2022 Q1 Form 10-Q Financial Statement
#000149315222013396 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $16.00K | $18.00K |
| YoY Change | -11.11% | -30.77% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $4.294M | $14.91M |
| YoY Change | -71.19% | 2163.29% |
| % of Gross Profit | ||
| Research & Development | $775.3K | $165.3K |
| YoY Change | 369.19% | -11.31% |
| % of Gross Profit | ||
| Depreciation & Amortization | $26.01K | $24.20K |
| YoY Change | 7.48% | -44.7% |
| % of Gross Profit | ||
| Operating Expenses | $5.070M | $15.07M |
| YoY Change | -66.36% | 1683.77% |
| Operating Profit | -$5.054M | |
| YoY Change | ||
| Interest Expense | -$29.01K | -$598.7K |
| YoY Change | -95.15% | -82.86% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $16.65K | |
| YoY Change | ||
| Pretax Income | -$4.816M | -$15.65M |
| YoY Change | -69.23% | 107.31% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$4.816M | -$15.65M |
| YoY Change | -69.23% | 107.31% |
| Net Earnings / Revenue | -30100.94% | -86962.94% |
| Basic Earnings Per Share | -$1.37 | |
| Diluted Earnings Per Share | -$1.367M | -$21.44M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 3.523M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $19.32M | $2.501M |
| YoY Change | 672.62% | 52220.29% |
| Cash & Equivalents | $19.32M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $540.3K | $75.45K |
| YoY Change | 616.08% | 239.56% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $16.00K | $18.00K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $19.88M | $2.594M |
| YoY Change | 666.23% | 4795.02% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $469.0K | $461.2K |
| YoY Change | 1.69% | -23.68% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $1.040M | $1.107M |
| YoY Change | -6.03% | -16.45% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $19.88M | $2.594M |
| Total Long-Term Assets | $1.040M | $1.107M |
| Total Assets | $20.92M | $3.701M |
| YoY Change | 465.2% | 168.65% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $213.9K | $245.7K |
| YoY Change | -12.93% | -88.01% |
| Accrued Expenses | $279.9K | $1.031M |
| YoY Change | -72.86% | -73.69% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $0.00 | $14.69K |
| YoY Change | -100.0% | -99.82% |
| Total Short-Term Liabilities | $493.8K | $1.292M |
| YoY Change | -61.77% | -92.99% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $4.712M |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $268.4K | $392.3K |
| YoY Change | -31.59% | -21.19% |
| Total Long-Term Liabilities | $268.4K | $5.104M |
| YoY Change | -94.74% | 925.48% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $493.8K | $1.292M |
| Total Long-Term Liabilities | $268.4K | $5.104M |
| Total Liabilities | $762.2K | $6.396M |
| YoY Change | -88.08% | -66.19% |
| 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 | $20.16M | -$2.694M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $20.92M | $3.701M |
| YoY Change | 465.2% | 168.65% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$4.816M | -$15.65M |
| YoY Change | -69.23% | 107.31% |
| Depreciation, Depletion And Amortization | $26.01K | $24.20K |
| YoY Change | 7.48% | -44.7% |
| Cash From Operating Activities | -$1.595M | -$813.7K |
| YoY Change | 95.97% | 81.37% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$109.6K | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$109.6K | |
| 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 | 250.0K | |
| YoY Change | -44.66% | |
| NET CHANGE | ||
| Cash From Operating Activities | -1.595M | -813.7K |
| Cash From Investing Activities | -109.6K | |
| Cash From Financing Activities | 250.0K | |
| Net Change In Cash | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.595M | -$813.7K |
| Capital Expenditures | -$109.6K | |
| Free Cash Flow | -$1.485M | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
392256 | USD |
| CY2022Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
USD | |
| CY2021Q1 | BRTX |
Gain On Ppp Loan Forgiveness
GainOnPppLoanForgiveness
|
USD | |
| CY2022Q1 | BRTX |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
USD | |
| CY2021Q1 | BRTX |
Grant Income
GrantIncome
|
USD | |
| CY2021Q1 | BRTX |
Shares Issued In Cashless Exercise Of Warrants
SharesIssuedInCashlessExerciseOfWarrants
|
USD | |
| CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | |
| CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
USD | |
| CY2021Q1 | BRTX |
Gain On Ppp Loan Forgiveness
GainOnPppLoanForgiveness
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
USD | |
| CY2021Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
USD | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2022Q1 | BRTX |
Proceeds From Ppp Loan
ProceedsFromPppLoan
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Stock Issued1
StockIssued1
|
USD | |
| CY2022Q1 | BRTX |
Accrued Research And Development Expenses
AccruedResearchAndDevelopmentExpenses
|
USD | |
| CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
USD | |
| CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
USD | |
| CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
USD |
