2021 Q4 Form 10-Q Financial Statement
#000149315222011363 Filed on April 28, 2022
Income Statement
| Concept | 2021 Q4 | 2020 Q4 |
|---|---|---|
| Revenue | $4.000K | $20.00K |
| YoY Change | -80.0% | -79.48% |
| Cost Of Revenue | $2.470K | $20.00K |
| YoY Change | -87.65% | -70.32% |
| Gross Profit | $1.530K | $10.00K |
| YoY Change | -84.7% | -66.74% |
| Gross Profit Margin | 38.25% | 50.0% |
| Selling, General & Admin | $102.5K | $90.00K |
| YoY Change | 13.87% | -52.7% |
| % of Gross Profit | 6698.04% | 900.0% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | |
| YoY Change | ||
| % of Gross Profit | 0.0% | |
| Operating Expenses | $0.00 | $90.00K |
| YoY Change | -100.0% | -56.79% |
| Operating Profit | $1.530K | -$80.00K |
| YoY Change | -101.91% | -55.11% |
| Interest Expense | -$14.10K | -$40.00K |
| YoY Change | -64.75% | 286.1% |
| % of Operating Profit | -921.57% | |
| Other Income/Expense, Net | $0.00 | $10.00K |
| YoY Change | -100.0% | -62.05% |
| Pretax Income | -$115.1K | -$110.0K |
| YoY Change | 4.59% | -39.19% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$115.0K | -$110.0K |
| YoY Change | 4.59% | -39.19% |
| Net Earnings / Revenue | -2876.2% | -550.0% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$2.156K | -$2.610K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q4 | 2020 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $10.59K | $10.00K |
| YoY Change | 5.9% | 16.82% |
| Cash & Equivalents | $10.59K | |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | $15.09K | $40.00K |
| Prepaid Expenses | ||
| Receivables | $0.00 | $20.00K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $25.68K | $80.00K |
| YoY Change | -67.9% | -50.29% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $20.00K | |
| YoY Change | -11.5% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $10.00K | |
| YoY Change | 61.55% | |
| Total Long-Term Assets | $0.00 | $20.00K |
| YoY Change | -100.0% | -30.53% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $25.68K | $80.00K |
| Total Long-Term Assets | $0.00 | $20.00K |
| Total Assets | $25.68K | $100.0K |
| YoY Change | -74.32% | -47.29% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $212.1K | $80.00K |
| YoY Change | 165.16% | -2.71% |
| Accrued Expenses | $926.6K | $4.280M |
| YoY Change | -78.35% | 973.95% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $671.7K | $590.0K |
| YoY Change | 13.85% | 65.39% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.810M | $4.960M |
| YoY Change | -63.5% | 492.25% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.810M | $4.960M |
| Total Long-Term Liabilities | $0.00 | |
| Total Liabilities | $1.810M | $4.960M |
| YoY Change | -63.5% | 492.25% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$1.749M | -$4.860M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $25.68K | $100.0K |
| YoY Change | -74.32% | -47.29% |
Cashflow Statement
| Concept | 2021 Q4 | 2020 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$115.0K | -$110.0K |
| YoY Change | 4.59% | -39.19% |
| Depreciation, Depletion And Amortization | $0.00 | |
| YoY Change | ||
| Cash From Operating Activities | -$24.63K | -$68.31K |
| YoY Change | -63.94% | -25.46% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | ||
| Cash From Investing Activities | $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 | 10.00K | 47.98K |
| YoY Change | -79.16% | 12.97% |
| NET CHANGE | ||
| Cash From Operating Activities | -24.63K | -68.31K |
| Cash From Investing Activities | 0.000 | |
| Cash From Financing Activities | 10.00K | 47.98K |
| Net Change In Cash | -14.63K | -20.33K |
| YoY Change | -28.04% | -58.65% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$24.63K | -$68.31K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
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|---|---|---|---|---|
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Property Plant And Equipment Net
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