2022 Q1 Form 10-Q Financial Statement
#000149315222014633 Filed on May 20, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $27.65K | $0.00 |
| YoY Change | ||
| Cost Of Revenue | $12.86K | $0.00 |
| YoY Change | ||
| Gross Profit | $14.79K | |
| YoY Change | ||
| Gross Profit Margin | 53.49% | |
| Selling, General & Admin | $652.6K | $778.0K |
| YoY Change | -16.12% | 41.09% |
| % of Gross Profit | 4412.58% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | $10.58K |
| YoY Change | -100.0% | |
| % of Gross Profit | 0.0% | |
| Operating Expenses | $655.6K | $778.0K |
| YoY Change | -15.73% | 41.09% |
| Operating Profit | -$640.8K | -$778.0K |
| YoY Change | -17.63% | 41.09% |
| Interest Expense | $1.144M | -$270.2K |
| YoY Change | -523.56% | 3759.71% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$10.27K | |
| YoY Change | ||
| Pretax Income | $490.0K | -$1.058M |
| YoY Change | -146.3% | 122.28% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $490.0K | -$1.058M |
| YoY Change | -146.3% | 73.85% |
| Net Earnings / Revenue | 1772.3% | |
| Basic Earnings Per Share | $0.01 | |
| Diluted Earnings Per Share | $10.25K | -$34.05K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 47.80M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $184.5K | $1.574M |
| YoY Change | -88.27% | 3878.06% |
| Cash & Equivalents | $184.5K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $23.78K | |
| YoY Change | ||
| Inventory | $269.3K | $182.3K |
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $477.6K | $1.756M |
| YoY Change | -72.8% | 1964.23% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $28.33K | $20.33K |
| YoY Change | 39.35% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $100.00 | $100.00 |
| YoY Change | 0.0% | -99.6% |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $28.43K | $20.44K |
| YoY Change | 39.09% | -14.83% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $477.6K | $1.756M |
| Total Long-Term Assets | $28.43K | $20.44K |
| Total Assets | $506.1K | $1.776M |
| YoY Change | -71.51% | 1528.75% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $250.2K | $203.5K |
| YoY Change | 22.95% | -6.63% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $2.365M | $1.595M |
| YoY Change | 48.28% | 210.66% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $3.784M | $2.484M |
| YoY Change | 52.36% | 141.28% |
| 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 | $3.784M | $2.484M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $3.784M | $2.484M |
| YoY Change | 52.36% | 141.28% |
| 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 | -$3.278M | -$332.3K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $506.1K | $1.776M |
| YoY Change | -71.51% | 1528.75% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $490.0K | -$1.058M |
| YoY Change | -146.3% | 73.85% |
| Depreciation, Depletion And Amortization | $0.00 | $10.58K |
| YoY Change | -100.0% | |
| Cash From Operating Activities | -$478.4K | -$958.0K |
| YoY Change | -50.06% | 192.19% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$20.33K | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$20.33K | |
| 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 | 650.0K | 2.438M |
| YoY Change | -73.34% | 675.65% |
| NET CHANGE | ||
| Cash From Operating Activities | -478.4K | -958.0K |
| Cash From Investing Activities | -20.33K | |
| Cash From Financing Activities | 650.0K | 2.438M |
| Net Change In Cash | $0.00 | 1.459M |
| YoY Change | -100.0% | -10846.69% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$478.4K | -$958.0K |
| Capital Expenditures | -$20.33K | |
| Free Cash Flow | -$478.4K | -$937.7K |
| YoY Change | -48.98% |
Facts In Submission
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|---|---|---|---|---|
| CY2022Q1 | KOAN |
Interest Paid Nets
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Liabilities Of Disposal Group Including Discontinued Operation Current
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Liabilities Of Disposal Group Including Discontinued Operation Current
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