2021 Q4 Form 10-K Financial Statement
#000114036122011171 Filed on March 25, 2022
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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501000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
39680000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
38140000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
39680000 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
38140000 | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 |