2022 Q1 Form 10-Q Financial Statement
#000149315222013995 Filed on May 17, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $2.284M | $1.558M |
| YoY Change | 46.6% | 58.33% |
| Cost Of Revenue | $1.453M | $872.9K |
| YoY Change | 66.47% | 61.71% |
| Gross Profit | $830.9K | $685.0K |
| YoY Change | 21.29% | 54.23% |
| Gross Profit Margin | 36.38% | 43.97% |
| Selling, General & Admin | $842.5K | $286.4K |
| YoY Change | 194.19% | 10.59% |
| % of Gross Profit | 101.4% | 41.81% |
| Research & Development | $516.6K | $337.3K |
| YoY Change | 53.17% | 18.46% |
| % of Gross Profit | 62.18% | 49.24% |
| Depreciation & Amortization | $140.4K | $2.814K |
| YoY Change | 4888.27% | 21.66% |
| % of Gross Profit | 16.89% | 0.41% |
| Operating Expenses | $1.551M | $623.7K |
| YoY Change | 148.66% | 14.71% |
| Operating Profit | -$720.0K | -$309.2K |
| YoY Change | 132.82% | -21.81% |
| Interest Expense | -$11.09K | -$37.81K |
| YoY Change | -70.67% | 348.52% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$731.0K | -$347.0K |
| YoY Change | 110.65% | -14.08% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$731.0K | -$347.0K |
| YoY Change | 110.65% | -14.08% |
| Net Earnings / Revenue | -32.01% | -22.28% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$5.562K | -$2.647K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 131.1M | |
| Diluted Shares Outstanding | 131.1M |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.080M | $1.612M |
| YoY Change | 29.09% | 195.43% |
| Cash & Equivalents | $1.612M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $156.9K | $136.6K |
| YoY Change | 14.82% | 22.99% |
| Inventory | ||
| Prepaid Expenses | $136.6K | |
| Receivables | $3.784M | $2.389M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $6.021M | $4.137M |
| YoY Change | 45.53% | 51.1% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $83.35K | $21.29K |
| YoY Change | 291.5% | -14.39% |
| Goodwill | $3.301M | |
| YoY Change | 0.0% | |
| Intangibles | $2.112M | |
| YoY Change | -20.84% | |
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $31.73K | $39.46K |
| YoY Change | -19.59% | -6.89% |
| Total Long-Term Assets | $4.973M | $5.563M |
| YoY Change | -10.6% | -9.76% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $6.021M | $4.137M |
| Total Long-Term Assets | $4.973M | $5.563M |
| Total Assets | $10.99M | $9.700M |
| YoY Change | 13.34% | 8.95% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.154M | $676.9K |
| YoY Change | 70.47% | 72.45% |
| Accrued Expenses | $641.5K | $418.5K |
| YoY Change | 53.26% | 31.88% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $1.922M | $1.186M |
| YoY Change | 62.07% | 46.3% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $47.98K | $47.65K |
| YoY Change | 0.69% | |
| Other Long-Term Liabilities | $34.42K | $66.61K |
| YoY Change | -48.33% | -24.76% |
| Total Long-Term Liabilities | $82.40K | $47.65K |
| YoY Change | 72.93% | -46.18% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.922M | $1.186M |
| Total Long-Term Liabilities | $82.40K | $47.65K |
| Total Liabilities | $2.215M | $1.300M |
| YoY Change | 70.35% | 44.6% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$40.80M | |
| YoY Change | -0.39% | |
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $8.780M | $8.400M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $10.99M | $9.700M |
| YoY Change | 13.34% | 8.95% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$731.0K | -$347.0K |
| YoY Change | 110.65% | -14.08% |
| Depreciation, Depletion And Amortization | $140.4K | $2.814K |
| YoY Change | 4888.27% | 21.66% |
| Cash From Operating Activities | $15.88K | $393.1K |
| YoY Change | -95.96% | -198.12% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$6.980K | $2.265K |
| YoY Change | -408.17% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$6.980K | -$2.265K |
| YoY Change | 208.17% | -53.86% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -7.040K | -5.248K |
| YoY Change | 34.15% | -67.58% |
| NET CHANGE | ||
| Cash From Operating Activities | 15.88K | 393.1K |
| Cash From Investing Activities | -6.980K | -2.265K |
| Cash From Financing Activities | -7.040K | -5.248K |
| Net Change In Cash | 1.860K | 385.5K |
| YoY Change | -99.52% | -191.43% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $15.88K | $393.1K |
| Capital Expenditures | -$6.980K | $2.265K |
| Free Cash Flow | $22.86K | $390.8K |
| YoY Change | -94.15% | -197.55% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
USD | |
| CY2022Q1 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
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| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
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| CY2021Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
USD | |
| CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021Q1 | KDOZF |
Stock Awareness Program
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| CY2021Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
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| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
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| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
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Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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|
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| CY2021Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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|
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| CY2021Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
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|
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| CY2022Q1 | us-gaap |
Goodwill Impairment Loss
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|
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| CY2021 | us-gaap |
Goodwill Impairment Loss
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|
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