SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
Quarterly Report under Section 13 or 15(d)
of the Securities Exchange Act of 1934
For Quarter Ended November 30, 1996 Commission File Number 0-1738
GENERAL KINETICS INCORPORATED
(Exact Name of Registrant as Specified in its Charter)
Virginia 54-0594435
(State or Other Jurisdiction of (I.R.S. Employer Identification No.)
Incorporation or Organization)
14130-C Sullyfield Circle, Chantilly, VA 20151
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code 703-802-9300
Indicate by checkmark whether the Registrant
(1) has filed all reports required to be
filed by Section 13 or 15(d) 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 X No
The number of shares of Registrant's Common Stock
outstanding as of January 5, 1997 6,508,925 Shares
<PAGE>
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.
GENERAL KINETICS INCORPORATED
Date: January 31, 1997 /s/ Sandy B. Sewitch
-------------------------- ---------------------------------
Chief Financial Officer
(Principal Accounting Officer and
Principal Financial Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-1997
<PERIOD-END> NOV-30-1996
<CASH> 319,500
<SECURITIES> 0
<RECEIVABLES> 1,790,300
<ALLOWANCES> 168,000
<INVENTORY> 562,000
<CURRENT-ASSETS> 4,871,200
<PP&E> 4,849,600
<DEPRECIATION> 3,609,500
<TOTAL-ASSETS> 6,125,900
<CURRENT-LIABILITIES> 2,397,900
<BONDS> 9,755,500
0
0
<COMMON> 1,759,000
<OTHER-SE> (8,059,100)
<TOTAL-LIABILITY-AND-EQUITY> 6,125,900
<SALES> 4,726,900
<TOTAL-REVENUES> 4,726,900
<CGS> 3,428,300
<TOTAL-COSTS> 3,428,300
<OTHER-EXPENSES> 932,200
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 202,000
<INCOME-PRETAX> 164,400
<INCOME-TAX> 0
<INCOME-CONTINUING> 164,400
<DISCONTINUED> (240,700)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (76,300)
<EPS-PRIMARY> .00
<EPS-DILUTED> .00
</TABLE>