2023 Q1 Form 10-Q Financial Statement
#000155837023000269 Filed on January 13, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $43.45K | $44.99K |
YoY Change | -0.89% | -11.19% |
% of Gross Profit | ||
Research & Development | $172.6K | $207.7K |
YoY Change | 35.82% | -3.02% |
% of Gross Profit | ||
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $216.0K | $252.6K |
YoY Change | 26.4% | -4.58% |
Operating Profit | -$252.6K | |
YoY Change | -4.58% | |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$216.0K | -$252.6K |
YoY Change | 26.4% | -4.58% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | ||
Net Earnings | -$216.0K | -$252.6K |
YoY Change | 26.4% | -4.58% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 131.4M | 131.4M |
Diluted Shares Outstanding | 131.4M |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $930.00 | $1.690K |
YoY Change | -72.49% | -70.71% |
Cash & Equivalents | $934.00 | $1.692K |
Short-Term Investments | ||
Other Short-Term Assets | $1.000K | $100.00 |
YoY Change | -21.88% | -89.69% |
Inventory | ||
Prepaid Expenses | $1.000K | $100.00 |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $1.934K | $1.792K |
YoY Change | -58.51% | -73.41% |
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 | $0.00 | $0.00 |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $1.934K | $1.792K |
Total Long-Term Assets | $0.00 | $0.00 |
Total Assets | $1.934K | $1.792K |
YoY Change | -58.51% | -73.41% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $12.57K | $16.65K |
YoY Change | 1098.7% | |
Accrued Expenses | $3.091K | $11.77K |
YoY Change | -10.54% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $15.66K | $28.42K |
YoY Change | 352.6% | 1944.6% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $15.66K | $28.42K |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $15.66K | $28.42K |
YoY Change | 353.29% | 1946.08% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$126.8M | -$126.5M |
YoY Change | 0.73% | 0.69% |
Common Stock | $126.7M | $126.5M |
YoY Change | 0.72% | 0.67% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$13.73K | -$26.63K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.934K | $1.792K |
YoY Change | -58.51% | -73.41% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$216.0K | -$252.6K |
YoY Change | 26.4% | -4.58% |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$73.28K | -$47.59K |
YoY Change | 26.13% | -49.99% |
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 | 72.52K | 48.02K |
YoY Change | 30.15% | -51.99% |
NET CHANGE | ||
Cash From Operating Activities | -73.28K | -47.59K |
Cash From Investing Activities | ||
Cash From Financing Activities | 72.52K | 48.02K |
Net Change In Cash | -760.0 | 430.0 |
YoY Change | -68.07% | -91.15% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$73.28K | -$47.59K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
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us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | ||
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q4 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-53054 | |
CY2021Q4 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-55603 | |
CY2022Q4 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
53054 | |
CY2021Q4 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
55603 | |
CY2022Q4 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
2728 | |
CY2021Q4 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
-6968 | |
CY2021Q4 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
6968 | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-147062 | ||
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-169213 | ||
us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
147062 | ||
us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
169213 | ||
us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
5845 | ||
us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
-10751 | ||
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-5845 | ||
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
10751 | ||
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
164547 | |
us-gaap |
Revenues
Revenues
|
0 | ||
bzyr |
Percentage Of Future Taxable Income Net Operating Loss Carryforwards
PercentageOfFutureTaxableIncomeNetOperatingLossCarryforwards
|
0.80 | ||
bzyr |
Percentage On Net Operating Loss Carryforwards Limit Of Taxable Income Under Coronavirus Aid Relief And Economic Security Act
PercentageOnNetOperatingLossCarryforwardsLimitOfTaxableIncomeUnderCoronavirusAidReliefAndEconomicSecurityAct
|
0.80 | ||
bzyr |
Percentage Of Future Taxable Income Net Operating Loss Carryforwards
PercentageOfFutureTaxableIncomeNetOperatingLossCarryforwards
|
0.80 | ||
bzyr |
Net Operating Loss Carry Forward Indefinitely
NetOperatingLossCarryForwardIndefinitely
|
106782 |