2021 Form 10-K Financial Statement
#000190359622000192 Filed on April 14, 2022
Income Statement
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| Revenue | $1.943M | $83.32K | $339.0K |
| YoY Change | 473.04% | 162.84% | -5.82% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $1.615M | $82.44K | $381.1K |
| YoY Change | 323.85% | -77.4% | -90.71% |
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $325.4K | $29.68K | $121.3K |
| YoY Change | 168.26% | -21.11% | -44.12% |
| % of Gross Profit | |||
| Operating Expenses | $1.940M | $112.1K | $502.3K |
| YoY Change | 286.29% | -40.63% | -88.36% |
| Operating Profit | $2.105K | ||
| YoY Change | |||
| Interest Expense | -$1.303M | $14.96M | -$8.710M |
| YoY Change | -85.04% | -318.78% | 19.13% |
| % of Operating Profit | -61909.26% | ||
| Other Income/Expense, Net | -$580.8K | $1.180K | -$94.69K |
| YoY Change | 513.34% | -100.07% | -94.29% |
| Pretax Income | -$1.854M | $14.62M | $3.085M |
| YoY Change | -160.11% | -248.41% | -120.62% |
| Income Tax | -$280.9K | ||
| % Of Pretax Income | |||
| Net Earnings | -$1.543M | $14.62M | $3.085M |
| YoY Change | -150.01% | -248.41% | -120.62% |
| Net Earnings / Revenue | -79.43% | 17544.18% | 910.03% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$571.10 | $3.965K | $1.508K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $48.82K | $781.0K | $781.0K |
| YoY Change | -93.75% | 26106.38% | 26106.38% |
| Cash & Equivalents | $90.50K | ||
| Short-Term Investments | $0.00 | $690.5K | $690.5K |
| Other Short-Term Assets | $46.97K | $151.1K | $151.1K |
| YoY Change | -68.92% | 3.07% | 3.07% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $176.0K | $3.080K | $3.080K |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $271.8K | $935.2K | $935.2K |
| YoY Change | -70.94% | 266.09% | 266.09% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.666M | $2.882M | $2.882M |
| YoY Change | 61.91% | -2.32% | -2.32% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $5.120K | $5.090K | $5.090K |
| YoY Change | 0.59% | 2.41% | 2.41% |
| Total Long-Term Assets | $6.283M | $2.887M | $2.887M |
| YoY Change | 117.59% | -2.31% | -2.31% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $271.8K | $935.2K | $935.2K |
| Total Long-Term Assets | $6.283M | $2.887M | $2.887M |
| Total Assets | $6.554M | $3.822M | $3.822M |
| YoY Change | 71.47% | 19.04% | 19.04% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $438.5K | $830.0K | $833.6K |
| YoY Change | -47.4% | -18.8% | -18.45% |
| Accrued Expenses | $241.1K | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $7.528M | $7.127M | $7.127M |
| YoY Change | 5.63% | -10.37% | -10.37% |
| Long-Term Debt Due | $4.029M | $272.5K | $272.5K |
| YoY Change | 1378.61% | 138.42% | 138.42% |
| Total Short-Term Liabilities | $13.52M | $13.86M | $13.86M |
| YoY Change | -2.51% | -25.36% | -25.36% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $726.4K | $4.584M | $4.584M |
| YoY Change | -84.15% | -1.55% | -1.55% |
| Other Long-Term Liabilities | $1.493M | ||
| YoY Change | |||
| Total Long-Term Liabilities | $2.220M | $4.584M | $4.584M |
| YoY Change | -51.57% | -1.55% | -1.55% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $13.52M | $13.86M | $13.86M |
| Total Long-Term Liabilities | $2.220M | $4.584M | $4.584M |
| Total Liabilities | $16.83M | $19.15M | $19.15M |
| YoY Change | -12.09% | -17.58% | -17.58% |
| 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 | -$10.28M | -$15.33M | -$15.33M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $6.554M | $3.822M | $3.822M |
| YoY Change | 71.47% | 19.04% | 19.04% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | grst |
Repayment Of Finance Leases
RepaymentOfFinanceLeases
|
USD | |
| CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
| CY2021 | grst |
Movement In Bad Debt Reserve
MovementInBadDebtReserve
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
USD | |
| CY2021 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
USD | |
| CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
USD | |
| CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2020Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
USD | |
| CY2020 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
USD | |
| CY2020 | grst |
Forgiveness Of Government Relief Loan
ForgivenessOfGovernmentReliefLoan
|
USD | |
| CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
USD | |
| CY2020 | grst |
Loss On Advance
LossOnAdvance
|
USD | |
| CY2021 | grst |
Warrant Exercise
WarrantExercise
|
USD | |
| CY2020 | grst |
Fair Value Of Warrants Granted To Convertible Debt Holder
FairValueOfWarrantsGrantedToConvertibleDebtHolder
|
USD | |
| CY2020 | grst |
Penalty On Convertible Note
PenaltyOnConvertibleNote
|
USD | |
| CY2021 | us-gaap |
Interest Income Other
InterestIncomeOther
|
USD | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | |
| CY2020 | grst |
Cancelation Of Shares
CancelationOfShares
|
USD | |
| CY2021 | grst |
Warrants Exercised
WarrantsExercised
|
USD | |
| CY2020 | grst |
Fair Value Of Warrants Granted To Convertible Debt Holders1
FairValueOfWarrantsGrantedToConvertibleDebtHolders1
|
USD | |
| CY2021 | us-gaap |
Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
|
USD | |
| CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
USD | |
| CY2020 | grst |
Forgiveness Of Federal Relief Loan
ForgivenessOfFederalReliefLoan
|
USD | |
| CY2021 | grst |
Stock Based Compensation For Services
StockBasedCompensationForServices
|
USD | |
| CY2021 | grst |
Noncash Interest Income
NoncashInterestIncome
|
USD | |
| CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | |
| CY2020 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
USD | |
| CY2020 | grst |
Deferred Taxation Movement
DeferredTaxationMovement
|
USD | |
| CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
USD | |
| CY2020 | grst |
Acquisition Of Subsidiary Net Of Cash Of60324
AcquisitionOfSubsidiaryNetOfCashOf60324
|
USD | |
| CY2021 | grst |
Deposit Refunded
DepositRefunded
|
USD | |
| CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
| CY2021 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
USD | |
| CY2020 | us-gaap |
Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
|
USD | |
| CY2020 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
USD | |
| CY2020 | grst |
Proceeds From Finance Leases
ProceedsFromFinanceLeases
|
USD | |
| CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
| CY2020 | grst |
Fair Value Of Warrant Issued
FairValueOfWarrantIssued
|
USD | |
| CY2020 | grst |
Shares Issued In Consideration Of Acquisition
SharesIssuedInConsiderationOfAcquisition
|
USD | |
| CY2021 | grst |
Conversion Of Related Party Payable To Common Stock
ConversionOfRelatedPartyPayableToCommonStock
|
USD | |
| CY2021 | grst |
Conversion Of Related Party Payable To Series Preferred Stock
ConversionOfRelatedPartyPayableToSeriesPreferredStock
|
USD | |
| CY2021 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
USD | |
| CY2020 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
USD | |
| CY2020Q4 | grst |
Rightofuse Assets Finance Leases Net Of Depreciation Included In Property And Equipment
RightofuseAssetsFinanceLeasesNetOfDepreciationIncludedInPropertyAndEquipment
|
USD | |
| CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
USD | |
| CY2020 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
USD | |
| CY2020 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
USD | |
| CY2020 | grst |
Finance Lease Cost
FinanceLeaseCost
|
USD | |
| CY2020 | grst |
Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
|
USD | |
| CY2020 | grst |
Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
|
USD | |
| CY2021Q4 | us-gaap |
Income Tax Examination Penalties Accrued
IncomeTaxExaminationPenaltiesAccrued
|
USD | |
| CY2021 | grst |
Derivative Liability Marktomarket On Convertible Debt Extinguishment
DerivativeLiabilityMarktomarketOnConvertibleDebtExtinguishment
|
USD | |
| CY2021 | grst |
Derivative Liability On Revised Convertible Notes And Warrants Arising From Convertible Debt Extinguishment
DerivativeLiabilityOnRevisedConvertibleNotesAndWarrantsArisingFromConvertibleDebtExtinguishment
|
USD | |
| CY2021 | grst |
Derivative Liability Cancelled On Debt Extinguishment
DerivativeLiabilityCancelledOnDebtExtinguishment
|
USD | |
| CY2020 | grst |
Marktomarket Adjustments On Converted Notes
MarktomarketAdjustmentsOnConvertedNotes
|
USD | |
| CY2021 | grst |
Warrants
Warrants
|
USD | |
| CY2020 | grst |
Prior Year Over Provision
PriorYearOverProvision
|
USD | |
| CY2020 | grst |
Net Operating Loss Utilized
NetOperatingLossUtilized
|
USD | |
| CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
USD | |
| CY2021Q4 | grst |
Prior Year Adjustment To Opening Balances
PriorYearAdjustmentToOpeningBalances
|
USD | |
| CY2020Q4 | grst |
Net Operating Loss Utilizeds
NetOperatingLossUtilizeds
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD |
