2023 Q1 Form 10-K Financial Statement

#000168316823000186 Filed on January 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q3 2022
Revenue $11.58M $14.29M $58.60M
YoY Change -39.06% 18024.32% 35454.04%
Cost Of Revenue $6.592M $8.477M $36.01M
YoY Change -45.11% 65004.3% 95326.75%
Gross Profit $4.988M $5.809M $22.58M
YoY Change -28.67% 8728.28% 17671.75%
Gross Profit Margin 43.07% 40.66% 38.54%
Selling, General & Admin $5.711M $9.458M $45.14M
YoY Change -61.73% 90.55% 335.29%
% of Gross Profit 114.48% 162.81% 199.89%
Research & Development $242.0K $202.5K $3.473M
YoY Change -75.39% -72.92% 22.16%
% of Gross Profit 4.85% 3.49% 15.38%
Depreciation & Amortization $1.769M $1.607M $6.377M
YoY Change -31.24% 658.1% 1533.99%
% of Gross Profit 35.45% 27.66% 28.24%
Operating Expenses $5.953M $9.660M $55.23M
YoY Change -62.94% 67.11% 309.88%
Operating Profit -$964.4K -$3.851M -$32.64M
YoY Change -89.36% -32.61% 144.58%
Interest Expense $2.688M -$2.986M $9.895M
YoY Change -196.97% 660.02% -665.18%
% of Operating Profit
Other Income/Expense, Net -$3.047M -$8.783M
YoY Change 9.93%
Pretax Income -$4.012M -$11.73M -$41.43M
YoY Change -66.12% 91.74% 172.55%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$4.012M -$13.21M -$41.43M
YoY Change -66.12% 115.99% 172.55%
Net Earnings / Revenue -34.64% -92.47% -70.7%
Basic Earnings Per Share -$0.25 $3.11
Diluted Earnings Per Share -$0.25 -$797.9K $3.11
COMMON SHARES
Basic Shares Outstanding 17.28M shares 16.45M shares 14.84M shares
Diluted Shares Outstanding 21.99M shares 14.84M shares

Balance Sheet

Concept 2023 Q1 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.469M $5.486M $5.486M
YoY Change -50.81% -39.48% -39.48%
Cash & Equivalents $3.469M $5.486M
Short-Term Investments
Other Short-Term Assets $1.201M $3.018M $3.018M
YoY Change -28.35% 250.52% 250.52%
Inventory
Prepaid Expenses $1.772M
Receivables $1.800M $1.647M $1.647M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.470M $10.15M $10.15M
YoY Change -38.14% 2.05% 2.05%
LONG-TERM ASSETS
Property, Plant & Equipment $533.4K $546.4K $546.4K
YoY Change -46.75% 540.32% 111.58%
Goodwill $34.20M $30.66M
YoY Change
Intangibles $27.26M $27.55M
YoY Change 614.24%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $62.00M $58.75M $58.75M
YoY Change -16.63% 1327.74% 1327.74%
TOTAL ASSETS
Total Short-Term Assets $6.470M $10.15M $10.15M
Total Long-Term Assets $62.00M $58.75M $58.75M
Total Assets $68.47M $68.90M $68.90M
YoY Change -19.28% 389.96% 389.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.541M $13.38M $13.38M
YoY Change 5.26% 677.7% 677.7%
Accrued Expenses $79.72K $130.0K $130.0K
YoY Change -53.6% -23.78% -23.78%
Deferred Revenue $1.006M $1.272M
YoY Change 2064.19%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $20.26M $21.20M $21.20M
YoY Change 962.65% 1418.67% 1418.67%
Total Short-Term Liabilities $29.89M $35.99M $35.99M
YoY Change 165.01% 975.43% 975.43%
LONG-TERM LIABILITIES
Long-Term Debt $12.86M $11.15M $11.15M
YoY Change -60.65% 2302.51% 2302.49%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $12.86M $11.15M $11.15M
YoY Change -60.65% 2302.51% 2302.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.89M $35.99M $35.99M
Total Long-Term Liabilities $12.86M $11.15M $11.15M
Total Liabilities $42.75M $47.14M $47.14M
YoY Change -2.76% 1137.01% 1137.01%
SHAREHOLDERS EQUITY
Retained Earnings -$77.49M -$62.83M
YoY Change 277.35%
Common Stock $25.14K $16.65K
YoY Change 25.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.72M $21.77M $21.77M
YoY Change
Total Liabilities & Shareholders Equity $68.47M $68.90M $68.90M
YoY Change -19.28% 389.96% 389.96%

Cashflow Statement

Concept 2023 Q1 2022 Q3 2022
OPERATING ACTIVITIES
Net Income -$4.012M -$13.21M -$41.43M
YoY Change -66.12% 115.99% 172.55%
Depreciation, Depletion And Amortization $1.769M $1.607M $6.377M
YoY Change -31.24% 658.1% 1533.99%
Cash From Operating Activities -$5.426M -$2.444M -$11.39M
YoY Change 18.04% -28.3% 37.15%
INVESTING ACTIVITIES
Capital Expenditures $3.010K -$59.43K -$1.201M
YoY Change -100.59% 9.15% 661.45%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$6.000K -$56.24M
YoY Change -100.0% 13286.22%
Cash From Investing Activities -$3.010K -$65.43K -$57.44M
YoY Change -97.28% 20.17% 9840.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.922M -489.5K $63.66M
YoY Change -3363.53% 255.68%
NET CHANGE
Cash From Operating Activities -5.426M -2.444M -$11.39M
Cash From Investing Activities -3.010K -65.43K -$57.44M
Cash From Financing Activities 2.922M -489.5K $63.66M
Net Change In Cash -2.507M -2.999M -$3.579M
YoY Change -46.74% -13.03% -139.71%
FREE CASH FLOW
Cash From Operating Activities -$5.426M -$2.444M -$11.39M
Capital Expenditures $3.010K -$59.43K -$1.201M
Free Cash Flow -$5.429M -$2.385M -$10.19M
YoY Change 32.84% -28.91% 25.07%

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R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
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Show.js Edgar Link pending
ebet-20220930_lab.xml Edgar Link unprocessable