2022 Q1 Form 10-Q Financial Statement
#000149315222014745 Filed on May 23, 2022
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 | $374.1K | $16.65K |
| YoY Change | 2146.91% | |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.200K | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $374.1K | $16.65K |
| YoY Change | 2146.91% | |
| Operating Profit | -$374.1K | |
| YoY Change | ||
| Interest Expense | -$13.78K | $0.00 |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | -$13.78K | |
| YoY Change | ||
| Pretax Income | -$387.9K | -$16.65K |
| YoY Change | 2229.67% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$387.9K | -$16.65K |
| YoY Change | 2229.67% | |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$14.16K | -$1.858K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 27.39M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $17.99K | $16.64K |
| YoY Change | 8.11% | |
| Cash & Equivalents | $17.99K | $16.64K |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.600K | $1.270K |
| YoY Change | 25.98% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $19.59K | $17.91K |
| YoY Change | 9.38% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $20.34K | |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $3.170M | $0.00 |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $19.59K | $17.91K |
| Total Long-Term Assets | $3.170M | $0.00 |
| Total Assets | $3.190M | $17.91K |
| YoY Change | 17711.5% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $435.7K | $35.04K |
| YoY Change | 1143.55% | |
| Accrued Expenses | $618.1K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $124.1K | $59.90K |
| YoY Change | 107.21% | |
| Long-Term Debt Due | $687.5K | |
| YoY Change | ||
| Total Short-Term Liabilities | $1.865M | $189.0K |
| YoY Change | 887.16% | |
| 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 | $1.865M | $189.0K |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $1.865M | $189.0K |
| YoY Change | 887.16% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.325M | -$171.1K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.190M | $17.91K |
| YoY Change | 17711.5% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$387.9K | -$16.65K |
| YoY Change | 2229.67% | |
| Depreciation, Depletion And Amortization | $1.200K | |
| YoY Change | ||
| Cash From Operating Activities | -$110.7K | -$27.98K |
| YoY Change | 295.5% | |
| 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 | 118.2K | |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | -110.7K | -27.98K |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 118.2K | |
| Net Change In Cash | $0.00 | $0.00 |
| YoY Change | ||
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$110.7K | -$27.98K |
| Capital Expenditures | ||
| Free Cash Flow | -$110.7K | -$27.98K |
| YoY Change | 295.5% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | us-gaap |
Due To Related Parties Current
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| CY2021Q4 | us-gaap |
Due To Related Parties Current
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| CY2021Q4 | us-gaap |
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| CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
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| CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
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Interest Expense Debt
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Depreciation And Amortization
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Increase Decrease In Prepaid Expense
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Payments To Acquire Property Plant And Equipment
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Payments To Acquire Property Plant And Equipment
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
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| CY2021Q1 | us-gaap |
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Proceeds From Related Party Debt
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Net Cash Provided By Used In Financing Activities
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Income Taxes Paid Net
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| CY2022Q1 | us-gaap |
Interest Paid Net
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| CY2021Q1 | us-gaap |
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| CY2021Q4 | WWIN |
Accrued Interest Related Party
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| CY2022Q1 | us-gaap |
Debt Instrument Term
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P1Y |
