Scientific Industries Inc financial data

Symbol
SCND on OTC
Industry
Laboratory Analytical Instruments
Location
70 Orville Dr, Airport International Plz, Bohemia, NY
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 602 % +15.6%
Quick Ratio 291 % +15%
Debt-to-equity 21.9 % -14.9%
Return On Equity -54.9 %
Return On Assets -45 %
Operating Margin -66 %

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 10.6M USD +7.1%
Cost of Revenue 5.71M USD +0.1%
Research and Development Expense 3.25M USD -23.7%
General and Administrative Expense 5.26M USD +13.7%
Operating Income (Loss) -7.03M USD +43.4%
Nonoperating Income (Expense) 178K USD +223%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.85M USD +46.4%
Income Tax Expense (Benefit) -109K USD
Net Income (Loss) Attributable to Parent -6.74M USD +46.4%
Earnings Per Share, Diluted -0.11 USD/shares +64.5%

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 1.36M USD +5.01%
Inventory, Net 5.39M USD +1.95%
Assets, Current 9.65M USD +12.6%
Property, Plant and Equipment, Net 971K USD -11.3%
Operating Lease, Right-of-Use Asset 1.03M USD -11.9%
Goodwill 115K USD 0%
Other Assets, Noncurrent 59.4K USD +2.06%
Assets 13.3M USD +1.98%
Accounts Payable, Current 615K USD -43.8%
Accrued Liabilities, Current 624K USD -23.1%
Liabilities, Current 1.61M USD -26.2%
Operating Lease, Liability, Noncurrent 762K USD -22.9%
Other Liabilities, Noncurrent 0 USD
Liabilities 2.37M USD -25.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 87.7K USD
Retained Earnings (Accumulated Deficit) -32M USD -26.7%
Stockholders' Equity Attributable to Parent 10.9M USD +10.7%
Liabilities and Equity 13.3M USD +1.98%

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 564K USD +9.33%
Deferred Tax Assets, Valuation Allowance 9.3M USD +44.9%
Deferred Tax Assets, Gross 9.39M USD +44%
Operating Lease, Liability 1.09M USD -11.5%
Payments to Acquire Property, Plant, and Equipment 47.5K USD +3.71%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.07M USD +53.6%
Lessee, Operating Lease, Liability, to be Paid 1.2M USD -13.7%
Property, Plant and Equipment, Gross 2.53M USD +7.04%
Operating Lease, Liability, Current 327K USD +34.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 267K USD -10.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 361K USD +345%
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 109K USD -30.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 275K USD +1.97%
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 -24.6%
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