2021 Q4 Form 10-K Financial Statement

#000147793222001348 Filed on March 11, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $21.33K $49.33K
YoY Change 4384.55%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $21.33K $49.33K
YoY Change 4384.64%
Operating Profit -$49.33K
YoY Change 4384.64%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$21.33K -$49.33K
YoY Change 4384.55%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$21.33K -$49.33K
YoY Change 4384.64%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$1.482K -$3.427K
COMMON SHARES
Basic Shares Outstanding 14.40M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change -100.0%
Cash & Equivalents $0.00 $0.00
Short-Term Investments $0.00
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $0.00
Receivables
Other Receivables
Total Short-Term Assets $0.00 $0.00 $0.00
YoY Change -100.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $0.00 $0.00 $0.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $0.00 $0.00
YoY Change -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.000K $4.000K
YoY Change -27.27%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $71.11K $71.11K $21.78K
YoY Change 226.54% 226.49% 5.32%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $71.11K $71.11K $21.78K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $71.11K $71.11K
YoY Change 226.49%
SHAREHOLDERS EQUITY
Retained Earnings -$1.362M -$1.312M
YoY Change 3.76% 0.08%
Common Stock $14.40K $14.40K
YoY Change 0.0% -1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$71.11K -$71.11K -$21.78K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $0.00 $0.00
YoY Change -100.0%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$21.33K -$49.33K
YoY Change 4384.64%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$18.15K -$50.83K
YoY Change 1933.24%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.15K $50.83K
YoY Change 1933.24%
NET CHANGE
Cash From Operating Activities -18.15K -$50.83K
Cash From Investing Activities
Cash From Financing Activities 18.15K $50.83K
Net Change In Cash 0.000 $0.00
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$18.15K -$50.83K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.</p>
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