Hickok Inc (CRAWA) financial statements (2021 and earlier)
Company profile
| Business Address |
10514 DUPONT AVE CLEVELAND, OH 44108 |
| State of Incorp. | OH |
| Fiscal Year End | December 31 |
| SIC | 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 8 | 2 | 5 | 1 | 3 | 0 | ||
| Cash and cash equivalents | 6 | 2 | 5 | 1 | 3 | 0 | ||
| Short-term investments | 2 | |||||||
| Receivables | 12 | 14 | 10 | 9 | 1 | 1 | ||
| Inventory, net of allowances, customer advances and progress billings | 11 | 8 | 5 | 4 | 3 | 2 | ||
| Inventory | 11 | 8 | 5 | 4 | 3 | 2 | ||
| Prepaid expense | 1 | 1 | 1 | 0 | 0 | 0 | ||
| Contract with customer, asset | 4 | 2 | 2 | ✕ | ✕ | ✕ | ||
| Costs in excess of billings | ✕ | ✕ | ✕ | 2 | ||||
| Total current assets: | 35 | 27 | 23 | 15 | 8 | 3 | ||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 9 | 9 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 11 | 12 | 3 | 1 | ||||
| Long-term investments and receivables | 0 | 0 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 0 | 0 | ||||||
| Intangible assets, net (including goodwill) | 19 | 14 | 14 | 4 | 2 | |||
| Goodwill | 12 | 10 | 10 | 2 | 2 | |||
| Intangible assets, net (excluding goodwill) | 8 | 4 | 4 | 2 | ||||
| Deposits noncurrent assets | 0 | 0 | ||||||
| Other noncurrent assets | 0 | 0 | 0 | 0 | ||||
| Deferred tax assets, net | ✕ | ✕ | 3 | 3 | ||||
| Other undisclosed noncurrent assets | (3) | (0) | ||||||
| Total noncurrent assets: | 39 | 35 | 14 | 7 | 6 | 0 | ||
| Other undisclosed assets | 13 | 3 | 1 | 0 | ||||
| TOTAL ASSETS: | 74 | 62 | 51 | 26 | 15 | 4 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 11 | 9 | 8 | 4 | 2 | 1 | ||
| Accounts payable | 9 | 6 | 5 | 1 | 1 | 0 | ||
| Accrued liabilities | 2 | 3 | 2 | 1 | 1 | 0 | ||
| Employee-related liabilities | 1 | 1 | 0 | 0 | ||||
| Taxes payable | 0 | 0 | 0 | 0 | ||||
| Deferred revenue | 1 | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 4 | 4 | 1 | 1 | 0 | |||
| Due to related parties | 0 | 0 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 1 | ||||
| Other undisclosed current liabilities | 1 | 1 | 7 | 0 | 0 | |||
| Total current liabilities: | 18 | 16 | 17 | 6 | 2 | 1 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 12 | 14 | 8 | 6 | 0 | 0 | ||
| Long-term debt, excluding current maturities | 12 | 14 | 8 | 6 | 0 | 0 | ||
| Capital lease obligations | ✕ | ✕ | 0 | 0 | 0 | |||
| Liabilities, other than long-term debt | 2 | 2 | 2 | 4 | 4 | 0 | ||
| Accounts payable and accrued liabilities | 0 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | 2 | |||||
| Deferred income tax liabilities | 2 | 2 | ✕ | ✕ | ✕ | ✕ | ||
| Due to related parties | 4 | 4 | ||||||
| Other undisclosed noncurrent liabilities | 15 | 9 | 11 | |||||
| Total noncurrent liabilities: | 29 | 25 | 21 | 10 | 5 | 1 | ||
| Total liabilities: | 47 | 41 | 38 | 16 | 7 | 1 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 28 | 21 | 13 | 10 | 8 | 3 | ||
| Treasury stock, value | (2) | (2) | (2) | (0) | (0) | (0) | ||
| Additional paid in capital | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Retained earnings (accumulated deficit) | 22 | 17 | 10 | 5 | 4 | (1) | ||
| Other undisclosed stockholders' equity attributable to parent | 5 | 5 | 3 | 3 | 3 | 2 | ||
| Total stockholders' equity: | 28 | 21 | 13 | 10 | 8 | 3 | ||
| TOTAL LIABILITIES AND EQUITY: | 74 | 62 | 51 | 26 | 15 | 4 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 85 | 90 | 66 | 24 | 7 | 6 | |
| Revenue, net | ✕ | ✕ | ✕ | 24 | 7 | 6 | |
| Cost of revenue | (66) | (70) | (51) | (16) | (4) | (3) | |
| Cost of goods and services sold | (66) | (70) | (51) | (16) | (4) | (3) | |
| Gross profit: | 19 | 20 | 15 | 8 | 2 | 3 | |
| Operating expenses | (11) | (9) | (8) | (5) | (1) | (3) | |
| Other operating income (expense), net | (0) | 0 | 0 | ||||
| Other expenses | (0) | ||||||
| Other undisclosed operating income | 0 | ||||||
| Operating income (loss): | 7 | 11 | 7 | 3 | 1 | (0) | |
| Nonoperating income (expense) | 0 | (1) | (2) | ||||
| Investment income, nonoperating | (1) | ||||||
| Other nonoperating income (expense) | 0 | (0) | (0) | ||||
| Interest and debt expense | (1) | (1) | (1) | (0) | (0) | (0) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (0) | 0 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 7 | 8 | 5 | 2 | 1 | (0) | |
| Other undisclosed income from continuing operations before income taxes | 1 | 1 | 1 | ||||
| Income (loss) from continuing operations before income taxes: | 7 | 9 | 5 | 2 | 1 | (0) | |
| Income tax expense (benefit) | (2) | (2) | (2) | (1) | 3 | ||
| Net income (loss) available to common stockholders, diluted: | 6 | 7 | 4 | 1 | 5 | (0) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 6 | 7 | 4 | 1 | 5 | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 6 | 7 | 4 | 1 | 5 | (0) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.