Scientific Industries Inc financial data

Symbol
SCND on OTC
Location
70 Orville Dr, Airport International Plz, Bohemia, NY
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 544 % -15.1%
Quick Ratio 268 % -0.15%
Debt-to-equity 24 % +8.84%
Return On Equity -64.6 %
Return On Assets -52.1 %
Operating Margin -76.4 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.5M shares +50%
Common Stock, Shares, Outstanding 10.5M shares +50%
Entity Public Float 17.4M USD +23.9%
Common Stock, Value, Issued 525K USD +50%
Weighted Average Number of Shares Outstanding, Diluted 10.5M shares +50%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 10.5M USD -11.2%
Cost of Revenue 5.71M USD -17%
Research and Development Expense 3.47M USD -2.7%
General and Administrative Expense 5.13M USD -18.3%
Operating Income (Loss) -7.99M USD +40%
Nonoperating Income (Expense) 124K USD +28%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.87M USD +41.3%
Income Tax Expense (Benefit) -109K USD -100%
Net Income (Loss) Attributable to Parent -7.76M USD +44%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 515K USD -78.9%
Accounts Receivable, after Allowance for Credit Loss, Current 1.21M USD +11.7%
Inventory, Net 5.4M USD +2.04%
Assets, Current 10.4M USD +9.86%
Property, Plant and Equipment, Net 1M USD -14.4%
Operating Lease, Right-of-Use Asset 1.11M USD -10.4%
Goodwill 115K USD 0%
Other Assets, Noncurrent 59.4K USD +2.06%
Assets 14.3M USD +0.53%
Accounts Payable, Current 713K USD +11.2%
Accrued Liabilities, Current 686K USD -25.9%
Liabilities, Current 1.77M USD +3.51%
Operating Lease, Liability, Noncurrent 819K USD -29.2%
Other Liabilities, Noncurrent 0 USD
Liabilities 2.59M USD -9.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -25.9K USD -885%
Retained Earnings (Accumulated Deficit) -30.8M USD -33.6%
Stockholders' Equity Attributable to Parent 11.7M USD +3.11%
Liabilities and Equity 14.3M USD +0.53%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.57M USD +10.3%
Net Cash Provided by (Used in) Financing Activities 646K USD
Net Cash Provided by (Used in) Investing Activities 481K USD -46.2%
Common Stock, Shares Authorized 30M shares +50%
Common Stock, Shares, Issued 10.5M shares +50%
Common Stock, Par or Stated Value Per Share 0.05 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -444K USD +47.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 561K USD -13%
Deferred Tax Assets, Valuation Allowance 9.3M USD +44.9%
Deferred Tax Assets, Gross 9.39M USD +44%
Operating Lease, Liability 1.17M USD -9.98%
Payments to Acquire Property, Plant, and Equipment 47.5K USD +3.71%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.27M USD +45.5%
Lessee, Operating Lease, Liability, to be Paid 1.29M USD -12.3%
Property, Plant and Equipment, Gross 2.53M USD +7.04%
Operating Lease, Liability, Current 347K USD +150%
Lessee, Operating Lease, Liability, to be Paid, Year Two 267K USD +64.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 358K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 124K USD -29.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 275K USD -7.51%
Deferred Tax Assets, Operating Loss Carryforwards 5.38M USD +60.5%
Current Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 201K USD -25.4%
Additional Paid in Capital 34.9M USD
Operating Leases, Future Minimum Payments, Due in Two Years 302K USD
Depreciation, Depletion and Amortization 189K USD +14.4%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 276K USD
Operating Leases, Future Minimum Payments, Due in Three Years 278K USD
Operating Leases, Future Minimum Payments Due 1.73M USD