<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
AMENDMENT NO. 1
(Mark One)
[X] Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the quarterly period
ended September 30, 1995.
or
[ ] Transition Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the transition period
from --------- to --------
Commission File Number: 0-12697
Dynatronics Corporation
- ------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Utah 87-0398434
- -------------------------- --------------------
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification
No.)
7030 Park Centre Drive, Salt Lake City, UT 84121
- ------------------------------------------ ----------
(Address of principal executive offices) (ZIP
Code)
(801) 568-7000
- ------------------------------------------------------------
(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 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.
X Yes No
------ ------
The number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date
is:
Class Outstanding at September 30, 1995
- ----------------------- --------------------------------
Common Stock, No Par Value 7,964,397 shares
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PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
--------------------------------
A) EX-27
B) Not applicable.
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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.
DYNATRONICS CORPORATION
Registrant
Date 12/28/95 /s/ Kelvyn H. Cullimore, Jr.
---------------------- ----------------------------
Kelvyn H. Cullimore, Jr.
President
Chief Executive Officer
Date 12/28/95 /s/ Keith E. Turner
---------------------- ----------------------------
Keith E. Turner
Treasurer
Chief Accounting Officer and
Principal Financial Officer
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM BALANCE SHEET AND STATEMENT OF INCOME 9-30-95
AND IS QUALIFIED IN ITS ENTIRETY BY SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-START> JUL-01-1995
<PERIOD-END> SEP-30-1995
<CASH> 555,914
<SECURITIES> 0
<RECEIVABLES> 1,108,232
<ALLOWANCES> 54,797
<INVENTORY> 1,856,608
<CURRENT-ASSETS> 3,855,328
<PP&E> 3,245,419
<DEPRECIATION> 610,967
<TOTAL-ASSETS> 7,183,792
<CURRENT-LIABILITIES> 513,701
<BONDS> 2,163,148
<COMMON> 1,675,082
0
0
<OTHER-SE> 2,612,785
<TOTAL-LIABILITY-AND-EQUITY> 7,183,792
<SALES> 1,329,939
<TOTAL-REVENUES> 1,329,939
<CGS> 716,008
<TOTAL-COSTS> 716,008
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 39,674
<INCOME-PRETAX> 4,211
<INCOME-TAX> 1,314
<INCOME-CONTINUING> 2,897
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,897
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>