2022 Q4 Form 10-Q Financial Statement

#000149315222033257 Filed on November 22, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q4
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $1.617M
YoY Change
Gross Profit $817.6K
YoY Change
Gross Profit Margin
Selling, General & Admin $9.346M
YoY Change
% of Gross Profit 1143.09%
Research & Development $2.150K
YoY Change
% of Gross Profit 0.26%
Depreciation & Amortization $147.2K
YoY Change
% of Gross Profit 18.0%
Operating Expenses $300.0K $1.233M
YoY Change 14612.29%
Operating Profit -$298.3K -$45.59K
YoY Change 554.42%
Interest Expense $500.0K $213.5K
YoY Change
% of Operating Profit
Other Income/Expense, Net $499.3K
YoY Change
Pretax Income $200.0K -$1.019M
YoY Change 12064.32%
Income Tax -$57.10K
% Of Pretax Income -28.55%
Net Earnings $201.0K -$1.019M -$45.59K
YoY Change -540.94% 12064.32%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.02 -$91.80K
COMMON SHARES
Basic Shares Outstanding 20.19M shares 11.07M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $270.0K $193.6K
YoY Change
Cash & Equivalents $265.9K $193.5K
Short-Term Investments
Other Short-Term Assets $87.00M $86.58M
YoY Change
Inventory
Prepaid Expenses $30.61K $109.1K
Receivables $1.852M $1.802M
Other Receivables $7.467K $1.991M
Total Short-Term Assets $87.27M $86.78M $4.353M
YoY Change 1904.95% 20131.19%
LONG-TERM ASSETS
Property, Plant & Equipment $31.63K $56.93K
YoY Change -44.44%
Goodwill $992.7K
YoY Change -1.97%
Intangibles $0.00 $290.0K
YoY Change -100.0%
Long-Term Investments
YoY Change
Other Assets $478.1K
YoY Change
Total Long-Term Assets $0.00 $0.00 $3.646M
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $87.27M $86.78M $4.353M
Total Long-Term Assets $0.00 $0.00 $3.646M
Total Assets $87.27M $86.78M $7.999M
YoY Change 990.99% 20131.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.635M $359.7K
YoY Change 354.66%
Accrued Expenses $671.7K $824.4K $129.0K
YoY Change 420.61% 22548.63%
Deferred Revenue
YoY Change
Short-Term Debt $1.000M $800.0K
YoY Change
Long-Term Debt Due $7.190K
YoY Change
Total Short-Term Liabilities $29.12M $4.730M $7.316M
YoY Change 298.04%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $15.02K $0.00 $82.95K
YoY Change -81.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.12M $4.730M $7.316M
Total Long-Term Liabilities $15.02K $0.00 $82.95K
Total Liabilities $5.022M $4.730M $7.399M
YoY Change -32.12% 1083.11%
SHAREHOLDERS EQUITY
Retained Earnings -$4.022M -$3.724M $180.3K
YoY Change -2330.25% 44349.68%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.022M -$3.724M -$16.46K
YoY Change
Total Liabilities & Shareholders Equity $87.27M $86.78M $7.999M
YoY Change 990.99% 20131.19%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income $201.0K -$1.019M -$45.59K
YoY Change -540.94% 12064.32%
Depreciation, Depletion And Amortization $147.2K
YoY Change
Cash From Operating Activities -$123.8K -$353.3K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $18.14K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$250.1K $0.00
YoY Change
Cash From Investing Activities -$268.2K $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 $196.1K 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -$123.8K -353.3K
Cash From Investing Activities -268.2K 0.000
Cash From Financing Activities $196.1K 0.000
Net Change In Cash $72.31K -353.3K
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$123.8K -$353.3K
Capital Expenditures $18.14K
Free Cash Flow -$141.9K
YoY Change

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CY2021Q4 EUDA Net Loss Including Accretion Of Temporary Equity To Redemption Value
NetLossIncludingAccretionOfTemporaryEquityToRedemptionValue
-45587 usd
CY2022Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
3329682 usd
CY2022Q3 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
3306524 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
CY2022Q4 us-gaap Class Of Warrant Or Right Reason For Issuing To Nonemployees
ClassOfWarrantOrRightReasonForIssuingToNonemployees
No fractional warrants were issued and only whole warrants trade. The Company may redeem the warrants at a price of $0.01 per warrant upon 30 days’ notice, only in the event that the last sale price of the ordinary shares is at least $16.50 per share for any 20 trading days within a 30-trading day period ending on the third day prior to the date on which notice of redemption is given, provided there is an effective registration statement and current prospectus in effect with respect to the ordinary shares underlying such warrants during the 30 day redemption period. If a registration statement is not effective within 60 days following the consummation of the Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis pursuant to an available exemption from registration under the Securities Act.
CY2022Q4 EUDA Warrants Redemption Price
WarrantsRedemptionPrice
0.01
CY2022Q4 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
86250000 usd
CY2022 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
86250000 usd
CY2022Q4 EUDA Proceeds Allocated To Pubic Warrants And Public Rights
ProceedsAllocatedToPubicWarrantsAndPublicRights
9979125 usd
CY2022 EUDA Proceeds Allocated To Pubic Warrants And Public Rights
ProceedsAllocatedToPubicWarrantsAndPublicRights
9979125 usd
CY2022Q4 EUDA Proceeds From Issuance Of Redeemable Stock
ProceedsFromIssuanceOfRedeemableStock
5196868 usd
CY2022 EUDA Proceeds From Issuance Of Redeemable Stock
ProceedsFromIssuanceOfRedeemableStock
5196868 usd
CY2022Q4 EUDA Accretion Of Carrying Value To Redemption Value Deemed Dividend
AccretionOfCarryingValueToRedemptionValueDeemedDividend
15194433 usd
CY2022 EUDA Accretion Of Carrying Value To Redemption Value Deemed Dividend
AccretionOfCarryingValueToRedemptionValueDeemedDividend
14695090 usd
CY2022Q4 EUDA Temporary Equity Carrying Amount Subject To Possible Redemption
TemporaryEquityCarryingAmountSubjectToPossibleRedemption
86268440 usd
CY2022 EUDA Temporary Equity Carrying Amount Subject To Possible Redemption
TemporaryEquityCarryingAmountSubjectToPossibleRedemption
85769097 usd
CY2022Q3 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
3894 usd
CY2022Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
3894 usd
CY2022Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 usd
CY2022Q4 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
30000 usd
CY2021Q4 us-gaap Payment For Administrative Fees
PaymentForAdministrativeFees
0 usd
CY2021Q4 us-gaap Underwriting Expense Ratio
UnderwritingExpenseRatio
0.020 pure
CY2021Q4 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
1725000 usd
CY2021Q4 EUDA Deferred Underwriting Expense Ratio
DeferredUnderwritingExpenseRatio
0.035 pure
CY2021Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
3018750 usd
CY2021Q4 us-gaap Other Underwriting Expense
OtherUnderwritingExpense
225000 usd
CY2022Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000 usd
CY2022Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2021Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1437500 shares
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
25000 usd
CY2022Q3 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
86472912 usd
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
86972255 usd
CY2022Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
86472912 usd
CY2022Q4 EUDA Common Stock Redemption Value
CommonStockRedemptionValue
60800000 usd

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