2023 Q2 Form 10-Q Financial Statement

#000178162923000010 Filed on April 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $10.60K $3.099K
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.978K
YoY Change
% of Gross Profit
Operating Expenses $75.47K $84.78K
YoY Change 1053.68% 741.62%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $44.90K $44.90K
YoY Change
Pretax Income -$64.88K $81.68K
YoY Change -1091.68% 710.85%
Income Tax
% Of Pretax Income
Net Earnings -$64.88K -$81.68K
YoY Change 891.68% 710.85%
Net Earnings / Revenue -612.15% -2635.59%
Basic Earnings Per Share -$0.02 -$0.02
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 4.328M shares 4.328M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.956K $1.476K $2.277K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $10.00K
Receivables $4.800K
Other Receivables
Total Short-Term Assets $93.91K $126.3K $176.8K
YoY Change -42.91% 4169.17%
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 $255.2K $262.2K $269.2K
YoY Change 321.11% 3897.05%
TOTAL ASSETS
Total Short-Term Assets $93.91K $126.3K $176.8K
Total Long-Term Assets $255.2K $262.2K $269.2K
Total Assets $349.2K $388.6K $446.0K
YoY Change 55.1% 4000.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $541.9K $516.4K $492.2K
YoY Change 132.97% 1344.52%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $541.9K $516.4K $492.2K
Total Long-Term Liabilities
Total Liabilities $541.9K $516.4K $492.2K
YoY Change 132.97% 1344.52%
SHAREHOLDERS EQUITY
Retained Earnings $228.3K $163.4K $81.74K
YoY Change 430.16% 209.08%
Common Stock $4.328K $4.328K $4.328K
YoY Change 0.0% 33.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$192.7K -$127.8K -$46.15K
YoY Change
Total Liabilities & Shareholders Equity $349.2K $388.6K $446.0K
YoY Change 55.1% 4000.67%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$64.88K -$81.68K
YoY Change 891.68% 710.85%
Depreciation, Depletion And Amortization $6.978K
YoY Change
Cash From Operating Activities $85.50K
YoY Change 431.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $84.70K
YoY Change 141.84%
NET CHANGE
Cash From Operating Activities $85.50K
Cash From Investing Activities
Cash From Financing Activities $84.70K
Net Change In Cash -$801.00
YoY Change -104.23%
FREE CASH FLOW
Cash From Operating Activities $85.50K
Capital Expenditures
Free Cash Flow
YoY Change

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