BDR Blonder Tongue Laboratories Dashboard

Blonder Tongue Laboratories, Inc. operates as a technology development and manufacturing company, which engages in delivering television signal encoding, transcoding, digital transport, and broadband product solutions for applications. It also offers system operators and integrators serving the cable, broadcast, satellite, institutional, and professional video markets with solutions for the provision of content contribution, distribution, and video delivery to homes and businesses. The company was founded by Ben H. Tongue and Isaac S. Blonder in 1950 and is headquartered in Old Bridge, NJ.

Company profile

Ticker

BDR

Exchange

AMEX

Website

www.blondertongue.com

CEO

Edward R. Grauch

Incorporated

Delaware

Location

New Jersey

Fiscal year end

Dec 31

Sector

Electronic Technology > Telecommunications Equipment

Industry (SIC)

Radio & TV Broadcasting & Communications Equipment

Qualcomm • Motorola Solutions • Maxar • Loral Space & Communications • Viasat • CommScope Holding • Comtech Telecommunications • Harmonic • Casa Systems • Sierra Wireless ...

SEC CIK

0001000683

Corporate docs

Articles of Incorporation & Bylaws

IRS number

521611421

BDR stock data

S&P 500

1M 1Y 2Y 5Y

News

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7 Jul 21

Blonder Tongue Announces Forgiveness Of CARES Act PPP Loan

6 Jul 21

Press releases

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Blonder Tongue Announces Forgiveness of CARES Act PPP Loan

6 Jul 21

OLD BRIDGE, NJ / ACCESSWIRE / July 6, 2021 / Blonder Tongue Laboratories, Inc. (NYSE American:BDR) announced today that it has received forgiveness of $1,768,762 of loan proceeds ("PPP Loan") previously

Blonder Tongue Laboratories, Inc. to Host Earnings Call

13 May 21

NEW YORK, NY / ACCESSWIRE / May 13, 2021 / Blonder Tongue Laboratories, Inc. (NYSE:BDR) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 13, 2021 at 11:00 AM Eastern

Blonder Tongue Announces First Quarter 2021 Results

13 May 21

OLD BRIDGE, NJ / ACCESSWIRE / May 13, 2021 / Blonder Tongue Laboratories, Inc. (NYSE American:BDR) announced its sales and results for the first quarter ended March 31, 2021.Blonder Tongue Laboratories, Inc. net sales

Blonder Tongue Schedules Conference Call to Discuss First Quarter 2021 Earnings Results

4 May 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

13 May 21

27 Jul 21

31 Dec 21

Financial summary

Financial statements Chart BDR financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	56K	56K	56K	56K	56K	56K
Cash burn (monthly)	4.33K	1.92K	287.67K	520.17K	(positive/no burn)	178K
Cash used (since last report)	16.83K	7.45K	1.12M	2.02M	n/a	691.44K
Cash remaining	39.17K	48.55K	-1.06M	-1.96M	n/a	-635.44K
Runway (months of cash)	9.0	25.3	-3.7	-3.8	n/a	-3.6

Beta Read what these cash burn values mean

Recent insider trades

BDR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Jul 21	Horvath Allen	Common Stock, par value $0.001	Grant	Aquire A	No	No	1.33	578	768.74	95,163
16 Jul 21	Grauch Edward Rowland	Common Stock, par value $0.001	Grant	Aquire A	No	No	1.33	2,169	2.88K	338,788
16 Jul 21	Skolnik Eric S	Common Stock, par value $0.001	Grant	Aquire A	No	No	1.33	651	865.83	19,342
16 Jul 21	Alterio Ronald Vincent	Common Stock, par value $0.001	Grant	Aquire A	No	No	1.33	723	961.59	43,405
9 Jul 21	Burke John E	Common Stock, par value $0.001	Grant	Aquire A	No	No	1.37	684	937.08	1,344

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

BDR institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

8.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	9	1	+800.0%
Opened positions	8	1	+700.0%
Closed positions	0	8	EXIT
Increased positions	0	0
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	1.58M	1.81M	-12.8%
Total shares	1.03M	1.25M	-17.4%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Cavalry Fund I	578.5K	$914K	-53.7%
Tufton Capital Management	188.94K	$277K	NEW
Citadel Advisors	87.9K	$129K	NEW
Renaissance Technologies	81.36K	$120K	NEW
Bridgeway Capital Management	40K	$59K	NEW
Two Sigma Advisers	20K	$29K	NEW
Axiom Investment Management	20K	$29K	NEW
Vanguard	16.4K	$24K	NEW
WFC Wells Fargo & Co.	27	$0	NEW
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
Cavalry Fund I	578.5K	-671.51K	-53.7%
Tufton Capital Management	188.94K	+188.94K	NEW
Citadel Advisors	87.9K	+87.9K	NEW
Renaissance Technologies	81.36K	+81.36K	NEW
Bridgeway Capital Management	40K	+40K	NEW
Two Sigma Advisers	20K	+20K	NEW
Axiom Investment Management	20K	+20K	NEW
Vanguard	16.4K	+16.4K	NEW
WFC Wells Fargo & Co.	27	+27	NEW
Proequities	0	0

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net Sales. Net sales decreased $799,000, or 19.7%, to $3,251,000 in the first three months of 2021 from $4,050,000 in the first three months of 2020. The decrease is primarily attributable to a decrease in sales of DOCSIS data products, digital video headend products and HFC distribution products, offset by an increase in sales of transcoder products and NXG products. Sales of DOCSIS data products were $28,000 and $871,000, digital video headend products were $543,000 and $1,057,000, HFC distribution products were $427,000 and $688,000, transcoder products were $736,000 and $115,000 and NXG products were $421,000 and $196,000 in the first three months of 2021 and 2020, respectively.
Cost of Goods Sold. Cost of goods sold decreased to $1,866,000 for the first three months of 2021 from $3,497,000 for the first three months of 2020 and decreased as a percentage of sales to 57.4% from 86.4%. The decrease is primarily attributable to lower sales, higher margins relating to favorable product mix, as well as reduced overhead costs.
Selling Expenses. Selling expenses decreased to $531,000 for the first three months of 2021 from $728,000 in the first three months of 2020 and decreased as percentage of sales to 16.3% for the first three months of 2021 from 17.9% for the first three months of 2020. The $197,000 decrease was primarily the result of a decrease in salaries and fringe benefits due to a decrease in head count of $83,000, a decrease in advertising and trade shows of $47,000 and a decrease in travel and entertainment of $26,000.

Content analysis

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Readability	H.S. senior Avg

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Removed: abated, adjusted, allocation, alternative, amortized, applied, asset, bear, benchmark, building, collateral, collected, committed, delayed, department, deposit, depreciation, designated, dividend, dollar, drawn, execution, exemption, extend, favor, feet, furnishing, gain, geographical, goodwill, hypothetical, identified, iii, impairment, implement, implementing, inclusion, incurred, indebted, individual, inure, leaseback, leaving, lend, license, Lien, lifetime, met, mitigate, MKT, model, mortgage, move, mutual, occupancy, operate, outsourcing, overlap, pending, performed, preliminary, profitability, proposed, prospectively, record, recovered, reimbursement, released, relevant, relocate, relocated, relocation, remained, renewal, rental, replacement, Restated, resulting, Revolver, RJP, saving, shift, Space, square, Step, Sterling, sublease, subsidiary, sum, Supplemental, tenant, terminate, termination, test, thereof, thereunder, treasury, turnaround, underwriting, underwritten, undrawn, update, workforce

From filing 10-Q 2021 Q1