2021 Q3 Form 10-Q Financial Statement
#000149315221027260 Filed on November 04, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $1.807M | $744.6K |
| YoY Change | 142.73% | 115.26% |
| Cost Of Revenue | $672.7K | $609.3K |
| YoY Change | 10.41% | 433.44% |
| Gross Profit | $1.135M | $135.3K |
| YoY Change | 738.64% | -41.61% |
| Gross Profit Margin | 62.78% | 18.17% |
| Selling, General & Admin | $5.520M | $2.482M |
| YoY Change | 122.38% | 25.13% |
| % of Gross Profit | 486.53% | 1834.8% |
| Research & Development | $625.6K | $402.3K |
| YoY Change | 55.5% | 84.11% |
| % of Gross Profit | 55.14% | 297.39% |
| Depreciation & Amortization | $0.00 | |
| YoY Change | ||
| % of Gross Profit | 0.0% | |
| Operating Expenses | $6.146M | $2.885M |
| YoY Change | 113.05% | 30.98% |
| Operating Profit | -$5.011M | -$2.749M |
| YoY Change | 82.27% | 39.51% |
| Interest Expense | -$5.322M | -$451.8K |
| YoY Change | 1078.03% | 1106.09% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$419.4K | $239.0K |
| YoY Change | -275.5% | |
| Pretax Income | -$10.75M | -$2.962M |
| YoY Change | 263.0% | 47.51% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$10.75M | -$2.962M |
| YoY Change | 263.0% | 47.51% |
| Net Earnings / Revenue | -594.97% | -397.83% |
| Basic Earnings Per Share | -$0.26 | |
| Diluted Earnings Per Share | -$250.5K | -$79.69K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 42.93M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $11.69M | $470.2K |
| YoY Change | 2387.28% | 1000.33% |
| Cash & Equivalents | $11.69M | |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | $118.1K | $179.3K |
| Prepaid Expenses | ||
| Receivables | $1.643M | $1.016M |
| Other Receivables | $490.7K | $164.4K |
| Total Short-Term Assets | $13.95M | $1.830M |
| YoY Change | 662.21% | 176.77% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $0.00 | $165.3K |
| YoY Change | -100.0% | -54.54% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $5.850K | $237.9K |
| YoY Change | -97.54% | -40.01% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $13.95M | $1.830M |
| Total Long-Term Assets | $5.850K | $237.9K |
| Total Assets | $13.95M | $2.068M |
| YoY Change | 574.78% | 95.48% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.623M | $1.295M |
| YoY Change | 25.32% | 6.43% |
| Accrued Expenses | $1.068M | $851.6K |
| YoY Change | 25.42% | -8.34% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.831M | $2.420M |
| YoY Change | -24.34% | -33.57% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $5.215M | $7.106M |
| YoY Change | -26.62% | 22.76% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $870.8K | $1.571M |
| YoY Change | -44.57% | |
| Other Long-Term Liabilities | $121.8K | $803.3K |
| YoY Change | -84.83% | 381.02% |
| Total Long-Term Liabilities | $992.6K | $2.374M |
| YoY Change | -58.19% | 1321.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.215M | $7.106M |
| Total Long-Term Liabilities | $992.6K | $2.374M |
| Total Liabilities | $6.207M | $9.481M |
| YoY Change | -34.53% | 59.18% |
| 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 | $7.745M | -$7.413M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.95M | $2.068M |
| YoY Change | 574.78% | 95.48% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$10.75M | -$2.962M |
| YoY Change | 263.0% | 47.51% |
| Depreciation, Depletion And Amortization | $0.00 | |
| YoY Change | ||
| Cash From Operating Activities | -$3.239M | -$2.136M |
| YoY Change | 51.64% | 46.05% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| 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 | 14.81M | 2.604M |
| YoY Change | 468.84% | 76.63% |
| NET CHANGE | ||
| Cash From Operating Activities | -3.239M | -2.136M |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 14.81M | 2.604M |
| Net Change In Cash | 11.57M | 468.0K |
| YoY Change | 2373.31% | 3882.64% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.239M | -$2.136M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| BTCY |
Cashless Exercise Of Warrants Value
CashlessExerciseOfWarrantsValue
|
USD | ||
| BTCY |
Loss On Debt Conversion
LossOnDebtConversion
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | ||
| BTCY |
Proceeds From Issuance Of Shares From Uplisting
ProceedsFromIssuanceOfSharesFromUplisting
|
USD | ||
| us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
| BTCY |
Proceeds From Due To Shareholders
ProceedsFromDueToShareholders
|
USD | ||
| BTCY |
Proceeds From Due To Shareholders
ProceedsFromDueToShareholders
|
USD | ||
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
shares | |
| CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
||
| CY2018 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| CY2018 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2019 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| CY2019 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2021Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
| CY2021Q3 | BTCY |
Cashless Exercise Of Warrants Value
CashlessExerciseOfWarrantsValue
|
USD | |
| CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
USD | |
| CY2021Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
| CY2021Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2021Q3 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| CY2021Q3 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
