$GSTX
Graphene & Solar Technologies Ltd

2021 Form 10-K Financial Statement

#000157570522000382 Filed on May 24, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q3 2020
Revenue $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $34.64M $182.6K $1.046M
YoY Change 3211.96% -37.84% -8.91%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $114.7K $4.320K $16.32K
YoY Change 603.0% -21.45% -3.32%
% of Gross Profit
Operating Expenses $34.68M $182.6K $1.046M
YoY Change 3215.78% -37.84% -8.91%
Operating Profit -$34.68M
YoY Change
Interest Expense -$151.2K -$1.050K -$36.84K
YoY Change 310.42% -400.0% -52.16%
% of Operating Profit
Other Income/Expense, Net $15.70K $2.150K $8.150K
YoY Change 92.64% 50.35% 28.75%
Pretax Income -$34.81M -$210.1K -$1.103M
YoY Change 3055.93% -28.05% -11.5%
Income Tax
% Of Pretax Income
Net Earnings -$34.81M -$210.1K -$1.103M
YoY Change 3055.93% -28.05% -11.5%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$135.2K -$853.30 -$4.523K
COMMON SHARES
Basic Shares Outstanding 242.8M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 2020 Q3 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.730K $10.00 $10.00
YoY Change 37200.0% -99.99% -99.99%
Cash & Equivalents $12.00
Short-Term Investments
Other Short-Term Assets $18.80K $0.00 $0.00
YoY Change -100.0% -100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $22.53K $10.00 $10.00
YoY Change 225200.0% -99.99% -99.99%
LONG-TERM ASSETS
Property, Plant & Equipment $2.250K $12.26K $12.26K
YoY Change -81.65% -56.01% -56.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets $6.781M $12.26K $12.26K
YoY Change 55207.01% -78.22% -78.22%
TOTAL ASSETS
Total Short-Term Assets $22.53K $10.00 $10.00
Total Long-Term Assets $6.781M $12.26K $12.26K
Total Assets $6.803M $12.27K $12.27K
YoY Change 55345.56% -91.68% -91.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.198M $653.5K $653.5K
YoY Change 236.34% 62.31% 62.31%
Accrued Expenses $154.4K $132.1K $132.1K
YoY Change 16.89% 19.29% 19.29%
Deferred Revenue
YoY Change
Short-Term Debt $239.4K $181.9K $181.9K
YoY Change 31.62% 13.16% 13.16%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.540M $1.685M $1.685M
YoY Change 110.12% 49.12% 49.12%
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 $3.540M $1.685M $1.685M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $3.540M $1.685M $1.685M
YoY Change 110.12% 49.12% 49.12%
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 $3.264M -$1.672M -$1.672M
YoY Change
Total Liabilities & Shareholders Equity $6.803M $12.27K $12.27K
YoY Change 55345.56% -91.68% -91.68%

Cashflow Statement

Concept 2021 2020 Q3 2020
OPERATING ACTIVITIES
Net Income -$34.81M -$210.1K -$1.103M
YoY Change 3055.93% -28.05% -11.5%
Depreciation, Depletion And Amortization $114.7K $4.320K $16.32K
YoY Change 603.0% -21.45% -3.32%
Cash From Operating Activities -$320.1K $21.65K -$192.1K
YoY Change 66.63% -90.79% -68.02%
INVESTING ACTIVITIES
Capital Expenditures -$2.860K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$2.860K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 271.1K 12.79K 167.5K
YoY Change 61.87% -108.97% -75.05%
NET CHANGE
Cash From Operating Activities -320.1K 21.65K -192.1K
Cash From Investing Activities -2.860K
Cash From Financing Activities 271.1K 12.79K 167.5K
Net Change In Cash -51.89K 34.44K $0.00
YoY Change -62.7% -100.0%
FREE CASH FLOW
Cash From Operating Activities -$320.1K $21.65K -$192.1K
Capital Expenditures -$2.860K
Free Cash Flow -$317.3K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
USD
CY2020Q3 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
USD
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
USD
CY2020 gstx Terminal Balance Of Derivative Liability
TerminalBalanceOfDerivativeLiability
USD
CY2020 gstx Amortization Expenses
AmortizationExpenses
USD
CY2020 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
USD
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
USD
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
USD
CY2021 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
USD
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
USD
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
USD
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2020 gstx Acquisition Of Patents
AcquisitionOfPatents
USD
CY2020 gstx Note Payable Converted Into Common Stock
NotePayableConvertedIntoCommonStock
USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
USD
CY2021Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
USD
CY2020Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
USD

Files In Submission

Name View Source Status
0001575705-22-000382-index-headers.html Edgar Link pending
0001575705-22-000382-index.html Edgar Link pending
0001575705-22-000382.txt Edgar Link pending
0001575705-22-000382-xbrl.zip Edgar Link pending
ex31_1.htm Edgar Link pending
ex32_1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gstx-20210930.xsd Edgar Link pending
gstx-20210930_cal.xml Edgar Link unprocessable
gstx-20210930_def.xml Edgar Link unprocessable
gstx-20210930_lab.xml Edgar Link unprocessable
gstx-20210930_pre.xml Edgar Link unprocessable
gstx_10k.htm Edgar Link pending
gstx_10k_htm.xml Edgar Link completed
image_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending