2021 Q4 Form 10-K Financial Statement
#000121390022019786 Filed on April 14, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $86.52K | $680.0K | $240.0K |
| YoY Change | 332.6% | 183.33% | 500.0% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $86.52K | $690.0K | $250.0K |
| YoY Change | 332.6% | 176.0% | 525.0% |
| Operating Profit | -$681.9K | ||
| YoY Change | |||
| Interest Expense | -$171.1K | -$680.0K | -$630.0K |
| YoY Change | 14.07% | 7.94% | -1.56% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $2.100K | $10.00K | $10.00K |
| YoY Change | 0.0% | 0.0% | |
| Pretax Income | -$58.24K | -$1.130M | -$490.0K |
| YoY Change | -164.71% | 130.61% | -27.94% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$58.24K | -$1.130M | -$490.0K |
| YoY Change | -164.71% | 130.61% | -27.94% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | -$0.42 | ||
| Diluted Earnings Per Share | -$21.78K | -$423.2K | -$187.0K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 2.675M shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $2.360K | $0.00 | $0.00 |
| YoY Change | |||
| Cash & Equivalents | $2.363K | ||
| Short-Term Investments | |||
| Other Short-Term Assets | $0.00 | $0.00 | $40.00K |
| YoY Change | -100.0% | -100.0% | |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $2.363K | $0.00 | $40.00K |
| YoY Change | -94.09% | -100.0% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.884M | $3.880M | $3.880M |
| YoY Change | 0.09% | 0.0% | 0.0% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $3.884M | $3.890M | $3.880M |
| YoY Change | 0.09% | 0.26% | -0.26% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.363K | $0.00 | $40.00K |
| Total Long-Term Assets | $3.884M | $3.890M | $3.880M |
| Total Assets | $3.886M | $3.890M | $3.920M |
| YoY Change | -0.87% | -0.77% | 0.77% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.148M | $1.150M | $1.400M |
| YoY Change | -18.02% | -17.86% | -34.27% |
| Accrued Expenses | $6.460M | $6.460M | $5.780M |
| YoY Change | 11.77% | 11.76% | 16.53% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $3.692M | $3.690M | $3.030M |
| YoY Change | 21.84% | 21.78% | 7.45% |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $11.30M | $11.30M | $10.21M |
| YoY Change | 10.67% | 10.68% | 3.03% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $11.30M | $11.30M | $10.21M |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $11.30M | $11.30M | $10.21M |
| YoY Change | 10.67% | 10.68% | 3.03% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$105.5M | ||
| YoY Change | |||
| Common Stock | $2.674K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$17.41M | -$7.410M | -$6.290M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $3.886M | $3.890M | $3.920M |
| YoY Change | -0.87% | -0.77% | 0.77% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000773717 | |
| CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
USD | |
| CY2021 | smpr |
Loss On Modification Of Options And Warrants
LossOnModificationOfOptionsAndWarrants
|
USD | |
| CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-16286430 | USD |
| CY2021 | smpr |
Loss On Modification Of Options And Warrants
LossOnModificationOfOptionsAndWarrants
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
USD | |
| CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2021 | smpr |
Expenses Paid By Exercise Of Options And Warrants
ExpensesPaidByExerciseOfOptionsAndWarrants
|
USD | |
| CY2021 | smpr |
Expenses Prepaid By Exercise Of Options And Warrants
ExpensesPrepaidByExerciseOfOptionsAndWarrants
|
USD | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021 | smpr |
Related Party Promissory Note Settled By Exercise Of Options
RelatedPartyPromissoryNoteSettledByExerciseOfOptions
|
USD | |
| CY2020 | smpr |
Related Party Promissory Note Settled By Exercise Of Options
RelatedPartyPromissoryNoteSettledByExerciseOfOptions
|
USD | |
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
| CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | smpr |
Stock Issued During Period Shares Stock Options Exercised1
StockIssuedDuringPeriodSharesStockOptionsExercised1
|
shares | |
| CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
||
| CY2020 | smpr |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term Exercised
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTermExercised
|
||
| CY2021 | smpr |
Granted
Granted
|
shares | |
| CY2021 | smpr |
Exercised
Exercised
|
shares | |
| CY2021 | smpr |
Class Of Warrant Or Right Exercised In Period Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisedInPeriodWeightedAverageExercisePriceOfWarrantsOrRights
|
||
| CY2021 | smpr |
Share Based Compensation Arrangements By Share Based Payment Award Options Range Of Exercise Price Exercised
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsRangeOfExercisePriceExercised
|
||
| CY2021 | smpr |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term Exercised
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTermExercised
|
||
| CY2021Q4 | smpr |
Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
|
||
| CY2021Q4 | smpr |
Share Based Compensation Arrangements By Share Based Payment Award Options Range Of Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsRangeOfExercisePrice
|
||
| CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
||
| CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
pure | |
| CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
pure | |
| CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD |
