2022 Q1 Form 10-Q Financial Statement
#000149315222013174 Filed on May 13, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $346.0K |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $4.224M |
| YoY Change | -35.71% |
| % of Gross Profit | |
| Research & Development | $10.55M |
| YoY Change | 46.26% |
| % of Gross Profit | |
| Depreciation & Amortization | $811.0K |
| YoY Change | -1.1% |
| % of Gross Profit | |
| Operating Expenses | $14.77M |
| YoY Change | 1.16% |
| Operating Profit | -$20.59M |
| YoY Change | |
| Interest Expense | -$200.0K |
| YoY Change | -85.82% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$1.260M |
| YoY Change | |
| Pretax Income | -$20.79M |
| YoY Change | 29.94% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$20.79M |
| YoY Change | 29.94% |
| Net Earnings / Revenue | -6008.96% |
| Basic Earnings Per Share | -$3.80 |
| Diluted Earnings Per Share | -$3.588M |
| COMMON SHARES | |
| Basic Shares Outstanding | 5.795M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $31.32M |
| YoY Change | -63.92% |
| Cash & Equivalents | $20.33M |
| Short-Term Investments | $10.99M |
| Other Short-Term Assets | $7.889M |
| YoY Change | 338.28% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $39.20M |
| YoY Change | -55.75% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $15.95M |
| YoY Change | -9.9% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $20.00K |
| YoY Change | -98.33% |
| Total Long-Term Assets | $15.97M |
| YoY Change | -69.76% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $39.20M |
| Total Long-Term Assets | $15.97M |
| Total Assets | $55.17M |
| YoY Change | -60.98% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.601M |
| YoY Change | -35.96% |
| Accrued Expenses | $6.028M |
| YoY Change | 31.04% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $12.34M |
| YoY Change | -69.76% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Other Long-Term Liabilities | $11.39M |
| YoY Change | 127.84% |
| Total Long-Term Liabilities | $11.39M |
| YoY Change | 83.74% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $12.34M |
| Total Long-Term Liabilities | $11.39M |
| Total Liabilities | $23.73M |
| YoY Change | -49.51% |
| 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 | $31.44M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $55.17M |
| YoY Change | -60.98% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q1 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
USD | |
| CY2021Q1 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
USD | |
| CY2021Q1 | us-gaap |
Impairment Of Ongoing Project
ImpairmentOfOngoingProject
|
USD | |
| CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
USD | |
| CY2021Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
USD | |
| CY2021Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
USD | |
| CY2021Q1 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
USD | |
| CY2021Q1 | us-gaap |
Impairment Of Ongoing Project
ImpairmentOfOngoingProject
|
USD | |
| CY2021Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
USD | |
| CY2021 | us-gaap |
Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
USD | |
| CY2021Q4 | abeo |
Construction In Progress Impairment
ConstructionInProgressImpairment
|
USD | |
| CY2021Q4 | abeo |
Finite Lived Impairment Charge
FiniteLivedImpairmentCharge
|
USD | |
| CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
USD | |
| CY2022Q1 | abeo |
Accrued Sublicense Fee Owed To Licensor
AccruedSublicenseFeeOwedToLicensor
|
USD |
