2021 Form 10-K Financial Statement
#000149315222008184 Filed on March 30, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $46.00K | $77.00K |
| YoY Change | -40.26% | -40.77% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $25.62M | $1.952M |
| YoY Change | 1212.58% | -71.46% |
| % of Gross Profit | ||
| Research & Development | $729.1K | $876.8K |
| YoY Change | -16.85% | -49.09% |
| % of Gross Profit | ||
| Depreciation & Amortization | $89.11K | $121.4K |
| YoY Change | -26.59% | -44.16% |
| % of Gross Profit | ||
| Operating Expenses | $26.35M | $2.829M |
| YoY Change | 831.54% | -66.96% |
| Operating Profit | -$26.31M | |
| YoY Change | ||
| Interest Expense | -$1.815M | -$3.781M |
| YoY Change | -51.99% | -13.08% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$18.00M | |
| YoY Change | ||
| Pretax Income | -$44.30M | -$11.27M |
| YoY Change | 293.01% | -23.04% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$44.30M | -$11.27M |
| YoY Change | 293.01% | -23.04% |
| Net Earnings / Revenue | -96311.52% | -14639.86% |
| Basic Earnings Per Share | -$37.30 | |
| Diluted Earnings Per Share | -$37.30M | -$28.56M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.188M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $21.03M | $3.065M |
| YoY Change | 586.11% | 184515.06% |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $436.2K | $105.4K |
| YoY Change | 313.79% | 199.46% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $5.000K | $17.00K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $21.47M | $3.187M |
| YoY Change | 573.6% | 4528.26% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $395.8K | $495.8K |
| YoY Change | -20.16% | -24.69% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $985.5K | $1.160M |
| YoY Change | -15.04% | -16.99% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $21.47M | $3.187M |
| Total Long-Term Assets | $985.5K | $1.160M |
| Total Assets | $22.45M | $4.347M |
| YoY Change | 416.52% | 196.46% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $50.83K | $118.9K |
| YoY Change | -57.23% | -93.92% |
| Accrued Expenses | $254.0K | $925.9K |
| YoY Change | -72.57% | -74.92% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $58.97K | $0.00 |
| YoY Change | -100.0% | |
| Total Short-Term Liabilities | $363.8K | $1.045M |
| YoY Change | -65.18% | -92.39% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $191.0K | $4.270M |
| YoY Change | -95.53% | |
| Other Long-Term Liabilities | $301.7K | $363.5K |
| YoY Change | -17.02% | -30.35% |
| Total Long-Term Liabilities | $492.7K | $4.634M |
| YoY Change | -89.37% | 787.88% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $363.8K | $1.045M |
| Total Long-Term Liabilities | $492.7K | $4.634M |
| Total Liabilities | $856.5K | $5.679M |
| YoY Change | -84.92% | -60.13% |
| 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 | $21.60M | -$1.331M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $22.45M | $4.347M |
| YoY Change | 416.52% | 196.46% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | BRTX |
Shares Issued In Cashless Exercise Of Warrants
SharesIssuedInCashlessExerciseOfWarrants
|
USD | |
| CY2021 | us-gaap |
Accretion Expense
AccretionExpense
|
USD | |
| CY2021 | BRTX |
Reorganization Items Net
ReorganizationItemsNet
|
USD | |
| CY2021 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
USD | |
| CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
USD | |
| CY2020Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
USD | |
| CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
USD | |
| CY2020Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
USD | |
| CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2021 | us-gaap |
Reorganization Items
ReorganizationItems
|
USD | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2020 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
USD | |
| CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2020 | BRTX |
Proceeds From Ppp Loan
ProceedsFromPppLoan
|
USD | |
| CY2021 | BRTX |
Proceeds From Debtor In Possession Financing
ProceedsFromDebtorInPossessionFinancing
|
USD | |
| CY2021 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
USD | |
| CY2021 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
USD | |
| CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2020 | BRTX |
Noncash Accrued Expense Exchanged For Converitble Notes
NoncashAccruedExpenseExchangedForConveritbleNotes
|
USD | |
| CY2021 | BRTX |
Shares Issued In Satisfaction Of Bankruptcy Allowable Claims
SharesIssuedInSatisfactionOfBankruptcyAllowableClaims
|
USD | |
| CY2021 | BRTX |
Fair Market Value Of Benefical Conversion Feature And Warrants Issued Convertible Notes Payable Instruments
FairMarketValueOfBeneficalConversionFeatureAndWarrantsIssuedConvertibleNotesPayableInstruments
|
USD | |
| CY2021 | BRTX |
Sale Of Warrants Recorded As Derivative Liabilities
SaleOfWarrantsRecordedAsDerivativeLiabilities
|
USD | |
| CY2020 | BRTX |
Converitble Debt And Accrued Interest Exchanged For Common And Preferred Shares And Warrants In Public Offering
ConveritbleDebtAndAccruedInterestExchangedForCommonAndPreferredSharesAndWarrantsInPublicOffering
|
USD | |
| CY2020 | BRTX |
Accrued Dip Expenses Exchanged For Convertible Notes
AccruedDipExpensesExchangedForConvertibleNotes
|
USD | |
| CY2020Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
USD | |
| CY2020Q4 | BRTX |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
USD | |
| CY2021Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
USD | |
| CY2020 | BRTX |
Thirdparty Purchases
ThirdpartyPurchases
|
USD | |
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
USD | |
| CY2020 | BRTX |
Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageGrantDateFairValue
|
USD | |
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
USD | |
| CY2020Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
USD | |
| CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2020Q4 | us-gaap |
Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
|
657598 | USD |
