0001437749-21-025205.txt : 20211104 0001437749-21-025205.hdr.sgml : 20211104 20211104102426 ACCESSION NUMBER: 0001437749-21-025205 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20211104 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20211104 DATE AS OF CHANGE: 20211104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALPHA PRO TECH LTD CENTRAL INDEX KEY: 0000884269 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 631030494 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15725 FILM NUMBER: 211378622 BUSINESS ADDRESS: STREET 1: 60 CENTURIAN DR STREET 2: SUITE 112 CITY: MARKHAM ONTARIO CANA STATE: A6 ZIP: L3R9R2 BUSINESS PHONE: 9054790654 MAIL ADDRESS: STREET 1: 60 CENTURION DR STREET 2: STE 112 CITY: MARKHAM ON STATE: A6 ZIP: L3R9R2 FORMER COMPANY: FORMER CONFORMED NAME: BFD INDUSTRIES INC DATE OF NAME CHANGE: 19930328 8-K 1 apt20211103_8k.htm FORM 8-K apt20211103_8k.htm
false 0000884269 0000884269 2021-11-04 2021-11-04
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 4, 2021
 
Alpha Pro Tech, Ltd.
(Exact name of registrant as specified in its charter)
 
Delaware, U.S.A.
01-15725
63-1009183
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
     
60 Centurian Drive, Suite 112   L3R 9R2
Markham, Ontario, Canada   (Zip Code)
(Address of principal executive offices)    
 
Registrant’s telephone number, including area code: (905) 479-0654
 
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:
 
 
☐ 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))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.01 par value
APT
NYSE American
 
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 November 4, 2021, Alpha Pro Tech, Ltd. (the “Company”) issued a press release announcing financial results for the third quarter and nine months ended September 30, 2021. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Securities and Exchange Commission.
 
Item 9.01.
Financial Statements and Exhibits.
 
(d)
Exhibits
 
 
ExhibitNumber
  
Exhibit
 
99.1
  
  104   Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 
 
 
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.
 
ALPHA PRO TECH, LTD.
Date: November 4, 2021
By:
/s/ Colleen McDonald
Colleen McDonald
Chief Financial Officer
 
 
 EX-99.1 2 ex_301694.htm EXHIBIT 99.1 ex_301694.htm
 

Exhibit 99.1

 

ex_301694img001.gif

 

ALPHA PRO TECH, LTD. ANNOUNCES THIRD QUARTER 2021

FINANCIAL RESULTS

 

Overall Sales Decrease by 52% Reflecting the Record Third Quarter Comparable Sales in 2020 from COVID-19 Related Pandemic Revenue

 

Building Supply Sales Increase by 31% to a Record $10.1 Million

 

 

 

FOR IMMEDIATE RELEASE

 

Company Contact:

Investor Relations Contact:

Alpha Pro Tech, Ltd. 

HIR Holdings

Donna Millar

Cameron Donahue

905-479-0654

651-707-3532

e-mail: ir@alphaprotech.com 

e-mail: cameron@hirholdings.com

 

 

●

Net sales for the third quarter of 2021 were $14.5 million, a decrease of 51.8%, compared to $30.0 million for the third quarter of 2020.
 

○

Building Supply segment sales increased by $2.4 million, or 31.4%, to a record $10.1 million, compared to $7.7 million for the three months ended September 30, 2020
 

○

Disposable Protective Apparel segment sales decreased by 80.3%, to $4.4 million, compared to $22.4 million for the same period of 2020
 

●

Net income for the third quarter of 2021 was $766,000, or $0.06 per diluted share, compared to $8.1 million, or $0.58 per diluted share, for the third quarter of 2020
 

●

Cash of $17.6 million and working capital of $49.7 million with no debt as of September 30, 2021

 

 

 

Nogales, Arizona – November 4, 2021 – Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the three and nine months ended September 30, 2021.

 

Lloyd Hoffman, President and Chief Executive Officer of Alpha Pro Tech, commented, “The company continued to see the normalization of mask and shield sales to pre-pandemic levels in the third quarter, consistent with management’s prior guidance. The third quarter of 2020 was the high point of pandemic-related mask and shield sales and, as such, creates a higher sales decrease when compared to the third quarter of 2021. Sales for the disposable protective garments in the third quarter of 2021 were down, as inventory levels in the supply chain, primarily with our major international channel partner, were higher than historical levels as a result of record sales in the first and second quarters of 2021. We outlined this expectation in our second quarter earnings release and believe this should normalize as our channel partner’s inventory levels return to normal. This partner’s sales to its end users for the three and nine months ended September 30, 2021 were significantly higher than pre-pandemic levels and through the first nine months of 2020. Although down in the third quarter, year to date disposable protective garments sales have increased by 15.9% compared to the same period in 2020.”

 

1
 

 

“Building Supply segment sales in the third quarter of 2021 showed continued significant growth, with both our synthetic roof underlayment and housewrap products achieving record quarterly sales. We have now achieved consecutive quarterly sales records in this segment as the second quarter of 2021 was the previous highest quarter in company history. The synthetic roof underlayment sales increase of 35.9% from the third quarter of 2020 was due to the increase in inventory requirements at the dealer level, as well as the expansion of new home construction. The housewrap family of products continued to show growth with a sales increase of 25.7% compared to the third quarter of 2020 due to an increase in new market share and increased demand for new homes construction. We continue to enjoy the increased acceptance of our “system sell” of housewrap with the associated accessories in order to provide customers with a complete solution, adding incremental revenue.”

 

“We continue to be optimistic regarding our expectation for continued growth in future periods and have committed to increasing production capacity for the Building Supply segment by investing approximately $4.0 million in new equipment, part of which became operational in the latter part of the third quarter of 2021 and began to contribute to the record sales quarter. As a result of a delay in the supply chain, the most expensive piece of equipment is now anticipated to arrive in the latter part of the fourth quarter of 2021 and is expected to be operational in the first quarter of 2022, which will add additional capacity for future growth,” added Hoffman

 

Net Sales

 

Consolidated sales for the three months ended September 30, 2021, decreased to $14.5 million, from $30.0 million for the three months ended September 30, 2020, representing a decrease of $15.6 million, or 51.8%. This decrease consisted of decreased sales in the Disposable Protective Apparel segment of $18.0 million, partially offset by increased sales in the Building Supply segment of $2.4 million.

 

Sales for the Disposable Protective Apparel segment for the three months ended September 30, 2021 decreased by $18.0 million, or 80.3%, to $4.4 million, compared to $22.4 million for the same period of 2020. This segment decrease was due to a 92.3% decrease in sales of face masks, a 91.9% decrease in sales of face shields, and a 33.1% decrease in sales of disposable protective garments.

 

2
 

 

The sales mix of the Disposable Protective Apparel segment for the three months ended September 30, 2021 was approximately 69% for disposable protective garments, 23% for face masks and 8% for face shields. This sales mix is compared to approximately 20% for disposable protective garments, 60% for face masks and 20% for face shields for the three months ended September 30, 2020.

 

Building Supply segment sales for the three months ended September 30, 2021, increased by $2.4 million or 31.4%, to a quarterly record of $10.1 million, compared to $7.7 million for the three months ended September 30, 2020. The Building Supply segment increase was primarily due to a 35.9% increase in sales of synthetic roof underlayment, a 25.7% increase in sales of housewrap and a 26.7% increase in sales of other woven material compared to the same period of 2020.

 

The sales mix of the Building Supply segment for the three months ended September 30, 2021 was approximately 50% for synthetic roof underlayment, 43% for housewrap and 7% for other woven material. This compared to approximately 49% for synthetic roof underlayment, 44% for housewrap and 7% for other woven material for the three months ended September 30, 2020. Our synthetic roof underlayment product line includes REX SynFelt®, REX TECHNOply® and TECHNO SB®, and our housewrap product line consists of REX Wrap®, REX Wrap® Plus and REX Wrap Fortis®.

 

Consolidated sales for the nine months ended September 30, 2021, decreased to $55.4 million from $73.7 million for the nine months ended September 30, 2020, representing a decrease of $18.2 million or 24.8%. This decrease consisted of decreased sales in the Disposable Protective Apparel Segment of $23.8 million, partially offset by a $5.5 million increase in sales for the Building Supply segment.

 

Sales for the Disposable Protective Apparel segment for the nine months ended September 30, 2021, decreased by $23.8 million, or 46.6%, to $27.2 million, compared to $51.0 million for the same period of 2020. This segment decrease was due to a 71.4% decrease in sales of face masks, a 69.6% decrease in sales of face shields and a 15.9% increase in sales of disposable protective garments, all primarily due to customer demand associated with the pandemic.

 

The sales mix of the Disposable Protective Apparel segment for the nine months ended September 30, 2021 was 61% for disposable protective garments, 28% for masks and 11% for shields. This sales mix is compared to 28% for disposable protective garments, 52% for masks and 20% for shields for the nine months ended September 30, 2020.

 

Building Supply segment sales for the nine months ended September 30, 2021, increased by $5.5 million, or 24.4%, to $28.2 million, compared to $22.7 million for the same period of 2020. The Building Supply segment increase was primarily due to an increase in sales of synthetic roof underlayment of 34.4%, an increase in sales of housewrap of 19.6%, and an increase in sales of other woven material of 4.3% compared to the same period of 2020. Synthetic roof underlayment sales increased as a result of increased sales of the Company’s TECHNO family of products. Synthetic roof underlayment and housewrap sales were positively affected during the nine months ended September 30, 2021, by an increase in market share as well as improved U.S. housing starts. The U.S. Commerce Department recently reported that new home sales growth re-accelerated in the month of September to 14%, but due to supply chain issues for certain housing components which we do not supply, in addition to inflationary pressures, there is still uncertainty in the housing industry which could affect the Company’s sales.

 

3
 

 

The sales mix of the Building Supply segment for the nine months ended September 30, 2021 was 50% for synthetic roof underlayment, 42% for housewrap and 8% for other woven material. This compared to 46% for synthetic roof underlayment, 45% for housewrap and 9% for other woven material for the nine months ended September 30, 2020.

 

Gross Profit:

 

Gross profit decreased by $10.2 million, or 67.3%, to $4.9 million for the three months ended September 30, 2021, from $15.1 million for the three months ended September 30, 2020. The gross profit margin was 34.1% for the three months ended September 30, 2021, compared to 50.4% for the three months ended September 30, 2020.

 

Gross profit decreased by $16.0 million, or 43.9%, to $20.4 million for the nine months ended September 30, 2021, from $36.3 million for the same period of 2020. The gross profit margin was 36.7% for the nine months ended September 30, 2021, compared to 49.3% for the same period of 2020.

 

Management believes that gross profit margin will be negatively affected in 2021 as a result of changes in product mix, as the need for face masks and face shields which have a higher gross profit margin than our other products, declines from the surge in customer demand in 2020 as a result of the COVID-19 pandemic. In addition, gross profit is being negatively impacted by significant increases in ocean freight and other transportation costs as well as higher than normal increases in raw material costs which change at a significantly faster pace than the Company can sometimes fulfill order backlog. Our portfolio of products has been affected by much higher than normal increases in raw material costs. In the current environment, cost increases may rise more rapidly than our sales price increases, which could decrease gross profit.

 

 

Selling, General and Administrative Expenses

 

Selling, general and administrative expenses decreased by $696,000, or 15.2%, to $3.9 million for the three months ended September 30, 2021, from $4.6 million for the three months ended September 30, 2020. However, as a percentage of net sales, selling, general and administrative expenses increased to 26.8% for the three months ended September 30, 2021, up from 15.3% for the same period of 2020, primarily as a result of lower net sales.

 

4
 

 

Selling, general and administrative expenses decreased by $575,000, or 4.3%, to $12.7 million for the nine months ended September 30, 2021, from $13.2 million for the nine months ended September 30, 2020. As a percentage of net sales, selling, general and administrative expenses increased to 22.8% for the nine months ended September 30, 2021, up from 18.0% for the same period of 2020, primarily as a result of lower net sales.

 

 

Income from Operations

 

Income from operations decreased by $9.5 million, or 91.8%, to $849,000 for the three months ended September 30, 2021, compared to $10.4 million for the three months ended September 30, 2020. The decreased income from operations was primarily due to a decrease in gross profit of $10.2 million and an increase in depreciation and amortization expense of $23,000, partially offset by a decrease in selling, general and administrative expenses of $696,000. Income from operations as a percentage of net sales for the three months ended September 30, 2021 was 5.9%, compared to 34.5% for the same period of 2020.

 

Income from operations decreased by $15.4 million, or 68.6%, to $7.1 million for the nine months ended September 30, 2021, compared to $22.5 million for the nine months ended September 30, 2020. The decreased income from operations was primarily due to a decrease in gross profit of $16.0 million and an increase in depreciation and amortization expense of $65,000, partially offset by a decrease in selling, general and administrative expenses of $575,000. Income from operations as a percentage of net sales for the nine months ended September 30, 2021 was 12.8%, compared to 30.6% for the same period of 2020.

 

Net Income

 

Net income for the three months ended September 30, 2021 was $766,000, compared to net income of $8.1 million for the three months ended September 30, 2020, representing a decrease of $7.3 million or 90.6%. Net income as a percentage of net sales for the three months ended September 30, 2021 was 5.3%, and net income as a percentage of net sales for the same period of 2020 was 27.0%. Basic earnings per common share for the three months ended September 30, 2021, and 2020 were $0.06 and $0.60, respectively. Diluted earnings per common share for the three months ended September 30, 2021 and 2020 were $0.06 and $0.58, respectively.

 

Net income for the nine months ended September 30, 2021 was $6.2 million, compared to net income of $19.7 million for the same period of 2020, representing a decrease of $13.5 million, or 68.7%. The decrease in net income between the nine months ending 2021 and 2020 was due to a decrease in income before provision for income taxes of $15.2 million, partially offset by a decrease in provision for income taxes of $1.7 million. A tax benefit from stock options exercised positively impacted net income in the first quarter of 2020 by an estimated $2.0 million. Net income as a percentage of net sales for the nine months ended September 30, 2021 was 11.1%, and net income as a percentage of net sales for the same period of 2020 was 26.7%. Basic earnings per common share for the nine months ended September 30, 2021 and 2020 were $0.46 and $1.46, respectively. Diluted earnings per common share for the nine months ended September 30, 2021 and 2020 were $0.45 and $1.41, respectively.

 

5
 

 

Balance Sheet

 

As of September 30, 2021, the Company had cash of $17.6 million compared to $23.3 million as of December 31, 2020. The decrease in cash from December 31, 2020 was due to cash used in investing activities of $2,391,000 and cash used in financing activities of $3,686,000, partially offset by cash provided by operating activities of $2,969,000. Working capital totaled $49.7 million and the Company’s current ratio was 17:1, compared to a current ratio of 9:1 as of December 31, 2020.

 

Inventory increased by $6.4 million or 38.5%, to $23.2 million as of September 30, 2021, from $16.7 million as of December 31, 2020. The increase was primarily due to an increase in inventory for the Disposable Protective Apparel segment of $4.9 million, or 42.2%, to $16.4 million and an increase in inventory for the Building Supply segment of $1.6 million, or 30.3%, to $6.8 million.

 

Colleen McDonald, Chief Financial Officer, commented, “During the three months ended September 30, 2021, we repurchased 46,000 shares of the Company’s common stock at a cost of $369,000. As of September 30, 2021, we had repurchased a total of 18,492,917 shares of the Company’s common stock at a cost of approximately $42 million through our repurchase program. We retire all stock upon repurchase. Future repurchases are expected to be funded from cash on hand and cash flows from operating activities. As of September 30, 2021, we had $409,000 available for additional stock purchases under our stock repurchase program.”

 

The Company currently has no outstanding debt and believes that the current cash balance will be sufficient to satisfy projected working capital needs and planned capital expenditures for the foreseeable future. The Company has made approximately $4.0 million in commitments for capital investments to increase production capacity in the Building Supply segment, of which $2.5 million has been paid as of September 30, 2021.

 

 

About Alpha Pro Tech, Ltd.

Alpha Pro Tech, Ltd. is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. Alpha Pro Tech, Inc. develops, manufactures and markets innovative disposable and limited-use protective apparel products for the industrial, clean room, medical and dental markets. Alpha ProTech Engineered Products, Inc. manufactures and markets a line of construction weatherization products, including building wrap and roof underlayment. The Company has manufacturing facilities in Salt Lake City, Utah; Nogales, Arizona; Valdosta, Georgia; and a joint venture in India. For more information and copies of all news releases and financials, visit Alpha Pro Tech’s website at http://www.alphaprotech.com.

 

6
 

 

Certain statements made in this press release constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts and may be identified generally by the use of forward-looking terminology and words such as “expects,” “anticipates,” “estimates,” “believes,” “predicts,” “intends,” “plans,” “potentially,” “may,” “continue,” “should,” “will” and words of similar meaning. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected earnings, expectations regarding order volume, timing of fulfillment of orders, production capacity and our plans to ramp up production and expand capacity, product demand, availability of raw materials and supply chain access, margins, costs, expenditures, cash flows, sources of capital, growth rates and future financial and operating results are forward-looking statements. We caution investors that any such forward-looking statements are only estimates based on current information and involve risks and uncertainties that may cause actual results to differ materially from the results contained in the forward-looking statements. We cannot give assurances that any such statements will prove to be correct. Factors that could cause actual results to differ materially from those estimated by us include the risks, uncertainties and assumptions described from time to time in our public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, our most recent Annual Report on Form 10-K. Specifically, these factors include, but are not limited to, changes in global economic conditions; the effects of the COVID-19 pandemic on our business and operations, the business and operations of those within our supply chain and global economic conditions generally; changes in order volume by our customers; the inability of our suppliers and contractors to meet our requirements; potential challenges related to international manufacturing; our partnership with a joint venture partner; the inability to protect our intellectual property; competition in our industry; customer preferences; the timing and market acceptance of new product offerings; security breaches or disruptions to the information technology infrastructure; the impact of legal and regulatory proceedings or compliance challenges; and volatility in our common stock price and our investments. We also caution investors that the forward-looking information described herein represents our outlook only as of this date, and we undertake no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release. Given these uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

 

-- Tables follow --

  

7
 

 

Consolidated Balance Sheets (Unaudited)

 

   

September 30,

    

December 31,

  
   

2021

     2020 (1)  

Assets

                

Current assets:

                

Cash and cash equivalents

   $ 17,636,000     $ 23,292,000  

Accounts receivable, net of allowance for doubtful accounts of $64,000 as of September 30, 2021 and $71,000 as of December 31, 2020

     3,991,000       8,132,000  

Accounts receivable, related party

     1,396,000       905,000  

Inventories, net

     23,190,000       16,749,000  

Prepaid expenses

     6,562,000       6,225,000  

Total current assets

     52,775,000       55,303,000  
                 

Property and equipment, net

     6,136,000       4,353,000  

Goodwill

     55,000       55,000  

Definite-lived intangible assets, net

     4,000       7,000  

Right-of-use assets

     2,872,000       3,535,000  

Equity investment in unconsolidated affiliate

     6,172,000       5,549,000  

Total assets

   $ 68,014,000     $ 68,802,000  
                 

Liabilities and Shareholders' Equity

                

Current liabilities:

                

Accounts payable

   $ 1,029,000     $ 1,983,000  

Accrued liabilities

     1,120,000       2,793,000  

Customer advance payments of orders

     -       209,000  

Lease liabilities

     880,000       867,000  

Total current liabilities

     3,029,000       5,852,000  
                 

Lease liabilities, net of current portion

     2,046,000       2,719,000  

Deferred income tax liabilities, net

     211,000       211,000  

Total liabilities

     5,286,000       8,782,000  

Commitments

                

Shareholders' equity:

                

Common stock, $.01 par value: 50,000,000 shares authorized; 13,162,341 and 13,419,847 shares outstanding as of September 30, 2021 and December 31, 2020, respectively

     132,000       135,000  

Additional paid-in capital

     -       409,000  

Retained earnings

     62,596,000       59,476,000  

Total shareholders' equity

     62,728,000       60,020,000  

Total liabilities and shareholders' equity

   $ 68,014,000     $ 68,802,000  

 

1) The condensed consolidated balance sheet as of December 31, 2020 has been prepared using information from the audited consolidated balance sheet as of that date.

 

8
 

 

Condensed Consolidated Statements of Income (Unaudited)

 

   

For the Three Months Ended

    

For the Nine Months Ended

  
   

September 30,

    

Septermber 30,

  
   

2021

    

2020

    

2021

    

2020

  
                                 

Net sales

   $ 14,475,000     $ 30,027,000     $ 55,442,000     $ 73,681,000  
                                 

Cost of goods sold, excluding depreciation and amortization

     9,533,000       14,891,000       35,089,000       37,378,000  

Gross profit

     4,942,000       15,136,000       20,353,000       36,303,000  
                                 

Operating expenses:

                                

Selling, general and administrative

     3,884,000       4,580,000       12,661,000       13,236,000  

Depreciation and amortization

     209,000       186,000       611,000       546,000  

Total operating expenses

     4,093,000       4,766,000       13,272,000       13,782,000  
                                 

Income from operations

     849,000       10,370,000       7,081,000       22,521,000  
                                 

Other income:

                                

Equity in income of unconsolidated affiliate

     112,000       250,000       623,000       456,000  

Gain /(Loss) on marketable securities

     -       (24,000 )     -       (42,000 )

Interest income, net

     1,000       1,000       2,000       17,000  

Total other income

     113,000       227,000       625,000       431,000  
                                 

Income before provision for income taxes

     962,000       10,597,000       7,706,000       22,952,000  
                                 

Provision for income taxes

     196,000       2,490,000       1,550,000       3,284,000  
                                 

Net income

   $ 766,000     $ 8,107,000     $ 6,156,000     $ 19,668,000  
                                 
                                 

Basic earnings per common share

   $ 0.06     $ 0.60     $ 0.46     $ 1.46  
                                 

Diluted earnings per common share

   $ 0.06     $ 0.58     $ 0.45     $ 1.41  
                                 

Basic weighted average common shares outstanding

     13,177,520       13,588,554       13,255,125       13,431,210  
                                 

Diluted weighted average common shares outstanding

     13,419,485       14,033,027       13,555,925       13,977,564  

 

9
 EX-101.SCH 3 apt-20211104.xsd XBRL TAXONOMY EXTENSION SCHEMA 000 - Document - Document And Entity Information link:calculationLink link:definitionLink link:presentationLink EX-101.DEF 4 apt-20211104_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 apt-20211104_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity [Domain] Legal Entity [Axis] Document Information [Line Items] Document Information [Table] Document, Type Document, Period End Date Entity, Registrant Name Entity, Incorporation, State or Country Code Entity, File Number Entity, Tax Identification Number Entity, Address, Address Line One Entity, Address, Postal Zip Code Entity, Address, City or Town Entity, Address, State or Province Entity, Address, Country City Area Code Local Phone Number Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security Trading Symbol Security Exchange Name Entity, Emerging Growth Company Amendment Flag Entity, Central Index Key EX-101.PRE 6 apt-20211104_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 7 ex_301694img001.gif begin 644 ex_301694img001.gif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end XML 8 apt20211103_8k_htm.xml IDEA: XBRL DOCUMENT 0000884269 2021-11-04 2021-11-04 false 0000884269 8-K 2021-11-04 Alpha Pro Tech, Ltd. DE 01-15725 63-1009183 60 Centurian Drive, Suite 112 L3R 9R2 Markham ON CA 905 479-0654 false false false false Common Stock APT NYSE false XML 9 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Document And Entity Information
Nov. 04, 2021
Document Information [Line Items]  
Entity, Registrant Name Alpha Pro Tech, Ltd.
Document, Type 8-K
Document, Period End Date Nov. 04, 2021
Entity, Incorporation, State or Country Code DE
Entity, File Number 01-15725
Entity, Tax Identification Number 63-1009183
Entity, Address, Address Line One 60 Centurian Drive, Suite 112
Entity, Address, Postal Zip Code L3R 9R2
Entity, Address, City or Town Markham
Entity, Address, State or Province ON
Entity, Address, Country CA
City Area Code 905
Local Phone Number 479-0654
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol APT
Security Exchange Name NYSE
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000884269

EXCEL 10 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 11 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 1 96 1 false 0 0 false 0 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.apt.com/20211104/role/statement-document-and-entity-information Document And Entity Information Cover 1 false false All Reports Book All Reports apt20211103_8k.htm apt-20211104.xsd apt-20211104_def.xml apt-20211104_lab.xml apt-20211104_pre.xml ex_301694.htm http://xbrl.sec.gov/dei/2021 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "apt20211103_8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "local": [ "apt-20211104_def.xml" ] }, "inline": { "local": [ "apt20211103_8k.htm" ] }, "labelLink": { "local": [ "apt-20211104_lab.xml" ] }, "presentationLink": { "local": [ "apt-20211104_pre.xml" ] }, "schema": { "local": [ "apt-20211104.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "https://xbrl.sec.gov/stpr/2021/stpr-2021.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/sic/2021/sic-2021.xsd", "https://xbrl.sec.gov/currency/2021/currency-2021.xsd", "https://xbrl.sec.gov/exch/2021/exch-2021.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" ] } }, "elementCount": 27, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "apt", "nsuri": "http://www.apt.com/20211104", "report": { "R1": { "firstAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "apt20211103_8k.htm", "contextRef": "d20218K", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityRegistrantName", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "000 - Document - Document And Entity Information", "role": "http://www.apt.com/20211104/role/statement-document-and-entity-information", "shortName": "Document And Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "div", "body", "html" ], "baseRef": "apt20211103_8k.htm", "contextRef": "d20218K", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityRegistrantName", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_DocumentInformationLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Document Information [Line Items]" } } }, "localname": "DocumentInformationLineItems", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "stringItemType" }, "dei_DocumentInformationTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.", "label": "Document Information [Table]" } } }, "localname": "DocumentInformationTable", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document, Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document, Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity, Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity, Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity, Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity, Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity, Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity, Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.", "label": "Entity [Domain]" } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "domainItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity, Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity, File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity, Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity, Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity, Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "employerIdItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "stringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.apt.com/20211104/role/statement-document-and-entity-information" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 16 0001437749-21-025205-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001437749-21-025205-xbrl.zip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end