2021 Q4 Form 10-K Financial Statement
#000119983522000120 Filed on March 04, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| Revenue | $374.2K | $1.512M | $1.225M |
| YoY Change | -25.62% | 23.39% | -13.0% |
| Cost Of Revenue | $197.7K | $744.3K | $608.7K |
| YoY Change | -10.8% | 22.28% | -8.37% |
| Gross Profit | $176.5K | $767.8K | $616.7K |
| YoY Change | -37.28% | 24.49% | -17.14% |
| Gross Profit Margin | 47.17% | 50.78% | 50.33% |
| Selling, General & Admin | |||
| YoY Change | |||
| % of Gross Profit | |||
| Research & Development | $212.4K | ||
| YoY Change | |||
| % of Gross Profit | 27.66% | ||
| Depreciation & Amortization | $1.300K | $5.170K | $6.950K |
| YoY Change | -25.29% | -25.61% | -12.8% |
| % of Gross Profit | 0.74% | 0.67% | 1.13% |
| Operating Expenses | $244.1K | $957.7K | $839.2K |
| YoY Change | 22.97% | 14.12% | -12.35% |
| Operating Profit | -$67.55K | -$189.9K | -$222.5K |
| YoY Change | -181.43% | -14.65% | 4.37% |
| Interest Expense | $510.00 | $2.490K | $10.74K |
| YoY Change | -78.21% | -76.82% | -51.62% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $9.000K | ||
| YoY Change | |||
| Pretax Income | -$67.04K | $92.99K | -$202.7K |
| YoY Change | -178.6% | -145.87% | 6.16% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$67.04K | $92.99K | -$202.7K |
| YoY Change | -178.6% | -145.87% | 6.16% |
| Net Earnings / Revenue | -17.92% | 6.15% | -16.54% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$13.55K | $18.80K | -$40.98K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.056M | $1.056M | $808.1K |
| YoY Change | 30.63% | 30.63% | -12.63% |
| Cash & Equivalents | $655.6K | $655.6K | $308.1K |
| Short-Term Investments | $400.0K | $400.0K | $500.0K |
| Other Short-Term Assets | $24.39K | $24.39K | $28.09K |
| YoY Change | -13.17% | -13.17% | 34.34% |
| Inventory | $501.8K | $501.8K | $631.7K |
| Prepaid Expenses | $24.39K | ||
| Receivables | $166.3K | $166.3K | $288.9K |
| Other Receivables | $40.00 | $40.00 | $4.660K |
| Total Short-Term Assets | $1.748M | $1.748M | $1.761M |
| YoY Change | -0.75% | -0.75% | -4.9% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $30.28K | $30.28K | $70.68K |
| YoY Change | -57.16% | -57.16% | 35.82% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $30.28K | $30.28K | $70.67K |
| YoY Change | -57.15% | -57.15% | 35.8% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.748M | $1.748M | $1.761M |
| Total Long-Term Assets | $30.28K | $30.28K | $70.67K |
| Total Assets | $1.778M | $1.778M | $1.832M |
| YoY Change | -2.93% | -2.93% | -3.79% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $71.65K | $71.65K | $21.11K |
| YoY Change | 239.41% | 239.41% | -79.21% |
| Accrued Expenses | $37.55K | $37.55K | $63.80K |
| YoY Change | -41.14% | -41.14% | 19.72% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $28.44K | $28.44K | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $137.6K | $137.6K | $84.92K |
| YoY Change | 62.08% | 62.08% | -45.88% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $171.7K |
| YoY Change | -100.0% | -100.0% | |
| Other Long-Term Liabilities | $0.00 | $0.00 | $28.64K |
| YoY Change | -100.0% | -100.0% | |
| Total Long-Term Liabilities | $0.00 | $200.4K | |
| YoY Change | -100.0% | ||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $137.6K | $137.6K | $84.92K |
| Total Long-Term Liabilities | $0.00 | $200.4K | |
| Total Liabilities | $137.6K | $137.6K | $285.3K |
| YoY Change | -51.75% | -51.75% | 81.8% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $703.5K | ||
| YoY Change | |||
| Common Stock | $4.947K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $1.641M | $1.641M | $1.547M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.778M | $1.778M | $1.832M |
| YoY Change | -2.93% | -2.93% | -3.79% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9000 | USD |
| CY2021Q4 | us-gaap |
Notes Payable To Bank Noncurrent
NotesPayableToBankNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
USD | |
| CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2021 | elst |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
USD | |
| CY2020 | elst |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
| CY2020 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
USD | |
| CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
USD | |
| CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD |
