Scientific Industries Inc (SCND) financial statements (2021 and earlier)

Company profile

Business Address 70 ORVILLE DR
BOHEMIA, NY 11716
State of Incorp. DE
Fiscal Year End June 30
SIC 3826 - Laboratory Analytical Instruments (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
3/31/2019
Q3
12/31/2018
Q2
9/30/2018
Q1
6/30/2018
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0441,2601,6031,3541,3581,5071,053
Cash and cash equivalents1,0441,2601,6031,3541,3581,5071,053
Receivables1,8131,8681,9742,0001,2171,1901,722
Inventory, net of allowances, customer advances and progress billings3,0042,7132,5922,6712,7242,3012,268
Inventory3,0042,7132,5922,6712,7242,3012,268
Contract with customer, asset   422   
Other undisclosed current assets408427422391716457348
Total current assets:6,2686,2686,5916,8396,0155,4555,392
Noncurrent Assets
Operating lease, right-of-use asset931903  
Property, plant and equipment309314319281178186200
Long-term investments and receivables      245
Accounts and financing receivable, after allowance for credit loss      245
Intangible assets, net (including goodwill)8498688808959289841,044
Goodwill705705705705705705705
Intangible assets, net (excluding goodwill)143163175190223279339
Other noncurrent assets56595553535353
Other undisclosed noncurrent assets451451431463386632393
Total noncurrent assets:2,5962,5951,6851,6921,5441,8541,934
TOTAL ASSETS:8,8648,8638,2768,5317,5597,3097,326
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities8138951,1771,2581,1279791,086
Accounts payable475457569451571363428
Accrued liabilities339438608807556542658
Interest and dividends payable     75 
Debt14324114051346
Business combination, contingent consideration, liability268268 311   
Other undisclosed current liabilities10462268228232194182
Total current liabilities:1,3281,4651,5851,8471,3621,1771,273
Noncurrent Liabilities
Long-term debt and lease obligation855738     
Operating lease, liability855738  
Liabilities, other than long-term debt350350 664 6060
Accounts payable and accrued liabilities     6060
Business combination, contingent consideration, liability350350 664   
Other undisclosed noncurrent liabilities  350 290290290
Total noncurrent liabilities:1,2051,088350664290350350
Total liabilities:2,5332,5531,9352,5111,6521,5271,623
Stockholders' equity
Stockholders' equity attributable to parent6,3316,3096,3416,0205,9075,7825,702
Common stock76767676767676
Treasury stock, value(52)(52)(52)(52)(52)(52)(52)
Additional paid in capital2,6352,6172,5932,5762,5642,5552,546
Accumulated other comprehensive income (loss)   (12)(20)(17)1
Retained earnings3,6723,6693,7253,4333,3403,2213,132
Total stockholders' equity:6,3316,3096,3416,0205,9075,7825,702
TOTAL LIABILITIES AND EQUITY:8,8648,8638,2768,5317,5597,3097,326

Income statement (P&L) ($ in thousands)

12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
3/31/2019
Q3
12/31/2018
Q2
9/30/2018
Q1
6/30/2018
Q4
Revenues2,2722,0042,9453,0542,1632,0393,209
Cost of revenue(1,181)(1,024)(1,580)(1,972)(1,188)(1,093)(1,972)
Gross profit:1,0929801,3651,0819769461,236
Operating expenses(1,101)(1,056)(1,106)(895)(820)(770)(861)
Operating income (loss):(9)(76)259186156176375
Nonoperating income (expense)12(0)(7)8(7)22
Other nonoperating income (expense)3(0) 8(9)2 
Interest and debt expense  (0)(1)(0)(0)(1)
Income (loss) from continuing operations before equity method investments, income taxes:3(76)252193148177377
Other undisclosed income (loss) from continuing operations before income taxes  (1)100(1)
Income (loss) from continuing operations before income taxes:3(76)250194149178376
Income tax expense (benefit)12041(100)(30)(36)(185)
Net income (loss) available to common stockholders, diluted:4(56)29294118142191

Comprehensive Income ($ in thousands)

12/31/2019
Q2
9/30/2019
Q1
6/30/2019
Q4
3/31/2019
Q3
12/31/2018
Q2
9/30/2018
Q1
6/30/2018
Q4
Net income (loss):4(56)29294118142191
Comprehensive income (loss):4(56)29294118142191
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  148(3)(18)6
Comprehensive income (loss), net of tax, attributable to parent:4(56)305101116124197

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.

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