2022 Q1 Form 10-Q Financial Statement
#000083248022000012 Filed on May 13, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $18.96M | $24.09M |
| YoY Change | -21.27% | -286.06% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $87.16K | $87.81K |
| YoY Change | -0.74% | -6.9% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $327.9K | $624.8K |
| YoY Change | -47.52% | 2.89% |
| % of Gross Profit | ||
| Operating Expenses | $2.918M | $2.103M |
| YoY Change | 38.74% | 5.87% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $11.97K | $0.00 |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $11.86M | $17.92M |
| YoY Change | -33.8% | -197.84% |
| Income Tax | $2.643M | $3.720M |
| % Of Pretax Income | 22.28% | 20.76% |
| Net Earnings | $9.192M | $14.17M |
| YoY Change | -35.12% | -194.59% |
| Net Earnings / Revenue | 48.48% | 58.83% |
| Basic Earnings Per Share | $2.90 | $4.46 |
| Diluted Earnings Per Share | $2.90 | $4.46 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.171M | 3.177M |
| Diluted Shares Outstanding | 3.171M | 3.177M |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $24.26M | $28.17M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $15.94M | $18.31M |
| YoY Change | -12.94% | -11.97% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $38.99M | $329.2K |
| YoY Change | 11740.95% | -19.25% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $310.3M | $307.0M |
| YoY Change | 1.08% | 14.2% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $408.8M | $408.0M |
| YoY Change | 0.19% | 8.02% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $15.94M | $18.31M |
| Total Long-Term Assets | $408.8M | $408.0M |
| Total Assets | $424.7M | $426.3M |
| YoY Change | -0.38% | 6.98% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $74.47K | |
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $10.00M | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $5.278M | $4.980M |
| YoY Change | 5.98% | -3.45% |
| Total Long-Term Liabilities | $15.28M | $4.980M |
| YoY Change | 206.77% | -3.45% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $74.47K | |
| Total Long-Term Liabilities | $15.28M | $4.980M |
| Total Liabilities | $281.8M | $280.8M |
| YoY Change | 0.34% | -0.13% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $102.2M | |
| YoY Change | 43.99% | |
| Common Stock | $33.07M | |
| YoY Change | -7.9% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | $1.286M | |
| Shareholders Equity | $142.9M | $145.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $424.7M | $426.3M |
| YoY Change | -0.38% | 6.98% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $9.192M | $14.17M |
| YoY Change | -35.12% | -194.59% |
| Depreciation, Depletion And Amortization | $327.9K | $624.8K |
| YoY Change | -47.52% | 2.89% |
| Cash From Operating Activities | -$2.176M | -$3.686M |
| YoY Change | -40.97% | -29.14% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $10.06M | -$6.433M |
| YoY Change | -256.35% | -310.24% |
| Cash From Investing Activities | $10.06M | -$6.433M |
| YoY Change | -256.35% | -310.24% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $112.9K | |
| YoY Change | -63.67% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -14.41M | -738.3K |
| YoY Change | 1851.14% | 242.97% |
| NET CHANGE | ||
| Cash From Operating Activities | -2.176M | -3.686M |
| Cash From Investing Activities | 10.06M | -6.433M |
| Cash From Financing Activities | -14.41M | -738.3K |
| Net Change In Cash | -6.523M | -10.86M |
| YoY Change | -39.92% | 360.72% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$2.176M | -$3.686M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | utgn |
Trading Securities Derivative Assets Fair Value Disclosure
TradingSecuritiesDerivativeAssetsFairValueDisclosure
|
0 | |
| CY2022Q1 | us-gaap |
Trading Liabilities Fair Value Disclosure
TradingLiabilitiesFairValueDisclosure
|
5291 | |
| CY2021Q4 | utgn |
Trading Securities Derivative Assets Fair Value Disclosure
TradingSecuritiesDerivativeAssetsFairValueDisclosure
|
0 | |
| CY2021Q4 | us-gaap |
Trading Liabilities Fair Value Disclosure
TradingLiabilitiesFairValueDisclosure
|
1116 | |
| CY2022Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2022Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2022Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
| CY2022Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000832480 | |
| CY2022Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
3172895 | |
| CY2022Q1 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
74469 | |
| CY2021Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
0 | |
| CY2022Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3 | |
| CY2021Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
-0 |
