Blonder Tongue Laboratories, Inc. is the oldest designer and manufacturer of telecommunications and cable television video transmission technology in the USA. The majority of our products continue to be designed and built in our state-of-the-art New Jersey facility, which has been the Company's home for more than 50 years. Blonder Tongue Labs offers U.S.-based engineering and manufacturing excellence with an industry reputation for delivering ultra-high reliability products. As a leader in cable television system design, the Company provides service operators and systems integrators with comprehensive solutions for the management and distribution of digital video, IPTV and high-speed data services, as well as RF broadband distribution over fiber, IP, and Coax networks for homes and businesses.
Company profile
Ticker
BDRL
Exchange
Website
CEO
Edward R. Grauch
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Blonder Tongue Far East, LLC • R. L. Drake Holdings, LLC ...
IRS number
521611421
BDRL stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
2 May 23
10-K/A
2022 FY
Annual report (amended)
28 Apr 23
10-K
2022 FY
Annual report
17 Apr 23
NT 10-K
Notice of late annual filing
31 Mar 23
8-K
Blonder Tongue Announces Death of Senior Vice President and Chief Financial Officer Eric Skolnik
1 Mar 23
8-K
Departure of Directors or Certain Officers
13 Feb 23
8-K
Blonder Tongue Announces Departure of CEO
23 Jan 23
8-K
Departure of Directors or Certain Officers
6 Jan 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Blonder Tongue Reports Third Quarter and Nine Months 2022 Results
4 Nov 22
Transcripts
BDRL
Earnings call transcript
2022 Q3
6 Nov 22
BDRL
Earnings call transcript
2022 Q2
16 Aug 22
BDRL
Earnings call transcript
2022 Q1
7 May 22
BDRL
Earnings call transcript
2021 Q4
31 Mar 22
BDRL
Earnings call transcript
2020 Q2
7 Aug 20
BDRL
Earnings call transcript
2020 Q1
15 May 20
BDRL
Earnings call transcript
2019 Q3
10 Nov 19
BDRL
Earnings call transcript
2019 Q2
14 Aug 19
BDRL
Earnings call transcript
2019 Q1
15 May 19
BDRL
Earnings call transcript
2018 Q4
1 Apr 19
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 79.00 k | 79.00 k | 79.00 k | 79.00 k | 79.00 k | 79.00 k |
Cash burn (monthly) | 29.33 k | 16.25 k | (no burn) | 223.75 k | (no burn) | 115.17 k |
Cash used (since last report) | 458.11 k | 253.78 k | n/a | 3.49 mm | n/a | 1.80 mm |
Cash remaining | -379.11 k | -174.78 k | n/a | -3.42 mm | n/a | -1.72 mm |
Runway (months of cash) | -12.9 | -10.8 | n/a | -15.3 | n/a | -14.9 |
Institutional ownership, Q1 2022
8.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 12 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 4 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 1.31 mm |
Total shares | 1.19 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Cavalry Fund I | 578.50 k | $914.00 k |
Tufton Capital Management | 188.94 k | $120.00 k |
Renaissance Technologies | 99.45 k | $64.00 k |
Bridgeway Capital Management | 90.00 k | $58.00 k |
Vanguard | 81.45 k | $52.00 k |
STT State Street | 65.60 k | $42.00 k |
VIRT Virtu Financial | 49.86 k | $32.00 k |
Citadel Advisors | 21.95 k | $14.00 k |
UBS UBS Group AG - Registered Shares | 9.44 k | $6.00 k |
Tower Research Capital | 5.13 k | $3.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Dec 22 | Horvath Allen | Common Stock, par value $0.001 | Grant | Acquire A | No | No | 0.19 | 2,024 | 384.56 | 165,906 |
30 Dec 22 | Grauch Edward Rowland | Common Stock, par value $0.001 | Grant | Acquire A | No | No | 0.19 | 5,466 | 1.04 k | 1,161,000 |
30 Dec 22 | Skolnik Eric S | Common Stock, par value $0.001 | Grant | Acquire A | No | No | 0.19 | 2,783 | 528.77 | 99,012 |
16 Dec 22 | Grauch Edward Rowland | Common Stock, par value $0.001 | Grant | Acquire A | No | No | 0.17 | 6,109 | 1.04 k | 1,155,534 |
16 Dec 22 | Horvath Allen | Common Stock, par value $0.001 | Grant | Acquire A | No | No | 0.17 | 2,262 | 384.54 | 163,882 |