2020 Q4 Form 10-Q Financial Statement
#000121390020037070 Filed on November 16, 2020
Income Statement
| Concept | 2020 Q4 | 2020 Q3 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Gross Profit | $0.00 | $0.00 |
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $452.5K | $336.9K |
| YoY Change | 44.06% | 140.87% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $4.170K | $4.160K |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $456.6K | $341.0K |
| YoY Change | 45.39% | 143.84% |
| Operating Profit | -$456.6K | -$341.0K |
| YoY Change | 45.39% | 143.84% |
| Interest Expense | -$860.4K | -$1.062M |
| YoY Change | -225.49% | 154.96% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $0.00 | -$20.00K |
| YoY Change | -100.0% | -86.77% |
| Pretax Income | -$1.362M | -$1.707M |
| YoY Change | -14.86% | 42.89% |
| Income Tax | $0.00 | |
| % Of Pretax Income | ||
| Net Earnings | -$1.362M | -$1.707M |
| YoY Change | 593.11% | -4.51% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$7.103K | -$9.380K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 191.1M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 Q4 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $94.70K | $124.4K |
| YoY Change | 3077.85% | 133.35% |
| Cash & Equivalents | $94.70K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $5.270K | $8.670K |
| YoY Change | -90.43% | -98.61% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $99.97K | $133.1K |
| YoY Change | 72.24% | -80.3% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $89.43K | $104.0K |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | $0.00 | |
| YoY Change | ||
| Long-Term Investments | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Other Assets | $4.000K | $4.000K |
| YoY Change | ||
| Total Long-Term Assets | $93.43K | $108.0K |
| YoY Change | -90.84% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $99.97K | $133.1K |
| Total Long-Term Assets | $93.43K | $108.0K |
| Total Assets | $193.4K | $241.0K |
| YoY Change | -82.06% | -64.32% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $461.6K | $409.8K |
| YoY Change | 46.76% | -54.47% |
| Accrued Expenses | $44.13K | $43.05K |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $931.3K | $620.8K |
| YoY Change | 106.48% | -75.63% |
| Long-Term Debt Due | $60.29K | $60.29K |
| YoY Change | ||
| Total Short-Term Liabilities | $4.464M | $3.273M |
| YoY Change | 167.11% | -36.8% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $152.7K | $151.3K |
| YoY Change | ||
| Other Long-Term Liabilities | $7.790K | $19.24K |
| YoY Change | ||
| Total Long-Term Liabilities | $160.5K | $170.6K |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $4.464M | $3.273M |
| Total Long-Term Liabilities | $160.5K | $170.6K |
| Total Liabilities | $4.624M | $3.443M |
| YoY Change | 176.71% | -33.51% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | $19.36K | $19.11K |
| YoY Change | 50.22% | 515.52% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | -$4.431M | -$3.202M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $193.4K | $241.0K |
| YoY Change | -82.06% | -64.32% |
Cashflow Statement
| Concept | 2020 Q4 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.362M | -$1.707M |
| YoY Change | 593.11% | -4.51% |
| Depreciation, Depletion And Amortization | $4.170K | $4.160K |
| YoY Change | ||
| Cash From Operating Activities | -$305.0K | -$677.3K |
| YoY Change | 21.45% | 835.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | $0.00 |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | -100.0% | |
| Cash From Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | -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 | 275.3K | 801.2K |
| YoY Change | -50.05% | 643.36% |
| NET CHANGE | ||
| Cash From Operating Activities | -305.0K | -677.3K |
| Cash From Investing Activities | 0.000 | 0.000 |
| Cash From Financing Activities | 275.3K | 801.2K |
| Net Change In Cash | -29.71K | 123.9K |
| YoY Change | -109.82% | 261.95% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$305.0K | -$677.3K |
| Capital Expenditures | $0.00 | $0.00 |
| Free Cash Flow | -$305.0K | -$677.3K |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
191121339 | shares |
| CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
12890 | USD |
| CY2020Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
19112 | USD |
| CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24977520 | shares |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
164604005 | shares | |
| CY2020Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
181960300 | shares |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
15933974 | shares | |
| CY2019Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.07 | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.02 | ||
| CY2020Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.01 | |
| us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.22 | ||
| CY2019Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
|
-0.02 | |
| us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
|
|||
| CY2020Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
|
||
| us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicShare
|
-0.07 | ||
| CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | |
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.02 | ||
| CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.01 | |
| us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.15 |
