2018 Q2 Form 10-Q Financial Statement

#000156459018015627 Filed on June 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $54.50M $58.05M
YoY Change -6.11% -14.19%
Cost Of Revenue $29.00M $32.50M
YoY Change -10.77% -17.51%
Gross Profit $25.50M $25.59M
YoY Change -0.36% -9.44%
Gross Profit Margin 46.79% 44.09%
Selling, General & Admin $29.90M $33.78M
YoY Change -11.5% 6.24%
% of Gross Profit 117.25% 132.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.069M $2.415M
YoY Change -14.33% 26.97%
% of Gross Profit 8.11% 9.44%
Operating Expenses $29.90M $33.78M
YoY Change -11.5% 6.24%
Operating Profit -$4.364M -$8.193M
YoY Change -46.74% 131.31%
Interest Expense $1.289M $1.044M
YoY Change 23.47% -216.0%
% of Operating Profit
Other Income/Expense, Net $64.00K -$1.000K
YoY Change -6500.0% -99.5%
Pretax Income -$5.589M -$9.238M
YoY Change -39.5% 100.83%
Income Tax $48.00K $52.00K
% Of Pretax Income
Net Earnings -$5.637M -$9.290M
YoY Change -39.32% 382.85%
Net Earnings / Revenue -10.34% -16.0%
Basic Earnings Per Share -$0.49 -$1.88
Diluted Earnings Per Share -$0.49 -$1.88
COMMON SHARES
Basic Shares Outstanding 11.62M 4.943M
Diluted Shares Outstanding 11.62M 4.943M

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.200M $15.40M
YoY Change -66.23% -28.7%
Cash & Equivalents $5.228M $15.48M
Short-Term Investments
Other Short-Term Assets $7.500M $2.900M
YoY Change 158.62% -73.39%
Inventory $49.40M $32.20M
Prepaid Expenses
Receivables $12.80M $20.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $74.90M $70.80M
YoY Change 5.79% -2.88%
LONG-TERM ASSETS
Property, Plant & Equipment $30.00M $42.00M
YoY Change -28.57% 5.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.700M $2.500M
YoY Change 8.0% -97.36%
Total Long-Term Assets $151.1M $163.5M
YoY Change -7.58% -46.81%
TOTAL ASSETS
Total Short-Term Assets $74.90M $70.80M
Total Long-Term Assets $151.1M $163.5M
Total Assets $226.0M $234.3M
YoY Change -3.54% -38.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.10M $25.00M
YoY Change -19.6% 19.05%
Accrued Expenses $13.30M $13.40M
YoY Change -0.75% -17.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $8.000M
YoY Change
Total Short-Term Liabilities $41.40M $38.40M
YoY Change 7.81% 3.23%
LONG-TERM LIABILITIES
Long-Term Debt $41.60M $64.40M
YoY Change -35.4% 51.17%
Other Long-Term Liabilities $73.60M $154.5M
YoY Change -52.36% -1.65%
Total Long-Term Liabilities $115.2M $218.9M
YoY Change -47.37% 9.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $41.40M $38.40M
Total Long-Term Liabilities $115.2M $218.9M
Total Liabilities $156.6M $257.3M
YoY Change -39.14% 8.61%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $69.33M -$23.00M
YoY Change
Total Liabilities & Shareholders Equity $226.0M $234.3M
YoY Change -3.54% -38.39%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income -$5.637M -$9.290M
YoY Change -39.32% 382.85%
Depreciation, Depletion And Amortization $2.069M $2.415M
YoY Change -14.33% 26.97%
Cash From Operating Activities -$517.0K -$19.72M
YoY Change -97.38% -38.38%
INVESTING ACTIVITIES
Capital Expenditures -$250.0K -$1.790M
YoY Change -86.03% -51.75%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$250.0K -$1.785M
YoY Change -85.99% -51.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 622.0K 15.95M
YoY Change -96.1% -68.75%
NET CHANGE
Cash From Operating Activities -517.0K -19.72M
Cash From Investing Activities -250.0K -1.785M
Cash From Financing Activities 622.0K 15.95M
Net Change In Cash -145.0K -5.556M
YoY Change -97.39% -136.24%
FREE CASH FLOW
Cash From Operating Activities -$517.0K -$19.72M
Capital Expenditures -$250.0K -$1.790M
Free Cash Flow -$267.0K -$17.93M
YoY Change -98.51% -36.62%

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Files In Submission

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