2021 Q3 Form 10-Q Financial Statement
#000121390021055621 Filed on November 01, 2021
Income Statement
| Concept | 2021 Q3 |
|---|---|
| Revenue | $1.868M |
| YoY Change | 191.88% |
| Cost Of Revenue | $2.902M |
| YoY Change | 75.88% |
| Gross Profit | -$1.034M |
| YoY Change | 2.38% |
| Gross Profit Margin | -55.35% |
| Selling, General & Admin | $3.876M |
| YoY Change | 32.29% |
| % of Gross Profit | |
| Research & Development | $7.974M |
| YoY Change | 24.98% |
| % of Gross Profit | |
| Depreciation & Amortization | $1.473M |
| YoY Change | 48.79% |
| % of Gross Profit | |
| Operating Expenses | $11.85M |
| YoY Change | 27.28% |
| Operating Profit | -$12.88M |
| YoY Change | 24.84% |
| Interest Expense | $35.00K |
| YoY Change | -102.15% |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$12.85M |
| YoY Change | 7.52% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$12.85M |
| YoY Change | 7.52% |
| Net Earnings / Revenue | -687.85% |
| Basic Earnings Per Share | -$0.25 |
| Diluted Earnings Per Share | -$249.8K |
| COMMON SHARES | |
| Basic Shares Outstanding | 51.44M shares |
| Diluted Shares Outstanding | 51.44M shares |
Balance Sheet
| Concept | 2021 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $75.68M |
| YoY Change | 103.44% |
| Cash & Equivalents | $75.68M |
| Short-Term Investments | |
| Other Short-Term Assets | $3.537M |
| YoY Change | 135.8% |
| Inventory | $2.058M |
| Prepaid Expenses | |
| Receivables | $1.352M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $82.63M |
| YoY Change | 110.25% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $37.32M |
| YoY Change | 54.86% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $11.00K |
| YoY Change | -97.25% |
| Total Long-Term Assets | $37.90M |
| YoY Change | 51.58% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $82.63M |
| Total Long-Term Assets | $37.90M |
| Total Assets | $120.5M |
| YoY Change | 87.44% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $3.613M |
| YoY Change | 416.14% |
| Accrued Expenses | $4.268M |
| YoY Change | 29.33% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $7.881M |
| YoY Change | 87.64% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Other Long-Term Liabilities | $245.0K |
| YoY Change | -51.0% |
| Total Long-Term Liabilities | $245.0K |
| YoY Change | -99.02% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $7.881M |
| Total Long-Term Liabilities | $245.0K |
| Total Liabilities | $8.126M |
| YoY Change | -72.17% |
| 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 | $112.4M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $120.5M |
| YoY Change | 87.44% |
Cashflow Statement
| Concept | 2021 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$12.85M |
| YoY Change | 7.52% |
| Depreciation, Depletion And Amortization | $1.473M |
| YoY Change | 48.79% |
| Cash From Operating Activities | -$12.69M |
| YoY Change | 60.39% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$5.729M |
| YoY Change | 143.79% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $286.0K |
| YoY Change | |
| Cash From Investing Activities | -$5.443M |
| YoY Change | 131.62% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 5.489M |
| YoY Change | 74.81% |
| NET CHANGE | |
| Cash From Operating Activities | -12.69M |
| Cash From Investing Activities | -5.443M |
| Cash From Financing Activities | 5.489M |
| Net Change In Cash | -12.64M |
| YoY Change | 77.54% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$12.69M |
| Capital Expenditures | -$5.729M |
| Free Cash Flow | -$6.958M |
| YoY Change | 25.14% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q3 | us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
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| CY2021Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
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|
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| CY2021Q3 | us-gaap |
Amortization Of Debt Discount Premium
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| CY2021Q3 | akts |
Non Cash Interest Payments
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Gain Loss On Derivative Instruments Net Pretax
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Increase Decrease In Other Operating Asset
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Assets Purchased Using Common Stock
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Deferred Revenue Current
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Other Nonoperating Income Expense
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Payments To Acquire Intangible Assets
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| CY2020Q3 | us-gaap |
Proceeds From Issuance Of Warrants
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| CY2021Q3 | us-gaap |
Interest Paid Net
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|
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| CY2021Q3 | akts |
Debt Issuance Costs In Included In Accounts Payable And Accrued Expenses
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|
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| CY2021Q3 | akts |
Closing Contract Liability
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|
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| CY2020Q2 | akts |
Contract Liability
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|
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| CY2021Q2 | akts |
Operating Leases Future Minimum Payment Due In Four Year
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| CY2021Q2 | akts |
Operating Leases Future Minimum Payment Due Thereafter
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| CY2021Q3 | us-gaap |
Conversion Of Stock Shares Issued1
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