2022 Q1 Form 10-Q Financial Statement
#000149315222014062 Filed on May 17, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $612.5K | $837.9K |
| YoY Change | -26.9% | |
| Cost Of Revenue | $199.7K | $167.0K |
| YoY Change | 19.58% | |
| Gross Profit | $412.8K | $670.9K |
| YoY Change | -38.46% | |
| Gross Profit Margin | 67.4% | 80.07% |
| Selling, General & Admin | $1.094M | $1.529M |
| YoY Change | -28.45% | |
| % of Gross Profit | 264.98% | 227.91% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $269.9K | $277.3K |
| YoY Change | -2.67% | |
| % of Gross Profit | 65.37% | 41.33% |
| Operating Expenses | $0.00 | $0.00 |
| YoY Change | ||
| Operating Profit | $412.8K | $670.9K |
| YoY Change | -38.46% | |
| Interest Expense | -$1.152M | -$1.091M |
| YoY Change | 5.64% | |
| % of Operating Profit | -279.09% | -162.58% |
| Other Income/Expense, Net | -$1.152M | |
| YoY Change | ||
| Pretax Income | -$1.833M | -$2.176M |
| YoY Change | -15.76% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$1.833M | -$2.176M |
| YoY Change | -15.76% | |
| Net Earnings / Revenue | -299.31% | -259.74% |
| Basic Earnings Per Share | -$13.75 | |
| Diluted Earnings Per Share | -$13.75M | -$28.49M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 133.3K shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $182.3K | $53.06K |
| YoY Change | 243.54% | |
| Cash & Equivalents | $182.3K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $276.9K | $9.170K |
| YoY Change | 2919.63% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $243.2K | $36.91K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $702.4K | $99.14K |
| YoY Change | 608.5% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $411.6K | $598.1K |
| YoY Change | -31.18% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $31.44K | $31.44K |
| YoY Change | 0.0% | |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $1.483M | $2.699M |
| YoY Change | -45.07% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $702.4K | $99.14K |
| Total Long-Term Assets | $1.483M | $2.699M |
| Total Assets | $2.185M | $2.798M |
| YoY Change | -21.91% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $230.0K | $191.2K |
| YoY Change | 20.32% | |
| Accrued Expenses | $355.1K | $321.3K |
| YoY Change | 10.53% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $3.104M | $1.006M |
| YoY Change | 208.44% | |
| Total Short-Term Liabilities | $5.305M | $3.236M |
| YoY Change | 63.94% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.805M | $2.153M |
| YoY Change | -16.19% | |
| Other Long-Term Liabilities | $1.254M | $242.4K |
| YoY Change | 417.47% | |
| Total Long-Term Liabilities | $3.059M | $2.395M |
| YoY Change | 27.69% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.305M | $3.236M |
| Total Long-Term Liabilities | $3.059M | $2.395M |
| Total Liabilities | $8.363M | $5.631M |
| YoY Change | 48.52% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$6.178M | -$2.833M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.185M | $2.798M |
| YoY Change | -21.91% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.833M | -$2.176M |
| YoY Change | -15.76% | |
| Depreciation, Depletion And Amortization | $269.9K | $277.3K |
| YoY Change | -2.67% | |
| Cash From Operating Activities | $155.5K | -$383.7K |
| YoY Change | -140.53% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$8.280K | -$79.02K |
| YoY Change | -89.52% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$250.0K | |
| YoY Change | ||
| Cash From Investing Activities | -$258.3K | -$79.02K |
| YoY Change | 226.85% | |
| 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 | -919.9K | 457.0K |
| YoY Change | -301.31% | |
| NET CHANGE | ||
| Cash From Operating Activities | 155.5K | -383.7K |
| Cash From Investing Activities | -258.3K | -79.02K |
| Cash From Financing Activities | -919.9K | 457.0K |
| Net Change In Cash | -1.023M | -5.720K |
| YoY Change | 17778.67% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $155.5K | -$383.7K |
| Capital Expenditures | -$8.280K | -$79.02K |
| Free Cash Flow | $163.8K | -$304.6K |
| YoY Change | -153.77% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
USD | |
| CY2021Q1 | us-gaap |
Research And Development Expense
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|
USD | |
| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| CY2022Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
USD | |
| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021Q1 | us-gaap |
Payments To Acquire Businesses Gross
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|
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| CY2021Q1 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
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| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2021Q1 | ATDS |
Redemption Of Series B Preferred Stock
RedemptionOfSeriesBPreferredStock
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
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|
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| CY2022Q1 | us-gaap |
Income Taxes Paid Net
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|
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| CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
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| CY2021Q1 | ATDS |
Common Stock Issued For Exercised Cashless Warrant
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|
USD | |
| CY2022Q1 | ATDS |
Settlement Of Series B Preferred Stock Through Issuance Of Common Stock
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|
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| CY2021Q1 | ATDS |
Resolution Of Derivative Liability Upon Exercise Of Warrant
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|
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| CY2022Q1 | ATDS |
Derivative Liability Recognized As Debt Discount
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|
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| CY2022Q1 | ATDS |
Note Payable Issued For Settlement Of License Fee Payable
NotePayableIssuedForSettlementOfLicenseFeePayable
|
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| CY2021Q1 | ATDS |
Cumulative Effect Adjustment From Adoption
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|
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| CY2022Q1 | ATDS |
Lessee Operating Lease Liability Payments Due After Year One
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearOne
|
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| CY2022Q1 | ATDS |
Finance Lease Liability Payments Due After Year One
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| CY2022Q1 | us-gaap |
Finance Lease Liability Noncurrent
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| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
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shares | |
| CY2022Q1 | ATDS |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantsInPeriodWeightedAverageExercisePrice
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| CY2022Q1 | ATDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Reset Feature
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsResetFeature
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shares | |
| CY2022Q1 | ATDS |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Reset Feature In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsResetFeatureInPeriodWeightedAverageExercisePrice
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| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
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shares | |
| CY2022Q1 | ATDS |
Share Based Compensation Arrangements By Share Based Payment Award Non Options Forfeitures In Period Weighted Average Exercise Price
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