2022 Q1 Form 10-Q Financial Statement
#000149315222013953 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $811.3K | $560.0K |
| YoY Change | 44.87% | 21.74% |
| % of Gross Profit | ||
| Research & Development | $6.696M | $2.236M |
| YoY Change | 199.43% | 21.05% |
| % of Gross Profit | ||
| Depreciation & Amortization | $55.99K | $98.22K |
| YoY Change | -43.0% | 3.62% |
| % of Gross Profit | ||
| Operating Expenses | $7.508M | $2.792M |
| YoY Change | 168.92% | 20.81% |
| Operating Profit | -$7.508M | -$2.792M |
| YoY Change | 168.92% | 20.81% |
| Interest Expense | -$426.8K | $24.00 |
| YoY Change | -1778600.0% | -27.27% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $0.00 | $101.00 |
| YoY Change | -100.0% | -99.84% |
| Pretax Income | -$7.934M | -$2.792M |
| YoY Change | 184.22% | 24.24% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$7.934M | -$2.792M |
| YoY Change | 184.22% | 24.24% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.53 | |
| Diluted Earnings Per Share | -$531.9K | -$252.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 14.92M shares | 10.30M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $78.30M | $34.94M |
| YoY Change | 124.09% | 107.36% |
| Cash & Equivalents | $78.30M | $34.94M |
| Short-Term Investments | ||
| Other Short-Term Assets | $955.4K | $590.0K |
| YoY Change | 61.93% | 47.5% |
| Inventory | ||
| Prepaid Expenses | $551.3K | |
| Receivables | ||
| Other Receivables | $190.0K | |
| Total Short-Term Assets | $79.44M | $35.71M |
| YoY Change | 122.44% | 104.78% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $486.0K | $466.5K |
| YoY Change | 4.18% | -50.9% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $486.0K | $653.1K |
| YoY Change | -25.58% | -31.25% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $79.44M | $35.71M |
| Total Long-Term Assets | $486.0K | $653.1K |
| Total Assets | $79.93M | $36.37M |
| YoY Change | 119.79% | 97.75% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.139M | $318.2K |
| YoY Change | 572.28% | 354.59% |
| Accrued Expenses | $1.406M | $660.8K |
| YoY Change | 112.71% | -16.35% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $5.860K | $10.00K |
| YoY Change | -41.4% | 0.0% |
| Total Short-Term Liabilities | $3.551M | $1.171M |
| YoY Change | 203.35% | 36.11% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $14.82M | $10.00K |
| YoY Change | 148140.0% | 0.0% |
| Other Long-Term Liabilities | $15.33K | $20.00K |
| YoY Change | -23.35% | |
| Total Long-Term Liabilities | $14.84M | $30.00K |
| YoY Change | 49364.43% | 200.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.551M | $1.171M |
| Total Long-Term Liabilities | $14.84M | $30.00K |
| Total Liabilities | $18.39M | $1.193M |
| YoY Change | 1442.13% | 35.51% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$29.11M | |
| YoY Change | ||
| Common Stock | $12.29K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $61.54M | $35.17M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $79.93M | $36.37M |
| YoY Change | 119.79% | 97.75% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$7.934M | -$2.792M |
| YoY Change | 184.22% | 24.24% |
| Depreciation, Depletion And Amortization | $55.99K | $98.22K |
| YoY Change | -43.0% | 3.62% |
| Cash From Operating Activities | -$5.933M | -$2.522M |
| YoY Change | 135.3% | 37.52% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$11.64K | $30.93K |
| YoY Change | -137.64% | -32.19% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | -$11.64K | -$30.43K |
| YoY Change | -61.74% | -33.28% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $0.00 | |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -46.29K | $25.85M |
| YoY Change | -100.18% | -1797799.65% |
| NET CHANGE | ||
| Cash From Operating Activities | -5.933M | -$2.522M |
| Cash From Investing Activities | -11.64K | -$30.43K |
| Cash From Financing Activities | -46.29K | $25.85M |
| Net Change In Cash | -5.991M | $23.30M |
| YoY Change | -125.71% | -1338.88% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$5.933M | -$2.522M |
| Capital Expenditures | -$11.64K | $30.93K |
| Free Cash Flow | -$5.921M | -$2.552M |
| YoY Change | 131.99% | 35.82% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | CELC |
Loss On Sale Of Fixed Assets
LossOnSaleOfFixedAssets
|
USD | |
| CY2021Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
USD | |
| CY2021Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
USD | |
| CY2021Q1 | CELC |
Payment In Kind Interest
PaymentInKindInterest
|
USD | |
| CY2022Q1 | CELC |
Loss On Disposition Of Assets
LossOnDispositionOfAssets
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | |
| CY2021Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2022Q1 | CELC |
Gross Proceeds From An Atm Offering
GrossProceedsFromAnAtmOffering
|
USD | |
| CY2022Q1 | CELC |
Lessee Operating Lease Liability Amount Representing Services
LesseeOperatingLeaseLiabilityAmountRepresentingServices
|
USD |
