Is American Defense Systems, Inc. (ADFS) a Buy, Sell, or Hold?
OTC : ADFS
American Defense Systems, Inc. — Financials
$0.0001 USD
$0 (0.0%)
- Volume
- 1.7K
- Average Volume
- 266
- Market Capitalization
- $9.34K
- P/E Ratio
- 0.00
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.00
- Year Low
- $0.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.74
ADFS Financial Statements
| date | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|
| revenue | 8.7M | 39.52M | 45.89M | 35.59M | 36.47M | 25.25M |
| costOfRevenue | 5.33M | 27.37M | 33.93M | 24.7M | 22.43M | 17.52M |
| grossProfit | 3.37M | 12.15M | 11.96M | 10.89M | 14.05M | 7.74M |
| researchAndDevelopmentExpenses | 197.74K | 744.64K | 412.28K | 788.1K | 612.55K | 121.21K |
| generalAndAdministrativeExpenses | 5.18M | 12.6M | 14.4M | 10.61M | 7.15M | 4.16M |
| sellingAndMarketingExpenses | 400.49K | 1.9M | 2.66M | 2.72M | 1.98M | 566.42K |
| sellingGeneralAndAdministrativeExpenses | 5.58M | 14.5M | 17.06M | 13.33M | 9.13M | 4.73M |
| otherExpenses | - | - | - | - | - | - |
| operatingExpenses | 6.39M | 16.65M | 19.09M | 14.96M | 10.6M | 5.26M |
| costAndExpenses | 11.72M | 44.02M | 53.02M | 39.66M | 33.03M | 22.78M |
| netInterestIncome | -236.37K | -3.4M | -4.67M | -2.21M | 62844 | 101.47K |
| interestIncome | - | - | - | 117.31K | 101.96K | 118.03K |
| interestExpense | 236.37K | 3.4M | 4.88M | 889.08K | 39111 | 16561 |
| depreciationAndAmortization | 716.72K | 1.4M | 1.09M | 842.53K | 392.12K | 230.05K |
| ebitda | 7.54M | -3.91M | -9M | -186.95K | 3.93M | 2.82M |
| ebit | 7.06M | -4.77M | -10.29M | -1.03M | 3.53M | 2.59M |
| nonOperatingIncomeExcludingInterest | -10.37M | 267.25K | 3.1M | -4.48M | -50297 | -118.03K |
| operatingIncome | -3.3M | -4.5M | -7.19M | -4.07M | 3.44M | 2.48M |
| totalOtherIncomeExpensesNet | 10.13M | -3.66M | -7.77M | 2.15M | 23908 | 101.47K |
| incomeBeforeTax | 6.83M | -8.98M | -14.96M | -485.05K | 3.5M | 2.58M |
| incomeTaxExpense | - | 3.8M | 752.97K | -996K | 362.48K | -534.31K |
| netIncomeFromContinuingOperations | 6.83M | -8.17M | -15.71M | -2.36M | 3.13M | 3.11M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | 2.54M | -1.22M | -575K | -2.15M | 12722 | - |
| netIncome | 9.37M | -9.38M | -16.29M | -1.64M | 3.14M | 3.11M |
| netIncomeDeductions | - | - | - | -3M | - | - |
| bottomLineNetIncome | 9.37M | -9.38M | -16.29M | -2.59M | 3.14M | 3.11M |
| eps | 0.17 | -0.19 | -0.38 | -0.04 | 0.08 | 0.08 |
| date | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 132.28K | 428.16K | 407.14K | 811.95K | 1.48M | 4.95M |
| shortTermInvestments | - | - | - | - | - | - |
| cashAndShortTermInvestments | 132.28K | 428.16K | 407.14K | 811.95K | 1.48M | 4.95M |
| netReceivables | 997.79K | 1.22M | 2.6M | 4.98M | 6.71M | 4.28M |
| accountsReceivables | 891.03K | 1.04M | 2.29M | 4.98M | 6.71M | 4.28M |
| otherReceivables | 106.75K | 186.1K | 308.62K | - | - | - |
| inventory | 173.96K | 246.84K | 1.35M | 621.05K | 737.46K | 354.43K |
| prepaids | 101.19K | 395.84K | 330.38K | 2.09M | 1.86M | 368.52K |
| otherCurrentAssets | 1.25M | 3.39M | 6.41M | 7.88M | 9.15M | 2.29M |
| totalCurrentAssets | 2.48M | 5.25M | 11.31M | 16.7M | 20.54M | 12.25M |
| propertyPlantEquipmentNet | 463.45K | 1.98M | 3.08M | 3.74M | 1.19M | 699.16K |
| goodwill | - | 812.5K | 450K | 450K | 1.68M | - |
| intangibleAssets | - | 634.45K | 606K | - | - | - |
| goodwillAndIntangibleAssets | - | 1.45M | 1.06M | 450K | 1.68M | - |
| longTermInvestments | - | - | - | 159.56K | - | - |
| taxAssets | 1896 | - | - | 1.17M | - | - |
| otherNonCurrentAssets | 166.91K | 1.09M | 2.09M | 2.94M | 138K | 98000 |
| totalNonCurrentAssets | 632.26K | 4.52M | 6.22M | 8.46M | 3.01M | 797.16K |
| otherAssets | - | - | - | - | - | - |
| totalAssets | 3.11M | 9.77M | 17.53M | 25.16M | 23.55M | 13.05M |
| totalPayables | 3.06M | 3.18M | 6.74M | 2.48M | 5.36M | 3.43M |
| accountPayables | 3.06M | 3.18M | 6.7M | 2.48M | 5.36M | 3.43M |
| otherPayables | - | - | 97146 | - | - | - |
| accruedExpenses | 288.29K | 444.01K | 498.8K | 755.62K | 804.49K | 579.26K |
| shortTermDebt | - | - | 48573 | 76832 | 49950 | 21838 |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - |
| otherCurrentLiabilities | 1896 | 15.7M | -13160 | - | 4.01M | - |
| totalCurrentLiabilities | 3.35M | 19.32M | 7.28M | 3.31M | 10.23M | 4.03M |
| longTermDebt | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | 211.96K | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | 1928 | 521 | - | - | - |
| otherNonCurrentLiabilities | - | - | 12.43M | - | - | 8008 |
| totalNonCurrentLiabilities | - | 213.89K | 12.43M | 11.81M | 27670 | 8008 |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - |
| totalLiabilities | 3.35M | 19.53M | 19.71M | 15.12M | 10.26M | 4.04M |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 54987 | 54341 | 46611 | 39586 | 48403 | 48313 |
| retainedEarnings | -16.96M | -26.32M | -16.94M | 466.72K | 2.98M | -156K |
| additionalPaidInCapital | 16.67M | 16.51M | 14.71M | 11.1M | 10.27M | 9.11M |
| date | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|
| netIncome | 9.37M | -9.38M | -16.29M | -1.64M | 3.14M | 3.11M |
| depreciationAndAmortization | 716.72K | 1.4M | 1.09M | 842.53K | 392.12K | 230.05K |
| deferredIncomeTax | -14.96M | 1.89M | 1.17M | 422.9K | 136 | - |
| stockBasedCompensation | 159.13K | 248.14K | 261.36K | 84247 | 6800 | - |
| changeInWorkingCapital | 654.17K | 3.13M | 9.35M | -4.49M | -6.33M | -2.34M |
| accountsReceivables | -432.88K | -738.98K | 2.27M | 1.29M | -2.43M | -3M |
| inventory | - | - | -731.82K | -184.67K | -383.03K | 10941 |
| accountsPayables | - | - | 4.26M | -4.44M | -299.46K | 2.44M |
| otherWorkingCapital | 1.09M | 3.87M | 7.09M | -5.6M | -3.52M | 646.01K |
| otherNonCashItems | -12.6M | 5.39M | 5.67M | -3.5M | 645.14K | 215.95K |
| netCashProvidedByOperatingActivities | -1.7M | 780.75K | 1.24M | -8.7M | -2.15M | 1.21M |
| investmentsInPropertyPlantAndEquipment | -7256 | -304.02K | -420.12K | -3.46M | -887.72K | -500.18K |
| acquisitionsNet | 1M | - | -21559 | -400K | - | - |
| purchasesOfInvestments | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | 436.7K | - | 43118 | - | -485.8K | - |
| netCashProvidedByInvestingActivities | 1.43M | -304.02K | -398.56K | -3.86M | -1.37M | -500.18K |
| netDebtIssuance | - | - | -76832 | 20538 | 49950 | 29846 |
| longTermNetDebtIssuance | - | - | -76832 | - | - | - |
| shortTermNetDebtIssuance | - | -48573 | - | 20538 | 49950 | 29846 |
| netStockIssuance | - | - | - | 15.1M | - | 1.74M |
| netCommonStockIssuance | - | - | - | 99254 | - | 1.74M |
| commonStockIssuance | - | - | - | 99254 | - | 1.74M |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | 15M | - | - |
| netDividendsPaid | - | - | - | -1.08M | - | - |
| commonDividendsPaid | - | - | - | -1.08M | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | - | -48573 | -1.14M | -330.54K | - | - |
| netCashProvidedByFinancingActivities | - | -48573 | -1.22M | 11.61M | 49950 | 1.77M |
| date | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 1.6M | 1.73M | 1.89M | 1.71M | 2.62M | 1.84M | 2.54M | 3.91M | 8.73M | 11.44M |
| costOfRevenue | 907.92K | 789.17K | 1.29M | 1.19M | 1.62M | 1.13M | 1.39M | 3.13M | 4.65M | 9.61M |
| grossProfit | 693.11K | 945.68K | 598.3K | 517.79K | 996.38K | 709.38K | 1.15M | 779.47K | 4.07M | 1.83M |
| researchAndDevelopmentExpenses | 16910 | 17135 | 19731 | -9072 | 22800 | 68857 | 115.16K | 196.18K | 274.75K | 152K |
| generalAndAdministrativeExpenses | 655.3K | 883.58K | 849.3K | -408.52K | 2.14M | 1.68M | 1.86M | 3.19M | 2.53M | 3.36M |
| sellingAndMarketingExpenses | 39347 | 31421 | 41113 | 57129 | 70443 | 104.31K | 171.4K | 329.99K | 431.14K | 571.8K |
| sellingGeneralAndAdministrativeExpenses | 694.65K | 915.01K | 890.42K | -351.39K | 2.21M | 1.79M | 2.03M | 3.52M | 2.97M | 3.93M |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 760.68K | 989.79K | 983.29K | -273.18K | 2.33M | 2.07M | 2.42M | 4.25M | 3.53M | 4.37M |
| costAndExpenses | 1.67M | 1.78M | 2.27M | 917.85K | 3.95M | 3.2M | 3.8M | 7.38M | 8.18M | 13.99M |
| netInterestIncome | - | - | - | 36201 | - | -255 | -236.12K | -417.2K | -901.55K | -977.84K |
| interestIncome | - | - | - | 36201 | - | - | - | - | - | - |
| interestExpense | - | - | - | - | 4995 | 11249 | 256.33K | 417.2K | 901.55K | 977.84K |
| depreciationAndAmortization | 49124 | 57650 | 73144 | 88591 | 98198 | 260.18K | 269.75K | 533.09K | 290.87K | 290.42K |
| ebitda | -18451 | 13536 | -311.84K | 879.57K | -1.45M | -1.1M | -999.09K | -2.93M | 937.02K | -1.87M |
| ebit | -76687 | -103.64K | -395.27K | 668.96K | -1.54M | -1.42M | 9.29M | -3.65M | 646.15K | -2.16M |
| nonOperatingIncomeExcludingInterest | 9112 | 59526 | 10280 | 44518 | 4538 | 50852 | -10.43M | 186.04K | -105.2K | -381.5K |
| operatingIncome | -67575 | -44114 | -384.99K | 713.48K | -1.54M | -1.36M | -1.27M | -3.47M | 540.95K | -2.55M |
| totalOtherIncomeExpensesNet | -9112 | -59526 | -10280 | -8317 | -4538 | -39199 | 10.19M | -603.23K | -796.35K | -596.34K |
| incomeBeforeTax | -76687 | -103.64K | -395.27K | 705.16K | -1.54M | -1.41M | 8.92M | -4.07M | -395.27K | -3.72M |
| incomeTaxExpense | - | - | - | - | - | 373.82K | -2.78M | - | 901.55K | 750.93K |
| netIncomeFromContinuingOperations | -76687 | -103.64K | -395.27K | 705.16K | -1.54M | -1.42M | 9.06M | -4.07M | -255.4K | -3.14M |
| netIncomeFromDiscontinuedOperations | - | -26669 | - | 28882 | -14270 | -350.67K | 2.91M | - | -139.87K | -574.41K |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | -400K | - | - |
| netIncome | -76687 | -130.31K | -395.27K | 734.04K | -1.56M | -1.77M | 11.96M | -4.47M | -395.27K | -3.72M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -76687 | -130.31K | -395.27K | 734.04K | -1.56M | -1.77M | 11.96M | -4.47M | -395.27K | -3.72M |
| eps | -0.0 | -0.0 | -0.01 | 0.01 | -0.03 | -0.03 | 0.22 | -0.09 | -0.01 | -0.08 |
| date | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 150.74K | 138.46K | 55866 | 132.28K | 100.52K | 133.04K | 745.69K | 428.16K | 2.01M | 16330 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 150.74K | 138.46K | 55866 | 132.28K | 100.52K | 133.04K | 745.69K | 428.16K | 2.01M | 16330 |
| netReceivables | 1.06M | 1.54M | 1.36M | 997.79K | 1.19M | 983.59K | 1.17M | 1.22M | 2.83M | 6.09M |
| accountsReceivables | 305.27K | 656.73K | 463.17K | 896.14K | 1.09M | 881.95K | 1.07M | 1.12M | 2.5M | 5.98M |
| otherReceivables | 753.98K | 786.46K | 792.87K | - | - | - | - | - | - | - |
| inventory | - | - | - | 173.96K | 140.84K | 133.06K | 287.26K | 246.84K | 369.35K | 618.2K |
| prepaids | 114.14K | 84063 | 58610 | 101.19K | 127.74K | 108.51K | 285.33K | 395.84K | 369.35K | 618.2K |
| otherCurrentAssets | - | - | 72774 | 1.25M | 1.45M | 1.68M | 1.5M | 3.39M | 2.94M | 4.41M |
| totalCurrentAssets | 1.32M | 1.77M | 1.54M | 2.48M | 2.87M | 2.9M | 3.7M | 5.25M | 8.15M | 11.13M |
| propertyPlantEquipmentNet | 283.61K | 332.74K | 390.39K | 463.45K | 697.17K | 998.91K | 1.29M | 1.98M | 2.44M | 2.66M |
| goodwill | - | - | - | - | - | - | - | 812.5K | 812.5K | 602.5K |
| intangibleAssets | - | - | - | - | - | - | - | 634.45K | 634.45K | 634.45K |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | 1.45M | 1.45M | 1.24M |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | 1896 | 1896 | 1896 | 1896 | - | - | - | - | - | - |
| otherNonCurrentAssets | 151.02K | 151.02K | 166.91K | 166.91K | 318.27K | 326.15K | 604.14K | 1.09M | 1.69M | 1.74M |
| totalNonCurrentAssets | 436.53K | 485.65K | 559.2K | 632.26K | 1.02M | 1.33M | 1.89M | 4.52M | 5.57M | 5.64M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 1.76M | 2.25M | 2.1M | 3.11M | 3.88M | 4.23M | 5.59M | 9.77M | 13.73M | 16.77M |
| totalPayables | 2.44M | 2.75M | 2.51M | 3.06M | 3.22M | 3.26M | 3.01M | 3.18M | 4.83M | 6.94M |
| accountPayables | 2.44M | 2.75M | 2.51M | 3.06M | 3.22M | 3.26M | 3.01M | 3.18M | 4.83M | 6.94M |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | 118.22K | 226.4K | 200.13K | 288.29K | 187K | 216.82K | 115.73K | 444.01K | 426.29K | 699.93K |
| shortTermDebt | - | - | - | - | - | - | - | - | - | 967.46K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | 699.93K |
| otherCurrentLiabilities | 1896 | 1896 | 1896 | 1896 | 98 | 2514 | 5697 | 15.7M | 9915 | 25838 |
| totalCurrentLiabilities | 2.56M | 2.98M | 2.71M | 3.35M | 3.41M | 3.48M | 3.13M | 19.32M | 5.27M | 8.64M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | 239.65K | 225.81K | 211.96K | 198.24K | 176.58K |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | 1928 | 1928 | 1928 | 1928 | - | - |
| otherNonCurrentLiabilities | - | - | - | - | 1.48M | - | - | - | 13.97M | 13.72M |
| totalNonCurrentLiabilities | - | - | - | - | 1.48M | 241.58K | 227.74K | 213.89K | 14.16M | 13.89M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 2.56M | 2.98M | 2.71M | 3.35M | 4.9M | 3.72M | 3.36M | 19.53M | 19.44M | 22.53M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 55087 | 55087 | 55087 | 54987 | 54612 | 54512 | 54341 | 54341 | 51971 | 49357 |
| retainedEarnings | -17.56M | -17.48M | -17.35M | -16.96M | -17.69M | -16.13M | -14.36M | -26.32M | -21.85M | -21.48M |
| additionalPaidInCapital | 16.71M | 16.7M | 16.69M | 16.67M | 16.62M | 16.58M | 16.54M | 16.51M | 16.09M | 15.67M |
| date | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -76687 | -130.31K | -395.27K | 734.04K | -1.56M | -1.77M | 11.96M | -4.47M | -369.98K | -3.72M |
| depreciationAndAmortization | 49124 | 57650 | 73144 | 88591 | 98198 | 260.18K | 269.75K | 533.09K | 290.87K | 290.42K |
| deferredIncomeTax | 48246 | - | - | 90700 | 111.85K | 350.26K | -15.52M | 310.99K | 432.99K | 503.49K |
| stockBasedCompensation | 3644 | 11443 | 25777 | 43816 | 40203 | 41828 | 33279 | 45019 | 42807 | 42304 |
| changeInWorkingCapital | -42045 | 5139 | 219.93K | 385.75K | 89402 | 417.23K | -238.21K | 1.02M | 1.21M | 2.3M |
| accountsReceivables | 303.22K | -193.56K | 432.98K | 183.06K | -117.12K | 106.83K | -605.65K | -862.75K | 3.71M | -1.4M |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | -345.26K | 198.7K | -213.05K | 202.69K | 206.52K | 310.4K | 367.44K | 1.88M | -2.5M | 3.7M |
| otherNonCashItems | 78246 | 76669 | - | -1.23M | 1.29M | 451.16K | -13.11M | 1.41M | 889.32K | 1.12M |
| netCashProvidedByOperatingActivities | 12282 | 20592 | -76419 | 24770 | -43974 | -600.22K | -1.08M | -1.46M | 2.06M | 36435 |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | -983 | -6273 | -76551 | -68688 | -108.08K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | - | - | - | - | 1.43M | - | - | - |
| netCashProvidedByInvestingActivities | - | 62000 | - | 7000 | - | -983 | 1.42M | -76551 | -68688 | -108.08K |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | - | - | - | -48573 | -967.46K | 894.6K |
| netCashProvidedByFinancingActivities | - | - | - | - | - | - | - | -48573 | - | - |