$ATLX
Atlas Lithium Corp

2021 Q4 Form 10-K Financial Statement

#000149315222007760 Filed on March 25, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020
Revenue $1.140K $10.23K $23.45K
YoY Change -4.2% -56.38% 52.37%
Cost Of Revenue $171.3K $245.8K $129.9K
YoY Change 297.15% 89.17% -28.67%
Gross Profit -$170.2K -$235.6K -$106.5K
YoY Change 305.7% 121.22% -36.15%
Gross Profit Margin -14928.95% -2302.83% -454.12%
Selling, General & Admin $720.3K $3.281M $1.175M
YoY Change 126.85% 179.18% 7.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.200K $37.33K $47.77K
YoY Change -49.95% -21.85% -24.72%
% of Gross Profit
Operating Expenses $720.4K $3.281M $1.175M
YoY Change 126.85% 179.18% 7.06%
Operating Profit -$890.5K -$3.516M -$1.282M
YoY Change 147.72% 174.36% 1.36%
Interest Expense -$1.660K -$253.6K -$504.2K
YoY Change -98.63% -49.71% -33.19%
% of Operating Profit
Other Income/Expense, Net $0.00 $220.00 $239.8K
YoY Change -100.0% -99.91% 26247.25%
Pretax Income -$923.4K -$4.025M -$1.546M
YoY Change 456.82% 160.37% -25.88%
Income Tax
% Of Pretax Income
Net Earnings -$610.5K -$2.772M -$1.142M
YoY Change 1797.79% 142.84% -38.69%
Net Earnings / Revenue -53554.39% -27100.29% -4868.49%
Basic Earnings Per Share -$0.75
Diluted Earnings Per Share -$197.50 -$1.002K -$898.10
COMMON SHARES
Basic Shares Outstanding 3.690M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.78K $22.78K $253.6K
YoY Change -91.02% -91.02% 67.85%
Cash & Equivalents $22.78K $22.78K $253.6K
Short-Term Investments
Other Short-Term Assets $17.25K $17.25K $2.040K
YoY Change 745.59% 745.59% -57.32%
Inventory $0.00 $11.68K
Prepaid Expenses
Receivables $1.401K $1.400K $20.11K
Other Receivables $16.51K $16.51K $17.72K
Total Short-Term Assets $57.93K $57.93K $305.2K
YoY Change -81.02% -81.02% 57.47%
LONG-TERM ASSETS
Property, Plant & Equipment $53.83K $53.83K $89.28K
YoY Change -39.71% -39.71% -48.33%
Goodwill
YoY Change
Intangibles $1.302M
YoY Change
Long-Term Investments $150.0K $150.0K $150.0K
YoY Change 0.0% 0.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $1.506M $1.506M $646.7K
YoY Change 132.9% 132.9% -22.33%
TOTAL ASSETS
Total Short-Term Assets $57.93K $57.93K $305.2K
Total Long-Term Assets $1.506M $1.506M $646.7K
Total Assets $1.564M $1.564M $951.9K
YoY Change 64.33% 64.33% -7.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $310.0K $310.0K $650.0K
YoY Change -52.31% -52.31% 1.56%
Accrued Expenses $5.590K $5.590K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $235.3K
YoY Change -100.0% -100.0% 12.52%
Long-Term Debt Due $0.00 $0.00 $872.7K
YoY Change -100.0% -100.0% 5.83%
Total Short-Term Liabilities $998.4K $998.4K $2.327M
YoY Change -57.09% -57.09% 8.01%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $108.9K $108.9K $121.3K
YoY Change -10.16% -10.16% -37.09%
Total Long-Term Liabilities $108.9K $108.9K $121.3K
YoY Change -10.16% -10.16% -37.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $998.4K $998.4K $2.327M
Total Long-Term Liabilities $108.9K $108.9K $121.3K
Total Liabilities $1.107M $2.659M $4.425M
YoY Change -74.98% -39.92% 16.64%
SHAREHOLDERS EQUITY
Retained Earnings -$54.96M
YoY Change
Common Stock $3.109M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.094M -$1.094M -$3.473M
YoY Change
Total Liabilities & Shareholders Equity $1.564M $1.564M $951.9K
YoY Change 64.33% 64.33% -7.26%

Cashflow Statement

Concept 2021 Q4 2021 2020
OPERATING ACTIVITIES
Net Income -$610.5K -$2.772M -$1.142M
YoY Change 1797.79% 142.84% -38.69%
Depreciation, Depletion And Amortization $9.200K $37.33K $47.77K
YoY Change -49.95% -21.85% -24.72%
Cash From Operating Activities -$713.2K -$1.915M -$996.8K
YoY Change 141.92% 92.07% 26.0%
INVESTING ACTIVITIES
Capital Expenditures -$16.61K -$288.8K -$13.64K
YoY Change 1725.27% 2017.01% 1905.88%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$16.61K -$288.8K -$13.64K
YoY Change 1725.27% 2017.01% 1905.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 552.4K 1.790M 1.105M
YoY Change 104.09% 62.05% 17.27%
NET CHANGE
Cash From Operating Activities -713.2K -1.915M -996.8K
Cash From Investing Activities -16.61K -288.8K -13.64K
Cash From Financing Activities 552.4K 1.790M 1.105M
Net Change In Cash -177.4K -413.3K 94.13K
YoY Change 608.02% -539.09% -37.29%
FREE CASH FLOW
Cash From Operating Activities -$713.2K -$1.915M -$996.8K
Capital Expenditures -$16.61K -$288.8K -$13.64K
Free Cash Flow -$696.6K -$1.626M -$983.1K
YoY Change 137.01% 65.36% 24.39%

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