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SYEV Daily Chart... MACD and RSI both had bullish crossovers
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Followers
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38
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Posters
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Posts (Today)
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0
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Posts (Total)
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1555
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Created
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02/01/06
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Type
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Free
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| Moderators | |||
| For the Years Ended | ||||||||
| February 28, | February 29, | |||||||
| 2013 | 2012 | |||||||
| SALES | $ | 4,847,147 | $ | 5,142,260 | ||||
| COST OF SALES | 2,502,365 | 2,651,007 | ||||||
| GROSS PROFIT | 2,344,782 | 2,491,253 | ||||||
| OPERATING EXPENSES | ||||||||
| Selling, general and administrative expenses | 1,813,836 | 1,998,244 | ||||||
| Depreciation and amortization | 50,053 | 42,898 | ||||||
| Total operating expenses | 1,863,889 | 2,041,142 | ||||||
| INCOME FROM OPERATIONS | 480,893 | 450,111 | ||||||
| OTHER INCOME (EXPENSES) | ||||||||
| Interest income | 945 | 1,221 | ||||||
| Interest expense | (1,956 | ) | (1,649 | ) | ||||
| Other | 11,221 | (12,284 | ) | |||||
| Total other income (expenses) | 10,210 | (12,712 | ) | |||||
| INCOME BEFORE INCOME TAX BENEFIT (EXPENSE) | 491,103 | 437,399 | ||||||
| Income tax benefit (expense) | 144,780 | (239,413 | ) | |||||
| NET INCOME | $ | 635,883 | $ | 197,986 | ||||
| NET INCOME PER SHARE | ||||||||
| Basic | $ | 0.02 | $ | 0.01 | ||||
| Diluted | $ | 0.02 | $ | 0.01 | ||||
| WEIGHTED AVERAGE NUMBER OF | ||||||||
| SHARES OUTSTANDING | ||||||||
| Basic | 25,808,928 | 25,932,373 | ||||||
| Diluted | 26,621,500 | 26,000,358 | ||||||
| ASSETS | ||||||||
| February 28, 2013 | February 29, 2012 | |||||||
| CURRENT ASSETS | ||||||||
| Cash and cash equivalents | $ | 2,234,545 | $ | 1,148,995 | ||||
| Restricted cash | - | 146,081 | ||||||
| Accounts receivable, net of allowance for doubtful accounts and sales returns of $114,591 and $78,885, respectively | 641,635 | 61,782 | ||||||
| Inventory, net | 464,998 | 964,580 | ||||||
| Deferred tax assets | 463,942 | 120,242 | ||||||
| Prepaid expenses, deposits and other current assets | 125,080 | 179,347 | ||||||
| Total current assets | 3,930,200 | 2,621,027 | ||||||
| PROPERTY AND EQUIPMENT, NET | 179,876 | 171,304 | ||||||
| OTHER ASSETS | ||||||||
| Intangible assets, net | 4,995 | 5,799 | ||||||
| Deferred tax assets | 257,392 | 406,039 | ||||||
| Other assets | 8,514 | 8,514 | ||||||
| TOTAL ASSETS | $ | 4,380,977 | $ | 3,212,683 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| CURRENT LIABILITIES | ||||||||
| Accounts payable and accrued expenses | $ | 157,253 | $ | 158,758 | ||||
| Customer deposits | 371,327 | 197,696 | ||||||
| Notes payable and capital lease obligation | 4,581 | 4,331 | ||||||
| Total current liabilities | 533,161 | 360,785 | ||||||
| LONG-TERM LIABILITIES | ||||||||
| | ||||||||
| Capital lease obligation | 14,010 | 18,591 | ||||||
| Total long-term liabilities | 14,010 | 18,591 | ||||||
| Total liabilities | 547,171 | 379,376 | ||||||
| Commitments and contingencies (Note 10) | ||||||||
| STOCKHOLDERS' EQUITY | ||||||||
| Preferred stock, 6,000,000 shares authorized, | ||||||||
| none issued or outstanding | - | - | ||||||
| Common stock $0.001 par value, 50,000,000 shares | ||||||||
| authorized, 25,833,646 and 25,800,146 shares | ||||||||
| issued and outstanding, respectively | 25,834 | 25,800 | ||||||
| Additional paid-in capital | 7,715,232 | 7,350,650 | ||||||
| Accumulated deficit | (3,907,260 | ) | (4,543,143 | ) | ||||
| Total Stockholders' Equity | 3,833,806 | 2,833,307 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ | 4,380,977 | $ | 3,212,683 | ||||
| For the Three Months Ended | ||||||||
| May 31, | ||||||||
| 2013 | 2012 | |||||||
| Sales | $ | 1,566,057 | $ | 898,009 | ||||
| Cost of sales | 773,314 | 588,205 | ||||||
| Gross profit | 792,743 | 309,804 | ||||||
| Operating Expenses | ||||||||
| Selling, General, and Administrative Expenses | 496,839 | 467,574 | ||||||
| Depreciation and Amortization | 13,255 | 11,368 | ||||||
| Total operating expenses | 510,094 | 478,942 | ||||||
| Income (Loss) from Operations | 282,649 | (169,138 | ) | |||||
| Other Income (Expense): | ||||||||
| Interest income | 223 | 318 | ||||||
| Interest expense | (300 | ) | (423 | ) | ||||
| Other income | 53,531 | 515 | ||||||
| Total other income | 53,454 | 410 | ||||||
| Income (loss) before provision for income taxes | 336,103 | (168,728 | ) | |||||
| Income tax benefit (expense) | (135,789 | ) | 71,287 | |||||
| Net Income (Loss) | $ | 200,314 | $ | (97,441 | ) | |||
| BASIC INCOME (LOSS) PER SHARE | $ | 0.01 | $ | (0.00 | ) | |||
| DILUTED INCOME (LOSS) PER SHARE | $ | 0.01 | $ | (0.00 | ) | |||
| BASIC WEIGHTED AVERAGE NUMBER OF | ||||||||
| SHARES OUTSTANDING | 25,833,646 | 25,800,146 | ||||||
| DILUTED WEIGHTED AVERAGE NUMBER OF | ||||||||
| SHARES OUTSTANDING | 25,833,646 | 25,800,146 | ||||||
