2022 Q1 Form 10-Q Financial Statement
#000121390022027092 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $3.466M | $10.00K |
| YoY Change | 34563.7% | -95.0% |
| Cost Of Revenue | $1.678M | $10.00K |
| YoY Change | 16683.9% | |
| Gross Profit | $1.788M | $0.00 |
| YoY Change | -100.0% | |
| Gross Profit Margin | 51.58% | 0.0% |
| Selling, General & Admin | $3.726M | $1.610M |
| YoY Change | 131.42% | -73.43% |
| % of Gross Profit | 208.39% | |
| Research & Development | $433.1K | |
| YoY Change | ||
| % of Gross Profit | 24.22% | |
| Depreciation & Amortization | $56.98K | $0.00 |
| YoY Change | ||
| % of Gross Profit | 3.19% | |
| Operating Expenses | $4.216M | $1.610M |
| YoY Change | 161.86% | -73.43% |
| Operating Profit | -$2.428M | -$1.610M |
| YoY Change | 50.8% | -72.53% |
| Interest Expense | $170.2K | $130.0K |
| YoY Change | 30.88% | -533.33% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$4.100K | $490.0K |
| YoY Change | -100.84% | -200.0% |
| Pretax Income | -$2.510M | -$990.0K |
| YoY Change | 153.58% | -85.22% |
| Income Tax | $188.0K | |
| % Of Pretax Income | ||
| Net Earnings | $0.00 | -$800.0K |
| YoY Change | -100.0% | -100.68% |
| Net Earnings / Revenue | 0.0% | -8000.0% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $0.00 | -$19.98K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 70.07M shares | |
| Diluted Shares Outstanding | 13.65M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $55.44M | $42.10M |
| YoY Change | 31.68% | 20950.0% |
| Cash & Equivalents | $53.64M | $42.10M |
| Short-Term Investments | $1.799M | |
| Other Short-Term Assets | $2.364M | $100.0K |
| YoY Change | 2264.03% | -94.12% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $8.122M | |
| Other Receivables | $7.400M | |
| Total Short-Term Assets | $73.32M | $47.90M |
| YoY Change | 53.08% | 2180.95% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $3.201M | $300.0K |
| YoY Change | 967.11% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $19.44M | $500.0K |
| YoY Change | 3788.58% | -97.57% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $73.32M | $47.90M |
| Total Long-Term Assets | $19.44M | $500.0K |
| Total Assets | $92.77M | $48.40M |
| YoY Change | 91.67% | 113.22% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $80.00 | $200.0K |
| YoY Change | -99.96% | -33.33% |
| Accrued Expenses | $959.2K | $2.000M |
| YoY Change | -52.04% | 122.22% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $4.647M | $300.0K |
| YoY Change | 1449.0% | -72.73% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $10.24M | $3.100M |
| YoY Change | 230.36% | -52.31% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $189.0K | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $3.470M | $900.0K |
| YoY Change | 285.54% | -18.18% |
| Total Long-Term Liabilities | $3.659M | $900.0K |
| YoY Change | 306.55% | -18.18% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $10.24M | $3.100M |
| Total Long-Term Liabilities | $3.659M | $900.0K |
| Total Liabilities | $13.13M | $3.900M |
| YoY Change | 236.77% | -29.09% |
| 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 | $79.63M | $44.40M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $92.77M | $48.40M |
| YoY Change | 91.67% | 113.22% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Repayments Of Convertible Debt
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Local Phone Number
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Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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Weighted Average Number Of Shares Outstanding Basic
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70067147 | shares |
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Net Cash Provided By Used In Investing Activities
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Proceeds From Amount Due From Related Parties Net
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Convertible Debt
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