2021 Form 10-K Financial Statement
#000121390022013592 Filed on March 18, 2022
Income Statement
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $11.41M | $158.9K | $4.800M |
| YoY Change | 137.75% | 339.56% | |
| % of Gross Profit | |||
| Research & Development | $25.42M | $2.300M | $15.88M |
| YoY Change | 60.05% | 339.0% | |
| % of Gross Profit | |||
| Depreciation & Amortization | $377.0K | ||
| YoY Change | |||
| % of Gross Profit | |||
| Operating Expenses | $36.83M | $158.9K | $20.68M |
| YoY Change | 78.08% | 339.13% | |
| Operating Profit | -$36.83M | ||
| YoY Change | |||
| Interest Expense | -$3.501M | $2.610K | -$10.99M |
| YoY Change | -68.13% | -5026.46% | |
| % of Operating Profit | |||
| Other Income/Expense, Net | $9.697M | -$5.890M | |
| YoY Change | |||
| Pretax Income | -$30.64M | -$6.046M | -$31.67M |
| YoY Change | -3.26% | 535.03% | |
| Income Tax | -$9.960K | ||
| % Of Pretax Income | |||
| Net Earnings | -$30.64M | -$6.036M | -$31.67M |
| YoY Change | -3.26% | 535.03% | |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | -$2.69 | ||
| Diluted Earnings Per Share | -$809.3K | -$482.9K | -$837.4K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 11.39M shares | ||
| Diluted Shares Outstanding | 11.39M shares |
Balance Sheet
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $84.70M | $770.1K | $19.84M |
| YoY Change | 326.96% | -26.97% | |
| Cash & Equivalents | $84.70M | $20.18M | $19.84M |
| Short-Term Investments | |||
| Other Short-Term Assets | $2.432M | $247.0K | |
| YoY Change | 884.62% | ||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $87.83M | $921.6K | $20.69M |
| YoY Change | 324.61% | -23.85% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.833M | $2.029M | |
| YoY Change | 138.2% | ||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $100.3M | ||
| YoY Change | |||
| Other Assets | $990.0K | $643.0K | |
| YoY Change | 53.97% | 1239.58% | |
| Total Long-Term Assets | $5.823M | $100.3M | $2.672M |
| YoY Change | 117.93% | 5466.67% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $87.83M | $921.6K | $20.69M |
| Total Long-Term Assets | $5.823M | $100.3M | $2.672M |
| Total Assets | $93.65M | $101.3M | $23.36M |
| YoY Change | 300.97% | -14.16% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $3.919M | $269.5K | $1.417M |
| YoY Change | 176.57% | 127.45% | |
| Accrued Expenses | $4.101M | $2.536M | |
| YoY Change | 61.71% | 85.11% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $8.020M | $269.5K | $4.012M |
| YoY Change | 99.9% | 101.3% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $16.12M | $16.63M | $10.64M |
| YoY Change | 51.54% | 158.38% | |
| Total Long-Term Liabilities | $16.12M | $16.63M | $10.64M |
| YoY Change | 51.54% | 158.38% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $8.020M | $269.5K | $4.012M |
| Total Long-Term Liabilities | $16.12M | $16.63M | $10.64M |
| Total Liabilities | $24.14M | $16.90M | $14.65M |
| YoY Change | 64.78% | 139.76% | |
| 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 | $69.52M | $84.36M | $8.710M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $93.65M | $101.3M | $23.36M |
| YoY Change | 300.97% | -14.16% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | dei |
Entity Central Index Key
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Operating Lease Cost
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|
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