$BNET
BION ENVIRONMENTAL TECHNOLOGIES INC

2022 Q1 Form 10-Q Financial Statement

#000107997322000569 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q2 2021 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $397.7K $369.4K $1.114M
YoY Change -64.31% -82.52% 314.59%
% of Gross Profit
Research & Development $29.41K $170.0K $332.2K
YoY Change -91.15% -77.37% 145.98%
% of Gross Profit
Depreciation & Amortization $250.00 $210.00 $206.00
YoY Change 21.36% 0.0% -40.63%
% of Gross Profit
Operating Expenses $427.4K $539.6K $1.447M
YoY Change -70.46% -81.16% 257.94%
Operating Profit -$427.4K -$1.447M
YoY Change -70.46% 257.94%
Interest Expense -$50.02K -$112.5K $137.9K
YoY Change -136.27% 8.75% 33.79%
% of Operating Profit
Other Income/Expense, Net $852.5K $0.00 -$103.1K
YoY Change -926.75% -100.0% 0.03%
Pretax Income $425.1K -$652.1K -$1.550M
YoY Change -127.43% -77.03% 205.53%
Income Tax
% Of Pretax Income
Net Earnings $425.6K -$651.6K -$1.550M
YoY Change -127.46% -77.01% 205.53%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $9.891K -$17.42K -$47.04K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 43.03M shares 32.92M

Balance Sheet

Concept 2022 Q1 2021 Q2 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.602M $4.216M $1.671M
YoY Change 115.6% 651.8% 368.49%
Cash & Equivalents $3.602M $4.216M $1.671M
Short-Term Investments
Other Short-Term Assets $51.27K $125.1K $7.060K
YoY Change 626.2% 1294.09% 41.77%
Inventory
Prepaid Expenses $124.0K $6.059K
Receivables
Other Receivables
Total Short-Term Assets $4.556M $4.341M $1.678M
YoY Change 171.54% 661.92% 363.98%
LONG-TERM ASSETS
Property, Plant & Equipment $1.992M $541.00 $748.00
YoY Change 266252.94% -60.45% -52.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.992M $541.00 $748.00
YoY Change 266252.94% -60.45% -52.51%
TOTAL ASSETS
Total Short-Term Assets $4.556M $4.341M $1.678M
Total Long-Term Assets $1.992M $541.00 $748.00
Total Assets $6.548M $4.342M $1.679M
YoY Change 290.11% 660.19% 362.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.218M $570.1K $548.9K
YoY Change 121.87% -9.36% -23.75%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $9.869M $9.798M
YoY Change -100.0% 2.79% 3.07%
Total Short-Term Liabilities $1.744M $10.96M $11.40M
YoY Change -84.7% -0.8% 4.42%
LONG-TERM LIABILITIES
Long-Term Debt $5.123M $4.793M $4.748M
YoY Change 7.9% 3.84% 4.13%
Other Long-Term Liabilities $125.7K
YoY Change
Total Long-Term Liabilities $5.249M $4.793M $4.748M
YoY Change 10.55% 3.84% 4.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.744M $10.96M $11.40M
Total Long-Term Liabilities $5.249M $4.793M $4.748M
Total Liabilities $7.030M $15.75M $16.14M
YoY Change -56.45% 0.57% 4.33%
SHAREHOLDERS EQUITY
Retained Earnings -$132.3M -$131.7M
YoY Change 2.68% 4.47%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$481.8K -$11.45M -$14.50M
YoY Change
Total Liabilities & Shareholders Equity $6.548M $4.342M $1.679M
YoY Change 290.11% 660.19% 362.18%

Cashflow Statement

Concept 2022 Q1 2021 Q2 2021 Q1
OPERATING ACTIVITIES
Net Income $425.6K -$651.6K -$1.550M
YoY Change -127.46% -77.01% 205.53%
Depreciation, Depletion And Amortization $250.00 $210.00 $206.00
YoY Change 21.36% 0.0% -40.63%
Cash From Operating Activities -$270.9K -$505.6K -$355.2K
YoY Change -23.75% 137.27% 28.54%
INVESTING ACTIVITIES
Capital Expenditures -$1.075M
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.075M
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 0.000 3.051M 1.665M
YoY Change -100.0% 631.18% 916.33%
NET CHANGE
Cash From Operating Activities -270.9K -505.6K -355.2K
Cash From Investing Activities -1.075M
Cash From Financing Activities 0.000 3.051M 1.665M
Net Change In Cash -1.346M 2.546M 1.310M
YoY Change -202.8% 1146.56% -1263.51%
FREE CASH FLOW
Cash From Operating Activities -$270.9K -$505.6K -$355.2K
Capital Expenditures -$1.075M
Free Cash Flow $804.5K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 us-gaap Accounts Payable Current And Noncurrent
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665375 USD
CY2021Q2 us-gaap Accounts And Other Receivables Net Current
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CY2021Q2 us-gaap Operating Lease Right Of Use Asset
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CY2022Q1 bnet Loans Payable Current Including Accrued Interest And Late Charges
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CY2021Q2 us-gaap Operating Lease Liability Noncurrent
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CY2022Q1 us-gaap Common Stock Value
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CY2022Q1 bnet Forgiveness Of Debts
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CY2021Q1 us-gaap Interest Income Operating
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us-gaap Interest Income Operating
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CY2021Q1 bnet Gain On Sale Of Domain Amounts
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bnet Gain On Sale Of Domain Amounts
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CY2022Q1 bnet Gain On Legal Dissolution Of Subsidiary
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CY2021Q1 bnet Gain On Legal Dissolution Of Subsidiary
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bnet Gain On Legal Dissolution Of Subsidiary
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bnet Forgiveness Of Debt
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us-gaap Increase Decrease In Deposit Other Assets
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us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Net Cash Provided By Used In Investing Activities
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bnet Commissions On Exercise Of Warrants
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USD
bnet Redemption Of Preferred Series B Shares And Interest
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USD
bnet Proceeds From Sale Of Units
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USD
bnet Commissions On Sale Of Units
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USD
us-gaap Proceeds From Issuance Of Common Stock
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USD
us-gaap Interest Paid Net
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USD
bnet Purchase Of Property And Equipment For Accounts Payable
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bnet Conversion Of Deferred Compensation To Note Payable
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CY2022Q1 bnet Weighted Average Number Of Shares Issued During Period
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CY2022Q1 us-gaap Machinery And Equipment Gross
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USD
CY2022Q1 us-gaap Buildings And Improvements Gross
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CY2021Q2 us-gaap Construction In Progress Gross
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USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
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CY2022Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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USD

Files In Submission

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0001079973-22-000569-index-headers.html Edgar Link pending
0001079973-22-000569-index.html Edgar Link pending
0001079973-22-000569.txt Edgar Link pending
0001079973-22-000569-xbrl.zip Edgar Link pending
bion_10q-033122.htm Edgar Link pending
bion_10q-033122_htm.xml Edgar Link completed
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