2021 Q3 Form 10-Q Financial Statement
#000121390021056879 Filed on November 05, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $485.0K | $172.0K |
| YoY Change | 181.98% | 818.8% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $1.000K | $1.000K |
| YoY Change | 0.0% | |
| % of Gross Profit | ||
| Operating Expenses | $534.0K | $172.0K |
| YoY Change | 210.47% | 818.8% |
| Operating Profit | -$534.0K | -$172.0K |
| YoY Change | 210.47% | |
| Interest Expense | -$253.0K | -$55.00K |
| YoY Change | 360.0% | 499.13% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$49.00K | |
| YoY Change | ||
| Pretax Income | -$787.0K | -$227.0K |
| YoY Change | 246.7% | 713.91% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$787.0K | -$227.0K |
| YoY Change | 246.7% | 713.91% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$14.57K | -$5.664K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 54.02M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.730M | $271.0K |
| YoY Change | 1276.38% | 667.27% |
| Cash & Equivalents | $3.730M | $271.0K |
| Short-Term Investments | ||
| Other Short-Term Assets | $51.00K | $26.00K |
| YoY Change | 96.15% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $3.781M | $297.0K |
| YoY Change | 1173.06% | 740.88% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $10.00K | $13.00K |
| YoY Change | -23.08% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $10.00K | $13.00K |
| YoY Change | -23.08% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.781M | $297.0K |
| Total Long-Term Assets | $10.00K | $13.00K |
| Total Assets | $3.791M | $310.0K |
| YoY Change | 1122.9% | 777.69% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $99.00K | $290.0K |
| YoY Change | -65.86% | 609.57% |
| Accrued Expenses | $97.00K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | $0.00 | $910.0K |
| YoY Change | -100.0% | 102.21% |
| Total Short-Term Liabilities | $523.0K | $1.294M |
| YoY Change | -59.58% | 53.96% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $294.0K | $644.0K |
| YoY Change | -54.35% | 1740.0% |
| Other Long-Term Liabilities | $0.00 | $114.0K |
| YoY Change | -100.0% | |
| Total Long-Term Liabilities | $294.0K | $758.0K |
| YoY Change | -61.21% | 2065.71% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $523.0K | $1.294M |
| Total Long-Term Liabilities | $294.0K | $758.0K |
| Total Liabilities | $817.0K | $2.052M |
| YoY Change | -60.19% | 134.39% |
| 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 | $2.974M | -$1.742M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.791M | $310.0K |
| YoY Change | 1122.9% | 777.69% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$787.0K | -$227.0K |
| YoY Change | 246.7% | 713.91% |
| Depreciation, Depletion And Amortization | $1.000K | $1.000K |
| YoY Change | 0.0% | |
| Cash From Operating Activities | -$216.0K | -$150.0K |
| YoY Change | 44.0% | 1051.19% |
| 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 | 0.000 | -9.000K |
| YoY Change | -100.0% | -120.16% |
| NET CHANGE | ||
| Cash From Operating Activities | -216.0K | -150.0K |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 0.000 | -9.000K |
| Net Change In Cash | -216.0K | -159.0K |
| YoY Change | 35.85% | -602.85% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$216.0K | -$150.0K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q3 | us-gaap |
Gross Profit
GrossProfit
|
USD | |
| CY2021Q3 | usdr |
Fair Value Of Convertible Component In Convertible Loan Current
FairValueOfConvertibleComponentInConvertibleLoanCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
USD | |
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
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| CY2021Q3 | usdr |
Fair Value Of Convertible Component In Convertible Loan Non Current
FairValueOfConvertibleComponentInConvertibleLoanNonCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
shares | |
| CY2021Q3 | us-gaap |
Revenues
Revenues
|
USD | |
| dei |
Local Phone Number
LocalPhoneNumber
|
4-8124101 | ||
| CY2021Q3 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
USD | |
| CY2021Q3 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
USD | |
| CY2020Q3 | us-gaap |
Revenues
Revenues
|
USD | |
| CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
USD | |
| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
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| us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
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| usdr |
Issuance Of Shares In Exchange For Extinguishment Of Debts
IssuanceOfSharesInExchangeForExtinguishmentOfDebts
|
USD | ||
| usdr |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercise In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExerciseInPeriod
|
shares | ||
| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
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| CY2021Q3 | usdr |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRange
|
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| us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
shares | ||
| CY2020Q4 | usdr |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRange
|
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| us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
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| us-gaap |
Direct Financing Lease Interest Income
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|
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| CY2021Q3 | us-gaap |
Convertible Debt
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|
USD |
