Frequency electronics inc (FEIM)
Income statement / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10
Revenues

9,628

9,087

12,554

13,163

13,193

12,142

11,011

7,475

10,572

9,337

12,023

15,940

11,383

11,466

11,562

9,235

13,498

16,003

16,680

19,200

18,381

19,243

19,740

19,498

18,218

17,007

16,827

17,541

17,137

17,569

16,685

17,153

15,448

15,055

15,939

15,936

12,635

12,528

12,124

Cost of revenues

6,488

10,269

8,601

9,767

9,093

8,123

6,737

6,184

13,424

7,134

7,502

15,512

8,116

7,737

7,737

5,682

8,773

10,779

10,907

13,887

12,485

12,569

14,075

13,357

12,107

10,775

10,561

11,894

10,387

10,837

10,704

11,006

9,233

8,943

9,795

10,366

7,786

7,724

7,378

Gross margin

3,140

-1,182

3,953

3,396

4,100

4,019

4,274

1,291

-2,852

2,203

4,521

428

3,267

3,729

3,825

3,553

4,725

5,224

5,773

5,313

5,896

6,674

5,665

6,141

6,111

6,232

6,266

5,647

6,750

6,732

5,981

6,147

6,215

6,112

6,144

5,570

4,849

4,804

4,746

Selling and administrative expenses

3,619

2,290

2,453

4,261

2,657

2,642

2,540

2,812

2,749

2,335

2,712

3,416

2,834

2,816

2,832

1,313

3,151

3,230

3,685

3,659

3,578

3,472

3,498

3,531

3,488

3,485

3,560

3,821

3,887

3,511

3,485

4,039

3,390

3,464

3,162

3,018

2,820

2,765

2,795

Research and development expense

1,082

1,450

2,280

1,413

1,837

1,607

1,649

1,879

1,708

1,734

1,629

2,043

1,337

2,095

1,401

1,033

1,302

1,946

1,147

1,700

1,321

1,406

1,239

1,224

1,363

1,483

1,743

1,996

1,113

1,203

1,415

907

882

873

1,198

1,459

1,233

1,227

1,162

Operating loss

-1,561

-4,922

-780

-2,278

-394

-230

85

-3,400

-7,309

-1,866

180

-5,031

-904

-1,182

-408

1,207

272

48

941

-46

997

1,796

928

1,386

1,260

1,264

963

-170

1,750

2,018

1,081

1,201

1,943

1,775

1,784

1,093

796

812

789

Other income (expense):
Investment income

191

45

177

52

52

144

45

33

68

13

1,154

162

108

187

92

82

43

94

271

-

129

-

414

-

-

-

-

162

190

152

167

172

214

135

125

127

89

99

80

Investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

-

-

425

208

143

-

-

-

-

-

-

-

-

-

-

-

-

Equity loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-198

-335

-136

19

-88

-7

-1

28

Impairment of investment in affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

-

-

-

-

-

Interest expense

25

25

24

25

23

17

18

18

19

21

21

21

61

26

42

38

37

32

24

26

32

47

34

36

25

36

59

39

53

47

56

45

26

26

24

27

27

29

35

Other (expense) income, net

-132

2

56

-91

104

195

-74

-73

1

1

2

37

49

0

1

19

24

1

403

-16

-16

-11

1

-9

-22

725

9

4

-67

-12

6

-10

-222

8

80

-13

-3

-83

-5

Loss before provision for income taxes

-1,527

-4,900

-571

-2,342

-261

92

38

-3,458

-7,259

-1,873

1,315

-4,853

-808

-1,021

-357

1,270

302

111

1,591

200

1,078

1,949

1,309

1,445

1,638

2,161

1,056

-43

1,820

2,111

1,198

1,850

1,574

1,406

1,984

-

848

798

-

Income before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

857

Provision for income taxes

19

9

20

19

60

-30

7

8,427

2,848

-584

485

-723

-1,188

-164

-40

170

20

180

700

260

200

660

590

690

420

770

380

0

300

670

430

-2,330

500

630

640

-3,580

340

470

350

Net loss from continuing operations

-

-

-

-

-

-

-

-11,885

-10,107

-1,289

830

-4,130

380

-857

-317

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total loss from discontinued operations

-

-

-

-

-

-

-

-629

-289

-192

-216

701

-42

-167

-389

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-1,546

-4,909

-591

-2,361

-321

122

31

-12,514

-10,396

-1,481

614

-3,429

338

-1,024

-706

-99

282

-69

891

-60

878

1,289

719

755

1,218

1,391

676

-43

1,520

1,441

768

4,180

1,074

776

1,344

4,672

508

328

507

Net loss per common share:
Basic and diluted loss from continuing operations (in Dollars per share)

-

-

-

-

-

-

-

-

-1.15

-0.15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss from discontinued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-0.03

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per share (in Dollars per share)

-

-

-

-

-

-

-

-

-1.18

-0.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings from continued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.09

-

0.04

-0.10

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic loss from discontinued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.02

-

0.00

-0.02

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic (in Dollars per share)

-

-

-0.07

-

-

-

0.00

-

-

-

0.07

-

0.04

-0.12

-0.08

0.00

0.03

-0.01

0.10

0.00

0.10

0.15

0.08

0.09

0.14

0.16

0.08

0.00

0.18

0.17

0.09

0.51

0.13

0.09

0.16

0.57

0.06

0.04

0.06

Diluted earnings from continued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

0.09

-

0.04

-0.10

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted loss from discontinued operations (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-0.02

-

0.00

-0.02

-0.04

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted loss per share (in Dollars per share)

-0.17

-0.54

-0.07

-

-0.04

0.01

0.00

-

-

-

0.07

-

0.04

-0.12

-0.08

-0.01

0.03

-0.01

0.10

-0.01

0.10

0.15

0.08

0.08

0.14

0.16

0.08

-0.01

0.18

0.17

0.09

0.48

0.13

0.09

0.16

0.56

0.06

0.04

0.06

Weighted average shares outstanding:
Basic (in Shares)

-

9,072

9,001

-

-

8,893

8,876

-

8,846

8,834

8,826

-

8,797

8,780

8,762

8,743

8,736

8,725

8,706

8,657

8,609

8,598

8,578

8,559

8,537

8,519

8,489

8,446

8,424

8,401

8,378

8,369

8,323

8,318

8,304

-16,489,301

8,262,713

8,251,391

8,233

Basic & Diluted (in Shares)

9,104

9,072

9,001

-

8,927

9,102

8,990

-

8,846

8,834

8,967

-

8,979

8,780

8,762

9,113

8,924

8,725

8,984

9,031

8,873

8,876

8,856

8,862

8,857

8,821

8,726

8,667

8,603

8,603

8,544

8,611

8,508

8,540

8,503

-16,670,318

8,372,187

8,323,303

8,280

Condensed Consolidated Statements of Comprehensive (Loss) Income
Net loss

-1,546

-4,909

-591

-2,361

-321

122

31

-12,514

-10,396

-1,481

614

-3,429

338

-1,024

-706

-99

282

-69

891

-60

878

1,289

719

755

1,218

1,391

676

-43

1,520

1,441

768

4,180

1,074

776

1,344

4,672

508

328

507

Foreign currency translation adjustment

0

0

0

529

343

-46

-36

-2,527

48

260

315

-123

-284

984

-615

-543

-1,002

91

701

-314

-387

-597

205

-485

172

976

-158

-828

191

449

-594

230

-996

-635

331

-

-

-

-

Change in market value of marketable securities before reclassification, net of tax

50

72

135

78

150

-47

-8

-468

-76

3

34

136

98

-194

312

337

-147

-104

-185

61

-78

89

271

294

-55

-126

-275

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjustment for realized gains included in net loss, net of tax

-2

0

1

1

-1

2

0

94

0

2

689

-12

9

0

0

-16

0

0

90

125

0

64

185

0

193

49

0

-

-

-

-

-

-

-

-

-

-

-

-

Total unrealized gain on marketable securities, net of tax

52

72

134

77

151

-49

-8

-562

-76

1

-655

148

89

-194

312

353

-147

-104

-275

-64

-78

25

86

294

-248

-175

-275

-

-

-

-

-

-

-

-

-

-

-

-

Change in market value of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

539

-87

42

327

-

-

-

-

-

-

-

-

Change in market value of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

194

15

-183

-

-

-

-

Deferred tax effect of change in marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

193

-31

15

119

17

70

5

-66

-

-

-

-

Total other comprehensive income

52

72

134

606

494

-95

-44

-3,089

-28

261

-340

25

-195

790

-303

-190

-1,149

-13

426

-378

-465

-572

291

-191

-76

801

-433

-482

135

476

-386

261

-872

-625

214

-

-

-

-

Comprehensive (loss) income

-1,494

-4,837

-457

-1,755

173

27

-13

-15,603

-10,424

-1,220

274

-3,404

143

-234

-1,009

-289

-867

-82

1,317

-438

413

717

1,010

564

1,142

2,192

243

-525

1,655

1,917

382

4,441

202

151

1,558

-

-

-

-