2018 Q2 Form 10-K Financial Statement
#000105291818000382 Filed on October 15, 2018
Income Statement
| Concept | 2018 Q2 | 2018 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.360M | $4.007M |
| YoY Change | -26.88% | 89.35% |
| % of Gross Profit | ||
| Research & Development | $2.250M | $5.641M |
| YoY Change | 268.85% | 483.95% |
| % of Gross Profit | ||
| Depreciation & Amortization | $10.00K | $7.020K |
| YoY Change | 23300.0% | |
| % of Gross Profit | ||
| Operating Expenses | $3.610M | $9.648M |
| YoY Change | 46.75% | 213.03% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $3.420M | -$3.287K |
| YoY Change | 17000.0% | -95.77% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$10.00K | -$9.370K |
| YoY Change | 0.0% | |
| Pretax Income | -$190.0K | -$5.717M |
| YoY Change | -92.21% | 82.43% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$190.0K | -$5.717M |
| YoY Change | -92.21% | 82.43% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$87.96K | -$2.650M |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 Q2 | 2018 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $500.0K | $502.7K |
| YoY Change | -15.25% | -15.31% |
| Cash & Equivalents | $500.0K | $502.7K |
| Short-Term Investments | ||
| Other Short-Term Assets | $680.0K | $678.9K |
| YoY Change | 209.09% | 204.17% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $230.0K | $229.1K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.410M | $1.411M |
| YoY Change | 71.95% | 71.57% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $100.0K | $97.25K |
| YoY Change | -67.74% | -68.53% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $68.94K | |
| YoY Change | ||
| Total Long-Term Assets | $100.0K | $97.26K |
| YoY Change | -67.74% | -68.53% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.410M | $1.411M |
| Total Long-Term Assets | $100.0K | $97.26K |
| Total Assets | $1.510M | $1.508M |
| YoY Change | 33.63% | 33.3% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $230.0K | $225.2K |
| YoY Change | -11.54% | -14.03% |
| Accrued Expenses | $510.0K | $507.5K |
| YoY Change | 226.07% | 224.45% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $70.00K | $70.82K |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.040M | $1.041M |
| YoY Change | 147.62% | 148.91% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $680.0K | $682.9K |
| YoY Change | 0.0% | |
| Total Long-Term Liabilities | $680.0K | $682.9K |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.040M | $1.041M |
| Total Long-Term Liabilities | $680.0K | $682.9K |
| Total Liabilities | $1.720M | $1.724M |
| YoY Change | 309.52% | 312.15% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | $33.01K | |
| YoY Change | 32.64% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$220.0K | -$216.3K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.508M | $1.508M |
| YoY Change | 33.3% | 33.3% |
Cashflow Statement
| Concept | 2018 Q2 | 2018 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$190.0K | -$5.717M |
| YoY Change | -92.21% | 82.43% |
| Depreciation, Depletion And Amortization | $10.00K | $7.020K |
| YoY Change | 23300.0% | |
| Cash From Operating Activities | -$3.060M | -$8.679M |
| YoY Change | 105.37% | 326.79% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$50.00K | -$95.25K |
| YoY Change | -83.87% | -69.18% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $10.00K | |
| YoY Change | ||
| Cash From Investing Activities | $0.00 | -$95.25K |
| YoY Change | -100.0% | -69.18% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.500M | 8.683M |
| YoY Change | 2.74% | 196.69% |
| NET CHANGE | ||
| Cash From Operating Activities | -3.060M | -8.679M |
| Cash From Investing Activities | 0.000 | -95.25K |
| Cash From Financing Activities | 1.500M | 8.683M |
| Net Change In Cash | -1.560M | -90.85K |
| YoY Change | 358.82% | -115.55% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.060M | -$8.679M |
| Capital Expenditures | -$50.00K | -$95.25K |
| Free Cash Flow | -$3.010M | -$8.584M |
| YoY Change | 155.08% | 397.75% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
180353 | USD |
| CY2017Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
| CY2018 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2018Q2 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
3288 | USD |
| CY2017Q2 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
USD | |
| CY2018Q2 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
70820 | USD |
| CY2018Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
682903 | USD |
| CY2017Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
USD | |
| CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
33013 | USD |
| CY2018 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2719746 | USD |
| CY2018 | us-gaap |
Professional Fees
ProfessionalFees
|
490362 | USD |
| CY2018Q2 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
1 | USD |
| CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2017 | fil |
Shares Issued At075 Per Share Value
SharesIssuedAt075PerShareValue
|
1132917 | USD |
| CY2018 | us-gaap |
Interest Expense
InterestExpense
|
-3287 | USD |
| CY2017 | fil |
Shares Issued At019 Per Share Value
SharesIssuedAt019PerShareValue
|
1685809 | USD |
| CY2017 | fil |
Shares Issued At019 Per Share Stock
SharesIssuedAt019PerShareStock
|
shares | |
| CY2017 | fil |
Shares Issued At075 Per Share Stock
SharesIssuedAt075PerShareStock
|
shares | |
| CY2017 | fil |
Additional Shares Issued At019 Per Share Value
AdditionalSharesIssuedAt019PerShareValue
|
61875 | USD |
| CY2017 | fil |
Additional Shares Issued At019 Per Share Stock
AdditionalSharesIssuedAt019PerShareStock
|
shares | |
| CY2017 | fil |
Shares Issued At073 Per Share Value
SharesIssuedAt073PerShareValue
|
1247511 | USD |
| CY2017 | fil |
Shares Issued At073 Per Share Stock
SharesIssuedAt073PerShareStock
|
shares | |
| CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
310383 | USD |
| CY2018 | fil |
Shares Issued At078 Per Share Value
SharesIssuedAt078PerShareValue
|
7936974 | USD |
| CY2018 | fil |
Shares Issued At078 Per Share Stock
SharesIssuedAt078PerShareStock
|
shares |
