2021 Form 10-K Financial Statement
#000110465921079441 Filed on June 10, 2021
Income Statement
| Concept | 2021 |
|---|---|
| Revenue | $15.60M |
| YoY Change | -2.57% |
| Cost Of Revenue | $12.13M |
| YoY Change | -5.73% |
| Gross Profit | $3.464M |
| YoY Change | 10.36% |
| Gross Profit Margin | 22.21% |
| Selling, General & Admin | $2.841M |
| YoY Change | 1.99% |
| % of Gross Profit | 82.01% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $704.1K |
| YoY Change | -1.89% |
| % of Gross Profit | 20.32% |
| Operating Expenses | $2.841M |
| YoY Change | 1.99% |
| Operating Profit | $623.3K |
| YoY Change | 76.2% |
| Interest Expense | -$202.3K |
| YoY Change | -31.66% |
| % of Operating Profit | -32.47% |
| Other Income/Expense, Net | $4.600K |
| YoY Change | -79.78% |
| Pretax Income | $425.5K |
| YoY Change | -202.63% |
| Income Tax | $104.9K |
| % Of Pretax Income | 24.65% |
| Net Earnings | $320.6K |
| YoY Change | -193.87% |
| Net Earnings / Revenue | 2.06% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $10.33K |
| COMMON SHARES | |
| Basic Shares Outstanding | 29.45M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.131M |
| YoY Change | 128.9% |
| Cash & Equivalents | $2.131M |
| Short-Term Investments | |
| Other Short-Term Assets | $379.4K |
| YoY Change | -37.4% |
| Inventory | $1.271M |
| Prepaid Expenses | |
| Receivables | $6.140M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $9.922M |
| YoY Change | 20.27% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $4.063M |
| YoY Change | -2.86% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $2.019M |
| YoY Change | -6.01% |
| Total Long-Term Assets | $6.082M |
| YoY Change | -3.93% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $9.922M |
| Total Long-Term Assets | $6.082M |
| Total Assets | $16.00M |
| YoY Change | 9.76% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $500.9K |
| YoY Change | 170.63% |
| Accrued Expenses | $867.1K |
| YoY Change | 12.02% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $2.475M |
| YoY Change | 2153.45% |
| Total Short-Term Liabilities | $4.720M |
| YoY Change | 77.82% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $1.342M |
| YoY Change | -45.37% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $1.342M |
| YoY Change | -45.37% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.720M |
| Total Long-Term Liabilities | $1.342M |
| Total Liabilities | $6.062M |
| YoY Change | 18.61% |
| 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 | $9.942M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $16.00M |
| YoY Change | 9.76% |
Cashflow Statement
| Concept | 2021 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $320.6K |
| YoY Change | -193.87% |
| Depreciation, Depletion And Amortization | $704.1K |
| YoY Change | -1.89% |
| Cash From Operating Activities | $635.9K |
| YoY Change | -6.05% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$617.5K |
| YoY Change | 1450.36% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $9.580K |
| YoY Change | |
| Cash From Investing Activities | -$607.9K |
| YoY Change | 1426.31% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 1.172M |
| YoY Change | -167.24% |
| NET CHANGE | |
| Cash From Operating Activities | 635.9K |
| Cash From Investing Activities | -607.9K |
| Cash From Financing Activities | 1.172M |
| Net Change In Cash | 1.200M |
| YoY Change | -208.48% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $635.9K |
| Capital Expenditures | -$617.5K |
| Free Cash Flow | $1.253M |
| YoY Change | 74.9% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
29447085 |
