BOLT TECHNOLOGY CORP
10-Q/A, 1995-12-29
OIL & GAS FIELD MACHINERY & EQUIPMENT
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<PAGE>
 
                                  FORM 10-Q/A
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

(X)   Quarterly report pursuant to Section 13 or 15 (d) of the Securities
      Exchange Act of 1934

( )   Transition report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

                    --------------------------------------

For the quarter ended September 30, 1995             Commission File No. 
                                                            0-10723

                          BOLT TECHNOLOGY CORPORATION
                          ---------------------------
             (Exact name of Registrant as specified in its charter)


                   CONNECTICUT                       06-0773922
                  ------------                       -----------
      (State or other jurisdiction of    (I.R.S. Employer Identification No.)
       incorporation or organization)

           FOUR DUKE PLACE, NORWALK, CONNECTICUT              06854
           --------------------------------------------------------
           (Address of principal executive offices)      (Zip Code)


                                  203-853-0700
                                  ------------
              (Registrant's telephone number, including area code)

Indicate by a check mark whether the registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange 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 X   No 
                                        -      -  

The number of Shares outstanding of the Registrant's common stock as of October
16, 1995 was:

               Common Stock, without par value- 4,971,431 shares

                                      (1)
<PAGE>
 
                          BOLT TECHNOLOGY CORPORATION
                          ---------------------------


                           PART II- OTHER INFORMATION
                           --------------------------

Item 6- Exhibits and Reports on Form 8-K
- ----------------------------------------

         (a) Exhibits.
            ----------
              (27)  Financial Data Schedule.

         (b) Report on Form 8-K.
             -------------------
              No reports on Form 8-K were filed by the Company during July,
August or September 1995.
 
                                   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 thereunto duly authorized.



                              /s/ Raymond M. Soto
                              -------------------
                              President and Treasurer
                              (Principal Executive Officer and
                                Principal Financial Officer)


                              /s/ Alan Levy
                              -------------
                              Vice President-Finance and
                              Secretary
                              (Principal Accounting Officer)


 



December 29, 1995
 

                                      (2)

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1996
<PERIOD-START>                             JUL-01-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                          203000
<SECURITIES>                                         0
<RECEIVABLES>                                  1711000
<ALLOWANCES>                                         0
<INVENTORY>                                    1727000
<CURRENT-ASSETS>                               4158000
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                                 4918000
<CURRENT-LIABILITIES>                          1002000
<BONDS>                                              0
                                0
                                          0
<COMMON>                                      24660000
<OTHER-SE>                                  (20744000)
<TOTAL-LIABILITY-AND-EQUITY>                   4918000
<SALES>                                        1959000
<TOTAL-REVENUES>                               2129000
<CGS>                                          1072000
<TOTAL-COSTS>                                  1325000
<OTHER-EXPENSES>                                542000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                8000
<INCOME-PRETAX>                                 254000
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             254000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    254000
<EPS-PRIMARY>                                      .05
<EPS-DILUTED>                                      .05
        

</TABLE>


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