2022 Q1 Form 10-Q Financial Statement
#000121390022026681 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $394.0K | $230.0K |
| YoY Change | 71.3% | 76.92% |
| Cost Of Revenue | $260.0K | $250.0K |
| YoY Change | 4.0% | 38.89% |
| Gross Profit | $134.0K | -$20.00K |
| YoY Change | -770.0% | -50.0% |
| Gross Profit Margin | 34.01% | -8.7% |
| Selling, General & Admin | $3.289M | $1.140M |
| YoY Change | 188.51% | -45.45% |
| % of Gross Profit | 2454.48% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $453.0K | $450.0K |
| YoY Change | 0.67% | 0.0% |
| % of Gross Profit | 338.06% | |
| Operating Expenses | $3.742M | $1.590M |
| YoY Change | 135.35% | -37.4% |
| Operating Profit | -$3.608M | -$1.610M |
| YoY Change | 124.1% | -37.6% |
| Interest Expense | -$1.000K | -$120.0K |
| YoY Change | -99.17% | -133.33% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $50.00K | |
| YoY Change | -16.67% | |
| Pretax Income | -$3.609M | -$1.680M |
| YoY Change | 114.82% | -22.22% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.624M | -$1.680M |
| YoY Change | 115.71% | -22.22% |
| Net Earnings / Revenue | -919.8% | -730.43% |
| Basic Earnings Per Share | -$3.15 | |
| Diluted Earnings Per Share | -$242.2K | -$269.2K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.151M shares | |
| Diluted Shares Outstanding | 1.151M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.335M | $6.530M |
| YoY Change | -33.61% | 32550.0% |
| Cash & Equivalents | $4.335M | $6.480M |
| Short-Term Investments | $50.00K | |
| Other Short-Term Assets | $192.0K | $150.0K |
| YoY Change | 28.0% | 650.0% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $92.00K | $40.00K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $4.619M | $6.730M |
| YoY Change | -31.37% | 6018.18% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $9.000K | $0.00 |
| YoY Change | -100.0% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $63.00K | |
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $5.057M | $6.800M |
| YoY Change | -25.63% | -20.56% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.619M | $6.730M |
| Total Long-Term Assets | $5.057M | $6.800M |
| Total Assets | $9.676M | $13.53M |
| YoY Change | -28.48% | 56.06% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.537M | $1.400M |
| YoY Change | 9.79% | -12.5% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $100.0K | $340.0K |
| YoY Change | -70.59% | 183.33% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $3.224M | $3.250M |
| YoY Change | -0.8% | 8.33% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $89.00K | $90.00K |
| YoY Change | -1.11% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $89.00K | $90.00K |
| YoY Change | -1.11% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.224M | $3.250M |
| Total Long-Term Liabilities | $89.00K | $90.00K |
| Total Liabilities | $3.313M | $3.340M |
| YoY Change | -0.81% | 39.75% |
| 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 | $6.363M | $10.19M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $9.676M | $13.53M |
| YoY Change | -28.48% | 56.06% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Central Index Key
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|
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| CY2022Q1 | cuen |
Gain On Fair Value Measurement Of Stock Based Liabilities
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|
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| CY2021Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
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|
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| CY2021Q1 | us-gaap |
Income Loss From Equity Method Investments
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|
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| CY2022Q1 | cuen |
Available For Sale Securitie
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Gain From Changes In On Fair Value Of Stockbased Liabilities
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Increase Decrease In Due To Related Parties
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Payments To Acquire Intangible Assets
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Payments To Acquire Property Plant And Equipment
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|
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Repayments Of Related Party Debt
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|
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Proceeds From Issuance Of Warrants
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|
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Proceeds From Issuance Of Common Stock
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|
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Stock Issued During Period Return Of Commitment Shares
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|
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| CY2022Q1 | us-gaap |
Repayments Of Debt
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|
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
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|
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Issuance Fee With Connection To Issuance Of Common Stock Due To Exercise Of Warrants
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|
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Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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|
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Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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