2022 Q3 Form 10-Q Financial Statement

#000109690622001877 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $10.50K $17.20K $10.71K
YoY Change -29.39% -5.75% -23.17%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
% of Gross Profit
Operating Expenses $10.50K $17.20K $10.71K
YoY Change -29.4% -5.78% -23.17%
Operating Profit -$10.50K -$17.20K
YoY Change -29.42% -5.78%
Interest Expense $11.71K $11.43K -$10.97K
YoY Change -208.09% -1.79% -22.96%
% of Operating Profit
Other Income/Expense, Net -$11.71K -$11.43K
YoY Change 8.06% -1.79%
Pretax Income -$22.20K -$28.62K -$21.68K
YoY Change -13.64% -4.23% -23.07%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$22.20K -$28.62K -$21.68K
YoY Change -13.64% -4.23% -23.06%
Net Earnings / Revenue
Basic Earnings Per Share -$0.02 -$0.03
Diluted Earnings Per Share -$19.56K -$25.21K -$19.10K
COMMON SHARES
Basic Shares Outstanding 1.135M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $560.00 $290.00 $550.00
YoY Change 1.82% -38.3% 17.02%
Cash & Equivalents $559.00 $294.00 $550.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $559.00 $294.00 $550.00
YoY Change 1.64% -37.45% 17.02%
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 $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
TOTAL ASSETS
Total Short-Term Assets $559.00 $294.00 $550.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $559.00 $294.00 $550.00
YoY Change -1.93% -46.55% -11.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.18K $90.87K $94.48K
YoY Change 17.4% 14.82% 43.78%
Accrued Expenses $73.94K $68.69K $115.1K
YoY Change -20.54% -16.44% 60.42%
Deferred Revenue
YoY Change
Short-Term Debt $417.5K $413.6K $398.5K
YoY Change 7.59% 10.0% 7.7%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $659.0K $636.5K $608.2K
YoY Change 17.03% 18.45% 19.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $659.0K $636.5K $608.2K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $659.0K $636.5K $608.2K
YoY Change 17.03% 18.45% 19.83%
SHAREHOLDERS EQUITY
Retained Earnings -$1.160M -$1.138M
YoY Change
Common Stock $1.135K $1.135K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$658.4K -$636.2K -$607.6K
YoY Change
Total Liabilities & Shareholders Equity $559.00 $294.00 $550.00
YoY Change -1.93% -46.55% -11.29%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$22.20K -$28.62K -$21.68K
YoY Change -13.64% -4.23% -23.06%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Cash From Operating Activities -$3.690K -$15.31K -$3.330K
YoY Change -69.28% 222.32% -7.5%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
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 3.950K 15.05K 3.150K
YoY Change -67.36% 216.84% -7.35%
NET CHANGE
Cash From Operating Activities -3.690K -15.31K -3.330K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 3.950K 15.05K 3.150K
Net Change In Cash 260.0 -260.0 -180.0
YoY Change 188.89% 28587302322175890.0% -10.0%
FREE CASH FLOW
Cash From Operating Activities -$3.690K -$15.31K -$3.330K
Capital Expenditures
Free Cash Flow
YoY Change

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