2024 Q3 Form 10-Q Financial Statement

#000121390024073913 Filed on August 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $0.00 $0.00
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
YoY Change
% of Gross Profit
Operating Expenses $256.4K $529.5K
YoY Change -69.83% -56.24%
Operating Profit -$256.4K -$529.5K
YoY Change -69.83% -56.34%
Interest Expense $179.3K $174.0K
YoY Change -85.04% -93.53%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$77.18K -$355.5K
YoY Change -122.18% -124.18%
Income Tax
% Of Pretax Income
Net Earnings -$77.18K -$355.5K
YoY Change -122.18% -124.14%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$0.01 -$0.05
COMMON SHARES
Basic Shares Outstanding 4.590M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.520K $2.630K
YoY Change -86.36% -98.69%
Cash & Equivalents $9.520K $2.633K
Short-Term Investments
Other Short-Term Assets $22.54K $42.53K
YoY Change -82.42% -85.82%
Inventory
Prepaid Expenses $22.54K $42.53K
Receivables
Other Receivables
Total Short-Term Assets $32.06K $45.16K
YoY Change -83.81% -90.03%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.71M $13.53M
YoY Change -43.07% -40.9%
Other Assets
YoY Change
Total Long-Term Assets $13.71M $13.53M
YoY Change -43.07% -40.87%
TOTAL ASSETS
Total Short-Term Assets $32.06K $45.16K
Total Long-Term Assets $13.71M $13.53M
Total Assets $13.75M $13.58M
YoY Change -43.4% -41.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.335M $2.365M
YoY Change 24.93% 27.35%
Accrued Expenses $322.0K $346.4K
YoY Change -58.78% -14.28%
Deferred Revenue
YoY Change
Short-Term Debt $1.006M $711.0K
YoY Change 151.5% 255.5%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.241M $3.998M
YoY Change 24.14% 41.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $4.241M $3.998M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $4.241M $3.998M
YoY Change 24.14% 41.71%
SHAREHOLDERS EQUITY
Retained Earnings -$4.109M -$3.853M
YoY Change 31.76% 69.84%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.109M -$3.852M
YoY Change
Total Liabilities & Shareholders Equity $13.75M $13.58M
YoY Change -43.4% -41.82%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$77.18K -$355.5K
YoY Change -122.18% -124.14%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$288.1K -$336.4K
YoY Change -4.95% 60.2%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 295.0K 311.0K
YoY Change 47.5% -100.15%
NET CHANGE
Cash From Operating Activities -288.1K -336.4K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 295.0K 311.0K
Net Change In Cash 6.890K -25.42K
YoY Change -106.68% 154.2%
FREE CASH FLOW
Cash From Operating Activities -$288.1K -$336.4K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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Files In Submission

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0001213900-24-073913-index.html Edgar Link pending
0001213900-24-073913.txt Edgar Link pending
0001213900-24-073913-xbrl.zip Edgar Link pending
ea0212433-10q_swiftmerge.htm Edgar Link pending
ea021243301ex31-1_swift.htm Edgar Link pending
ea021243301ex31-2_swift.htm Edgar Link pending
ea021243301ex32-1_swift.htm Edgar Link pending
ea021243301ex32-2_swift.htm Edgar Link pending
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