2023 Q3 Form 10-Q Financial Statement

#000121390023065707 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $10.00K $12.00K $0.00
YoY Change -28.57%
Cost Of Revenue $70.00K $12.00K $39.00K
YoY Change 400.0% -69.23%
Gross Profit -$60.00K $0.00 -$39.00K
YoY Change -100.0%
Gross Profit Margin -600.0% 0.0%
Selling, General & Admin $4.717M $4.003M $1.174M
YoY Change -42.96% 240.95% 478.01%
% of Gross Profit
Research & Development $283.0K $333.0K $1.001M
YoY Change -49.28% -66.73%
% of Gross Profit
Depreciation & Amortization $75.00K $250.0K $90.00K
YoY Change 7.14% 177.78% 80.0%
% of Gross Profit
Operating Expenses $3.447M $7.617M $1.174M
YoY Change -60.95% 548.77% 478.01%
Operating Profit -$3.507M -$7.605M -$1.174M
YoY Change -60.21% 547.75% 478.02%
Interest Expense $148.0K $492.0K $1.042M
YoY Change -65.09% -52.77% -162.97%
% of Operating Profit
Other Income/Expense, Net -$41.00K $117.0K -$54.00K
YoY Change -94.74% -316.67%
Pretax Income -$3.660M -$11.29M -$132.3K
YoY Change -91.08% 8436.86% -92.88%
Income Tax
% Of Pretax Income
Net Earnings -$3.660M -$11.29M -$132.3K
YoY Change -91.08% 8438.94% -92.88%
Net Earnings / Revenue -36600.0% -94108.33%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.75 -$0.49 -$5.659K
COMMON SHARES
Basic Shares Outstanding 51.98M shares 27.17M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.00K $220.0K $147.0K
YoY Change -99.6% 49.64% -87.37%
Cash & Equivalents $42.00K $215.0K $147.0K
Short-Term Investments
Other Short-Term Assets $106.0K $105.0K $126.1K
YoY Change 430.0% -16.71% -60.63%
Inventory $1.131M $1.300M $1.200M
Prepaid Expenses $126.1K
Receivables
Other Receivables
Total Short-Term Assets $2.585M $3.328M $273.1K
YoY Change -85.48% 1118.65% -81.6%
LONG-TERM ASSETS
Property, Plant & Equipment $180.0K
YoY Change
Goodwill
YoY Change
Intangibles $477.0K
YoY Change
Long-Term Investments $110.9M
YoY Change -44.91%
Other Assets $118.0K $240.0K $23.00M
YoY Change -99.5% -98.96%
Total Long-Term Assets $546.0K $719.0K $110.9M
YoY Change -98.98% -99.35% -44.91%
TOTAL ASSETS
Total Short-Term Assets $2.585M $3.328M $273.1K
Total Long-Term Assets $546.0K $719.0K $110.9M
Total Assets $3.131M $4.047M $111.2M
YoY Change -95.62% -96.36% -45.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.816M $4.021M $2.576M
YoY Change 77.97% 56.09% 7173.11%
Accrued Expenses $1.528M $1.399M $740.0K
YoY Change 205.6% 89.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $946.7K
YoY Change -100.0%
Long-Term Debt Due $4.006M $3.860M
YoY Change
Total Short-Term Liabilities $13.52M $10.16M $3.528M
YoY Change -59.06% 187.94% 8627.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $718.0K $920.0K $5.203M
YoY Change -96.59% -82.32% -64.17%
Total Long-Term Liabilities $718.0K $920.0K $5.203M
YoY Change -97.01% -82.32% -64.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.52M $10.16M $3.528M
Total Long-Term Liabilities $718.0K $920.0K $5.203M
Total Liabilities $14.23M $11.08M $8.730M
YoY Change -74.46% 26.88% -40.04%
SHAREHOLDERS EQUITY
Retained Earnings -$172.3M -$168.6M -$8.458M
YoY Change 33.65% 1893.76%
Common Stock $6.000K $5.000K $63.00
YoY Change 100.0% 7836.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$11.10M -$7.030M -$8.457M
YoY Change
Total Liabilities & Shareholders Equity $3.131M $4.047M $111.2M
YoY Change -95.62% -96.36% -45.18%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$3.660M -$11.29M -$132.3K
YoY Change -91.08% 8438.94% -92.88%
Depreciation, Depletion And Amortization $75.00K $250.0K $90.00K
YoY Change 7.14% 177.78% 80.0%
Cash From Operating Activities -$865.0K -$1.940M -$553.7K
YoY Change -79.74% 250.34% 286.2%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $1.260M
YoY Change -100.0% -100.0% 4100.0%
Acquisitions
YoY Change
Other Investing Activities $90.55M
YoY Change -181205.66%
Cash From Investing Activities $0.00 $0.00 $90.55M
YoY Change -100.0% -100.0% -113291.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 692.0K 0.000 -90.05M
YoY Change -120.97% -100.0% -792.66%
NET CHANGE
Cash From Operating Activities -865.0K -1.940M -553.7K
Cash From Investing Activities 0.000 0.000 90.55M
Cash From Financing Activities 692.0K 0.000 -90.05M
Net Change In Cash -173.0K -1.940M -46.30K
YoY Change -97.85% 4090.06% -67.71%
FREE CASH FLOW
Cash From Operating Activities -$865.0K -$1.940M -$553.7K
Capital Expenditures $0.00 $0.00 $1.260M
Free Cash Flow -$865.0K -$1.940M -$1.814M
YoY Change -81.75% 6.96% 946.11%

Facts In Submission

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foxo Purchase Units
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us-gaap Management Fee Expense
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CY2023Q2 us-gaap Preferred Stock Shares Issued
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foxo Management Contingent Share Plans
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CY2022Q2 us-gaap Fair Value Adjustment Of Warrants
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CY2022Q2 foxo Loss From Pik Note Amendment And2022 Debenture Release
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foxo Pik Note Amendment
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CY2023Q2 us-gaap Treasury Stock Preferred Shares
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CY2022Q2 foxo Stock Issuances
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Entity Central Index Key
EntityCentralIndexKey
0001812360

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