$IMII
INCEPTION MINING INC.

2020 Q4 Form 10-K Financial Statement

#000149315222010072 Filed on April 15, 2022

View on sec.gov

Income Statement

Concept 2020 Q4 2020
Revenue $824.1K $4.144M
YoY Change -23.56% -16.37%
Cost Of Revenue $403.8K $2.826M
YoY Change -68.64% -22.69%
Gross Profit $420.4K $1.317M
YoY Change -300.56% 1.43%
Gross Profit Margin 51.01% 31.79%
Selling, General & Admin $284.7K $1.273M
YoY Change -11.89% -38.43%
% of Gross Profit 67.74% 96.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.37K $49.79K
YoY Change -76.82% -76.52%
% of Gross Profit 2.7% 3.78%
Operating Expenses $286.5K $1.281M
YoY Change -13.61% -39.1%
Operating Profit $133.8K $36.90K
YoY Change -124.72% -104.59%
Interest Expense $5.337M $2.344M
YoY Change 152.5% -116.92%
% of Operating Profit 3988.18% 6351.41%
Other Income/Expense, Net $1.510K $21.11K
YoY Change -97.66% -68.95%
Pretax Income $5.325M $2.342M
YoY Change 225.32% -115.61%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $5.324M $2.342M
YoY Change 225.37% -115.61%
Net Earnings / Revenue 646.07% 56.52%
Basic Earnings Per Share
Diluted Earnings Per Share $72.10K $4.347K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $152.5K $152.5K
YoY Change 217.75% 217.75%
Cash & Equivalents $34.36K $34.36K
Short-Term Investments $118.2K $118.2K
Other Short-Term Assets $22.28K $22.28K
YoY Change 87.86% 87.86%
Inventory $736.8K $736.8K
Prepaid Expenses
Receivables $11.87K $11.87K
Other Receivables $0.00 $0.00
Total Short-Term Assets $923.4K $923.4K
YoY Change -1.29% -1.29%
LONG-TERM ASSETS
Property, Plant & Equipment $413.8K $413.8K
YoY Change -6.66% -6.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $163.1K $163.1K
YoY Change 343.21% 343.21%
Total Long-Term Assets $576.9K $576.9K
YoY Change 20.15% 20.15%
TOTAL ASSETS
Total Short-Term Assets $923.4K $923.4K
Total Long-Term Assets $576.9K $576.9K
Total Assets $1.500M $1.500M
YoY Change 5.98% 5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $719.1K $719.1K
YoY Change -4.19% -4.19%
Accrued Expenses $10.78M $10.78M
YoY Change 24.63% 24.63%
Deferred Revenue
YoY Change
Short-Term Debt $7.255M $7.255M
YoY Change 0.87% 0.87%
Long-Term Debt Due $2.177M $2.177M
YoY Change 511.46% 511.46%
Total Short-Term Liabilities $28.99M $28.99M
YoY Change -8.18% -8.18%
LONG-TERM LIABILITIES
Long-Term Debt $1.378M $1.378M
YoY Change -12.06% -12.06%
Other Long-Term Liabilities $602.3K $602.3K
YoY Change 17.4% 17.4%
Total Long-Term Liabilities $1.980M $1.980M
YoY Change -4.79% -4.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.99M $28.99M
Total Long-Term Liabilities $1.980M $1.980M
Total Liabilities $30.96M $30.96M
YoY Change -7.98% -7.98%
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 -$29.46M -$29.46M
YoY Change
Total Liabilities & Shareholders Equity $1.500M $1.500M
YoY Change 5.98% 5.98%

Cashflow Statement

Concept 2020 Q4 2020
OPERATING ACTIVITIES
Net Income $5.324M $2.342M
YoY Change 225.37% -115.61%
Depreciation, Depletion And Amortization $11.37K $49.79K
YoY Change -76.82% -76.52%
Cash From Operating Activities $48.22K -$19.81K
YoY Change -83.83% -95.39%
INVESTING ACTIVITIES
Capital Expenditures $37.10K -$11.82K
YoY Change -2256.98% 587.21%
Acquisitions
YoY Change
Other Investing Activities $162.2K $832.0K
YoY Change
Cash From Investing Activities $199.3K $820.2K
YoY Change -11688.37% -47783.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -363.6K -814.4K
YoY Change -20.6% -289.85%
NET CHANGE
Cash From Operating Activities 48.22K -19.81K
Cash From Investing Activities 199.3K 820.2K
Cash From Financing Activities -363.6K -814.4K
Net Change In Cash -116.1K -14.06K
YoY Change -28.13% 442.86%
FREE CASH FLOW
Cash From Operating Activities $48.22K -$19.81K
Capital Expenditures $37.10K -$11.82K
Free Cash Flow $11.12K -$7.990K
YoY Change -96.29% -98.13%

Facts In Submission

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