$CLRI
Cleartronic, Inc.

2014 Q1 Form 10-Q Financial Statement

#000109181814000063 Filed on February 19, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2012 Q4
Revenue $66.80K $53.45K $101.8K
YoY Change -41.7% -47.51% 2.72%
Cost Of Revenue $30.22K $23.06K $54.78K
YoY Change -49.41% -57.91% -14.54%
Gross Profit $36.58K $30.39K $47.05K
YoY Change -33.29% -35.39% 34.3%
Gross Profit Margin 54.77% 56.86% 46.2%
Selling, General & Admin $76.72K $122.7K $1.284M
YoY Change -57.69% -90.44% 407.17%
% of Gross Profit 209.71% 403.8% 2730.12%
Research & Development $3.000K $0.00 $3.000K
YoY Change -100.0% -94.73%
% of Gross Profit 8.2% 0.0% 6.38%
Depreciation & Amortization $0.00 $0.00 $1.548K
YoY Change -100.0% -100.0% -37.78%
% of Gross Profit 0.0% 0.0% 3.29%
Operating Expenses $79.72K $122.7K $1.289M
YoY Change -56.23% -90.48% 312.18%
Operating Profit -$43.14K -$92.34K -$1.242M
YoY Change -66.11% -92.56% 347.24%
Interest Expense $25.27K $18.72K -$1.080M
YoY Change -109.36% -101.73% 3500.0%
% of Operating Profit
Other Income/Expense, Net -$25.27K -$18.72K -$715.9K
YoY Change -84.87% -97.39% 1753.94%
Pretax Income -$70.00K -$110.0K -$1.960M
YoY Change -75.86% -94.39% 532.26%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$68.41K -$111.1K -$1.958M
YoY Change -76.76% -94.33% 532.03%
Net Earnings / Revenue -102.41% -207.76% -1922.69%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$33.04 -$52.69 -$1.913K
COMMON SHARES
Basic Shares Outstanding 2.108B shares 1.331M
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q1 2013 Q4 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $30.00K $0.00
YoY Change -100.0% -100.0%
Cash & Equivalents $4.898K $33.00K $4.093K
Short-Term Investments
Other Short-Term Assets $10.00K $40.00K $20.00K
YoY Change -98.08% 100.0% -50.0%
Inventory $17.79K $34.13K $30.00K
Prepaid Expenses
Receivables $5.356K $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $36.70K $108.7K $60.00K
YoY Change -93.67% 81.1% -49.7%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00
YoY Change -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $36.70K $108.7K $60.00K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $36.70K $108.7K $60.00K
YoY Change -93.67% 81.1% -53.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $364.9K $358.3K $440.0K
YoY Change -8.78% -18.56% 4.3%
Accrued Expenses $263.4K $260.5K $220.0K
YoY Change 46.34% 18.39% -6.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $60.00K
YoY Change -100.0%
Long-Term Debt Due $180.0K $180.0K $170.0K
YoY Change -41.94% 5.88% 0.0%
Total Short-Term Liabilities $841.5K $845.0K $1.140M
YoY Change -11.42% -25.88% 23.95%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $10.00K $10.00K $20.00K
YoY Change -50.0% -50.0% -60.0%
Total Long-Term Liabilities $10.00K $10.00K $20.00K
YoY Change -50.0% -50.0% -90.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $841.5K $845.0K $1.140M
Total Long-Term Liabilities $10.00K $10.00K $20.00K
Total Liabilities $846.8K $850.4K $1.170M
YoY Change -12.7% -27.32% 3.57%
SHAREHOLDERS EQUITY
Retained Earnings -$11.98M -$11.91M
YoY Change
Common Stock $21.19K $21.08K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$810.1K -$741.7K -$1.110M
YoY Change
Total Liabilities & Shareholders Equity $36.70K $108.7K $60.00K
YoY Change -93.67% 81.1% -53.49%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2012 Q4
OPERATING ACTIVITIES
Net Income -$68.41K -$111.1K -$1.958M
YoY Change -76.76% -94.33% 532.03%
Depreciation, Depletion And Amortization $0.00 $0.00 $1.548K
YoY Change -100.0% -100.0% -37.78%
Cash From Operating Activities -$30.00K -$130.0K -$80.00K
YoY Change 62.5% -26.72%
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 $300.0K $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 150.0K 50.00K
YoY Change -100.0% 200.0% -52.13%
NET CHANGE
Cash From Operating Activities -30.00K -130.0K -80.00K
Cash From Investing Activities
Cash From Financing Activities 0.000 150.0K 50.00K
Net Change In Cash -30.00K 20.00K -30.00K
YoY Change -400.0% -166.67% 535.32%
FREE CASH FLOW
Cash From Operating Activities -$30.00K -$130.0K -$80.00K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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StockIssuedDuringPeriodValueNewIssues
200000 USD
CY2013Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
100000 USD
CY2013Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
USD
CY2012Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-104854 USD
CY2013Q4 us-gaap Use Of Estimates
UseOfEstimates
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --><div> <div><!--StartFragment--> <p style="FONT-SIZE: 12pt; LINE-HEIGHT: 14pt; MARGIN: 0pt; PADDING-LEFT: 63.35pt; text-align: justify"> <strong>USE OF ESTIMATES</strong></p> <p style="FONT-SIZE: 12pt; LINE-HEIGHT: 14pt; MARGIN: 0pt; PADDING-LEFT: 63.35pt; text-align: justify"> &nbsp;</p> <p style="FONT-SIZE: 12pt; LINE-HEIGHT: 14pt; MARGIN: 0pt; PADDING-LEFT: 63.7pt; text-align: justify"> In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and operations for the reporting period. Although these estimates are based on management&#39;s knowledge of current events and actions it may undertake in the future, they may ultimately differ from actual results.</p> <!--EndFragment--></div> </div>
CY2013Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2080095492 shares
CY2012Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
1236472 shares

Files In Submission

Name View Source Status
0001091818-14-000063-index-headers.html Edgar Link pending
0001091818-14-000063-index.html Edgar Link pending
0001091818-14-000063.txt Edgar Link pending
0001091818-14-000063-xbrl.zip Edgar Link pending
clri-20131231.xml Edgar Link completed
clri-20131231.xsd Edgar Link pending
clri-20131231_cal.xml Edgar Link unprocessable
clri-20131231_def.xml Edgar Link unprocessable
clri-20131231_lab.xml Edgar Link unprocessable
clri-20131231_pre.xml Edgar Link unprocessable
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