Tandy Leather Factory Inc. Files Q3 2024 10-Q
Ticker: TLF · Form: 10-Q · Filed: Nov 12, 2024 · CIK: 909724
| Field | Detail |
|---|---|
| Company | Tandy Leather Factory Inc (TLF) |
| Form Type | 10-Q |
| Filed Date | Nov 12, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0024 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
Tandy Leather's Q3 2024 10-Q is in: check retained earnings, paid-in capital, and other comprehensive income for the latest numbers.
AI Summary
Tandy Leather Factory Inc. filed its 10-Q for the period ending September 30, 2024. The filing details the company's financial performance and position. Key financial data points such as retained earnings, additional paid-in capital, and accumulated other comprehensive income are provided for various periods, including September 30, 2024, December 31, 2023, and December 31, 2022.
Why It Matters
This filing provides investors with a detailed look at Tandy Leather Factory's financial health and operational performance during the third quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks highlighted.
Key Numbers
- 2024-09-30 — Period End Date (Financial reporting period)
- 2023-12-31 — Previous Year End Date (Comparative financial reporting)
- 2022-12-31 — Prior Year End Date (Comparative financial reporting)
Key Players & Entities
- TANDY LEATHER FACTORY INC (company) — Filer
- 20240930 (date) — Conformed Period of Report
- 20241112 (date) — Filed as of Date
- FT WORTH (location) — Business Address City
- TX (location) — Business Address State
- 76140 (postal_code) — Business Address Zip
FAQ
What is the company's retained earnings as of September 30, 2024?
The filing indicates retained earnings as of September 30, 2024, but the specific dollar amount is not provided in this header data.
What was the company's additional paid-in capital on December 31, 2023?
The filing lists additional paid-in capital for December 31, 2023, but the specific dollar amount is not detailed in this header data.
What is the fiscal year end for Tandy Leather Factory Inc.?
The fiscal year end for Tandy Leather Factory Inc. is December 31.
When was the company formerly known as Leather Factory Inc.?
The company was formerly known as Leather Factory Inc. and the date of the name change was July 23, 1993.
What is the SIC code for Tandy Leather Factory Inc.?
The Standard Industrial Classification (SIC) code for Tandy Leather Factory Inc. is 3100, which corresponds to Leather & Leather Products.
Filing Stats: 4,606 words · 18 min read · ~15 pages · Grade level 13.7 · Accepted 2024-11-12 17:15:29
Key Financial Figures
- $0.0024 — ch registered Common Stock, par value $0.0024 TLF The Nasdaq Capital Market Indi
Filing Documents
- ef20034530_10q.htm (10-Q) — 987KB
- ef20034530_ex31-1.htm (EX-31.1) — 14KB
- ef20034530_ex32-1.htm (EX-32.1) — 6KB
- image00001.jpg (GRAPHIC) — 9KB
- 0001140361-24-046229.txt ( ) — 4264KB
- tlfa-20240930.xsd (EX-101.SCH) — 28KB
- tlfa-20240930_cal.xml (EX-101.CAL) — 49KB
- tlfa-20240930_def.xml (EX-101.DEF) — 128KB
- tlfa-20240930_lab.xml (EX-101.LAB) — 381KB
- tlfa-20240930_pre.xml (EX-101.PRE) — 243KB
- ef20034530_10q_htm.xml (XML) — 539KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION 2
Condensed Consolidated Financial Statements (Unaudited)
Item 1. Condensed Consolidated Financial Statements (Unaudited). 2 NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) 6
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. 16
OTHER INFORMATION
PART II. OTHER INFORMATION 21
Legal Proceedings
Item 1. Legal Proceedings. 21
Risk Factors
Item 1A. Risk Factors. 21
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 22
Exhibits
Item 6. Exhibits. 22
SIGNATURES
SIGNATURES 24 ii Table of Contents Cautionary Statement Regarding Forward-Looking Statements and Information The following discussion, as well as other portions of this Form 10-Q, contains forward-looking statements that reflect our plans, estimates and beliefs. Any such forward-looking statements (including, but not limited to, statements to the effect that Tandy Leather Factory, Inc. ("TLF") or its management "anticipates," "plans," "estimates," "expects," "believes," "intends," and other similar expressions) that are not statements of historical fact should be considered forward-looking statements and should be read in conjunction with our Condensed Consolidated Financial Statements and related notes contained elsewhere in this report. These forward-looking statements are made based upon management's current plans, expectations, estimates, assumptions and beliefs concerning future events impacting us and should be read carefully because they involve risks and uncertainties. We assume no obligation to update or otherwise revise these forward-looking statements, except as required by law. Specific examples of forward-looking statements include, but are not limited to, statements regarding our forecasts of financial performance, share repurchases, store openings or store closings, capital expenditures and working capital requirements. Our actual results could materially differ from those discussed in such forward-looking and Results of Operations" of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Unless the context otherwise indicates, references in this Form 10-Q to "TLF," "we," "our," "us," "the Company," "Tandy," or "Tandy Leather" mean Tandy Leather Factory, Inc., together with its subs