$60.38M
Revenue
$8.97M
Net Income
50.85%
Gross Margin
16.33%
Op. Margin
$-2.24M
Free Cash Flow
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Total Revenue | $17.20M | $15.16M | $13.64M | $14.38M | $14.83M | $14.44M |
| Revenue Growth % (YoY) | 16.0% | 5.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $8.92M | $7.30M | $6.88M | $6.57M | $7.35M | $7.03M |
| Gross Profit | $8.28M | $7.86M | $6.76M | $7.81M | $7.48M | $7.41M |
| Gross Margin % | 48.2% | 51.8% | 49.5% | 54.3% | 50.4% | 51.3% |
| Operating Expenses | $5.53M | $5.27M | $5.02M | $5.03M | $4.93M | $4.19M |
| Research & Development | $337.60K | $300.58K | $265.06K | $182.23K | $215.36K | $258.32K |
| Operating Income | $2.75M | $2.59M | $1.74M | $2.78M | $2.54M | $3.22M |
| Operating Margin % | 16.0% | 17.1% | 12.7% | 19.3% | 17.2% | 22.3% |
| Interest Expense | $7.96K | $5.60K | $2.94K | $3.22K | $4.44K | $854.00 |
| Interest Income | $93.30K | $83.35K | $71.90K | $134.17K | $74.17K | $123.65K |
| Other Income/Expense | $8.97K | $3.05K | $-23.34K | $-30.38K | $19.72K | $-36.87K |
| Income Before Tax | $2.94M | $2.77M | $1.83M | $2.90M | $2.65M | $3.49M |
| Income Tax Expense | $752.40K | $704.62K | $393.15K | $-392.15K | $611.01K | $634.03K |
| Net Income | $2.18M | $2.06M | $1.43M | $3.29M | $2.04M | $2.86M |
| Net Margin % | 12.7% | 13.6% | 10.5% | 22.9% | 13.8% | 19.8% |
| Basic EPS | 0.05 | 0.04 | 0.03 | 0.07 | 0.04 | 0.06 |
| Diluted EPS | 0.04 | 0.04 | 0.03 | 0.07 | 0.04 | 0.06 |
| Basic Shares Outstanding | 46.8M | 47.1M | 46.9M | -8K | 47.5M | 47.4M |
| Diluted Shares Outstanding | 48.7M | 49.1M | 48.5M | -187K | 49.5M | 49.5M |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $7.96M | $8.92M | $7.20M | $10.77M | $8.34M | $8.25M |
| Short-term Investments | $2.34M | $3.63M | $2.75M | $2.80M | $2.80M | $1.90M |
| Accounts Receivable | $16.43M | $14.16M | $14.23M | $14.01M | $13.25M | $13.99M |
| Inventory | $17.19M | $16.06M | $15.75M | $14.06M | $13.53M | $13.02M |
| Total Current Assets | $47.30M | $45.81M | $43.28M | $44.47M | $40.66M | $39.55M |
| Property Plant & Equipment | $11.33M | $11.19M | $11.23M | $10.78M | $10.65M | $10.63M |
| Goodwill | $2.58M | $2.58M | $2.58M | $2.58M | $2.58M | $2.58M |
| Intangible Assets | $998.74K | $1.03M | $1.06M | $1.10M | $1.14M | $1.18M |
| Long-term Investments | $6.58M | $5.89M | $6.29M | $6.43M | $6.22M | $7.21M |
| Total Assets | $69.60M | $67.40M | $65.33M | $66.29M | $61.39M | $61.31M |
| Accounts Payable | $2.17M | $1.65M | $2.99M | $2.70M | $1.19M | $2.12M |
| Accrued Liabilities | $4.73M | $4.45M | $2.73M | $4.54M | $3.76M | $4.37M |
| Total Current Liabilities | $7.58M | $6.61M | $6.76M | $9.10M | $5.69M | $7.45M |
| Deferred Tax Liabilities | $53.32K | $50.70K | $44.88K | $52.62K | $955.26K | $694.43K |
| Total Liabilities | $7.87M | $6.93M | $7.08M | $9.46M | $6.72M | $8.24M |
| Common Stock | $53.69K | $53.59K | $53.34K | $53.05K | $52.95K | $52.66K |
| Retained Earnings | $41.88M | $39.70M | $37.64M | $36.20M | $32.91M | $30.87M |
| Treasury Stock | - | - | - | - | - | $7.39M |
| Total Stockholders Equity | $61.73M | $60.46M | $58.25M | $56.84M | $54.67M | $53.07M |
| Total Liabilities & Equity | $69.60M | $67.40M | $65.33M | $66.29M | $61.39M | $61.31M |
| Breakdown | Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
|---|---|---|---|---|---|---|
| Net Income | $5.68M | $2.06M | $1.43M | $3.29M | $7.49M | $2.86M |
| Depreciation & Amortization | $802.84K | $539.09K | $267.65K | $286.76K | $822.20K | $548.00K |
| Change in Receivables | $2.35M | $70.94K | $23.97K | $767.36K | $2.36M | $3.03M |
| Change in Inventory | $3.17M | $2.08M | $1.74M | $466.62K | $3.25M | $2.66M |
| Operating Cash Flow | $-222.74K | $-215.83K | $-2.69M | $4.40M | $2.67M | $1.78M |
| Capital Expenditure | $1.40M | $1.07M | $776.72K | $254.21K | $974.07K | $607.25K |
| Investing Cash Flow | $-611.15K | $-1.10M | $-531.27K | $-237.25K | $-1.03M | $-703.33K |
| Stock Repurchased | $1.65M | $190.62K | - | $1.65M | $339.31K | $57.96K |
| Financing Cash Flow | $-1.93M | $-494.15K | $-318.81K | $-1.76M | $-690.04K | $-255.55K |
| Net Change in Cash | $-2.80M | $-1.85M | $-3.57M | $2.43M | $954.28K | $861.51K |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $17.20M | - | $46.00M | - |
| Cost of Revenue | $8.92M | - | $23.10M | - |
| Gross Profit | $8.28M | - | $22.90M | - |
| Operating Expenses | $5.53M | - | $15.82M | - |
| Research & Development | $337.60K | - | $952.67K | - |
| Operating Income | $2.75M | - | $7.08M | - |
| Interest Expense | $2.36K | - | $7.96K | - |
| Interest Income | $93.30K | - | $248.54K | - |
| Other Income/Expense | $8.97K | - | $-11.32K | - |
| Income Before Tax | $2.94M | - | $7.53M | - |
| Income Tax Expense | $752.40K | - | $1.85M | - |
| Net Income | $2.18M | $2.86M | $5.68M | - |
| Basic EPS | 0.05 | - | 0.12 | - |
| Diluted EPS | 0.04 | - | 0.12 | - |
| Basic Shares Outstanding | $46.81M | - | $46.94M | - |
| Diluted Shares Outstanding | $48.74M | - | $48.87M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Cash & Cash Equivalents | $7.96M | $10.77M |
| Short-term Investments | $2.34M | $2.80M |
| Accounts Receivable | $16.43M | $14.01M |
| Inventory | $17.19M | $14.06M |
| Total Current Assets | $47.30M | $44.47M |
| Property Plant & Equipment | $11.33M | $10.78M |
| Goodwill | $2.58M | $2.58M |
| Intangible Assets | $998.74K | $1.10M |
| Long-term Investments | $6.58M | $6.43M |
| Total Assets | $69.60M | $66.29M |
| Accounts Payable | $2.17M | $2.70M |
| Accrued Liabilities | $4.73M | $4.54M |
| Total Current Liabilities | $7.58M | $9.10M |
| Deferred Tax Liabilities | $53.32K | $52.62K |
| Total Liabilities | $7.87M | $9.46M |
| Common Stock | $53.69K | $53.05K |
| Retained Earnings | $41.88M | $36.20M |
| Total Stockholders Equity | $61.73M | $56.84M |
| Total Liabilities & Equity | $69.60M | $66.29M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.18M | $2.86M | $5.68M | - |
| Depreciation & Amortization | - | - | $802.84K | - |
| Change in Receivables | - | - | $2.35M | - |
| Change in Inventory | - | - | $3.17M | - |
| Operating Cash Flow | - | - | $-222.74K | - |
| Capital Expenditure | - | - | $1.40M | - |
| Investing Cash Flow | - | - | $-611.15K | - |
| Stock Repurchased | - | - | $1.65M | - |
| Financing Cash Flow | - | - | $-1.93M | - |
| Net Change in Cash | - | - | $-2.80M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.