2021 Q3 Form 10-Q Financial Statement
#000121390021059360 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.777M | $1.370M |
| YoY Change | 29.71% | 7.03% |
| % of Gross Profit | ||
| Research & Development | $1.634M | $1.250M |
| YoY Change | 30.72% | -35.57% |
| % of Gross Profit | ||
| Depreciation & Amortization | $34.88K | $40.00K |
| YoY Change | -12.8% | 0.0% |
| % of Gross Profit | ||
| Operating Expenses | $3.411M | $2.620M |
| YoY Change | 30.19% | -18.89% |
| Operating Profit | -$3.411M | |
| YoY Change | ||
| Interest Expense | -$10.69K | -$130.0K |
| YoY Change | -91.78% | 1200.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$10.70K | |
| YoY Change | ||
| Pretax Income | -$3.422M | -$3.240M |
| YoY Change | 5.61% | -3.28% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.422M | -$3.240M |
| YoY Change | 5.61% | -3.28% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$1.61 | |
| Diluted Earnings Per Share | -$53.56K | -$64.54K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 2.130M shares | |
| Diluted Shares Outstanding | 2.130M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $15.02M | $23.36M |
| YoY Change | -35.72% | 62.0% |
| Cash & Equivalents | $9.180M | $14.49M |
| Short-Term Investments | $5.835M | $8.870M |
| Other Short-Term Assets | $810.3K | $620.0K |
| YoY Change | 30.7% | 29.17% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $15.83M | $23.98M |
| YoY Change | -34.01% | 60.94% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $293.5K | $430.0K |
| YoY Change | -31.75% | -2.27% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $69.62K | $70.00K |
| YoY Change | -0.54% | 16.67% |
| Total Long-Term Assets | $382.7K | $520.0K |
| YoY Change | -26.4% | 0.0% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $15.83M | $23.98M |
| Total Long-Term Assets | $382.7K | $520.0K |
| Total Assets | $16.21M | $24.50M |
| YoY Change | -33.84% | 58.88% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.307M | $470.0K |
| YoY Change | 178.07% | 23.68% |
| Accrued Expenses | $668.6K | $1.390M |
| YoY Change | -51.9% | 69.51% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $361.9K | $470.0K |
| YoY Change | -23.0% | |
| Total Short-Term Liabilities | $2.337M | $2.340M |
| YoY Change | -0.11% | 95.0% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $3.120M |
| YoY Change | -100.0% | -4.0% |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $3.120M |
| YoY Change | -100.0% | -4.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.337M | $2.340M |
| Total Long-Term Liabilities | $0.00 | $3.120M |
| Total Liabilities | $2.337M | $5.460M |
| YoY Change | -57.19% | 22.97% |
| 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 | $13.87M | $19.04M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $16.21M | $24.50M |
| YoY Change | -33.84% | 58.88% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.422M | -$3.240M |
| YoY Change | 5.61% | -3.28% |
| Depreciation, Depletion And Amortization | $34.88K | $40.00K |
| YoY Change | -12.8% | 0.0% |
| Cash From Operating Activities | -$3.266M | -$2.640M |
| YoY Change | 23.73% | 10.46% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | -$20.00K |
| YoY Change | -100.0% | 100.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $6.385M | -$8.620M |
| YoY Change | -174.07% | 2168.42% |
| Cash From Investing Activities | $6.385M | -$8.640M |
| YoY Change | -173.9% | 2115.38% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 4.459M | 13.68M |
| YoY Change | -67.4% | |
| NET CHANGE | ||
| Cash From Operating Activities | -3.266M | -2.640M |
| Cash From Investing Activities | 6.385M | -8.640M |
| Cash From Financing Activities | 4.459M | 13.68M |
| Net Change In Cash | 7.577M | 2.400M |
| YoY Change | 215.72% | -186.33% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.266M | -$2.640M |
| Capital Expenditures | $0.00 | -$20.00K |
| Free Cash Flow | -$3.266M | -$2.620M |
| YoY Change | 24.67% | 10.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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Stock Option Exercisable Grantedin Shares
StockOptionExercisableGrantedinShares
|
shares | ||
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Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price Granted
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Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price Exercised
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Share Based Compensation Arrangement By Share Based Payment Award Options Vested Weighted Average Exercised Fair Value
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Intrinsic Value
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|
USD | ||
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Cancelled
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|
shares | ||
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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|
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Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price Forfeitures
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Share Based Compensation Arrangement By Share Based Payment Award Options Vested Weighted Average Cancelled Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedWeightedAverageCancelledFairValue
|
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| cwbr |
Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledIntrinsicValue
|
USD | ||
| CY2021Q3 | us-gaap |
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|
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Equity Expense
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Equity Expense
EquityExpense
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| dei |
Entity Central Index Key
EntityCentralIndexKey
|
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| CY2021Q3 | us-gaap |
Debt Related Commitment Fees And Debt Issuance Costs
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| cwbr |
Equity Modifications Expense
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|
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| us-gaap |
Payments To Acquire Intangible Assets
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|
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Proceeds From Stock Plans
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|
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| us-gaap |
Proceeds From Issuance Initial Public Offering
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| us-gaap |
Proceeds From Repayments Of Related Party Debt
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