Technical Communications Corporation (TCCO) financial statements (2021 and earlier)

Company profile

Business Address 100 DOMINO DR
CONCORD, MA 01742
State of Incorp. MA
Fiscal Year End September 30
SIC 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6661,5141,5931,9821,6442,9512,584
Cash and cash equivalents6661,5141,5931,9821,2842,5892,277
Short-term investments    360362308
Restricted cash and investments    13  
Receivables1481341265597301121,791
Inventory, net of allowances, customer advances and progress billings9669021,0421,3691,3581,6441,851
Inventory9669021,0421,3691,3581,6441,851
Other current assets129153118142136214133
Other undisclosed current assets     28363
Total current assets:1,9092,7042,8804,0533,8814,9496,722
Noncurrent Assets
Operating lease, right-of-use asset521559 
Property, plant and equipment1519374954149257
Long-term investments and receivables     3741,037
Long-term investments     3741,037
Total noncurrent assets:5365773749545231,294
TOTAL ASSETS:2,4453,2812,9174,1023,9355,4718,016
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities494546678409325357424
Accounts payable17966355188109119180
Accrued liabilities11422985    
Employee-related liabilities202251238221216238244
Deferred revenue 474 
Debt1      
Customer advances and deposits5411941
Other liabilities162618185581137
Other undisclosed current liabilities38131422,142  41
Total current liabilities:8921,3606982,569434557643
Noncurrent Liabilities
Long-term debt and lease obligation517557     
Long-term debt, excluding current maturities149150     
Operating lease, liability368407 
Other undisclosed noncurrent liabilities(368)      
Total noncurrent liabilities:517963     
Total liabilities:1,4092,3236982,569434557643
Stockholders' equity
Stockholders' equity attributable to parent1,0361,3642,2201,5333,5004,9147,373
Common stock185185185185184184184
Additional paid in capital4,2594,2454,1894,1344,1394,1244,110
Retained earnings (accumulated deficit)(3,408)(3,066)(2,155)(2,786)(823)6063,079
Total stockholders' equity:1,0361,3642,2201,5333,5004,9147,373
Other undisclosed liabilities and equity (407)     
TOTAL LIABILITIES AND EQUITY:2,4453,2812,9174,1023,9355,4718,016

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

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Revenues3,6094,1087,0243,6854,2092,5235,942
Revenue, net4,2092,5235,942
Cost of revenue
(Cost of Goods and Services Sold)
(1,410)(1,724)(3,666)(2,713)(1,918)(2,014)(2,577)
Gross profit:2,1992,3853,3589722,2915093,365
Operating expenses(3,444)(3,296)(2,740)(2,462)(3,729)(3,499)(5,240)
Operating income (loss):(1,245)(911)618(1,490)(1,438)(2,989)(1,875)
Nonoperating income47201410847418
Investment income, nonoperating001410847418
Interest and debt expense(2)      
Income (loss) from continuing operations before income taxes:(774)(911)631(1,480)(1,429)(2,516)(1,857)
Income tax benefit     4335
Net income (loss):(774)(911)631(1,480)(1,429)(2,472)(1,822)
Other undisclosed net income attributable to parent2      
Net income (loss) available to common stockholders, diluted:(772)(911)631(1,480)(1,429)(2,472)(1,822)

Comprehensive Income ($ in thousands)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
9/30/2015
Net income (loss):(774)(911)631(1,480)(1,429)(2,472)(1,822)
Comprehensive income (loss):(774)(911)631(1,480)(1,429)(2,472)(1,822)
Other undisclosed comprehensive income, net of tax, attributable to parent      4
Comprehensive income (loss), net of tax, attributable to parent:(774)(911)631(1,480)(1,429)(2,472)(1,818)

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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