2021 Q3 Form 10-Q Financial Statement
#000166357721000616 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $16.52M | $13.29M |
| YoY Change | 24.26% | 218.55% |
| Cost Of Revenue | $15.68M | $13.16M |
| YoY Change | 19.13% | 234.9% |
| Gross Profit | $841.1K | $133.0K |
| YoY Change | 532.32% | -45.36% |
| Gross Profit Margin | 5.09% | 1.0% |
| Selling, General & Admin | $957.2K | $958.8K |
| YoY Change | -0.17% | 94.57% |
| % of Gross Profit | 113.81% | 720.84% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $24.50K | $18.18K |
| YoY Change | 34.76% | 152.85% |
| % of Gross Profit | 2.91% | 13.67% |
| Operating Expenses | $957.2K | $958.8K |
| YoY Change | -0.17% | 94.57% |
| Operating Profit | -$116.1K | -$825.8K |
| YoY Change | -85.94% | 231.14% |
| Interest Expense | -$6.800K | $182.7K |
| YoY Change | -103.72% | -105.6% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $11.73K | $4.350K |
| YoY Change | 169.66% | -184.47% |
| Pretax Income | -$111.2K | -$970.2K |
| YoY Change | -88.54% | -72.42% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$199.0K | -$944.0K |
| YoY Change | -78.92% | -73.28% |
| Net Earnings / Revenue | -1.2% | -7.1% |
| Basic Earnings Per Share | $0.00 | |
| Diluted Earnings Per Share | -$1.404K | -$12.92K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 141.7M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.191M | $647.3K |
| YoY Change | 83.96% | 207.86% |
| Cash & Equivalents | $1.191M | $647.3K |
| Short-Term Investments | ||
| Other Short-Term Assets | $182.2K | $7.820K |
| YoY Change | 2229.28% | -52.35% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $3.408M | $1.962M |
| Other Receivables | $421.6K | $351.9K |
| Total Short-Term Assets | $5.202M | $2.969M |
| YoY Change | 75.24% | -13.34% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $352.7K | $354.5K |
| YoY Change | -0.49% | 31.1% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $435.9K | $441.5K |
| YoY Change | -1.27% | 8.02% |
| Total Long-Term Assets | $2.376M | $2.356M |
| YoY Change | 0.87% | 10.33% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.202M | $2.969M |
| Total Long-Term Assets | $2.376M | $2.356M |
| Total Assets | $7.578M | $5.324M |
| YoY Change | 42.34% | -4.26% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.425M | $1.803M |
| YoY Change | 34.49% | -10.41% |
| Accrued Expenses | $282.5K | |
| YoY Change | -34.9% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $1.197M | $4.624M |
| YoY Change | -74.12% | 64.49% |
| Total Short-Term Liabilities | $3.916M | $7.941M |
| YoY Change | -50.68% | -26.85% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $126.0K | $271.6K |
| YoY Change | -53.59% | 46.13% |
| Other Long-Term Liabilities | $152.8K | $155.1K |
| YoY Change | -1.5% | 4.86% |
| Total Long-Term Liabilities | $278.8K | $426.6K |
| YoY Change | -34.66% | 27.84% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.916M | $7.941M |
| Total Long-Term Liabilities | $278.8K | $426.6K |
| Total Liabilities | $3.232M | $7.568M |
| YoY Change | -57.29% | -26.59% |
| 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 | $4.347M | -$2.243M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $7.578M | $5.324M |
| YoY Change | 42.34% | -4.26% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$199.0K | -$944.0K |
| YoY Change | -78.92% | -73.28% |
| Depreciation, Depletion And Amortization | $24.50K | $18.18K |
| YoY Change | 34.76% | 152.85% |
| Cash From Operating Activities | -$392.7K | -$400.2K |
| YoY Change | -1.89% | -39.67% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$33.78K | -$19.48K |
| YoY Change | 73.41% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$191.4K | -$62.40K |
| YoY Change | 206.78% | -129.02% |
| Cash From Investing Activities | -$225.2K | -$81.87K |
| YoY Change | 175.08% | -138.08% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -39.54K | 342.1K |
| YoY Change | -111.56% | -41.45% |
| NET CHANGE | ||
| Cash From Operating Activities | -392.7K | -400.2K |
| Cash From Investing Activities | -225.2K | -81.87K |
| Cash From Financing Activities | -39.54K | 342.1K |
| Net Change In Cash | -657.4K | -139.9K |
| YoY Change | 369.77% | -202.87% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$392.7K | -$400.2K |
| Capital Expenditures | -$33.78K | -$19.48K |
| Free Cash Flow | -$358.9K | -$380.7K |
| YoY Change | -5.74% | -42.6% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q3 | us-gaap |
Convertible Subordinated Debt Current
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|
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| CY2020Q4 | us-gaap |
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Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss1
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Acquisition Of Iot Labs
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Long Term Loans Payable
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