10-Q Filing

COMMAND SECURITY CORP CIK: 864509 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-045375`
Period End Date	20130630
Filing Date	20130814
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	moc-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 35 Cash Flow Statement 53 Stockholders Equity 10

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$848.39K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$772.02K	USD	Point-in-time
Preferred stock, Series A, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Series A, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$587.97K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $848,394, and $772,022, respectively	`AccountsReceivableNet`	$30.49M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $848,394, and $772,022, respectively	`AccountsReceivableNet`	$28.46M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.08M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$894.43K	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$2.52M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$2.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.50M	USD	Point-in-time
Furniture and equipment at cost, net	`PropertyPlantAndEquipmentNet`	$669.53K	USD	Point-in-time
Furniture and equipment at cost, net	`PropertyPlantAndEquipmentNet`	$597.49K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.56M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetIncludingGoodwill`	$2.46M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$83.09K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$83.11K	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$2.61M	USD	Point-in-time
Other assets	`OtherAssetsMiscellaneousNoncurrent`	$2.61M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$5.26M	USD	Point-in-time
Total other assets	`AssetsNoncurrent`	$5.15M	USD	Point-in-time
Total assets	`Assets`	$38.33M	USD	Point-in-time
Total assets	`Assets`	$40.25M	USD	Point-in-time
Checks issued in advance of deposits	`BankOverdrafts`	$1.50M	USD	Point-in-time
Checks issued in advance of deposits	`BankOverdrafts`	$2.10M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$10.64M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$8.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.62M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.81M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.57M	USD	Point-in-time
Insurance reserves	`InsuranceReservesNoncurrent`	$604.19K	USD	Point-in-time
Insurance reserves	`InsuranceReservesNoncurrent`	$604.21K	USD	Point-in-time
Total liabilities	`Liabilities`	$21.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$23.17M	USD	Point-in-time
Preferred stock, Series A, $.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, Series A, $.0001 par value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.0001 par value	`CommonStockValue`	$1.08K	USD	Point-in-time
Common stock, $.0001 par value	`CommonStockValue`	$1.08K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$2.89M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$2.89M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$17.00M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$2.88M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$2.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$16.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$17.08M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$40.25M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$38.33M	USD	Point-in-time

Income Statement 35 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$35.64M	USD	1 Quarter
Revenues	`Revenues`	$37.96M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$33.35M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$31.02M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.61M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.62M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.04M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.30M	USD	1 Quarter
Provision for doubtful accounts, net	`ProvisionForDoubtfulAccounts`	$72.29K	USD	1 Quarter
Provision for doubtful accounts, net	`ProvisionForDoubtfulAccounts`	$74.53K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.11M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$238.84K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$513.78K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$41.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$22.00	USD	1 Quarter
Interest expense	`InterestExpense`	$54.09K	USD	1 Quarter
Interest expense	`InterestExpense`	$34.46K	USD	1 Quarter
Equipment dispositions	`GainLossOnDispositionOfAssets`	$1.90K	USD	1 Quarter
Equipment dispositions	`GainLossOnDispositionOfAssets`	$-1.54K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$481.27K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$183.23K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$150.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$250.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.23K	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.27K	USD	1 Quarter
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Basic	`EarningsPerShareBasic`	0.00	AFN	1 Quarter
Basic	`EarningsPerShareBasic`	0.02	AFN	1 Quarter
Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.67M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.09M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.67M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.39M	shares	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$33.23K	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.27K	USD	1 Quarter
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$168.71K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$175.44K	USD	1 Quarter
Provision for doubtful accounts, net	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$-13.78K	USD	1 Quarter
Provision for doubtful accounts, net	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$74.53K	USD	1 Quarter
Rent Expense	`LeaseAndRentalExpense`	$49.90K	USD	1 Quarter
Rent Expense	`LeaseAndRentalExpense`	-	USD	1 Quarter
(Gain)/Loss on Equipment Dispositions	`GainLossOnDispositionOfAssets`	$1.90K	USD	1 Quarter
(Gain)/Loss on Equipment Dispositions	`GainLossOnDispositionOfAssets`	$-1.54K	USD	1 Quarter
Stock based compensation costs	`ShareBasedCompensation`	$123.35K	USD	1 Quarter
Stock based compensation costs	`ShareBasedCompensation`	$84.51K	USD	1 Quarter
Insurance reserves	`IncreaseDecreaseInInsuranceReserves`	$-22.00	USD	1 Quarter
Insurance reserves	`IncreaseDecreaseInInsuranceReserves`	$174.96K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$228.66K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-161.35K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$22.00	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$25.00	USD	1 Quarter
(Increase) decrease in receivables, prepaid expenses and other current assets	`IncreaseDecreaseAccountsReceivablePrepaidAndOtherAssets`	$-89.33K	USD	1 Quarter
(Increase) decrease in receivables, prepaid expenses and other current assets	`IncreaseDecreaseAccountsReceivablePrepaidAndOtherAssets`	$1.81M	USD	1 Quarter
Increase (decrease) in accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$178.99K	USD	1 Quarter
Increase (decrease) in accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$188.29K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$789.55K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-976.83K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.32K	USD	1 Quarter
Purchases of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.23K	USD	1 Quarter
Collections on Other Receivables	`ProceedsFromCollectionOfOtherReceivables`	$258.68K	USD	1 Quarter
Collections on Other Receivables	`ProceedsFromCollectionOfOtherReceivables`	-	USD	1 Quarter
Proceeds from equipment dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.12K	USD	1 Quarter
Proceeds from equipment dispositions	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.23K	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$230.48K	USD	1 Quarter
Net advances (repayments) on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$-2.10M	USD	1 Quarter
Net advances (repayments) on short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$2.16M	USD	1 Quarter
Decrease in checks issued in advance of deposits	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-90.18K	USD	1 Quarter
Decrease in checks issued in advance of deposits	`IncreaseDecreaseInOutstandingChecksFinancingActivities`	$-596.07K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.56M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.19M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.17M	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$579.47K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$587.97K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.50K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.19K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$587.97K	USD	Point-in-time
Interest	`InterestPaid`	$45.00K	USD	1 Quarter
Interest	`InterestPaid`	$54.45K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$310.56K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$15.95K	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$16.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.08M	USD	Point-in-time
Stock compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.51K	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.23K	USD	1 Quarter
Net income	`NetIncomeLoss`	$231.27K	USD	1 Quarter
Net income	`NetIncomeLoss`	$496.32K	USD	Annual
Balance	`StockholdersEquity`	$16.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$17.08M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.