2021 Q2 Form 10-Q Financial Statement

#000155837021010770 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $242.0M $4.114M
YoY Change 5782.35% 9.79%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $110.0M $10.93M
YoY Change 906.4% 33.02%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $67.00M $492.0K
YoY Change 13517.89% 4.9%
% of Gross Profit
Operating Expenses $110.0M $10.93M
YoY Change 906.4% 33.02%
Operating Profit -$2.000M -$9.832M
YoY Change -79.66% 37.2%
Interest Expense $29.00M $5.131M
YoY Change 465.19% -19.09%
% of Operating Profit
Other Income/Expense, Net $23.00M $28.00K
YoY Change 82042.86% -93.1%
Pretax Income $101.0M $97.19M
YoY Change 3.92% 508.36%
Income Tax $45.00M $24.98M
% Of Pretax Income 44.55% 25.7%
Net Earnings $56.00M $72.21M
YoY Change -22.45% 499.19%
Net Earnings / Revenue 23.14% 1755.32%
Basic Earnings Per Share $0.30 $0.40
Diluted Earnings Per Share $0.30 $0.39
COMMON SHARES
Basic Shares Outstanding 188.0M 181.9M
Diluted Shares Outstanding 190.0M 182.8M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $219.2M $17.00M
YoY Change 1189.65% -74.63%
Cash & Equivalents $219.2M $17.16M
Short-Term Investments
Other Short-Term Assets $66.24M $2.544M
YoY Change 2503.66% -64.57%
Inventory
Prepaid Expenses
Receivables $233.6M
Other Receivables $0.00
Total Short-Term Assets $519.0M $19.71M
YoY Change 2533.96% -73.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.047B
YoY Change
Goodwill $764.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.95B $12.31B
YoY Change 21.46% 2.35%
Other Assets $195.7M $9.100M
YoY Change 2050.03% -0.13%
Total Long-Term Assets $18.26B $12.32B
YoY Change 48.23% 2.35%
TOTAL ASSETS
Total Short-Term Assets $519.0M $19.71M
Total Long-Term Assets $18.26B $12.32B
Total Assets $18.78B $12.34B
YoY Change 52.2% 1.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $216.5M $9.000M
YoY Change 2305.64% -52.63%
Accrued Expenses
YoY Change
Deferred Revenue $30.49M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $31.94M
YoY Change
Total Short-Term Liabilities $728.9M $20.11M
YoY Change 3525.15% -31.57%
LONG-TERM LIABILITIES
Long-Term Debt $3.710B $574.0M
YoY Change 546.36% 9.54%
Other Long-Term Liabilities $183.9M $3.045M
YoY Change 5940.62% 17.34%
Total Long-Term Liabilities $3.894B $3.045M
YoY Change 127782.66% 17.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $728.9M $20.11M
Total Long-Term Liabilities $3.894B $3.045M
Total Liabilities $6.945B $1.615B
YoY Change 330.12% 6.22%
SHAREHOLDERS EQUITY
Retained Earnings $3.274B $2.832B
YoY Change 15.6% 6.94%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $11.82B $10.72B
YoY Change
Total Liabilities & Shareholders Equity $18.78B $12.34B
YoY Change 52.2% 1.89%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $56.00M $72.21M
YoY Change -22.45% 499.19%
Depreciation, Depletion And Amortization $67.00M $492.0K
YoY Change 13517.89% 4.9%
Cash From Operating Activities -$81.54M -$1.200M
YoY Change 6695.25% -85.88%
INVESTING ACTIVITIES
Capital Expenditures -$21.50M $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $1.246B $0.00
YoY Change
Cash From Investing Activities $1.224B $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 -2.100B 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -81.54M -1.200M
Cash From Investing Activities 1.224B 0.000
Cash From Financing Activities -2.100B 0.000
Net Change In Cash -957.5M -1.200M
YoY Change 79689.33% -80.33%
FREE CASH FLOW
Cash From Operating Activities -$81.54M -$1.200M
Capital Expenditures -$21.50M $0.00
Free Cash Flow -$60.04M -$1.200M
YoY Change 4903.67% -85.71%

Facts In Submission

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