2022 Q1 Form 10-Q Financial Statement
#000153949722001047 Filed on May 23, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $579.0K | $1.342M |
| YoY Change | -56.85% | 404.39% |
| % of Gross Profit | ||
| Research & Development | $240.1K | $347.0K |
| YoY Change | -30.8% | |
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $819.1K | $1.689M |
| YoY Change | -51.5% | 534.83% |
| Operating Profit | -$819.1K | |
| YoY Change | ||
| Interest Expense | -$144.3K | -$87.41K |
| YoY Change | 65.06% | -68.15% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$144.3K | |
| YoY Change | ||
| Pretax Income | -$963.4K | -$1.776M |
| YoY Change | -45.76% | 228.64% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$912.3K | -$1.622M |
| YoY Change | -43.75% | 200.04% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$8.230K | -$16.20K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 110.8M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $739.6K | $91.64K |
| YoY Change | 707.05% | 108.79% |
| Cash & Equivalents | $739.6K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $274.7K | |
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $739.6K | $366.4K |
| YoY Change | 101.88% | 734.7% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $68.35K | $18.95K |
| YoY Change | 260.69% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $739.6K | $366.4K |
| Total Long-Term Assets | $68.35K | $18.95K |
| Total Assets | $807.9K | $385.3K |
| YoY Change | 109.69% | 777.88% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $796.5K | $368.4K |
| YoY Change | 116.23% | 217.56% |
| Accrued Expenses | $476.0K | |
| YoY Change | 958.74% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $3.552M | $2.033M |
| YoY Change | 74.72% | 18.29% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $4.887M | $2.878M |
| YoY Change | 69.8% | 53.02% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $4.887M | $2.878M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $4.439M | $4.062M |
| YoY Change | 9.28% | 115.93% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$9.666M | |
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$4.079M | -$2.493M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $807.9K | $385.3K |
| YoY Change | 109.69% | 777.88% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$912.3K | -$1.622M |
| YoY Change | -43.75% | 200.04% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | -$691.4K | -$391.1K |
| YoY Change | 76.79% | 149.44% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$22.32K | -$8.950K |
| YoY Change | 149.39% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$22.32K | -$8.950K |
| YoY Change | 149.39% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.381M | 450.0K |
| YoY Change | 206.88% | 1349.28% |
| NET CHANGE | ||
| Cash From Operating Activities | -691.4K | -391.1K |
| Cash From Investing Activities | -22.32K | -8.950K |
| Cash From Financing Activities | 1.381M | 450.0K |
| Net Change In Cash | 667.2K | 49.95K |
| YoY Change | 1235.8% | -139.72% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$691.4K | -$391.1K |
| Capital Expenditures | -$22.32K | -$8.950K |
| Free Cash Flow | -$669.1K | -$382.2K |
| YoY Change | 75.09% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | bixt |
Unissued Shares Liability
UnissuedSharesLiability
|
USD | |
| CY2021Q4 | bixt |
Unissued Shares Liability Related Party
UnissuedSharesLiabilityRelatedParty
|
USD | |
| CY2021Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | |
| CY2022Q1 | bixt |
Increase Decrease Other Shortterm Debt
IncreaseDecreaseOtherShorttermDebt
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
USD | |
| CY2021Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
USD | |
| CY2021Q1 | bixt |
Debt Discount On Convertible Note
DebtDiscountOnConvertibleNote
|
USD | |
| CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-9665938 | USD |
| CY2022Q1 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P20Y | |
| CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
USD | |
| CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
USD | |
| CY2021Q4 | bixt |
Unissued Share Liability Consultant
UnissuedShareLiabilityConsultant
|
USD | |
| CY2021Q4 | bixt |
Unissued Share Liability Related Party2
UnissuedShareLiabilityRelatedParty2
|
USD | |
| CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P3Y | |
| CY2022Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P0Y11M19D | |
| CY2022Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P0Y11M19D | |
| CY2022Q1 | bixt |
Accounts Payables Related Party
AccountsPayablesRelatedParty
|
796506 | USD |
| CY2021Q4 | bixt |
Accounts Payables Related Party
AccountsPayablesRelatedParty
|
531000 | USD |
| CY2022Q1 | bixt |
Unissued Share Liability Related Party2
UnissuedShareLiabilityRelatedParty2
|
6400 | USD |
