2021 Q2 Form 10-Q Financial Statement
#000121390021042868 Filed on August 16, 2021
Income Statement
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q2 |
|---|---|---|---|
| Revenue | $9.000K | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | $0.00 | ||
| YoY Change | |||
| Gross Profit | $9.000K | ||
| YoY Change | |||
| Gross Profit Margin | 100.0% | ||
| Selling, General & Admin | $149.1K | $108.1K | $120.1K |
| YoY Change | 24.18% | 260.27% | 60.22% |
| % of Gross Profit | 1657.11% | ||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $103.9K | $108.1K | $120.1K |
| YoY Change | -13.48% | 260.27% | 60.22% |
| Operating Profit | -$93.91K | ||
| YoY Change | |||
| Interest Expense | $23.40K | -$821.4K | -$212.4K |
| YoY Change | -111.02% | 719.79% | -22.8% |
| % of Operating Profit | |||
| Other Income/Expense, Net | -$24.40K | $0.00 | |
| YoY Change | -100.0% | ||
| Pretax Income | -$118.3K | -$1.196M | -$332.5K |
| YoY Change | -64.41% | 818.53% | -60.06% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$118.3K | -$1.196M | -$332.5K |
| YoY Change | -64.41% | 818.53% | -60.06% |
| Net Earnings / Revenue | -1314.52% | ||
| Basic Earnings Per Share | -$0.01 | ||
| Diluted Earnings Per Share | -$0.01 | -$686.10 | -$1.094K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 18.15M | ||
| Diluted Shares Outstanding | 18.15M |
Balance Sheet
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | |||
| YoY Change | |||
| Cash & Equivalents | |||
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | |||
| YoY Change | |||
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Total Long-Term Assets | |||
| YoY Change | |||
| TOTAL ASSETS | |||
| Total Short-Term Assets | |||
| Total Long-Term Assets | |||
| Total Assets | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $326.4K | $326.4K | $316.4K |
| YoY Change | 3.16% | 3.16% | 6.6% |
| Accrued Expenses | $1.466M | $1.432M | $1.567M |
| YoY Change | -6.47% | -3.24% | 112.52% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $1.300M | $1.643M | $2.025M |
| YoY Change | -35.82% | -17.18% | 7.73% |
| Long-Term Debt Due | $0.00 | ||
| YoY Change | |||
| Total Short-Term Liabilities | $3.749M | $5.648M | $4.533M |
| YoY Change | -17.29% | 33.42% | 27.58% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | -$255.9K | ||
| YoY Change | |||
| Total Long-Term Liabilities | -$255.9K | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $3.749M | $5.648M | $4.533M |
| Total Long-Term Liabilities | -$255.9K | $0.00 | $0.00 |
| Total Liabilities | $3.493M | $5.648M | $4.533M |
| YoY Change | -22.94% | 33.42% | 27.58% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$713.6K | -$713.6K | -$4.533M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $0.00 | $0.00 | |
| YoY Change | -100.0% |
Cashflow Statement
| Concept | 2021 Q2 | 2021 Q1 | 2020 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$118.3K | -$1.196M | -$332.5K |
| YoY Change | -64.41% | 818.53% | -60.06% |
| Depreciation, Depletion And Amortization | |||
| YoY Change | |||
| Cash From Operating Activities | -$39.00K | -$11.10K | |
| YoY Change | 251.35% | -70.08% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | $0.00 |
| 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 | 39.00K | 11.10K | |
| YoY Change | 251.35% | -66.87% | |
| NET CHANGE | |||
| Cash From Operating Activities | -39.00K | -11.10K | |
| Cash From Investing Activities | |||
| Cash From Financing Activities | 39.00K | 11.10K | |
| Net Change In Cash | $0.00 | $0.00 | |
| YoY Change | -100.0% | ||
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$39.00K | -$11.10K | |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
USD | |
| CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
USD | |
| CY2021Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
USD | |
| CY2020Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
USD | |
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001381871 | ||
| CY2020Q2 | czni |
Gain On New Methodology For Accounting For Debt Conversion Features
GainOnNewMethodologyForAccountingForDebtConversionFeatures
|
USD | |
| CY2020Q2 | czni |
Loss On Legal Settlement
LossOnLegalSettlement
|
USD | |
| CY2020Q2 | czni |
Reconciliation Of Debt Balances
ReconciliationOfDebtBalances
|
USD | |
| CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2020Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
USD | |
| CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
USD | |
| CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
USD | |
| CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
USD | |
| CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
USD | |
| CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
USD | |
| CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2020Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
| CY2020Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
| CY2020Q2 | czni |
Common Stock Issued For Extinguishment Of Preferred Stock
CommonStockIssuedForExtinguishmentOfPreferredStock
|
USD | |
| CY2021Q2 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
USD | |
| us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
USD | ||
| us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
