2022 Q1 Form 10-Q Financial Statement

#000149315222012341 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $229.2K
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit
Operating Expenses $229.2K
YoY Change
Operating Profit -$229.2K
YoY Change
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$229.2K
YoY Change
Income Tax $0.00
% Of Pretax Income
Net Earnings -$229.2K
YoY Change
Net Earnings / Revenue
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$7.076K
COMMON SHARES
Basic Shares Outstanding 20.24M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.166M
YoY Change
Cash & Equivalents $1.166M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.270K
Other Receivables $0.00
Total Short-Term Assets $1.169M
YoY Change
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 $35.00K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $1.169M
Total Long-Term Assets $35.00K
Total Assets $1.204M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.85K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $395.0K
YoY Change
Total Short-Term Liabilities $463.3K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $463.3K
Total Long-Term Liabilities $0.00
Total Liabilities $463.3K
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$514.1K
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $711.8K $1.286M
YoY Change
Total Liabilities & Shareholders Equity $1.204M
YoY Change

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$229.2K
YoY Change
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities -$220.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $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 1.150M
YoY Change
NET CHANGE
Cash From Operating Activities -220.0
Cash From Investing Activities 0.000
Cash From Financing Activities 1.150M
Net Change In Cash 1.150M
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$220.00
Capital Expenditures $0.00
Free Cash Flow -$220.00
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
USD
CY2022Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
USD
CY2021Q1 spin Cash Acquired From Acquisition Of Entity
CashAcquiredFromAcquisitionOfEntity
USD
CY2022Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD

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