TALON INTERNATIONAL, INC.
CIK:0001047881|SEC Filings
Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2017 |
Sep. 30, 2016 |
Sep. 30, 2017 |
Sep. 30, 2016 |
|
| Net sales | $ 9,788,577 | $ 10,856,283 | $ 33,791,858 | $ 36,575,804 |
| Cost of goods sold | 6,320,098 | 7,055,176 | 21,465,241 | 23,158,892 |
| Gross profit | 3,468,479 | 3,801,107 | 12,326,617 | 13,416,912 |
| Sales and marketing expenses | 1,475,507 | 1,706,173 | 4,564,931 | 4,969,179 |
| General and administrative expenses | 1,893,938 | 1,866,292 | 6,362,205 | 6,180,658 |
| Total operating expenses | 3,369,445 | 3,572,465 | 10,927,136 | 11,149,837 |
| Income from operations | 99,034 | 228,642 | 1,399,481 | 2,267,075 |
| Interest expense, net | 157,797 | 157,244 | 468,465 | 463,652 |
| Income (loss) before income taxes | (58,763) | 71,398 | 931,016 | 1,803,423 |
| Provision for income taxes | 19,605 | 50,703 | 399,643 | 775,913 |
| Net income (loss) | $ (78,368) | $ 20,695 | $ 531,373 | $ 1,027,510 |
| Basic and diluted net income (loss) per share (in dollars per share) | $ 0 | $ 0 | $ 0.01 | $ 0.01 |
| Weighted average number of common shares outstanding - Basic (in shares) | 92,338,283 | 92,274,255 | 92,305,917 | 92,271,066 |
| Weighted average number of common shares outstanding - Diluted (in shares) | 92,338,283 | 93,220,191 | 92,661,225 | 93,405,895 |
| Net income | $ (78,368) | $ 20,695 | $ 531,373 | $ 1,027,510 |
| Other comprehensive income (loss) from foreign currency translation | 3,344 | (2,276) | 9,062 | (13,750) |
| Total comprehensive income (loss) | $ (75,024) | $ 18,419 | $ 540,435 | $ 1,013,760 |