UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the quarterly period ended June 30, 1996
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND
EXCHANGE ACT OF 1934
For the transtion period from ______________ to ____________
-------------------------------------------------------
Commission file number 0-27803
COVOL TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 87-0547337
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3280 North Frontage Road, Lehi, Utah 84043
(Address of principal executive offices) (Zip Code)
(801) 768-4481
(Registrant's telephone number, including area code)
--------------------------------------------------------
(Former name, former address and former fiscal year, if
changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 14 or 15(d0 of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [ ] No [X]
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date.
Class of Stock Amount Outstanding
$.001 par value Common Stock 7,294,123 Shares of Common Stock
at June 30, 1996
<PAGE>
PART II. OTHER INFORMATION
ITEM 1. LEGAL PROCEEDINGS
None
ITEM 2. CHANGES IN SECURITIES
None
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None
ITEM 4. SUBMISSION OF MATTER TO VOTE OF SECURITY HOLDERS.
None
ITEM 5. OTHER INFORMATION
None
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
Those exhibits previously filed with the Securities and Exchange
Commission as required by Item 601 of Regulation S-K, are
incorporated herein by reference in accordance with the
provisions of Rule 12b-32.
27 Financial Data Schedule
(b) Reports on Form 8-K
A current report on Form 8-K, dated June 3, 1996, was filed
during the quarter.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: October 15, 1996
COVOL TECHNOLOGIES, INC.
By: /s/ Kenneth M. Young
Kenneth M. Young, Chairman of the
Board, Chief Executive Officer and
Principal Executive Officer
By: /s/ Michael Midgley
Michael Midgley, Principal
Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-END> JUN-30-1996
<CASH> 131,799
<SECURITIES> 0
<RECEIVABLES> 79,040
<ALLOWANCES> 0
<INVENTORY> 22,208
<CURRENT-ASSETS> 236,396
<PP&E> 1,593,680
<DEPRECIATION> 351,026
<TOTAL-ASSETS> 682,479
<CURRENT-LIABILITIES> 2,450,433
<BONDS> 0
0
0
<COMMON> 7,294
<OTHER-SE> 3,999,549
<TOTAL-LIABILITY-AND-EQUITY> 6,828,479
<SALES> (29,174)
<TOTAL-REVENUES> (537,172)
<CGS> 144,018
<TOTAL-COSTS> 1,623,457
<OTHER-EXPENSES> 4,150,799
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 53,051
<INCOME-PRETAX> (5,172,754)
<INCOME-TAX> 0
<INCOME-CONTINUING> (5,172,754)
<DISCONTINUED> (379,355)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (5,552,109)
<EPS-PRIMARY> (.83)
<EPS-DILUTED> (.83)
</TABLE>
