2023 Q1 Form 10-Q Financial Statement

#000152013823000169 Filed on April 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $1.465M
YoY Change
Gross Profit $343.0K
YoY Change
Gross Profit Margin
Selling, General & Admin $0.00 $10.00K $30.00K
YoY Change -100.0% -50.0%
% of Gross Profit 0.0%
Research & Development $130.2K
YoY Change
% of Gross Profit 37.96%
Depreciation & Amortization $65.00 $65.00 $65.00
YoY Change 0.0% 0.0%
% of Gross Profit 0.02%
Operating Expenses $2.065K $7.500K $28.09K
YoY Change -92.65% -66.47%
Operating Profit -$2.065K -$7.500K -$28.09K
YoY Change -92.65% -66.47%
Interest Expense $0.00 $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$121.9K $0.00
YoY Change
Pretax Income -$2.064K -$7.491K -$28.07K
YoY Change -92.65% -66.51%
Income Tax
% Of Pretax Income
Net Earnings -$2.064K -$7.491K -$28.07K
YoY Change -92.65% -66.51%
Net Earnings / Revenue
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 15.47M shares 15.47M shares
Diluted Shares Outstanding 25.90M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.00K $80.00K
YoY Change -33.33%
Cash & Equivalents $14.35K $80.78K $87.12K
Short-Term Investments $60.00K
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $74.35K $80.78K
YoY Change -32.68%
LONG-TERM ASSETS
Property, Plant & Equipment $899.00 $964.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $899.00 $964.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $74.35K $80.78K
Total Long-Term Assets $899.00 $964.00
Total Assets $75.25K $81.75K
YoY Change -31.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.000K $5.434K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.000K $5.434K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.000K $5.434K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.000K $5.434K
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$65.92K -$63.86K
YoY Change
Common Stock $15.47K $15.47K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $74.25K $76.31K $88.28K
YoY Change
Total Liabilities & Shareholders Equity $75.25K $81.75K
YoY Change -31.88%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.064K -$7.491K -$28.07K
YoY Change -92.65% -66.51%
Depreciation, Depletion And Amortization $65.00 $65.00 $65.00
YoY Change 0.0% 0.0%
Cash From Operating Activities $0.00 -$5.358K -$30.00K
YoY Change -100.0% -52.6%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
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
YoY Change
NET CHANGE
Cash From Operating Activities 0.000 -$5.358K -30.00K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 0.000
Net Change In Cash 0.000 -$5.358K -30.00K
YoY Change -100.0% -57.07%
FREE CASH FLOW
Cash From Operating Activities $0.00 -$5.358K -$30.00K
Capital Expenditures $0.00 $0.00
Free Cash Flow $0.00 -$5.358K -$30.00K
YoY Change -100.0% -57.45%

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