2020 Q3 Form 10-Q Financial Statement

#000164033420001749 Filed on July 13, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2020 Q2 2019 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 $760.0K $690.0K $720.0K
YoY Change 5.56% -9.21% 100.0%
% of Gross Profit
Research & Development $270.0K $265.2K $230.0K
YoY Change 17.39% 43.97% -30.3%
% of Gross Profit
Depreciation & Amortization $0.00 $124.00 $0.00
YoY Change -48.97%
% of Gross Profit
Operating Expenses $1.030M $951.4K $950.0K
YoY Change 8.42% 1.07% 37.68%
Operating Profit -$951.4K
YoY Change 1.07%
Interest Expense $0.00 $0.00 $110.0K
YoY Change -100.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $0.00 $204.00 $0.00
YoY Change -99.97%
Pretax Income -$1.030M -$950.0K -$850.0K
YoY Change 21.18% 179.41% 23.19%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.030M -$951.2K -$850.0K
YoY Change 21.18% 175.8% 23.19%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$224.9K -$273.8K -$283.3K
COMMON SHARES
Basic Shares Outstanding 4.496M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q3 2020 Q2 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.142M $1.280M $4.420M
YoY Change -51.54% 341.38% 1200.0%
Cash & Equivalents $2.142M $1.279M $4.424M
Short-Term Investments $0.00
Other Short-Term Assets $200.0K $170.0K $10.00K
YoY Change 1900.0% -80.23% -75.0%
Inventory
Prepaid Expenses $195.0K $74.66K $18.62K
Receivables
Other Receivables
Total Short-Term Assets $2.337M $1.453M $4.443M
YoY Change -47.4% 26.32% 1010.65%
LONG-TERM ASSETS
Property, Plant & Equipment $246.00 $1.484K $721.00
YoY Change -65.88%
Goodwill
YoY Change
Intangibles $2.039M $2.039M $2.039M
YoY Change -0.02%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.039M $2.041M $2.040M
YoY Change -0.06%
TOTAL ASSETS
Total Short-Term Assets $2.337M $1.453M $4.443M
Total Long-Term Assets $2.039M $2.041M $2.040M
Total Assets $4.376M $3.494M $6.483M
YoY Change -32.5% 203.78% 1520.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $490.0K $260.0K $639.4K
YoY Change -23.37% -71.43% 20.64%
Accrued Expenses
YoY Change
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 $501.0K $268.5K $1.022M
YoY Change -50.96% -73.68% 92.74%
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 $501.0K $268.5K $1.022M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $501.0K $270.0K $1.020M
YoY Change -50.88% -73.53% 92.45%
SHAREHOLDERS EQUITY
Retained Earnings -$9.466M -$8.438M -$4.811M
YoY Change 96.77%
Common Stock $5.000K $3.734K $3.354K
YoY Change 49.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.875M $3.225M $5.460M
YoY Change
Total Liabilities & Shareholders Equity $4.376M $3.494M $6.483M
YoY Change -32.5% 203.78% 1520.68%

Cashflow Statement

Concept 2020 Q3 2020 Q2 2019 Q3
OPERATING ACTIVITIES
Net Income -$1.030M -$951.2K -$850.0K
YoY Change 21.18% 175.8% 23.19%
Depreciation, Depletion And Amortization $0.00 $124.00 $0.00
YoY Change -48.97%
Cash From Operating Activities -$880.0K -$1.020M -$1.060M
YoY Change -16.98% 72.88% 107.84%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 -$1.500M
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 -$1.500M
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 1.710M 280.0K 6.700M
YoY Change -74.48% -33.33% 1164.15%
NET CHANGE
Cash From Operating Activities -880.0K -1.020M -1.060M
Cash From Investing Activities 0.000 0.000 -1.500M
Cash From Financing Activities 1.710M 280.0K 6.700M
Net Change In Cash 830.0K -740.0K 4.140M
YoY Change -79.95% 335.29% 20600.0%
FREE CASH FLOW
Cash From Operating Activities -$880.0K -$1.020M -$1.060M
Capital Expenditures $0.00 $0.00 -$1.500M
Free Cash Flow -$880.0K -$1.020M $440.0K
YoY Change -300.0% 72.88% -186.27%

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us-gaap Nature Of Operations
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