CEA Industries(CEAD)
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CEA Industries(CEAD) - 2023 Q2 - Quarterly Report
2023-08-14 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41266 CEA INDUSTRIES INC. (Exact name of registrant as specified in its charter) Nevada 27-3911608 (State or other jurisdiction of (I.R.S. Employer incorporation or organiza ...
CEA Industries(CEAD) - 2023 Q1 - Earnings Call Transcript
2023-05-16 12:24
财务数据和关键指标变化 - 第一季度收入增加至4.7百万美元,同比增长176% [17] - 净订单为800,000美元,同比下降62% [18] - 期末订单回款为1.9百万美元,同比下降83% [19] - 毛利润增加至900,000美元,毛利率提升至18.2% [20] - 营业费用下降24%至1.3百万美元 [21] - 净亏损改善至400,000美元,每股亏损0.05美元 [22] - 现金和现金等价物为15.9百万美元,无债务 [22] 各条业务线数据和关键指标变化 - 公司主要服务于大麻和垂直农业行业 [12][14] - 签署了公司历史最大的设计合同,为一家东南部大麻种植商提供60,000平方英尺的种植和20,000平方英尺的加工设施 [13] - 还签署了一份与垂直室内养鸡公司Farm.One的合同,提供HVAC系统设计 [14] 各个市场数据和关键指标变化 - 大麻行业持续面临价格压力和消费者需求下降,导致资本支出大幅减少,项目延迟或暂停 [8] - 公司正在努力拓展非大麻行业客户,如垂直农业行业 [9][14] 公司战略和发展方向及行业竞争 - 公司正在采取成本节约措施,如裁员和其他节支计划,以应对行业环境 [9][10][11] - 公司计划继续寻找节约机会,提高效率,但不会影响对客户的服务水平 [10][11] - 公司有信心在大麻和垂直农业行业赢得更多合同 [15] - 公司正在积极评估并购机会,以增强服务和产品能力,加快未来增长和盈利 [35] 管理层对经营环境和未来前景的评论 - 公司认为大麻和垂直农业行业未来将继续增长,公司将继续服务这些行业 [39][40] - 公司将继续保持谨慎,控制成本,同时寻找增长机会 [24] 问答环节重要的提问和回答 问题1 **如何分配销售力量以寻找新机会?** 回答:公司将继续关注大麻市场,但也在积极拓展垂直农业等其他行业,以实现客户多元化 [28] 问题2 **目前订单回款中大麻和其他行业的占比?** 回答:目前大部分订单仍来自大麻行业,但未来这一比例将会下降 [29] 问题3 **未来如何控制运营费用?能否达到每季度1百万美元以下?** 回答:公司将继续努力降低运营费用,具体目标水平还在评估中 [30][31] 问题4 **关于收到纳斯达克摘牌警告的情况?** 回答:公司将采取必要措施以保持纳斯达克上市地位,但无法保证最终结果 [33] 问题5 **关于并购机会的评估情况?** 回答:公司正在积极评估大麻和垂直农业行业的并购机会,以增强服务能力 [35]
CEA Industries(CEAD) - 2023 Q1 - Quarterly Report
2023-05-15 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41266 CEA INDUSTRIES INC. (Exact name of registrant as specified in its charter) Nevada 27-3911608 (State or other jurisdiction of (I.R.S. Employer incorporation or organiz ...
CEA Industries(CEAD) - 2022 Q4 - Earnings Call Transcript
2023-03-29 05:34
CEA Industries Inc. (NASDAQ:CEAD) Q4 2022 Earnings Conference Call March 28, 2023 4:30 PM ET Company Participants Tony McDonald - Chairman and Chief Executive Officer Ian Patel - Chief Financial Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen, and welcome to the CEA Industries Q4 And Full Year 2022 Earnings Conference Call. Joining us today are the company's Chairman and CEO, Tony McDonald, as well as company's CFO, Ian Patel. [Operator Instructions] Before we begin, pleas ...
CEA Industries(CEAD) - 2022 Q4 - Annual Report
2023-03-28 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____ TO _______ Commission File Number: 001-41266 CEA INDUSTRIES INC. (Exact name of registrant as specified in its charter) Nevada 27-3911608 (State or other jurisdiction of ...
CEA Industries(CEAD) - 2022 Q3 - Earnings Call Transcript
2022-11-16 04:34
CEA Industries Inc. (NASDAQ:CEAD) Q3 2022 Results Conference Call November 14, 2022 4:15 PM ET Company Participants Tony McDonald - Chairman and Chief Executive Officer Ian Patel - Chief Financial Officer Operator Good afternoon, ladies and gentlemen, and welcome to the CEA Industries Q3 2022 Earnings Conference Call. Joining us today are the company's Chairman and CEO, Tony McDonald, as well as the company's CFO, Ian Patel. [Operator Instructions] Before we begin, please be advised that this call may conta ...
CEA Industries(CEAD) - 2022 Q2 - Earnings Call Transcript
2022-08-14 22:54
CEA Industries Inc. (NASDAQ:CEAD) Q2 2022 Earnings Conference Call August 11, 2022 4:15 PM ET Company Participants Tony McDonald - Chairman and Chief Executive Officer Ian Patel - Chief Financial Officer Operator Good afternoon, ladies and gentlemen and welcome to the CEA Industries’ Q2 2022 Earnings Conference Call. Joining us today are the company’s Chairman and CEO, Tony McDonald as well as the company’s CFO, Ian Patel. [Operator Instructions] Before we begin, please be advised that this call may contain ...
CEA Industries(CEAD) - 2021 Q3 - Earnings Call Transcript
2021-11-11 07:22
Surna Inc. (SRNA) Q3 2021 Results Earnings Conference Call November 10, 2021 4:15 PM ET Company Participants Tony McDonald - Chief Executive Officer Brian Knaley - Chief Financial Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen and welcome to the Surna Inc. Q3 2021 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions after the presentation. [Operator Instruction] It is now my pleasure ...
CEA Industries(CEAD) - 2021 Q2 - Earnings Call Transcript
2021-08-18 09:45
Surna Inc. (SRNA) Q2 2021 Earnings Conference Call August 17, 2021 4:00 PM ET Company Participants Tony McDonald - Chief Executive Officer Brian Knaley - Chief Financial Officer Operator Good afternoon, ladies and gentlemen and welcome to the Surna Inc. Q2 2021 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions after the presentation. [Operator Instruction] It is now my pleasure to turn the floor over to your host, Su ...
CEA Industries(CEAD) - 2021 Q1 - Earnings Call Transcript
2021-05-14 04:52
Surna Inc. (SRNA) Q1 2021 Earnings Conference Call May 13, 2021 4:00 PM ET Company Participants Tony McDonald - Chairman & Chief Executive Officer Conference Call Participants Operator Good afternoon, ladies and gentlemen. And welcome to the Surna Inc. Q1 2021 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and we’ll open the floor for your questions after the presentation. [Operator Instruction] It is now my pleasure to turn the floor over to your host, Surn ...