2021 Q4 Form 10-K Financial Statement

#000114036122011171 Filed on March 25, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.053M $5.140M $1.740M
YoY Change -39.48% -7.42% 98.63%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.075M $5.208M $1.760M
YoY Change -38.92% -7.66% 95.34%
Operating Profit -$5.208M
YoY Change -7.66%
Interest Expense $0.00 $1.000K $1.000K
YoY Change -100.0% -87.5% -85.71%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$1.075M -$5.207M -$1.759M
YoY Change -38.89% -7.55% 96.76%
Income Tax $0.00 $1.000K $0.00
% Of Pretax Income
Net Earnings -$1.075M -$5.208M -$1.759M
YoY Change -38.89% -7.07% 96.76%
Net Earnings / Revenue
Basic Earnings Per Share -$0.13
Diluted Earnings Per Share -$26.39K -$127.8K -$43.18K
COMMON SHARES
Basic Shares Outstanding 40.74M 40.74M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.003M $3.003M $7.925M
YoY Change -62.11% -62.11% 177.97%
Cash & Equivalents $3.003M $3.003M $7.925M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.003M $3.003M $7.925M
YoY Change -62.11% -62.11% 177.97%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change -100.0%
Total Long-Term Assets $80.00K $80.00K $65.00K
YoY Change 23.08% 23.08% -99.4%
TOTAL ASSETS
Total Short-Term Assets $3.003M $3.003M $7.925M
Total Long-Term Assets $80.00K $80.00K $65.00K
Total Assets $3.083M $3.083M $7.990M
YoY Change -61.41% -61.41% -41.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $684.0K $684.0K $0.00
YoY Change 78.59% -100.0%
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 $684.0K $684.0K
YoY Change 78.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $684.0K $684.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $684.0K $684.0K $383.0K
YoY Change 78.59% 78.59% -7.49%
SHAREHOLDERS EQUITY
Retained Earnings -$541.2M -$536.0M
YoY Change 0.97% 1.06%
Common Stock $548.8M $548.8M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.168M $5.168M
YoY Change 0.0% 0.0%
Treasury Stock Shares $5.672M $5.672M
Shareholders Equity $2.399M $2.399M $7.607M
YoY Change
Total Liabilities & Shareholders Equity $3.083M $3.083M $7.990M
YoY Change -61.41% -61.41% -41.36%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$1.075M -$5.208M -$1.759M
YoY Change -38.89% -7.07% 96.76%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.040M -$4.922M -$1.961M
YoY Change -46.97% -197.0% 78.6%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
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
YoY Change
NET CHANGE
Cash From Operating Activities -1.040M -4.922M -1.961M
Cash From Investing Activities
Cash From Financing Activities 0.000
Net Change In Cash -1.040M -4.922M -1.961M
YoY Change -46.97% -197.0% 78.6%
FREE CASH FLOW
Cash From Operating Activities -$1.040M -$4.922M -$1.961M
Capital Expenditures
Free Cash Flow
YoY Change

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