2022 Q4 Form 10-Q Financial Statement
#000114036122040029 Filed on November 04, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $39.85M | $0.00 | $489.0K |
YoY Change | -100.0% | ||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.054M | $1.703M | $1.595M |
YoY Change | 45.26% | 6.77% | 17.28% |
% of Gross Profit | |||
Research & Development | $3.586M | $2.835M | $0.00 |
YoY Change | -24.28% | -100.0% | |
% of Gross Profit | |||
Depreciation & Amortization | $1.000K | $1.000K | $1.000K |
YoY Change | 0.0% | 0.0% | 0.0% |
% of Gross Profit | |||
Operating Expenses | $5.640M | $4.538M | $0.00 |
YoY Change | -8.29% | -100.0% | |
Operating Profit | -$4.538M | -$4.232M | |
YoY Change | 7.23% | 181.03% | |
Interest Expense | $46.00K | $0.00 | $0.00 |
YoY Change | -2400.0% | -100.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $7.000K | $2.000K |
YoY Change | -100.0% | 250.0% | -98.05% |
Pretax Income | $34.26M | -$4.531M | -$4.230M |
YoY Change | -642.63% | 7.12% | 201.39% |
Income Tax | $315.0K | $0.00 | $0.00 |
% Of Pretax Income | 0.92% | ||
Net Earnings | $33.94M | -$4.531M | -$4.230M |
YoY Change | -637.64% | 7.12% | 238.94% |
Net Earnings / Revenue | 85.17% | -865.03% | |
Basic Earnings Per Share | -$0.22 | -$0.25 | |
Diluted Earnings Per Share | $1.58 | -$0.22 | -$249.9K |
COMMON SHARES | |||
Basic Shares Outstanding | 20.81M | 20.58M | 16.93M |
Diluted Shares Outstanding | 20.50M | 16.93M |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $42.68M | $13.96M | $22.63M |
YoY Change | 72.44% | -38.34% | 180.11% |
Cash & Equivalents | $42.60M | $13.86M | $22.25M |
Short-Term Investments | $49.00K | $101.0K | $383.0K |
Other Short-Term Assets | $80.00K | $61.00K | $46.00K |
YoY Change | 12.68% | 32.61% | -91.93% |
Inventory | |||
Prepaid Expenses | $1.373M | $544.0K | $514.0K |
Receivables | $1.298M | ||
Other Receivables | $0.00 | ||
Total Short-Term Assets | $48.99M | $14.56M | $23.19M |
YoY Change | 87.92% | -37.22% | 168.03% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $6.000K | $7.000K | $11.00K |
YoY Change | -40.0% | -36.36% | -92.67% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $6.000K | $7.000K | $11.00K |
YoY Change | -40.0% | -36.36% | -93.91% |
TOTAL ASSETS | |||
Total Short-Term Assets | $48.99M | $14.56M | $23.19M |
Total Long-Term Assets | $6.000K | $7.000K | $11.00K |
Total Assets | $48.99M | $14.57M | $23.20M |
YoY Change | 87.87% | -37.22% | 162.68% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.069M | $1.468M | $1.434M |
YoY Change | -32.51% | 2.37% | -22.07% |
Accrued Expenses | $1.684M | $1.223M | $1.204M |
YoY Change | -2.83% | 1.58% | 136.08% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.753M | $2.691M | $2.638M |
YoY Change | -28.59% | 2.01% | -12.33% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.753M | $2.691M | $2.638M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.753M | $2.691M | $2.638M |
YoY Change | -28.59% | 2.01% | -15.44% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$71.48M | -$105.4M | |
YoY Change | -20.02% | ||
Common Stock | $2.000K | $2.000K | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $46.24M | $11.88M | $20.57M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $48.99M | $14.57M | $23.20M |
YoY Change | 87.87% | -37.22% | 162.68% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $33.94M | -$4.531M | -$4.230M |
YoY Change | -637.64% | 7.12% | 238.94% |
Depreciation, Depletion And Amortization | $1.000K | $1.000K | $1.000K |
YoY Change | 0.0% | 0.0% | 0.0% |
Cash From Operating Activities | $28.79M | -$4.498M | -$3.584M |
YoY Change | -609.94% | 25.5% | 217.17% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
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 | -12.00K | 1.328M | 1.600M |
YoY Change | -100.15% | -17.0% | |
NET CHANGE | |||
Cash From Operating Activities | 28.79M | -4.498M | -3.584M |
Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
Cash From Financing Activities | -12.00K | 1.328M | 1.600M |
Net Change In Cash | 28.78M | -3.170M | -1.984M |
YoY Change | 1160.03% | 59.78% | 75.58% |
FREE CASH FLOW | |||
Cash From Operating Activities | $28.79M | -$4.498M | -$3.584M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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0 |