2022 Q1 Form 10-Q Financial Statement
#000121390022025937 Filed on May 12, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | $0.00 | |
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $2.138M | |
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | $1.681M | |
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $69.05K | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $3.819M | |
| YoY Change | ||
| Operating Profit | -$3.819M | |
| YoY Change | ||
| Interest Expense | -$380.00 | |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | $0.00 | |
| YoY Change | ||
| Pretax Income | -$3.819M | |
| YoY Change | ||
| Income Tax | $0.00 | |
| % Of Pretax Income | ||
| Net Earnings | -$3.819M | |
| YoY Change | ||
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.14 | |
| Diluted Earnings Per Share | -$142.2K | |
| COMMON SHARES | ||
| Basic Shares Outstanding | 26.86M shares | |
| Diluted Shares Outstanding | 26.86M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $18.33M | |
| YoY Change | ||
| Cash & Equivalents | $18.33M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $635.9K | |
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $18.97M | |
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.086M | |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $1.116M | |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $18.97M | |
| Total Long-Term Assets | $1.116M | |
| Total Assets | $20.08M | |
| YoY Change | ||
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $94.69K | |
| YoY Change | ||
| Accrued Expenses | $720.1K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $816.7K | |
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | |
| YoY Change | ||
| Other Long-Term Liabilities | $228.7K | |
| YoY Change | ||
| Total Long-Term Liabilities | $228.7K | |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $816.7K | |
| Total Long-Term Liabilities | $228.7K | |
| Total Liabilities | $1.045M | |
| YoY Change | ||
| 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 | $19.04M | $4.054M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $20.08M | |
| YoY Change |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.819M | |
| YoY Change | ||
| Depreciation, Depletion And Amortization | $69.05K | |
| YoY Change | ||
| Cash From Operating Activities | -$3.400M | |
| YoY Change | ||
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$226.9K | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$226.9K | |
| 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 | 88.89K | |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | -3.400M | |
| Cash From Investing Activities | -226.9K | |
| Cash From Financing Activities | 88.89K | |
| Net Change In Cash | -3.538M | |
| YoY Change | ||
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.400M | |
| Capital Expenditures | -$226.9K | |
| Free Cash Flow | -$3.173M | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
USD | |
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001874097 | |
| CY2021Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
USD | |
| CY2022Q1 | us-gaap |
Revenues
Revenues
|
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| CY2021Q1 | us-gaap |
Revenues
Revenues
|
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| CY2021Q1 | us-gaap |
Other Income
OtherIncome
|
USD | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
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| CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
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| CY2021Q1 | cyngn |
Change In Deferred Rent Associated With
ChangeInDeferredRentAssociatedWith
|
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| CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
shares | |
| CY2022Q1 | cyngn |
Weighted Average Remaining Contractual Termyears Granted
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| CY2022Q1 | cyngn |
Weighted Average Remaining Contractual Termyears Exercised
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| CY2022Q1 | cyngn |
Weighted Average Remaining Contractual Termyears Cancelledforfeited
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| CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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| CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
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