2022 Q1 Form 10-Q Financial Statement
#000149315222013344 Filed on May 13, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $409.0K |
| YoY Change | 35.52% |
| Cost Of Revenue | $73.43K |
| YoY Change | -5.36% |
| Gross Profit | $335.5K |
| YoY Change | 49.66% |
| Gross Profit Margin | 82.04% |
| Selling, General & Admin | $607.8K |
| YoY Change | 7.25% |
| % of Gross Profit | 181.13% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $19.17K |
| YoY Change | -2.59% |
| % of Gross Profit | 5.71% |
| Operating Expenses | $607.8K |
| YoY Change | 7.25% |
| Operating Profit | -$272.2K |
| YoY Change | -20.52% |
| Interest Expense | -$29.41K |
| YoY Change | -379.56% |
| % of Operating Profit | |
| Other Income/Expense, Net | $11.49K |
| YoY Change | 157.62% |
| Pretax Income | -$290.2K |
| YoY Change | -11.41% |
| Income Tax | $8.290K |
| % Of Pretax Income | |
| Net Earnings | -$299.1K |
| YoY Change | -10.36% |
| Net Earnings / Revenue | -73.14% |
| Basic Earnings Per Share | $0.00 |
| Diluted Earnings Per Share | -$2.427K |
| COMMON SHARES | |
| Basic Shares Outstanding | 123.2M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $2.442M |
| YoY Change | -27.21% |
| Cash & Equivalents | $1.591M |
| Short-Term Investments | |
| Other Short-Term Assets | $559.0K |
| YoY Change | -54.18% |
| Inventory | $380.0K |
| Prepaid Expenses | |
| Receivables | $930.00 |
| Other Receivables | $4.760K |
| Total Short-Term Assets | $3.387M |
| YoY Change | -33.9% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $401.2K |
| YoY Change | -34.79% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $72.56K |
| YoY Change | -88.87% |
| Other Assets | $264.7K |
| YoY Change | -2.15% |
| Total Long-Term Assets | $741.6K |
| YoY Change | -51.94% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $3.387M |
| Total Long-Term Assets | $741.6K |
| Total Assets | $4.128M |
| YoY Change | -38.07% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $21.90K |
| YoY Change | -39.64% |
| Accrued Expenses | $633.6K |
| YoY Change | 2.32% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $1.058M |
| YoY Change | 15.38% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $44.61K |
| YoY Change | -77.26% |
| Total Long-Term Liabilities | $44.61K |
| YoY Change | -77.26% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.058M |
| Total Long-Term Liabilities | $44.61K |
| Total Liabilities | $1.126M |
| YoY Change | 1.19% |
| 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 | $3.002M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $4.128M |
| YoY Change | -38.07% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
USD | |
| CY2021Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | |
| CY2021Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
USD | |
| CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Due To Other Related Parties Current
IncreaseDecreaseInDueToOtherRelatedPartiesCurrent
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
USD | |
| CY2022Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
USD | |
| CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
USD | |
| CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
|
USD | |
| CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
USD | |
| CY2021 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
USD | |
| CY2022Q1 | AATP |
Investments Income Dividend
InvestmentsIncomeDividend
|
USD | |
| CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
USD | |
| CY2021Q1 | us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
USD | |
| CY2021Q1 | AATP |
Related Party Office Rental Expenses
RelatedPartyOfficeRentalExpenses
|
USD | |
| CY2022Q1 | us-gaap |
Other Income
OtherIncome
|
USD | |
| CY2022Q1 | AATP |
Non Controlling Interest Asl
NonControllingInterestAsl
|
USD | |
| CY2021Q4 | AATP |
Non Controlling Interest Asl
NonControllingInterestAsl
|
USD | |
| CY2022Q1 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
| CY2021Q1 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
| CY2022Q1 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
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|
USD | |
| CY2021Q1 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
USD | |
| CY2022Q1 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
USD | |
| CY2022Q1 | AATP |
Lessee Operating Lease Liability Payments Due After Year Two
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearTwo
|
USD |
