2022 Q1 Form 10-Q Financial Statement
#000147793222000229 Filed on January 13, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $1.240K |
YoY Change | |||
Cost Of Revenue | $0.00 | $560.00 | |
YoY Change | |||
Gross Profit | $0.00 | $680.00 | |
YoY Change | |||
Gross Profit Margin | 54.84% | ||
Selling, General & Admin | $1.933M | $123.8K | $130.2K |
YoY Change | 265.65% | -38.48% | 501.06% |
% of Gross Profit | 19145.59% | ||
Research & Development | $84.05K | $42.95K | $113.9K |
YoY Change | -52.87% | 177.31% | 21.05% |
% of Gross Profit | 16751.47% | ||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $2.017M | $166.8K | $244.1K |
YoY Change | 185.31% | -23.06% | -125.38% |
Operating Profit | -$2.017M | -$166.8K | -$243.4K |
YoY Change | 185.31% | -23.06% | |
Interest Expense | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Pretax Income | -$2.017M | -$166.8K | -$243.4K |
YoY Change | 185.31% | -23.05% | -125.71% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$2.017M | -$166.8K | -$243.4K |
YoY Change | 185.31% | -23.05% | -125.71% |
Net Earnings / Revenue | -19631.45% | ||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$53.99K | -$4.769K | -$6.980K |
COMMON SHARES | |||
Basic Shares Outstanding | 35.07M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q1 | 2021 Q4 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.440K | $1.240K | $1.770K |
YoY Change | 190.48% | -88.82% | -99.27% |
Cash & Equivalents | $145.00 | $1.237K | $1.768K |
Short-Term Investments | |||
Other Short-Term Assets | $15.83K | $0.00 | |
YoY Change | -68.34% | -100.0% | |
Inventory | $49.44K | $49.44K | $49.44K |
Prepaid Expenses | $15.83K | $0.00 | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $15.98K | $50.68K | $51.21K |
YoY Change | -68.57% | -17.05% | -82.51% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $15.98K | $50.68K | $51.21K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $15.98K | $50.68K | $51.21K |
YoY Change | -68.57% | -17.05% | -82.51% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $145.1K | $120.8K | $121.2K |
YoY Change | -49.93% | 122.66% | 75.23% |
Accrued Expenses | $100.00 | $100.00 | $100.00 |
YoY Change | 0.0% | 0.0% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.093M | $773.2K | $606.9K |
YoY Change | 277.01% | 1322.82% | 775.94% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.093M | $773.2K | $606.9K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $1.093M | $773.2K | $606.9K |
YoY Change | 277.01% | 1322.82% | 775.94% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.996M | -$1.871M | -$1.704M |
YoY Change | |||
Common Stock | $38.92K | $35.08K | $34.88K |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.077M | -$722.5K | -$555.7K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $15.98K | $50.68K | $51.21K |
YoY Change | -68.57% | -17.05% | -82.51% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q4 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.017M | -$166.8K | -$243.4K |
YoY Change | 185.31% | -23.05% | -125.71% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $1.200K | -$531.00 | -$6.040K |
YoY Change | -101.33% | -99.77% | -98.36% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
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 | $0.00 | 0.000 |
YoY Change | -100.0% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | 1.200K | -$531.00 | -6.040K |
Cash From Investing Activities | 0.000 | $0.00 | 0.000 |
Cash From Financing Activities | 0.000 | $0.00 | 0.000 |
Net Change In Cash | 1.200K | -$531.00 | -6.040K |
YoY Change | -111.71% | -99.77% | -102.49% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.200K | -$531.00 | -$6.040K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1237 | USD |
CY2022Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
35074605 | shares |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1768 | USD |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
49439 | USD |
CY2021Q3 | us-gaap |
Inventory Net
InventoryNet
|
49439 | USD |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
50676 | USD |
CY2021Q3 | us-gaap |
Assets Current
AssetsCurrent
|
51207 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
50676 | USD |
CY2021Q3 | us-gaap |
Assets
Assets
|
51207 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
120771 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
121239 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
652289 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
485603 | USD |
CY2021Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
100 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
100 | USD |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
773160 | USD |
CY2021Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
606942 | USD |
CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
0 | USD |
CY2021Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
0 | USD |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
773160 | USD |
CY2021Q3 | us-gaap |
Liabilities
Liabilities
|
606942 | USD |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
CY2021Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
35074605 | shares |
CY2021Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34874605 | shares |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
35075 | USD |
CY2021Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
34875 | USD |
CY2021Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
320000 | shares |
CY2021Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
520000 | shares |
CY2021Q4 | us-gaap |
Common Unit Issuance Value
CommonUnitIssuanceValue
|
80000 | USD |
CY2021Q3 | us-gaap |
Common Unit Issuance Value
CommonUnitIssuanceValue
|
180000 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1033448 | USD |
CY2021Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
933648 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1871007 | USD |
CY2021Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1704258 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-722484 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-555735 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
50676 | USD |
CY2021Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
51207 | USD |
CY2021Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
108465 | USD |
CY2020Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
184563 | USD |
CY2021Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
42950 | USD |
CY2020Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
15488 | USD |
CY2021Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15335 | USD |
CY2020Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16667 | USD |
CY2021Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
166750 | USD |
CY2020Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
216718 | USD |
CY2021Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-166750 | USD |
CY2020Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-216718 | USD |
CY2021Q4 | agtx |
Interest Income
InterestIncome
|
0 | USD |
CY2020Q4 | agtx |
Interest Income
InterestIncome
|
-5 | USD |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-166750 | USD |
CY2020Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-216713 | USD |
CY2021Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2020Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-166750 | USD |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-216713 | USD |
CY2021Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2020Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2021Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34965716 | shares |
CY2020Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34489605 | shares |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-555735 | USD |
CY2021Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-166750 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-722484 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
223462 | USD |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-216713 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6749 | USD |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-166750 | USD |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-216713 | USD |
CY2021Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
166219 | USD |
CY2020Q4 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-14949 | USD |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-531 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-231662 | USD |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD |
CY2021Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD |
CY2020Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-531 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-231662 | USD |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1768 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
242750 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1237 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11088 | USD |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
320000 | shares |
CY2021Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
520000 | shares |
CY2021Q4 | agtx |
Shares Reserved For Future Issuance Amount
SharesReservedForFutureIssuanceAmount
|
80000 | USD |
CY2021Q3 | agtx |
Shares Reserved For Future Issuance Amount
SharesReservedForFutureIssuanceAmount
|
180000 | USD |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
35074605 | shares |
CY2021Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
34874605 | shares |
CY2021Q4 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
200000 | shares |
CY2021Q4 | us-gaap |
Share Price
SharePrice
|
0.50 |