$DFCO
DALRADA FINANCIAL CORP

2021 Q4 Form 10-Q Financial Statement

#000168316822000977 Filed on February 14, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4
Revenue $5.447M $455.5K
YoY Change 1095.83% 1315.98%
Cost Of Revenue $2.056M $458.8K
YoY Change 348.17% 6025.9%
Gross Profit $3.391M -$3.310K
YoY Change -102544.71% -113.41%
Gross Profit Margin 62.25% -0.73%
Selling, General & Admin $5.182M $1.419M
YoY Change 265.2% 139.17%
% of Gross Profit 152.82%
Research & Development $0.00
YoY Change
% of Gross Profit 0.0%
Depreciation & Amortization $52.61K $20.08K
YoY Change 162.0%
% of Gross Profit 1.55%
Operating Expenses $5.234M $1.675M
YoY Change 212.58% 93.55%
Operating Profit -$1.844M -$1.678M
YoY Change 9.87% 99.63%
Interest Expense -$222.6K -$147.2K
YoY Change 51.2% -35.26%
% of Operating Profit
Other Income/Expense, Net -$1.460K $620.00
YoY Change -335.48%
Pretax Income -$2.068M -$1.825M
YoY Change 13.33% -1068.12%
Income Tax
% Of Pretax Income
Net Earnings -$3.385M -$1.800M
YoY Change 88.08% -1055.06%
Net Earnings / Revenue -62.14% -395.13%
Basic Earnings Per Share -$0.05
Diluted Earnings Per Share -$45.81K -$26.29K
COMMON SHARES
Basic Shares Outstanding 73.90M shares
Diluted Shares Outstanding 73.90M shares

Balance Sheet

Concept 2021 Q4 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $180.8K $186.7K
YoY Change -3.16% 68.21%
Cash & Equivalents $180.8K $186.7K
Short-Term Investments
Other Short-Term Assets $254.8K $157.5K
YoY Change 61.77% 752.22%
Inventory $1.378M $628.9K
Prepaid Expenses
Receivables $6.165M $872.7K
Other Receivables $141.7K $56.84K
Total Short-Term Assets $8.119M $1.903M
YoY Change 326.76% 506.26%
LONG-TERM ASSETS
Property, Plant & Equipment $1.791M $1.323M
YoY Change 35.33% 440.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.00K
YoY Change
Total Long-Term Assets $3.321M $1.497M
YoY Change 121.88% 285.67%
TOTAL ASSETS
Total Short-Term Assets $8.119M $1.903M
Total Long-Term Assets $3.321M $1.497M
Total Assets $11.44M $3.399M
YoY Change 236.56% 384.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.296M $202.0K
YoY Change 541.51% 15.45%
Accrued Expenses $3.672M $11.38M
YoY Change -67.73% 12.29%
Deferred Revenue
YoY Change
Short-Term Debt $4.463M $7.098M
YoY Change -37.12% 108.79%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.69M $19.87M
YoY Change -46.21% 38.25%
LONG-TERM LIABILITIES
Long-Term Debt $9.881M $0.00
YoY Change
Other Long-Term Liabilities $687.7K $779.8K
YoY Change -11.8% 536.18%
Total Long-Term Liabilities $10.57M $779.8K
YoY Change 1255.36% 536.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.69M $19.87M
Total Long-Term Liabilities $10.57M $779.8K
Total Liabilities $22.06M $20.68M
YoY Change 6.68% 42.68%
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 -$10.62M -$17.28M
YoY Change
Total Liabilities & Shareholders Equity $11.44M $3.399M
YoY Change 236.56% 384.31%

Cashflow Statement

Concept 2021 Q4 2020 Q4
OPERATING ACTIVITIES
Net Income -$3.385M -$1.800M
YoY Change 88.08% -1055.06%
Depreciation, Depletion And Amortization $52.61K $20.08K
YoY Change 162.0%
Cash From Operating Activities -$1.516M -$1.647M
YoY Change -7.95% 102.0%
INVESTING ACTIVITIES
Capital Expenditures -$119.9K -$34.42K
YoY Change 248.23% 3.39%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$119.9K -$34.42K
YoY Change 248.23% -124.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.724M 1.721M
YoY Change 0.16% 123.49%
NET CHANGE
Cash From Operating Activities -1.516M -1.647M
Cash From Investing Activities -119.9K -34.42K
Cash From Financing Activities 1.724M 1.721M
Net Change In Cash 88.09K 39.83K
YoY Change 121.16% -57.57%
FREE CASH FLOW
Cash From Operating Activities -$1.516M -$1.647M
Capital Expenditures -$119.9K -$34.42K
Free Cash Flow -$1.396M -$1.613M
YoY Change -13.41% 106.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
USD
CY2021Q4 DFCO Research And Development Expenses
ResearchAndDevelopmentExpenses
USD
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2021Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
USD
CY2021Q4 DFCO Issuance Of Preferred Stock
IssuanceOfPreferredStock
USD
CY2021Q4 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
USD
CY2021Q4 DFCO Reversal Of Shares Previously Issued To Directors
ReversalOfSharesPreviouslyIssuedToDirectors
USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
USD
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD

Files In Submission

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0001683168-22-000977-index.html Edgar Link pending
0001683168-22-000977.txt Edgar Link pending
0001683168-22-000977-xbrl.zip Edgar Link pending
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