CVD EQUIPMENT CORP CVV Income Statement

Cvd equipment corp (CVV)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
22,214	19,646	18,809	17,132	18,649	24,334	29,433	36,237	40,631	41,128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	20,955	21,823	27,586	34,276	38,965	39,403	37,624	33,297	27,990	24,239	20,078	18,818	17,883	16,216	16,206	18,452	22,157	27,381	31,529	31,943	30,993	26,589	21,126	0	0	0
Cost of revenue
17,094	16,850	16,947	16,725	17,619	19,156	20,196	22,341	23,441	23,528	22,066	19,029	15,859	13,850	15,001	18,329	21,357	23,819	23,582	22,620	19,992	16,465	14,102	11,502	10,916	11,173	11,299	11,291	12,412	14,169	16,872	19,591	20,043	19,544	16,838	13,326	0	0	0
Gross profit
5,119	2,796	1,861	406	1,029	5,178	9,237	13,895	17,189	17,600	16,570	13,658	9,742	7,104	6,821	9,256	12,918	15,145	15,820	15,004	13,305	11,525	10,136	8,575	7,902	6,710	4,917	4,915	6,040	7,988	10,509	11,937	11,899	11,448	9,751	7,799	0	0	0
Operating expenses
Research and development
547	597	594	722	673	606	563	480	463	437	468	460	422	433	364	289	475	605	784	928	893	877	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling and shipping
786	898	1,056	1,211	1,383	1,620	1,665	1,679	1,632	1,404	1,275	1,191	1,125	1,097	1,113	1,165	1,152	1,208	1,210	1,211	1,237	1,282	1,258	1,196	1,141	1,027	1,040	1,015	1,099	1,236	1,259	1,396	1,303	1,207	1,116	969	0	0	0
General and administrative
6,097	6,285	6,499	7,365	7,701	8,205	8,550	8,533	8,681	8,539	8,203	7,670	7,298	6,926	6,882	7,079	7,444	7,745	9,396	9,087	8,756	8,204	6,633	6,532	6,139	6,076	5,560	5,264	5,256	5,123	5,326	5,584	5,628	5,449	4,953	4,366	0	0	0
Litigation settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
(Gain) on sale of buildings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Related party professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	0	0	0	0	0
Total operating expenses
7,431	7,781	8,150	9,299	9,759	10,432	10,779	10,693	10,777	10,381	9,948	9,322	8,217	7,829	7,732	8,900	10,066	10,553	17,310	16,152	15,812	15,289	10,207	10,447	8,888	8,516	6,719	5,781	7,438	7,443	7,286	7,674	6,946	6,692	6,135	5,445	0	0	0
Operating income (loss)
-2,311	-4,984	-6,288	-8,893	-8,730	-5,254	-1,541	3,201	6,412	7,218	6,621	4,336	1,525	-724	-910	355	2,852	4,591	-1,490	-1,148	-2,507	-3,764	-70	-1,871	-986	-1,806	-1,801	-865	-1,398	545	0	0	0	-	-	-	0	0	0
Other income (expense):
Interest income
120	142	188	202	189	159	112	100	88	80	62	40	30	28	27	26	25	24	26	30	32	33	30	28	28	29	30	31	32	31	31	27	21	18	12	9	0	0	0
Interest expense
484	482	473	463	456	463	409	311	209	106	70	72	77	79	82	85	87	92	96	101	105	109	114	120	139	163	189	215	225	204	181	168	161	182	204	215	0	0	0
Other Income (expense)
0	-	0	-	-	-	-	-	-	-	0	0	-	123	123	4	4	0	103	105	107	130	-1	-3	-5	-16	15	11	28	28	40	132	122	195	183	98	0	0	0
Total other income (expense), net
158	70	-77	-260	-266	-303	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other (expense), net
-	-	-	-	-	-	-	-	-	-	-6	86	71	71	67	-55	-57	-66	33	34	35	54	-85	-95	-116	-150	-143	-172	-164	-145	-109	-8	-16	30	-9	-108	0	0	0
Income (loss) before income tax
-2,152	-4,913	-6,366	-9,154	-8,996	-5,557	0	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss)/income before income taxes
-	-	-	-	-	-	-	-	-	-	-	0	-	-653	-704	438	2,932	4,663	-1,456	-1,114	-2,471	-3,709	-155	-1,966	-1,103	-1,956	-1,945	-1,038	-1,562	400	3,120	4,215	4,936	4,787	3,598	2,284	0	0	0
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Income tax (benefit)
339	1,413	-732	-1,155	-1,060	-356	-148	784	1,497	1,933	2,169	1,457	383	-504	-314	-68	595	1,320	-1,005	-709	-934	-1,235	-392	-906	-714	-1,396	-1,146	-858	-829	-35	808	891	1,116	1,008	759	533	0	0	0
Net income (loss)
-2,492	-6,327	-5,633	-7,998	-7,936	-5,201	-1,690	2,208	4,795	5,261	4,446	2,965	1,212	-149	-527	368	2,199	3,204	-451	-404	-1,537	-2,473	236	-1,060	-388	-560	-798	-179	-732	435	2,303	3,362	3,819	3,779	2,847	1,712	0	0	0
Basic income (loss) per common share (in dollars per share)
0.25	-0.40	-0.02	-0.21	-0.33	-0.29	-0.39	-0.21	0.09	0.25	0.22	0.20	0.16	0.12	-0.01	-0.08	-0.05	0.06	0.13	0.22	0.11	-0.53	0.14	0.03	-0.04	-0.09	-0.07	0.14	-0.07	-0.13	0.03	0.05	0.12	0.19	0.21	0.15	0.14	0.03	0.02
Diluted income (loss) per common share (in dollars per share)
0.25	-0.40	-0.02	-0.21	-0.33	-0.29	-0.39	-0.21	0.09	0.24	0.22	0.20	0.16	0.12	-0.01	-0.08	-0.05	0.06	0.13	0.21	0.11	-0.53	0.14	0.03	-0.04	-0.09	-0.07	0.14	-0.07	-0.13	0.03	0.05	0.12	0.19	0.20	0.14	0.14	0.03	0.02
Weighted average common shares Outstanding-basic (in shares)
6,626	6,597	6,556	6,555	6,539	6,534	6,494	6,486	6,467	6,401	6,378	6,370	6,353	6,305	6,323	6,301	6,213	6,191	6,171	6,170	6,168	6,161	6,140	6,112	6,104	6,088	6,071	6,069	6,055	6,013	6,046	5,992	5,976	5,930	5,839	5,211	4,821	4,784	4,778
Stock options (in shares)
-	-	-	-	-	-	-	-	-	-	34	34	32	-	-	-	0	-	94	130	130	-	114	112	-	-	-	109	-	-	154	169	175	-	274	256	220	-	-
Stock options (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	34
Weighted average common shares Outstanding-diluted (in shares)
6,626	6,597	6,556	6,555	6,539	6,523	6,494	6,486	6,477	6,346	6,413	6,404	6,385	6,305	6,323	6,301	6,213	6,267	6,265	6,300	6,299	5,934	6,255	6,224	6,104	5,978	6,071	6,179	6,055	6,014	6,201	6,162	6,151	5,896	6,113	5,467	5,041	4,799	4,813