2022 Q1 Form 10-Q Financial Statement
#000121390022023961 Filed on May 04, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $500.0K |
| YoY Change | -100.0% | |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | $500.0K | |
| YoY Change | ||
| Gross Profit Margin | 100.0% | |
| Selling, General & Admin | $331.0K | $161.0K |
| YoY Change | 105.59% | |
| % of Gross Profit | 32.2% | |
| Research & Development | $6.000K | |
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | $1.000K |
| YoY Change | -100.0% | -66.67% |
| % of Gross Profit | 0.2% | |
| Operating Expenses | $337.0K | $0.00 |
| YoY Change | ||
| Operating Profit | -$337.0K | $500.0K |
| YoY Change | -167.4% | |
| Interest Expense | -$32.00K | -$220.0K |
| YoY Change | -85.45% | |
| % of Operating Profit | -44.0% | |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$369.0K | $251.0K |
| YoY Change | -247.01% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$369.0K | $251.0K |
| YoY Change | -247.01% | |
| Net Earnings / Revenue | 50.2% | |
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$6.829K | $6.195K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 54.03M shares | |
| Diluted Shares Outstanding | 54.03M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.415M | $452.0K |
| YoY Change | 655.53% | -27.68% |
| Cash & Equivalents | $3.415M | $452.0K |
| Short-Term Investments | ||
| Other Short-Term Assets | $28.00K | $55.00K |
| YoY Change | -49.09% | 7.84% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $3.443M | $507.0K |
| YoY Change | 579.09% | -25.0% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $21.00K | $11.00K |
| YoY Change | 90.91% | -21.43% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $21.00K | $11.00K |
| YoY Change | 90.91% | -21.43% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.443M | $507.0K |
| Total Long-Term Assets | $21.00K | $11.00K |
| Total Assets | $3.464M | $518.0K |
| YoY Change | 568.73% | -24.93% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $76.00K | $238.0K |
| YoY Change | -68.07% | -6.3% |
| Accrued Expenses | $177.0K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $832.0K | |
| YoY Change | -3.14% | |
| Total Short-Term Liabilities | $253.0K | $1.204M |
| YoY Change | -78.99% | -3.76% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $299.0K | $482.0K |
| YoY Change | -37.97% | -21.75% |
| Other Long-Term Liabilities | $47.00K | |
| YoY Change | -63.57% | |
| Total Long-Term Liabilities | $299.0K | $529.0K |
| YoY Change | -43.48% | -28.99% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $253.0K | $1.204M |
| Total Long-Term Liabilities | $299.0K | $529.0K |
| Total Liabilities | $552.0K | $1.733M |
| YoY Change | -68.15% | -13.18% |
| 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 | $2.912M | -$1.215M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.464M | $518.0K |
| YoY Change | 568.73% | -24.93% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Stock Issued1
StockIssued1
|
USD | |
| CY2022Q1 | usdr |
Issuance Of Shares In Exchange For Convertible Loans
IssuanceOfSharesInExchangeForConvertibleLoans
|
USD | |
| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
| CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001638911 | |
| CY2022Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
USD | |
| CY2021Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
USD | |
| CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
USD | |
| CY2022Q1 | usdr |
Expenses With Respect To Changes In Fair Value Of Option Granted In Equity Financing
ExpensesWithRespectToChangesInFairValueOfOptionGrantedInEquityFinancing
|
USD | |
| CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2022Q1 | usdr |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercise In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExerciseInPeriod
|
shares | |
| CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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|
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| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
shares | |
| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
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| CY2020Q4 | usdr |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRange
|
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| CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
shares |
