2024 Q3 Form 10-Q Financial Statement
#000083248024000014 Filed on August 12, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $38.97M | $13.07M |
| YoY Change | 207.53% | 105.06% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $59.84K | $80.10K |
| YoY Change | -0.27% | -1.96% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $618.5K | $326.9K |
| YoY Change | 375.74% | 127.33% |
| % of Gross Profit | ||
| Operating Expenses | $1.980M | $2.127M |
| YoY Change | -36.88% | 4.47% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $33.26M | $8.065M |
| YoY Change | 476.88% | 3255.47% |
| Income Tax | $6.921M | $1.560M |
| % Of Pretax Income | 20.81% | 19.35% |
| Net Earnings | $26.32M | $6.475M |
| YoY Change | 405.66% | 8028.53% |
| Net Earnings / Revenue | 67.54% | 49.55% |
| Basic Earnings Per Share | $8.31 | $2.04 |
| Diluted Earnings Per Share | $8.31 | $2.04 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.166M | 3.170M |
| Diluted Shares Outstanding | 3.167M | 3.169M |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $36.01M | $35.49M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $15.12M | $16.20M |
| YoY Change | -3.06% | 20.47% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $29.11M | $30.24M |
| YoY Change | -7.87% | -12.48% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $360.7M | $322.2M |
| YoY Change | 17.93% | 4.98% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $457.8M | $420.5M |
| YoY Change | 14.6% | 5.45% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $15.12M | $16.20M |
| Total Long-Term Assets | $457.8M | $420.5M |
| Total Assets | $473.0M | $436.7M |
| YoY Change | 13.94% | 5.94% |
| 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 | ||
| Other Long-Term Liabilities | $6.139M | $5.444M |
| YoY Change | -14.73% | -0.26% |
| Total Long-Term Liabilities | $6.139M | $5.444M |
| YoY Change | -14.73% | -0.26% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | $6.139M | $5.444M |
| Total Liabilities | $267.9M | $261.0M |
| YoY Change | 2.56% | 0.32% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $175.4M | $149.1M |
| YoY Change | 35.08% | 19.61% |
| Common Stock | $32.64M | $32.70M |
| YoY Change | 0.1% | -1.33% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $204.5M | $175.2M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $473.0M | $436.7M |
| YoY Change | 13.94% | 5.94% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $26.32M | $6.475M |
| YoY Change | 405.66% | 8028.53% |
| Depreciation, Depletion And Amortization | $618.5K | $326.9K |
| YoY Change | 375.74% | 127.33% |
| Cash From Operating Activities | $889.2K | $574.7K |
| YoY Change | -124.29% | -107.14% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $29.58K | -$5.548M |
| YoY Change | -99.62% | -234.23% |
| Cash From Investing Activities | $29.58K | -$5.548M |
| YoY Change | -99.62% | -234.23% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -404.5K | -359.1K |
| YoY Change | -13.93% | -31.28% |
| NET CHANGE | ||
| Cash From Operating Activities | 889.2K | 574.7K |
| Cash From Investing Activities | 29.58K | -5.548M |
| Cash From Financing Activities | -404.5K | -359.1K |
| Net Change In Cash | 514.2K | -5.332M |
| YoY Change | -86.18% | 20.07% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $889.2K | $574.7K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
177296271 | |
| CY2023Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
156550812 | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000832480 |
