2022 Q3 Form 10-Q Financial Statement
#000149315222022956 Filed on August 15, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | ||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $659.6K | $140.1K | $328.4K |
YoY Change | 214.7% | -28.87% | 2.62% |
% of Gross Profit | |||
Research & Development | $1.723M | $633.3K | $1.661M |
YoY Change | 162.29% | 13.78% | 493.15% |
% of Gross Profit | |||
Depreciation & Amortization | $900.00 | $910.00 | $900.00 |
YoY Change | 0.0% | -49.72% | |
% of Gross Profit | |||
Operating Expenses | $2.383M | $773.3K | $1.989M |
YoY Change | 174.96% | 2.64% | 231.53% |
Operating Profit | -$2.383M | -$773.3K | -$1.989M |
YoY Change | 174.96% | 2.64% | |
Interest Expense | $64.04K | $27.23K | $19.58K |
YoY Change | 1693.84% | 635.95% | |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$2.319M | -$746.1K | -$1.970M |
YoY Change | 168.68% | -0.49% | 228.27% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.319M | -$746.1K | -$1.970M |
YoY Change | 168.68% | -0.49% | 229.92% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.18 | -$0.06 | -$0.15 |
Diluted Earnings Per Share | -$180.8K | -$57.73K | -$150.8K |
COMMON SHARES | |||
Basic Shares Outstanding | 12.82M shares | ||
Diluted Shares Outstanding | 12.82M shares | 12.92M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $15.64M | $17.19M | $19.74M |
YoY Change | -45.9% | -42.32% | -35.06% |
Cash & Equivalents | $15.64M | $17.19M | $19.74M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $15.64M | $17.19M | $19.74M |
YoY Change | -45.9% | -42.32% | -35.06% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $9.903K | $10.81K | $11.71K |
YoY Change | -26.75% | -25.04% | -41.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $15.64M | $17.19M | $19.74M |
Total Long-Term Assets | $9.903K | $10.81K | $11.71K |
Total Assets | $15.65M | $17.20M | $19.75M |
YoY Change | -45.89% | -42.32% | -35.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $220.9K | $220.9K | $220.9K |
YoY Change | -25.35% | -64.81% | -63.8% |
Accrued Expenses | $17.03K | $8.290K | $20.32K |
YoY Change | -89.31% | -66.87% | -66.13% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $237.9K | $229.1K | $241.2K |
YoY Change | -47.73% | -64.89% | -64.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $237.9K | $229.1K | $241.2K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $237.9K | $229.1K | $241.2K |
YoY Change | -47.73% | -64.89% | -64.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$38.68M | -$36.36M | |
YoY Change | |||
Common Stock | $54.09M | $53.33M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.41M | $16.97M | $19.51M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $15.65M | $17.20M | $19.75M |
YoY Change | -45.89% | -42.32% | -35.06% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.319M | -$746.1K | -$1.970M |
YoY Change | 168.68% | -0.49% | 229.92% |
Depreciation, Depletion And Amortization | $900.00 | $910.00 | $900.00 |
YoY Change | 0.0% | -49.72% | |
Cash From Operating Activities | -$1.550M | -$532.7K | -$1.947M |
YoY Change | 73.23% | -11.6% | 267.45% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | -2.023M | -5.514M |
YoY Change | -71065.26% | -342.89% | |
NET CHANGE | |||
Cash From Operating Activities | -1.550M | -532.7K | -1.947M |
Cash From Investing Activities | |||
Cash From Financing Activities | 0.000 | -2.023M | -5.514M |
Net Change In Cash | -1.550M | -2.555M | -7.461M |
YoY Change | 73.23% | 326.05% | -528.8% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.550M | -$532.7K | -$1.947M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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|
12789326 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | ||
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
8289 | usd |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
164327 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
220845 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
220845 | usd |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
819825 | shares | |
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
519828 | shares |
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
7536216 | usd |
CY2022Q2 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
25873 | usd |
CY2022Q2 | GLSI |
Closing Share Price
ClosingSharePrice
|
8.47 | |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
20174 | shares |
GLSI |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInValue
|
9512356 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
59452 | usd | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
9452904 | usd |