Reflect Scientific, Inc. financial data

Symbol
RSCF on OTC
Industry
Laboratory Apparatus & Furniture
Location
1270 S 1380 W, Orem, UT
State of incorporation
Utah
Fiscal year end
December 31
Former names
COLE INC (to 1/22/2004)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 485 % -52.9%
Quick Ratio 193 % -49.2%
Debt-to-equity 33.1 % +219%
Return On Assets -2.05 % +90.5%
Operating Margin -4.66 % +90.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 85.7M shares +0.53%
Common Stock, Shares, Outstanding 85.7M shares +0.53%
Entity Public Float 2.9M USD -32.6%
Common Stock, Value, Issued 857K USD +0.53%
Weighted Average Number of Shares Outstanding, Basic 85.7M shares +0.53%
Weighted Average Number of Shares Outstanding, Diluted 85.7M shares +0.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.73M USD +57.9%
Research and Development Expense 30.1K USD -27%
General and Administrative Expense 440K USD +13.7%
Operating Income (Loss) -80.8K USD +84.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -63.7K USD +87.8%
Income Tax Expense (Benefit) 312 USD
Net Income (Loss) Attributable to Parent -53.1K USD +89.9%
Earnings Per Share, Basic -0.01 USD/shares
Earnings Per Share, Diluted -0.01 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.1M USD
Accounts Receivable, after Allowance for Credit Loss, Current 111K USD +19.3%
Inventory, Net 836K USD -4.72%
Assets, Current 2.06M USD -14.1%
Operating Lease, Right-of-Use Asset 200K USD +700%
Goodwill 60K USD 0%
Other Assets, Noncurrent 3.1K USD
Assets 2.33M USD -6.58%
Contract with Customer, Liability, Current 61.3K USD -21.6%
Liabilities, Current 216K USD -57.6%
Operating Lease, Liability, Noncurrent 141K USD
Liabilities 357K USD -29.9%
Retained Earnings (Accumulated Deficit) -19.2M USD -0.28%
Stockholders' Equity Attributable to Parent 1.97M USD -0.6%
Liabilities and Equity 2.33M USD -6.58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -179K USD +2.37%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 85.7M shares +0.53%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.1M USD -21.7%
Deferred Tax Assets, Valuation Allowance 2.96M USD +4.39%
Operating Lease, Liability 214K USD +699%
Lessee, Operating Lease, Liability, to be Paid 245K USD
Operating Lease, Liability, Current 72.8K USD +172%
Lessee, Operating Lease, Liability, to be Paid, Year Two 102K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 98.5K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +95.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 30.8K USD
Deferred Tax Assets, Operating Loss Carryforwards 2.96M USD +3.27%
Preferred Stock, Shares Authorized 5M shares 0%
Additional Paid in Capital 20.3M USD +0.18%
Amortization of Intangible Assets 17.6K USD +21.3%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%