2024 Q1 Form 10-K Financial Statement

#000147793224000156 Filed on January 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q3 2023
Revenue $0.00 $8.120K $30.06K
YoY Change -100.0% 147.56% 393.66%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $895.2K $1.597M $4.606M
YoY Change 38.07% 30.13% -8.07%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.51K $10.88K $45.43K
YoY Change -10.48% -8.65% -4.58%
% of Gross Profit
Operating Expenses $905.7K $1.608M $4.651M
YoY Change 37.2% 29.76% -8.04%
Operating Profit -$905.7K -$4.621M
YoY Change 38.91% -381.99%
Interest Expense -$82.83K -$61.72K $107.2K
YoY Change 632.36% -28154.55% 119.52%
% of Operating Profit
Other Income/Expense, Net $82.83K $107.0K
YoY Change 632.5% 123.3%
Pretax Income -$988.5K -$1.661M -$4.728M
YoY Change 49.03% 34.47% -7.29%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$988.5K -$1.661M -$4.728M
YoY Change 49.03% 34.47% -7.29%
Net Earnings / Revenue -20461.08% -15730.64%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 434.7M shares 418.4M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q3 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $441.7K $674.8K $674.8K
YoY Change 106.21% -10.63% -10.63%
Cash & Equivalents $441.7K $674.8K
Short-Term Investments
Other Short-Term Assets $521.2K $987.0K $987.0K
YoY Change 339.39% 2899.94% 2899.94%
Inventory
Prepaid Expenses $521.2K $987.0K
Receivables
Other Receivables
Total Short-Term Assets $962.9K $1.662M $1.662M
YoY Change 189.32% 110.88% 110.88%
LONG-TERM ASSETS
Property, Plant & Equipment $56.47K $77.56K $77.56K
YoY Change -43.16% -36.94% -36.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $351.1K $561.8K $561.8K
YoY Change
Total Long-Term Assets $407.6K $639.3K $639.3K
YoY Change 310.26% 419.83% 419.82%
TOTAL ASSETS
Total Short-Term Assets $962.9K $1.662M $1.662M
Total Long-Term Assets $407.6K $639.3K $639.3K
Total Assets $1.370M $2.301M $2.301M
YoY Change 217.12% 152.59% 152.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.204M $1.319M $1.319M
YoY Change 121.57% 631.04% 631.04%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $43.20K $40.00K $40.00K
YoY Change 8.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.036M $2.561M $1.395M
YoY Change 336.45% 470.21% 210.47%
LONG-TERM LIABILITIES
Long-Term Debt $1.755M $1.167M $1.167M
YoY Change 8804.11%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.755M $1.167M $1.167M
YoY Change 8804.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.036M $2.561M $1.395M
Total Long-Term Liabilities $1.755M $1.167M $1.167M
Total Liabilities $3.036M $2.561M $2.561M
YoY Change 324.43% 470.21% 470.21%
SHAREHOLDERS EQUITY
Retained Earnings -$34.65M -$32.60M
YoY Change 16.91% 16.96%
Common Stock $441.9K $426.8K
YoY Change 12.51% 12.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.665M -$260.4K -$260.4K
YoY Change
Total Liabilities & Shareholders Equity $1.370M $2.301M $2.301M
YoY Change 217.12% 152.59% 152.59%

Cashflow Statement

Concept 2024 Q1 2023 Q3 2023
OPERATING ACTIVITIES
Net Income -$988.5K -$1.661M -$4.728M
YoY Change 49.03% 34.47% -7.29%
Depreciation, Depletion And Amortization $10.51K $10.88K $45.43K
YoY Change -10.48% -8.65% -4.58%
Cash From Operating Activities -$466.1K -$317.2K -$1.435M
YoY Change 103.4% -61.04% -39.73%
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 517.5K 505.0K $1.355M
YoY Change 72.5% -54.28%
NET CHANGE
Cash From Operating Activities -466.1K -317.2K -$1.435M
Cash From Investing Activities
Cash From Financing Activities 517.5K 505.0K $1.355M
Net Change In Cash 51.40K 187.8K -$80.30K
YoY Change -27.44% -123.06% -113.8%
FREE CASH FLOW
Cash From Operating Activities -$466.1K -$317.2K -$1.435M
Capital Expenditures
Free Cash Flow
YoY Change

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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reported period. Actual results could differ from those estimates.</p>
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CY2023Q3 cyca Amortization Of Stock Based Compensation
AmortizationOfStockBasedCompensation
-933135 usd
CY2022Q3 cyca Amortization Of Stock Based Compensation
AmortizationOfStockBasedCompensation
-1635492 usd
CY2023Q3 cyca Prepaid Expense From Other Activity
PrepaidExpenseFromOtherActivity
49282 usd
CY2022Q3 cyca Prepaid Expense From Other Activity
PrepaidExpenseFromOtherActivity
1154 usd
CY2023Q3 cyca Prepaid Expenses Ending Balance
PrepaidExpensesEndingBalance
1548752 usd
CY2022Q3 cyca Prepaid Expenses Ending Balance
PrepaidExpensesEndingBalance
32897 usd
CY2023Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
561776 usd
CY2022Q3 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
0 usd
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
986976 usd
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
32897 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
78765 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and related party payables it will likely incur in the near future. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it extends funds, and as such, it believes that any associated credit risk exposures are limited.</p>
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
230900 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
230900 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
153342 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
107910 usd
CY2023Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
77558 usd
CY2020Q4 cyca Annual Lease Payment Related Party
AnnualLeasePaymentRelatedParty
50000 usd
CY2023Q3 cyca Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
772532 usd
CY2022Q3 cyca Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
180407 usd
CY2023Q3 cyca Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
772532 usd
CY2022Q3 cyca Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
180407 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.08 pure
CY2023Q1 cyca Promissory Note Face Value
PromissoryNoteFaceValue
40000 usd
CY2023Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2024-01-10
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.025
CY2023Q1 us-gaap Warrant Exercise Price Increase
WarrantExercisePriceIncrease
1
CY2023Q1 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
2000000 shares
CY2023Q1 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
1
CY2023Q3 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
2000000 shares
CY2023Q1 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
1
CY2023Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
1166788 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.001
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
426831170 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
379760670 shares
CY2023 cyca Common Stock Issued For Services Shares
CommonStockIssuedForServicesShares
41575000 shares
CY2023 cyca Common Stock Issued For Services Amount
CommonStockIssuedForServicesAmount
2175819 usd
CY2023 cyca Common Stock Issued For Payment Of Account Payable Share
CommonStockIssuedForPaymentOfAccountPayableShare
1440750 shares
CY2023 cyca Common Stock Issued For Payment Of Account Payable
CommonStockIssuedForPaymentOfAccountPayable
47269 usd
CY2023 cyca Commonstock Issued Settlement Of Stock Payable
CommonstockIssuedSettlementOfStockPayable
67440 usd
CY2023 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
20171 usd
CY2023 cyca Common Stock Issued
CommonStockIssued
54750 shares
CY2022 cyca Common Stock Issued For Services Shares
CommonStockIssuedForServicesShares
9539286 shares
CY2022 cyca Common Stock Issued For Services Amount
CommonStockIssuedForServicesAmount
1407150 usd
CY2022 cyca Common Stock Issued For Payment Of Account Payable Share
CommonStockIssuedForPaymentOfAccountPayableShare
1064757 shares
CY2022 cyca Common Stock Issued For Payment Of Account Payable
CommonStockIssuedForPaymentOfAccountPayable
325000 usd
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q3 cyca Common Stock Shares To Be Issued
CommonStockSharesToBeIssued
323583 usd
CY2022 cyca Common Stock Issued
CommonStockIssued
4000000 shares
CY2022 cyca Reduction In Capital Stcok To Be Issued
ReductionInCapitalStcokToBeIssued
268833 usd
CY2023 cyca Reduction In Capital Stcok To Be Issued
ReductionInCapitalStcokToBeIssued
54750 usd
CY2023Q3 cyca Capital Stock To Be Issued
CapitalStockToBeIssued
0 usd
CY2022Q3 cyca Capital Stock To Be Issued
CapitalStockToBeIssued
54750 usd
CY2023Q1 cyca Issuance Of Restricted Common Stock Shares
IssuanceOfRestrictedCommonStockShares
10000000 shares
CY2023Q1 cyca Purchase Of Warrant Common Stock Value
PurchaseOfWarrantCommonStockValue
449651 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
364324 usd
CY2023Q3 us-gaap Share Price
SharePrice
0.04
CY2022 cyca Operating Income Losses
OperatingIncomeLosses
1638878 usd
CY2022 cyca Less Valuation Allowance
LessValuationAllowance
-1638878 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2023Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
9396000 usd
CY2023 cyca Software Products
SoftwareProducts
32470 usd
CY2023 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
30059 usd
CY2022 us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
6089 usd
CY2023 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
2411 usd

Files In Submission

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cyca-20230930_def.xml Edgar Link unprocessable
0001477932-24-000156-index-headers.html Edgar Link pending
0001477932-24-000156-index.html Edgar Link pending
0001477932-24-000156.txt Edgar Link pending
0001477932-24-000156-xbrl.zip Edgar Link pending
cyca-20230930.xsd Edgar Link pending
cyca_10k.htm Edgar Link pending
cyca_ex311.htm Edgar Link pending
cyca_ex312.htm Edgar Link pending
cyca_ex321.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
cyca-20230930_cal.xml Edgar Link unprocessable
cyca-20230930_pre.xml Edgar Link unprocessable
cyca-20230930_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
cyca_10k_htm.xml Edgar Link completed
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