2020 Q4 Form 10-Q Financial Statement
#000114036120025183 Filed on November 10, 2020
Income Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $1.740M | $1.482M | $994.0K |
YoY Change | 98.63% | 49.09% | 16.8% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $1.760M | $1.494M | $1.035M |
YoY Change | 95.34% | 44.35% | 17.88% |
Operating Profit | -$1.494M | -$1.035M | |
YoY Change | 44.35% | 17.88% | |
Interest Expense | $1.000K | $1.000K | $0.00 |
YoY Change | -85.71% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$1.759M | -$1.493M | -$1.025M |
YoY Change | 96.76% | 45.66% | 16.88% |
Income Tax | $0.00 | -$30.00K | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.759M | -$1.463M | -$1.025M |
YoY Change | 96.76% | 42.73% | 16.61% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.04 | -$0.03 | |
Diluted Earnings Per Share | -$43.18K | -$35.91K | -$25.16K |
COMMON SHARES | |||
Basic Shares Outstanding | 40.74M | 40.74M | 40.74M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.925M | $9.886M | $3.949M |
YoY Change | 177.97% | 150.34% | 545.26% |
Cash & Equivalents | $7.925M | $9.886M | $3.949M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $7.925M | $9.886M | $3.949M |
YoY Change | 177.97% | 150.34% | 545.26% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $0.00 | $10.74M |
YoY Change | -100.0% | -100.0% | -46.54% |
Total Long-Term Assets | $65.00K | $65.00K | $10.79M |
YoY Change | -99.4% | -99.4% | -46.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $7.925M | $9.886M | $3.949M |
Total Long-Term Assets | $65.00K | $65.00K | $10.79M |
Total Assets | $7.990M | $9.951M | $14.74M |
YoY Change | -41.36% | -32.48% | -28.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $0.00 | $585.0K | $633.0K |
YoY Change | -100.0% | -7.58% | 48.94% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $585.0K | $633.0K | |
YoY Change | -7.58% | 48.94% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $585.0K | $633.0K | |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $383.0K | $585.0K | $633.0K |
YoY Change | -7.49% | -7.58% | -80.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$536.0M | -$534.2M | -$529.5M |
YoY Change | 1.06% | 0.9% | |
Common Stock | $548.8M | $548.8M | $548.8M |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $5.168M | $5.168M | $5.168M |
YoY Change | 0.0% | 0.0% | |
Treasury Stock Shares | $5.672M | $5.672M | $5.672M |
Shareholders Equity | $7.607M | $9.366M | $14.11M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.990M | $9.951M | $14.74M |
YoY Change | -41.36% | -32.48% | -28.98% |
Cashflow Statement
Concept | 2020 Q4 | 2020 Q3 | 2019 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.759M | -$1.463M | -$1.025M |
YoY Change | 96.76% | 42.73% | 16.61% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$1.961M | $4.040M | -$818.0K |
YoY Change | 78.6% | -593.89% | -19.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.961M | 4.040M | -818.0K |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
Net Change In Cash | -1.961M | 4.040M | -818.0K |
YoY Change | 78.6% | -593.89% | 7.92% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.961M | $4.040M | -$818.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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abcp |
Repayment Of Litigation Funding Agreement
RepaymentOfLitigationFundingAgreement
|
0 | ||
abcp |
Deferred Tax Asset Reclassified To Federal Income Tax Receivable
DeferredTaxAssetReclassifiedToFederalIncomeTaxReceivable
|
5370000 | ||
abcp |
Deferred Tax Asset Reclassified To Federal Income Tax Receivable
DeferredTaxAssetReclassifiedToFederalIncomeTaxReceivable
|
0 | ||
abcp |
Proceeds From Litigation Funding Agreement
ProceedsFromLitigationFundingAgreement
|
0 | ||
abcp |
Proceeds From Litigation Funding Agreement
ProceedsFromLitigationFundingAgreement
|
470000 | ||
CY2013Q1 | abcp |
Amount Paid For Federal Income Taxes Attributable To Alternative Minimum Tax Rate Resulting From Sgw2012 Settlement Agreement
AmountPaidForFederalIncomeTaxesAttributableToAlternativeMinimumTaxRateResultingFromSGW2012SettlementAgreement
|
501000 | |
CY2014Q1 | abcp |
Subordinated Participation Interest To Ceo
SubordinatedParticipationInterestToCeo
|
0.1 | |
CY2014Q1 | abcp |
Percentage Of Distribution On Company S Initial Investment To Be Received Prior To Ceo Receiving Percentage Distribution
PercentageOfDistributionOnCompanySInitialInvestmentToBeReceivedPriorToCEOReceivingPercentageDistribution
|
1.5 | |
abcp |
Equity Method Investment Description Of Distribution
EquityMethodInvestmentDescriptionOfDistribution
|
The JV Agreement and related operating agreements generally provide that all distributable cash shall be distributed as follows: (i) first, 100% to the members in proportion to their percentage interests until Investment LLC has received distributions yielding a 20% internal rate of return as calculated; (ii) second, 100% to the Sponsor as a return of (but not a return on) any additional capital contributions made by the Sponsor on account of manager overruns; and (iii) thereafter, (a) 50% to the members in proportion to their respective percentage interests at the time of such distribution, and (b) 50% to the Sponsor. | ||
CY2020Q3 | abcp |
Shares Acquired Pursuant To Repurchase Plan
SharesAcquiredPursuantToRepurchasePlan
|
6226000 |