2023 Q3 Form 10-Q Financial Statement
#000010898523000085 Filed on August 03, 2023
Income Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| Revenue | $18.77M | $18.77M |
| YoY Change | 18.7% | 25.96% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $2.610M | $2.757M |
| YoY Change | 12.11% | 6.9% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $2.950M | $3.019M |
| YoY Change | 14.7% | 21.1% |
| % of Gross Profit | ||
| Operating Expenses | $10.33M | $10.25M |
| YoY Change | 98.31% | 89.48% |
| Operating Profit | $8.433M | $8.516M |
| YoY Change | 23.0% | 29.54% |
| Interest Expense | $1.850M | -$834.0K |
| YoY Change | 53.65% | -169.21% |
| % of Operating Profit | 21.94% | -9.79% |
| Other Income/Expense, Net | -$1.026M | -$445.0K |
| YoY Change | -18.38% | -67.73% |
| Pretax Income | $7.407M | $7.237M |
| YoY Change | 32.29% | 39.31% |
| Income Tax | -$161.0K | $713.0K |
| % Of Pretax Income | -2.17% | 9.85% |
| Net Earnings | $7.568M | $6.524M |
| YoY Change | 33.22% | 29.73% |
| Net Earnings / Revenue | 40.33% | 34.76% |
| Basic Earnings Per Share | $0.53 | $0.45 |
| Diluted Earnings Per Share | $0.53 | $0.46 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 14.31M | 14.30M |
| Diluted Shares Outstanding | 14.30M | 14.29M |
Balance Sheet
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $0.00 | $1.000K |
| YoY Change | -100.0% | -99.96% |
| Cash & Equivalents | $1.000K | $1.000K |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.900M | $5.365M |
| YoY Change | 5.58% | 20.29% |
| Inventory | $3.200M | $3.532M |
| Prepaid Expenses | $1.703M | $1.496M |
| Receivables | $7.354M | $5.987M |
| Other Receivables | $800.0K | $475.0K |
| Total Short-Term Assets | $16.11M | $15.36M |
| YoY Change | 20.95% | -1.58% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.580M | $461.0M |
| YoY Change | 115.55% | 64738.54% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $4.687M | $66.92M |
| YoY Change | 3.76% | 1389.49% |
| Total Long-Term Assets | $545.6M | $528.2M |
| YoY Change | 13.6% | 12.05% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $16.11M | $15.36M |
| Total Long-Term Assets | $545.6M | $528.2M |
| Total Assets | $561.8M | $543.5M |
| YoY Change | 13.79% | 11.61% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $12.28M | $14.38M |
| YoY Change | 1.66% | 57.39% |
| Accrued Expenses | $403.0K | $3.683M |
| YoY Change | 0.75% | 864.14% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $19.13M | $21.30M |
| YoY Change | -25.72% | -5.88% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $167.8M | $157.8M |
| YoY Change | 43.65% | 43.9% |
| Other Long-Term Liabilities | $303.0K | $100.9M |
| YoY Change | -57.74% | 8794.01% |
| Total Long-Term Liabilities | $168.1M | $258.7M |
| YoY Change | 43.03% | 133.56% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $19.13M | $21.30M |
| Total Long-Term Liabilities | $168.1M | $258.7M |
| Total Liabilities | $187.2M | $331.0M |
| YoY Change | 30.67% | 148.11% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $82.01M | $77.35M |
| YoY Change | 15.76% | 13.83% |
| Common Stock | $135.7M | $135.2M |
| YoY Change | 1.47% | 1.47% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $217.7M | $212.5M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $561.8M | $543.5M |
| YoY Change | 13.79% | 11.61% |
Cashflow Statement
| Concept | 2023 Q3 | 2023 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $7.568M | $6.524M |
| YoY Change | 33.22% | 29.73% |
| Depreciation, Depletion And Amortization | $2.950M | $3.019M |
| YoY Change | 14.7% | 21.1% |
| Cash From Operating Activities | $8.810M | $8.372M |
| YoY Change | 39.89% | 47.39% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $16.61M | $19.14M |
| YoY Change | -210.39% | -266.47% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | -$35.00K |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$16.62M | -$19.18M |
| YoY Change | -7.01% | 66.77% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 7.810M | 10.64M |
| YoY Change | -12.55% | 25.75% |
| NET CHANGE | ||
| Cash From Operating Activities | 8.810M | 8.372M |
| Cash From Investing Activities | -16.62M | -19.18M |
| Cash From Financing Activities | 7.810M | 10.64M |
| Net Change In Cash | -0.0000000009313 | -165.0K |
| YoY Change | -100.0% | -106.24% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $8.810M | $8.372M |
| Capital Expenditures | $16.61M | $19.14M |
| Free Cash Flow | -$7.800M | -$10.77M |
| YoY Change | -136.54% | -162.7% |
Facts In Submission
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