2024 Q4 Form 10-Q Financial Statement

#000147793224006991 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $0.00 $6.000K
YoY Change -100.0% -89.09%
Cost Of Revenue $0.00 $2.400K
YoY Change -100.0% -85.0%
Gross Profit $0.00 $3.600K
YoY Change -100.0% -90.77%
Gross Profit Margin 60.0%
Selling, General & Admin $498.6K $531.0K
YoY Change -6.11% -34.07%
% of Gross Profit 14751.17%
Research & Development $581.8K $992.7K
YoY Change -41.39% 329.86%
% of Gross Profit 27575.61%
Depreciation & Amortization $29.27K $20.00K
YoY Change 46.35% -13.12%
% of Gross Profit 555.56%
Operating Expenses $1.110M $1.547M
YoY Change -28.26% 46.0%
Operating Profit -$1.110M -$1.543M
YoY Change -28.09% 51.23%
Interest Expense $69.54K $90.00K
YoY Change -22.73%
% of Operating Profit
Other Income/Expense, Net $69.54K $89.23K
YoY Change -22.07% 134.31%
Pretax Income -$1.040M -$1.454M
YoY Change -28.46% 48.01%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.040M -$1.454M
YoY Change -28.46% 48.01%
Net Earnings / Revenue -24232.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.75 -$1.02
COMMON SHARES
Basic Shares Outstanding 1.748M shares 1.338M shares 1.431M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.260M $4.510M
YoY Change 38.81% -73.42%
Cash & Equivalents $6.260M $4.507M
Short-Term Investments $0.00
Other Short-Term Assets $67.61K $7.530M
YoY Change -99.1% 49.96%
Inventory $3.394K $7.794K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.331M $12.04M
YoY Change -47.43% -45.27%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.280K $0.00
YoY Change -100.0%
Total Long-Term Assets $556.5K $469.8K
YoY Change 18.45% 1.71%
TOTAL ASSETS
Total Short-Term Assets $6.331M $12.04M
Total Long-Term Assets $556.5K $469.8K
Total Assets $6.888M $12.51M
YoY Change -44.96% -44.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $273.8K $367.0K
YoY Change -25.41% 11.96%
Accrued Expenses $42.92K $39.92K
YoY Change 7.52% -27.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $330.9K $421.2K
YoY Change -21.43% 6.1%
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 $330.9K $421.2K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $330.9K $421.2K
YoY Change -21.43% 6.1%
SHAREHOLDERS EQUITY
Retained Earnings -$62.74M -$57.42M
YoY Change 9.26% 20.64%
Common Stock $1.431K $1.431K
YoY Change 0.0% -89.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $191.8K
YoY Change
Treasury Stock Shares
Shareholders Equity $6.557M $12.09M
YoY Change
Total Liabilities & Shareholders Equity $6.888M $12.51M
YoY Change -44.96% -44.31%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$1.040M -$1.454M
YoY Change -28.46% 48.01%
Depreciation, Depletion And Amortization $29.27K $20.00K
YoY Change 46.35% -13.12%
Cash From Operating Activities -$985.6K -$1.300M
YoY Change -24.19% 48.86%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$200.0K $1.820M
YoY Change -110.99% -136.25%
Cash From Investing Activities -$200.0K $1.820M
YoY Change -110.99% -136.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.45K 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -985.6K -1.300M
Cash From Investing Activities -200.0K 1.820M
Cash From Financing Activities -25.45K 0.000
Net Change In Cash -1.211M 520.0K
YoY Change -332.89% -108.82%
FREE CASH FLOW
Cash From Operating Activities -$985.6K -$1.300M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8320519 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6260438 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4507108 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
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0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
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0 usd
CY2023Q4 us-gaap Stockholders Equity
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celz Purchase Of Treasury Stock
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us-gaap Share Based Compensation
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27486 usd
celz Issuance Of Series B Preferred Stock Amount
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100 usd
us-gaap Net Income Loss
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-3639407 usd
CY2024Q3 us-gaap Stockholders Equity
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6557011 usd
CY2024Q2 us-gaap Stockholders Equity
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CY2024Q3 celz Purchase Of Treasury Stock
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CY2024Q3 us-gaap Share Based Compensation
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9162 usd
CY2024Q3 celz Issuance Of Series B Preferred Stock Amount
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CY2024Q3 us-gaap Net Income Loss
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CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
6557011 usd
CY2022Q4 us-gaap Stockholders Equity
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celz Round Up Shares Issued In Reverse Stock Split Amount
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0 usd
celz Purchase Of Treasury Stock
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us-gaap Share Based Compensation
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Stockholders Equity
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CY2023Q2 us-gaap Stockholders Equity
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CY2023Q3 us-gaap Share Based Compensation
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CY2023Q3 us-gaap Net Income Loss
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CY2023Q3 celz Purchase Of Treasury Stock
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CY2023Q3 us-gaap Stockholders Equity
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us-gaap Use Of Estimates
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Use of Estimates –</em></strong>The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2024Q3 us-gaap Deferred Revenue
DeferredRevenue
43000 usd
CY2023Q4 us-gaap Deferred Revenue
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us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em><strong>Concentration Risks</strong></em> – The Federal Deposit Insurance Corporation insures cash deposits in most general bank accounts for up to $250,000 per institution. The Company maintains its cash balances at four financial institutions. As of September 30, 2024, the Company’s balance exceeded the limit at three institutions. </p>
celz Round Up Shares Issued In Reverse Stock Split Shares
RoundUpSharesIssuedInReverseStockSplitShares
23502 shares
CY2016Q1 celz Number Of Share Exchange
NumberOfShareExchange
43112 shares
CY2024Q3 celz Initial Payment Amount
InitialPaymentAmount
100000 usd
CY2017Q2 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
Payment may be made in cash or shares of our common at a discount of 30% to the lowest closing price within 20 business days prior to the conversion date
CY2017Q2 celz Initial Payments To Acquire Intangible Assets
InitialPaymentsToAcquireIntangibleAssets
100000 usd
CY2024Q3 celz Additional Cmh Payment Amount
AdditionalCMHPaymentAmount
50000 usd
celz Obligation Due Through Issuance Of Common Stocks
ObligationDueThroughIssuanceOfCommonStocks
300000 usd
celz Payment For Clinical Trial Amount
PaymentForClinicalTrialAmount
200000 usd
celz Payment For Clinical Trial Amount
PaymentForClinicalTrialAmount
200000 usd
CY2024Q2 celz Purchase Price In Cash
PurchasePriceInCash
100 usd
CY2024Q2 celz Number Of Voting Rights
NumberOfVotingRights
100000000 integer
CY2024Q3 celz Outstanding Share Of Series B Preferred Stock Redeemed Amount
OutstandingShareOfSeriesBPreferredStockRedeemedAmount
100 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure

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