2021 Q2 Form 10-Q Financial Statement

#000156459021032476 Filed on June 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $57.53M $39.02M
YoY Change 47.45% -47.29%
Cost Of Revenue $32.05M $23.02M
YoY Change 39.24% -36.28%
Gross Profit $25.48M $16.00M
YoY Change 59.27% -57.77%
Gross Profit Margin 44.29% 41.01%
Selling, General & Admin $32.58M $38.54M
YoY Change -15.46% -12.64%
% of Gross Profit 127.87% 240.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.638M $1.998M
YoY Change -18.02% -26.89%
% of Gross Profit 6.43% 12.49%
Operating Expenses $32.58M $38.54M
YoY Change -15.46% -12.64%
Operating Profit -$7.101M -$49.42M
YoY Change -85.63% 693.1%
Interest Expense -$1.878M $1.025M
YoY Change -283.22% -24.58%
% of Operating Profit
Other Income/Expense, Net $2.307M
YoY Change -2197.27%
Pretax Income -$8.979M -$48.14M
YoY Change -81.35% 525.14%
Income Tax $2.643M $42.00K
% Of Pretax Income
Net Earnings -$11.62M -$48.18M
YoY Change -75.88% 521.89%
Net Earnings / Revenue -20.2% -123.48%
Basic Earnings Per Share -$0.98 -$4.12
Diluted Earnings Per Share -$983.9K -$4.120M
COMMON SHARES
Basic Shares Outstanding 11.81M
Diluted Shares Outstanding 11.81M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.370M $26.70M
YoY Change -94.87% 26600.0%
Cash & Equivalents $1.370M $26.65M
Short-Term Investments
Other Short-Term Assets $5.918M $4.100M
YoY Change 44.34% -47.44%
Inventory $71.75M $67.34M
Prepaid Expenses
Receivables $26.83M $16.52M
Other Receivables $0.00 $0.00
Total Short-Term Assets $105.9M $114.6M
YoY Change -7.61% 54.83%
LONG-TERM ASSETS
Property, Plant & Equipment $107.7M $19.90M
YoY Change 441.18% -80.92%
Goodwill $31.97M
YoY Change
Intangibles $76.98M
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.957M $5.386M
YoY Change -26.53% 63.21%
Total Long-Term Assets $220.0M $216.2M
YoY Change 1.72% -4.07%
TOTAL ASSETS
Total Short-Term Assets $105.9M $114.6M
Total Long-Term Assets $220.0M $216.2M
Total Assets $325.8M $330.8M
YoY Change -1.51% 10.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.34M $31.65M
YoY Change 33.79% 46.51%
Accrued Expenses $42.80M $43.30M
YoY Change -1.16% 45.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $687.0K $2.750M
YoY Change -75.02% -1.79%
Total Short-Term Liabilities $85.83M $77.70M
YoY Change 10.46% 43.62%
LONG-TERM LIABILITIES
Long-Term Debt $85.29M $84.65M
YoY Change 0.75% 103.97%
Other Long-Term Liabilities $95.44M $187.0K
YoY Change 50938.5% -99.86%
Total Long-Term Liabilities $85.29M $84.83M
YoY Change 0.53% -52.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $85.83M $77.70M
Total Long-Term Liabilities $85.29M $84.83M
Total Liabilities $171.1M $162.5M
YoY Change 5.28% -30.15%
SHAREHOLDERS EQUITY
Retained Earnings -$1.055B
YoY Change
Common Stock $1.138B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $54.96M $82.90M
YoY Change
Total Liabilities & Shareholders Equity $325.8M $330.8M
YoY Change -1.51% 10.49%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$11.62M -$48.18M
YoY Change -75.88% 521.89%
Depreciation, Depletion And Amortization $1.638M $1.998M
YoY Change -18.02% -26.89%
Cash From Operating Activities -$2.794M -$8.780M
YoY Change -68.18% -353.32%
INVESTING ACTIVITIES
Capital Expenditures -$476.0K -$700.0K
YoY Change -32.0% -2.78%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$476.0K -$695.0K
YoY Change -31.51% -3.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 815.0K 35.67M
YoY Change -97.72% -1942.61%
NET CHANGE
Cash From Operating Activities -2.794M -8.780M
Cash From Investing Activities -476.0K -695.0K
Cash From Financing Activities 815.0K 35.67M
Net Change In Cash -2.455M 26.20M
YoY Change -109.37% 3134.32%
FREE CASH FLOW
Cash From Operating Activities -$2.794M -$8.780M
Capital Expenditures -$476.0K -$700.0K
Free Cash Flow -$2.318M -$8.080M
YoY Change -71.31% -293.02%

Facts In Submission

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