2021 Q4 Form 10-K Financial Statement
#000121390022019955 Filed on April 15, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| Revenue | $18.08K | $96.48K | $222.7K |
| YoY Change | -89.38% | -56.68% | 36.06% |
| Cost Of Revenue | $6.250K | $30.32K | $118.5K |
| YoY Change | -93.48% | -74.42% | 41.82% |
| Gross Profit | $11.83K | $66.16K | $104.2K |
| YoY Change | -84.13% | -36.49% | 30.05% |
| Gross Profit Margin | 65.43% | 68.57% | 46.78% |
| Selling, General & Admin | $33.89K | $229.0K | $383.0K |
| YoY Change | -64.81% | -40.2% | -38.06% |
| % of Gross Profit | 286.48% | 346.13% | 367.63% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | |||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $33.88K | $229.0K | $382.9K |
| YoY Change | -64.82% | -40.2% | -38.06% |
| Operating Profit | -$22.05K | -$162.8K | -$278.8K |
| YoY Change | 1.29% | -41.59% | -48.19% |
| Interest Expense | |||
| YoY Change | |||
| % of Operating Profit | |||
| Other Income/Expense, Net | -$30.00 | -$180.00 | -$60.00 |
| YoY Change | -103.33% | 200.0% | -96.83% |
| Pretax Income | -$22.08K | -$163.0K | -$753.1K |
| YoY Change | -95.54% | -78.35% | 39.47% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$22.08K | -$163.0K | -$548.4K |
| YoY Change | -92.68% | -70.27% | 12.29% |
| Net Earnings / Revenue | -122.12% | -168.97% | -246.25% |
| Basic Earnings Per Share | $0.00 | ||
| Diluted Earnings Per Share | -$21.39 | -$157.90 | -$531.20 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 1.032B shares | ||
| Diluted Shares Outstanding | 1.032B shares |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $4.320K | $5.490K | |
| YoY Change | -21.31% | -94.25% | |
| Cash & Equivalents | $4.323K | $4.320K | $5.490K |
| Short-Term Investments | |||
| Other Short-Term Assets | $3.450K | $3.310K | |
| YoY Change | 4.23% | -93.15% | |
| Inventory | $0.00 | $0.00 | |
| Prepaid Expenses | |||
| Receivables | $0.00 | $1.320K | |
| Other Receivables | $29.61K | $29.61K | $49.86K |
| Total Short-Term Assets | $37.38K | $37.38K | $59.98K |
| YoY Change | -37.68% | -37.68% | -90.76% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $56.17K | $134.3K | |
| YoY Change | -58.18% | -33.83% | |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $56.17K | $56.17K | $134.3K |
| YoY Change | -58.18% | -58.18% | -33.83% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $37.38K | $37.38K | $59.98K |
| Total Long-Term Assets | $56.17K | $56.17K | $134.3K |
| Total Assets | $93.55K | $93.55K | $194.3K |
| YoY Change | -51.85% | -51.85% | -77.21% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $17.36K | $17.36K | $17.87K |
| YoY Change | -2.88% | -2.85% | -77.86% |
| Accrued Expenses | $283.9K | $224.4K | $199.3K |
| YoY Change | 42.44% | 12.6% | 223.05% |
| Deferred Revenue | $471.8K | ||
| YoY Change | 2.66% | ||
| Short-Term Debt | $0.00 | $0.00 | |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $1.903M | $1.903M | $1.762M |
| YoY Change | 8.02% | 8.02% | 21.71% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | |
| YoY Change | |||
| Other Long-Term Liabilities | $0.00 | $56.57K | |
| YoY Change | -100.0% | -67.23% | |
| Total Long-Term Liabilities | $0.00 | $56.57K | |
| YoY Change | -100.0% | -67.23% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.903M | $1.903M | $1.762M |
| Total Long-Term Liabilities | $0.00 | $56.57K | |
| Total Liabilities | $1.903M | $1.709M | $1.590M |
| YoY Change | 19.72% | 7.48% | 1.38% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$19.62M | ||
| YoY Change | 0.84% | ||
| Common Stock | $1.032M | ||
| YoY Change | 0.0% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$1.615M | -$1.615M | -$1.396M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $93.55K | $93.55K | $194.3K |
| YoY Change | -51.85% | -51.85% | -77.21% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Gross
InventoryGross
|
USD | |
| CY2020Q4 | us-gaap |
Inventory Gross
InventoryGross
|
USD | |
| CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2021 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001086303 | |
| CY2021Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
USD |
