$DWTX
Dogwood Therapeutics, Inc.

2021 Q4 Form 10-Q Financial Statement

#000155837021015659 Filed on November 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.269M $1.150M $2.550M
YoY Change -80.14% -54.89% 650.0%
% of Gross Profit
Research & Development $2.918M $2.961M $108.1K
YoY Change 9628.03% 2639.6% -72.29%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.188M $4.111M $2.663M
YoY Change -34.77% 54.4% 259.84%
Operating Profit -$4.111M -$2.663M
YoY Change 54.4%
Interest Expense -$323.7K $1.510K -$100.0K
YoY Change 304.68% -101.51% 25.0%
% of Operating Profit
Other Income/Expense, Net $1.509K -$61.22K
YoY Change -102.46%
Pretax Income -$4.511M -$4.110M -$2.724M
YoY Change -30.6% 50.88% 236.3%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$4.511M -$4.110M -$2.724M
YoY Change -30.6% 50.88% 236.3%
Net Earnings / Revenue
Basic Earnings Per Share -$0.49
Diluted Earnings Per Share -$541.5K -$493.4K -$347.4K
COMMON SHARES
Basic Shares Outstanding 8.330M 8.330M
Diluted Shares Outstanding 8.330M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.01M $19.19M $500.0K
YoY Change -52.99% 3737.26%
Cash & Equivalents $14.01M $19.19M $499.1K
Short-Term Investments
Other Short-Term Assets $1.769M $920.9K $60.00K
YoY Change 5.27% 1434.85%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $15.78M $20.11M $560.0K
YoY Change -49.87% 3490.58%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $230.0K
YoY Change
Total Long-Term Assets $0.00 $0.00 $230.0K
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $15.78M $20.11M $560.0K
Total Long-Term Assets $0.00 $0.00 $230.0K
Total Assets $15.78M $20.11M $790.0K
YoY Change -49.87% 2445.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $353.9K $483.5K $200.0K
YoY Change -4.08% 141.75%
Accrued Expenses $921.8K $743.3K $1.590M
YoY Change 17.56% -53.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.276M $1.227M $1.780M
YoY Change -16.73% -31.08%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $4.150M
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $4.150M
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.276M $1.227M $1.780M
Total Long-Term Liabilities $0.00 $0.00 $4.150M
Total Liabilities $1.276M $1.227M $5.940M
YoY Change -16.73% -79.35%
SHAREHOLDERS EQUITY
Retained Earnings -$43.93M -$39.40M
YoY Change 57.07%
Common Stock $833.00 $833.00
YoY Change 0.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.50M $18.88M -$5.150M
YoY Change
Total Liabilities & Shareholders Equity $15.78M $20.11M $790.0K
YoY Change -49.87% 2445.22%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$4.511M -$4.110M -$2.724M
YoY Change -30.6% 50.88% 236.3%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$5.178M -$2.649M -$560.0K
YoY Change 126.12% 372.99% 9.8%
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 0.000 10.00K
YoY Change -100.0% -100.0% -200.0%
NET CHANGE
Cash From Operating Activities -5.178M -2.649M -560.0K
Cash From Investing Activities
Cash From Financing Activities 0.000 0.000 10.00K
Net Change In Cash -5.178M -2.649M -550.0K
YoY Change -117.68% 381.59% 5.77%
FREE CASH FLOW
Cash From Operating Activities -$5.178M -$2.649M -$560.0K
Capital Expenditures
Free Cash Flow
YoY Change

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<p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:0pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates</span></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-indent:18pt;margin:0pt;">The preparation of these financial statements and accompanying notes in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting period. The Company's significant estimates and assumptions include estimated work performed but not yet billed by contract manufacturers, engineers and research organizations, the valuation of equity and stock-based related instruments, and the valuation allowance related to deferred taxes. Some of these judgments can be subjective and complex, and, consequently, actual results could differ from those estimates. Although the Company believes that its estimates and assumptions are reasonable, they are based upon information </p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin:0pt 0pt 12pt 0pt;">available at the time the estimates and assumptions were made. Actual results could differ from those estimates.</p>
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8992
CY2021Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
743291
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
784104
CY2020Q3 us-gaap Notes Payable
NotesPayable
4204133
CY2020Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
89690
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
262334
CY2020Q3 viri Number Of Membership Interests Issuances Approved By Board
NumberOfMembershipInterestsIssuancesApprovedByBoard
2
CY2020Q3 viri Percentage Of Membership Interests Issuance To Founder
PercentageOfMembershipInterestsIssuanceToFounder
0.050
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
43000000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
172500
CY2021Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
12.50
CY2021Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P4Y2M15D
CY2021Q3 viri Warrants And Rights Intrinsic Value
WarrantsAndRightsIntrinsicValue
0
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2316000
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0

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0001558370-21-015659.txt Edgar Link pending
0001558370-21-015659-xbrl.zip Edgar Link pending
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