Docoh
Loading...

BDR Blonder Tongue Laboratories

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
CEO
Edward R. Grauch
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
521611421

BDR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

13 May 21
27 Jul 21
31 Dec 21
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

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 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

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
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
New words: accredited, affiliated, arisen, ARPA, attempt, beneficial, CAA, call, care, choice, claim, consideration, consummation, Covenant, deducting, earlier, EBITDA, ERTC, escrow, event, exacerbated, feature, foregoing, forthcoming, fundamental, holder, inference, interpretation, IRS, issuance, lessen, LSA, manner, maximum, medium, negotiate, negotiated, occurrence, Ohio, optimistic, permanent, placement, prejudice, prepaid, professional, refunded, resale, Rescue, resolution, resolved, Retention, retroactive, roll, sentence, sized, SMB, Social, successor, surviving, transaction, underlying, utilizing, waiving, Warrant
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