2021 Q3 Form 10-Q Financial Statement
#000138713121010947 Filed on November 10, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $2.212M | $1.566M |
| YoY Change | 41.23% | -3.44% |
| Cost Of Revenue | $555.5K | $791.8K |
| YoY Change | -29.84% | 10.45% |
| Gross Profit | $1.656M | $774.5K |
| YoY Change | 113.88% | -14.44% |
| Gross Profit Margin | 74.89% | 49.45% |
| Selling, General & Admin | $935.1K | $845.8K |
| YoY Change | 10.56% | 17.46% |
| % of Gross Profit | 56.45% | 109.21% |
| Research & Development | $392.6K | $446.4K |
| YoY Change | -12.06% | 10.99% |
| % of Gross Profit | 23.7% | 57.64% |
| Depreciation & Amortization | $159.2K | $178.1K |
| YoY Change | -10.63% | -0.07% |
| % of Gross Profit | 9.61% | 23.0% |
| Operating Expenses | $1.515M | $1.470M |
| YoY Change | 3.04% | 13.06% |
| Operating Profit | $141.4K | -$695.9K |
| YoY Change | -120.32% | 75.99% |
| Interest Expense | -$2.042M | -$2.657M |
| YoY Change | -23.16% | -4.06% |
| % of Operating Profit | -1443.74% | |
| Other Income/Expense, Net | $0.00 | $26.31K |
| YoY Change | -100.0% | 4285.0% |
| Pretax Income | -$1.900M | -$3.327M |
| YoY Change | -42.88% | 5.13% |
| Income Tax | $0.00 | |
| % Of Pretax Income | ||
| Net Earnings | -$1.900M | -$3.327M |
| YoY Change | -42.88% | 5.13% |
| Net Earnings / Revenue | -85.91% | -212.4% |
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$13.63K | -$23.87K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 139.4M shares | |
| Diluted Shares Outstanding | 139.4M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $271.1K | $433.8K |
| YoY Change | -37.52% | -53.16% |
| Cash & Equivalents | $271.1K | $433.8K |
| Short-Term Investments | ||
| Other Short-Term Assets | $347.2K | $391.7K |
| YoY Change | -11.35% | -73.23% |
| Inventory | $392.6K | $404.8K |
| Prepaid Expenses | ||
| Receivables | $1.472M | $1.400M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.483M | $2.630M |
| YoY Change | -5.6% | -27.48% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.862M | $2.336M |
| YoY Change | -20.28% | 4.9% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $211.3K | $187.4K |
| YoY Change | 12.73% | -32.69% |
| Total Long-Term Assets | $3.018M | $3.443M |
| YoY Change | -12.36% | 4.26% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.483M | $2.630M |
| Total Long-Term Assets | $3.018M | $3.443M |
| Total Assets | $5.500M | $6.073M |
| YoY Change | -9.43% | -12.35% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $396.6K | $308.4K |
| YoY Change | 28.62% | -11.79% |
| Accrued Expenses | $9.859M | $147.2K |
| YoY Change | 6599.35% | 9.57% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $700.0K | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $76.14M | $65.42M |
| YoY Change | 16.4% | 222.71% |
| Total Short-Term Liabilities | $88.12M | $73.24M |
| YoY Change | 20.31% | 200.43% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $26.95M | $33.24M |
| YoY Change | -18.91% | -52.4% |
| Other Long-Term Liabilities | $517.4K | $587.1K |
| YoY Change | -11.87% | |
| Total Long-Term Liabilities | $27.47M | $33.83M |
| YoY Change | -18.79% | -51.56% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $88.12M | $73.24M |
| Total Long-Term Liabilities | $27.47M | $33.83M |
| Total Liabilities | $115.6M | $107.1M |
| YoY Change | 7.96% | 13.64% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$195.2M | |
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$110.1M | -$101.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.500M | $6.073M |
| YoY Change | -9.43% | -12.35% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.900M | -$3.327M |
| YoY Change | -42.88% | 5.13% |
| Depreciation, Depletion And Amortization | $159.2K | $178.1K |
| YoY Change | -10.63% | -0.07% |
| Cash From Operating Activities | $71.09K | $30.97K |
| YoY Change | 129.54% | -85.64% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$117.1K | -$36.32K |
| YoY Change | 222.47% | -66.57% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$59.31K | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$176.4K | -$36.32K |
| YoY Change | 385.77% | -69.42% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -51.17K | -50.00K |
| YoY Change | 2.34% | 0.0% |
| NET CHANGE | ||
| Cash From Operating Activities | 71.09K | 30.97K |
| Cash From Investing Activities | -176.4K | -36.32K |
| Cash From Financing Activities | -51.17K | -50.00K |
| Net Change In Cash | -156.5K | -55.35K |
| YoY Change | 182.76% | -217.99% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $71.09K | $30.97K |
| Capital Expenditures | -$117.1K | -$36.32K |
| Free Cash Flow | $188.2K | $67.29K |
| YoY Change | 179.7% | -79.25% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
75634 | USD | |
| dei |
Entity Registrant Name
EntityRegistrantName
|
CareView Communications Inc | ||
| CY2021Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
USD | |
| CY2020Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
USD | |
| CY2021Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
USD | |
| CY2020Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
USD | |
| us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
USD | ||
| CY2021Q3 | crvw |
Other Nonoperating Income Net
OtherNonoperatingIncomeNet
|
USD | |
| CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
USD | ||
| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
USD | ||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
| crvw |
Capital Expenditures Funded By Term Loan
CapitalExpendituresFundedByTermLoan
|
USD | ||
| crvw |
Remeasurement Of Operating Lease
RemeasurementOfOperatingLease
|
USD | ||
| crvw |
Cost Of Goods Sold Sales Based Equipment
CostOfGoodsSoldSalesBasedEquipment
|
USD | ||
| CY2021Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-195217275 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-361594 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
294563 | USD | |
| CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
271067 | USD |
| us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
USD | ||
| us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
USD | ||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| CY2021Q3 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
USD | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
| CY2021Q3 | crvw |
Deferred Officer Compensation
DeferredOfficerCompensation
|
139041 | USD |
| CY2020Q4 | crvw |
Deferred Officer Compensation
DeferredOfficerCompensation
|
139041 | USD |
| CY2021Q3 | us-gaap |
Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
|
214357 | USD |
| CY2020Q4 | us-gaap |
Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
|
67927 | USD |
