Technical Communications Corp financial data

Symbol
TCCO on OTC
Industry
Radio & Tv Broadcasting & Communications Equipment
Location
100 Domino Dr, Concord, MA
State of incorporation
MA
Fiscal year end
September 24
Latest financial report
10-Q - Q2 2023 - Aug 8, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 52.9 % -27.9%
Quick Ratio 34.3 % -32.9%
Debt-to-equity -160 % +63.8%
Return On Equity 77 % -77%
Return On Assets -128 % -30.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.85M shares 0%
Common Stock, Shares, Outstanding 1.85M shares 0%
Entity Public Float 2.26M USD -33%
Common Stock, Value, Issued 185K USD 0%
Weighted Average Number of Shares Outstanding, Basic 1.85M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 1.85M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 859K USD +59%
Operating Income (Loss) -2.58M USD -13%
Nonoperating Income (Expense) 285K USD -70.7%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -2.3M USD -20.5%
Earnings Per Share, Basic -1.25 USD/shares -22.5%
Earnings Per Share, Diluted -1.25 USD/shares -22.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.2K USD +22.8%
Accounts Receivable, after Allowance for Credit Loss, Current 13.8K USD -37.8%
Inventory, Net 1.24M USD +13.5%
Other Assets, Current 233K USD +20%
Assets, Current 1.53M USD +13.8%
Property, Plant and Equipment, Net 7.56K USD +790%
Operating Lease, Right-of-Use Asset 126K USD -56.3%
Assets 1.67M USD +1.86%
Accounts Payable, Current 598K USD +309%
Employee-related Liabilities, Current 167K USD -15.7%
Liabilities, Current 2.31M USD -22%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 5.51M USD +70.6%
Retained Earnings (Accumulated Deficit) -8.43M USD -37.5%
Stockholders' Equity Attributable to Parent -3.85M USD -141%
Liabilities and Equity 1.67M USD +1.86%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -673K USD -72.2%
Net Cash Provided by (Used in) Financing Activities 725K USD +383%
Common Stock, Shares Authorized 7M shares 0%
Common Stock, Shares, Issued 1.85M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 52K USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.73K USD -97.7%
Deferred Tax Assets, Valuation Allowance 5.19M USD +13.9%
Deferred Tax Assets, Gross 5.19M USD +13.9%
Operating Lease, Liability 126K USD -39.4%
Lessee, Operating Lease, Liability, to be Paid 128K USD -40%
Property, Plant and Equipment, Gross 4.56M USD +0.29%
Operating Lease, Liability, Current 126K USD -22.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 42.7K USD -50%
Lessee, Operating Lease, Liability, to be Paid, Year One 85.3K USD -33.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.98K USD -62.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 85.3K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 3.41M USD +22.2%
Unrecognized Tax Benefits 0 USD
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 46.3K USD -8.63%
Interest Expense 65.4K USD +78.9%