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)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,1117,5601,6031,0531,3211,535764
Cash and cash equivalents1,1117,5601,6031,0531,0251,245482
Short-term investments    296290282
Receivables1,5551,0641,9741,7221,4241,2321,082
Inventory, net of allowances, customer advances and progress billings2,6392,8852,5922,2681,9612,4122,214
Inventory2,6392,8852,5922,2681,9612,4122,214
Other undisclosed current assets6,434779422348209188483
Total current assets:11,73912,2876,5915,3924,9165,3674,542
Noncurrent Assets
Operating lease, right-of-use asset765803
Property, plant and equipment311280319200199251235
Long-term investments and receivables   245   
Accounts and financing receivable, after allowance for credit loss   245   
Intangible assets, net (including goodwill)3858348801,0441,2841,6032,157
Goodwill257705705705705705705
Intangible assets, net (excluding goodwill)1281291753395798981,452
Other noncurrent assets58565553535353
Other undisclosed noncurrent assets811537431393376276155
Total noncurrent assets:2,3302,5101,6851,9341,9122,1822,599
TOTAL ASSETS:14,07014,7978,2767,3266,8287,5497,141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9621,1541,1771,0866301,192748
Accounts payable584355569428139342228
Accrued liabilities378800608658491850520
Debt78943140676200
Disposal group, including discontinued operation152      
Business combination, contingent consideration, liability98      
Customer advances and deposits   76
Other undisclosed current liabilities128991268182176137107
Total current liabilities:2,1282,1881,5851,2738131,3351,131
Noncurrent Liabilities
Long-term debt and lease obligation711641     
Operating lease, liability711641
Liabilities, other than long-term debt247  606060 
Accounts payable and accrued liabilities   606060 
Business combination, contingent consideration, liability247      
Other undisclosed noncurrent liabilities (394)350290127222260
Total noncurrent liabilities:958888350350187282260
Total liabilities:3,0873,0761,9351,6231,0001,6171,391
Stockholders' equity
Stockholders' equity attributable to parent10,98311,7216,3415,7025,8285,9325,750
Common stock1441447676767575
Treasury stock, value(52)(52)(52)(52)(52)(52)(52)
Additional paid in capital8,7468,6082,5932,5462,5162,4992,487
Accumulated other comprehensive income (loss)   1(4)1(3)
Retained earnings2,1463,0213,7253,1323,2923,4103,244
Total stockholders' equity:10,98311,7216,3415,7025,8285,9325,750
TOTAL LIABILITIES AND EQUITY:14,07014,7978,2767,3266,8287,5497,141

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

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Revenues9,1688,57010,2008,4818,1499,5987,858
Revenue, net 8,1499,5987,848
Cost of revenue(4,970)(4,717)(5,833)(5,260)(5,270)(5,680)(4,727)
Cost of goods and services sold    (5,270)(5,680)(4,727)
Other undisclosed gross profit      (10)
Gross profit:4,1973,8534,3673,2222,8793,9173,122
Operating expenses(5,823)(4,989)(3,591)(3,227)(3,040)(3,672)(3,138)
Other undisclosed operating loss(1)(1)     
Operating income (loss):(1,627)(1,136)776(6)(160)245(17)
Nonoperating income (expense)8229(4)917814
Investment income, nonoperating 13361164
Other nonoperating income (expense)(12)16(8)3629
Interest and debt expense  (2)(2)(3)(34)(4)
Income (loss) from continuing operations before equity method investments, income taxes:(1,545)(1,108)7701(147)219(7)
Other undisclosed loss from continuing operations before income taxes(32)(32)     
Income (loss) from continuing operations before income taxes:(1,577)(1,140)7701(147)219(7)
Income tax expense (benefit)525437(125)(162)74(53)16
Income (loss) from continuing operations:(1,052)(703)646(161)(73)1669
Loss from discontinued operations(474)      
Net income (loss) available to common stockholders, diluted:(1,527)(703)646(161)(73)1669

Comprehensive Income ($ in thousands)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
Net income (loss):(1,527)(703)646(161)(73)1669
Comprehensive income (loss):(1,527)(703)646(161)(73)1669
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   5(4)4(4)
Comprehensive income (loss), net of tax, attributable to parent:(1,527)(703)646(156)(77)1704

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: