2021 Q4 Form 10-Q Financial Statement
#000110465921146250 Filed on December 03, 2021
Income Statement
| Concept | 2021 Q4 | 2021 Q3 |
|---|---|---|
| Revenue | $37.56M | $34.65M |
| YoY Change | 64.41% | 94.26% |
| Cost Of Revenue | $12.17M | $10.67M |
| YoY Change | 73.47% | 80.76% |
| Gross Profit | $25.38M | $23.98M |
| YoY Change | 60.39% | 100.95% |
| Gross Profit Margin | 67.58% | 69.21% |
| Selling, General & Admin | $35.71M | $12.72M |
| YoY Change | 340.65% | 80.32% |
| % of Gross Profit | 140.67% | 53.04% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.933M | $1.641M |
| YoY Change | 30.96% | 14.59% |
| % of Gross Profit | 7.62% | 6.84% |
| Operating Expenses | $37.64M | $14.36M |
| YoY Change | 292.93% | 69.23% |
| Operating Profit | -$12.26M | $9.620M |
| YoY Change | -296.24% | 179.0% |
| Interest Expense | -$1.565M | -$1.566M |
| YoY Change | 130.15% | 196.03% |
| % of Operating Profit | -16.28% | |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$13.82M | $8.054M |
| YoY Change | -348.33% | 175.92% |
| Income Tax | $329.0K | $0.00 |
| % Of Pretax Income | 0.0% | |
| Net Earnings | -$393.0K | $8.054M |
| YoY Change | -107.06% | 175.92% |
| Net Earnings / Revenue | -1.05% | 23.24% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$254.3K | $144.8K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 55.64M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q4 | 2021 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $25.35M | $20.74M |
| YoY Change | ||
| Cash & Equivalents | $25.35M | $10.00 |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.093M | $825.0K |
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $29.44M | $10.00 |
| YoY Change | 154.61% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $13.63M | $30.23M |
| YoY Change | 91.71% | |
| Goodwill | $81.70M | |
| YoY Change | 0.0% | |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.742M | $1.682M |
| YoY Change | 12.82% | |
| Total Long-Term Assets | $171.1M | $0.00 |
| YoY Change | 1.83% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $29.44M | $10.00 |
| Total Long-Term Assets | $171.1M | $0.00 |
| Total Assets | $200.6M | $10.00 |
| YoY Change | 11.66% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.670M | $1.386M |
| YoY Change | 143.84% | |
| Accrued Expenses | $4.103M | $6.506M |
| YoY Change | 606.2% | |
| Deferred Revenue | $2.810M | |
| YoY Change | -13.08% | |
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $850.0K | $850.0K |
| YoY Change | 112.5% | |
| Total Short-Term Liabilities | $16.42M | $13.08M |
| YoY Change | 73.58% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $81.76M | $82.12M |
| YoY Change | 154.54% | |
| Other Long-Term Liabilities | $14.51M | $15.04M |
| YoY Change | ||
| Total Long-Term Liabilities | $81.76M | $97.16M |
| YoY Change | 154.54% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $16.42M | $13.08M |
| Total Long-Term Liabilities | $81.76M | $97.16M |
| Total Liabilities | $117.0M | $110.2M |
| YoY Change | 109.22% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$393.0K | |
| YoY Change | ||
| Common Stock | $56.00K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $83.53M | $10.00 |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $200.6M | $192.2M |
| YoY Change | 11.66% |
Cashflow Statement
| Concept | 2021 Q4 | 2021 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$393.0K | $8.054M |
| YoY Change | -107.06% | 175.92% |
| Depreciation, Depletion And Amortization | $1.933M | $1.641M |
| YoY Change | 30.96% | 14.59% |
| Cash From Operating Activities | -$5.706M | $8.525M |
| YoY Change | -179.25% | 68.01% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$2.390M | -$1.577M |
| YoY Change | 108.55% | 91.62% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$2.390M | -$1.577M |
| YoY Change | 108.55% | 91.62% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 12.71M | 10.00 |
| YoY Change | -590.73% | -100.0% |
| NET CHANGE | ||
| Cash From Operating Activities | -5.706M | 8.525M |
| Cash From Investing Activities | -2.390M | -1.577M |
| Cash From Financing Activities | 12.71M | 10.00 |
| Net Change In Cash | 4.609M | 10.00 |
| YoY Change | 33.02% | -100.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$5.706M | $8.525M |
| Capital Expenditures | -$2.390M | -$1.577M |
| Free Cash Flow | -$3.316M | $10.10M |
| YoY Change | -139.73% | 71.31% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Entity Registrant Name
EntityRegistrantName
|
Airsculpt Technologies, Inc. | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001870940 | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-09-30 | ||
| dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
| dei |
Entity File Number
EntityFileNumber
|
001-40973 | ||
| dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
| dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
87-1471855 | ||
| dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
400 Alton Road, Unit TH-103M | ||
| dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Miami Beach | ||
| dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
| dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33139 | ||
| dei |
City Area Code
CityAreaCode
|
786 | ||
| dei |
Local Phone Number
LocalPhoneNumber
|
709-9690 | ||
| dei |
Security12b Title
Security12bTitle
|
Common Stock, par value $0.001 per share | ||
| dei |
Trading Symbol
TradingSymbol
|
AIRS | ||
| dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | ||
| dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
No | ||
| dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
| dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
| dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
| dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
true | ||
| dei |
Entity Shell Company
EntityShellCompany
|
false | ||
| CY2021Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
55640154 | |
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Cash And Cash Equivalents At Carrying Value
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|
10 | |
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Assets Current
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|
10 | |
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Assets
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|
10 | |
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Common Stock Par Or Stated Value Per Share
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|
0.0001 | |
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Common Stock Shares Authorized
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|
1000000 | |
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Common Stock Shares Outstanding
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|
100 | |
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|
10 | |
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Additional Paid In Capital
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|
10 | |
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|
10 | |
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Stockholders Equity
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|
10 | |
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|
10 | |
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Net Cash Provided By Used In Financing Activities
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|
10 | |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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|
10 | |
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Basis Of Accounting
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|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">NOTE 2—BASIS OF PRESENTATION</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="background-color:#ffffff;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:12.0pt;text-align:justify;margin:0pt;"><span style="background-color:#ffffff;">The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Separate statements of income, comprehensive income, and changes in stockholder’s equity have not been presented because there have been no activities in this entity </span>from the date of incorporation through September 30, 2021.</p> |
