Loading...
Docoh

CSP (CSPI)

CSPInc. operates two divisions, each with unique expertise in designing and implementing technology solutions to help their customers use technology as a means to success. The High Performance Product division, including ARIA Cybersecurity Solutions, originated from supporting initiatives for the Department of Defense and Western intelligence agencies related to network monitoring, data protection, and intelligence initiatives. This focused mindset now results in foolproof data protection, enterprise wide. Our ARIA Software Defined Security solutions set provides enhanced network security, as well as accelerating incident response capabilities, while our Myricom nVoy Series appliances provide automated breach identification and notification, enabled by the 10G dropless packet capture inherent in our Myricom intelligent adapters. CSPi's Technology Solutions division helps clients achieve their business goals and accelerate time to market through innovative IT solutions and professional services by partnering with best-in-class technology providers. For organizations that want the benefits of an IT department without the cost, we offer a robust catalog of Managed IT Services providing 24×365 proactive support. Our team of engineers have expertise across major industries supporting five key technology areas: Advanced Security; Communication and Collaboration; Data Center; Networking; and Wireless & Mobility.

CSPI stock data

Calendar

11 May 22
26 Jun 22
30 Sep 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Sep 21 Sep 20 Sep 19 Sep 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 20.33M 20.33M 20.33M 20.33M 20.33M 20.33M
Cash burn (monthly) (no burn) 5.42K (no burn) 80.83K (no burn) (no burn)
Cash used (since last report) n/a 15.57K n/a 232.39K n/a n/a
Cash remaining n/a 20.32M n/a 20.1M n/a n/a
Runway (months of cash) n/a 3750.7 n/a 248.7 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.95 300 2.69K 508,480
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.9 500 4.45K 508,180
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.85 500 4.43K 507,680
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.75 300 2.63K 507,180
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.7 500 4.35K 506,880
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.6 600 5.16K 506,380
16 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.5 500 4.25K 505,780
15 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.9 500 4.45K 505,280
15 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.8 2 17.6 504,780
14 Jun 22 Nerges Joseph R Common Stock Buy Acquire P No No 8.8 13 114.4 504,778
24.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 17 15 +13.3%
Opened positions 2 1 +100.0%
Closed positions 0 1 EXIT
Increased positions 4 3 +33.3%
Reduced positions 3 3
13F shares Current Prev Q Change
Total value 9.68M 9.9M -2.2%
Total shares 1.1M 1.11M -0.8%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Visionary Wealth Advisors 270.63K $2.38M +3.9%
Dimensional Fund Advisors 264.06K $2.32M -5.5%
Renaissance Technologies 206.59K $1.82M -3.1%
Vanguard 195.7K $1.72M -0.1%
Bridgeway Capital Management 47.1K $414K 0.0%
Mercer Global Advisors 34.39K $302K 0.0%
Integrated Wealth Concepts 30.47K $268K 0.0%
Dakota Wealth Management 24.25K $213K 0.0%
BLK Blackrock 11.73K $103K +4.1%
Geode Capital Management 10.37K $91K 0.0%
Largest transactions Shares Bought/sold Change
Dimensional Fund Advisors 264.06K -15.38K -5.5%
Visionary Wealth Advisors 270.63K +10.2K +3.9%
Renaissance Technologies 206.59K -6.56K -3.1%
Tower Research Capital 1.14K +957 +523.0%
RY Royal Bank Of Canada 832 +832 NEW
UBS UBS Group AG - Registered Shares 957 +795 +490.7%
BLK Blackrock 11.73K +459 +4.1%
Vanguard 195.7K -179 -0.1%
BAC Bank Of America 52 +52 NEW
JPM JPMorgan Chase & Co. 2K 0 0.0%

Financial report summary

?
Competition
IntelXilinxDellCisco SystemsSilicomNokiaRadcomPC ConnectionPARETEUMDell
Management Discussion
  • Our sales decreased by approximately $1.1 million, or 4%, to $24.4 million for the six months ended March 31, 2022 as compared to $25.5 million for the six months ended March 31, 2021. The decrease in sales is the result of a decrease of $0.9 million in our TS segment and a decrease of $0.2 million in our HPP segment. Our gross margin percentage increased to 32% of sales for the six months ended March 31, 2022 as compared to 30% for the six months ended March 31, 2021. For the six months ended March 31, 2022 there was an operating loss of $0.4 million compared to an operating loss of $0.7 million for the six months ended March 31, 2021, primarily as a result of improved margins in the TS segment. Other income, (expense) net decreased $1.6 million for the six months ended to March 31, 2022 as compared to the six months ended March 31, 2021. The largest items contributing to this change are the forgiveness of the Payroll Protection Program loans in the prior year in the amount of $2.2 million causing a gain which did not occur in the current period, partially offset with a net increase in foreign exchange gain of $0.8 million from the prior year. The income tax expense of $17 thousand for the six months ended March 31, 2022 is primarily driven by minimum state tax expenses, as the Company continues to maintain a full valuation allowance on their operations. The income tax expense of $833 thousand for the six months ended March 31, 2021 was primarily driven by an increase in the valuation allowance against deferred tax assets in the period, offset by a benefit recorded for the change in tax law, allowing for the immediate deduction of covered expense incurred through the Paycheck Protection Program.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: announced, announcement, authorized, Board, chain, clarity, commencement, Commission, complying, conflict, consumer, country, demand, entitled, escalation, European, expiration, expire, expired, export, geopolitical, heighten, imposed, improved, individual, industry, inflationary, largest, legal, military, modified, negatively, overpayment, policy, rebate, recruiting, reversal, Rule, Russia, Sheet, size, suspended, terminated, Ukraine, Union
Removed: discount, weakened