2018 Q2 Form 10-Q Financial Statement
#000114420419040130 Filed on August 14, 2019
Income Statement
| Concept | 2018 Q2 |
|---|---|
| Revenue | $13.04M |
| YoY Change | 0.86% |
| Cost Of Revenue | $10.36M |
| YoY Change | -1.52% |
| Gross Profit | $2.679M |
| YoY Change | 11.25% |
| Gross Profit Margin | 20.55% |
| Selling, General & Admin | $3.904M |
| YoY Change | 1.04% |
| % of Gross Profit | 145.73% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.843M |
| YoY Change | -37.12% |
| % of Gross Profit | 68.79% |
| Operating Expenses | $3.904M |
| YoY Change | 1.04% |
| Operating Profit | -$3.068M |
| YoY Change | -30.07% |
| Interest Expense | $405.0K |
| YoY Change | 128.81% |
| % of Operating Profit | |
| Other Income/Expense, Net | $184.0K |
| YoY Change | -181.42% |
| Pretax Income | -$2.884M |
| YoY Change | -37.48% |
| Income Tax | -$48.00K |
| % Of Pretax Income | |
| Net Earnings | -$3.523M |
| YoY Change | -49.74% |
| Net Earnings / Revenue | -27.02% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$7.822M |
| COMMON SHARES | |
| Basic Shares Outstanding | 1.342M |
| Diluted Shares Outstanding | 1.342M |
Balance Sheet
| Concept | 2018 Q2 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $4.500M |
| YoY Change | -43.75% |
| Cash & Equivalents | $4.458M |
| Short-Term Investments | |
| Other Short-Term Assets | $581.0K |
| YoY Change | -37.86% |
| Inventory | $1.087M |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $6.235M |
| YoY Change | -60.79% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $15.58M |
| YoY Change | 8.34% |
| Goodwill | $0.00 |
| YoY Change | -100.0% |
| Intangibles | $10.41M |
| YoY Change | -28.1% |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $3.658M |
| YoY Change | 175.04% |
| Total Long-Term Assets | $30.13M |
| YoY Change | -46.66% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $6.235M |
| Total Long-Term Assets | $30.13M |
| Total Assets | $36.36M |
| YoY Change | -49.76% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $8.100M |
| YoY Change | -28.95% |
| Accrued Expenses | |
| YoY Change | |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $1.800M |
| YoY Change | |
| Total Short-Term Liabilities | $9.873M |
| YoY Change | -15.87% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $6.500M |
| YoY Change | 0.0% |
| Other Long-Term Liabilities | $360.0K |
| YoY Change | -54.66% |
| Total Long-Term Liabilities | $6.860M |
| YoY Change | -5.95% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $9.873M |
| Total Long-Term Liabilities | $6.860M |
| Total Liabilities | $18.35M |
| YoY Change | -4.07% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | -$277.2M |
| YoY Change | 18.29% |
| Common Stock | $271.0K |
| YoY Change | 38.27% |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $13.86M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $36.36M |
| YoY Change | -49.76% |
Cashflow Statement
| Concept | 2018 Q2 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.523M |
| YoY Change | -49.74% |
| Depreciation, Depletion And Amortization | $1.843M |
| YoY Change | -37.12% |
| Cash From Operating Activities | -$1.270M |
| YoY Change | -55.59% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$900.0K |
| YoY Change | 60.71% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | -100.0% |
| Cash From Investing Activities | -$900.0K |
| YoY Change | 5.88% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 3.200M |
| YoY Change | 3100.0% |
| NET CHANGE | |
| Cash From Operating Activities | -1.270M |
| Cash From Investing Activities | -900.0K |
| Cash From Financing Activities | 3.200M |
| Net Change In Cash | 1.030M |
| YoY Change | -128.53% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$1.270M |
| Capital Expenditures | -$900.0K |
| Free Cash Flow | -$370.0K |
| YoY Change | -83.91% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1342298 | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1911429 | ||
| CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1970117 | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1435903 | ||
| CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1342298 | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1911429 | ||
| CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1970117 | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1435903 | ||
| xspa |
Working Capital Deficiency Increase Decrease
WorkingCapitalDeficiencyIncreaseDecrease
|
-2500 |
