SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q/A
-------------
QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
AMENDED
For Quarter Ended July 31, 1995
Commission File Number 0-11518
PPT VISION, INC.
----------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
MINNESOTA 41-1413345
----------------------------------------------------------------------
(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
10321 West 70th Street Eden Prairie, Minnesota 55344
----------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
(612) 942-5747
----------------------------------------------------------------------
(Registrant's telephone number including area code)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 of 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 last 90 days. Yes X No
Shares of $0.10 par value common stock outstanding at August 28, 1995:
2,347,325
Total pages this report: 12
Page: 1
Page-1
<PAGE>
<TABLE>
INDEX
PPT VISION, INC.
Page
Part I. Financial Information
- ------- ---------------------
<S> <C>
Item 1. Financial Statements
Balance Sheets--as of July 31, 1995 and 3
October 31, 1994
Statement of Operations for the Three-Month and 4
Nine-Month Periods ended July 31, 1995 and
July 31, 1994
Statement of Cash Flows--Nine-Month Periods 5
ended July 31, 1995 and July 31, 1994
Notes to Financial Statements--July 31, 1995 6
Item 2. Management's Discussion and Analysis of 7
Financial Condition and Results of Operations
Part II. Other Information 10
- -------- -----------------
Item 1. Legal Proceedings
Item 2. Changes in Securities
Item 3. Defaults Upon Senior Securities
Item 4. Submission of Matters to a Vote of Security Holders
Item 5. Other Information
Item 6. Exhibits and Reports on Form 8-K
Signatures 11
----------
</TABLE>
Page-2
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
--------------------------------
a. Exhibits:
1. Exhibit 11 - Calculation of Earnings/(Loss) per Share
2. Exhibit 27 - Financial Data Schedule
b. Reports on Form 8-K
None
Page-10
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf of the undersigned
duly authorized.
PPT VISION, INC.
Date: October 20, 1995
/s/Thomas R. Northenscold
------------------------------
Thomas R. Northenscold
Chief Financial Officer
Page-11
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> JUL-31-1995
<CASH> 1,434,656
<SECURITIES> 0
<RECEIVABLES> 2,204,587
<ALLOWANCES> (64,428)
<INVENTORY> 671,949
<CURRENT-ASSETS> 4,393,583
<PP&E> 2,034,984
<DEPRECIATION> 1,478,867
<TOTAL-ASSETS> 4,949,700
<CURRENT-LIABILITIES> 760,401
<BONDS> 0
<COMMON> 234,334
0
255,952
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 4,949,700
<SALES> 6,746,037
<TOTAL-REVENUES> 6,746,037
<CGS> 3,131,900
<TOTAL-COSTS> 3,131,900
<OTHER-EXPENSES> 3,251,971
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,436
<INCOME-PRETAX> 404,180
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 404,180
<EPS-PRIMARY> .13
<EPS-DILUTED> .13
</TABLE>
