2023 Q3 Form 10-Q Financial Statement
#000083248023000021 Filed on August 11, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| Revenue | $12.67M | $6.373M |
| YoY Change | -24.13% | 21.24% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $60.00K | $81.70K |
| YoY Change | -5.7% | -4.92% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $130.0K | $143.8K |
| YoY Change | -81.88% | -75.64% |
| % of Gross Profit | ||
| Operating Expenses | $3.137M | $2.036M |
| YoY Change | 14.75% | 7.17% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $0.00 | $2.897K |
| YoY Change | -100.0% | -87.57% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $5.766M | $240.3K |
| YoY Change | -45.72% | -123.82% |
| Income Tax | $531.9K | $131.7K |
| % Of Pretax Income | 9.23% | 54.78% |
| Net Earnings | $5.205M | $79.66K |
| YoY Change | -35.36% | -110.41% |
| Net Earnings / Revenue | 41.08% | 1.25% |
| Basic Earnings Per Share | $1.64 | $0.03 |
| Diluted Earnings Per Share | $1.64 | $0.03 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.167M | 3.187M |
| Diluted Shares Outstanding | 3.169M | 3.186M |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $27.57M | $23.84M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $15.60M | $13.45M |
| YoY Change | -20.44% | -27.78% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $31.60M | $34.56M |
| YoY Change | -12.1% | -8.77% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $305.9M | $306.9M |
| YoY Change | 1.46% | 1.2% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $399.5M | $398.7M |
| YoY Change | 0.95% | 1.35% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $15.60M | $13.45M |
| Total Long-Term Assets | $399.5M | $398.7M |
| Total Assets | $415.1M | $412.2M |
| YoY Change | -0.06% | 0.04% |
| 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 | ||
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% |
| Other Long-Term Liabilities | $7.200M | $5.458M |
| YoY Change | 5.44% | 0.87% |
| Total Long-Term Liabilities | $7.200M | $5.458M |
| YoY Change | -51.45% | -56.02% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | $7.200M | $5.458M |
| Total Liabilities | $261.2M | $260.1M |
| YoY Change | -5.42% | -5.44% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $129.9M | $124.7M |
| YoY Change | 13.72% | 17.44% |
| Common Stock | $32.61M | $33.14M |
| YoY Change | -0.18% | 0.86% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $153.3M | $151.5M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $415.1M | $412.2M |
| YoY Change | -0.06% | 0.04% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $5.205M | $79.66K |
| YoY Change | -35.36% | -110.41% |
| Depreciation, Depletion And Amortization | $130.0K | $143.8K |
| YoY Change | -81.88% | -75.64% |
| Cash From Operating Activities | -$3.660M | -$8.052M |
| YoY Change | -293.39% | -135649.83% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $7.850M | $4.133M |
| YoY Change | 170.62% | -293.54% |
| Cash From Investing Activities | $7.850M | $4.133M |
| YoY Change | 170.62% | -293.54% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -470.0K | -522.6K |
| YoY Change | -149.97% | -83.07% |
| NET CHANGE | ||
| Cash From Operating Activities | -3.660M | -8.052M |
| Cash From Investing Activities | 7.850M | 4.133M |
| Cash From Financing Activities | -470.0K | -522.6K |
| Net Change In Cash | 3.720M | -4.441M |
| YoY Change | -35.12% | -14.85% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.660M | -$8.052M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
-0 | ||
| us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
-1086 | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000832480 |
