|---|---|
| Revenue | $16.01M |
| YoY Change | -4.16% |
| Cost Of Revenue | $12.87M |
| YoY Change | 6.19% |
| Gross Profit | $3.139M |
| YoY Change | -31.52% |
| Gross Profit Margin | 19.61% |
| Selling, General & Admin | $2.785M |
| YoY Change | 1.42% |
| % of Gross Profit | 88.73% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $717.6K |
| YoY Change | -4.29% |
| % of Gross Profit | 22.86% |
| Operating Expenses | $2.785M |
| YoY Change | 1.42% |
| Operating Profit | $353.7K |
| YoY Change | -80.75% |
| Interest Expense | -$296.1K |
| YoY Change | -183.44% |
| % of Operating Profit | -83.7% |
| Other Income/Expense, Net | $22.75K |
| YoY Change | -107.25% |
| Pretax Income | -$414.6K |
| YoY Change | -127.2% |
| Income Tax | -$73.04K |
| % Of Pretax Income | |
| Net Earnings | -$341.6K |
| YoY Change | -131.03% |
| Net Earnings / Revenue | -2.13% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$11.67K |
| COMMON SHARES | |
| Basic Shares Outstanding | 29.26M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $930.9K |
| YoY Change | -54.29% |
| Cash & Equivalents | $930.9K |
| Short-Term Investments | |
| Other Short-Term Assets | $606.2K |
| YoY Change | 21.7% |
| Inventory | $1.218M |
| Prepaid Expenses | |
| Receivables | $5.495M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $8.250M |
| YoY Change | -10.1% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $4.183M |
| YoY Change | -13.94% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $2.148M |
| YoY Change | 6.84% |
| Total Long-Term Assets | $6.331M |
| YoY Change | -7.86% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $8.250M |
| Total Long-Term Assets | $6.331M |
| Total Assets | $14.58M |
| YoY Change | -9.14% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $185.1K |
| YoY Change | -69.61% |
| Accrued Expenses | $774.0K |
| YoY Change | 2.73% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $109.8K |
| YoY Change | -86.64% |
| Total Short-Term Liabilities | $2.654M |
| YoY Change | -9.27% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $2.457M |
| YoY Change | -27.97% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $2.457M |
| YoY Change | -27.97% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.654M |
| Total Long-Term Liabilities | $2.457M |
| Total Liabilities | $5.111M |
| YoY Change | -19.34% |
| 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 | $9.469M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $14.58M |
| YoY Change | -9.14% |
Cashflow Statement
| Concept | 2020 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$341.6K |
| YoY Change | -131.03% |
| Depreciation, Depletion And Amortization | $717.6K |
| YoY Change | -4.29% |
| Cash From Operating Activities | $676.8K |
| YoY Change | 27.38% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$39.83K |
| YoY Change | -108.92% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | -100.0% |
| Cash From Investing Activities | -$39.83K |
| YoY Change | -90.32% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -1.743M |
| YoY Change | 125.63% |
| NET CHANGE | |
| Cash From Operating Activities | 676.8K |
| Cash From Investing Activities | -39.83K |
| Cash From Financing Activities | -1.743M |
| Net Change In Cash | -1.106M |
| YoY Change | 69.5% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $676.8K |
| Capital Expenditures | -$39.83K |
| Free Cash Flow | $716.6K |
| YoY Change | 746.49% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
29258692 |
