2022 Q1 Form 10-Q Financial Statement
#000114036122017767 Filed on May 05, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.046M | $1.622M |
| YoY Change | -35.51% | 16.69% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $1.057M | $1.635M |
| YoY Change | -35.35% | 15.22% |
| Operating Profit | -$1.057M | -$1.635M |
| YoY Change | -35.35% | 15.22% |
| Interest Expense | $0.00 | $1.000K |
| YoY Change | -100.0% | -50.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$1.057M | -$1.634M |
| YoY Change | -35.31% | 15.31% |
| Income Tax | $0.00 | $1.000K |
| % Of Pretax Income | ||
| Net Earnings | -$1.057M | -$1.635M |
| YoY Change | -35.35% | 15.3% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.03 | -$0.04 |
| Diluted Earnings Per Share | -$25.95K | -$40.13K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 40.74M | 40.74M |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.121M | $6.547M |
| YoY Change | -67.6% | -7.98% |
| Cash & Equivalents | $2.121M | $6.547M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $2.121M | $6.547M |
| YoY Change | -67.6% | -7.98% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $40.00K | $33.00K |
| YoY Change | 21.21% | -99.39% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.121M | $6.547M |
| Total Long-Term Assets | $40.00K | $33.00K |
| Total Assets | $2.161M | $6.580M |
| YoY Change | -67.16% | -47.37% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $819.0K | $608.0K |
| YoY Change | 34.7% | -14.25% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $819.0K | $608.0K |
| YoY Change | 34.7% | -14.25% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $819.0K | $608.0K |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $819.0K | $608.0K |
| YoY Change | 34.7% | -14.25% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$537.6M | |
| YoY Change | 1.09% | |
| Common Stock | $548.8M | |
| YoY Change | 0.0% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $5.168M | |
| YoY Change | 0.0% | |
| Treasury Stock Shares | $5.672M | |
| Shareholders Equity | $1.342M | $5.972M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.161M | $6.580M |
| YoY Change | -67.16% | -47.37% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.057M | -$1.635M |
| YoY Change | -35.35% | 15.3% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | -$882.0K | -$1.378M |
| YoY Change | -35.99% | -132.32% |
| 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 | -882.0K | -1.378M |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 0.000 | |
| Net Change In Cash | -882.0K | -1.378M |
| YoY Change | -35.99% | -132.32% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$882.0K | -$1.378M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
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Current Fiscal Year End Date
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|
2022 | |
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|
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Entity Central Index Key
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Defined Contribution Plan Employer Discretionary Contribution Amount
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|
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Defined Contribution Plan Employer Discretionary Contribution Amount
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57000 | |
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1 | |
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Defined Contribution Plan Employer Matching Contribution Percent Of Match
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Loss Contingency Number Of Defendants
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4 | |
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Loss Contingency Number Of Separate Motions Filed To Dismiss Claims
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|
4 |
