$AUID
authID Inc.

2021 Q4 Form 10-K Financial Statement

#000121390022014214 Filed on March 22, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020
Revenue $597.2K $2.292M $2.141M
YoY Change 17.08% 7.08% -16.12%
Cost Of Revenue $166.2K $660.8K $661.6K
YoY Change 28.75% -0.13% -1.18%
Gross Profit $430.9K $1.632M $1.479M
YoY Change 13.13% 10.31% -21.43%
Gross Profit Margin 72.16% 71.17% 69.09%
Selling, General & Admin $5.641M $15.95M $6.743M
YoY Change 320.13% 136.52% -14.56%
% of Gross Profit 1308.96% 977.59% 455.93%
Research & Development $558.2K $1.647M $1.161M
YoY Change 142.7% 41.78% -28.04%
% of Gross Profit 129.54% 100.93% 78.53%
Depreciation & Amortization $316.8K $1.260M $1.251M
YoY Change -3.1% 0.78% 58.22%
% of Gross Profit 73.53% 77.25% 84.55%
Operating Expenses $6.516M $18.86M $9.155M
YoY Change 242.53% 105.96% -11.08%
Operating Profit -$6.085M -$17.22M -$7.676M
YoY Change 299.97% 124.39% -8.77%
Interest Expense -$5.870K -$585.6K -$969.4K
YoY Change -97.81% -39.59% 158.09%
% of Operating Profit
Other Income/Expense, Net $11.01K $25.41K -$297.2K
YoY Change -39.24% -108.55% -1342.6%
Pretax Income -$6.911M -$17.64M -$11.26M
YoY Change 234.07% 56.67% 7.9%
Income Tax $8.510K $21.02K $36.32K
% Of Pretax Income
Net Earnings -$6.919M -$17.67M -$11.30M
YoY Change 232.43% 56.35% 7.6%
Net Earnings / Revenue -1158.68% -770.66% -527.81%
Basic Earnings Per Share
Diluted Earnings Per Share -$298.2K -$828.2K -$625.3K
COMMON SHARES
Basic Shares Outstanding 21.33M shares
Diluted Shares Outstanding 21.33M shares

Balance Sheet

Concept 2021 Q4 2021 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.038M $6.038M $3.765M
YoY Change 60.36% 60.36% 563.98%
Cash & Equivalents $5.767M
Short-Term Investments
Other Short-Term Assets $597.6K $597.6K $237.8K
YoY Change 151.35% 151.35% -68.45%
Inventory $153.2K $153.2K $255.0K
Prepaid Expenses
Receivables $137.8K $137.8K $72.99K
Other Receivables $0.00 $0.00 $72.68K
Total Short-Term Assets $6.927M $6.927M $4.404M
YoY Change 57.29% 57.29% 161.29%
LONG-TERM ASSETS
Property, Plant & Equipment $118.5K $118.5K $147.7K
YoY Change -19.74% -19.74% -55.64%
Goodwill $4.183M
YoY Change
Intangibles $2.379M
YoY Change
Long-Term Investments
YoY Change
Other Assets $69.20K $69.20K $190.4K
YoY Change -63.65% -63.65% 126.85%
Total Long-Term Assets $6.903M $6.903M $9.471M
YoY Change -27.11% -27.11% -20.09%
TOTAL ASSETS
Total Short-Term Assets $6.927M $6.927M $4.404M
Total Long-Term Assets $6.903M $6.903M $9.471M
Total Assets $13.83M $13.83M $13.87M
YoY Change -0.32% -0.32% 2.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $593.6K $593.6K $311.0K
YoY Change 90.84% 90.84% -49.94%
Accrued Expenses $1.420M $1.420M $2.354M
YoY Change 79.7% -39.68% 47.63%
Deferred Revenue $48.00K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $674.1K $674.1K $45.18K
YoY Change 1392.12% 1392.12% 12.5%
Total Short-Term Liabilities $2.934M $2.934M $2.948M
YoY Change -0.46% -0.46% 9.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $6.299M
YoY Change -100.0% -100.0% 157.23%
Other Long-Term Liabilities $0.00 $47.81K
YoY Change -100.0% -63.66%
Total Long-Term Liabilities $0.00 $0.00 $6.347M
YoY Change -100.0% -100.0% 145.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.934M $2.934M $2.948M
Total Long-Term Liabilities $0.00 $0.00 $6.347M
Total Liabilities $2.934M $2.934M $9.295M
YoY Change -68.43% -68.43% 76.65%
SHAREHOLDERS EQUITY
Retained Earnings -$115.9M
YoY Change
Common Stock $126.6M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.90M $10.90M $4.580M
YoY Change
Total Liabilities & Shareholders Equity $13.83M $13.83M $13.87M
YoY Change -0.32% -0.32% 2.49%

Cashflow Statement

Concept 2021 Q4 2021 2020
OPERATING ACTIVITIES
Net Income -$6.919M -$17.67M -$11.30M
YoY Change 232.43% 56.35% 7.6%
Depreciation, Depletion And Amortization $316.8K $1.260M $1.251M
YoY Change -3.1% 0.78% 58.22%
Cash From Operating Activities -$3.240M -$8.762M -$4.668M
YoY Change 110.82% 87.68% -22.9%
INVESTING ACTIVITIES
Capital Expenditures -$13.33K -$116.7K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$299.4K
YoY Change -100.0% -81.33%
Cash From Investing Activities -$13.33K -$116.7K -$299.4K
YoY Change -88.7% -61.01% -81.65%
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 53.04K 11.09M 8.176M
YoY Change -98.91% 35.6% 147.38%
NET CHANGE
Cash From Operating Activities -3.240M -8.762M -4.668M
Cash From Investing Activities -13.33K -116.7K -299.4K
Cash From Financing Activities 53.04K 11.09M 8.176M
Net Change In Cash -3.200M 2.209M 3.208M
YoY Change -199.65% -31.16% -173.23%
FREE CASH FLOW
Cash From Operating Activities -$3.240M -$8.762M -$4.668M
Capital Expenditures -$13.33K -$116.7K
Free Cash Flow -$3.226M -$8.645M -$4.668M
YoY Change 85.17% -22.55%

Facts In Submission

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CY2021 dei Local Phone Number
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