2022 Q1 Form 10-Q Financial Statement
#000149315222013871 Filed on May 16, 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 | $2.251M | $855.9K |
| YoY Change | 162.98% | -1.44% |
| % of Gross Profit | ||
| Research & Development | $396.5K | $29.98K |
| YoY Change | 1222.65% | -65.82% |
| % of Gross Profit | ||
| Depreciation & Amortization | $3.530K | $2.600K |
| YoY Change | 35.77% | 16.59% |
| % of Gross Profit | ||
| Operating Expenses | $2.760M | $890.7K |
| YoY Change | 209.83% | -7.38% |
| Operating Profit | -$2.760M | |
| YoY Change | ||
| Interest Expense | -$64.51K | $6.130K |
| YoY Change | -1152.37% | -126.62% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$457.0K | |
| YoY Change | ||
| Pretax Income | -$3.281M | -$884.6K |
| YoY Change | 270.93% | -10.17% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.281M | -$884.6K |
| YoY Change | 270.93% | -10.17% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.22 | |
| Diluted Earnings Per Share | -$215.6K | -$60.92K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 15.22M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.378M | $735.8K |
| YoY Change | 495.02% | |
| Cash & Equivalents | $4.378M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $483.6K | $225.0K |
| YoY Change | 114.95% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $22.61K | $6.440K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $4.884M | $967.2K |
| YoY Change | 404.98% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $3.982M | $2.125M |
| YoY Change | 87.37% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $0.00 | $500.8K |
| YoY Change | -100.0% | |
| Total Long-Term Assets | $5.481M | $2.626M |
| YoY Change | 108.71% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.884M | $967.2K |
| Total Long-Term Assets | $5.481M | $2.626M |
| Total Assets | $10.37M | $3.593M |
| YoY Change | 188.46% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $275.4K | $1.158M |
| YoY Change | -76.21% | |
| Accrued Expenses | $544.5K | $1.017M |
| YoY Change | -46.44% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.761M | $2.484M |
| YoY Change | -29.13% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $48.02K | $31.81K |
| YoY Change | 50.96% | |
| Other Long-Term Liabilities | $3.506M | $266.8K |
| YoY Change | 1214.42% | |
| Total Long-Term Liabilities | $3.555M | $298.6K |
| YoY Change | 1090.47% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.761M | $2.484M |
| Total Long-Term Liabilities | $3.555M | $298.6K |
| Total Liabilities | $5.315M | $2.783M |
| YoY Change | 91.0% | |
| 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 | $5.050M | $810.5K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.37M | $3.593M |
| YoY Change | 188.46% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
A1 | |
| CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
USD | |
| CY2022Q1 | AGRI |
Lease Deposit Non Current
LeaseDepositNonCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2022Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2022Q1 | us-gaap |
Preferred Stock Shares Authorized Unlimited
PreferredStockSharesAuthorizedUnlimited
|
Unlimited | |
| CY2021 | us-gaap |
Preferred Stock Shares Authorized Unlimited
PreferredStockSharesAuthorizedUnlimited
|
Unlimited | |
| CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2022Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
| CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
| CY2021 | us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | |
| CY2021Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
USD | |
| CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
USD | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q1 | AGRI |
Share Issued For Compensation
ShareIssuedForCompensation
|
USD | |
| CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
USD | |
| CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
USD | |
| CY2022Q1 | us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
USD | |
| CY2021Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
USD | |
| CY2022Q1 | AGRI |
Financing Costs Of Senior Secured Debentures
FinancingCostsOfSeniorSecuredDebentures
|
USD | |
| CY2022Q1 | us-gaap |
Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2022Q1 | AGRI |
Fair Value Of Warrants Liability
FairValueOfWarrantsLiability
|
USD | |
| CY2021Q1 | AGRI |
Non Cash Operating Lease Liability
NonCashOperatingLeaseLiability
|
USD | |
| CY2021Q1 | AGRI |
Non Cash Operating Lease Rightofuse Asset
NonCashOperatingLeaseRightofuseAsset
|
USD | |
| CY2022Q1 | AGRI |
Unpaid Initial Public Offering Costs
UnpaidInitialPublicOfferingCosts
|
USD |
