2024 Q1 Form 10-Q Financial Statement

#000149315224020758 Filed on May 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $236.9K $158.2K
YoY Change 49.78%
Operating Profit -$236.9K -$158.2K
YoY Change 49.78% 4119.45%
Interest Expense $586.2K $803.1K
YoY Change -27.01%
% of Operating Profit
Other Income/Expense, Net $30.00K $803.1K
YoY Change -96.26%
Pretax Income $349.2K $644.9K
YoY Change -45.85%
Income Tax
% Of Pretax Income
Net Earnings $349.2K $644.9K
YoY Change -45.85% -17301.87%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.05 $0.07
COMMON SHARES
Basic Shares Outstanding 9.181M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.79K $311.0K
YoY Change -95.57%
Cash & Equivalents $13.79K $311.0K
Short-Term Investments
Other Short-Term Assets $78.59K $54.30K
YoY Change 44.73%
Inventory
Prepaid Expenses $78.59K $54.30K
Receivables
Other Receivables
Total Short-Term Assets $92.38K $365.3K
YoY Change -74.71%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $51.47M $71.22M
YoY Change -27.74%
Other Assets $55.00K $32.38K
YoY Change 69.86%
Total Long-Term Assets $51.52M $71.25M
YoY Change -27.69%
TOTAL ASSETS
Total Short-Term Assets $92.38K $365.3K
Total Long-Term Assets $51.52M $71.25M
Total Assets $51.61M $71.62M
YoY Change -27.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $413.4K $29.58K
YoY Change 1297.53%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $285.9K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $709.1K $39.41K
YoY Change 1699.26%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $709.1K $39.41K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $709.1K $39.41K
YoY Change 1699.35%
SHAREHOLDERS EQUITY
Retained Earnings -$617.0K $358.0K
YoY Change -272.34%
Common Stock $228.00 $228.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$616.7K $358.2K
YoY Change
Total Liabilities & Shareholders Equity $51.61M $71.62M
YoY Change -27.93%

Cashflow Statement

Concept 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $349.2K $644.9K
YoY Change -45.85% -17301.87%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$14.77K -$348.1K
YoY Change -95.76%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$55.00K
YoY Change
Cash From Investing Activities -$55.00K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $55.00K
YoY Change
NET CHANGE
Cash From Operating Activities -$14.77K -$348.1K
Cash From Investing Activities -$55.00K
Cash From Financing Activities $55.00K
Net Change In Cash -$14.77K -$348.1K
YoY Change -95.76%
FREE CASH FLOW
Cash From Operating Activities -$14.77K -$348.1K
Capital Expenditures
Free Cash Flow
YoY Change

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<p id="xdx_846_eus-gaap--UseOfEstimates_zzqUFX1BxTq" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86D_ztfx0VS7wQEg">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the financial statement in conformity with US GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_z8qVRo4TEMJg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_867_zBt9ZHnZYCb1">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $<span id="xdx_90A_eus-gaap--CashFDICInsuredAmount_iI_c20240331_z5ZIYyRVerY8" title="Federal Depository Insurance Coverage">250,000</span>. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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Files In Submission

Name View Source Status
atmv-20240331_pre.xml Edgar Link unprocessable
0001493152-24-020758-index-headers.html Edgar Link pending
0001493152-24-020758-index.html Edgar Link pending
0001493152-24-020758.txt Edgar Link pending
0001493152-24-020758-xbrl.zip Edgar Link pending
atmv-20240331.xsd Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
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