$CRTG
CORETEC GROUP INC.

2019 Q1 Form 10-Q Financial Statement

#000143774919010113 Filed on May 15, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $184.9K $220.0K
YoY Change -15.95% -21.43%
% of Gross Profit
Research & Development $20.06K $20.92K
YoY Change -4.12% -80.15%
% of Gross Profit
Depreciation & Amortization $189.00 $190.00
YoY Change -0.53% -31.9%
% of Gross Profit
Operating Expenses $20.06K $20.92K
YoY Change -4.12% -94.59%
Operating Profit
YoY Change
Interest Expense $93.37K $96.33K
YoY Change -3.08% 128.46%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$298.3K -$340.0K
YoY Change -12.26% -20.93%
Income Tax
% Of Pretax Income
Net Earnings -$298.3K -$338.6K
YoY Change -11.88% -21.06%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$4.347K -$5.054K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.00 $140.0K
YoY Change -99.95% 27.27%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $26.59K $30.00K
YoY Change -11.37% -25.0%
Inventory
Prepaid Expenses $26.59K $26.60K
Receivables
Other Receivables
Total Short-Term Assets $26.66K $169.2K
YoY Change -84.24% 12.14%
LONG-TERM ASSETS
Property, Plant & Equipment $693.00 $1.449K
YoY Change -52.17% -75.24%
Goodwill $166.0K $166.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.320K $0.00
YoY Change
Total Long-Term Assets $1.368M $1.449M
YoY Change -5.59% -5.21%
TOTAL ASSETS
Total Short-Term Assets $26.66K $169.2K
Total Long-Term Assets $1.368M $1.449M
Total Assets $1.395M $1.619M
YoY Change -13.81% -3.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $691.1K $580.0K
YoY Change 19.16% 31.82%
Accrued Expenses $551.1K $330.0K
YoY Change 67.01% 153.85%
Deferred Revenue
YoY Change
Short-Term Debt $81.44K $70.00K
YoY Change 16.34% -30.0%
Long-Term Debt Due $1.821M $1.390M
YoY Change 31.02%
Total Short-Term Liabilities $3.145M $2.381M
YoY Change 32.08% 256.24%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $40.00K
YoY Change -100.0% -96.64%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $40.00K
YoY Change -100.0% -96.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.145M $2.381M
Total Long-Term Liabilities $0.00 $40.00K
Total Liabilities $3.145M $2.420M
YoY Change 29.96% 30.11%
SHAREHOLDERS EQUITY
Retained Earnings -$3.938M -$2.932M
YoY Change 34.32% 123.98%
Common Stock $13.74K $13.52K
YoY Change 1.61% -98.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.750M -$801.2K
YoY Change
Total Liabilities & Shareholders Equity $1.395M $1.619M
YoY Change -13.81% -3.94%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$298.3K -$338.6K
YoY Change -11.88% -21.06%
Depreciation, Depletion And Amortization $189.00 $190.00
YoY Change -0.53% -31.9%
Cash From Operating Activities -$75.61K -$315.3K
YoY Change -76.02% 19.83%
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 71.68K -12.75K
YoY Change -662.3% -103.4%
NET CHANGE
Cash From Operating Activities -75.61K -315.3K
Cash From Investing Activities
Cash From Financing Activities 71.68K -12.75K
Net Change In Cash -3.929K -328.0K
YoY Change -98.8% -394.53%
FREE CASH FLOW
Cash From Operating Activities -$75.61K -$315.3K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AdjustmentsToAdditionalPaidInCapitalWarrantsExercised
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CY2019Q1 crtg Stock Issued Upon Conversion Of Debentures And Warrants
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Cash
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Cash
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CY2019Q1 us-gaap Cash
Cash
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CY2018Q1 us-gaap Cash
Cash
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CY2019Q1 us-gaap Cash Period Increase Decrease
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CY2018Q1 us-gaap Cash Period Increase Decrease
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CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
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CY2018Q1 us-gaap Depreciation
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CY2019Q1 us-gaap Use Of Estimates
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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><div style="display: inline; font-style: italic;">Use of Estimates</div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and the disclosure of contingent assets and liabilities. Actual results could differ from the estimates and assumptions used.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:36pt;"></div></div></div></div></div></div></div></div></div></div></div></div></div>
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CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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67278621

Files In Submission

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0001437749-19-010113-index-headers.html Edgar Link pending
0001437749-19-010113-index.html Edgar Link pending
0001437749-19-010113.txt Edgar Link pending
0001437749-19-010113-xbrl.zip Edgar Link pending
crtg-20190331.xml Edgar Link completed
crtg-20190331.xsd Edgar Link pending
crtg-20190331_cal.xml Edgar Link unprocessable
crtg-20190331_def.xml Edgar Link unprocessable
crtg-20190331_lab.xml Edgar Link unprocessable
crtg-20190331_pre.xml Edgar Link unprocessable
crtg20190331_10q.htm Edgar Link pending
ex_144857.htm Edgar Link pending
ex_144858.htm Edgar Link pending
ex_144859.htm Edgar Link pending
ex_144860.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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