2022 Q1 Form 10-Q Financial Statement
#000149315222013986 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $300.00 | $300.00 |
| YoY Change | 0.0% | -96.31% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $275.0K | $90.69K |
| YoY Change | 203.26% | -6.4% |
| % of Gross Profit | ||
| Research & Development | $1.720K | |
| YoY Change | -18.1% | |
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| % of Gross Profit | ||
| Operating Expenses | $0.00 | $93.56K |
| YoY Change | -100.0% | -28.33% |
| Operating Profit | -$275.9K | |
| YoY Change | ||
| Interest Expense | -$8.920K | -$5.170K |
| YoY Change | 72.53% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$27.01K | |
| YoY Change | ||
| Pretax Income | -$302.9K | -$102.7K |
| YoY Change | 195.1% | -16.14% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$302.9K | -$102.7K |
| YoY Change | 195.09% | -16.13% |
| Net Earnings / Revenue | -100973.67% | -34217.67% |
| Basic Earnings Per Share | $0.00 | |
| Diluted Earnings Per Share | -$3.500K | -$1.358K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $52.62K | $31.88K |
| YoY Change | 65.06% | 27.67% |
| Cash & Equivalents | $52.62K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $138.8K | $700.00 |
| YoY Change | 19725.71% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $191.4K | $32.58K |
| YoY Change | 487.48% | -50.08% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $109.9K | $0.00 |
| YoY Change | -100.0% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $191.4K | $32.58K |
| Total Long-Term Assets | $109.9K | $0.00 |
| Total Assets | $301.3K | $32.58K |
| YoY Change | 824.77% | -93.2% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $80.05K | $91.75K |
| YoY Change | -12.75% | 113.57% |
| Accrued Expenses | $32.84K | $10.70K |
| YoY Change | 206.92% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $220.0K | $185.0K |
| YoY Change | 18.92% | 146.67% |
| Long-Term Debt Due | $1.390K | |
| YoY Change | ||
| Total Short-Term Liabilities | $661.0K | $287.4K |
| YoY Change | 129.94% | 127.59% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $107.5K | $35.60K |
| YoY Change | 201.85% | |
| Other Long-Term Liabilities | $163.3K | |
| YoY Change | ||
| Total Long-Term Liabilities | $270.8K | $35.60K |
| YoY Change | 660.65% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $661.0K | $287.4K |
| Total Long-Term Liabilities | $270.8K | $35.60K |
| Total Liabilities | $931.7K | $323.0K |
| YoY Change | 188.43% | 155.77% |
| 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 | -$630.5K | -$290.5K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $301.3K | $32.58K |
| YoY Change | 824.77% | -93.2% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$302.9K | -$102.7K |
| YoY Change | 195.09% | -16.13% |
| Depreciation, Depletion And Amortization | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Cash From Operating Activities | -$88.59K | -$107.9K |
| YoY Change | -17.87% | -3.99% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$109.9K | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$109.9K | |
| 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 | 196.8K | 113.0K |
| YoY Change | 74.16% | -17.32% |
| NET CHANGE | ||
| Cash From Operating Activities | -88.59K | -107.9K |
| Cash From Investing Activities | -109.9K | |
| Cash From Financing Activities | 196.8K | 113.0K |
| Net Change In Cash | -1.680K | $0.00 |
| YoY Change | -100.0% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$88.59K | -$107.9K |
| Capital Expenditures | -$109.9K | |
| Free Cash Flow | $21.30K | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
USD | |
| CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
USD | |
| CY2021Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
USD | |
| CY2021Q4 | CLOQ |
Common Stock Settlement Liability Current
CommonStockSettlementLiabilityCurrent
|
USD | |
| CY2021Q4 | CLOQ |
Common Stock Settlement Liability Non Current
CommonStockSettlementLiabilityNonCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
USD | |
| CY2021Q4 | CLOQ |
Shares To Be Redeemed
SharesToBeRedeemed
|
USD | |
| CY2022Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
USD | |
| CY2021Q1 | CLOQ |
Loss On Settlement With Officer
LossOnSettlementWithOfficer
|
USD | |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| CY2022Q1 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
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| CY2022Q1 | us-gaap |
Depreciation
Depreciation
|
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| CY2021Q1 | us-gaap |
Depreciation
Depreciation
|
USD | |
| CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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| CY2022Q1 | CLOQ |
Loss On Settlement Of Payable
LossOnSettlementOfPayable
|
USD | |
| CY2021Q1 | CLOQ |
Gain On Settlement With Officer And Director
GainOnSettlementWithOfficerAndDirector
|
USD | |
| CY2021Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
USD | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | |
| CY2021Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Stock Issued1
StockIssued1
|
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| CY2021Q1 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
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| CY2022Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
USD | |
| CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
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| CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
USD | |
| CY2022Q1 | CLOQ |
Accumulated Impairment Expense
AccumulatedImpairmentExpense
|
USD | |
| CY2021Q4 | CLOQ |
Accumulated Impairment Expense
AccumulatedImpairmentExpense
|
USD | |
| CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
USD |
