2021 Q3 Form 10-Q Financial Statement
#000149315221028172 Filed on November 12, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $290.4K | $126.4K |
| YoY Change | 129.68% | -52.28% |
| Cost Of Revenue | $184.9K | $53.60K |
| YoY Change | 244.91% | -61.68% |
| Gross Profit | $105.5K | $72.83K |
| YoY Change | 44.87% | -41.77% |
| Gross Profit Margin | 36.34% | 57.6% |
| Selling, General & Admin | $436.3K | $240.4K |
| YoY Change | 81.5% | -22.41% |
| % of Gross Profit | 413.52% | 330.07% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $21.04K | $94.92K |
| YoY Change | -77.83% | -4.78% |
| % of Gross Profit | 19.94% | 130.33% |
| Operating Expenses | $457.4K | $335.3K |
| YoY Change | 36.39% | -18.12% |
| Operating Profit | -$351.8K | -$262.5K |
| YoY Change | 34.04% | -7.72% |
| Interest Expense | ||
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | $968.00 | |
| YoY Change | ||
| Pretax Income | -$350.9K | -$259.8K |
| YoY Change | 35.07% | -14.73% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$350.9K | -$259.8K |
| YoY Change | 35.07% | -14.73% |
| Net Earnings / Revenue | -120.83% | -205.47% |
| Basic Earnings Per Share | -$0.04 | |
| Diluted Earnings Per Share | -$35.34K | -$37.26K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 9.928M shares | |
| Diluted Shares Outstanding | 9.928M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.943M | $1.575M |
| YoY Change | 213.9% | 247.18% |
| Cash & Equivalents | $4.943M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $166.0K | $75.03K |
| YoY Change | 121.27% | -35.41% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $125.9K | $21.14K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $5.235M | $1.671M |
| YoY Change | 213.3% | 148.57% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $5.247M | $7.192M |
| YoY Change | -27.04% | -4.42% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $451.6K | $252.3K |
| YoY Change | 79.02% | |
| Other Assets | $3.170K | $3.670K |
| YoY Change | -13.62% | 15.77% |
| Total Long-Term Assets | $5.702M | $7.448M |
| YoY Change | -23.44% | -1.06% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.235M | $1.671M |
| Total Long-Term Assets | $5.702M | $7.448M |
| Total Assets | $10.94M | $9.119M |
| YoY Change | 19.94% | 11.21% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $44.39K | $62.54K |
| YoY Change | -29.02% | -61.15% |
| Accrued Expenses | $70.68K | $108.9K |
| YoY Change | -35.1% | 14.53% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $115.1K | $171.5K |
| YoY Change | -32.89% | -76.14% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $295.0K | $188.3K |
| YoY Change | 56.63% | -34.4% |
| Total Long-Term Liabilities | $295.0K | $188.3K |
| YoY Change | 56.63% | -34.4% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $115.1K | $171.5K |
| Total Long-Term Liabilities | $295.0K | $188.3K |
| Total Liabilities | $410.1K | $359.8K |
| YoY Change | 13.97% | -64.23% |
| 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 | $10.53M | $8.759M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.94M | $9.119M |
| YoY Change | 19.94% | 11.21% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$350.9K | -$259.8K |
| YoY Change | 35.07% | -14.73% |
| Depreciation, Depletion And Amortization | $21.04K | $94.92K |
| YoY Change | -77.83% | -4.78% |
| Cash From Operating Activities | -$121.1K | -$268.6K |
| YoY Change | -54.93% | 83.35% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $710.00 | -$738.9K |
| YoY Change | -100.1% | 24.48% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$55.21K | -$12.47K |
| YoY Change | 342.74% | |
| Cash From Investing Activities | -$54.50K | -$751.3K |
| YoY Change | -92.75% | 26.59% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 0.000 | -69.60K |
| YoY Change | -100.0% | -107.33% |
| NET CHANGE | ||
| Cash From Operating Activities | -121.1K | -268.6K |
| Cash From Investing Activities | -54.50K | -751.3K |
| Cash From Financing Activities | 0.000 | -69.60K |
| Net Change In Cash | -175.6K | -1.090M |
| YoY Change | -83.89% | -621.74% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$121.1K | -$268.6K |
| Capital Expenditures | $710.00 | -$738.9K |
| Free Cash Flow | -$121.8K | $470.2K |
| YoY Change | -125.9% | 5.19% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
USD | |
| CY2020Q3 | HUSA |
Rounding Of Common Stock Due To Reverse Split
RoundingOfCommonStockDueToReverseSplit
|
USD | |
| CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
286336 | USD |
| CY2021Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | |
| CY2020Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | |
| us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | ||
| CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
USD | |
| CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
USD | |
| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
| CY2021Q3 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
| us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | ||
| us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | ||
| us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | ||
| us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
USD | ||
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
|||
| us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
| us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| us-gaap |
Stock Issued1
StockIssued1
|
USD | ||
| CY2021Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | |
| us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | ||
| CY2020Q3 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
USD | |
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
shares | ||
| HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Grants In Period Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionGrantsInPeriodExercisePrice
|
|||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | ||
| HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Exercised In Period Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionExercisedInPeriodExercisePrice
|
|||
| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
shares | ||
| HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Forfeited Or Expired In Period Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionForfeitedOrExpiredInPeriodExercisePrice
|
|||
| CY2021Q3 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingAggregateIntrinsicValue
|
USD | |
| CY2021Q3 | HUSA |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableAggregateIntrinsicValue
|
USD |
