2022 Q3 Form 10-Q Financial Statement

#000147793222005931 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $55.00K $0.00 $15.00K
YoY Change 450.0% -100.0%
Cost Of Revenue $16.00K $0.00 $6.791K
YoY Change 300.0% -100.0%
Gross Profit $39.00K $0.00 $8.209K
YoY Change 550.0% -100.0%
Gross Profit Margin 70.91% 54.73%
Selling, General & Admin $805.5K $1.108M $1.130M
YoY Change 6.37% 122.43% 302.27%
% of Gross Profit 2065.28% 13766.07%
Research & Development $230.9K $659.7K $10.00K
YoY Change 290.23%
% of Gross Profit 592.15% 121.82%
Depreciation & Amortization $23.02K $23.02K $23.02K
YoY Change 0.0% 0.0% 0.0%
% of Gross Profit 59.03% 280.42%
Operating Expenses $1.059M $1.791M $1.163M
YoY Change 26.21% 243.56% 282.67%
Operating Profit -$1.020M -$1.791M -$1.155M
YoY Change 22.44% 247.23% 279.97%
Interest Expense $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $38.08K $0.00 $0.00
YoY Change -103.77% -100.0% -100.0%
Pretax Income -$982.3K -$1.791M -$1.155M
YoY Change -46.72% -38.35% -104.15%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$982.3K -$1.791M -$1.155M
YoY Change -46.72% -38.35% -104.15%
Net Earnings / Revenue -1786.07% -7699.13%
Basic Earnings Per Share -$0.07 -$0.20 -$0.18
Diluted Earnings Per Share -$0.07 -$0.20 -$0.18
COMMON SHARES
Basic Shares Outstanding 14.07M shares 9.011M shares 6.454M shares
Diluted Shares Outstanding 14.07M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.97M $22.86M $9.147M
YoY Change 613.61% 14316.84% 3224.6%
Cash & Equivalents $16.97M $22.86M $9.147M
Short-Term Investments
Other Short-Term Assets $5.021M $64.96K $64.96K
YoY Change
Inventory $15.89K $20.63K $14.15K
Prepaid Expenses
Receivables $0.00 $0.00 $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $22.01M $22.95M $9.226M
YoY Change 753.64% 14370.99% 3253.36%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.280K $3.280K $3.281K
YoY Change 0.0%
Total Long-Term Assets $461.9K $484.9K $507.9K
YoY Change -16.62% -15.48% -14.88%
TOTAL ASSETS
Total Short-Term Assets $22.01M $22.95M $9.226M
Total Long-Term Assets $461.9K $484.9K $507.9K
Total Assets $22.47M $23.43M $9.734M
YoY Change 617.39% 3100.04% 1016.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $327.8K $310.7K $335.7K
YoY Change -27.87% -14.89% -5.71%
Accrued Expenses $54.92K $64.92K $29.92K
YoY Change 83.56% -9.17% -55.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $397.0K $389.8K $379.8K
YoY Change -88.64% -73.06% -88.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $397.0K $389.8K $379.8K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $397.0K $389.8K $379.8K
YoY Change -88.64% -73.06% -88.54%
SHAREHOLDERS EQUITY
Retained Earnings -$47.60M -$46.61M -$44.82M
YoY Change 22.66% 26.12%
Common Stock $14.08K $13.96K $6.521K
YoY Change 472.7% -98.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $22.07M $23.04M $9.354M
YoY Change
Total Liabilities & Shareholders Equity $22.47M $23.43M $9.734M
YoY Change 617.39% 3100.04% 1016.44%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$982.3K -$1.791M -$1.155M
YoY Change -46.72% -38.35% -104.15%
Depreciation, Depletion And Amortization $23.02K $23.02K $23.02K
YoY Change 0.0% 0.0% 0.0%
Cash From Operating Activities -$873.3K -$1.756M -$1.577M
YoY Change 123.47% 690.29% 257.15%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$5.021M $0.00 $0.00
YoY Change 2410.66%
Cash From Investing Activities -$5.021M $0.00 $0.00
YoY Change 2410.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00 15.47M $0.00
YoY Change -100.0% 14553.11% -100.0%
NET CHANGE
Cash From Operating Activities -873.3K -1.756M -$1.577M
Cash From Investing Activities -5.021M 0.000 $0.00
Cash From Financing Activities 10.00 15.47M $0.00
Net Change In Cash -5.895M 13.72M -$1.577M
YoY Change -365.6% -11868.92% -990.29%
FREE CASH FLOW
Cash From Operating Activities -$873.3K -$1.756M -$1.577M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2021Q2 celz Proceeds From Chairman
ProceedsFromChairman
50000 usd
CY2021Q2 celz Proceeds From Director
ProceedsFromDirector
150000 usd
CY2021Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.05 pure
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
451614 usd
CY2021Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
120185 usd
celz Debt Conversion Shares Issued
DebtConversionSharesIssued
772099 shares
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
1229351 usd
CY2021Q2 celz Initial Derivative Liabilities
InitialDerivativeLiabilities
817791 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y
CY2021Q2 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
683151 usd
celz Gain Loss Related To Change In Fair Market Value Of Derivative Liabilities
GainLossRelatedToChangeInFairMarketValueOfDerivativeLiabilities
2251446 usd
celz Gain Loss Related To Change In Fair Market Value Of Derivative Liabilities
GainLossRelatedToChangeInFairMarketValueOfDerivativeLiabilities
262224593 usd
CY2021Q2 celz Share Price On Reveluation
SharePriceOnReveluation
17.50
CY2021Q2 celz Derivative Liabilities Fair Value
DerivativeLiabilitiesFairValue
12225353 usd
celz Annual Dividend Yield
AnnualDividendYield
0 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0081 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.9295 pure
CY2022Q2 us-gaap Share Price
SharePrice
1.69
CY2022Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
2991669 shares
CY2022Q2 celz Purchase Of Warrants Shares
PurchaseOfWarrantsShares
4563887 shares
CY2022Q2 celz Purchase Of Pre Funded Warrant And Related Common Warrant
PurchaseOfPreFundedWarrantAndRelatedCommonWarrant
15111112 shares
CY2022Q2 celz Combined Offering Price Of Pre Funded Warrant And Related Common Warrant
CombinedOfferingPriceOfPreFundedWarrantAndRelatedCommonWarrant
2.25
CY2022Q2 celz Description Of Amendment
DescriptionOfAmendment
pursuant to a Securities Purchase Agreement between the Company and the Purchasers dated as of April 28, 2022 (the “Purchase Agreement”), resulting in gross proceeds to the Company of approximately $17,000,000. The transaction was effected pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended and Rule 506(b) promulgated thereunder
celz Common Warrants Term
CommonWarrantsTerm
five-year
celz Common Warrants Exercise Price
CommonWarrantsExercisePrice
2.00
celz Pre Funded Warrants Exercise Price
PreFundedWarrantsExercisePrice
0.0001
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2485 usd
celz Conversion Of Management Fees And Patent Liability Into Common Stock
ConversionOfManagementFeesAndPatentLiabilityIntoCommonStock
50000 usd
celz Discounts On Convertible Notes Payable Due To Derivative Liabilities
DiscountsOnConvertibleNotesPayableDueToDerivativeLiabilities
134640 usd

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celz-20220630.xsd Edgar Link pending
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