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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 425,516 $ 429,457
Accounts receivable 5,248,305 5,013,195
Inventories, net 11,380,765 10,969,711
Prepaid expenses 793,076 589,149
Other current assets 1,722,048 1,352,419
Income Tax Receivable 196,747 403,074
Receivable from related party 0 100,000
Current assets of discontinued operations 0 294,219
Total current assets 19,766,457 19,151,224
Property, plant and equipment:    
Machinery and equipment 19,834,510 19,833,903
Building 0 3,321,016
Office furniture and equipment 2,159,259 2,231,458
Intellectual property 783,179 783,179
Land 0 250,000
Leasehold improvements 165,217 407,476
Fixtures and equipment at customer locations 518,450 518,450
Projects under construction 136,207 71,206
Property, Plant and Equipment, Gross 23,596,822 27,416,688
Less : accumulated depreciation and amortization (22,329,036) (25,466,213)
Total property, plant and equipment, net 1,267,786 1,950,475
Other assets:    
Operating lease right-of-use 3,763,346 361,720
Other assets 84,692 87,552
Total other assets 3,848,038 449,272
TOTAL ASSETS 24,882,281 21,550,971
Current liabilities:    
Trade payables 4,553,389 5,504,442
Line of credit 3,263,698 5,363,340
Notes payable - current portion 3,777,958 3,913,666
Advance from Investor 1,500,000 1,500,000
Notes payable affiliates - current portion 0 8,045
Notes payable - officers, subordinated 1,175,361 1,123,769
Operating Lease Liabilities 871,287 317,591
Accrued liabilities 1,551,984 871,761
Current liabilities of discontinued operations 0 184,577
Total current liabilities 16,693,677 18,787,191
Long-term liabilities:    
Operating Lease Liabilities 2,892,059 44,129
Total long-term liabilities 2,892,059 44,129
TOTAL LIABILITIES 19,585,736 18,831,320
Mezzanine equity:    
Common stock - no par value, 50,000,000 shares authorized, 5,930,408 and 5,827,304 shares issued and 5,886,750 and 5,783,646 shares outstanding at September 30, 2021 and December 31, 2020 respectively 14,537,828 14,537,828
Paid-in-capital 4,496,635 5,041,511
Accumulated deficit (13,645,161) (14,382,327)
Accumulated other comprehensive loss (6,273,309) (5,885,112)
Less: Treasury stock, 43,658 shares (160,784) (160,784)
Total Yunhong CTI, Ltd Stockholders' Equity 5,286,832 1,905,699
Noncontrolling interest 9,713 (718,212)
Total Shareholders' Equity 5,296,545 1,187,487
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY 24,882,281 21,550,971
Series B Preferred Stock [Member]    
Mezzanine equity:    
Series B Preferred stock -- no par value, 170,000 share authorized 170,000 shares issued and outstanding at September 30, 2021 and December 31, 2020 0 1,532,164
Preferred Stock 1,680,707 0
Series A Preferred Stock [Member]    
Mezzanine equity:    
Preferred Stock 3,054,583 2,754,583
Series C Preferred Stock [Member]    
Mezzanine equity:    
Preferred Stock $ 1,596,333 $ 0