2021 Q1 Form 10-Q Financial Statement
#000119312521152918 Filed on May 06, 2021
Income Statement
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| Revenue | $71.26M | $63.20M |
| YoY Change | 12.75% | -3.49% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $48.13M | $41.84M |
| YoY Change | 15.03% | -14.73% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $300.0K | $300.0K |
| YoY Change | 0.0% | 0.0% |
| % of Gross Profit | ||
| Operating Expenses | $54.23M | $47.86M |
| YoY Change | 13.31% | -12.67% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$2.070M | -$2.260M |
| YoY Change | -8.41% | -178.15% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$3.060M | -$7.590M |
| YoY Change | -59.68% | -469.7% |
| Pretax Income | $13.18M | -$11.01M |
| YoY Change | -219.71% | -241.61% |
| Income Tax | -$1.970M | -$2.370M |
| % Of Pretax Income | -14.95% | |
| Net Earnings | $15.15M | -$8.640M |
| YoY Change | -275.35% | -197.91% |
| Net Earnings / Revenue | 21.26% | -13.67% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $93.62K | -$56.65K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding | 161.8M | 152.5M |
Balance Sheet
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $97.10M | $88.70M |
| YoY Change | 9.47% | 3.86% |
| Cash & Equivalents | $62.30M | $68.40M |
| Short-Term Investments | $34.80M | $20.30M |
| Other Short-Term Assets | $4.400M | $4.400M |
| YoY Change | 0.0% | 2582.93% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $30.30M | $22.70M |
| Other Receivables | $200.0K | $0.00 |
| Total Short-Term Assets | $132.0M | $115.8M |
| YoY Change | 13.99% | -3.07% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $23.30M | $25.60M |
| YoY Change | -8.98% | 188.84% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $14.30M | $22.10M |
| YoY Change | -35.29% | -54.15% |
| Other Assets | $6.400M | $3.600M |
| YoY Change | 77.78% | 142.26% |
| Total Long-Term Assets | $753.2M | $771.3M |
| YoY Change | -2.35% | -7.3% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $132.0M | $115.8M |
| Total Long-Term Assets | $753.2M | $771.3M |
| Total Assets | $885.2M | $887.1M |
| YoY Change | -0.21% | -6.77% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $11.40M | $9.100M |
| YoY Change | 25.27% | -7.14% |
| Accrued Expenses | $11.50M | $6.900M |
| YoY Change | 66.67% | -46.51% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $56.60M | $54.30M |
| YoY Change | 4.24% | -13.47% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $171.2M | $171.5M |
| YoY Change | -0.17% | -12.14% |
| Other Long-Term Liabilities | $250.7M | $203.9M |
| YoY Change | 22.95% | 3.19% |
| Total Long-Term Liabilities | $421.9M | $375.4M |
| YoY Change | 12.39% | -4.43% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $56.60M | $54.30M |
| Total Long-Term Liabilities | $421.9M | $375.4M |
| Total Liabilities | $478.5M | $429.8M |
| YoY Change | 11.33% | -5.65% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $616.0K | |
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $274.2M | $457.3M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $885.2M | $887.1M |
| YoY Change | -0.21% | -6.77% |
Cashflow Statement
| Concept | 2021 Q1 | 2020 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $15.15M | -$8.640M |
| YoY Change | -275.35% | -197.91% |
| Depreciation, Depletion And Amortization | $300.0K | $300.0K |
| YoY Change | 0.0% | 0.0% |
| Cash From Operating Activities | $1.900M | -$2.600M |
| YoY Change | -173.08% | -133.11% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$100.0K | -$100.0K |
| YoY Change | 0.0% | -1528.57% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$5.500M | $8.800M |
| YoY Change | -162.5% | |
| Cash From Investing Activities | -$5.600M | $8.800M |
| YoY Change | -163.64% | 79900.0% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -7.200M | -11.40M |
| YoY Change | -36.84% | 60.84% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.900M | -2.600M |
| Cash From Investing Activities | -5.600M | 8.800M |
| Cash From Financing Activities | -7.200M | -11.40M |
| Net Change In Cash | -10.90M | -5.200M |
| YoY Change | 109.62% | -770.97% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.900M | -$2.600M |
| Capital Expenditures | -$100.0K | -$100.0K |
| Free Cash Flow | $2.000M | -$2.500M |
| YoY Change | -180.0% | -131.87% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
4207000 | |
| CY2021Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
4087000 | |
| CY2020Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
4397000 | |
| CY2021Q1 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0530 | |
| CY2020Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0629 | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
161831000 | |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
152519000 | |
| CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
5171000 | |
| CY2021Q1 | wetf |
Unrecognized Tax Benefits And Interest And Penalties Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsAndInterestAndPenaltiesIncreasesResultingFromForeignCurrencyTranslation
|
338000 |
