2024 Q2 Form 10-Q Financial Statement

#000078332424000048 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue -$16.91M
YoY Change
Gross Profit $16.91M
YoY Change
Gross Profit Margin
Selling, General & Admin $763.0K $1.243M
YoY Change -13.1% 6.42%
% of Gross Profit 4.51%
Research & Development $645.0K $765.0K
YoY Change -5.43% -4.85%
% of Gross Profit 3.81%
Depreciation & Amortization $14.00K $12.00K
YoY Change 40.0% 20.0%
% of Gross Profit 0.08%
Operating Expenses -$15.49M $1.218M
YoY Change -1086.43% -38.55%
Operating Profit $32.40M
YoY Change
Interest Expense $163.0K $103.0K
YoY Change 132.86% 49.28%
% of Operating Profit 0.5%
Other Income/Expense, Net $146.0K $145.0K
YoY Change 117.91% 1218.18%
Pretax Income $15.63M -$1.073M
YoY Change -1140.12% -45.56%
Income Tax
% Of Pretax Income
Net Earnings $15.63M -$1.073M
YoY Change -1140.12% -45.56%
Net Earnings / Revenue
Basic Earnings Per Share $0.13 -$0.01
Diluted Earnings Per Share $0.12 -$0.01
COMMON SHARES
Basic Shares Outstanding 121.8M 121.5M
Diluted Shares Outstanding 125.4M 121.2M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.23M $11.91M
YoY Change 237.87% 79.28%
Cash & Equivalents $20.23M $11.91M
Short-Term Investments
Other Short-Term Assets $334.0K $455.0K
YoY Change -2.34% 2.02%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $20.56M $12.37M
YoY Change 224.89% 74.42%
LONG-TERM ASSETS
Property, Plant & Equipment $260.0K $243.0K
YoY Change 50.29% 32.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $69.00K $69.00K
YoY Change
Total Long-Term Assets $412.0K $2.962M
YoY Change -82.23% 27.18%
TOTAL ASSETS
Total Short-Term Assets $20.56M $12.37M
Total Long-Term Assets $412.0K $2.962M
Total Assets $20.97M $15.33M
YoY Change 142.52% 62.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $190.0K $354.0K
YoY Change 245.45% 62.39%
Accrued Expenses $613.0K $814.0K
YoY Change -12.8% 31.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $803.0K $1.168M
YoY Change 5.94% 39.21%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $28.00K $25.00K
YoY Change -22.22% -24.24%
Total Long-Term Liabilities $28.00K $10.03M
YoY Change -22.22% 30278.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $803.0K $1.168M
Total Long-Term Liabilities $28.00K $10.03M
Total Liabilities $831.0K $11.19M
YoY Change 4.66% 1183.6%
SHAREHOLDERS EQUITY
Retained Earnings -$456.8M -$472.5M
YoY Change -2.44% 1.22%
Common Stock $477.0M $476.6M
YoY Change 0.18% 0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.14M $4.137M
YoY Change
Total Liabilities & Shareholders Equity $20.97M $15.33M
YoY Change 142.52% 62.74%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $15.63M -$1.073M
YoY Change -1140.12% -45.56%
Depreciation, Depletion And Amortization $14.00K $12.00K
YoY Change 40.0% 20.0%
Cash From Operating Activities -$1.377M -$1.416M
YoY Change 12.96% -20.27%
INVESTING ACTIVITIES
Capital Expenditures $31.00K $51.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $9.476M $7.396M
YoY Change
Cash From Investing Activities $9.445M $7.345M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 244.0K -85.00K
YoY Change -56.43% -127.33%
NET CHANGE
Cash From Operating Activities -1.377M -1.416M
Cash From Investing Activities 9.445M 7.345M
Cash From Financing Activities 244.0K -85.00K
Net Change In Cash 8.312M 5.844M
YoY Change -1361.31% -498.91%
FREE CASH FLOW
Cash From Operating Activities -$1.377M -$1.416M
Capital Expenditures $31.00K $51.00K
Free Cash Flow -$1.408M -$1.467M
YoY Change 15.5% -17.4%

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Files In Submission

Name View Source Status
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0000783324-24-000048-index.html Edgar Link pending
0000783324-24-000048.txt Edgar Link pending
0000783324-24-000048-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
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