Qualstar Corporation (QBAK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1267 FLYNN ROAD CAMARILLO, CA 93012 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3695 - Magnetic And Optical Recording Media (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,271 | 4,376 | 4,665 | 4,781 | 4,831 | 5,547 | |||
| Cash and cash equivalents | 4,271 | 4,376 | 4,665 | 4,781 | 4,831 | 5,547 | |||
| Restricted cash and investments | 100 | 100 | 100 | 100 | 100 | 100 | |||
| Receivables | 2,177 | 2,238 | 1,745 | 1,809 | 2,046 | 1,948 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,728 | 2,744 | 2,775 | 2,897 | 2,718 | 1,679 | |||
| Inventory | 2,728 | 2,744 | 2,775 | 2,897 | 2,718 | 1,679 | |||
| Other undisclosed current assets | 250 | 131 | 188 | 180 | 188 | 124 | |||
| Total current assets: | 9,526 | 9,589 | 9,473 | 9,767 | 9,883 | 9,398 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 734 | 822 | 363 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 132 | 106 | 99 | 112 | 120 | 129 | |||
| Other noncurrent assets | 133 | 129 | 132 | 119 | 119 | 120 | |||
| Total noncurrent assets: | 999 | 1,057 | 594 | 231 | 239 | 249 | |||
| TOTAL ASSETS: | 10,525 | 10,646 | 10,067 | 9,998 | 10,122 | 9,647 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,907 | 2,021 | 1,642 | 1,767 | 1,861 | 1,820 | |||
| Employee-related liabilities | 177 | 203 | 175 | 185 | 326 | 300 | |||
| Accounts payable | 1,325 | 1,365 | 943 | 1,023 | 1,082 | 1,056 | |||
| Accrued liabilities | 405 | 453 | 524 | 559 | 453 | 464 | |||
| Deferred revenue | 671 | 618 | 740 | ✕ | ✕ | ✕ | |||
| Debt | 272 | 303 | 229 | ||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 736 | ||||
| Other undisclosed current liabilities | 710 | 712 | |||||||
| Total current liabilities: | 2,850 | 2,942 | 2,611 | 2,503 | 2,571 | 2,532 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 495 | 545 | 152 | ||||||
| Liabilities, other than long-term debt | 310 | 220 | 164 | 167 | 39 | 39 | |||
| Deferred revenue | 257 | 168 | 124 | ✕ | ✕ | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 127 | ||||
| Other liabilities | 53 | 52 | 40 | 40 | 39 | 39 | |||
| Operating lease, liability | 495 | 545 | 152 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (1) | 108 | 77 | ||||||
| Total noncurrent liabilities: | 804 | 765 | 316 | 167 | 147 | 116 | |||
| Total liabilities: | 3,654 | 3,707 | 2,927 | 2,670 | 2,718 | 2,648 | |||
| Equity | |||||||||
| Equity, attributable to parent | 6,871 | 6,939 | 7,140 | 7,328 | 7,404 | 6,999 | |||
| Common stock | 18,790 | 18,907 | 19,097 | 19,426 | 19,519 | 19,519 | |||
| Accumulated deficit | (11,919) | (11,968) | (11,957) | (12,098) | (12,115) | (12,520) | |||
| Total equity: | 6,871 | 6,939 | 7,140 | 7,328 | 7,404 | 6,999 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,525 | 10,646 | 10,067 | 9,998 | 10,122 | 9,647 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,703 | 3,439 | 2,856 | 2,909 | 3,154 | 3,231 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (2,749) | (2,634) | (1,936) | (1,967) | (1,901) | (1,809) | ||
| Gross profit: | 954 | 805 | 920 | 942 | 1,253 | 1,422 | ||
| Operating expenses | (917) | (832) | (784) | (921) | (848) | (948) | ||
| Operating income (loss): | 37 | (27) | 136 | 21 | 405 | 474 | ||
| Nonoperating income (Other Nonoperating income) | 12 | 16 | 5 | |||||
| Income (loss) from continuing operations before income taxes: | 49 | (11) | 141 | 21 | 405 | 474 | ||
| Other undisclosed income (loss) from continuing operations | (4) | |||||||
| Income (loss) from continuing operations: | 49 | (11) | 141 | 17 | 405 | 474 | ||
| Income (loss) before gain (loss) on sale of properties: | 49 | (11) | 141 | 17 | 405 | 474 | ||
| Net income (loss) available to common stockholders, diluted: | 49 | (11) | 141 | 17 | 405 | 474 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 49 | (11) | 141 | 17 | 405 | 474 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 49 | (11) | 141 | 17 | 405 | 474 | ||
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.