2022 Q3 Form 10-Q Financial Statement

#000168316822005771 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $14.29M $18.17M $19.00M
YoY Change 18024.32% 43831.99% 63241.97%
Cost Of Revenue $8.477M $10.92M $12.01M
YoY Change 65004.3% 119996.0%
Gross Profit $5.809M $7.250M $6.993M
YoY Change 8728.28% 17430.03% 34864.95%
Gross Profit Margin 40.66% 39.9% 36.8%
Selling, General & Admin $9.458M $13.13M $14.92M
YoY Change 90.55% 469.49% 950.76%
% of Gross Profit 162.81% 181.06% 213.37%
Research & Development $202.5K $1.115M $983.5K
YoY Change -72.92% 3.97% 63.92%
% of Gross Profit 3.49% 15.38% 14.06%
Depreciation & Amortization $1.607M $1.975M $2.572M
YoY Change 658.1% 1007.23% 25621.9%
% of Gross Profit 27.66% 27.24% 36.78%
Operating Expenses $9.660M $14.24M $16.06M
YoY Change 67.11% 293.3% 691.17%
Operating Profit -$3.851M -$6.992M -$9.068M
YoY Change -32.61% 95.32% 351.13%
Interest Expense -$2.986M $1.921M -$2.772M
YoY Change 660.02% 421.89% 649.22%
% of Operating Profit
Other Income/Expense, Net -$1.987M -$2.772M
YoY Change 425.68%
Pretax Income -$11.73M -$8.979M -$11.84M
YoY Change 91.74% 126.87% 397.52%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$13.21M -$8.979M -$11.84M
YoY Change 115.99% 126.87% 398.43%
Net Earnings / Revenue -92.47% -49.42% -62.31%
Basic Earnings Per Share -$0.70 -$0.93
Diluted Earnings Per Share -$797.9K -$0.70 -$831.7K
COMMON SHARES
Basic Shares Outstanding 16.45M shares 14.84M shares 14.24M shares
Diluted Shares Outstanding 14.84M shares 14.24M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.486M $6.888M $7.052M
YoY Change -39.48% -44.71% 210.65%
Cash & Equivalents $5.486M $6.888M $7.052M
Short-Term Investments
Other Short-Term Assets $3.018M $2.422M $1.676M
YoY Change 250.52% 229.69% 698.05%
Inventory
Prepaid Expenses $1.772M
Receivables $1.647M $1.619M $1.732M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.15M $10.93M $10.46M
YoY Change 2.05% -17.16% 320.07%
LONG-TERM ASSETS
Property, Plant & Equipment $546.4K $1.109M $1.002M
YoY Change 540.32% 1183.11%
Goodwill $30.66M $32.67M
YoY Change
Intangibles $27.55M
YoY Change 614.24%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $58.75M $68.19M $74.36M
YoY Change 1327.74% 1563.45% 2862.61%
TOTAL ASSETS
Total Short-Term Assets $10.15M $10.93M $10.46M
Total Long-Term Assets $58.75M $68.19M $74.36M
Total Assets $68.90M $79.12M $84.82M
YoY Change 389.96% 357.53% 1596.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.38M $12.35M $8.114M
YoY Change 677.7% 1510.3% 4971.52%
Accrued Expenses $130.0K $164.8K $171.8K
YoY Change -23.78%
Deferred Revenue $1.272M $1.404M
YoY Change 2064.19%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $21.20M $1.607M $1.907M
YoY Change 1418.67% 47.92%
Total Short-Term Liabilities $35.99M $15.76M $11.28M
YoY Change 975.43% 741.85% 1583.44%
LONG-TERM LIABILITIES
Long-Term Debt $11.15M $32.24M $32.69M
YoY Change 2302.51% 4090.57%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $11.15M $32.24M $32.69M
YoY Change 2302.51% 7015.27% 2579.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.99M $15.76M $11.28M
Total Long-Term Liabilities $11.15M $32.24M $32.69M
Total Liabilities $47.14M $48.01M $43.97M
YoY Change 1137.01% 1964.44% 2226.22%
SHAREHOLDERS EQUITY
Retained Earnings -$62.83M -$49.62M
YoY Change 277.35%
Common Stock $16.65K $16.17K
YoY Change 25.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.77M $31.12M $40.86M
YoY Change
Total Liabilities & Shareholders Equity $68.90M $79.12M $84.82M
YoY Change 389.96% 357.53% 1596.42%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$13.21M -$8.979M -$11.84M
YoY Change 115.99% 126.87% 398.43%
Depreciation, Depletion And Amortization $1.607M $1.975M $2.572M
YoY Change 658.1% 1007.23% 25621.9%
Cash From Operating Activities -$2.444M -$1.333M -$4.597M
YoY Change -28.3% -56.0% 333.7%
INVESTING ACTIVITIES
Capital Expenditures -$59.43K -$239.0K -$509.9K
YoY Change 9.15% 1702.26%
Acquisitions
YoY Change
Other Investing Activities -$6.000K $0.00 $399.4K
YoY Change -100.0%
Cash From Investing Activities -$65.43K -$239.0K -$110.5K
YoY Change 20.17% -21.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -489.5K 1.408M 0.000
YoY Change -3363.53% -89.58% -100.0%
NET CHANGE
Cash From Operating Activities -2.444M -1.333M -4.597M
Cash From Investing Activities -65.43K -239.0K -110.5K
Cash From Financing Activities -489.5K 1.408M 0.000
Net Change In Cash -2.999M -163.3K -4.708M
YoY Change -13.03% -101.6% 1284.63%
FREE CASH FLOW
Cash From Operating Activities -$2.444M -$1.333M -$4.597M
Capital Expenditures -$59.43K -$239.0K -$509.9K
Free Cash Flow -$2.385M -$1.094M -$4.087M
YoY Change -28.91% -63.73% 285.6%

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CY2022Q2 EBET Basic And Diluted Weighted Average Common Shares
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