$ATLX
Atlas Lithium Corp

2014 Q2 Form 10-K Financial Statement

#000114420414022720 Filed on April 15, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 2012 Q4
Revenue $97.16K $791.8K $0.00
YoY Change -33.28%
Cost Of Revenue $74.55K $448.8K
YoY Change -10.1%
Gross Profit $22.61K $343.0K
YoY Change -63.93%
Gross Profit Margin 23.27% 43.31%
Selling, General & Admin $510.0K $1.920M $0.00
YoY Change -57.14% 1180.0%
% of Gross Profit 2255.34% 559.85%
Research & Development $830.0K
YoY Change
% of Gross Profit 242.02%
Depreciation & Amortization $0.00 $433.00
YoY Change
% of Gross Profit 0.0% 0.13%
Operating Expenses $510.8K $2.073M $0.00
YoY Change -58.32% 1282.03%
Operating Profit -$488.2K -$1.730M
YoY Change 218.13%
Interest Expense -$380.0K $2.500K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$480.5K $0.00
YoY Change
Pretax Income -$968.7K -$2.440M $0.00
YoY Change -16.7% 1526.67%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$957.3K -$1.513M $0.00
YoY Change -19.66% 790.22%
Net Earnings / Revenue -985.26% -191.14%
Basic Earnings Per Share
Diluted Earnings Per Share -$6.000M -$15.86M $0.00
COMMON SHARES
Basic Shares Outstanding 76.41M shares 71.07M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2013 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $640.0K $100.0K $0.00
YoY Change 77.78% -88.37%
Cash & Equivalents $640.0K $100.0K $0.00
Short-Term Investments
Other Short-Term Assets $58.86K $10.00K $0.00
YoY Change
Inventory $277.8K $150.0K $0.00
Prepaid Expenses $146.0K
Receivables $20.79K $0.00
Other Receivables $150.0K
Total Short-Term Assets $1.297M $340.0K $863.2K
YoY Change 36.84% -60.47%
LONG-TERM ASSETS
Property, Plant & Equipment $685.4K $430.0K $0.00
YoY Change
Goodwill
YoY Change
Intangibles $149.0K $0.00
YoY Change 0.01%
Long-Term Investments $110.0K
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $947.3K $570.0K $800.0K
YoY Change -40.29% -28.75%
TOTAL ASSETS
Total Short-Term Assets $1.297M $340.0K $863.2K
Total Long-Term Assets $947.3K $570.0K $800.0K
Total Assets $2.244M $910.0K $1.663M
YoY Change -11.45% -45.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $290.0K $170.0K $70.00K
YoY Change 142.86%
Accrued Expenses $290.7K $67.36K
YoY Change 234.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $10.00K
YoY Change
Long-Term Debt Due $490.0K $70.00K
YoY Change
Total Short-Term Liabilities $2.028M $240.0K $10.00K
YoY Change 2152.8% 242.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $500.0K
YoY Change
Total Long-Term Liabilities $500.0K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.028M $240.0K $10.00K
Total Long-Term Liabilities $500.0K $0.00 $0.00
Total Liabilities $2.528M $650.0K $67.46K
YoY Change 2778.56% 828.57%
SHAREHOLDERS EQUITY
Retained Earnings -$39.63M -$35.96M
YoY Change 6.15%
Common Stock $84.62K $69.96K
YoY Change 19.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$410.0K $260.0K $1.596M
YoY Change
Total Liabilities & Shareholders Equity $2.244M $910.0K $1.663M
YoY Change -11.45% -45.18%

Cashflow Statement

Concept 2014 Q2 2013 2012 Q4
OPERATING ACTIVITIES
Net Income -$957.3K -$1.513M $0.00
YoY Change -19.66% 790.22%
Depreciation, Depletion And Amortization $0.00 $433.00
YoY Change
Cash From Operating Activities $110.0K -$851.3K $0.00
YoY Change -145.83% 673.9%
INVESTING ACTIVITIES
Capital Expenditures -$490.0K -$50.00K
YoY Change 880.0%
Acquisitions
YoY Change
Other Investing Activities -$70.00K -$180.0K -$800.0K
YoY Change -53.33% -77.5%
Cash From Investing Activities -$560.0K -$3.413K -$800.0K
YoY Change 194.74% -99.57%
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 430.0K $323.0K 0.000
YoY Change 290.91% -81.54%
NET CHANGE
Cash From Operating Activities 110.0K -$851.3K 0.000
Cash From Investing Activities -560.0K -$3.413K -800.0K
Cash From Financing Activities 430.0K $323.0K 0.000
Net Change In Cash -20.00K -$531.7K -800.0K
YoY Change -93.75% -163.3%
FREE CASH FLOW
Cash From Operating Activities $110.0K -$851.3K $0.00
Capital Expenditures -$490.0K -$50.00K
Free Cash Flow $600.0K -$801.3K
YoY Change -415.79%

Facts In Submission

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660000 USD
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40650 USD
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5500 USD
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0 USD
CY2013 bmix Stock And Warrants Issued As Share Offering Costs
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CY2013 us-gaap Stock Issued During Period Value Purchase Of Assets
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35783342 USD

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