2021 Q3 Form 10-Q Financial Statement
#000149315221028505 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $295.5K | $279.3K |
| YoY Change | 5.79% | 69.31% |
| Cost Of Revenue | $280.2K | $228.6K |
| YoY Change | 22.59% | 89.11% |
| Gross Profit | $15.28K | $50.73K |
| YoY Change | -69.88% | 15.03% |
| Gross Profit Margin | 5.17% | 18.16% |
| Selling, General & Admin | $893.6K | $423.4K |
| YoY Change | 111.03% | -88.17% |
| % of Gross Profit | 5847.84% | 834.65% |
| Research & Development | $77.39K | $179.9K |
| YoY Change | -56.98% | -6.85% |
| % of Gross Profit | 506.48% | 354.58% |
| Depreciation & Amortization | $1.360K | $15.51K |
| YoY Change | -91.23% | 0.0% |
| % of Gross Profit | 8.9% | 30.57% |
| Operating Expenses | $971.9K | $618.8K |
| YoY Change | 57.06% | -83.67% |
| Operating Profit | -$956.6K | -$568.1K |
| YoY Change | 68.39% | -84.83% |
| Interest Expense | -$382.6K | -$681.1K |
| YoY Change | -43.82% | 60.5% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$470.2K | |
| YoY Change | ||
| Pretax Income | -$1.427M | -$1.318M |
| YoY Change | 8.25% | -68.38% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$1.427M | -$1.318M |
| YoY Change | 8.25% | -68.38% |
| Net Earnings / Revenue | -482.85% | -471.91% |
| Basic Earnings Per Share | -$1.05 | |
| Diluted Earnings Per Share | -$1.053M | -$20.48K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.355M shares | |
| Diluted Shares Outstanding |
Balance Sheet
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.427M | -$1.318M |
| YoY Change | 8.25% | -68.38% |
| Depreciation, Depletion And Amortization | $1.360K | $15.51K |
| YoY Change | -91.23% | 0.0% |
| Cash From Operating Activities | -$608.0K | $61.09K |
| YoY Change | -1095.25% | -108.37% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | ||
| Cash From Investing Activities | $0.00 | $0.00 |
| 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 | 559.0K | -217.1K |
| YoY Change | -357.47% | -124.44% |
| NET CHANGE | ||
| Cash From Operating Activities | -608.0K | 61.09K |
| Cash From Investing Activities | 0.000 | 0.000 |
| Cash From Financing Activities | 559.0K | -217.1K |
| Net Change In Cash | -49.04K | -156.0K |
| YoY Change | -68.57% | -198.55% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$608.0K | $61.09K |
| Capital Expenditures | $0.00 | |
| Free Cash Flow | $61.09K | |
| YoY Change | -108.37% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Proceeds From Convertible Debt
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Income Taxes Paid Net
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Income Taxes Paid Net
IncomeTaxesPaidNet
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| CY2021Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
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| CY2020Q4 | us-gaap |
Inventory Valuation Reserves
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| CY2021Q3 | us-gaap |
Deferred Tax Assets Net
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| CY2020Q4 | us-gaap |
Deferred Tax Assets Net
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| CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
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| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
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| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
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| CY2020 | AREB |
Share Based Compensation Arrangement By Share Based Payment Award Options Expired In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredInPeriodTotalIntrinsicValue
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| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
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Stock Issued During Period Shares Stock Options Exercised
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shares | ||
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Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
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| AREB |
Share Based Compensation Arrangement By Share Based Payment Award Options Expired In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredInPeriodTotalIntrinsicValue
|
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| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2021Q3 | us-gaap |
Deposit Assets
DepositAssets
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| CY2021Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
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| CY2021Q3 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
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| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
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| us-gaap |
Net Cash Provided By Used In Investing Activities
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| CY2020Q3 | us-gaap |
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