2024 Q1 Form 10-Q Financial Statement

#000168316824000918 Filed on February 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.575M $2.323M $1.352M
YoY Change 365.63% 107.89%
% of Gross Profit
Research & Development $841.0K $601.0K $782.6K
YoY Change 163.45% 202.01% 466.29%
% of Gross Profit
Depreciation & Amortization $46.00K $35.00K
YoY Change
% of Gross Profit
Operating Expenses $2.416M $2.924M $6.690M
YoY Change 267.46% 437.5% 748.57%
Operating Profit -$2.924M -$5.820M
YoY Change 437.5%
Interest Expense $34.00K $33.00K $24.55K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$3.026M -$189.0K -$239.5K
YoY Change
Pretax Income -$5.408M -$3.113M -$6.905M
YoY Change 722.53% 472.24% 775.83%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.408M -$3.113M -$6.040M
YoY Change 722.53% 472.24% 1248.21%
Net Earnings / Revenue
Basic Earnings Per Share -$0.23 -$8.78
Diluted Earnings Per Share -$0.29 -$0.23 -$0.33
COMMON SHARES
Basic Shares Outstanding 18.79M shares 13.80M shares 687.8K
Diluted Shares Outstanding 13.80M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.608M $1.218M $2.145M
YoY Change
Cash & Equivalents $8.608M $1.218M $2.145M
Short-Term Investments
Other Short-Term Assets $783.0K $467.0K $62.30K
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.391M $1.685M $2.208M
YoY Change 985.66%
LONG-TERM ASSETS
Property, Plant & Equipment $16.00K $14.00K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $110.0K $162.7K
YoY Change
Total Long-Term Assets $16.00K $124.0K $162.6K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $9.391M $1.685M $2.208M
Total Long-Term Assets $16.00K $124.0K $162.6K
Total Assets $9.407M $1.809M $2.370M
YoY Change 987.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $492.0K $663.0K $402.9K
YoY Change 184.39%
Accrued Expenses $285.0K $310.0K $34.60K
YoY Change 493.75%
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 $777.0K $973.0K $437.5K
YoY Change 251.58%
LONG-TERM LIABILITIES
Long-Term Debt $1.002M $1.457M $61.70K
YoY Change
Other Long-Term Liabilities $4.974M $4.795M
YoY Change
Total Long-Term Liabilities $1.002M $6.431M $4.857M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $777.0K $973.0K $437.5K
Total Long-Term Liabilities $1.002M $6.431M $4.857M
Total Liabilities $1.779M $7.404M $5.295M
YoY Change 704.98%
SHAREHOLDERS EQUITY
Retained Earnings -$39.00M -$33.56M
YoY Change 65.65%
Common Stock $19.00K $14.00K
YoY Change 58.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.628M -$5.595M -$2.924M
YoY Change
Total Liabilities & Shareholders Equity $9.407M $1.809M $2.370M
YoY Change 987.51%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$5.408M -$3.113M -$6.040M
YoY Change 722.53% 472.24% 1248.21%
Depreciation, Depletion And Amortization $46.00K $35.00K
YoY Change
Cash From Operating Activities -$2.287M -$2.557M -$1.804M
YoY Change 93.03% 169.46%
INVESTING ACTIVITIES
Capital Expenditures $3.000K $16.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.000K -$16.00K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 9.680M 1.645M 3.085M
YoY Change 1334.07%
NET CHANGE
Cash From Operating Activities -2.287M -2.557M -1.804M
Cash From Investing Activities -3.000K -16.00K
Cash From Financing Activities 9.680M 1.645M 3.085M
Net Change In Cash 7.390M -927.7K 1.281M
YoY Change -1549.59% -291.26%
FREE CASH FLOW
Cash From Operating Activities -$2.287M -$2.557M -$1.804M
Capital Expenditures $3.000K $16.00K
Free Cash Flow -$2.290M -$2.573M
YoY Change

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2044000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1218000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
810000 usd
AMIX Warrants Issued For Debt Issuance Costs
WarrantsIssuedForDebtIssuanceCosts
576000 usd
AMIX Warrants Issued For Debt Issuance Costs
WarrantsIssuedForDebtIssuanceCosts
0 usd
AMIX Proceeds From Cashless Exercise Of Warrants
ProceedsFromCashlessExerciseOfWarrants
1000 usd
AMIX Proceeds From Cashless Exercise Of Warrants
ProceedsFromCashlessExerciseOfWarrants
0 usd
CY2023Q4 AMIX Working Capital
WorkingCapital
700000 usd
CY2022Q4 us-gaap Cash
Cash
1200000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zFoEqjuhIVLa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><i>Use of Estimates in Financial Statement Presentation</i></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-indent: 0.25in">The preparation of these unaudited condensed interim financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. The Company's significant estimates and assumptions include work performed but not yet billed by contract manufacturers, engineers and research organizations, the valuation of equity related instruments, initial and recurring fair value measurements for the warrant liability and the valuation allowance related to deferred taxes. Although the Company believes that its estimates and assumptions are reasonable, they are based upon information available at the time the estimates and assumptions were made. Some of these judgments can be subjective and complex, and, consequently, actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10718529 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6569929 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1703600 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.26
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
AMIX Share Based Compensation Arrangement By Share Based Payment Award Options Exchanged In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExchangedInPeriod
0 shares
AMIX Share Based Compensation Arrangements By Share Based Payment Award Options Exchanged In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExchangedInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1703600 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.26
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y5M19D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
157117 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.00
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P9Y3M
CY2023Q4 AMIX Fair Value Of Options Granted
FairValueOfOptionsGranted
3 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
2700000 usd
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
100000 usd
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
100000 usd
CY2023Q4 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
100000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
100000 usd

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0001683168-24-000918.txt Edgar Link pending
0001683168-24-000918-xbrl.zip Edgar Link pending
amix-20231231.xsd Edgar Link pending
autonomix_ex3101.htm Edgar Link pending
autonomix_ex3102.htm Edgar Link pending
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autonomix_ex3202.htm Edgar Link pending
autonomix_i10q-123123.htm Edgar Link pending
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autonomix_i10q-123123_htm.xml Edgar Link completed
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