2022 Q4 Form 10-Q Financial Statement

#000149315222035452 Filed on December 14, 2022

View on sec.gov

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

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