PRECISION OPTICS CORPORATION, INC. (PEYE) financial statements (2022 and earlier)

Company profile

Business Address 22 EAST BROADWAY
GARDNER, MA 01440
State of Incorp. MA
Fiscal Year End June 30
SIC 3845 - Electromedical and Electrotherapeutic Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2638621,1352,28840311850
Cash and cash equivalents1,2638621,1352,28840311850
Receivables2,3001,8791,4812,165797469750
Inventory, net of allowances, customer advances and progress billings2,5031,8852,1971,7351,1441,0551,133
Inventory2,5031,8852,1971,7351,1441,0551,133
Prepaid expense299151134180715688
Total current assets:6,3664,7764,9476,3682,4151,6982,022
Noncurrent Assets
Operating lease, right-of-use asset3161118
Property, plant and equipment644594503383497278
Intangible assets, net (including goodwill)9,848829783742473023
Goodwill9,649688688688   
Intangible assets, net (excluding goodwill)1991429554473023
Total noncurrent assets:10,5231,4851,4041,12597102101
TOTAL ASSETS:16,8896,2616,3527,4932,5111,8012,123
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,1011,7951,6481,7081,0409561,455
Accounts payable1,2531,2051,0661,1747046951,152
Accrued liabilities    987166
Employee-related liabilities848590582534239190238
Deferred revenue1,137450417
Debt407 80910988
Customer advances and deposits 180 
Other undisclosed current liabilities9212662761,8948847541
Total current liabilities:4,5662,5113,1493,6111,9331,2191,504
Noncurrent Liabilities
Long-term debt and lease obligation2,277 615152432
Long-term debt, excluding current maturities2,145      
Finance lease, liability132  
Capital lease obligations5152432
Operating lease, liability  61
Total noncurrent liabilities:2,277 1225152432
Total liabilities:6,8442,5113,2723,6161,9471,2421,536
Stockholders' equity
Stockholders' equity attributable to parent9,1893,4312,7723,377564558587
Common stock1671331321211028975
Additional paid in capital57,27250,46449,70348,89345,48445,14044,176
Accumulated deficit(48,250)(47,166)(47,063)(45,637)(45,022)(44,671)(43,664)
Total stockholders' equity:9,1893,4312,7723,377564558587
Other undisclosed liabilities and equity856319308500   
TOTAL LIABILITIES AND EQUITY:16,8896,2616,3527,4932,5111,8012,123

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues11,36510,6759,9236,8044,0383,1553,917
Cost of revenue(8,002)(7,241)(6,561)(4,682)(2,556)(2,381)(2,975)
Cost of goods and services sold(1,640)    (2,381)(2,975)
Gross profit:3,3633,4343,3632,1221,482774942
Operating expenses(5,089)(4,339)(4,786)(2,735)(1,831)(1,776)(1,997)
Operating loss:(1,727)(906)(1,423)(613)(349)(1,002)(1,055)
Interest and debt expense(5)(5)(1)(1)(2)(3)(0)
Other undisclosed loss from continuing operations before equity method investments, income taxes(5)      
Loss from continuing operations before equity method investments, income taxes:(1,737)(911)(1,424)(614)(350)(1,006)(1,056)
Other undisclosed income from continuing operations before income taxes809809    22
Loss from continuing operations before income taxes:(928)(102)(1,424)(614)(350)(1,006)(1,034)
Income tax expense (1)(2)(1)(1)(1)(1)
Other undisclosed loss from continuing operations(1)      
Loss before gain (loss) on sale of properties:(929)(103)(1,426)(615)(351)(1,006)(1,035)
Other undisclosed net income808      
Net loss:(121)(103)(1,426)(615)(351)(1,006)(1,035)
Other undisclosed net loss attributable to parent(853)      
Net loss available to common stockholders, diluted:(974)(103)(1,426)(615)(351)(1,006)(1,035)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net loss:(121)(103)(1,426)(615)(351)(1,006)(1,035)
Comprehensive loss, net of tax, attributable to parent:(121)(103)(1,426)(615)(351)(1,006)(1,035)

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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