2022 Q1 Form 10-Q Financial Statement
#000182912622011130 Filed on May 16, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | $13.43M | $42.70M |
YoY Change | -68.55% | |
Gross Profit | $10.79M | $63.40M |
YoY Change | -82.99% | |
Gross Profit Margin | ||
Selling, General & Admin | $684.6K | $3.600M |
YoY Change | -80.98% | |
% of Gross Profit | 6.35% | 5.68% |
Research & Development | $6.553M | $38.90M |
YoY Change | -83.15% | |
% of Gross Profit | 60.75% | 61.36% |
Depreciation & Amortization | $1.700M | $1.700M |
YoY Change | 0.0% | |
% of Gross Profit | 15.76% | 2.68% |
Operating Expenses | $258.4K | $56.78K |
YoY Change | 355.14% | 62988.89% |
Operating Profit | $3.276M | $63.34M |
YoY Change | -94.83% | |
Interest Expense | $990.00 | -$100.0K |
YoY Change | -100.99% | |
% of Operating Profit | 0.03% | -0.16% |
Other Income/Expense, Net | -$52.41K | |
YoY Change | ||
Pretax Income | -$309.9K | -$56.78K |
YoY Change | 445.7% | 62988.89% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$309.8K | -$56.78K |
YoY Change | 445.71% | 62987.78% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$41.55K | -$7.613K |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $29.07K | $2.830K |
YoY Change | 927.21% | |
Cash & Equivalents | $6.915M | |
Short-Term Investments | $10.00M | |
Other Short-Term Assets | $45.17K | $30.57K |
YoY Change | 47.76% | |
Inventory | $1.800M | |
Prepaid Expenses | ||
Receivables | $100.1M | |
Other Receivables | $10.30M | |
Total Short-Term Assets | $74.24K | $33.40K |
YoY Change | 122.28% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.500M | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $58.08M | |
YoY Change | ||
Other Assets | $500.0K | $30.00K |
YoY Change | 1566.67% | |
Total Long-Term Assets | $58.08M | $0.00 |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $74.24K | $33.40K |
Total Long-Term Assets | $58.08M | $0.00 |
Total Assets | $58.16M | $33.40K |
YoY Change | 174019.88% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $63.70M | |
YoY Change | ||
Accrued Expenses | $18.50K | $15.93K |
YoY Change | 16.13% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $50.00K |
YoY Change | -100.0% | |
Long-Term Debt Due | $500.0K | |
YoY Change | ||
Total Short-Term Liabilities | $394.3K | $104.9K |
YoY Change | 276.05% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $2.130M | |
YoY Change | ||
Total Long-Term Liabilities | $2.130M | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $394.3K | $104.9K |
Total Long-Term Liabilities | $2.130M | $0.00 |
Total Liabilities | $2.524M | $104.9K |
YoY Change | 2307.42% | |
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 | -$2.450M | -$71.45K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $58.16M | $33.40K |
YoY Change | 174019.88% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$309.8K | -$56.78K |
YoY Change | 445.71% | 62987.78% |
Depreciation, Depletion And Amortization | $1.700M | $1.700M |
YoY Change | 0.0% | |
Cash From Operating Activities | -$229.9K | -$42.33K |
YoY Change | 443.21% | 46933.33% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $706.00 | $0.00 |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$990.00 | |
YoY Change | ||
Cash From Investing Activities | -$990.00 | |
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 | 211.1K | 27.14K |
YoY Change | 677.63% | |
NET CHANGE | ||
Cash From Operating Activities | -229.9K | -42.33K |
Cash From Investing Activities | -990.0 | |
Cash From Financing Activities | 211.1K | 27.14K |
Net Change In Cash | -19.88K | $0.00 |
YoY Change | -100.0% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$229.9K | -$42.33K |
Capital Expenditures | $706.00 | $0.00 |
Free Cash Flow | -$230.6K | -$42.33K |
YoY Change | 444.88% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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CY2021Q1 | GPCO |
Change In Fair Value Of Warrant Liabilities
ChangeInFairValueOfWarrantLiabilities
|
USD | |
CY2021Q1 | us-gaap |
Dividend Income Operating
DividendIncomeOperating
|
USD | |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
USD | |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
USD | |
CY2021Q1 | GPCO |
Basic And Diluted Weighted Average Shares Outstanding Ordinary Shares Subject To Possible Redemption
BasicAndDilutedWeightedAverageSharesOutstandingOrdinarySharesSubjectToPossibleRedemption
|
shares | |
CY2021Q1 | GPCO |
Basic And Diluted Net Loss Per Share Ordinary Shares Subject To Possible Redemption
BasicAndDilutedNetLossPerShareOrdinarySharesSubjectToPossibleRedemption
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CY2021Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
USD | |
CY2021Q1 | GPCO |
Change In Fair Value Of Warrant Liabilities
ChangeInFairValueOfWarrantLiabilities
|
USD | |
CY2021Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
USD | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
CY2021Q1 | GPCO |
Accretion Of Carrying Value To Redemption Value
AccretionOfCarryingValueToRedemptionValue
|
USD | |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
USD | |
CY2021Q1 | GPCO |
Accretion Of Carrying Value To Redemption Values
AccretionOfCarryingValueToRedemptionValues
|
USD | |
CY2022Q1 | us-gaap |
Available For Sale Equity Securities Gross Unrealized Gain
AvailableForSaleEquitySecuritiesGrossUnrealizedGain
|
USD | |
CY2021 | us-gaap |
Available For Sale Equity Securities Gross Unrealized Gain
AvailableForSaleEquitySecuritiesGrossUnrealizedGain
|
USD |