2022 Q1 Form 8-K Financial Statement
#000101054922000144 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
|---|---|---|---|
| Revenue | $45.00K | $25.00K | $26.00K |
| YoY Change | 73.08% | 0.0% | 0.0% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $80.00K | $122.0K | $74.00K |
| YoY Change | 8.11% | 22.0% | -28.85% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $3.000K | -$14.00K | $3.000K |
| YoY Change | 0.0% | 1300.0% | 0.0% |
| % of Gross Profit | |||
| Operating Expenses | $92.00K | $128.0K | $92.00K |
| YoY Change | 0.0% | 1.59% | -23.33% |
| Operating Profit | -$47.00K | ||
| YoY Change | |||
| Interest Expense | $53.00K | $54.00K | |
| YoY Change | -3.64% | -10.0% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | $0.00 | $91.00K | |
| YoY Change | -100.0% | ||
| Pretax Income | $5.000K | -$50.00K | $79.00K |
| YoY Change | -93.67% | 13.64% | -332.35% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | $5.000K | -$50.00K | $79.00K |
| YoY Change | -93.67% | 56.25% | -181.44% |
| Net Earnings / Revenue | 11.11% | -200.0% | 303.85% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $974.30 | -$9.743K | $15.39K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 5.132K shares | 5.132M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q4 | 2021 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $254.0K | $252.0K | $43.00K |
| YoY Change | 490.7% | 833.33% | 59.26% |
| Cash & Equivalents | $254.0K | $252.0K | $43.00K |
| Short-Term Investments | |||
| Other Short-Term Assets | $38.00K | $220.0K | |
| YoY Change | -82.73% | 478.95% | |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $22.00K | ||
| Other Receivables | $3.542M | ||
| Total Short-Term Assets | $3.856M | $3.812M | $3.899M |
| YoY Change | -1.1% | 0.26% | -5.16% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $640.0K | $643.0K | $653.0K |
| YoY Change | -1.99% | -1.98% | -53.36% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $0.00 | $145.0K | |
| YoY Change | -100.0% | -28.92% | |
| Total Long-Term Assets | $640.0K | $643.0K | $798.0K |
| YoY Change | -19.8% | -20.52% | -50.25% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $3.856M | $3.812M | $3.899M |
| Total Long-Term Assets | $640.0K | $643.0K | $798.0K |
| Total Assets | $4.496M | $4.455M | $4.697M |
| YoY Change | -4.28% | -3.38% | -17.81% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $66.00K | $28.00K | $28.00K |
| YoY Change | 135.71% | 12.0% | -92.37% |
| Accrued Expenses | $22.00K | $32.00K | $18.00K |
| YoY Change | 22.22% | 0.0% | -67.27% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $52.00K | ||
| YoY Change | 30.0% | ||
| Total Short-Term Liabilities | $96.00K | $60.00K | $178.0K |
| YoY Change | -46.07% | -63.41% | -61.47% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $115.0K | |
| YoY Change | -100.0% | -32.75% | |
| Other Long-Term Liabilities | $0.00 | ||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $115.0K |
| YoY Change | -100.0% | -100.0% | -96.09% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $96.00K | $60.00K | $178.0K |
| Total Long-Term Liabilities | $0.00 | $0.00 | $115.0K |
| Total Liabilities | $96.00K | $60.00K | $293.0K |
| YoY Change | -67.24% | -79.02% | -91.39% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$59.24M | ||
| YoY Change | |||
| Common Stock | $51.00K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $4.400M | $4.395M | $4.404M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $4.496M | $4.455M | $4.697M |
| YoY Change | -4.28% | -3.38% | -17.81% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
USD | |
| CY2021Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
USD | |
| CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5132000 | shares |
| CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Interest Expense
InterestExpense
|
USD | |
| CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
USD |
Files In Submission
| Name | View Source | Status |
|---|---|---|
| 0001010549-22-000144-index-headers.html | Edgar Link | pending |
| 0001010549-22-000144-index.html | Edgar Link | pending |
| 0001010549-22-000144.txt | Edgar Link | pending |
| 0001010549-22-000144-xbrl.zip | Edgar Link | pending |
| FilingSummary.xml | Edgar Link | unprocessable |
| Financial_Report.xlsx | Edgar Link | pending |
| gbr-20220512.xsd | Edgar Link | pending |
| gbr-20220512_cal.xml | Edgar Link | unprocessable |
| gbr-20220512_def.xml | Edgar Link | unprocessable |
| gbr-20220512_lab.xml | Edgar Link | unprocessable |
| gbr-20220512_pre.xml | Edgar Link | unprocessable |
| image_002.jpg | Edgar Link | pending |
| MetaLinks.json | Edgar Link | pending |
| newconcept8k.htm | Edgar Link | pending |
| newconcept8k_htm.xml | Edgar Link | completed |
| R1.htm | Edgar Link | pending |
| R2.htm | Edgar Link | pending |
| R3.htm | Edgar Link | pending |
| R4.htm | Edgar Link | pending |
| R5.htm | Edgar Link | pending |
| report.css | Edgar Link | pending |
| Show.js | Edgar Link | pending |
