2021 Q3 Form 10-Q Financial Statement
#000149315221029477 Filed on November 22, 2021
Income Statement
| Concept | 2021 Q3 |
|---|---|
| Revenue | $911.6K |
| YoY Change | 3.69% |
| Cost Of Revenue | $746.8K |
| YoY Change | 140.57% |
| Gross Profit | $164.8K |
| YoY Change | -71.03% |
| Gross Profit Margin | 18.08% |
| Selling, General & Admin | $286.7K |
| YoY Change | -31.29% |
| % of Gross Profit | 173.99% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $1.690K |
| YoY Change | 1.2% |
| % of Gross Profit | 1.03% |
| Operating Expenses | $288.4K |
| YoY Change | -31.16% |
| Operating Profit | -$123.6K |
| YoY Change | -182.52% |
| Interest Expense | -$40.78K |
| YoY Change | 698.04% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$40.78K |
| YoY Change | |
| Pretax Income | -$164.4K |
| YoY Change | -213.63% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$164.4K |
| YoY Change | -354.75% |
| Net Earnings / Revenue | -18.03% |
| Basic Earnings Per Share | $0.00 |
| Diluted Earnings Per Share | -$4.733K |
| COMMON SHARES | |
| Basic Shares Outstanding | 34.74M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $162.6K |
| YoY Change | -4.86% |
| Cash & Equivalents | $162.6K |
| Short-Term Investments | |
| Other Short-Term Assets | $2.710K |
| YoY Change | 8.4% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $498.5K |
| Other Receivables | $111.4K |
| Total Short-Term Assets | $775.2K |
| YoY Change | -27.52% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $18.49K |
| YoY Change | -61.58% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $7.438M |
| YoY Change | 1030.83% |
| Total Long-Term Assets | $7.489M |
| YoY Change | 914.87% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $775.2K |
| Total Long-Term Assets | $7.489M |
| Total Assets | $8.264M |
| YoY Change | 357.2% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $715.7K |
| YoY Change | 29.66% |
| Accrued Expenses | $75.22K |
| YoY Change | 128.56% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $3.404M |
| YoY Change | 3694.85% |
| Long-Term Debt Due | $893.2K |
| YoY Change | 349.59% |
| Total Short-Term Liabilities | $5.363M |
| YoY Change | 385.53% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $2.508M |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $2.508M |
| YoY Change | 24249.51% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $5.363M |
| Total Long-Term Liabilities | $2.508M |
| Total Liabilities | $7.871M |
| YoY Change | 606.01% |
| 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 | $392.8K |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $8.264M |
| YoY Change | 357.2% |
Cashflow Statement
| Concept | 2021 Q3 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$164.4K |
| YoY Change | -354.75% |
| Depreciation, Depletion And Amortization | $1.690K |
| YoY Change | 1.2% |
| Cash From Operating Activities | $177.8K |
| YoY Change | -213.36% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.302M |
| YoY Change | 1565.19% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | -$1.302M |
| YoY Change | 1565.19% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 965.9K |
| YoY Change | 610.77% |
| NET CHANGE | |
| Cash From Operating Activities | 177.8K |
| Cash From Investing Activities | -1.302M |
| Cash From Financing Activities | 965.9K |
| Net Change In Cash | -158.3K |
| YoY Change | 59.7% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $177.8K |
| Capital Expenditures | -$1.302M |
| Free Cash Flow | $1.480M |
| YoY Change | -1981.27% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
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| us-gaap |
Stock Issued1
StockIssued1
|
USD | ||
| DREM |
Issuanceof Restricted Common Stock For Compensation
IssuanceofRestrictedCommonStockForCompensation
|
USD | ||
| DREM |
Mortgages Payable For Acquisition Of Property Held For Development
MortgagesPayableForAcquisitionOfPropertyHeldForDevelopment
|
USD | ||
| DREM |
Issuanceof Restricted Common Shares For Legal Fees
IssuanceofRestrictedCommonSharesForLegalFees
|
USD | ||
| DREM |
Issuanceof Shares Of Common Stock For Debt Reduction
IssuanceofSharesOfCommonStockForDebtReduction
|
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| DREM |
Issuanceof Restricted Common Shares For Compensation
IssuanceofRestrictedCommonSharesForCompensation
|
USD | ||
| CY2020Q4 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
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| CY2020Q4 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
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| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
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Income Taxes Paid Net
IncomeTaxesPaidNet
|
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| CY2020Q4 | DREM |
Mortgage Receivable
MortgageReceivable
|
USD | |
| CY2020Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
USD | |
| CY2021Q3 | DREM |
Sba Paycheck Protection Program Loan
SBAPaycheckProtectionProgramLoan
|
USD | |
| CY2020Q4 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Other Loans Payable Current
OtherLoansPayableCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
|
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| CY2021Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| DREM |
Sale Of Property Held For Development
SaleOfPropertyHeldForDevelopment
|
USD | ||
| DREM |
Writeoff On Deposits And Acquisition Of Land
WriteoffOnDepositsAndAcquisitionOfLand
|
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| us-gaap |
Increase Decrease In Mortgage Loans Held For Sale
IncreaseDecreaseInMortgageLoansHeldForSale
|
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| us-gaap |
Increase Decrease In Accrued Income Taxes Payable
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|
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| us-gaap |
Proceeds From Other Short Term Debt
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Proceeds From Bank Debt
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| DREM |
Proceeds From Repayment Of Related Party Debt
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|
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