2021 Q3 Form 10-Q Financial Statement
#000149315221027332 Filed on November 05, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $73.93K | $43.00K |
| YoY Change | 71.93% | -25.55% |
| Cost Of Revenue | $68.62K | $68.62K |
| YoY Change | 0.0% | 42.57% |
| Gross Profit | $5.310K | -$25.62K |
| YoY Change | -120.73% | -366.04% |
| Gross Profit Margin | 7.18% | -59.58% |
| Selling, General & Admin | $492.4K | $11.69K |
| YoY Change | 4111.89% | -80.12% |
| % of Gross Profit | 9272.5% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $68.62K | $68.61K |
| YoY Change | 0.01% | 42.55% |
| % of Gross Profit | 1292.28% | |
| Operating Expenses | $492.4K | $11.69K |
| YoY Change | 4111.8% | -80.12% |
| Operating Profit | -$487.1K | -$37.31K |
| YoY Change | 1205.41% | -24.14% |
| Interest Expense | -$1.450K | -$16.40K |
| YoY Change | -91.16% | 9.33% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$1.890K | $360.00 |
| YoY Change | -625.0% | |
| Pretax Income | -$490.4K | -$53.35K |
| YoY Change | 819.19% | -16.87% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$490.4K | -$53.35K |
| YoY Change | 819.19% | -16.87% |
| Net Earnings / Revenue | -663.32% | -124.07% |
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$5.546K | -$758.90 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 88.42M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.250K | $59.02K |
| YoY Change | -92.8% | -9.96% |
| Cash & Equivalents | $4.251K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $702.4K | $26.63K |
| YoY Change | 2537.74% | 243.61% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $49.50K | $15.37K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $756.2K | $101.0K |
| YoY Change | 648.54% | 13.28% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $86.32K | |
| YoY Change | ||
| Total Long-Term Assets | $718.5K | $656.8K |
| YoY Change | 9.39% | -2.83% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $756.2K | $101.0K |
| Total Long-Term Assets | $718.5K | $656.8K |
| Total Assets | $1.475M | $757.9K |
| YoY Change | 94.58% | -0.95% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $351.0K | $53.50K |
| YoY Change | 556.11% | |
| Accrued Expenses | $155.2K | $356.8K |
| YoY Change | -56.51% | 96.16% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $134.6K | $1.036M |
| YoY Change | -87.0% | 1.18% |
| Long-Term Debt Due | $46.39K | $23.08K |
| YoY Change | 101.0% | |
| Total Short-Term Liabilities | $687.2K | $1.469M |
| YoY Change | -53.22% | 21.57% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $146.1K | $172.5K |
| YoY Change | -15.3% | |
| Other Long-Term Liabilities | $7.800K | $2.340K |
| YoY Change | 233.33% | |
| Total Long-Term Liabilities | $153.9K | $174.8K |
| YoY Change | -11.97% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $687.2K | $1.469M |
| Total Long-Term Liabilities | $153.9K | $174.8K |
| Total Liabilities | $841.1K | $1.644M |
| YoY Change | -48.84% | 36.03% |
| 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 | $633.6K | -$886.1K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.475M | $757.9K |
| YoY Change | 94.58% | -0.95% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$490.4K | -$53.35K |
| YoY Change | 819.19% | -16.87% |
| Depreciation, Depletion And Amortization | $68.62K | $68.61K |
| YoY Change | 0.01% | 42.55% |
| Cash From Operating Activities | -$201.7K | -$15.30K |
| YoY Change | 1218.63% | -160.83% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$45.30K | -$47.30K |
| YoY Change | -4.23% | -23.52% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$45.30K | -$47.30K |
| YoY Change | -4.23% | -23.52% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 248.8K | -2.900K |
| YoY Change | -8678.62% | -140.0% |
| NET CHANGE | ||
| Cash From Operating Activities | -201.7K | -15.30K |
| Cash From Investing Activities | -45.30K | -47.30K |
| Cash From Financing Activities | 248.8K | -2.900K |
| Net Change In Cash | 1.730K | -65.50K |
| YoY Change | -102.64% | 122.41% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$201.7K | -$15.30K |
| Capital Expenditures | -$45.30K | -$47.30K |
| Free Cash Flow | -$156.4K | $32.00K |
| YoY Change | -588.91% | -63.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Other Assets Noncurrent
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|
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| CY2021Q3 | us-gaap |
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|
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Interest Payable Current
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|
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| CY2020Q4 | us-gaap |
Due To Related Parties Current
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Commitments And Contingencies
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Income Tax Expense Benefit
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Income Tax Expense Benefit
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Issuance Of Stock And Warrants For Services Or Claims
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Provision For Doubtful Accounts
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| FDCT |
Subscription Receivable
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Income Taxes Paid Net
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Interest Paid Net
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Provision For Doubtful Accounts
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|
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| CY2020Q4 | FDCT |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable
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|
shares | |
| FDCT |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Became Exercisable
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| CY2021Q3 | FDCT |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable
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Income Tax Expense Benefit
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