2019 Q4 Form 10-K Financial Statement
#000121390021018061 Filed on March 29, 2021
Income Statement
| Concept | 2019 Q4 | 2019 | 2018 Q4 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $240.0K | $590.0K | $200.0K |
| YoY Change | 20.0% | 84.38% | |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $240.0K | $590.0K | $200.0K |
| YoY Change | 20.0% | 84.38% | |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | $250.0K | $860.0K | $340.0K |
| YoY Change | -26.47% | 152.94% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $10.00K | $270.0K | $150.0K |
| YoY Change | -93.33% | 1250.0% | |
| Income Tax | $0.00 | $0.00 | $0.00 |
| % Of Pretax Income | 0.0% | 0.0% | 0.0% |
| Net Earnings | $10.00K | -$16.16M | $150.0K |
| YoY Change | -93.33% | -80875.0% | |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $4.386K | $128.0K | $110.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 Q4 | 2019 | 2018 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $430.0K | $430.0K | $740.0K |
| YoY Change | -41.89% | -41.89% | |
| Cash & Equivalents | $8.788M | ||
| Short-Term Investments | |||
| Other Short-Term Assets | $50.00K | $50.00K | $50.00K |
| YoY Change | 0.0% | 0.0% | |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $480.0K | $480.0K | $790.0K |
| YoY Change | -39.24% | -39.24% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | |||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $48.30M | $48.30M | $46.37M |
| YoY Change | 4.16% | 4.16% | |
| Total Long-Term Assets | $48.30M | $48.30M | $46.37M |
| YoY Change | 4.16% | 4.16% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $480.0K | $480.0K | $790.0K |
| Total Long-Term Assets | $48.30M | $48.30M | $46.37M |
| Total Assets | $48.78M | $48.78M | $47.16M |
| YoY Change | 3.44% | 3.44% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $110.0K | $110.0K | $120.0K |
| YoY Change | -8.33% | -8.33% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $920.0K | $920.0K | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $1.420M | $1.420M | $220.0K |
| YoY Change | 545.45% | 545.45% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $1.840M | $1.840M | $1.840M |
| YoY Change | 0.0% | 0.0% | |
| Total Long-Term Liabilities | $1.840M | $1.840M | $1.840M |
| YoY Change | 0.0% | 0.0% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.420M | $1.420M | $220.0K |
| Total Long-Term Liabilities | $1.840M | $1.840M | $1.840M |
| Total Liabilities | $3.260M | $3.260M | $2.060M |
| YoY Change | 58.25% | 58.25% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$69.57M | ||
| YoY Change | |||
| Common Stock | $2.000K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$67.77M | $45.52M | -$52.04M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $48.78M | $48.78M | $47.16M |
| YoY Change | 3.44% | 3.44% |
Cashflow Statement
| Concept | 2019 Q4 | 2019 | 2018 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $10.00K | -$16.16M | $150.0K |
| YoY Change | -93.33% | -80875.0% | |
| Depreciation, Depletion And Amortization | |||
| YoY Change | |||
| Cash From Operating Activities | -$130.0K | -$600.0K | -$20.00K |
| YoY Change | 550.0% | 185.71% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 110.0K | 280.0K | 0.000 |
| YoY Change | -99.4% | ||
| NET CHANGE | |||
| Cash From Operating Activities | -130.0K | -600.0K | -20.00K |
| Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
| Cash From Financing Activities | 110.0K | 280.0K | 0.000 |
| Net Change In Cash | -20.00K | -320.0K | -20.00K |
| YoY Change | 0.0% | -143.24% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$130.0K | -$600.0K | -$20.00K |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
USD | |
| CY2019Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
72661000 | USD |
| CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
6000 | USD |
| CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
2000 | USD |
| CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
153571000 | USD |
| CY2019Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1754000 | USD |
| CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-153561000 | USD |
| CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-69571000 | USD |
| CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
325000 | USD |
| CY2019Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
41000 | USD |
| CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-67774000 | USD |
| CY2020 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.10 | |
| CY2019 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.93 | |
| CY2020 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
17503992 | shares |
| CY2019 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
17357505 | shares |
| CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-52039000 | USD |
| CY2019 | clnn |
Application Of Asc842
ApplicationOfASC842
|
14000 | USD |
| CY2019 | clnn |
Issuance Of Series C Preferred Stock Net Of Issuance Costs
IssuanceOfSeriesCPreferredStockNetOfIssuanceCosts
|
USD | |
| CY2019 | clnn |
Exercise Of Series C Preferred Stock Warrants
ExerciseOfSeriesCPreferredStockWarrants
|
USD | |
| CY2019 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
10000 | USD |
| CY2019 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
399000 | USD |
| CY2019 | clnn |
Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
|
-3000 | USD |
| CY2019 | us-gaap |
Profit Loss
ProfitLoss
|
-16155000 | USD |
| CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
USD | |
| CY2020 | clnn |
Issuance Of Series D Preferred Stock In Connection With The Extinguishment Of Convertible Promis
IssuanceOfSeriesDPreferredStockInConnectionWithTheExtinguishmentOfConvertiblePromis
|
USD | |
| CY2020 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
78000 | USD |
| CY2020 | clnn |
Conversion Of Redeemable Convertible Preferred Stock Into Common Stock In Connection With The
ConversionOfRedeemableConvertiblePreferredStockIntoCommonStockInConnectionWithThe
|
114603000 | USD |
| CY2020 | clnn |
Extinguishment Of Preferred Stock Warrant Liability In Connection With The Conversion Of Redeemable
ExtinguishmentOfPreferredStockWarrantLiabilityInConnectionWithTheConversionOfRedeemable
|
17828000 | USD |
| CY2020 | clnn |
Issuance Of Common Stock In Connection With The Private Placement Offering Net Of Offering Costs
IssuanceOfCommonStockInConnectionWithThePrivatePlacementOfferingNetOfOfferingCosts
|
31833000 | USD |
| CY2020 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-5911000 | USD |
| CY2020 | clnn |
Issuance Of Common Stock As Payment Of Related Offering Costs
IssuanceOfCommonStockAsPaymentOfRelatedOfferingCosts
|
USD | |
| CY2020 | clnn |
Contingent Earnout Recognized In Connection With Reverse Recapitalizati
ContingentEarnoutRecognizedInConnectionWithReverseRecapitalizati
|
-64713000 | USD |
| CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
341000 | USD |
| CY2020 | clnn |
Contingent Earnout Recognized In Connection With The Reverse Recapitalization
ContingentEarnoutRecognizedInConnectionWithTheReverseRecapitalization
|
-7371000 | USD |
| CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
761000 | USD |
| CY2020 | clnn |
Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
|
284000 | USD |
| CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
-19277000 | USD |
| CY2020 | clnn |
Net Issuance Costs
NetIssuanceCosts
|
1300000 | USD |
