2021 Q3 Form 10-Q Financial Statement
#000149315221028506 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 |
|---|---|
| Revenue | |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $6.092M |
| YoY Change | 37.52% |
| % of Gross Profit | |
| Research & Development | $7.978M |
| YoY Change | 0.1% |
| % of Gross Profit | |
| Depreciation & Amortization | $802.0K |
| YoY Change | -5.65% |
| % of Gross Profit | |
| Operating Expenses | $14.87M |
| YoY Change | 12.24% |
| Operating Profit | -$14.87M |
| YoY Change | |
| Interest Expense | -$673.0K |
| YoY Change | -32.02% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$7.044M |
| YoY Change | -2.71% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$7.044M |
| YoY Change | -2.71% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | -$1.80 |
| Diluted Earnings Per Share | -$1.797M |
| COMMON SHARES | |
| Basic Shares Outstanding | 3.924M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $67.00M |
| YoY Change | -30.86% |
| Cash & Equivalents | $43.78M |
| Short-Term Investments | $23.22M |
| Other Short-Term Assets | $907.0K |
| YoY Change | 29.57% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $67.91M |
| YoY Change | -35.08% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $16.08M |
| YoY Change | -17.13% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $1.159M |
| YoY Change | 5.36% |
| Total Long-Term Assets | $51.11M |
| YoY Change | -6.73% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $67.91M |
| Total Long-Term Assets | $51.11M |
| Total Assets | $119.0M |
| YoY Change | -25.33% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.861M |
| YoY Change | 43.15% |
| Accrued Expenses | $4.316M |
| YoY Change | -18.57% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Long-Term Debt Due | $0.00 |
| YoY Change | |
| Total Short-Term Liabilities | $26.47M |
| YoY Change | -31.59% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $12.80M |
| YoY Change | 132.76% |
| Total Long-Term Liabilities | $12.80M |
| YoY Change | 132.76% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $26.47M |
| Total Long-Term Liabilities | $12.80M |
| Total Liabilities | $39.28M |
| YoY Change | -11.34% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | |
| YoY Change | |
| Common Stock | |
| YoY Change | |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $79.74M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $119.0M |
| YoY Change | -25.33% |
Cashflow Statement
| Concept | 2021 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$7.044M |
| YoY Change | -2.71% |
| Depreciation, Depletion And Amortization | $802.0K |
| YoY Change | -5.65% |
| Cash From Operating Activities | -$10.33M |
| YoY Change | -3.42% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$402.0K |
| YoY Change | 48.89% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $27.17M |
| YoY Change | 458.95% |
| Cash From Investing Activities | $26.76M |
| YoY Change | 484.34% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 173.0K |
| YoY Change | |
| NET CHANGE | |
| Cash From Operating Activities | -10.33M |
| Cash From Investing Activities | 26.76M |
| Cash From Financing Activities | 173.0K |
| Net Change In Cash | 16.60M |
| YoY Change | -371.27% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$10.33M |
| Capital Expenditures | -$402.0K |
| Free Cash Flow | -$9.932M |
| YoY Change | -4.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.096 | pure |
| CY2021Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
USD | |
| CY2020Q4 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
USD | |
| CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
USD | |
| CY2021Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
USD | |
| us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
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Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | ||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| CY2020Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
USD | |
| us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
USD | ||
| CY2020Q3 | abeo |
Ppp Loan Payable Forgiveness Income
PppLoanPayableForgivenessIncome
|
USD | |
| CY2020Q3 | abeo |
Gain On Settlement Of Related Party
GainOnSettlementOfRelatedParty
|
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| abeo |
Gain On Settlement Of Related Party
GainOnSettlementOfRelatedParty
|
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| abeo |
Ppp Loan Payable Forgiveness Income
PppLoanPayableForgivenessIncome
|
USD | ||
| CY2020Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
USD | |
| us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
USD | ||
| CY2021Q3 | abeo |
Stock Issued During Period Value Share Issuance Of Common Stock In Connection With Restricted Share Awards Net Of Cancellations
StockIssuedDuringPeriodValueShareIssuanceOfCommonStockInConnectionWithRestrictedShareAwardsNetOfCancellations
|
USD | |
| CY2020Q3 | abeo |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Intrinsic Value Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsIntrinsicValueForfeitedInPeriod
|
USD | |
| abeo |
Stock Issued During Period Value Share Issuance Of Common Stock In Connection With Restricted Share Awards Net Of Cancellations
StockIssuedDuringPeriodValueShareIssuanceOfCommonStockInConnectionWithRestrictedShareAwardsNetOfCancellations
|
USD | ||
| abeo |
Stock Issued During Period Value Share Issuance Of Common Stock In Connection With Restricted Share Awards Net Of Cancellations
StockIssuedDuringPeriodValueShareIssuanceOfCommonStockInConnectionWithRestrictedShareAwardsNetOfCancellations
|
USD | ||
| us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
USD | ||
| abeo |
Gain On Settlement Of Related Party
GainOnSettlementOfRelatedParty
|
USD | ||
| abeo |
Ppp Loan Payable Forgiveness Income
PppLoanPayableForgivenessIncome
|
USD | ||
| us-gaap |
Interest Expense Other
InterestExpenseOther
|
USD | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
USD |
