2024 Q3 Form 10-K Financial Statement

#000121465924013191 Filed on July 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $755.8K $666.6K $3.483M
YoY Change -34.84% -59.77% -53.09%
% of Gross Profit
Research & Development $206.6K $183.4K $6.455M
YoY Change -91.27% -88.87% -13.31%
% of Gross Profit
Depreciation & Amortization $12.69K $12.68K $50.74K
YoY Change 0.0% 137.9% 119.94%
% of Gross Profit
Operating Expenses $962.4K $850.1K $9.938M
YoY Change -72.7% -74.28% -33.17%
Operating Profit -$962.4K -$9.938M
YoY Change -72.7% -33.17%
Interest Expense $12.01K -$1.470K $10.10K
YoY Change 554.28% 182.69% -231.18%
% of Operating Profit
Other Income/Expense, Net -$12.01K -$10.10K
YoY Change 554.28% 31.16%
Pretax Income -$974.4K -$851.5K -$9.948M
YoY Change -72.4% -74.24% -33.14%
Income Tax
% Of Pretax Income
Net Earnings -$974.4K -$851.5K -$9.948M
YoY Change -72.38% -74.24% -33.14%
Net Earnings / Revenue
Basic Earnings Per Share -$1.25 -$14.70
Diluted Earnings Per Share -$1.25 -$1.24 -$14.70
COMMON SHARES
Basic Shares Outstanding 841.2K shares 676.6K shares
Diluted Shares Outstanding 777.8K shares 676.6K shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.194M $376.1K $376.1K
YoY Change -29.77% -92.69% -92.69%
Cash & Equivalents $1.194M $376.0K
Short-Term Investments
Other Short-Term Assets $222.2K $79.19K $79.19K
YoY Change -69.13% -88.6% -88.6%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.416M $455.2K $455.2K
YoY Change -41.32% -92.2% -92.2%
LONG-TERM ASSETS
Property, Plant & Equipment $253.7K $176.3K $176.4K
YoY Change 18.31% 120.87% 120.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $253.7K $176.3K $176.4K
YoY Change 18.31% 120.85% 120.85%
TOTAL ASSETS
Total Short-Term Assets $1.416M $455.2K $455.2K
Total Long-Term Assets $253.7K $176.3K $176.4K
Total Assets $1.670M $631.6K $631.6K
YoY Change -36.46% -89.32% -89.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.882M $2.925M $2.925M
YoY Change 5.15% 1.91% 1.91%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $300.7K $300.7K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.882M $3.226M $3.226M
YoY Change 5.19% 12.39% 12.39%
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 $2.882M $3.226M $3.226M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.882M $3.226M $3.226M
YoY Change 5.15% 12.39% 12.39%
SHAREHOLDERS EQUITY
Retained Earnings -$54.99M -$54.02M
YoY Change 15.53% 22.57%
Common Stock $86.00 $69.00
YoY Change -99.11% -99.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.212M -$2.594M -$2.594M
YoY Change
Total Liabilities & Shareholders Equity $1.670M $631.6K $631.6K
YoY Change -36.46% -89.32% -89.32%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income -$974.4K -$851.5K -$9.948M
YoY Change -72.38% -74.24% -33.14%
Depreciation, Depletion And Amortization $12.69K $12.68K $50.74K
YoY Change 0.0% 137.9% 119.94%
Cash From Operating Activities -$1.056M -$1.427M -$8.270M
YoY Change -67.99% -36.17% -7.32%
INVESTING ACTIVITIES
Capital Expenditures $90.00K $0.00 $147.2K
YoY Change -40.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$90.00K $0.00 -$147.2K
YoY Change -38.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.252M
YoY Change 626112.5%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.964M 1.520M $3.652M
YoY Change 759845.0% 1826112.5%
NET CHANGE
Cash From Operating Activities -$1.056M -1.427M -$8.270M
Cash From Investing Activities -$90.00K 0.000 -$147.2K
Cash From Financing Activities $1.964M 1.520M $3.652M
Net Change In Cash $817.9K 93.19K -$4.765M
YoY Change -123.74% -104.17% -46.6%
FREE CASH FLOW
Cash From Operating Activities -$1.056M -$1.427M -$8.270M
Capital Expenditures $90.00K $0.00 $147.2K
Free Cash Flow -$1.146M -$1.427M -$8.417M
YoY Change -66.77% -36.17% -5.67%

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<p id="xdx_84A_eus-gaap--UseOfEstimates_zY9lw4Fui5g1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i><span id="xdx_86F_zwFNv3QO8cnf">Accounting Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s critical accounting policies that involve significant judgment and estimates include research and development, stock-based compensation, warrant valuation, and valuation of deferred income taxes. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"> </p>
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CY2023Q2 alzm Deferred Tax Assets Tax Deferred Expense Capitalized Research Expenditures
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32400 usd
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0.210 pure
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-0.001 pure
CY2023 alzm Stock Compensation Rate
StockCompensationRate
0.003 pure
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0.000 pure
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CY2024 us-gaap Income Tax Examination Penalties And Interest Expense
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61278 shares
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182.31
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P6Y2M4D
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819900 usd
CY2024 alzm Shares Available For Grant Options Expired
SharesAvailableForGrantOptionsExpired
722 shares
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CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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70500 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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90208 shares
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177.51
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
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CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
70500 usd
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
333 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
375.00
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
375.00
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
167 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
375.00
CY2024 us-gaap Allocated Share Based Compensation Expense
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955633 usd
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AllocatedShareBasedCompensationExpense
3582625 usd
CY2024Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
240449 shares
CY2024Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P4Y10M24D
CY2024Q2 alzm Class Of Warrant Or Right Weighted Average Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightWeightedAverageExercisePriceOfWarrantsOrRights
67.45
CY2024Q2 alzm Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
30449 shares
CY2024Q2 alzm Class Of Warrant Or Right Exercisable Weighted Average Exercise Price
ClassOfWarrantOrRightExercisableWeightedAverageExercisePrice
449.91
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001

Files In Submission

Name View Source Status
alzm-20240430_cal.xml Edgar Link unprocessable
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0001214659-24-013191-index.html Edgar Link pending
0001214659-24-013191.txt Edgar Link pending
0001214659-24-013191-xbrl.zip Edgar Link pending
alzlandscape.jpg Edgar Link pending
alzm-20240430.xsd Edgar Link pending
devpipline_v2.jpg Edgar Link pending
ex23_1.htm Edgar Link pending
ex23_2.htm Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32_1.htm Edgar Link pending
ex4_4.htm Edgar Link pending
ex97_1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
patientpopulation.jpg Edgar Link pending
R1.htm Edgar Link pending
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alzm-20240430_def.xml Edgar Link unprocessable
alzm-20240430_lab.xml Edgar Link unprocessable
alzm-20240430_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
R38.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
x71924010k.htm Edgar Link pending
x71924010k_htm.xml Edgar Link completed