2024 Q2 Form 10-K Financial Statement

#000143774924022094 Filed on July 03, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $1.835M $2.738M $9.682M
YoY Change -28.32% 70.27% 19.5%
Cost Of Revenue $1.219M $5.314M $5.314M
YoY Change -35.54% 172.51% -23.32%
Gross Profit $616.0K $940.0K $2.983M
YoY Change -7.92% -371.68% 154.52%
Gross Profit Margin 33.57% 34.33% 30.81%
Selling, General & Admin $800.0K $3.347M $3.347M
YoY Change -18.03% 241.18% -15.29%
% of Gross Profit 129.87% 356.06% 112.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.00K -$2.000K $167.0K
YoY Change -37.04% -102.47% -27.71%
% of Gross Profit 5.52% -0.21% 5.6%
Operating Expenses $800.0K $3.347M $3.347M
YoY Change -18.03% 241.18% -15.29%
Operating Profit -$184.0K -$2.407M -$364.0K
YoY Change -40.07% 81.39% -86.9%
Interest Expense $0.00 -$4.000K -$4.000K
YoY Change -100.0% -180.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $0.00 $521.0K $887.0K
YoY Change -100.0% 95.86% 12.85%
Pretax Income -$184.0K $523.0K $523.0K
YoY Change -38.05% -149.81% -126.24%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$184.0K -$132.0K -$132.0K
YoY Change -38.05% -87.43% -93.38%
Net Earnings / Revenue -10.03% -4.82% -1.36%
Basic Earnings Per Share -$0.03 $0.03 -$0.02
Diluted Earnings Per Share -$0.03 $0.03 -$0.02
COMMON SHARES
Basic Shares Outstanding 5.878M 5.878M
Diluted Shares Outstanding 5.878M 5.922M

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.00K $169.0K $169.0K
YoY Change -73.53% -57.75% -57.75%
Cash & Equivalents $63.00K $169.0K $169.0K
Short-Term Investments
Other Short-Term Assets $92.00K $63.00K $63.00K
YoY Change -66.3% -69.42% -69.42%
Inventory $2.247M $2.566M $2.566M
Prepaid Expenses
Receivables $746.0K $747.0K $1.088M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.691M $3.886M $3.886M
YoY Change -7.26% -6.88% -6.88%
LONG-TERM ASSETS
Property, Plant & Equipment $639.0K $673.0K $853.0K
YoY Change -36.86% -4.27% -28.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets $774.0K $853.0K $853.0K
YoY Change -23.67% -28.14% -28.14%
TOTAL ASSETS
Total Short-Term Assets $3.691M $3.886M $3.886M
Total Long-Term Assets $774.0K $853.0K $853.0K
Total Assets $4.465M $4.739M $4.739M
YoY Change -10.59% -11.59% -11.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $864.0K $927.0K $927.0K
YoY Change -59.49% -43.09% -43.09%
Accrued Expenses $837.0K $864.0K $1.044M
YoY Change -38.82% -21.17% -25.9%
Deferred Revenue $734.0K $889.0K
YoY Change 71.5% -8.73%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.344M $2.144M $2.144M
YoY Change 54.82% 47.05% 47.05%
Total Short-Term Liabilities $4.914M $5.004M $5.004M
YoY Change -9.72% -8.52% -8.52%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $146.0K $146.0K $146.0K
YoY Change 14.96% -13.61% -13.61%
Total Long-Term Liabilities $146.0K $146.0K $146.0K
YoY Change 14.96% -13.61% -13.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.914M $5.004M $5.004M
Total Long-Term Liabilities $146.0K $146.0K $146.0K
Total Liabilities $5.060M $5.150M $5.150M
YoY Change -9.16% -8.67% -8.67%
SHAREHOLDERS EQUITY
Retained Earnings $8.113M $8.297M
YoY Change -0.23% -1.57%
Common Stock $7.293M $7.293M
YoY Change -3.71% -3.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$595.0K -$411.0K -$411.0K
YoY Change
Total Liabilities & Shareholders Equity $4.465M $4.739M $4.739M
YoY Change -10.59% -11.59% -11.59%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income -$184.0K -$132.0K -$132.0K
YoY Change -38.05% -87.43% -93.38%
Depreciation, Depletion And Amortization $34.00K -$2.000K $167.0K
YoY Change -37.04% -102.47% -27.71%
Cash From Operating Activities -$306.0K $339.0K -$592.0K
YoY Change 34.21% 1256.0% -8.07%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $245.0K $286.0K
YoY Change 24400.0% 535.56%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$72.00K $0.00
YoY Change -100.0% -3700.0% -100.0%
Cash From Investing Activities $0.00 -$317.0K -$286.0K
YoY Change -100.0% -31800.0% 615.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 200.0K 50.00K 686.0K
YoY Change 257.14% -45.05% -18.24%
NET CHANGE
Cash From Operating Activities -306.0K 339.0K -592.0K
Cash From Investing Activities 0.000 -317.0K -286.0K
Cash From Financing Activities 200.0K 50.00K 686.0K
Net Change In Cash -$106.0K 72.00K -$192.0K
YoY Change -34.57% -38.46% -223.87%
FREE CASH FLOW
Cash From Operating Activities -$306.0K $339.0K -$592.0K
Capital Expenditures $0.00 $245.0K $286.0K
Free Cash Flow -$306.0K $94.00K -$878.0K
YoY Change 34.21% 291.67% 27.43%

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CY2024 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.11
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.13
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5922000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5878000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1714000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-279000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-132000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
-411000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-132000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-1993000 usd
CY2024 vide Income Loss From Discontinued Operations Net Of Tax Attributable To Parent Adjustment To Cash Flows
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToParentAdjustmentToCashFlows
-655000 usd
CY2023 vide Income Loss From Discontinued Operations Net Of Tax Attributable To Parent Adjustment To Cash Flows
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToParentAdjustmentToCashFlows
-746000 usd
CY2024 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
370000 usd
CY2023 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-0 usd
CY2024 us-gaap Depreciation
Depreciation
167000 usd
CY2023 us-gaap Depreciation
Depreciation
189000 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
118000 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-3000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3000 usd
CY2024 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
174000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
110000 usd
CY2024 vide Provision For Inventory Reserves
ProvisionForInventoryReserves
88000 usd
CY2023 vide Provision For Inventory Reserves
ProvisionForInventoryReserves
76000 usd
CY2024 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
4000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
258000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
372000 usd
CY2024 vide Increase Decrease In Employee Retention Credit Refund Receivable
IncreaseDecreaseInEmployeeRetentionCreditRefundReceivable
-0 usd
CY2023 vide Increase Decrease In Employee Retention Credit Refund Receivable
IncreaseDecreaseInEmployeeRetentionCreditRefundReceivable
-463000 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1122000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-338000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-141000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-85000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
345000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
406000 usd
CY2024 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-174000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-110000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
61000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-164000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-34000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-854000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-590000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-635000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
286000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-286000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-39000 usd
CY2024 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
760000 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
926000 usd
CY2024 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
74000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
88000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
686000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
838000 usd
CY2024 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-2000 usd
CY2023 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-5000 usd
CY2024 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
CY2023 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
CY2024 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2023 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 usd
CY2024 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-2000 usd
CY2023 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-5000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-192000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
159000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
361000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
202000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
169000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
361000 usd
CY2024 us-gaap Fiscal Period
FiscalPeriod
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Fiscal Year</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">All references herein to “2024” and “2023” mean the fiscal years ended February 29, 2024 and February 28, 2023, respectively.</p>
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and reported amounts of revenues and expenses during the reporting period. Examples include provisions for returns, warranty reserves, bad debts, valuations on deferred income tax assets, inventory valuation, other intangible assets, accounting for percentage of completion contracts and the length of product life cycles and fixed asset lives. Actual results could vary from these estimates.</p>
CY2023Q1 vide Working Capital
WorkingCapital
-1297000 usd
CY2024Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
169000 usd
CY2023Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
361000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8297000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5624000 usd
CY2024 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1385000 usd
CY2023 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
2478000 usd
CY2024 us-gaap Revenues
Revenues
9682000 usd
CY2023 us-gaap Revenues
Revenues
8102000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6000 usd
CY2024 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
0 usd
CY2024 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
3000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
-0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6000 usd
CY2024 us-gaap Depreciation
Depreciation
167000 usd
CY2023 us-gaap Depreciation
Depreciation
189000 usd
CY2024Q1 srt Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2632500
CY2014Q1 vide Stock Repurchase Program Additional Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramAdditionalNumberOfSharesAuthorizedToBeRepurchased
1500000
CY2024Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
490186
CY2024 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
523000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2024 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
CY2024 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
523000 usd
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5922000
CY2024 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
CY2024 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-655000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2024 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.11
CY2024 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-655000 usd
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5922000
CY2024 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.11
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2024 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-132000 usd
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5922000
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-1247000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.21
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-1247000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5878000
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.21
CY2023 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-746000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.13
CY2023 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-746000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5878000
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.13
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5878000
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1993000 usd
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5878000
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000
CY2024Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1317000 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
839000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
628000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
395000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
621000 usd
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
0 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
2566000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
1234000 usd
CY2024 us-gaap Inventory Write Down
InventoryWriteDown
100000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
100000 usd
CY2024Q1 vide Cost Incurred To Date On Uncompleted Contracts
CostIncurredToDateOnUncompletedContracts
-337000 usd
CY2023Q1 vide Cost Incurred To Date On Uncompleted Contracts
CostIncurredToDateOnUncompletedContracts
-666000 usd
CY2024Q1 vide Estimated Earnings Recognized To Date On These Contracts
EstimatedEarningsRecognizedToDateOnTheseContracts
395000 usd
CY2023Q1 vide Estimated Earnings Recognized To Date On These Contracts
EstimatedEarningsRecognizedToDateOnTheseContracts
293000 usd
CY2024Q1 vide Cost Incurred And Estimated Earnings Of Uncompleted Contracts
CostIncurredAndEstimatedEarningsOfUncompletedContracts
732000 usd
CY2023Q1 vide Cost Incurred And Estimated Earnings Of Uncompleted Contracts
CostIncurredAndEstimatedEarningsOfUncompletedContracts
959000 usd
CY2024Q1 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
1280000 usd
CY2023Q1 us-gaap Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
1602000 usd
CY2024Q1 vide Contract With Customer Liability Asset Net Current
ContractWithCustomerLiabilityAssetNetCurrent
548000 usd
CY2023Q1 vide Contract With Customer Liability Asset Net Current
ContractWithCustomerLiabilityAssetNetCurrent
643000 usd
CY2024Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
341000 usd
CY2023Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
280000 usd
CY2024Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
889000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
923000 usd
CY2024Q1 vide Contract With Customer Liability Asset Net Current
ContractWithCustomerLiabilityAssetNetCurrent
548000 usd
CY2023Q1 vide Contract With Customer Liability Asset Net Current
ContractWithCustomerLiabilityAssetNetCurrent
643000 usd
CY2023Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4000 usd
CY2022Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4000 usd
CY2024 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-0 usd
CY2023 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-0 usd
CY2024Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4000 usd
CY2023Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4000 usd
CY2024Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
472000 usd
CY2023Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
487000 usd
CY2024Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
11000 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
19000 usd
CY2024Q1 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
266000 usd
CY2023Q1 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
16000 usd
CY2024Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
37000 usd
CY2023Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
30000 usd
CY2024Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4000 usd
CY2023Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4000 usd
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
74000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
209000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
864000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
765000 usd
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-0
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
200000
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.82
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
200000
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.82
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