2022 Q1 Form 10-Q Financial Statement
#000156459022020146 Filed on May 13, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $4.534M | $595.0K |
YoY Change | 662.08% | |
% of Gross Profit | ||
Research & Development | $2.840M | $3.098M |
YoY Change | -8.32% | |
% of Gross Profit | ||
Depreciation & Amortization | $27.08K | $16.19K |
YoY Change | 67.2% | |
% of Gross Profit | ||
Operating Expenses | $7.374M | $3.693M |
YoY Change | 99.7% | |
Operating Profit | -$7.374M | -$3.008M |
YoY Change | 145.14% | |
Interest Expense | $848.00 | $743.7K |
YoY Change | -99.89% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$402.0K | -$94.24K |
YoY Change | 326.52% | |
Pretax Income | -$7.777M | -$3.846M |
YoY Change | 102.2% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$7.777M | -$3.846M |
YoY Change | 102.2% | -12.44% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | -$0.23 | |
Diluted Earnings Per Share | -$232.1K | -$442.7K |
COMMON SHARES | ||
Basic Shares Outstanding | 33.56M | |
Diluted Shares Outstanding | 33.50M |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $34.69M | |
YoY Change | ||
Cash & Equivalents | $34.70M | $810.3K |
Short-Term Investments | ||
Other Short-Term Assets | $788.4K | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $35.48M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $665.2K | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $665.2K | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $35.48M | |
Total Long-Term Assets | $665.2K | |
Total Assets | $36.14M | |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.727M | |
YoY Change | ||
Accrued Expenses | $2.653M | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $18.83M | |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $18.83M | |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $18.83M | |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$90.70M | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $17.31M | -$57.08M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $36.14M | |
YoY Change |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$7.777M | -$3.846M |
YoY Change | 102.2% | -12.44% |
Depreciation, Depletion And Amortization | $27.08K | $16.19K |
YoY Change | 67.2% | |
Cash From Operating Activities | -$4.196M | -$4.209M |
YoY Change | -0.29% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | $39.52K |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | $0.00 | -$39.52K |
YoY Change | -100.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 689.0 | 2.324M |
YoY Change | -99.97% | |
NET CHANGE | ||
Cash From Operating Activities | -4.196M | -4.209M |
Cash From Investing Activities | 0.000 | -39.52K |
Cash From Financing Activities | 689.0 | 2.324M |
Net Change In Cash | -4.200M | -1.881M |
YoY Change | 123.32% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$4.196M | -$4.209M |
Capital Expenditures | $0.00 | $39.52K |
Free Cash Flow | -$4.196M | -$4.248M |
YoY Change | -1.22% |
Facts In Submission
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---|---|---|---|---|
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General And Administrative Expense
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Interest Expense
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Net Income Loss
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Net Income Loss
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Earnings Per Share Basic And Diluted
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|
-0.23 | |
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Earnings Per Share Basic And Diluted
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|
-0.16 | |
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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|
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Stockholders Equity
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Net Income Loss
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Stock Issued During Period Value Stock Options Exercised
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Loss Contingency Disclosures
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<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(9) Contingencies </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company may currently be, or may become, a party to legal proceedings. While the Company currently believes that the ultimate outcome of any of these proceedings will not have a material adverse effect on its financial position, results of operations, or liquidity, litigation is subject to inherent uncertainty and consumes both cash and management attention. </p> |