2022 Q4 Form 10-Q Financial Statement
#000149315222035452 Filed on December 14, 2022
Income Statement
Concept | 2022 Q4 | 2021 Q4 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $2.148M | $1.409M |
YoY Change | 52.43% | 509.21% |
% of Gross Profit | ||
Research & Development | $3.255M | $875.6K |
YoY Change | 271.75% | 487.44% |
% of Gross Profit | ||
Depreciation & Amortization | $3.818K | $3.820K |
YoY Change | -0.05% | 0.26% |
% of Gross Profit | ||
Operating Expenses | $5.403M | $2.285M |
YoY Change | 136.48% | 500.67% |
Operating Profit | -$5.403M | -$2.285M |
YoY Change | 136.48% | |
Interest Expense | $5.360K | |
YoY Change | -134.1% | |
% of Operating Profit | ||
Other Income/Expense, Net | $4.297M | -$106.8K |
YoY Change | -4124.17% | |
Pretax Income | -$1.107M | -$2.386M |
YoY Change | -53.63% | 466.35% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$1.107M | -$2.386M |
YoY Change | -53.63% | 466.35% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | -$0.07 | -$1.81 |
Diluted Earnings Per Share | -$71.31K | -$156.6K |
COMMON SHARES | ||
Basic Shares Outstanding | 15.52M shares | 15.24M shares |
Diluted Shares Outstanding | 15.52M shares |
Balance Sheet
Concept | 2022 Q4 | 2021 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $37.45M | $55.49M |
YoY Change | -32.51% | 645884.75% |
Cash & Equivalents | $37.45M | $55.49M |
Short-Term Investments | ||
Other Short-Term Assets | $742.1K | $406.8K |
YoY Change | 82.43% | 50.19% |
Inventory | ||
Prepaid Expenses | $742.1K | |
Receivables | $29.70K | $19.33K |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $38.22M | $55.92M |
YoY Change | -31.64% | 19344.38% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $2.00 | $0.00 |
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $226.5K | $241.8K |
YoY Change | -6.32% | -23.43% |
TOTAL ASSETS | ||
Total Short-Term Assets | $38.22M | $55.92M |
Total Long-Term Assets | $226.5K | $241.8K |
Total Assets | $38.45M | $56.16M |
YoY Change | -31.53% | 9207.54% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $791.8K | $240.1K |
YoY Change | 229.83% | -94.73% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $974.1K | $431.4K |
YoY Change | 125.8% | -91.2% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $26.96K |
YoY Change | -100.0% | -85.98% |
Other Long-Term Liabilities | $27.14M | $306.2K |
YoY Change | 8763.54% | |
Total Long-Term Liabilities | $27.14M | $333.2K |
YoY Change | 8046.33% | 73.31% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $974.1K | $431.4K |
Total Long-Term Liabilities | $27.14M | $333.2K |
Total Liabilities | $28.12M | $764.6K |
YoY Change | 3577.46% | -84.99% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$61.46M | |
YoY Change | ||
Common Stock | $71.93M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $10.33M | $55.39M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $38.45M | $56.16M |
YoY Change | -31.53% | 9207.54% |
Cashflow Statement
Concept | 2022 Q4 | 2021 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$1.107M | -$2.386M |
YoY Change | -53.63% | 466.35% |
Depreciation, Depletion And Amortization | $3.818K | $3.820K |
YoY Change | -0.05% | 0.26% |
Cash From Operating Activities | -$3.542M | -$1.779M |
YoY Change | 99.17% | 2961.27% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | ||
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 | -$47.29K | 0.000 |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | -$3.542M | -1.779M |
Cash From Investing Activities | ||
Cash From Financing Activities | -$47.29K | 0.000 |
Net Change In Cash | -$3.590M | -1.779M |
YoY Change | 101.83% | 5637.42% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.542M | -$1.779M |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
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235 15th Street, Suite 300, | |
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BC | |
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31307022 | usd |
CY2022Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2022Q3 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
5.50 | |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
6.50 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1 | pure |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0423 | pure |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0268 | pure |
CY2022Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
1670400 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
1373053 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1111941 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
518134 | usd |
CY2022Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1106541 | usd |
CY2021Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-27533485 | usd |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15518018 | shares |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15238646 | shares |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.81 |