Nortech systems inc (NSYS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net sales

27,440

30,818

30,058

27,292

28,165

28,827

29,558

28,538

26,447

-

28,310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales

-

-

-

-

-

-

-

-

-

-

-

30,134

28,318

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

29,008

29,718

28,945

28,950

31,441

30,409

26,801

26,539

30,446

28,037

27,408

26,149

29,293

27,389

28,450

25,925

25,022

25,520

28,033

28,360

29,123

28,318

27,796

28,998

25,957

24,694

Cost of Goods Sold

24,435

27,163

26,423

24,967

25,204

25,748

26,171

24,721

23,419

23,428

24,794

26,769

25,226

25,455

25,932

25,822

25,571

27,569

27,518

24,371

23,673

26,996

24,510

24,125

23,075

25,788

24,373

25,092

22,687

21,511

22,736

24,941

25,352

25,499

25,029

24,561

25,802

23,064

21,583

Gross Profit

3,005

3,655

3,635

2,325

2,961

3,079

3,387

3,817

3,028

2,145

3,516

3,365

3,092

3,553

3,785

3,122

3,378

3,872

2,890

2,430

2,866

3,449

3,527

3,282

3,073

3,504

3,015

3,358

3,237

3,510

2,784

3,091

3,008

3,623

3,288

3,235

3,196

2,893

3,110

Operating Expenses
Selling Expenses

621

576

589

797

761

836

717

1,037

1,039

1,071

1,144

1,327

1,205

1,211

1,122

1,310

1,303

1,330

1,244

1,310

1,363

1,494

1,303

1,145

1,120

1,182

1,228

1,193

1,196

1,055

992

1,152

1,087

943

900

871

929

784

765

General and Administrative Expenses

1,993

2,255

2,333

2,737

2,304

2,257

2,021

2,046

2,109

1,934

2,088

1,944

2,120

2,010

2,473

1,922

1,854

2,213

1,711

1,603

1,704

1,683

1,749

1,790

1,716

1,839

1,410

1,792

1,817

1,969

1,463

1,620

1,591

2,214

1,967

2,024

1,980

1,942

1,860

Gain on Sale of Property and Equipment

-

-

-

-

-

-

-

-

-

0

0

1

354

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Operating Expenses

2,614

2,831

2,922

3,534

3,065

3,093

2,738

3,083

3,148

3,913

3,232

3,270

2,971

3,224

3,596

3,232

3,157

3,543

2,956

2,913

3,067

3,177

3,053

2,935

2,837

3,022

2,639

2,985

3,013

3,025

2,455

2,773

2,679

3,157

2,868

2,896

2,909

2,726

2,625

Income (Loss) From Operations

391

824

713

-1,209

-104

-14

649

734

-120

-1,768

284

95

121

328

189

-109

220

328

-65

-483

-201

271

473

347

236

482

376

373

223

484

328

318

328

466

420

339

286

166

484

Other Expense
Loss on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

224

263

256

279

245

206

170

209

172

174

172

142

140

139

139

139

132

124

133

112

95

95

89

92

89

85

103

105

93

91

111

100

136

119

130

142

119

99

100

Income (Loss) Before Income Taxes

167

561

457

-1,488

-349

-

479

525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Miscellaneous Expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-23

-10

-19

32

17

-10

-12

-54

-16

-9

13

-9

-26

-19

153

7

Bargain Purchase Gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

791

-

-

Total Other Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-102

-115

-100

-104

-71

-87

-103

-103

-166

-116

-146

-105

-139

-169

652

54

-92

Loss Before Income Taxes

-

-

-

-

-

-

-

-

-292

-1,942

112

-222

-19

188

50

-249

88

-

-199

-595

-296

222

370

231

136

377

304

285

120

381

162

201

181

360

280

170

939

220

392

Income Tax Expense

30

287

44

64

14

-23

115

135

99

516

69

-206

-4

91

-13

-69

26

81

-76

-217

-104

8

38

-15

50

136

87

98

-21

106

57

76

59

126

98

24

313

93

245

Net Income (Loss)

137

274

413

-1,552

-363

-197

364

390

-391

-2,458

43

-16

-15

97

63

-180

62

123

-123

-378

-192

214

332

246

86

241

217

187

141

275

105

125

122

234

182

146

626

127

-

Net Income (Loss) Per Common Share:
Basic (in dollars per share) (in dollars per share)

0.05

-

0.16

-

-0.14

-

0.14

-

-

-

0.02

-

-

0.05

0.02

-0.07

0.02

0.05

-0.05

-0.14

-0.07

0.08

0.12

0.09

0.03

-

0.08

0.07

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Common Shares Outstanding - Basic (in shares) (in shares)

2,657

-

2,657

-

2,659

-

2,680

-

-

-

2,747

-

-

2,747

2,747

2,747

2,746

2,747

2,746

2,746

2,742

2,742

2,742

2,742

2,742

-

2,742

2,742

-

-

-

-

-

-

-

2,742

2,742

2,742

2,741

Diluted (in dollars per share) (in dollars per share)

0.05

-

0.16

-

-0.14

-

0.14

-

-

-

0.02

-

-

0.05

0.02

-0.07

0.02

0.05

-0.05

-0.14

-0.07

0.08

0.12

0.09

0.03

0.10

0.07

0.07

0.05

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Common Shares Outstanding - Diluted (in shares) (in shares)

2,668

-

2,657

-

2,659

-

2,682

-

-

-

2,748

-

-

2,751

2,749

2,747

2,748

2,747

2,746

2,746

2,742

2,752

2,747

2,746

2,747

2,747

2,742

2,742

2,742

-

-

-

-

-

-

2,742

2,742

2,742

2,741

Net Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

(Net Loss) Income Per Common Share - Basic and Diluted (in dollars per share)

-

-

-

-0.58

-

-

-

0.14

-0.14

-

-

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

-

0.04

0.05

0.04

0.08

0.07

0.05

0.23

0.05

0.05

Weighted Average Number of Common Shares Outstanding - Basic and Diluted (in shares)

-

-

-

2,676,449

-

-

-

2,695,994

2,720

-

-

2,747

2,747

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,742

-

2,742

2,742

2,742

-

2,742

-

-

-

-

Other comprehensive income (loss)
Foreign currency translation

-

-

-

-

-

-

-

-

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation

-61

32

-56

-56

56

-

-83

-126

-

-

-1

1

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss), net of tax

76

306

357

-1,608

-307

-192

281

264

-319

-

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss), net of tax

-

-

-

-

-

-

-

-

-

-

-

-15

-18

116

63

-180

62

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-