0001615774-18-009261.txt : 20180906 0001615774-18-009261.hdr.sgml : 20180906 20180906061401 ACCESSION NUMBER: 0001615774-18-009261 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180905 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20180906 DATE AS OF CHANGE: 20180906 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MISONIX INC CENTRAL INDEX KEY: 0000880432 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY APPARATUS & FURNITURE [3821] IRS NUMBER: 112148932 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-10986 FILM NUMBER: 181056619 BUSINESS ADDRESS: STREET 1: 1938 NEW HIGHWAY CITY: FARMINGDALE STATE: NY ZIP: 11735 BUSINESS PHONE: (631) 694-9555 MAIL ADDRESS: STREET 1: 1938 NEW HIGHWAY CITY: FARMINGDALE STATE: NY ZIP: 11735 FORMER COMPANY: FORMER CONFORMED NAME: MEDSONIC INC DATE OF NAME CHANGE: 19930328 8-K/A 1 s112580_8ka.htm 8-K/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 5, 2018

MISONIX, INC.

(Exact name of Registrant as specified in its charter)

New York

(State or other jurisdiction

of incorporation)

1-10986

(Commission File Number)

11-2148932

(I.R.S. Employer

Identification No.)

1938 New Highway, Farmingdale, New York 11735

(Address of principal executive offices, including zip code)

(631) 694-9555

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition

On September 5, 2018, Misonix, Inc. (the “Company”) issued a press release announcing financial results of its fourth fiscal quarter and fiscal year ended June 30, 2018. The sales performance supplemental data table in that release included a classification error between international consumables and equipment revenue for the three and twelve months ended June 30, 2018. Total, domestic and international revenue was reported correctly in all periods. A corrected table is shown below.

Sales Performance Supplemental Data

	For the Quarter Ended June 30,				Net Change						For the Year Ended June 30,				Net Change
	2018		2017		$			%			2018		2017		$		%
Total
Consumables	$	6,155,886	$	5,594,142	$	561,744			10.0	%	$	23,560,424	$	20,328,676	$	3,231,748		15.9	%
Equipment		2,480,240		2,296,053		184,187			8.0	%		9,034,203		6,941,287		2,092,916		30.2	%
License		—		—		—			—			4,010,000		—		4,010,000		100.0	%
Total	$	8,636,126	$	7,890,195	$	745,931			9.5	%	$	36,604,628	$	27,269,963	$	9,334,665		34.2	%

Domestic
Consumables	$	4,636,527	$	3,967,274	$	669,253			16.9	%	$	17,699,698	$	14,866,772	$	2,832,926		19.1	%
Equipment		349,043		474,394		(125,351	)		-26.4	%		2,269,467		1,593,999		675,468		42.4	%
Total	$	4,985,570	$	4,441,668	$	543,902			12.2	%	$	19,969,165	$	16,460,771	$	3,508,394		21.3	%

International
Consumables	$	1,519,358	$	1,626,868	$	(107,510	)		-6.6	%	$	5,860,726	$	5,461,904	$	398,822		7.3	%
Equipment		2,131,197		1,821,659		309,538			17.0	%		6,764,736		5,347,288		1,417,448		26.5	%
Total	$	3,650,555	$	3,448,527	$	202,028			5.9	%	$	12,625,462	$	10,809,192	$	1,816,270		16.8	%

License	$	—	$	—	$	—		$	—		$	4,010,000	$	—	$	4,010,000		100.0	%

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MISONIX, INC.

Date: September 6, 2018	By:	/s/ Joseph P. Dwyer
		Joseph P. Dwyer
		Chief Financial Officer