2021 Q3 Form 10-Q Financial Statement
#000149315221028553 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 |
|---|---|
| Revenue | $1.931M |
| YoY Change | 172.83% |
| Cost Of Revenue | $1.209M |
| YoY Change | 181.88% |
| Gross Profit | $721.1K |
| YoY Change | 158.88% |
| Gross Profit Margin | 37.35% |
| Selling, General & Admin | $1.031M |
| YoY Change | 24.43% |
| % of Gross Profit | 142.96% |
| Research & Development | $34.45K |
| YoY Change | -76.68% |
| % of Gross Profit | 4.78% |
| Depreciation & Amortization | $0.00 |
| YoY Change | -100.0% |
| % of Gross Profit | 0.0% |
| Operating Expenses | $1.228M |
| YoY Change | 10.12% |
| Operating Profit | -$506.7K |
| YoY Change | -39.42% |
| Interest Expense | |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | |
| YoY Change | |
| Pretax Income | -$506.7K |
| YoY Change | -42.31% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$506.7K |
| YoY Change | -42.31% |
| Net Earnings / Revenue | -26.24% |
| Basic Earnings Per Share | -$0.04 |
| Diluted Earnings Per Share | -$39.30K |
| COMMON SHARES | |
| Basic Shares Outstanding | 12.89M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $6.261M |
| YoY Change | 163.64% |
| Cash & Equivalents | $6.404M |
| Short-Term Investments | |
| Other Short-Term Assets | $222.7K |
| YoY Change | -43.85% |
| Inventory | $1.178M |
| Prepaid Expenses | |
| Receivables | $1.182M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $8.843M |
| YoY Change | 116.29% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.840M |
| YoY Change | -16.9% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $6.750K |
| YoY Change | -18.67% |
| Total Long-Term Assets | $2.233M |
| YoY Change | -16.24% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $8.843M |
| Total Long-Term Assets | $2.233M |
| Total Assets | $11.08M |
| YoY Change | 63.97% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.418M |
| YoY Change | 202.7% |
| Accrued Expenses | $757.8K |
| YoY Change | 23.74% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $51.65K |
| YoY Change | -16.79% |
| Total Short-Term Liabilities | $2.629M |
| YoY Change | 130.01% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $516.5K |
| YoY Change | -70.06% |
| Other Long-Term Liabilities | $39.32K |
| YoY Change | -86.27% |
| Total Long-Term Liabilities | $555.8K |
| YoY Change | -72.37% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.629M |
| Total Long-Term Liabilities | $555.8K |
| Total Liabilities | $3.185M |
| YoY Change | 0.96% |
| 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 | $7.892M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $11.08M |
| YoY Change | 63.97% |
Cashflow Statement
| Concept | 2021 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$506.7K |
| YoY Change | -42.31% |
| Depreciation, Depletion And Amortization | $0.00 |
| YoY Change | -100.0% |
| Cash From Operating Activities | -$410.0K |
| YoY Change | -30.18% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$102.8K |
| YoY Change | 642.63% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$102.8K |
| YoY Change | 642.63% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -47.87K |
| YoY Change | -10.86% |
| NET CHANGE | |
| Cash From Operating Activities | -410.0K |
| Cash From Investing Activities | -102.8K |
| Cash From Financing Activities | -47.87K |
| Net Change In Cash | -560.6K |
| YoY Change | -14.38% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$410.0K |
| Capital Expenditures | -$102.8K |
| Free Cash Flow | -$307.2K |
| YoY Change | -46.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| BRFH |
Offering And Debt Issuance Costs Included In Accounts Payable
OfferingAndDebtIssuanceCostsIncludedInAccountsPayable
|
USD | ||
| BRFH |
Equipment Included In Accrued Liability
EquipmentIncludedInAccruedLiability
|
USD | ||
| CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
USD | |
| CY2021Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
USD | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.00725 | pure | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | ||
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| BRFH |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Values Issued
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValuesIssued
|
USD | ||
| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2021Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
USD | |
| us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
USD | ||
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD | |
| CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
USD | |
| CY2021Q3 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2021Q3 | BRFH |
Gain Loss On Extinguishment Of Debt For Paycheck Protection Program
GainLossOnExtinguishmentOfDebtForPaycheckProtectionProgram
|
USD | |
| CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
USD | |
| CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
USD | |
| BRFH |
Executive Deferred Compensation Settled Through Issuance Of Warrants
ExecutiveDeferredCompensationSettledThroughIssuanceOfWarrants
|
USD | ||
| BRFH |
Debt Discount Warrant And Derivative Liability
DebtDiscountWarrantAndDerivativeLiability
|
USD | ||
| BRFH |
Offering And Debt Issuance Costs Included In Accounts Payable
OfferingAndDebtIssuanceCostsIncludedInAccountsPayable
|
USD | ||
| CY2021Q3 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
| CY2021Q3 | BRFH |
Interest Payable Noncurrent
InterestPayableNoncurrent
|
USD | |
| CY2021Q3 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
USD | |
| CY2021Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
USD | |
| CY2021Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q3 | BRFH |
Gain Loss On Extinguishment Of Debt For Paycheck Protection Program
GainLossOnExtinguishmentOfDebtForPaycheckProtectionProgram
|
USD | |
| BRFH |
Gain Loss On Extinguishment Of Debt For Paycheck Protection Program
GainLossOnExtinguishmentOfDebtForPaycheckProtectionProgram
|
USD |
