American Defense Systems, Inc.

ADFS

ADFSAmerican Defense Systems, Inc. US flag

Other OTC

0.00

USD

- -

9,342.00Market Cap

Income Statement (USD)

API ChatGPT

	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y
As of date	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011

Sales/Revenue/Turnover	25	36	36	46	31	9
+ Sales & Services Revenue	25	36	36	46	31	9
- Cost of Revenue	18	22	25	34	21	5
+ Cost of Goods & Services	18	22	25	34	21	5
Gross Profit	8	14	11	12	10	3
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	5	10	16	19	14	6
+ Selling, General & Admin	5	9	15	17	12	6
+ Research & Development	- -	1	1	1	1	- -
+ Other Operating Expense	- -	- -	1	1	1	1
Operating Income (Loss)	2	3	-5	-7	-4	-3
- Non-Operating (Income) Loss	- -	- -	-2	8	4	-10
+ Interest Expense, Net	- -	- -	2	5	3	- -
+ Interest Expense	- -	- -	2	5	3	- -
- Interest Income	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	-4	3	1	-10
Pretax Income	3	3	-3	-15	-8	7
- Income Tax Expense (Benefit)	-1	- -	-1	1	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	3	-2	-16	-8	7
- Net Extraordinary Losses (Gains)	- -	- -	2	1	1	-3
+ Discontinued Operations	- -	- -	-2	-1	-1	3
+ Extraord. & Accounting Changes	- -	- -	4	1	2	-5
Income (Loss) Incl. MI	3	3	-5	-16	-9	9
- Minority Interest	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	3	-5	-16	-9	9
- Preferred Dividends	- -	- -	1	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	3	-6	-16	-9	9
EBIT	2	3	-5	-7	-4	-3
EBITDA	3	4	-5	-6	-2	-2
EBITDA Margin (%)	10.72	10.66	-12.94	-13.16	-7.26	-26.46
EBITA	2	3	-5	-7	-4	-3
Gross Margin (%)	30.64	38.48	30.59	26.07	31.9	38.76
Operating Margin (%)	9.81	9.58	-15.31	-15.52	-11.72	-34.7
Profit Margin (%)	12.32	8.65	-12.66	-35.49	-29.85	107.63
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	0.03	- -	- -	- -
Depreciation Expense	- -	- -	1	1	1	1
Basic Weighted Avg Shares	37	39	39	43	49	55
Basic EPS, GAAP	0.08	0.08	-0.14	-0.38	-0.19	0.17
Basic EPS from Cont Ops	0.08	0.08	-0.06	-0.36	-0.17	0.13
Diluted Weighted Avg Shares	37	39	39	43	49	55
Diluted EPS, GAAP	0.08	0.08	-0.14	-0.38	-0.19	0.17
Diluted EPS from Cont Ops	0.08	0.08	-0.06	-0.36	-0.17	0.13

Balance Sheet (USD)

API ChatGPT

	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y
As of date	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011

Total Current Assets	12	20	16	11	5	2
+ Cash, Cash Equivalents & STI	5	2	1	- -	- -	- -
+ Cash & Cash Equivalents	5	2	1	- -	- -	- -
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	4	7	5	3	1	1
+ Accounts Receivable, Net	4	7	5	2	1	1
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	1	1	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	1	1	- -	- -
+ Other ST Assets	3	11	10	7	4	1
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1	3	9	7	5	1
+ Property, Plant & Equip, Net	1	1	4	3	2	- -
+ Property, Plant & Equip	1	2	5	6	5	3
- Accumulated Depreciation	- -	1	2	3	4	2
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	2	5	4	3	- -
+ Total Intangible Assets	- -	2	1	1	1	- -
+ Goodwill	- -	2	- -	1	1	- -
+ Other Intangible Assets	- -	- -	1	1	1	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	4	2	1	- -
Total Assets	13	24	25	18	10	3
+ Payables & Accruals	4	6	3	7	4	3
+ Accounts Payable	3	5	2	7	3	3
+ Accrued Taxes	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	1	1	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	4	12	- -	16	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	4	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	12	- -	16	- -
Total Current Liabilities	4	10	15	7	19	3
+ LT Debt	- -	- -	- -	- -	- -	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	- -	- -	- -	12	- -	- -
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	12	- -	- -
Total Noncurrent Liabilities	- -	- -	- -	12	- -	- -
Total Liabilities	4	10	15	20	20	3
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	9	10	11	15	17	17
+ Common Stock	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	9	10	11	15	17	17
- Treasury Stock	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	3	-1	-17	-26	-17
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	9	13	10	-2	-10	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -
Total Equity	9	13	10	-2	-10	- -
Total Liabilities & Equity	13	24	25	18	10	3
Shares Outstanding	39	39	40	47	54	55
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -
Net Debt	-5	-2	-1	- -	- -	- -
Net Debt to Equity	-54.74	-14.98	-7.49	-2.23	2.55	56.29
Tangible Common Equity Ratio	69.03	53.11	36.68	-21.19	-134.63	-7.54
Current Ratio	3.04	1.98	1.08	1.47	0.27	0.74
Cash Conversion Cycle	- -	-9.87	10.25	-7.99	-57.37	-171.34

Cash Flow Statement (USD)

API ChatGPT

	2006 Y	2007 Y	2008 Y	2009 Y	2010 Y	2011 Y
As of date	12/31/2006	12/31/2007	12/31/2008	12/31/2009	12/31/2010	12/31/2011

+ Net Income	3	3	-5	-16	-9	9
+ Depreciation & Amortization	- -	- -	1	1	1	1
+ Non-Cash Items	- -	1	-4	9	6	-12
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	-1	1	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	1	-3	7	5	-13
+ Chg in Non-Cash Work Cap	-2	-6	-3	8	3	1
+ (Inc) Dec in Accts Receiv	-3	-2	2	2	-1	- -
+ (Inc) Dec in Inventories	- -	- -	- -	-1	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	- -	1	- -	- -
+ Inc (Dec) in Accts Payable	3	1	-2	4	-2	- -
+ Inc (Dec) in Other	-2	-3	-2	1	6	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	1	-2	-10	1	1	-2
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-4	- -	- -	- -
+ Acq of Fixed Prod Assets	-1	-1	-3	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	-1	- -	- -	- -
+ Cash (Repurchase) of Equity	2	- -	- -	- -	- -	- -
+ Increase in Capital Stock	2	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	1
+ Cash from Divestitures	- -	- -	- -	- -	- -	1
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-1	-4	- -	- -	1
+ Dividends Paid	- -	- -	-1	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	15	-1	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	2	- -	14	-1	- -	- -
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -
Net Changes in Cash	2	-3	-1	- -	- -	- -
EBITDA	3	4	-5	-6	-2	-2
EBITDA Margin (%)	10.72	10.66	-12.94	-13.16	-7.26	-26.46
Free Cash Flow	1	-3	-15	1	- -	-2
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	-1
Free Cash Flow to Firm	1	-3	- -	- -	- -	-1
Free Cash Flow to Equity	- -	-3	-15	1	- -	-1
Free Cash Flow per Basic Share	0.02	-0.07	-0.37	0.02	0.01	-0.03
Price/Free Cash Flow	- -	- -	-3.52	10.38	7.64	-0.52
Cash Flow to Net Income	0.39	-0.57	2.32	-0.08	-0.08	-0.18
Capital Expenditures	-1	-1	-4	- -	- -	- -