Electronic Control Security Inc (EKCS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
790 BLOOMFIELD AVENUE CLIFTON, NJ 07012 |
| State of Incorp. | NJ |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | 12/31/2012 Q2 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 0 | 1 | 1 | 1 | 1 | |||
| Cash and cash equivalents | 0 | 1 | 1 | 1 | 1 | |||
| Receivables | 586 | 621 | 586 | 813 | 954 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,876 | 1,840 | 1,842 | 2,035 | 2,024 | |||
| Inventory | 1,876 | 1,840 | 1,842 | 2,035 | 2,024 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 96 | 101 | ||
| Other current assets | 12 | 13 | 23 | ✕ | ||||
| Other undisclosed current assets | 231 | 195 | 167 | 144 | 144 | |||
| Total current assets: | 2,705 | 2,670 | 2,619 | 3,088 | 3,223 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 177 | 198 | 219 | 232 | 253 | |||
| Intangible assets, net (including goodwill) | 761 | 780 | 799 | 1,015 | 1,034 | |||
| Goodwill | 197 | 197 | ||||||
| Intangible assets, net (excluding goodwill) | 761 | 780 | 799 | 818 | 837 | |||
| Other noncurrent assets | 15 | 16 | 18 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 7 | 7 | ||
| Other undisclosed noncurrent assets | 712 | 688 | 679 | 525 | 525 | |||
| Total noncurrent assets: | 1,665 | 1,682 | 1,715 | 1,779 | 1,819 | |||
| TOTAL ASSETS: | 4,370 | 4,353 | 4,334 | 4,868 | 5,042 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 314 | 242 | 1,035 | 1,028 | ||||
| Employee-related liabilities | 314 | 242 | 1,035 | 1,028 | ||||
| Debt | 33 | 33 | 32 | 473 | 475 | |||
| Due to related parties | 750 | 564 | 442 | 1,035 | 1,040 | |||
| Other undisclosed current liabilities | 1,328 | 898 | 901 | 147 | 40 | |||
| Total current liabilities: | 2,111 | 1,808 | 1,617 | 2,690 | 2,584 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 424 | 432 | 441 | |||||
| Long-term debt, excluding current maturities | 424 | 432 | 441 | |||||
| Liabilities, other than long-term debt | 7 | 7 | ||||||
| Other liabilities | 7 | 7 | ||||||
| Other undisclosed noncurrent liabilities | 848 | 848 | 848 | |||||
| Total noncurrent liabilities: | 1,272 | 1,287 | 1,296 | |||||
| Total liabilities: | 3,383 | 3,095 | 2,912 | 2,690 | 2,584 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 987 | 1,258 | 1,422 | 2,177 | 2,459 | |||
| Common stock | 16 | 16 | 16 | 16 | 14 | |||
| Treasury stock, value | (10) | (10) | (10) | (10) | 10 | |||
| Additional paid in capital | 14,200 | 14,159 | 14,120 | 14,082 | 13,947 | |||
| Accumulated other comprehensive income | 5 | 5 | 5 | 5 | 5 | |||
| Accumulated deficit | (13,227) | (12,915) | (12,712) | (11,918) | (11,500) | |||
| Other undisclosed equity, attributable to parent | 3 | 3 | 3 | 3 | (17) | |||
| Total equity: | 987 | 1,258 | 1,422 | 2,177 | 2,459 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,370 | 4,353 | 4,334 | 4,868 | 5,042 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | 12/31/2012 Q2 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 62 | 171 | 46 | 82 | 422 | ||
| Cost of revenue | (99) | (158) | (312) | (129) | (174) | ||
| Gross profit: | (37) | 13 | (266) | (47) | 248 | ||
| Operating expenses | (271) | (232) | (884) | (291) | (271) | ||
| Other undisclosed operating income | 41 | 283 | |||||
| Operating loss: | (308) | (177) | (868) | (338) | (23) | ||
| Nonoperating income | 23 | 22 | 62 | 42 | 26 | ||
| Other nonoperating income | 1 | 1 | 42 | 20 | 1 | ||
| Interest and debt expense | 21 | 21 | 19 | 22 | 25 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (67) | (66) | (143) | (107) | (76) | ||
| Loss from continuing operations before income taxes: | (331) | (199) | (930) | (380) | (49) | ||
| Income tax benefit | 60 | 35 | 175 | 29 | 15 | ||
| Loss from continuing operations: | (271) | (164) | (755) | (351) | (34) | ||
| Loss before gain (loss) on sale of properties: | (271) | (164) | (755) | (351) | (34) | ||
| Net loss attributable to parent: | (271) | (164) | (755) | (351) | (34) | ||
| Preferred stock dividends and other adjustments | (41) | (40) | (38) | (37) | (37) | ||
| Net loss available to common stockholders, diluted: | (311) | (204) | (793) | (388) | (71) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2014 Q3 | 12/31/2013 Q2 | 9/30/2013 Q1 | 6/30/2013 Q4 | 3/31/2013 Q3 | 12/31/2012 Q2 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (271) | (164) | (755) | (351) | (34) | ||
| Comprehensive loss, net of tax, attributable to parent: | (271) | (164) | (755) | (351) | (34) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.