2022 Q4 Form 10-Q Financial Statement

#000168316822007614 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q4
Revenue $22.52K $18.22K
YoY Change 67.71%
Cost Of Revenue $17.29K $17.03K
YoY Change 5.86%
Gross Profit $5.230K $1.194K
YoY Change -122.87%
Gross Profit Margin 23.22% 6.55%
Selling, General & Admin $1.092M $1.343M
YoY Change 159.99%
% of Gross Profit 20883.37% 112519.93%
Research & Development $239.8K $291.0K
YoY Change 5.7%
% of Gross Profit 4584.7% 24369.01%
Depreciation & Amortization $51.77K $47.14K
YoY Change
% of Gross Profit 989.87% 3948.07%
Operating Expenses $1.332M $1.634M
YoY Change 106.36%
Operating Profit -$1.327M -$1.633M
YoY Change 104.86%
Interest Expense -$2.070K $2.070K
YoY Change -98.77%
% of Operating Profit
Other Income/Expense, Net -$80.00 $227.00
YoY Change -100.01%
Pretax Income -$1.329M -$1.633M
YoY Change
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.329M -$1.633M
YoY Change -44.69%
Net Earnings / Revenue -5901.02% -8961.88%
Basic Earnings Per Share -$0.21
Diluted Earnings Per Share -$0.17 -$0.21
COMMON SHARES
Basic Shares Outstanding 7.822M shares 7.822M shares
Diluted Shares Outstanding 7.822M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.473M $2.656M
YoY Change
Cash & Equivalents $1.473M $2.666M $452.5K
Short-Term Investments
Other Short-Term Assets $496.9K $198.3K
YoY Change
Inventory
Prepaid Expenses
Receivables $18.57K $25.50K $6.280K
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.988M $2.880M $732.2K
YoY Change 171.54%
LONG-TERM ASSETS
Property, Plant & Equipment $3.346K $4.035K $12.64K
YoY Change -73.52%
Goodwill
YoY Change
Intangibles $1.214M $1.217M $1.145M
YoY Change 6.09%
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $1.218M $1.221M $1.157M
YoY Change 5.22%
TOTAL ASSETS
Total Short-Term Assets $1.988M $2.880M $732.2K
Total Long-Term Assets $1.218M $1.221M $1.157M
Total Assets $3.206M $4.101M $1.889M
YoY Change 69.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $462.2K $718.3K $1.065M
YoY Change -56.61%
Accrued Expenses $610.8K $450.2K
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 $1.418M $1.168M $7.619M
YoY Change -81.39%
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 $1.418M $1.168M $7.619M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.418M $1.168M $7.619M
YoY Change -81.39%
SHAREHOLDERS EQUITY
Retained Earnings -$39.91M -$38.58M -$31.89M
YoY Change 25.16%
Common Stock $79.00 $78.00 $9.00
YoY Change 777.78%
Preferred Stock $0.00 $0.00 $7.102M
YoY Change -100.0%
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.788M $2.933M -$5.729M
YoY Change
Total Liabilities & Shareholders Equity $3.206M $4.101M $1.889M
YoY Change 69.68%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income -$1.329M -$1.633M
YoY Change -44.69%
Depreciation, Depletion And Amortization $51.77K $47.14K
YoY Change
Cash From Operating Activities -$1.135M -$1.098M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $48.25K -$38.66K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$48.25K -$38.66K
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 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -1.135M -1.098M
Cash From Investing Activities -48.25K -38.66K
Cash From Financing Activities 0.000 0.000
Net Change In Cash -1.183M -1.137M
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$1.135M -$1.098M
Capital Expenditures $48.25K -$38.66K
Free Cash Flow -$1.183M -$1.059M
YoY Change

Facts In Submission

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