2021 Form 10-K Financial Statement
#000149315222010031 Filed on April 15, 2022
Income Statement
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
Revenue | $374.9K | $18.34K | $26.22K |
YoY Change | 1329.75% | 64.93% | -47.05% |
Cost Of Revenue | $37.69K | $6.600K | $16.33K |
YoY Change | 130.8% | 8.2% | -29.06% |
Gross Profit | $337.2K | $11.74K | $9.890K |
YoY Change | 3309.4% | 133.86% | -62.68% |
Gross Profit Margin | 89.95% | 64.01% | 37.72% |
Selling, General & Admin | $1.308M | $105.4K | $413.1K |
YoY Change | 216.73% | 3.83% | -8.22% |
% of Gross Profit | 387.99% | 897.87% | 4176.54% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.160K | $540.00 | $4.640K |
YoY Change | -53.45% | -99.41% | -98.98% |
% of Gross Profit | 0.64% | 4.6% | 46.92% |
Operating Expenses | $1.310M | $106.0K | $417.7K |
YoY Change | 213.72% | -45.06% | -53.87% |
Operating Profit | -$973.3K | -$94.21K | -$407.8K |
YoY Change | 138.65% | -49.84% | -53.6% |
Interest Expense | $1.254M | -$320.1K | -$558.1K |
YoY Change | -324.75% | 154.68% | 138.44% |
% of Operating Profit | |||
Other Income/Expense, Net | $57.38K | ||
YoY Change | |||
Pretax Income | $338.4K | -$414.3K | -$965.9K |
YoY Change | -135.04% | 32.16% | -14.58% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $338.4K | -$414.3K | -$965.9K |
YoY Change | -135.04% | 32.16% | -14.58% |
Net Earnings / Revenue | 90.27% | -2258.89% | -3683.79% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $3.269K | -$5.830K | -$16.26K |
COMMON SHARES | |||
Basic Shares Outstanding | 103.5M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.408M | $2.310K | $2.310K |
YoY Change | 104141.13% | 14.36% | 14.36% |
Cash & Equivalents | $2.408M | $2.305K | $2.310K |
Short-Term Investments | |||
Other Short-Term Assets | $9.330K | $8.130K | $8.130K |
YoY Change | 14.76% | -7.09% | -7.09% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.417M | $10.43K | $10.43K |
YoY Change | 23076.41% | -3.16% | -3.16% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.670K | $5.880K | $5.880K |
YoY Change | -3.57% | 13.51% | 13.51% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $310.1K | $5.880K | $5.880K |
YoY Change | 5173.81% | 13.51% | 13.51% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.417M | $10.43K | $10.43K |
Total Long-Term Assets | $310.1K | $5.880K | $5.880K |
Total Assets | $2.727M | $16.31K | $16.31K |
YoY Change | 16622.26% | 2.26% | 2.26% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $299.0K | $160.0K | $165.0K |
YoY Change | 81.24% | 20.07% | 23.81% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $6.630K | $2.160M | $2.160M |
YoY Change | -99.69% | 23.3% | 23.3% |
Long-Term Debt Due | $0.00 | $17.24K | $17.24K |
YoY Change | -100.0% | -82.8% | -82.8% |
Total Short-Term Liabilities | $305.7K | $3.646M | $3.646M |
YoY Change | -91.62% | 31.97% | 31.97% |
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 | $305.7K | $3.646M | $3.646M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $305.7K | $3.646M | $3.646M |
YoY Change | -91.62% | 31.97% | 31.97% |
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 | $2.422M | -$3.629M | -$3.629M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.727M | $16.31K | $16.31K |
YoY Change | 16622.26% | 2.26% | 2.26% |
Cashflow Statement
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $338.4K | -$414.3K | -$965.9K |
YoY Change | -135.04% | 32.16% | -14.58% |
Depreciation, Depletion And Amortization | $2.160K | $540.00 | $4.640K |
YoY Change | -53.45% | -99.41% | -98.98% |
Cash From Operating Activities | -$755.2K | -$85.56K | -$402.6K |
YoY Change | 87.6% | -4.31% | -6.97% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$380.4K | $0.00 | -$5.340K |
YoY Change | 7023.41% | 164.36% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $131.4K | ||
YoY Change | |||
Cash From Investing Activities | -$249.0K | $0.00 | -$5.340K |
YoY Change | 4562.92% | -1212.5% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.410M | 84.79K | 408.2K |
YoY Change | 735.4% | -5.07% | -3.23% |
NET CHANGE | |||
Cash From Operating Activities | -755.2K | -85.56K | -402.6K |
Cash From Investing Activities | -249.0K | 0.000 | -5.340K |
Cash From Financing Activities | 3.410M | 84.79K | 408.2K |
Net Change In Cash | 2.406M | -770.0 | 270.0 |
YoY Change | 890885.19% | 755.56% | -102.59% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$755.2K | -$85.56K | -$402.6K |
Capital Expenditures | -$380.4K | $0.00 | -$5.340K |
Free Cash Flow | -$374.8K | -$85.56K | -$397.2K |
YoY Change | -5.64% | -4.31% | -7.77% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
CY2020 | GMER |
Digital Assets
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USD | |
CY2021 | us-gaap |
Gain Loss On Disposition Of Assets1
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CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
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Gains Losses On Extinguishment Of Debt
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Gain Loss On Disposition Of Assets1
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Share Based Compensation
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CY2021 | dei |
Entity Well Known Seasoned Issuer
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No | |
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Entity Voluntary Filers
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Yes | |
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Other Assets Noncurrent
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Capitalized Computer Software Net
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Derivative Liabilities Current
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Convertible Debt Current
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Notes Payable Related Parties Classified Current
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Warrants And Rights Outstanding
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Gain Loss On Disposition Of Intangible Assets
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CY2021 | GMER |
Loss On Stock Conversion
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Gain Loss On Disposition Of Assets1
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Investment Income Interest
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Earnings Per Share Basic And Diluted
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Digital Assets
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Gains Losses On Extinguishment Of Debt
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|
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CY2020 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
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|
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CY2021 | GMER |
Writeoff Interest Payable
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Writeoff Interest Payable
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Payments To Acquire Intangible Assets
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Payments For Repurchase Of Preferred Stock And Preference Stock
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Payments For Repurchase Of Preferred Stock And Preference Stock
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Interest Paid Net
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Conversion Of Preferred Stock Clb To Common Stock
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Conversion Of Debt To Common Shares
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Conversion Of Debt To Preferred Stock Cle Shares
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Derivative Liabilities Current
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Fair Value Net Asset Liability
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Conversion Of Stock Amount Converted One
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