$ARRT
Artisan Consumer Goods, Inc.

2022 Q4 Form 10-Q Financial Statement

#000147793222008790 Filed on November 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022 Q2
Revenue $6.570K $865.00 $0.00
YoY Change
Cost Of Revenue $5.330K $434.00
YoY Change
Gross Profit $1.240K $431.00
YoY Change
Gross Profit Margin 18.87% 49.83%
Selling, General & Admin $5.920K $20.61K $3.330K
YoY Change 5.9% 36.31% 455.0%
% of Gross Profit 477.42% 4781.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $750.00 $750.00 $750.00
YoY Change 0.0% 19.05%
% of Gross Profit 60.48% 174.01%
Operating Expenses $6.670K $21.36K $4.080K
YoY Change 5.17% 35.63% 591.53%
Operating Profit -$5.430K -$20.93K
YoY Change -14.38% 32.9%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $15.00 -$40.00
YoY Change -100.0% -99.41% -121.05%
Pretax Income -$5.430K -$20.91K -$12.34K
YoY Change -39.87% 58.53% -203.35%
Income Tax
% Of Pretax Income
Net Earnings -$5.430K -$20.91K -$12.34K
YoY Change -39.85% 58.54% -203.35%
Net Earnings / Revenue -82.65% -2417.57%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$4.752K -$2.805K
COMMON SHARES
Basic Shares Outstanding 4.400M shares 4.400M shares 4.400M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.860K $3.480K $13.56K
YoY Change -55.81% -88.48% 1406.67%
Cash & Equivalents $8.855K $3.483K $13.56K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $2.540K $7.923K $8.224K
Prepaid Expenses
Receivables $850.00 $508.00 $0.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.24K $11.91K $21.78K
YoY Change -38.94% -60.54% 2317.2%
LONG-TERM ASSETS
Property, Plant & Equipment $5.375K $6.125K
YoY Change
Goodwill
YoY Change
Intangibles $1.000K $1.000K
YoY Change 0.0%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $5.630K $6.375K $7.125K
YoY Change -34.72% -32.0%
TOTAL ASSETS
Total Short-Term Assets $12.24K $11.91K $21.78K
Total Long-Term Assets $5.630K $6.375K $7.125K
Total Assets $17.87K $18.29K $28.90K
YoY Change -37.67% -53.78% 3107.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.23K $55.19K $45.69K
YoY Change 63.44% 59.39% 41.23%
Accrued Expenses $48.27K $48.27K $48.29K
YoY Change -0.27% 5.59% 0.03%
Deferred Revenue
YoY Change
Short-Term Debt $165.7K $154.2K $154.2K
YoY Change 7.42% 0.0% 50.46%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $262.2K $257.7K $248.2K
YoY Change 12.94% 9.86% 35.53%
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 $262.2K $257.7K $248.2K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $262.2K $257.7K $248.2K
YoY Change 12.94% 9.86% 35.53%
SHAREHOLDERS EQUITY
Retained Earnings -$19.24M -$19.22M
YoY Change 0.24% 0.2%
Common Stock $4.400K $4.400K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$244.3K -$239.4K -$219.3K
YoY Change
Total Liabilities & Shareholders Equity $17.87K $18.29K $28.90K
YoY Change -37.67% -53.78% 3107.99%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022 Q2
OPERATING ACTIVITIES
Net Income -$5.430K -$20.91K -$12.34K
YoY Change -39.85% 58.54% -203.35%
Depreciation, Depletion And Amortization $750.00 $750.00 $750.00
YoY Change 0.0% 19.05%
Cash From Operating Activities -$16.08K -$10.07K -$3.390K
YoY Change 58.58% -18.94% 118.71%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change -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 21.45K $0.00 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -16.08K -$10.07K -3.390K
Cash From Investing Activities 0.000 $0.00 0.000
Cash From Financing Activities 21.45K $0.00 0.000
Net Change In Cash 5.370K -$10.07K -3.390K
YoY Change -152.96% -134.38% 118.71%
FREE CASH FLOW
Cash From Operating Activities -$16.08K -$10.07K -$3.390K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$16.08K -$10.07K -$3.390K
YoY Change 58.58% 315.34%

Facts In Submission

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CY2022Q3 dei Entity File Number
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CY2022Q3 dei Entity Registrant Name
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ARTISAN CONSUMER GOODS, INC.
CY2022Q3 dei Entity Incorporation State Country Code
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CY2022Q3 dei Entity Tax Identification Number
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CY2022Q3 dei Entity Address Address Line1
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CY2022Q3 dei Entity Address City Or Town
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CY2022Q3 dei Entity Address State Or Province
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CY2022Q3 dei Entity Address Postal Zip Code
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CY2022Q3 dei City Area Code
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CY2022Q3 dei Security12b Title
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The Company provides estimates for its common stock valuations and valuation allowances for deferred taxes.</p>
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